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Hyliion Inc. plans to invest a minimum of $5.75 million and will be leasing a 83,470 square-feet in the Brushy Creek Corporate Center. The term for the lease is 87 months.
What is Hyliion?
Hyliion is a energy technology company who designs, develops, manufactures, and installs hybrid suspension systems for semi-trailers and the trucking industry. Hyliion was established in 2015 and was based in Verona, Pennsylvania.
Hyliion’s suspension system hybridizes the trailer portion of a tractor-trailer combination, uses regenerative braking to capture power when the trailer is slowing down, and reuses it to help power the trailer up hills and improve fuel savings. The suspension system is estimated to save 3,000 gallons of fuel used annually idling at rest stops and removes the CO2 emissions equivalent of 13 cars.
A global net-carbon-negative commercial industy is ambitious, real and achievable though our technology.
City of Cedar Park Office of Economic Development
450 Cypress Creek Rd. Bldg. 1
Cedar Park, TX 78613
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