Hyliion spikes powertrain business to prioritize Karno generator

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Hyliion Holdings is giving up on making hybrid electric powertrains and will focus on developing a...

https://www.freightwaves.com/news/hyliion-spikes-powertrain-business-to-prioritize-karno-generator

Will stationary power generators save Hyliion?

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It’s too soon to know whether Hyliion Holdings will be able to make a commercial success of its...

https://www.freightwaves.com/news/will-stationary-power-generators-save-hyliion

Hyliion may drop Hypertruck ERX as strategic review begins

Hyliion Holdings is pausing orders of its Hypertruck ERX heavy-duty natural gas-electric powertrain as part of a strategic review.

“Hyliion, like others, has experienced slower-than-anticipated market adoption as fleets undertake a gradual transition to electric trucks,” the company said in a statement Tuesday ahead of a conference call scheduled for Wednesday.

The company’s stock (NYSE: HYLN) shares fell to 65 cents, down 45.3% in early trading Wednesday. During the height of the special...

https://www.freightwaves.com/news/hyliion-may-drop-hypertruck-erx-as-strategic-review-begins

Hyliion posts scant Q2 revenue but retains cash cushion

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Startup powertrain developer Hyliion Holdings has sufficient cash to run its business through 2024...

https://www.freightwaves.com/news/hyliion-posts-scant-q2-revenue-but-retains-cash-cushion

Hyliion and Hyzon Motors will collaborate on fuel cell truck

The first version of Hyliion’s hybrid-electric truck is still about a year from production. But the third version of the Hypertruck ERX will be a hydrogen-powered fuel cell developed with Hyzon Motors, the companies said Wednesday.

The two startups expect to integrate a Hyliion electric powertrain system with a Hyzon fuel cell by late this year. Production would follow when sufficient hydrogen fueling infrastructure is available, Hyliion founder and CEO Thomas Healy said Wednesday.

“Initial...

https://www.freightwaves.com/news/hyliion-and-hyzon-motors-will-collaborate-on-fuel-cell-truck

Truck Tech: Summer ACTs edition

Truck Tech logo on blue background

Playing with Lego bricks to illustrate supply chain disruptions, how the passenger vehicle market mirrors the trucking industry, and Hyliion’s Hypertruck free rides — those and other musings from the ACT Research Seminar 67 this week in Columbus, Indiana.

Explain it to me like I’m a 4-year-old

When you see some of the full-size creations from Lego bricks, you know they are not just for children. Check the recommended ages on some of the boxes if you want evidence.

Those plastic bricks helped Paul...

https://www.freightwaves.com/news/truck-tech-summer-acts-edition

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...

https://www.freightwaves.com/news/hybrid-revenue-light-as-hyliion-builds-orderbook-for-hypertruck-erx

Truck Tech: Startup strategies edition

Truck Tech logo on blue background

The ongoing shake-up at TuSimple suggests a co-founder’s impatience. Hyliion Holdings is already benefiting from support by an outsized rival. Plus, a war of press releases over reducing emissions and a plea for autonomous truck testing in California.

TuSimple intrigue

The shake-up at TuSimple that began in March has developed into a full-on house cleaning. Most notable is the departure of Pat Dillion. His Wall Street background brought investor relations credibility to the autonomous trucking...

https://www.freightwaves.com/news/truck-tech-startup-strategies-edition

Cummins trabaja con Hyliion en la certificación de un motor de gas natural 

Side view of green Hyliion Hypertruck ERX

Cummins Inc, cuyo tamaño y recursos amenazaban la supervivencia del fabricante de trenes motrices híbridos Hyliion Holdings, se asociará con la startup para certificar su motor de gas natural de 12 litros para el Hypertruck ERX, dijeron las compañías el martes. 

La colaboración es un gran negocio para Hyliion, que salió a bolsa a través de SPAC en octubre de 2020. El precio de sus acciones superó los 55 dólares por acción antes de la combinación de negocios con el patrocinador Tortoise...

https://www.freightwaves.com/news/cummins-trabaja-con-hyliion-en-la-certificacion-de-un-motor-de-gas-natural

Cummins working with Hyliion on certifying natural gas engine

Side view of green Hyliion Hypertruck ERX

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