Hyliion And Cummins Receive Certification From The California Air Resource Board For The Hypertruck ERX Electric Powertrain
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Hyliion Holdings Corp. (HYLN) and Cummins Inc. (CMI) have received a Dual Executive Order from the California Air Resources Board (CARB) for the Hypertruck ERX powertrain, which is paired with Cummins' ISX12N natural gas engine. This certification allows the companies to sell the powertrain in California, meeting key environmental requirements. The Hypertruck ERX powertrain qualifies as a near zero emission vehicle under CARB's Advanced Clean Truck and Advanced Clean Fleet rulings. Initial deliveries of the Hypertruck ERX powertrain with the ISX12N Cummins natural gas engine will occur before the end of the year.
September 18, 2023 | 1:08 pm
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Cummins' ISX12N natural gas engine, used in Hyliion's Hypertruck ERX powertrain, has received CARB certification. This could potentially increase Cummins' sales and strengthen its partnership with Hyliion.
The CARB certification for the ISX12N natural gas engine used in Hyliion's Hypertruck ERX powertrain could potentially increase Cummins' sales and strengthen its partnership with Hyliion, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Hyliion's Hypertruck ERX powertrain, developed in partnership with Cummins, has received CARB certification, allowing it to be sold in California. This could potentially boost Hyliion's sales and market presence.
The CARB certification allows Hyliion to sell its Hypertruck ERX powertrain in California, a state with strict environmental regulations. This could potentially increase Hyliion's sales and expand its market presence, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100