It’s kind of like the reverse mergers you see on the OTC market, except that the shell is traded on a major exchange with large investment banks participating. If the merger goes through as planned, Hellion shares will trade under the ticker HYLN. “There is a lot of demand in the industry for a product like this…How can we manage all the production and supply chain so that we can grow at a very fast pace and get our partners alongside us to grow at the same rate?
“I think it’s kind of that ‘aha’ moment where the downsides with natural gas are overcome because of the electric powertrains,” Healy said. He also spent two decades in domestic and international media relations and executive communications with General Motors. There’s a very nice investor deck that’s been put together which highlights the grand plan along with some comparisons of Hyliion to Tesla and Nikola Motors. There are already 20 trucks operating with Hyliion’s electric powertrains, built via ventures with Dana Corp. and Volvo. “We’re doing the system integration and all of the software that goes around it,” he said. “The next phase is we’ve got over 30 fleets that have signed into our pilot program that we’re going to start delivering units to before the end of this year,” he said. From the driver’s seat, you feel nudging from the powered trailer behind. So such operators often use 4x4 tractors, according to Markus Heuser, Germany-based director of global marketing communications for SAF-Holland. Readers might consider shorting SHLL, but that’s not something you should ever consider doing because you’re also speculating, not investing. “I’ve watched him grow the company,” Laskey said. This was on freeways near the company’s base in Pittsburgh, Pa., one of the hillier areas in the country and therefore a good testing ground for the concept.
Comment document.getElementById("comment").setAttribute( "id", "a7c34ddae817ecdc64c5c66ccc694d25" );document.getElementById("hf5a693e74").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. The company leverages existing components to help bring the product to market faster. Tesla said this year it was delaying production of its Semi until 2021.
But they are less energy-dense. A driver pushes a switch on the dash and compressed oil is sent to the motors to get the traction boost. AUSTIN, Texas —Hyliion Inc., a developer of electrified powertrain solutions for Class 8 commercial vehicles, has launched its Hypertruck Electric Range Extender (ERX), a long-haul, fully electric powertrain that promises to deliver superior performance, emissions reductions and cost-savings to the global trucking industry. From the driver’s seat, you feel nudging from the powered trailer behind. The Intelligent Electric Axle was a powered axle designed to replace a “passive” axle on a standard trailer tandem, and promised big fuel savings – 10 to … @ Copyright 2020 Construction Equipment. Subscribe to the The Daily Walk-Around Newsletter! Your email address will not be published. The trailer was a common van whose tandem had been pulled off and replaced with a Hyliion unit. Its primary purpose is to save fuel, and a lot of it, say engineers at Hyliion, which is developing and testing the system for upcoming release. Its suggested list price of $29,500 might be a choker, but executives have also prepared leasing plans that take care of financing. Speaking of which, from Hyliion’s website: The point here isn’t to criticize Hyliion as they’re probably too busy executing to worry about what a pretty important part of their website contains.
Hyliion makes hybrid and fully electric power train suspensions for semi tractors and trailers. Its systems are designed to improve performance and lower total cost of ownership while leveraging the existing alternative fuel infrastructure. The name Hyliion is a contraction of “hybrid lithium ion,” which is the operating style and the type of battery that’s part of the system. Our fully electric powertrain is in advanced development and we expect to deliver demonstration vehicles to our launch partner and other fleets in the second half of 2021 with full commercial production and delivery of those systems in 2022.
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