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Hyliion Holdings Corporation - HYLN STOCK NEWS

Welcome to our dedicated news page for Hyliion Holdings Corporation (Ticker: HYLN), a resource for investors and traders seeking the latest updates and insights on Hyliion Holdings Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hyliion Holdings Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hyliion Holdings Corporation's position in the market.

News
Hyliion and BayoTech Partner to Provide Sustainable Power with Hydrogen Hubs and the KARNO™ Generator
Rhea-AI Summary
Hyliion and BayoTech have partnered to provide sustainable power solutions with hydrogen hubs and the KARNO™ generator. The partnership aims to offer comprehensive power solutions leveraging the expertise of both companies to advance sustainable power generation using hydrogen. Hyliion's KARNO generator, capable of operating on multiple fuel types including hydrogen, coupled with BayoTech's hydrogen production hubs and transport solutions, will enhance product offerings for customers, promoting the shift towards more sustainable power solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
partnership
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News
Hyliion Holdings Schedules First Quarter Financial Results Conference Call and Webcast for May 1, 2024
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) has scheduled a conference call and webcast on May 1, 2024, to discuss its 2024 first-quarter financial results, business, and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
earnings
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News
Hyliion Hosts a KARNOTM Technology Showcase Event at its New Cincinnati, Ohio, Facility
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) will host a KARNO Technology Showcase event at its Cincinnati, Ohio facility to present its fuel-agnostic generator technology, offering up to 50% fuel efficiency and lower emissions. The event will feature presentations on additive manufacturing, live demonstrations, and highlight the company's commitment to innovation and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.41%
Tags
none
News
Hyliion Regains Compliance with NYSE Continued Listing Standards
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) has regained compliance with NYSE listing criteria, ensuring continued trading on the exchange after resolving the minimum price deficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.91%
Tags
none
-
News
Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Hyliion Holdings Corp. reported its fourth-quarter and full-year 2023 financial results, highlighting the KARNO generator's tax credit eligibility and successful testing on unprocessed gas. The company ended the year with $291 million in cash and investments, with a $20 million Stock Repurchase Program announced. Hyliion is on track to deliver initial KARNO generator units to customers in late 2024, with Govindaraj Ramasamy appointed as Chief Commercial Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.03%
Tags
earnings
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News
Hyliion Names a Power Generation Industry Veteran Govi Ramasamy as Chief Commercial Officer
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) appoints Govindaraj Ramasamy as Chief Commercial Officer to lead commercial growth and performance. Ramasamy's 17-year career at Cummins brings expertise in power generation, revenue growth, and energy transition. His global perspective and commitment to innovation align with Hyliion's goals, driving growth in the power generation market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
none
News
Hyliion Holdings Schedules Fourth-Quarter and Full-Year 2023 Financial Results Conference Call and Webcast for February 14, 2024
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) will host a conference call to discuss its 2023 fourth-quarter and full-year financial results, business, and outlook on February 14, 2024. The call will be followed by a webcast and an archived version will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
Hyliion Begins Printing Production-Intent Design Components of the KARNO™ Generator
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) has announced the commencement of printing parts for the production-intent design of the KARNO generator (BETA), leveraging additive manufacturing for the production of its components. The company aims to confirm superior efficiency levels, ultra-low emissions, and long runtime between maintenance for the initial 200 kW BETA units. Hyliion will be completing testing and verification of the BETA generator throughout 2024 to prepare for initial deployments to early adopters of the technology later this year. The company's Founder and CEO, Thomas Healy, will be a featured speaker at the POWERGEN International Conference in New Orleans, LA, discussing 'Modern Electrification Needs and the Rise of Distributed Power Generation.'
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
Tags
none
-
News
Hyliion to Participate in POWERGEN International Conference
Rhea-AI Summary
Hyliion Holdings Corp. (HYLN) CEO Thomas Healy will be attending the POWERGEN International Conference in New Orleans on January 24, 2024, to discuss modern electrification needs and distributed power generation. The presentation will be webcast live and archived on the company's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.2%
Tags
conferences
News
Hyliion Holdings Announces $20 Million Stock Repurchase Program
Rhea-AI Summary
Hyliion Holdings Corp. (NYSE: HYLN) has announced a stock repurchase program of up to $20 million, reflecting confidence in the potential of KARNO's generator technology. The company reported $324 million of cash and investments at the end of September 2023, with a projected year-end balance of approximately $285 million after winding down powertrain operations. Hyliion expects to begin initial paid deployments of the KARNO generator in late 2024, with projected cash spending of approximately $40 million for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.83%
Tags
buyback
Stock HYLN logo
Hyliion Holdings Corporation

NYSE:HYLN

HYLN Rankings

#3672 Ranked by Market Cap
#5317 Ranked by Stock Gains
N/A Ranked by Dividends

HYLN Stock Data

249.01M
124.18M
32.87%
20.9%
5.11%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States
Cedar Park

About HYLN

for the long-haul trucking market which faces large diesel costs, hyliion is developing an add-on hybrid system for semi trailers that will reduce their total fuel consumption by over 30%, giving an roi of less than one year. in addition, it will improve the driver’s quality of life as well as reduce harmful greenhouse gas emissions. the biggest pain point in the trucking industry is fuel consumption, with nearly 40% of operating costs going toward fuel alone. hyliion’s smart suspension system uses regenerative braking to capture power when the vehicle is slowing down or going down hill and reuses it to accelerate. with the smart suspension system we are adding power and technology to the trailer, which is traditionally a passive system. this allows us to tackle multiple other issues in the trucking industry with the same great product. we can give power the truck while it is parked in a rest area so that the driver can turn his diesel motor off, save over 13% in fuel, and finally