Hyliion and Cummins Receive Certification From the California Air Resource Board for the Hypertruck ERX Electric Powertrain
September 18 2023 - 9:07AM
Business Wire
- CARB Dual Executive Order certifies Hypertruck ERX powertrain,
paired with the Cummins’ ISX12N natural gas engine, meeting key
California environmental requirements
- Hypertruck ERX-equipped vehicles qualify as a near zero
emission vehicle (NZEV) under both CARB Advanced Clean Truck (ACT)
and Advanced Clean Fleet (ACF) rulings
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in
electrified solutions for Class 8 semi-trucks, and Cummins Inc.
(NYSE: CMI) (“Cummins”), a global power solutions provider, today
announced the two companies together have successfully obtained the
Dual Executive Order from the California Air Resources Board (CARB)
for the Hypertruck ERX powertrain paired with the Cummins ISX12N
engine.
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“This certification is pivotal to commercializing our Hypertruck
ERX powertrain and enables us to provide our customers with a
solution that supports their sustainability goals. More than just
an environmental certification, this achievement represents the
commitment to innovation, sustainability, and industry leadership
we share with Cummins,” said Thomas Healy, Founder and CEO of
Hyliion.
Marking a significant milestone in Hyliion’s commercialization
progress, the companies have worked together to meet emissions
standards and secure key environmental certifications to sell the
powertrain into California. The Hypertruck ERX is an electric range
extender powertrain that uses the Cummins’ natural gas engine as an
onboard generator to recharge the batteries.
Offering up to 75 miles of electric range, the Hypertruck ERX
powertrain meets California emissions standards to qualify as a
NZEV under CARB’s ACT and ACF rulings. When utilizing the
generator, the Hypertruck ERX system can achieve up to 1,000 miles
of total range, leveraging the existing infrastructure of nearly
700 natural gas fueling stations nationwide.
“Working with Hyliion to achieve this certification is a
milestone in providing another solution towards lowering
emissions,” said J. Michael Taylor, General Manager, Propulsion
Systems Strategy at Cummins Inc. “We are excited to combine
technologies and offer the value that comes from the natural gas
ISX12N in the Hypertruck ERX electric powertrain for customers
needing solutions to achieve sustainability goals.”
Initial deliveries of the Hypertruck ERX powertrain with the
ISX12N Cummins natural gas engine will occur before the year's end,
and Hyliion is currently accepting orders for the system.
About Hyliion
Hyliion’s mission is to reduce the carbon intensity and
greenhouse gas (GHG) emissions of commercial vehicles by being a
leading provider of electrified solutions. Hyliion offers fleets
efficient and practical systems 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 can be
installed on most major Class 8 semi-trucks, and leverages advanced
software algorithms and data analytics to improve overall
efficiencies. Hyliion’s technology platforms also include the KARNO
system, a truly fuel agnostic, additive manufacturing-enabled
generator that offers increased efficiency and reduced emissions
for both stationary power generation and heavy-duty transportation
applications. Through scalable innovation, Hyliion aims to
transform the environmental impact of the commercial transportation
industry—and beyond. For more information, visit
www.hyliion.com.
Forward Looking Statements
The information in this press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
present or historical fact included in this press release,
regarding Hyliion and its future financial and operational
performance, as well as its strategy, future operations, estimated
financial position, estimated revenues, and losses, projected
costs, prospects, plans and objectives of management are forward
looking statements. When used in this press release, including any
oral statements made in connection therewith, the words “could,”
“should,” “will,” “may,” “believe,” “anticipate,” “intend,”
“estimate,” “expect,” “project,” the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. These forward-looking statements are based
on management’s current expectations and assumptions about future
events and are based on currently available information as to the
outcome and timing of future events. Except as otherwise required
by applicable law, Hyliion expressly disclaims any duty to update
any forward-looking statements, all of which are expressly
qualified by the statements herein, to reflect events or
circumstances after the date of this press release. Hyliion
cautions you that these forward-looking statements are subject to
numerous risks and uncertainties, most of which are difficult to
predict and many of which are beyond the control of Hyliion. These
risks include, but are not limited to, Hyliion’s ability to disrupt
the powertrain market, Hyliion’s focus in 2023 and beyond, the
effects of Hyliion’s dynamic and proprietary solutions on its
commercial truck customers, accelerated commercialization of the
Hypertruck ERX™, the ability to meet 2023 and future product
milestones, the impact of COVID-19 on long-term objectives, the
ability to reduce carbon intensity and greenhouse gas emissions,
the expected performance and integration of the KARNO generator and
system, and the other risks and uncertainties set forth in “Risk
Factors” section of Hyliion’s annual report on Form 10-K filed with
the Securities and Exchange Commission (the “SEC”) on February 28,
2023 for the year ended December 31, 2022. Given these risks and
uncertainties, readers are cautioned not to place undue reliance on
such forward-looking statements. Should one or more of the risks or
uncertainties described in this press release occur, or should
underlying assumptions prove incorrect, actual results and plans
could differ materially from those expressed in any forward-looking
statements. Additional information concerning these and other
factors that may impact Hyliion’s operations and projections can be
found in its filings with the SEC. Hyliion’s SEC Filings are
available publicly on the SEC’s website at www.sec.gov, and readers
are urged to carefully review and consider the various disclosures
made in such filings.
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Hyliion Holdings Corp. Ryann Malone press@Hyliion.com (833) 495-4466
Kellen Ferris kellen.ferris@Hyliion.com (737) 292-8649
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