King Abdullah Financial Center in Riyadh
Hyzon to look at hydrogen vehicle factory in Neom
Hyzon, Modern Group and Neom company will finalise plans over the next 18 months for the facility
Vehicle manufacturers Hyzon Motors and Modern Group have signed a memorandum of understanding to develop a factory to make hydrogen-powered commercial vehicles in Neom, Saudi Arabia. Neom is a planned city in northwest Saudi that the government wants to be a hub for low carbon industry and green hydrogen production. “Hydrogen is key to power heavy duty commercial transport” Knight, Hyzon Motors Hyzon, Modern Group and Neom company will finalise plans over the next 18 months for the facility, which they hope will produce 10,000 vehicles a year. “Hydrogen is a key fuel to power global heavy duty commercial transport, liberating it from dependence on fossil fuels,” says Craig Knight, CE
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
