Hyliion gathers fleets to test natural gas-electric hybrid truck
Startup unbowed by stock collapse as it pursues negative net-zero carbon truck
0 5 2 minutes read Hyliion Holdings has formed a group of fleet, logistics and transportation companies to test its natural gas-electric hybrid Class 8 truck. (Photo: Hyliion Holdings)
The sell-off of electric vehicle startup stocks has been as brutal as their frothy days of only a few months ago.
Hyliion Holdings is one of the hardest-hit young companies. But it is pushing ahead with its plans for a natural gas-electric hybrid truck capable of emitting less than net-zero carbon. Its share price has fallen from nearly $55 just before it went public in October to close Wednesday at $10.86.