Hyliion’s acquisition of battery division boosts its hybrid electric capabilities
Learn how Hyliion acquiring a new battery division will further the company’s growth plans and ongoing innovation.
Hyliion has acquired a new battery division. The firm’s intelligent hybrid electric technology instantly transforms any Class 8 truck into a diesel hybrid electric to lower fuel consumption and reduce emissions.
The battery system was already a critical component of Hyliion’s 6x4HE solution, and this acquisition will further the company’s growth plans and ongoing innovation.
“Batteries are a critical component of any hybrid vehicle. The acquisition provides us with control over the complete battery management supply chain from manufacturing and packaging to software development,” said Thomas Healy, founder and CEO of Hyliion. “This is a huge strategic advantage for us.”
Unlike other solutions on the market, the Hyliion 6x4HE is designed to capture wasted energy when traveling downhill and applies that power when traveling uphill to keep the engine in its most efficient operating range. Cost-optimized for the trucking industry, Hyliion uses hybrid electrification to deliver fuel savings of up to 30%, lower emissions, instant telematics and a better driver experience. It’s easy to install and can be implemented onto new semi-trucks or seamlessly retrofitted onto any Class 8 vehicle.
“The path to fully electrified long-haul fleets has many challenges. Long haul semi-trucks average 600 miles a day. Electric semi-trucks, including Tesla’s, are restricted by 300 to 500 miles on a single charge,” said Healy. “Unless we regrid the entire country to accommodate power consumption with grids as large as entire cities, a hybrid solution is the only answer that makes sense for long hauls.”
Hyliion has strategically partnered with Toshiba, which provides battery cell technology. As Toshiba’s preferred packaging and cooling partner in the United States, Hyliion then packages the li-ion cells and adds cooling and battery management systems for a comprehensive solution. The company has also collaborated with Dana corp, which offers proprietary cooling technology to improve thermal management of the batteries.
“By cost-effectively transforming any semi-truck into a hybrid electric, Hyliion is providing the trucking industry a unique opportunity to capitalize on the vehicle electrification trend,” said Darel Reed, national sales manager at Toshiba. “We’re proud to be part of Hyliion’s breakthrough technology and innovation and look forward to sharing in the company’s ongoing success.”
The battery division team has also joined the company. Hyliion’s new battery management solution will be sold to other companies for use in various other applications.
For more information, visit www.hyliion.com.