HYLN - Hyliion Holdings Cummins to collaborate on natural gas engine optimization
Hyliion Holdings (NYSE:HYLN) and Cummins (NYSE:CMI) reports on Tuesday that the two companies are joining forces to optimize the Cummins natural gas engine as the generator for the Hypertruck ERX powertrain. The Hyliion Hypertruck ERX is an electric range extender semi-truck powertrain solution using onboard power generation to recharge the batteries. Together the companies plan to obtain key environmental certifications for Cummins’ natural gas internal combustion engines to be used in Hyliion’s Hypertruck ERX powertrain. The production for the Hypertruck ERX with the ISX12N Cummins natural gas power is anticipated to begin in late 2023. Shares of HYLN are up 4.12% premarket.
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Hyliion Holdings, Cummins to collaborate on natural gas engine optimization