Hyliion Holdings Corp. manufactures hybrid and electric powertrains for trucks. The company is headquartered in Cedar Park, Texas and currently employs 250 full-time employees. The company went IPO on 2019-03-04. The company designs, develops, and sells electrified powertrain solutions that can be installed on Class 8 semi-trucks, and leverages advanced software algorithms and data analytics to improve overall efficiencies. Its electrified powertrain systems utilize Hyliion-designed control software and data analytics technology to control physically integrated battery systems, electric motors, and power electronics. The company offers the Hyliion Hybrid system, which is an electrified powertrain system that augments existing Class 8 semi-trucks and focuses to improve vehicle performance or reduce fuel usage, depending on application. Its Hypertruck ERX system is an electric compressed natural gas (CNG) range extender powertrain that is being designed for integration on Class 8 semi-trucks to create a net-carbon-negative-capable range-extended electric vehicle (REEV), when fueled by renewable natural gas (RNG).