Hybrid revenue light as Hyliion builds orderbook for Hypertruck ERX

Green Peterbilt truck that Hyliion uses for the Hypertruck ERX system

Hyliion Holdings is bringing in scant revenue from its hybrid electric booster for Class 8 trucks. But the orderbook is expanding for its Hypertruck ERX natural gas-electric powertrain.

The Austin, Texas-based startup reported second-quarter revenue of $200,000. The quarterly loss widened to $33.5 million, or negative 19 cents a share, compared to $23.2 million, or negative 13 cents, in the same quarter a year ago. Q2 operating expenses were $32.2 million.

Hyliion (NYSE: HYLN) reiterated its...

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