Hyliion (NYSE:HYLN) is a renewable energy technology company focused on the electrification of commercial vehicles. Founded in 2015 and headquartered in Austin, Texas, the company develops hybrid electric powertrains and full battery-electric axle solutions designed to reduce fuel consumption and greenhouse gas emissions across the heavy-duty trucking industry. Since going public via a special purpose acquisition company in 2020, Hyliion has expanded its product roadmap to include both on-highway and stop-and-go applications.
The company’s flagship offering, the Hypertruck ERX, is a range-extender powertrain system that combines a battery pack with an efficient, low-emission natural gas engine. In addition to the ERX, Hyliion has introduced the Hyliion 6 and 6X hybrid systems for Class 8 trucks and trailers, as well as the NGEN eAxle, a fully electric e-axle solution designed for original equipment manufacturers (OEMs) seeking to integrate zero-emissions technology. These products can be retrofitted onto existing fleets or integrated into new vehicles during production.
Hyliion serves customers primarily in North America, collaborating with leading truck and trailer manufacturers, fleet operators and logistics companies to pilot and deploy its technologies. The company has formed strategic partnerships with industry players such as Great Dane, Meritor and Dana Incorporated, enabling broad market access and streamlined manufacturing. Hyliion’s engineering and service centers are located across the United States, supporting regional fleet conversions and ongoing product development.
Under the leadership of founder and CEO Thomas Healy, Hyliion continues to pursue innovation in sustainable transportation. Heath Global Logistics veteran Jon Dahn serves as Chief Financial Officer, overseeing the company’s capital deployment and public reporting. The management team is supported by an advisory board with expertise in automotive engineering, alternative fuels and supply chain optimization, positioning Hyliion to address regulatory demands and evolving customer requirements in the heavy-duty vehicle market.
