Hyliion Announces Nationwide Hypertruck ERX Marketing Roadshow Kickoff
November 05 2021 - 8:00AM
Business Wire
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in
electrified powertrain solutions for Class 8 semi-trucks, today
announced that it has begun its nationwide Hypertruck ERX Marketing
Roadshow, which will include visits with several Hypertruck
Innovation Council members. The roadshow will be an opportunity for
Hyliion to showcase the Hypertruck ERX pre-production demo unit,
its next generation electric powertrain that is recharged by an
onboard natural gas generator, enabling long-range hauling and
quick refueling, and allowing fleets to potentially reach
net-negative carbon emissions. The first stop on the tour will be
the Wegmans Food Markets (“Wegmans”) headquarters in Rochester, NY
on November 10th and 11th, 2021.
One of Hyliion’s recently completed Hypertruck ERX demonstration
units will travel to the Wegmans facility for a two-day event
featuring on-road demonstrations and ride-alongs. Representatives
from Hyliion will provide in-depth education on the solution’s
features and benefits, including the potential to support fleets’
decarbonization goals and to reduce total cost of ownership.
“We are excited to announce the launch of our nationwide
Hypertruck ERX Roadshow with the first stop at the Wegmans
headquarters in Rochester,” said Hyliion founder and CEO Thomas
Healy. “This is a major step forward in our Hypertruck ERX
commercialization process. We look forward to receiving feedback
from these industry leaders and valued Council members as we
continue to develop products to power today’s fleets with the
solutions of the future.”
“Hyliion is particularly proud to play an important role in
supporting Wegmans’ long-term commitment to sustainability and
decarbonization. We aim to be the partner of choice for fleets on
their journey to net-negative carbon emissions,” Healy added.
With over 100 stores across seven states, Wegmans has invested
in numerous sustainability initiatives including a focus on
reducing their carbon footprint. The regional supermarket chain has
already seen success with the Hyllion products, with several of its
operating trucks having been retrofitted with the Hyliion Hybrid
solution over the last two years.
“Through the use of alternative fuels, electrification, and
driver-efficiency initiatives, we have long focused on reducing
greenhouse gas emissions and diesel fuel consumption in our truck
fleet,” said Matt Harris, Wegmans sustainability manager for energy
and fleet technology. “Collaborative partnerships with technology
suppliers, like Hyliion, have played an important role in helping
us achieve our fleet sustainability goals up to this point, and
their continued innovation allows us to rethink the makeup of our
fleet and what is truly possible in the future with the right
combination of technologies. We’re excited for the opportunity to
experience the Hypertruck ERX firsthand.”
Following the Wegmans stop, Hyliion will host similar ride-along
events with additional Hypertruck Innovation Council members at its
headquarters in Austin, TX in December, continuing to collect
feedback that will be incorporated into future iterations of the
Hypertruck ERX demo units. Hyliion is currently developing
additional demonstration units that will be added to the marketing
roadshow upon completion, allowing the company to offer more
product demonstrations to more fleets.
About Hyliion
Hyliion Holdings Corp.’s (NYSE: HYLN) 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211105005238/en/
Ryann Malone press@hyliion.com (833)
495-4466 Louis Baltimore IR@hyliion.com (833)
495-4466
Hyliion (NYSE:HYLN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Hyliion (NYSE:HYLN)
Historical Stock Chart
From Sep 2023 to Sep 2024