Hyliion is developing an add-on hybrid system for semi trailers that will reduce their total fuel consumption and give an ROI of less than one year. In addition, it will improve the driver’s quality of life as well as reduce harmful greenhouse gas emissions.
The biggest pain point in the trucking industry is fuel consumption, with nearly 40% of operating costs going toward fuel alone. Hyliion’s Intelligent Electric Drive Axle System uses regenerative braking to capture power when the vehicle is slowing down or going down hill and reuses it to accelerate.
With the Hyliion System, we are adding power and technology to the trailer, which is traditionally a passive system. This allows us to tackle other issues in the trucking industry with the same great product. We can give power to the truck while it is parked in a rest area so that the driver can turn his diesel motor off and finally get a good night's sleep.
The biggest pain point in the trucking industry is fuel consumption, with nearly 40% of operating costs going toward fuel alone. Hyliion’s Intelligent Electric Drive Axle System uses regenerative braking to capture power when the vehicle is slowing down or going down hill and reuses it to accelerate.
With the Hyliion System, we are adding power and technology to the trailer, which is traditionally a passive system. This allows us to tackle other issues in the trucking industry with the same great product. We can give power to the truck while it is parked in a rest area so that the driver can turn his diesel motor off and finally get a good night's sleep.
Location: United States, Texas, Cedar Park
Employees: 51-200
Phone: +1 833-495-4466
Total raised: $21M
Founded date: 2015
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 20.09.2017 | Series A | $21M | - |
Mentions in press and media 14
| Date | Title | Description |
| 16.09.2025 | The EPA announced in September that Hyliion’s KARNO Power Module will not be regulated | - |
| 07.08.2024 | Hyliion and Flexnode to power high-performance flexible micro data | - |
| 06.06.2024 | Hyliion Launches Production of First KARNOTM Additive Components at Austin Headquarters | - |
| 31.08.2022 | 3D Printing Industry News Sliced: Adidas, Sennheiser, Desktop Metal, AMT and more | In this edition of Sliced, the 3D Printing Industry news digest, we cover the latest business developments, partnerships, and acquisitions in the additive manufacturing sector. Today’s edition features the latest 3D printing financials, mat... |
| 25.08.2022 | GE Is Taking a Stake in the EV Business With Sale of Technology to Hyliion | General Electric is selling generator technology to an electric-vehicle start-up and will become a shareholder of that company in the process. Thursday, Hyliion Holdings (ticker: HYLN) announced it is buying KARNO generator technology devel... |
| 08.06.2022 | A Stronger Future Through Collaborative Innovation | Dear MassChallenge Community, It is with a great sense of excitement that I (officially) step into the role of Chief Executive Officer for MassChallenge. To our extraordinary entrepreneurs, experts, partners, MassChallenge team and Board... |
| 14.02.2018 | Electric Hybrid Trucking Company Hyliion Moves Headquarters to Austin Area | |
| 05.10.2017 | Hyliion Receives Investment from Sumitomo and Axioma Ventures | Hyliion, a Pittsburgh, PA-based instant Class 8 vehicle hybridizing company, received an investment from Sumitomo Corporation of Americas and Axioma Ventures. The amount of the deal was not disclosed. The company intends to use the funds fo... |
| 21.09.2017 | Term Sheet — Thursday, September 21 | FOOD WARS Good morning, Term Sheet readers. Paid Content Why every industry needs enterprise A.I.—yesterday From C3.ai This is the first time that a grocery chain has scooped up a meal service company, but it makes sense. As an increasing s... |
| 20.09.2017 | Hyliion Raises $21M in Series A Funding | Hyliion, a Pittsburgh, PA-based instant Class 8 vehicle hybrizing company, raised $21m in Series A funding. The round was led by technology growth investor Axioma Ventures. The company intends to use the funds to support production, product... |
Show more