Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion” or the “Company”) is a US$ 4.5 billion market cap company that claims its current hybrid technology can be retrofitted to any Class 8 diesel truck for an immediate 30% fuel efficiency savings. There is not one scientific paper or submission that would back up Founder & CEO Thomas Healy’s 30% fuel efficiency claim. Evidence revealed that Hyliion’s proprietary battery management system technology was purchased for under US$ 1 million, equal to less than US$ 0.01 per Hyliion share!October 16, 2020 - Short Hyliion (NYSE: HYLN) - October 16, 2020
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$HYLN highly-anticipated Hypertruck ERX is a hybrid powered natural gas truck. $HYLN Hyliion holds ZERO patents on renewable natural gas (RNG), compressed natural gas (CNG), or anything that has to do with natural gas. ERX technology unproven, risky and behind the competition.
$HYLN 30% fuel efficiency savings is a lie. After two years of testing Hyliion’s Hybrid-X product, P.A.M. Transportation $PTSI abandoned Hyliion’s Hybrid-X because savings were “only a small %”.
Just released latest short report on $HYLN. Evidence revealed proprietary battery management system technology was purchased for under US$ 1 million, equal to less than US$ 0.01 per Hyliion share! Full Report at http://www.bonitasresearch.com
On October 15, Jim Cramer’s Mad Money cautioned investors to be patient and that Hyliion (NYS: HYLN) is not a buy at these levels. $HYLN @JimCramer @MadMoneyOnCNBC @CNBC