Find out what Hyliion is doing to shake things up in the auto industry.
Hyliion, a hybrid technology startup, has the semi-trailer industry in its crosshairs with its latest project, having just closed its second investment round, raising $21 million to bring it to market.
The secret sauce is a proprietary intelligence electric drive axle that provides regenerative braking power, capturing power upon slow down and reactivating it on an uphill trek.
https://www.youtube.com/watch?v=xjwS0X0K2c0&t=70s
With the technology, Hyliion claims an average of 30% in fuel savings per vehicle (with a variance between regional and long-haul trips), improved engine idling technology using an auxiliary power unit, and revised aerodynamics.
In the bigger picture, the company hopes to reduce the $150 billion spent by fleets annually (with an average of $29,000 per truck) and truck emissions by 2 percent. The technology is compatible with 6 million trailers.
Buoying Hyliion's mission is a series of mandates imposed by the Obama Administration to reduce tractor-trailer emissions by 20 percent within the next year.
The long-term goal is to reduce emissions between 72 and 74 percent vs. 2005 levels by 2027.
https://www.youtube.com/watch?v=mPZSjfCgwiQ&t=7s
As of now, Hyliion appears to be the only stand-alone system that can accommodate this level of reduction. It remains to be seen if new players try to address this increasingly vital space.
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