Business, Technology, Fuel

Hyliion to Make Hypertruck ERX Variant Its First to Market

Hyliion ERX Hypertruck ERX by Hyliion

Electrified powertrain provider Hyliion Holdings Corp. announced that a long-range variant of its Hypertruck ERX system will be the first version of the technology it brings to market.

July 30, 2021
Business, Technology, Equipment, Fuel

Hyliion Set to Join Russell 3000 Index

Hyliion truck John Sommers II for Transport Topics

Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.

June 18, 2021
Business, Technology, Equipment

Hyliion Q1 Results Lack Revenue, but Product Development Accelerates

Hyllion truck Hyliion, which produces electrified powertrains, went public in October via an SPAC transaction. (Hyllion)

Electrified powertrain company Hyliion reported no revenue in the first quarter ended March 31, but mentioned progress with its product development, as it also noted in its first-ever earnings report for the third quarter and again in Q4.

Roger Gilroy | Senior Reporter
May 19, 2021
Business, Technology, Fuel

Hyliion Launches Next-Generation Battery Module for Hybrid Truck

Hyliion battery Business Wire

Hyliion Holdings Corp., a manufacturer of electrified powertrain solutions for Class 8 commercial vehicles, announced the introduction of its next-generation battery module that integrates Toshiba’s LTO cells with Hyliion’s technology advancements.

February 12, 2021
Business, Technology, Equipment, Fuel

Sherri Baker Joins Hyliion as Chief Financial Officer

Hyliion truck A Hyliion heavy-duty truck on display at a past industry show. On Jan. 7, Hyliion reported it received about $142 million in cash proceeds after the exercise of public warrants for about 12.5 million shares, priced at $11.50, of common stock. (Hyliion)

Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.

Roger Gilroy | Senior Reporter
January 12, 2021
Business, Technology

Hyliion Names Jose Oxholm Chief Compliance Officer

Hypertruck ERX Hypertruck ERX by Hyliion

Hyliion Holdings Corp., a supplier of electrified powertrain solutions for Class 8 vehicles, has appointed Jose Oxholm chief compliance officer and general counsel.

November 20, 2020
Business, Technology, Equipment, Fuel

Q and A With Hyliion CEO Thomas Healy: ‘We Were Fortunate on Timing’

Hyliion Founder and CEO Thomas Healy is seen, center, ringing in the NYSE opening bell Oct. 5. In a screenshot from a video, Hyliion CEO Thomas Healy, center, is seen behind the NYSE opening bell Oct. 5. (NYSE via Twitter)

Thomas Healy was secretly arranging a deal to turn his Texas-based truck electrification startup into a publicly traded company when the coronavirus pandemic struck.

Ben Stupples | Bloomberg News
October 5, 2020
Business, Technology, Equipment

Hyliion Goes Public on NYSE

Hyliion truck Hyliion’s products include a hybrid electric axle and a longhaul, fully electric powertrain, the Hypertruck Electric Range Extender (ERX). (Hyliiion)

Hyliion Inc., announced it has completed its business combination with Tortoise Acquisition Corp. That cleared the way for the combined company to be renamed Hyliion Holdings Corp. and its common stock to be listed as HYLN on the New York Stock Exchange.

Roger Gilroy | Senior Reporter
October 2, 2020
Business, Technology, Equipment, Fuel

Hyliion Electrified Powertrain Underscores Larger Transition in Industry

Hyliion truck A Hyliion heavy-duty truck on display at an industry show in 2018. Hyliion calls its longhaul, fully electric powertrain the Hypertruck Electric Range Extender (ERX). (Hyliion)

Hyliion Inc.’s Class 8 long-range electric powertrain underscores the transition period of multiple alternative powertrains is at hand. And the powertrain, whose batteries are charged by an undersized natural gas engine, could prove to be an important step toward carbon-free over-the-road transportation, experts said.

Roger Gilroy | Senior Reporter
June 30, 2020
Business, Technology, Equipment, Fuel

Hyliion Makes Gains With Hybrid Electrification

Hyllion truck A Hyliion truck at the company's 80,000-square-foot plant in Austin, Texas. (Hyliion)

Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.

Roger Gilroy | Senior Reporter
November 13, 2019