Tag: production line

Sumitomo Backs Hyliion; Grows Portfolio In Vehicle Fleet Management

Sumitomo Backs Hyliion; Grows Portfolio In Vehicle Fleet Management

| October 13, 2017

Sumitomo Corporation of Americas (SCOA) has announced a recent investment in Hyliion, a Class 8 vehicle hybridizing company, alongside Axioma Ventures. The financing will be used to fund Hyliion’s production, product line expansion and for further investment in its technology platform. Hyliion hybridizes Class 8 vehicles by adding an intelligent electric drive axle, which, it […]

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