Welcome to our dedicated page for Hyliion Holdings news (Ticker: HYLN), a resource for investors and traders seeking the latest updates and insights on Hyliion Holdings stock.
Hyliion Holdings Corp. reports developments tied to modular power plant technology and the KARNO™ Power Module, a fuel-flexible generator platform designed for distributed electricity production. Company news commonly covers KARNO reactor and core testing, dynamic fuel switching, diesel and gaseous fuel operation, power-generation validation, and applications in stationary power, defense, commercial, waste management, data center, vehicle, and marine settings.
Recurring updates also include quarterly and annual financial results, business outlook commentary, customer and military testing programs, intellectual property related to the KARNO architecture, and investor conference participation. The company frames its technology around locally deployable power generation, fuel flexibility, low-emission operation, and resilient on-demand electricity.
Hyliion Holdings Corp (NYSE: HYLN) announced a conference call on February 24, 2022, at 11:00 a.m. EST to discuss its financial results and business outlook. The call will be accessible online, and an archived webcast will be available in the Investor Relations section of Hyliion's website. The company focuses on reducing greenhouse gas emissions in Class 8 trucks through electrified powertrain solutions, leveraging advanced software and analytics.
Hyliion Holdings Corp. (NYSE: HYLN) has appointed Jeffrey A. (Jay) Craig to its board of directors. Craig, a former CEO of Meritor, brings extensive experience in product development and commercialization, particularly in electrified powertrains for commercial vehicles. His leadership at Meritor included overseeing the advancement of products now utilized in Hyliion's Hypertruck ERX™. This strategic addition is expected to enhance Hyliion's trajectory in electrification, aligning with its mission to reduce carbon emissions in Class 8 trucks.
Hyliion Holdings Corp. (NYSE: HYLN) reported its Q3 2021 results, highlighting significant developments in its electrified powertrain solutions. The company secured a 40-unit reservation from Mone Transport and initiated fleet trials of the Hypertruck ERX. Despite supply chain challenges affecting commercialization timelines, revenue recognition for the Hybrid eX powertrain is expected in Q4 2021. Hyliion ended the quarter with over $588 million in available funds, having reduced its operating expense guidance for 2021 to $110-$120 million. A conference call is scheduled for November 10.
Hyliion Holdings Corp (NYSE: HYLN) has launched its nationwide Hypertruck ERX Marketing Roadshow, starting at Wegmans Food Markets in Rochester, NY, on November 10-11, 2021. This initiative showcases the Hypertruck ERX, a next-gen electric powertrain powered by an onboard natural gas generator, facilitating long-range hauling and rapid refueling. The roadshow aims to gather feedback from industry leaders to enhance product development, contributing to fleets' decarbonization goals and reducing total ownership costs.
Hyliion Holdings Corp (NYSE: HYLN) announced its participation in several institutional investor conferences in the fourth quarter of 2021. Key dates include the Gabelli 45th Annual Auto Symposium on November 1, NYSE Investor Access Day on November 16, Barclays Global Automotive Mobility and Technology Conference on November 18, and Capital One Securities 16th Annual Energy Conference on December 6. A live webcast for the Barclays Conference will be available on Hyliion’s Investor Relations website, while the other events will not be webcast.
Hyliion Holdings Corp. (NYSE: HYLN) announces the appointment of Shiva Duraiswamy as Vice President of Engineering. With nearly 20 years of experience from Wabtec Corporation and GE Transportation, he will lead engineering commercialization and the development of innovative powertrain solutions for the commercial transportation sector. Hyliion aims to reduce the carbon intensity of Class 8 trucks through electrified powertrain solutions. CEO Thomas Healy emphasized Duraiswamy's expertise as a key asset for the company's growth and product differentiation.
Hyliion Holdings Corp (NYSE: HYLN) has announced a conference call scheduled for November 10, 2021, at 11:00 a.m. ET to discuss its third quarter 2021 financial results. The results will be reported after market close on November 9, 2021. Hyliion focuses on providing electrified powertrain solutions for Class 8 semi-trucks to reduce carbon emissions and operating costs. This call highlights the company's ongoing commitment to innovation in the commercial transportation sector.
Hyliion Holdings Corp (NYSE: HYLN) is set to unveil its improved Hybrid eX model at the ACT Expo in Long Beach, California, on August 31. This upgraded hybrid powertrain aims to increase efficiency and payload, enhance the driver experience, and simplify installation and service. Key features include a lighter design, new e-axle, over-the-air updates, and advanced cybersecurity. Revenue recognition on Hybrid eX units is anticipated post-launch, with initial shipments later this year to returning and new customers, such as Werner Enterprises.
Hyliion Holdings Corp. (NYSE: HYLN) has appointed Mary Gustanski, former Senior Vice President and Chief Technology Officer of Delphi Technologies, to its board of directors. Gustanski brings nearly 40 years of automotive experience with a focus on electrification and innovative solutions. Her expertise is expected to enhance Hyliion's commercialization efforts and operational strategies, particularly at a pivotal time in the company's growth. CEO Thomas Healy expressed confidence in Gustanski's ability to guide upcoming milestones for stakeholders and commercial fleets globally.
Hyliion Holdings Corp (NYSE: HYLN) has announced the appointment of Elaine Chao, former U.S. Secretary of Transportation and Secretary of Labor, to its board of directors. With extensive experience in transportation innovation and corporate governance, her insights are expected to bolster Hyliion's efforts in electrified powertrain solutions for Class 8 trucks. CEO Thomas Healy emphasized that her leadership will enhance the company's push towards commercialization and the vision of a net-carbon-negative trucking industry.