HYLIION Moves Headquarters to Greater Austin Texas Area

PITTSBURGH, Feb. 13, 2018 /PRNewswire/ -- Hyliion, the company who is bringing intelligent electric hybrid technology to the trucking industry, today announced the company is moving its corporate headquarters to the greater Austin, Texas area. Their new, over 80,000 sq. foot, custom designed office is being built in Cedar Park to support Hyliion's rapid growth. The facility will house all departments from research & development, to sales, marketing, IT and administration. The move helps facilitate the development of the Hyliion 6x4HE intelligent electric hybrid solution and allows Hyliion to expand and build upon its unique company culture.  Hyliion's operations are expected to create over 200 new jobs in the area.

"Moving our corporate headquarters to Austin was an important strategic decision. It supports our growth plans in new technologies and products and we believe the greater Austin market has the talented workforce that will contribute to our company and culture.  Our products significantly decrease the environmental impact of long haul, over-the-road trucks which matches nicely with Austin's environmental consciousness." commented Thomas Healy, Hyliion Founder and CEO, "Our new building is being built to handle the requirements of semi-tractor trailers and establish excellent workspaces for our diverse workforce. We have planned library space for quiet work, bright open spaces for group collaboration, and in line with our active employees we have bike storage space, showers and even an indoor/outdoor space for dogs."

The Hyliion 6x4HE Truck Solution reduces fuel consumption and emissions by up to 30%, saving over 6,000 gallons of diesel fuel annually.  One semi-tractor trailer equipped with a Hyliion 6x4HE solution delivers a CO2 emissions reduction equivalent to about 13 cars being taken off the road.

"We are extremely excited to be joining the greater Austin community. The Cedar Park Economic Development Department personnel, the Cedar Park Economic Development Corporation and the Cedar Park City Council put together an employment-based incentive program and have been fantastic to work with." stated Thomas Healy, Hyliion Founder and CEO. The company has already enjoyed success in hiring in the Austin market and is actively recruiting for positions in software and algorithm development, electrical and mechanical engineers and technicians as well as many other support positions.

About Hyliion
Hyliion offers fleets an easy, efficient way to decrease fuel expenses and lower emissions by instantly turning semi-tractor trailers into intelligent electric hybrid vehicles. Hyliion's patented technology can be used on new or existing vehicles. Requiring no driver training, Hyliion products reduce fuel consumption and emissions by up to 30% and provide a positive return to fleets and the environment immediately. For more information, visit http://www.hyliion.com.

SOURCE Hyliion