Hyliion acquiring hydrogen and fuel-agnostic generator technology
30 August 2022
Technology acquired from GE Additive to be integrated into Hyliion Hypertruck powertrain
Hyliion Holdings Corp. announced it has entered into a definitive agreement to acquire the KARNO hydrogen and fuel agnostic-capable generator from GE Additive, part of General Electric (GE), for an acquisition value of approximately $37 million. Hyliion will acquire the generator technology and integrate the Cincinnati-based engineering team that created…
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