Cummins Inc., whose size and resources threatened the survival of hybrid powertrain maker Hyliion Holdings, will partner with the startup to certify its 12-liter natural gas engine for the Hypertruck ERX, the companies said Tuesday.
The collaboration is a big deal for Hyliion, which went public via SPAC in October 2020. Its stock price topped $55 a share before the business combination with sponsor Tortoise Acquisition Corp. Like most transportation SPACs, it’s share price is under pressure. But...
https://www.freightwaves.com/news/cummins-working-with-hyliion-on-certifying-natural-gas-engine