Hyliion Holdings Corp. Sustainability Profile
Hyliion Holdings Corp., a prominent player in the electric vehicle sector, is headquartered in the United States. Founded in 2015, the company focuses on sustainable transportation solutions, primarily within the commercial trucking industry. Hyliion is renowned for its innovative hybrid and fully electric powertrain systems, designed to enhance the efficiency of heavy-duty vehicles while reducing emissions. With a commitment to transforming the logistics landscape, Hyliion's flagship products, including the Hypertruck ERX, stand out for their unique integration of electric and natural gas technologies. The company has achieved significant milestones, positioning itself as a leader in the electrification of freight transport. As the demand for eco-friendly solutions grows, Hyliion continues to solidify its market presence, driving advancements in sustainable mobility.
DitchCarbon Score
How does Hyliion Holdings Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hyliion Holdings Corp.'s score of 13 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyliion Holdings Corp.'s reported carbon emissions
Hyliion Holdings Corp., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Hyliion has not inherited any emissions data from a parent or related organization, nor does it have any commitments to industry-standard initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the industry, it is essential for companies like Hyliion to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific emissions data or reduction initiatives, the company may face challenges in demonstrating its commitment to reducing carbon footprints and addressing climate change effectively.
How Carbon Intensive is Hyliion Holdings Corp.'s Industry?
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Hyliion Holdings Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hyliion Holdings Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
