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Hyliion
AddedFeb 19, 2024
UpdatedJun 18, 2026
Hyliion

Hyliion

Public

Hyliion Holdings offers global electrified powertrain solutions, reducing commercial vehicle emissions.

HQ
Cedar Park, TX, US
Founded
2015
Overview
Compare
Fundraising
Employees
Website

Hyliion Holdings Corp. was founded with the mission to revolutionize the commercial transportation industry by providing electrified powertrain solutions. The company aims to significantly reduce the carbon intensity and greenhouse gas emissions of Class 8 commercial vehicles. Hyliion's product offerings include hybrid and fully electric powertrain systems designed to enhance the efficiency and sustainability of heavy-duty trucks. The company serves a global market, focusing on fleet operators looking to transition to greener technologies.

Notable figures associated with Hyliion include its founder, Thomas Healy, who has been instrumental in steering the company's innovative direction. Hyliion has attracted significant investment from various venture capital firms and strategic partners committed to advancing clean transportation technologies. Key achievements include successful pilot programs with major fleet operators and partnerships with leading truck manufacturers. Hyliion's impact is evident in its contribution to reducing the environmental footprint of commercial transportation, positioning it as a key player in the transition to sustainable logistics.

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Hyliion - Quick Facts

Who are Hyliion's competitors?

Companies similar to Hyliion include Hypercraft, Terraline, Hyzon Motors and Nikola Corporation s.

When was Hyliion founded?

Hyliion was founded in 2015.

Where is Hyliion's headquarters located?

Hyliion's headquarters is located in Cedar Park, TX, US.

When was Hyliion's last funding round?

Hyliion's most recent funding round was for $325M (USD) in September 2020.

How much has Hyliion raised to-date?

As of Sep 28, 2020, Hyliion has raised a total of $354.1M (USD).

How many employees does Hyliion have?

Hyliion has 250 employees as of Feb 6, 2024.

Hyliion - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Electric Vehicles
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Powertrain
  • Solutions
Tags
  • Cleantech
Unique IDs
  • secCik: 0001759631
  • ticker: HYLN
NAICS
  • 336200Motor Vehicle Body and Trailer Manufacturing
  • 336210Motor Vehicle Body and Trailer Manufacturing
  • 336211Motor Vehicle Body Manufacturing
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
SIC
  • 3713Truck and Bus Bodies
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
Show 7 more industry codes
NAICS
  • 480000Transportation and Warehousing
SIC
  • 4000Railroad Transportation
  • 4700Transportation Services
  • 5000Wholesale Trade-durable Goods
  • 6700Holding And Other Investment Offices
  • 4720Arrangement Of Passenger Transportation
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified