NEWS

May 31, 2015

NATIONAL CLEAN ENERGY WINNER

NATIONAL CLEAN ENERGY WINNER

May, 2015 – Houston, Texas – Hyliion’s Smart Suspension system for trucks – that combines hybrid technology and aerodynamics to reduce fuel consumption by 31% was honored with $50,000 – awarded for winning the U.S. Department of Energy – Clean Energy Award – as part of the annual Rice Business Plan Competition. The competition is open to students around the globe and offers a total prize pool of over $2,500,000. The DOE Energy team (captained by Ms. Jennifer Garson) is focused on finding cleaner and more affordable energy to power our vehicles, homes and businesses. At the end of the...

Read More
May 25, 2015

RICE BUSINESS PLAN COMPETITION

RICE BUSINESS PLAN COMPETITION

ARTICLE BY MELISSA C. LOTT On Saturday, a start-up called Hyliion was awarded the U.S. Department of Energy Clean Energy Entrepreneurship prize at the 15th annual Rice Business Plan Competition in Houston. This Pittsburgh-based and student-led company has developed a slide-in suspension system for tractor-trailers that could reduce fuel use in these trucks by 31%. With an anticipated price tag of just $25,000, this fuel savings is all the more impressive. So much so that the company took home a total of $162,500 in prizes on Saturday. In addition to the DOE prize, they were awarded $10k from Shell, $15k from Wells Fargo, $80k...

Read More
May 22, 2015

HYLIION IS A MASSACHUSETTS CHALLENGE FINALIST

HYLIION IS A MASSACHUSETTS CHALLENGE FINALIST

Hyliion’s Smart Suspension system for trucks – that combines hybrid technology and aerodynamics to reduce fuel consumption by 31% was honored by being announced as a finalist from over 500 applications for the Mass Challenge Award. The Mass. Challenge Committee views the current economic crisis as an enormous opportunity in disguise. Technology is converging across industries and transforming the way business is done. Shifting technology has rendered many business models obsolete, and has left millions of people unemployed and thousands of offices empty. By investing now in innovation and entrepreneurship, the Mass. Challenge Committee believes they can transform whole industries...

Read More
image

JOIN THE HYLIION NEWSLETTER

Want to stay updated on our progress?
Learn more about Hyliion by joining our newsletter!