By Amber Deter A Hyliion IPO is coming to the markets. The company announced a reverse-merger. This comes after the successful merger and public debut of rival Nikola. Now, investors want to know if Hyliion stock is the next big hit.
But is Hyliion a good investment? Here’s what we know…
Hyliion IPO: The Business
CEO Thomas Healy founded Hyliion (Hi-LEE-on) in 2015. Healy is a mechanical engineer and motorsports racer. His mission is to bring hybrid technology to tractor trailers. Hyliion is the industry leader in Class 8 electrification. This includes cement trucks, dump trucks and freightliners. Hyliion designs, develops and sells electrified powertrain …read more
