Hyliion Holdings Corp. manufactures hybrid and electric powertrains for trucks. The company is headquartered in Cedar Park, Texas and currently employs 93 full-time employees. The company went IPO on 2019-03-04. The firm is focused on providing distributed power generators that can operate on various fuel sources. The company is addressing the commercial and industrial sectors with a locally deployable generator designed to meet a range of power generation needs. Its product offering, KARNO generator, is a fuel-agnostic power generating solution. KARNO generator leverages a thermal converter coupled to a linear generator to produce electricity. KARNO generators enable effective distributed power generation using a wide range of fuel sources, including conventional fuels, waste fuels such as landfill gas, wellhead gas, and zero carbon fuels such as renewable hydrogen and ammonia. The company also focuses on scaling up its generator solutions to address larger utility-scale power needs and to develop variants for household use and e-mobility applications.
Follow-Up Questions
Who is the CEO of Hyliion Holdings Corp?
Mr. Thomas Healy is the Chief Executive Officer of Hyliion Holdings Corp, joining the firm since 2020.
What is the price performance of HYLN stock?
The current price of HYLN is $2.1, it has increased 1.44% in the last trading day.
What are the primary business themes or industries for Hyliion Holdings Corp?
Hyliion Holdings Corp belongs to Electrical Equipment industry and the sector is Industrials
What is Hyliion Holdings Corp market cap?
Hyliion Holdings Corp's current market cap is $368.4M
Is Hyliion Holdings Corp a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Hyliion Holdings Corp, including 0 strong buy, 0 buy, 3 hold, 1 sell, and 0 strong sell