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Hyliion Holdings to Host Inaugural In-Person Investor Day on June 27, 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 formally invited investors to its inaugural in-person Investor Day in Austin, Texas. The event will run from 11 a.m. ET/10 a.m. CT to 4 p.m. ET/3 p.m. CT on Tuesday, June 27.
The in-person event will consist of various experiences at Hyliion’s corporate headquarters, including a production facility tour, ride and drives in Hypertruck ERX™ and KARNO™ demo vehicles, a look at KARNO™ stationary power opportunities and more. The event will also feature presentations from Hyliion’s management team, KARNO’s chief engineer, and additional guest speakers. These presentations will be publicly available via a live webcast.
An archived webcast of the event will be accessible on the Investor Relations section of Hyliion’s website after the event concludes.
About Hyliion Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of Class 8 commercial trucks by being a leading provider of electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, Hyliion offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. Headquartered in Austin, Texas, Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. 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
