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Ronn Motor Group

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Namestring
Ronn Motor Group
Legal namestring
RONN Motor Group, Inc.
Company typeenum
Public
Founded yearint
2013
Descriptiontext

Ronn Motor Group, Inc. is a publicly traded (OTC pink, formerly LPHM) zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) developer headquartered in Scottsdale, Arizona, with additional offices in Arizona and Michigan. The company designs three vehicle programs built on PEMFC technology: the PHOENIX second-generation hydrogen supercar (400+ mile range), the MYST Q-Series luxury SUV (400+ mile range), and a Class 3-6 hydrogen-powered fleet delivery truck (300-320 kW electric motor, 90-100 kW fuel cell, 35-45 kg hydrogen storage at 350 bar, 500+ km range). All production is executed through contract manufacturing partnerships with ROUSH and MAGNA Styer rather than owned factories, with manufacturing planned for release in US, Europe, and China markets.

The company generates revenue (when and if at all) through hardware sales of these vehicles to fleet operators, logistics companies, and luxury vehicle consumers, with complementary planned revenue from hydrogen infrastructure partnerships. No pricing has been publicly disclosed, no customers or contracted orders have been named, and the company is explicitly described as pre-revenue as of the firm's most recent disclosures, with anticipated revenue originally projected for early 2024. Distribution is pursued through enterprise direct sales and global channel partnerships, and the company holds an approved Tier 2 Reg A offering inherited from Lee Pharmaceuticals alongside a stated roadmap to up-list from OTC Pink to OTCQB and ultimately NASDAQ Small Cap.

The business is pre-commercial and capital-markets-driven rather than revenue-driven. The company completed a reverse triangular merger with Lee Pharmaceuticals in March 2023 to achieve public listing status, has appointed a marketing-heavy executive bench (including a Chief Global Corporate Strategist from Sonic Seven, a Chief Branding & Marketing Officer from entertainment production, and a Digital Marketing Officer from Rolls-Royce), and has built a partnership stack covering software (CommerTECH), PR (Sonic Seven), contract manufacturing (ROUSH, MAGNA Styer), and hydrogen infrastructure (BayoTech). Net income and operating income figures in the input appear to contain corrupted magnitudes (e.g., -$392 billion for 2022 operating income) and should not be relied upon; the honest read is that the company has not yet demonstrated commercial-scale operations.

Short descriptiontext

Ronn Motor Group is a publicly traded (OTC pink) zero-emission hydrogen fuel cell electric vehicle developer designing supercars (PHOENIX), luxury SUVs (MYST Q-Series), and Class 3-6 fleet delivery trucks on PEMFC technology, targeting fleet operators, logistics firms, and luxury vehicle consumers via contract manufacturing.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersScottsdale, United States
HQ citystring
Scottsdale
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hydrogen fuel cell vehicles, zero emission automobiles, commercial fleet trucks, luxury electric SUVs, automotive manufacturing
Industry2 codes
PRIMARYIMACACAJ
Hydrogen Fuel Cell Electric Vehicle (FCEV) Manufacturing
SECONDARYIMACABAK
Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells)
NAICS code1 code
  • Motor Vehicle Manufacturing3361
SIC code1 code
  • Motor Vehicles & Passenger Car Bodies3711
Product category
Hydrogen Fuel Cell Electric Vehicles
No data
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1HFCEV Vehicle Sales
TypeHardware Sales
Description

RONN Motor Group generates revenue primarily through the sale of hydrogen fuel cell electric vehicles including fleet delivery trucks, luxury SUVs (MYST Q-Series), and supercars (PHOENIX). The company is in the pre-revenue stage with anticipated revenue status in early 2024.

ronnmotorgroup.com
2Distribution Agreements
TypeHardware Sales
Description

The company is negotiating several distribution agreements with global automotive manufacturing leaders to expand sales of their HFCEV vehicles internationally.

ronnmotorgroup.com
3Hydrogen Infrastructure
TypeManaged Services
Description

RONN is teaming up with a leading hydrogen fueling company to develop hydrogen fuel distribution infrastructure domestically and in key countries worldwide, potentially generating revenue from infrastructure partnerships.

ronnmotorgroup.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

RONN Motor Group designs and engineers zero-emission Hydrogen Fuel Cell Electric Vehicles (HFCEVs), including Class 3-6 fleet delivery trucks, the MYST Q-Series luxury SUV, and the PHOENIX supercar. The vehicles use Proton Exchange Membrane Fuel Cell (PEMFC) technology with quick refueling times under five minutes and extended driving ranges of 400+ miles, targeting commercial fleet operators and affluent consumer markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 300-500+ miles driving range on single hydrogen fueling
+2 more records
Product overview1 text field

RONN Motor Group is a global zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) automaker designing and engineering a portfolio of hydrogen fuel cell vehicles ranging from luxury SUVs (MYST Q-Series) and supercars (PHOENIX) to urban logistic trucks (Fleet Delivery Truck). The company operates through contract manufacturing and engineering partnerships with automotive giants including ROUSH and MAGNA Styr, and is developing hydrogen infrastructure through supplier BayoTech. The vehicle lineup is built on variable chassis platforms, allowing launches as the hydrogen fuel cell vehicle sector develops, with manufacturing planned for U.S., Europe, and China markets.

Product and service3 records
1Fleet Delivery Truck
CategoryCommercial Fleet Vehicles
Description

Zero-emission hydrogen fuel cell electric light and medium-duty delivery truck featuring a 300-320 kW electric motor, 90-100 kW PEM fuel cell, hydrogen storage of 35-45 kg at 350 bar, and 500+ km (300+ miles) range. Designed for commercial fleet operators and logistics companies serving cargo, courier, and delivery services with quick refueling under five minutes.

2MYST Q-Series
CategoryLuxury Passenger Vehicles
Description

Zero-emission hydrogen fuel cell electric luxury SUV with an anticipated 400+ mile driving range, state-of-the-art architecture, luxurious interior, intuitive design, and safety and driver-assist features. Targeted at affluent consumers seeking sustainable luxury transportation for personal, family, and ride-sharing use.

3PHOENIX
CategoryPerformance Vehicles
Description

Zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) second-generation supercar featuring hydrogen fuel cell/battery propulsion with all-electric drive for an estimated 400+ mile driving range, sleek futuristic design, and exceptional performance. Successor design to the original Scorpion hydrogen hybrid supercar.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-03-23
Description

RONN Motor Group selected CommerTECH as the exclusive global software development company for in-vehicle technology, telematics, and infrastructure for their Hydrogen Fuel Cell logistic medium-duty trucks globally. CommerTECH is a global software/IT firm with a successful track record in automotive, healthcare, banking, and nutraceutical industries, recognized with number 1 and 2 Carlisle awards for over a decade in automotive.

Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2023-03-06
Description

RONN Motor Group announced an exclusive agreement with Sonic Seven Communications, a global marketing and public relations firm, to ensure the brand and launch of the expansion would be leveraged globally. Sonic Seven was founded by Sheila R. Stewart, who brings expertise from Fortune 500 companies including Maybach, Mercedes, GM, Warner Bros., and Discovery Channel.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2023-02-16
Description

RONN Motor Group completed a reverse triangular merger with Lee Pharmaceuticals, allowing RONN to go public through this transaction. LPHM has an approved Tier 2, Reg A offering in place and the company plans to up-list to OTCQB and eventually NASDAQ. John Morgan, former CEO of LPHM, joined the RONN executive team.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

RONN Motor Group is working with global contract engineering and manufacturing leaders including ROUSH and MAGNA Styer for vehicle design and manufacturing through contract manufacturing and engineering partnerships.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Through contract supplier BayoTech, RONN plans to roll out the Hydrogen Infrastructure Strategic framework in targeted regions for hydrogen fueling infrastructure development and deployment.

6Leading Hydrogen Fueling Company
Strategic tierCoreTypeStrategic or Co-development Partner
Description

RONN Motor Group is teaming up with a leading hydrogen fueling company to develop a hydrogen fuel distribution infrastructure domestically and in key countries worldwide, supporting the adoption of HFCEVs.

ronnmotorgroup.com
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Eventus Advisory Group provides executive team members including Neil Reithinger as President of Eventus (Acting CFO), providing financial advisory and CFO services to the company.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Nikola is a direct competitor developing hydrogen fuel cell heavy-duty trucks (Tre FCEV) and Class 6-8 commercial vehicles. RONN's Class 3-6 fleet truck targeting the same fleet/logistics customer base with comparable ZEV-tailored technology makes Nikola the closest direct analog.

TypeDirect peer
Description

Hyzon develops PEM hydrogen fuel cell commercial vehicles focused on trucking, refuse, and delivery fleets. It targets the same hydrogen-truck-for-fleet-adoption thesis as RONN's fleet delivery trucks, including infrastructure partnerships with fueling providers.

TypeBroad incumbent
Description

Toyota is the established leader in hydrogen FCEV passenger vehicles with the Mirai and a fuel cell truck pilot. As an OEM with deep HFCEV R&D, manufacturing scale, and Mirai's brand halo, Toyota is the broad incumbent RONN competes against in luxury FCEVs and commercial hydrogen pilots.

TypeBroad incumbent
Description

Hyundai produces the Nexo hydrogen fuel cell SUV and is scaling its HTWO fuel cell brand across commercial vehicles and ships. As a major OEM with an established FCEV passenger and commercial program, Hyundai is the leading broad incumbent peer to RONN's luxury SUV and fleet ambitions.

TypeBroad incumbent
Description

Daimler Truck is developing fuel cell heavy trucks (GenH2) and collaborates with Plug Power. As the dominant commercial-vehicle OEM with a direct hydrogen truck program, Daimler defines the competitive benchmark for RONN's Class 3-6 fleet truck ambitions.

TypeBroad incumbent
Description

PACCAR's Kenworth and Peterbilt brands produce Class 6-8 trucks and have hydrogen fuel cell truck projects (e.g., Kenworth T680 FCEV with Toyota). PACCAR represents the established truck OEM whose fleet customer relationships RONN will need to access to win medium-duty hydrogen business.

TypeEmerging player
Description

Ballard is a leading PEM fuel cell stack supplier for commercial vehicles (buses, trucks, trains). It is comparable as an adjacent technology provider/partner that RONN's PEMFC integration relies on, and competes for the same hydrogen-mobility ecosystem.

TypeBroad incumbent
Description

Cummins, through its Accelera hydrogen business, develops PEM fuel cell powertrains for heavy trucks and buses. It is a broad incumbent with deep hydrogen commercial-vehicle R&D and partnerships that overlap with RONN's target market.

TypeEmerging player
Description

Workhorse develops battery-electric last-mile delivery trucks (W750, W4 CC) targeting exactly the same fleet/logistics buyers that RONN's Class 3-6 HFCEV truck targets. It is an emerging player offering the alternative competing technology (BEV vs. FCEV) in the same commercial segments.

TypeEmerging player
Description

Lightning eMotors produces medium-duty electric commercial vehicles (vans, trucks, shuttle buses) via partnerships with Ford and other chassis makers. As an emerging fleet-EV builder, it competes for the same fleet customer budget that RONN's hydrogen truck targets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ronn Motor Group

Hydrogen Fuel Cell Electric Vehiclesronnmotorgroup.com

Ronn Motor Group is a publicly traded (OTC pink) zero-emission hydrogen fuel cell electric vehicle developer designing supercars (PHOENIX), luxury SUVs (MYST Q-Series), and Class 3-6 fleet delivery trucks on PEMFC technology, targeting fleet operators, logistics firms, and luxury vehicle consumers via contract manufacturing.

What Ronn Motor Group does

Ronn Motor Group, Inc. is a publicly traded (OTC pink, formerly LPHM) zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) developer headquartered in Scottsdale, Arizona, with additional offices in Arizona and Michigan. The company designs three vehicle programs built on PEMFC technology: the PHOENIX second-generation hydrogen supercar (400+ mile range), the MYST Q-Series luxury SUV (400+ mile range), and a Class 3-6 hydrogen-powered fleet delivery truck (300-320 kW electric motor, 90-100 kW fuel cell, 35-45 kg hydrogen storage at 350 bar, 500+ km range). All production is executed through contract manufacturing partnerships with ROUSH and MAGNA Styer rather than owned factories, with manufacturing planned for release in US, Europe, and China markets.

The company generates revenue (when and if at all) through hardware sales of these vehicles to fleet operators, logistics companies, and luxury vehicle consumers, with complementary planned revenue from hydrogen infrastructure partnerships. No pricing has been publicly disclosed, no customers or contracted orders have been named, and the company is explicitly described as pre-revenue as of the firm's most recent disclosures, with anticipated revenue originally projected for early 2024. Distribution is pursued through enterprise direct sales and global channel partnerships, and the company holds an approved Tier 2 Reg A offering inherited from Lee Pharmaceuticals alongside a stated roadmap to up-list from OTC Pink to OTCQB and ultimately NASDAQ Small Cap.

The business is pre-commercial and capital-markets-driven rather than revenue-driven. The company completed a reverse triangular merger with Lee Pharmaceuticals in March 2023 to achieve public listing status, has appointed a marketing-heavy executive bench (including a Chief Global Corporate Strategist from Sonic Seven, a Chief Branding & Marketing Officer from entertainment production, and a Digital Marketing Officer from Rolls-Royce), and has built a partnership stack covering software (CommerTECH), PR (Sonic Seven), contract manufacturing (ROUSH, MAGNA Styer), and hydrogen infrastructure (BayoTech). Net income and operating income figures in the input appear to contain corrupted magnitudes (e.g., -$392 billion for 2022 operating income) and should not be relied upon; the honest read is that the company has not yet demonstrated commercial-scale operations.

Ronn Motor Group firmographics

Firmographics
Name
Ronn Motor Group
Legal name
RONN Motor Group, Inc.
Website
https://ronnmotorgroup.com
Company type
Public
Founded year
2013
Operating status
Operating
Headcount range
11–50 employees
Short description
Ronn Motor Group is a publicly traded (OTC pink) zero-emission hydrogen fuel cell electric vehicle developer designing supercars (PHOENIX), luxury SUVs (MYST Q-Series), and Class 3-6 fleet delivery trucks on PEMFC technology, targeting fleet operators, logistics firms, and luxury vehicle consumers via contract manufacturing.
Ownership category
akta.pro rank

Ronn Motor Group industry classification

Industry
Product category
Hydrogen Fuel Cell Electric Vehicles
NAICS
Motor Vehicle Manufacturing (3361)
SIC
Motor Vehicles & Passenger Car Bodies (3711)
akta.pro industry
PRIMARYIMACACAJ
Hydrogen Fuel Cell Electric Vehicle (FCEV) Manufacturing
SECONDARYIMACABAK
Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells)

Keywords

  • Hydrogen fuel cell vehicles
  • Zero emission automobiles
  • Commercial fleet trucks
  • Luxury electric SUVs
  • Automotive manufacturing

Where Ronn Motor Group is headquartered

Location

Headquarters

HQ city
Scottsdale
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Ronn Motor Group business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations

Revenue model

  1. HFCEV Vehicle Sales: RONN Motor Group generates revenue primarily through the sale of hydrogen fuel cell electric vehicles including fleet delivery trucks, luxury SUVs (MYST Q-Series), and supercars (PHOENIX). The company is in the pre-revenue stage with anticipated revenue status in early 2024.
  2. Distribution Agreements: The company is negotiating several distribution agreements with global automotive manufacturing leaders to expand sales of their HFCEV vehicles internationally.
  3. Hydrogen Infrastructure: RONN is teaming up with a leading hydrogen fueling company to develop hydrogen fuel distribution infrastructure domestically and in key countries worldwide, potentially generating revenue from infrastructure partnerships.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Ronn Motor Group product offering

Product offering

Core offering

RONN Motor Group designs and engineers zero-emission Hydrogen Fuel Cell Electric Vehicles (HFCEVs), including Class 3-6 fleet delivery trucks, the MYST Q-Series luxury SUV, and the PHOENIX supercar. The vehicles use Proton Exchange Membrane Fuel Cell (PEMFC) technology with quick refueling times under five minutes and extended driving ranges of 400+ miles, targeting commercial fleet operators and affluent consumer markets.

Product overview

RONN Motor Group is a global zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) automaker designing and engineering a portfolio of hydrogen fuel cell vehicles ranging from luxury SUVs (MYST Q-Series) and supercars (PHOENIX) to urban logistic trucks (Fleet Delivery Truck). The company operates through contract manufacturing and engineering partnerships with automotive giants including ROUSH and MAGNA Styr, and is developing hydrogen infrastructure through supplier BayoTech. The vehicle lineup is built on variable chassis platforms, allowing launches as the hydrogen fuel cell vehicle sector develops, with manufacturing planned for U.S., Europe, and China markets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Fleet Delivery Truck Zero-emission hydrogen fuel cell electric light and medium-duty delivery truck featuring a 300-320 kW electric motor, 90-100 kW PEM fuel cell, hydrogen storage of 35-45 kg at 350 bar, and 500+ km (300+ miles) range. Designed for commercial fleet operators and logistics companies serving cargo, courier, and delivery services with quick refueling under five minutes.
  • MYST Q-Series Zero-emission hydrogen fuel cell electric luxury SUV with an anticipated 400+ mile driving range, state-of-the-art architecture, luxurious interior, intuitive design, and safety and driver-assist features. Targeted at affluent consumers seeking sustainable luxury transportation for personal, family, and ride-sharing use.
  • PHOENIX Zero-emission Hydrogen Fuel Cell Electric Vehicle (HFCEV) second-generation supercar featuring hydrogen fuel cell/battery propulsion with all-electric drive for an estimated 400+ mile driving range, sleek futuristic design, and exceptional performance. Successor design to the original Scorpion hydrogen hybrid supercar.

Quantifiable outcome

  • 300-500+ miles driving range on single hydrogen fueling
  • +2 more outcomes

Companies that use Ronn Motor Group

Customer profile

Segments3 records

Ideal customer profiles2 records

Ronn Motor Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Ronn Motor Group partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

  • CommerTECHcoreTechnology or Integration · 23 March 2023RONN Motor Group selected CommerTECH as the exclusive global software development company for in-vehicle technology, telematics, and infrastructure for their Hydrogen Fuel Cell logistic medium-duty trucks globally. CommerTECH is a global software/IT firm with a successful track record in automotive, healthcare, banking, and nutraceutical industries, recognized with number 1 and 2 Carlisle awards for over a decade in automotive.
  • Sonic Seven CommunicationscoreGTM or Marketing Partner · 6 March 2023RONN Motor Group announced an exclusive agreement with Sonic Seven Communications, a global marketing and public relations firm, to ensure the brand and launch of the expansion would be leveraged globally. Sonic Seven was founded by Sheila R. Stewart, who brings expertise from Fortune 500 companies including Maybach, Mercedes, GM, Warner Bros., and Discovery Channel.
  • Lee Pharmaceuticals (LPHM)flagshipStrategic or Co-development Partner · 16 February 2023RONN Motor Group completed a reverse triangular merger with Lee Pharmaceuticals, allowing RONN to go public through this transaction. LPHM has an approved Tier 2, Reg A offering in place and the company plans to up-list to OTCQB and eventually NASDAQ. John Morgan, former CEO of LPHM, joined the RONN executive team.
  • ROUSH and MAGNA StyercoreOEM/ Whitelabel/ Licensing PartnerRONN Motor Group is working with global contract engineering and manufacturing leaders including ROUSH and MAGNA Styer for vehicle design and manufacturing through contract manufacturing and engineering partnerships.
  • BayoTechcoreStrategic or Co-development PartnerThrough contract supplier BayoTech, RONN plans to roll out the Hydrogen Infrastructure Strategic framework in targeted regions for hydrogen fueling infrastructure development and deployment.
  • Leading Hydrogen Fueling CompanycoreStrategic or Co-development PartnerRONN Motor Group is teaming up with a leading hydrogen fueling company to develop a hydrogen fuel distribution infrastructure domestically and in key countries worldwide, supporting the adoption of HFCEVs.
  • Eventus Advisory GroupminorImplementation/ SI/ Consulting PartnerEventus Advisory Group provides executive team members including Neil Reithinger as President of Eventus (Acting CFO), providing financial advisory and CFO services to the company.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Ronn Motor Group competitors and assessment

Company assessment

Direct peers

  • Nikola Corporation: Nikola is a direct competitor developing hydrogen fuel cell heavy-duty trucks (Tre FCEV) and Class 6-8 commercial vehicles. RONN's Class 3-6 fleet truck targeting the same fleet/logistics customer base with comparable ZEV-tailored technology makes Nikola the closest direct analog.
  • Hyzon Motors: Hyzon develops PEM hydrogen fuel cell commercial vehicles focused on trucking, refuse, and delivery fleets. It targets the same hydrogen-truck-for-fleet-adoption thesis as RONN's fleet delivery trucks, including infrastructure partnerships with fueling providers.

Broad incumbents

  • Toyota Motor (Mirai program): Toyota is the established leader in hydrogen FCEV passenger vehicles with the Mirai and a fuel cell truck pilot. As an OEM with deep HFCEV R&D, manufacturing scale, and Mirai's brand halo, Toyota is the broad incumbent RONN competes against in luxury FCEVs and commercial hydrogen pilots.
  • Hyundai Motor Group (Nexo / HTWO): Hyundai produces the Nexo hydrogen fuel cell SUV and is scaling its HTWO fuel cell brand across commercial vehicles and ships. As a major OEM with an established FCEV passenger and commercial program, Hyundai is the leading broad incumbent peer to RONN's luxury SUV and fleet ambitions.
  • Daimler Truck: Daimler Truck is developing fuel cell heavy trucks (GenH2) and collaborates with Plug Power. As the dominant commercial-vehicle OEM with a direct hydrogen truck program, Daimler defines the competitive benchmark for RONN's Class 3-6 fleet truck ambitions.
  • PACCAR (Kenworth / Peterbilt): PACCAR's Kenworth and Peterbilt brands produce Class 6-8 trucks and have hydrogen fuel cell truck projects (e.g., Kenworth T680 FCEV with Toyota). PACCAR represents the established truck OEM whose fleet customer relationships RONN will need to access to win medium-duty hydrogen business.
  • Cummins (Accelera by Cummins hydrogen business): Cummins, through its Accelera hydrogen business, develops PEM fuel cell powertrains for heavy trucks and buses. It is a broad incumbent with deep hydrogen commercial-vehicle R&D and partnerships that overlap with RONN's target market.

Emerging players

  • Ballard Power Systems: Ballard is a leading PEM fuel cell stack supplier for commercial vehicles (buses, trucks, trains). It is comparable as an adjacent technology provider/partner that RONN's PEMFC integration relies on, and competes for the same hydrogen-mobility ecosystem.
  • Workhorse Group: Workhorse develops battery-electric last-mile delivery trucks (W750, W4 CC) targeting exactly the same fleet/logistics buyers that RONN's Class 3-6 HFCEV truck targets. It is an emerging player offering the alternative competing technology (BEV vs. FCEV) in the same commercial segments.
  • Lightning eMotors: Lightning eMotors produces medium-duty electric commercial vehicles (vans, trucks, shuttle buses) via partnerships with Ford and other chassis makers. As an emerging fleet-EV builder, it competes for the same fleet customer budget that RONN's hydrogen truck targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Ronn Motor Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ronn Motor Group leadership team

Management profile

Number of profiles

Profiles9 records

Ronn Motor Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ronn Motor Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ronn Motor Group

What does Ronn Motor Group do?

RONN Motor Group designs and engineers zero-emission Hydrogen Fuel Cell Electric Vehicles (HFCEVs), including Class 3-6 fleet delivery trucks, the MYST Q-Series luxury SUV, and the PHOENIX supercar. The vehicles use Proton Exchange Membrane Fuel Cell (PEMFC) technology with quick refueling times under five minutes and extended driving ranges of 400+ miles, targeting commercial fleet operators and affluent consumer markets.

Is Ronn Motor Group a public or private company?

Ronn Motor Group is a public company. It is classified as public and is currently operating.

When was Ronn Motor Group founded?

Ronn Motor Group was founded in 2013. It employs 11 to 50 people.

Where is Ronn Motor Group based?

Ronn Motor Group is headquartered in Scottsdale, United States, in the North America region.

How does Ronn Motor Group make money?

Three revenue lines are on record. HFCEV Vehicle Sales are the primary driver. The others are distribution Agreements and hydrogen Infrastructure.

Who are Ronn Motor Group's main competitors?

Direct peers on record are Nikola Corporation and Hyzon Motors. Broad incumbents are Toyota Motor (Mirai program), Hyundai Motor Group (Nexo / HTWO), Daimler Truck, PACCAR (Kenworth / Peterbilt) and Cummins (Accelera by Cummins hydrogen business). Emerging players are Ballard Power Systems, Workhorse Group and Lightning eMotors.

Does Ronn Motor Group have an API?

No public API is recorded for Ronn Motor Group.

What industry is Ronn Motor Group in?

Ronn Motor Group's product category is Hydrogen Fuel Cell Electric Vehicles. Its primary akta.pro industry code is IMACACAJ, Hydrogen Fuel Cell Electric Vehicle (FCEV) Manufacturing, with a secondary code of IMACABAK, Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells). Its NAICS code is 3361 and its SIC code is 3711.

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Live signals
PR NewswireRONN, INC. BEGINS FORMAL DISCUSSIONS WITH A NAIROBI GROUP FOR A HYDROGEN ELECTRIC DELIVERY TRUCK PILOT PROGRAM AND POTENTIAL HYDROGEN HUB IN SUPPORT OF THE NEW AFRICA HYDROGEN ALLIANCERONN Motor Group announced it has entered formal discussions with a Nairobi, Kenya-based group led by Pauline Muthigani to explore deploying hydrogen-electric class 3-6 logistic trucks through a pilot program in Nairobi, with potential to expand throughout Africa and establish a hydrogen hub. The company aims to begin deployment as early as Q1 2024 and is negotiating land, tax, and regulatory concessions with the Kenyan government. Phase two would involve creating a hydrogen hub for mobile and stationary applications, leveraging relationships with Bayo-Tech, as part of the new Africa Hydrogen Alliance.PR NewswireRONN MOTOR GROUP SELECTS COMMERTECH AS THE EXCLUSIVE GLOBAL SOFTWARE DEVELOPMENT COMPANY FOR IN-VEHICLE TECHNOLOGY, TELEMATICS AND INFRASTRUCTURERONN Motor Group announced it has selected commerTECH as its exclusive global software development partner for in-vehicle technology, telematics, and infrastructure supporting its Hydrogen Fuel Cell Electric logistic medium-duty trucks. The partnership will cover vehicle communications, product information, catalog, warranty systems, and telematics for trucks capable of traveling 300-500+ miles on hydrogen fuel. RONN Motor Group cited commerTECH's more than two decades of automotive industry experience as the basis for the selection.PR NewswireRONN Motor Group Announces the addition of Corporate Global Strategist & Executive Vice President- Sheila Stewart, and Sonic Seven Communications, a Global PR & Marketing FirmRONN Motor Group announced the appointment of Sheila R. Stewart as Chief Global Corporate Strategist and the engagement of Sonic Seven Communications, a global marketing and public relations firm, to support the company's global hydrogen fuel cell vehicle expansion initiative. The company, which recently completed a reverse triangular merger and is listed on the OTC markets, is working toward completing its 2022 year-end audits to qualify for an OTCQB uplist and eventual Nasdaq application. RONN Motor Group is developing zero-emission middle-mile trucks and SUVs while partnering with a hydrogen fueling company to build distribution infrastructure.PR NewswireRONN MOTOR GROUP HAS FINALIZED THE FEASIBILITY AND ENGINEERING OF NEW HYDROGEN FUEL CELL ELECTRIC CLASS 3-6 COMMERCIAL DELIVERY PLATFORM DESIGNRONN Motor Group has announced the establishment of a dedicated logistics division to launch Class 3 through Class 6 Hydrogen Fuel Cell Electric Vehicles for urban delivery applications globally, with prototypes expected in Q4 2023 and vehicle showcases to US fleets planned for Q2 2024. The vehicles will offer ranges exceeding 300 miles on a single hydrogen fueling with an optional 500+ mile range configuration, targeting the growing zero-emissions logistics market. The company highlights advantages over battery electric vehicles including extended range, improved payloads, minimal refueling downtime, and consistent performance in cold weather conditions.GlobeNewswireRONN MOTOR GROUP, INC. ANNOUNCES TODAY ITS FIRST HYDROGEN FUEL CELL SUV, NAMED “MYST”, ANTICIPATED FOR LIMITED RELEASE IN CALIFORNIA AND CHINA MARKETS IN 2022.RONN Motor Group announced its first hydrogen fuel cell SUV, the Myst, with a 2022 limited release in California and China. The vehicle is built on a new multi-platform chassis and uses proprietary fuel cell technology. The company also plans a fuel cell logistic truck in late 2021.PR NewswireRONN Motor Group, Inc. Executes Its First Significant Economic Development Partnership With Chinese Economic Development Officials To Support The New China Hydrogen Initiative To Advance Sustainable HRONN Motor Group, Inc. has executed its first co-development partnership with a major Chinese provincial Economic and Technological Development Zone under China's new hydrogen initiative to advance sustainable hydrogen technologies, infrastructure, and fuel cell vehicles. Under the substantial subsidy agreement, government commitments could reach beyond one billion USD over time, with the partnership providing capital, factories, land, and purchase orders. The company's first-phase growth strategy over the next two years includes setting up an automotive R&D center, introducing a lightweight fuel cell bus, and the second-generation FCEV platform 'Phoenix,' with discussions ongoing with Chinese OEMs as potential operational partners.PR NewswireRONN Motor Group, Inc. Announces Today It Is In Development Of A New Nano-Carbon Fiber All-Electric Hydrogen Fuel Cell/Battery Enhanced Commercial Bus Under China JV Agreement For ChinaRONN Motor Group, Inc. announced a joint venture agreement to produce a lightweight nano hydrogen fuel cell bus with battery enhancements for Asian markets and export, with the buses expected to be 30 percent lighter using new nano-composite and fuel cell technologies. The company is in talks with provincial governments in China to co-develop sustainable hydrogen technologies and infrastructure as China transitions from battery technology to new energy vehicles. China's automotive market is the world's largest, with government mandates to remove fossil fuel vehicles beginning in 2019 and hydrogen designated as the future energy for new energy vehicles.PR NewswireRONN Motor Group, Inc. Announced Today That It Has Executed A Three-Way Joint Venture In The People's Republic Of China To Codevelop Zero-Emission, All-Electric, Hydrogen Fuel-Cell/Battery VehiclesRONN Motor Group, Inc. executed a three-way joint venture agreement in China with $100 million registered capital, retaining 51% controlling interest while its two partners hold the remaining 30% and 19%. RONN will contribute hydrogen fuel-cell/battery technology, patents, and nano-composite expertise, while the partners provide over three million square feet of manufacturing space across two factories with capacity for up to 300,000 vehicles annually. The initial focus will be on lightweight nano-composite commercial vehicles like buses, with plans to expand into mid-level to luxury passenger vehicles including a hydrogen fuel-cell sports car called Phoenix, supported by $24 million in cash payments tied to manufacturing milestones.PR NewswireRONN Motor Group, Inc. Announces Today That It Has Signed Two JV Strategic Partnerships In The People's Republic Of China, To Develop Zero-Emission Hydrogen Fuel-Cell Vehicles And Hydrogen InfrastructRONN Motor Group, Inc. announced on January 17, 2019 the signing of two JV Strategic Partnerships on November 1, 2018, forming a 3-way Joint Venture to co-develop hydrogen fuel-cell and battery electric vehicles, trucks, and buses. The company will retain 51% ownership of the new energy vehicle joint venture at $5.00 per share. China, home to the world's largest automotive market, has announced government mandates to remove fossil fuel vehicles starting in 2019 and is transitioning from battery technology to hydrogen-powered New Energy Vehicles, with fuel-cell commercial vehicles expected to reach maturity between 2020-2025.PR NewswireRONN Motor Group, Inc. Announces Engagement Of A Top 10 Accounting And Audit Firm In Preparation Of A 2019 NASDAQ ListingRONN Motor Group, Inc. announced engagement of CBIZ/Mayer Hoffman McCann P.C. as its independent auditor, effective November 1, 2018, in preparation for an expected NASDAQ senior exchange listing in Q2 2019. The company stated that financial statements through 2018 are expected to be complete by end of January 2019, paving the way for an S-1 filing. RONN Motor Group, which develops all-electric and hydrogen fuel-cell zero-emission vehicles, indicated plans to become a multinational company with expected joint ventures in China, the world's largest automotive market.