Welcome to our dedicated page for Hyliion Holdings Corporation news (Ticker: HYLN), a resource for investors and traders seeking the latest updates and insights on Hyliion Holdings Corporation stock.
Hyliion Holdings Corp. (HYLN) delivers innovative electrified powertrain solutions for commercial vehicles, focusing on reducing emissions through hybrid and fully electric technologies. This news hub provides investors with essential updates on corporate developments, financial performance, and technological advancements in sustainable transportation.
Access official press releases, earnings reports, and partnership announcements in one centralized location. Our curated collection includes updates on product launches, regulatory milestones, and strategic initiatives shaping the future of clean freight transportation.
Key content categories cover financial disclosures, technology patents, fleet deployment progress, and industry collaborations. Stay informed about HYLN's advancements in hybrid systems, energy management software, and infrastructure development for commercial vehicle electrification.
Bookmark this page for real-time updates on Hyliion's progress in transforming commercial transportation through sustainable solutions. Check regularly for verified information directly from corporate sources and authorized news partners.
Hyliion Holdings Corp (NYSE: HYLN) is expanding its Austin headquarters to meet growing demand for its electrified powertrain solutions. The multi-million-dollar project will increase facility capacity by 50%, comprising three stages: more office space, a reconfigured installation warehouse, and a new R&D testing area. Construction will add 20,000 square feet of office space, accommodate up to 500 employees, and triple the area for battery technology development. Completion is anticipated next year, supporting the rollout of new products like the Hybrid unit and Hypertruck ERX.
Hyliion Holdings Corp (NYSE: HYLN) has announced favorable results from a loan program featuring their Hybrid CNG solution in collaboration with NW Natural. The program involved a Freightliner Cascadia truck loaned to three Oregon fleet operators: Baker Rock Resources, Tillamook County Creamery Association, and CalPortland, who experienced significant improvements in power, sustainability, and cost savings during a three-week trial. Each fleet operator reported that the technology successfully met their performance needs while contributing to lower carbon emissions.
Hyliion Holdings Corp (NYSE: HYLN) announced its participation in two upcoming investor conferences. The management team will present at the Wolfe Research Global Transportation and Industrials Conference on May 27 at 1:35pm EDT, and at the Tudor, Pickering, Holt & Co. Hotter ‘n Hell Conference on June 10 at 2:15pm EDT. A live webcast of the Wolfe Conference presentation will be available on their Investor Relations website, while the Tudor presentation will not be webcast. Hyliion focuses on reducing carbon emissions from Class 8 trucks through electrified powertrain solutions.
Hyliion Holdings Corp (NYSE: HYLN) has partnered with Detmar Logistics LLC to begin the electrification of their fleet over the next five years. This collaboration marks Hyliion's entry into the oil and gas industry. Detmar, which operates 127 trucks and transports over 200 loads per day, has ordered 10 Hyliion Hybrid Electric units. The partnership aims to support sustainability in operations while utilizing advanced electrification solutions. This move addresses environmental concerns related to flaring in oil and gas extraction, emphasizing low-carbon alternatives for commercial transportation.
Hyliion Holdings Corp. (NYSE: HYLN) announced significant progress in Q1 2021, focusing on the commercialization of its Hypertruck ERX powertrain solutions. Key highlights include the formation of the Hypertruck Innovation Council and the delivery of Peterbilt chassis for demo units. Hyliion aims to recognize revenue from improved Hybrid products by late 2021. However, the company is also planning to restate its 2020 financials regarding warrants, expected to be a non-cash adjustment. Overall, 2021 is anticipated to be pivotal for Hyliion's growth strategy.
Hyliion Holdings Corp (NYSE: HYLN) has formed the Hypertruck Innovation Council, comprising leaders from the fleet and transportation sectors to support the development of its Hypertruck powertrain solution. The council, representing over 100,000 Class 8 trucks globally, will provide insights for the Hypertruck ERX, aiming to enhance performance, reduce emissions, and lower costs. The initiative reflects Hyliion's commitment to sustainability and collaboration, as noted by industry leaders, including Anheuser-Busch. The Hypertruck ERX utilizes natural gas, promising lower operating costs and net-negative carbon emissions.
Hyliion Holdings Corp. (NYSE: HYLN) reported its Q4 and full-year 2020 results, highlighting significant advancements in electrified powertrain solutions for Class 8 commercial vehicles. The company introduced a next generation battery module with 40% improved cooling and five times longer cycle life. They achieved installation of 7 hybrid electric units in Q4, totaling 20 for the year. Hyliion secured $141 million from public warrants and expanded its executive team. The firm is set to launch a new Hybrid system and Hypertruck ERX in 2021, promising reduced emissions and operational costs in commercial transport.
Hyliion Holdings Corp (NYSE: HYLN) has announced the launch of its next-generation battery module, integrating Toshiba’s LTO cells to enhance battery life, charging rates, and safety. This battery module will be integral to the advancement of Hyliion’s Hybrid system. The new module boasts more than a 40% improvement in cooling, up to five times the cycle life of conventional EV batteries, and can recharge in under 8 minutes. These advancements are expected to bolster Hyliion’s market position in the electrified transportation sector.
Hyliion Holdings Corp. (NYSE: HYLN) will report its Q4 2020 financial results after the market closes on February 23, 2021. A conference call and webcast will follow on February 24, 2021, at 11:00 a.m. ET to discuss the results and the company's outlook. The company focuses on electrified powertrain solutions for Class 8 commercial vehicles, aiming to reduce greenhouse gas emissions in the transportation sector. More details are available on the company's website.
Hyliion Holdings Corp (NYSE: HYLN) announces the appointment of Matthew Loos as senior vice president of marketing. Loos brings over 20 years of experience in marketing and sales leadership, most recently at Terminix, where he managed a team of 45 professionals and drove new product lines resulting in record sales. His expertise includes brand strategy and data-driven marketing initiatives, which are expected to advance Hyliion's commercialization goals. The company's mission is to reduce carbon emissions in Class 8 vehicles through electrified powertrain solutions.
