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Hyliion Holdings Corp. (NYSE: HYLN) will host a conference call and webcast on November 9, 2023, to discuss its financial results, business, and outlook. The company plans to report its 2023 third quarter financial results on November 8, 2023.
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AUSTIN, Texas--(BUSINESS WIRE)--
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced it will host a conference call and accompanying webcast at 1:00 p.m. ET / 12:00 p.m. CT on Thursday, November 9, 2023, to discuss its financial results, the Company's business, and outlook. Hyliion plans to report its 2023 third quarter financial results after the market close on Wednesday, November 8, 2023.
Hyliion’s Third Quarter 2023 Results Conference Call
An archived webcast of the conference call will be accessible on the Investor Relations section of the Hyliion website.
About Hyliion
Hyliion is committed to reducing emissions in commercial vehicles. The company’s primary focus is providing electrified solutions that offer fleet operators an opportunity to decrease fuel and operational costs, while integrating into existing operations. Headquartered in Austin, Texas, Hyliion designs and develops electrified powertrain solutions suitable for a wide range of Class 8 semi-trucks. Beyond powertrains, Hyliion is developing the KARNO system: a fuel-agnostic, additive manufacturing-enabled generator designed for both heavy-duty transport and stationary power generation, promising heightened efficiency and decreased emissions. The company aims to offer innovative, yet practical solutions to contribute positively to the environment in the commercial transport sector. For more information, visit www.hyliion.com.
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
