The companies worked together to meet California regulations to sell the Hypertruck ERX Electric powertrain in the state.
The company has achieved ISO 9001-2015 certification for its Quality Management Systems at its Cedar Park, Texas, facility.
Craig joined Hyliion’s board of directors in February 2022 after serving as CEO at Meritor.
Together, the companies plan to obtain key environmental certifications for Cummins’ natural gas internal combustion engines to be used in Hyliion’s Hypertruck ERX powertrain.
The former senior vice president and chief technology officer of Delphi Technologies brings deep engineering and electrification technology experience.
Dennis M. Gallagher will lead efforts focused on commercialization and delivery of Hyliion’s products to the market.
Loos brings more than 20 years of experience at commercial transportation leaders including Bridgestone Americas.
Bobby Cherian will oversee Hyliion’s sales and supply chain functions, including sales strategy.
The credit adds to the growing support of natural gas as an affordable and cleaner fuel source powering heavy-duty vehicles.
Idealease to conduct national tour of Hyliion’s hybrid powertrain technology for U.S. commercial fleets.
The financing will be used to fund Hyliion’s production, product line expansion and for further investment in its proprietary technology platform.