Hyzon Motors rejects short seller report

Firm strongly rejects report by investment firm Blue Orca that caused its share price to drop sharply

Hydrogen electric fuel cell vehicle manufacturer Hyzon Motors has strongly rejected a short seller report published by investment firm Blue Orca that caused its share price to fall by more than 20pc in a day at the end of last month. Blue Orca published a report saying it was short Hyzon Motors, and accused the firm of mis-representing the nature of its deals with China’s Shanghai Hongyun and New Zealand’s Hiringa. “The self-serving short seller report published by Blue Orca last week is inaccurate and misleading, and we believe it was intended solely to generate profits on Blue Orca’s short position at the expense of Hyzon’s long-term shareholders,” says Hyzon’s Craig Knight. Blue Orca also