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Hyliion Acquires Battery Entity for Hybrid Electric Long-Haul Trucks

| July 10, 2018

Hybrid Electric Long-haul Truck

Hyliion has announced the acquisition of its new battery division.

By way of background, Hyliion’s hybrid electric technology is, according to the company, the only solution that 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. The 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. Hyliion utilizes the best battery cell technologies and chemistry with their proprietary packaging and battery management solutions. The acquisition and strategic partnerships with some of the industry’s leading companies allow Hyliion to take their hybrid solution a step further.

“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, who provides quality battery cell technology. Hyliion, as Toshiba’s preferred packaging and cooling partner in the U.S., then packages the li-ion cells and adds cooling and battery management systems for a comprehensive solution. The company has also collaborated with auto industry giant Dana who offers proprietary cooling technology to improve the thermal management of the batteries.

 

Category: General Update, Green, News

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