11 Best Hydrogen Stocks to Invest in Now

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7. Hyster-Yale, Inc. (NYSE:HY)

Number of Hedge Fund Holders: 24

Hyster-Yale, Inc. (NYSE:HY) announced on March 4, 2025, that its J230-400XD high-capacity electric forklift series can now handle loads ranging from 23,000 to 40,000 pounds and includes integrated lithium-ion power. The zero-emission vehicles, which can be configured up to 280kW with a 350-volt design, provide ICE-like performance and are CCS charging compatible for heavy-duty industries.

The J230-400XD series provides extended run periods without the expense of higher-voltage systems by offering a variety of battery sizes to match duty cycles. It can add around an hour of work from an 11-minute charge at 90 kW and supports load centers of 24, 36, and 48 inches. Standard features include regenerative braking to prolong charge intervals, ingress protection for adverse circumstances, and a battery management system to monitor health. The design has ergonomic cabins and visibility comparable to diesel versions.

Hyster-Yale, Inc. (NYSE:HY) is a multinational firm that focuses on cost-effectiveness, durability, and productivity. Its 130 lift truck models range in weight from 2,000 to 105,000 pounds. It is one of the Best Hydrogen Stocks.

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