HYLN News and Press, Hyliion Holdings Corp. Class A From 10/04/22

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Hyliion Holdings Corp . (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced the September 26th closing of its previously announced deal to acquire a new hydrogen and fuel agnostic capable generator, KARNO!...

Summary The electrification of transport has become a critical policy objective of many state and national governments looking to reduce carbon emissions. Private logistics companies are also on board with decarbonization as part of their ESG commitments. Hyliion slots into th...

“Virtual Ride and Drive” to Showcase Company’s Hypertruck ERX Powertrain Solution Hyliion Holdings Corp . (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, will host a Virtual Ride and Drive...

Hyliion Holdings ( NYSE: HYLN ) has announced that Jon Panzer has joined the company as CFO. Prior to joining Hyliion, Panzer spent 26 years at Union Pacific Railroad Company, where he was most recently Senior Vice President of Intermodal Operations. For further deta...

Hyliion Holdings Corp . (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial semi-trucks, has announced that Jon Panzer has joined the company as Chief Financial Officer. Panzer brings extensive expertise in leading financial ac...

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion,”) a leader in electrified powertrain solutions for Class 8 semi-trucks, will be hosting a Virtual Ride and Drive at 11:00 a.m. ET / 10:00 a.m. CT on Tuesday, September 13, 2022. The all-virtual event will feature a tou...

Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...

Hyliion ( NYSE: HYLN ) +7.1% pre-market on Thursday after agreeing to acquire the new Karno hydrogen and fuel agnostic capable generator from General Electric ( NYSE: GE ) for $15M in cash and ~$22M in Hyliion common shares. Hyliion ( HYLN ) expects Karno...

Generator to be integrated into Hyliion’s Hypertruck powertrain platform to offer a next generation fuel agnostic semi-truck solution KARNO generator is expected to be 20%+ more efficient than today’s leading generators; achieved by 3D printing of thermal components ...