Hyliion Announces Automotive Sector Veteran Mary Gustanski to Sign up for Board of Administrators

Previous Senior Vice President and Main Technological know-how Officer of Delphi Technologies provides deep engineering and electrification technological innovation knowledge

AUSTIN, Texas, August 26, 2021–(Business WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a chief in electrified powertrain alternatives for Course 8 semi-vans, now announced that Mary Gustanski will join its board of directors.

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Gustanski has spent her nearly 40-12 months profession bringing new technology to market place in the ever-evolving automotive industry, with an emphasis on the improvement and commercialization of ground breaking answers. As Senior Vice President and Chief Technological innovation Officer of Delphi Technologies—formerly Delphi Automotive—she was accountable for the company’s worldwide know-how output, which includes highly developed propulsion units for potential automobile electrification.

For the duration of Gustanski’s tenure at Delphi, she held a amount of senior govt positions, like serving on Delphi Powertrain’s govt staff members exactly where she was dependable for engineering, operations and purchaser pleasure, and on the corporate engineering team as the Vice President of Engineering and Software Administration.

“Mary’s deep technological know-how with electrification, powertrain and gasoline-mobile technological know-how, coupled with her spectacular expertise producing and bringing to marketplace potential-hunting automotive remedies, provides remarkable worth to Hyliion at a genuine inflection point in our commercialization method,” said Hyliion CEO Thomas Healy. “We are confident that we will reward drastically from Mary’s skillset and steerage as we adhere to our commercialization timelines and execute impending business milestones for the profit of our stakeholders and industrial fleets globally.”

Gustanski has been recognized as just one of the “100 Primary Ladies in the North American Vehicle Marketplace” by Automotive News and was named on the 50 Electricity Record by Motor Trend. She was also presented with the 2019 Engineering Accomplishment Alumni Award from Kettering College. Gustanski attained a bachelor’s diploma in Mechanical Engineering as properly as a master’s diploma in Producing Management from Kettering University.

Tale continues

About Hyliion

Hyliion Holdings Corp.’s (NYSE: HYLN) mission is to lower the carbon depth and greenhouse gas (GHG) emissions of Class 8 commercial trucks by remaining a main service provider of electrified powertrain methods. Leveraging innovative software package algorithms and knowledge analytics capabilities, Hyliion presents fleets an straightforward, effective system to lower fuel and functioning costs although seamlessly integrating with their present fleet operations. Headquartered in Austin, Texas, Hyliion types, develops, and sells electrified powertrain answers that are built to be put in on most big Class 8 commercial trucks, with the target of transforming the commercial transportation industry’s environmental effects at scale. For additional facts, take a look at www.hyliion.com.

Ahead-Searching Statements

The information in this push launch incorporates “ahead-looking statements” in just the which means of Portion 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of current or historic reality bundled in this press release, relating to Hyliion and its future financial and operational effectiveness, as very well as its tactic, foreseeable future functions, believed monetary posture, estimated revenues, and losses, projected charges, potential clients, plans and objectives of administration are forward on the lookout statements. When utilised in this press release, which include any oral statements created in connection therewith, the terms “could,” “should really,” “will,” “could,” “feel,” “anticipate,” “intend,” “estimate,” “expect,” “job,” the unfavorable of such conditions and other very similar expressions are supposed to identify ahead-searching statements, while not all ahead-looking statements contain this kind of pinpointing words. These ahead-searching statements are based on management’s present-day anticipations and assumptions about long term events and are primarily based on at the moment obtainable information as to the final result and timing of upcoming occasions. Other than as or else needed by relevant law, Hyliion expressly disclaims any duty to update any ahead-searching statements, all of which are expressly competent by the statements herein, to replicate situations or situation just after the day of this push release. Hyliion cautions you that these ahead-on the lookout statements are subject to several pitfalls and uncertainties, most of which are tricky to forecast and lots of of which are beyond the handle of Hyliion. These hazards include, but are not minimal to, Hyliion’s skill to disrupt the powertrain market place, Hyliion’s concentration in 2021 and beyond, the consequences of Hyliion’s dynamic and proprietary alternatives on its professional truck consumers, accelerated commercialization of the Hypertruck ERX, the skill to satisfy 2021 and long term item milestones, the impact of COVID-19 on lengthy-expression targets, the capacity to decrease carbon depth and greenhouse gasoline emissions and the other hazards and uncertainties established forth in “Threat Elements” portion of Hyliion’s annual report on Type 10-K/A submitted with the Securities and Exchange Commission (the “SEC”) on May perhaps 17, 2021 for the year ended December 31, 2020. Offered these hazards and uncertainties, readers are cautioned not to put undue reliance on these types of forward-want
ing statements. Should really one or more of the challenges or uncertainties explained in this press release occur, or should fundamental assumptions establish incorrect, true effects and plans could differ materially from individuals expressed in any forward-hunting statements. Additional facts relating to these and other factors that may well impression Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are accessible publicly on the SEC’s internet site at www.sec.gov, and visitors are urged to diligently evaluation and take into account the many disclosures designed in such filings.

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Contacts

Hyliion Holdings Corp.
Press Get hold of
Ryann Malone
[email protected]
(833) 495-4466

Investor Get in touch with
Louis Baltimore
[email protected]
(833) 495-4466