Hyliion Holdings Corp (Hyliion Holdings) is an automotive engineering solutions provider that include designing and manufacturing engines powered in class 8 vehicles, to reduce the carbon intensity and greenhouse gas (GHG) emissions of commercial transportation. Its product portfolio includes a Hybrid system and Hyper truck ERX system installed in low volume on commercial vehicles. The company is focused on providing sustainable and efficient fleet engines systems to negate carbon emissions and fight climate change. It serves its clients along with its partners consisting of OEMs, install partners and refueling stations, and others. Hyliion Holdings caters to clients across the commercial transportation and logistics industry throughout the globe. Hyliion Holdings is headquartered in Ceder Park, Texas.
Headquarters
United States of America
Address
1202 Bmc Drive, Suite 100, Cedar Park, Texas, 78613
Website
www.hyliion.com
Telephone
1 913 9811020
No of Employees
85
Industry
Automotive
Ticker Symbol & Exchange
HYLN (NYSE)
Revenue (2022)
$672,000
-68.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
19.5%
(2022 vs 2021)
Market Cap*
$225.6M
Net Profit Margin (2022)
XYZ
-152.4%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products |
|---|
| Hypertruck ERX systems |
| Hyliion Hybrid system |
| Powertrain Systems |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with BayoTech to use the expertise of both companies to offer comprehensive power solutions to their existing and future customers. |
| 2024 | Contracts/Agreements | In April, the company entered into a non-binding letter of intent with Victory Clean Energy, under which Victory will purchase up to 10 KARNO generators. |
| 2023 | New Products/Services | In May, the company launched Hypertruck Karno at the Advanced Clean Transportation Expo in Anaheim, California, the US. |
Competitor Comparison
| Key Parameters | Hyliion Holdings Corp | Mercedes-Benz Group AG | AB Volvo | PACCAR Inc | Navistar International Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | Sweden | United States of America | United States of America |
| City | Cedar Park | Stuttgart | Goeteborg | Bellevue | Lisle |
| State/Province | Texas | Baden-Wurttemberg | - | Washington | Illinois |
| No. of Employees | 85 | 166,056 | 91,242 | 32,400 | 14,500 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey A Craig | Chairman | Executive Board | 2023 | - |
| Thomas Healy | Chief Executive Officer; Director | Executive Board | 2020 | - |
| Jon Panzer | Chief Financial Officer | Senior Management | 2022 | - |
| Dennis M. Gallagher | Chief Operating Officer | Senior Management | 2021 | - |
| Cheri Lantz | Chief Strategy Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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