Remember what nikola did after the ticker changed?

Class 8 trucks include cement trucks, dump trucks and freightliners. It designs, develops and sells electrified powertrain solutions for Heavy Duty Class 8 trucks from any of the leading commercial vehicle manufacturers, transforming the transportation industry’s environmental impact at scale. They can be used by any commercial vehicle maker. Hyliion the real ev truck company gets their ticker this week : stocks There has been a lot of anticipation of this since they announced it back in june when they shot from 10 to 20 then to 30 and back to 20s for a few … Press J to jump to the feed. Manufacturer of hybrid systems designed to turn semi-tractors into intelligent electric hybrid vehicles. For more information, visit www.hyliion.com. Upon the closing of the transaction, the combined entity will be named Hyliion Holdings Corp. and remain on the New York Stock Exchange (NYSE) under the new ticker symbol “HYLN.”. Founded in 2015, Hyliion has established itself as an industry leader in Class 8 truck electrification with its hybrid and fully electric powertrain solutions capable of achieving a net carbon negative footprint.

Rather than sell a new system, these companies can retrofit Hyliion’s technology to their vehicles.

PitchBook is a financial technology company that provides data on the capital markets. Lower fuel and operating costs reduces total cost of ownership. Duis aute i, You’re viewing 5 of 24 competitors.

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The stock of $SHLL popped 40% on the news, giving Hyliion a market cap of $2.2 billion. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Vinson & Elkins L.L.P. Once the transaction has closed—expected in Q3 2020 —t he ticker symbol will change from SHLL to HYLN. Save my name, email, and website in this browser for the next time I comment. The FCEV truck is the one most anticipated by customers and has over $10 billion in pre-orders. But that is a far cry from Nikola’s current market cap of $24 billion. Except as otherwise required by applicable law, Tortoise Acquisition Corp. and Hyliion disclaim any duty to update any forward looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. All statements, other than statements of present or historical fact included in this presentation, regarding Tortoise Acquisition Corp.’s proposed acquisition of Hyliion, Tortoise Acquisition Corp.’s ability to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements.

16/10/2020 12:44:16 1-888-992-3836 Free Membership Login This stock has always been a little behind the other ev stocks which I think is healthy. Our mission is to enable our fleet customers to quickly realize lower carbon emissions and significantly lower cost of ownership benefits provided by our technology.”. All existing shareholders and investors will continue to hold their equity ownership, including Dana, Sensata Technologies, Sumitomo Corporation of Americas, Axioma Ventures, FJ Management, New Era Capital Partners, Colle Capital Partners and others. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Since June Hyliion was having a great run but things started changing then and HYLN stock is now hovering around $40. The acquisition group is a tortoise and its ticker rhymes with shell. Free forex prices, toplists, indices and lots more. In addition, Tortoise Acquisition Corp. cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against Tortoise Acquisition Corp. or Hyliion following announcement of the transactions; (iii) the inability to complete the business combination due to the failure to obtain approval of the shareholders of Tortoise Acquisition Corp., or other conditions to closing in the transaction agreement; (iv) the risk that the proposed business combination disrupts Tortoise Acquisition Corp.’s or Hyliion’s current plans and operations as a result of the announcement of the transactions; (v) Hyliion’s ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Hyliion to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) changes in applicable laws or regulations; and (viii) the possibility that Hyliion may be adversely affected by other economic, business, and/or competitive factors. The company's s, minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Tortoise Acquisition Corp. and Hyliion caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either Tortoise Acquisition Corp. or Hyliion.