Hypertruck ERX

Hyliion slows cash burn and reports first, albeit small, revenue

Hyliion Holdings reported the first revenue in its young public life and said it took 100 orders for its extended-range Hypertruck ERX that runs on natural gas and electricity. It took another 325 nonbinding reservations.

The $200,000 in revenue was about a fifth of what analysts expected. Shortages due to the ongoing supply chain crisis pushed some deliveries of Hyliion’s first product, the electric power-boosting Hybrid eX, into the current quarter.

The Cedar Park, Texas-based startup said the...

https://www.freightwaves.com/news/hyliion-slows-cash-burn-and-reports-first-albeit-small-revenue

¿Logrará el enfoque de Hyliion sobre los camiones eléctricos pasar la bandera a cuadros?

CEDAR PARK, Texas – Dos contenedores de ferrocarril pintados de negro a los que se les ha quitado un lado para crear pequeñas salas de reuniones son algo más que elementos de diseño en la sede de Hyliion Holdings, de 120.000 pies cuadrados.

Son recordatorios tácitos del objetivo de la empresa de camiones eléctricos híbridos de liderar el desarrollo de trenes de potencia eléctricos para el transporte de mercancías con cero emisiones.

Los retrasos en la consecución de los hitos debido a la crisis...

https://www.freightwaves.com/news/lograra-el-enfoque-de-hyliion-sobre-los-camiones-electricos-pasar-la-bandera-a-cuadros

Will Hyliion’s approach to electric trucks make it past the checkered flag?

CEDAR PARK, Texas — Two black-painted rail containers with one side removed to create small meeting rooms are more than design elements in Hyliion Holdings’ 120,000-square-foot headquarters.

They are unspoken reminders of the hybrid electric truck startup’s goal of eventually leading in electric powertrain development for the zero-emissions freight movement.

Delays in hitting milestones because of the supply chain crisis are not deterring 29-year-old founder and CEO Thomas Healy, who has stepped...

https://www.freightwaves.com/news/will-hyliions-approach-to-electric-trucks-make-it-past-the-checkered-flag

Hyliion delays Hypertruck ERX hybrid program, blames supply chain crisis

Startup hybrid powertrain developer Hyliion Holdings is delaying its Class 8 natural gas/electric Hypertruck ERX for a year, and a new natural gas engine from Cummins Inc. raises doubts for the future of Hyliion’s current product, a power-boosting hybrid add-on.

Both developments — impacted by the supply chain crisis — led to a double-digit intraday decline in Hyliion’s share price as analysts questioned founder and CEO Thomas Healy about countermeasures.

While his comments during a Q3 earnings...

https://www.freightwaves.com/news/hyliion-delays-hypertruck-erx-hybrid-program-blames-supply-chain-crisis

Hyliion plans bigger battery to stay relevant in electric truck race

At risk of ceding ground in the race to battery-electric trucks, Hyliion Holdings will launch its natural gas generator-powered hybrid powertrain with 75 miles of electric range, enough to qualify the Hypertruck ERX for zero-emission credits in California.

“We saw it as a way that we can be relevant in the push that the government is having towards zero-emission vehicles,” CEO Thomas Healy told FreightWaves in an interview on Wednesday. “We can participate in that but still offer all the same...

https://www.freightwaves.com/news/hyliion-plans-bigger-battery-to-stay-relevant-in-electric-truck-race

Truck Talk: Crystal ball gazing edition

Welcome back to Truck Talk.This week, we’re looking at the future for PACCAR; Hyliion’s long-range hybrid play; the mandate for the new CEO at Workhorse Group; and whether Lordstown Motors’ financial lifeline is enough to endure.

Was this forwarded to you? Subscribe here to get Truck Talk via email on Fridays.

The future of revenue

PACCAR Inc. is pretty much a head-down, all-business operation. Not given to hyperbole, but CEO Preston Feight takes the full hour-plus on quarterly earnings calls to...

https://www.freightwaves.com/news/truck-talk-crystal-ball-gazing-edition

What does negative net zero carbon mean?

Negative net-zero carbon. The phrase sounds redundant or oxymoronic. But it is a real thing. You can have less than net-zero carbon emissions if you capture and use emissions that otherwise would be released as greenhouse gas into the atmosphere.

Traditional natural gas moved through pipelines comes from deep underground wells. It is often part of making petroleum.Therefore, even though natural gas burns cleaner and produces fewer emissions than oil, it is a fossil fuel.

Renewable natural gas...

https://s29755.pcdn.co/news/what-does-negative-net-zero-carbon-mean

Hyliion gathers fleets to test natural gas-electric hybrid truck

The sell-off of electric vehicle startup stocks has been as brutal as their frothy days of only a few months ago.

Hyliion Holdings is one of the hardest-hit young companies. But it is pushing ahead with its plans for a natural gas-electric hybrid truck capable of emitting less than net-zero carbon. Its share price has fallen from nearly $55 just before it went public in October to close Wednesday at $10.86.

On Wednesday, Hyliion said it has created a Hypertruck Innovation Council of fleets,...

https://s29755.pcdn.co/news/hyliion-gathers-fleets-to-test-natural-gas-electric-hybrid-truck

Hyliion picks Peterbilt as test chassis for Hypertruck ERX

Hyliion Inc. initially will use Peterbilt chassis to test its Hypertruck ERX hybrid electric system. Natural gas is still the preferred fuel for the electric generator. But using hydrogen fuel cells will be an option when the technology and fuel are available.

The operating business of Hyliion Holdings (NYSE: HYLN) said in it Q4 earnings report that it met its goal of installing first-generation hybrid systems on 20 trucks last year. That included seven in the fourth quarter.

“We are delivering...

https://s29755.pcdn.co/news/hyliion-picks-peterbilt-as-test-chassis-for-hypertruck-erx

Hyliion decides against booking revenue from early trucks

Startup electric driveline maker Hyliion Holdings Corp. (NYSE: HYLN) reported a $9.1 million third-quarter loss in its first earnings report as a public company. It decided against booking $1 million in revenue from the first 20 trucks equipped with its hybrid electric system.

Remaining a pre-revenue company is not a big deal for Hyliion. Wall Street has no expectations for it to sell much or report significant profits until 2023. A more meaningful way to judge the Austin, Texas-based company is...

https://www.freightwaves.com/news/hyliion-decides-against-booking-revenue-from-early-trucks

+ More