Announcements

Mone Transport Converts Previous Hypertruck ERX™ Reservation to 20-unit Order

Mar 22, 2022
MONE transportation
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AUSTIN — Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that Mone Transport has ordered 20 units backed by deposits to secure Hypertruck ERX™ production slots.

Based in Laredo, Texas, the door-to-door service provider is an early adopter of green technology, with Hyliion Hybrid diesel solutions already incorporated into its operations.

Having seen success with the implementation of Hyliion Hybrid products in its fleet, Mone Transport reserved 40 Hypertruck ERX units in July of 2021, and has converted 20 of those reservations to orders after their recent Ride and Drive experience at Hyliion’s headquarters. The order further demonstrates Mone’s commitment to sustainability, with a particular interest in improving fuel economy and driver experience, all while reducing its carbon footprint.

“From the outset of our work with Mone, it was apparent that they are a forward-thinking, technology-minded company and I’m thrilled that their interest in our powertrain solutions continues to grow with their Hypertruck ERX order,” said Thomas Healy, Founder and CEO of Hyliion.

“In showcasing our Hypertruck ERX over the past several months, it’s become increasingly clear that fleets need a practical solution that can help reduce their emissions while maintaining performance. I look forward to our continued collaboration with Mone Transport as they add these units to their fleet and advance on their path to electrification,” Healy added.

“The trucking industry is far behind when it comes to innovative technology, and we’re excited to play our part in helping accelerate the adoption of solutions that tackle climate change. These Hypertruck ERX units will enable us to break away from the volatile diesel fuel market and begin utilizing alternative fuels for a cleaner and more efficient fleet, benefiting our customers, drivers and the environment,” said Andres Garcia, President of Mone Transport.

This press release features multimedia. View the full release here.

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