Hyliion, the leader in providing electric motor solutions for commercial grade 8 trucks, has announced the launch of Hypertruck Electric Range Extender (ERX), which are electrical modules. Transmission is intended for long-haul trucks and delivers superior performance, reduces carbon emissions and helps reduce costs for the global transportation industry.

Agility, one of the world's largest logistics companies operating in 100 countries, has boosted annual revenue of $ 5.2 billion, from the launch of Hypertruck ERX, where the company Approving a pre-order of up to 1,000 trucks.

According to the statement of Agility, which is listed on the Kuwait and Dubai stock exchanges, and was viewed by (Namazone) website on Sunday, the company agreed to invest in the private placement of Tortoise Acquisition Corp. (NYSE: SHLL) after its recent merger with Helion.

On this occasion, Thomas Healy, CEO and founder of Hyliion, explained: “Hyliion is paving the way towards a transportation sector that is dependent on the use of electricity. Our pragmatic solution addresses the most important needs of transportation fleets which are cost saving, emission reduction, and a basic fuel infrastructure that can support long-distance travel. We are already seeing a remarkable interest in Hypertruck ERX by companies, such as Agility, who are looking for electrical solutions that can be easily integrated.

For his part, Tariq Sultan, Vice Chairman and CEO of Agility, said: Hyliion's technology will change the rules of the game to the point that all companies, especially consumer goods companies, will have to. Adapt to this change. It is a threefold success in protecting the environment, ensuring customer satisfaction, and enhancing the benefit to shareholders by improving profitability. We look forward to significant cost savings through the use of this technology and increased efficiency for the benefit of our customers.

It is noteworthy that, thanks to the presence of more than 700 public stations in the United States of America, Hypertruck ERX has a strong infrastructure to supply natural gas. It is also the only Class 8 electric vehicle that can achieve net negative emissions through the use of renewable natural gas.

Hypertruck ERX pilot vehicles will be delivered to customers in 2021 and large quantities of them will be available for export in 2022.