Hyliion Announces Automotive Marketplace Veteran Mary Gustanski to Sign up for Board of Directors

AUSTIN, Texas–(Organization WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain answers for Course 8 semi-trucks, now introduced that Mary Gustanski will join its board of administrators.

Gustanski has invested her just about 40-yr job bringing new technological innovation to current market in the at any time-evolving automotive business, with an emphasis on the improvement and commercialization of revolutionary answers. As Senior Vice President and Chief Engineering Officer of Delphi Technologies—formerly Delphi Automotive—she was dependable for the company’s international engineering production, together with highly developed propulsion devices for long term motor vehicle electrification.

For the duration of Gustanski’s tenure at Delphi, she held a variety of senior government positions, together with serving on Delphi Powertrain’s government employees where she was liable for engineering, functions and consumer pleasure, and on the company engineering crew as the Vice President of Engineering and Plan Administration.

“Mary’s deep technological knowledge with electrification, powertrain and gasoline-cell technologies, coupled with her extraordinary working experience creating and bringing to marketplace foreseeable future-wanting automotive solutions, provides tremendous price to Hyliion at a legitimate inflection issue in our commercialization approach,” said Hyliion CEO Thomas Healy. “We are self-assured that we will reward significantly from Mary’s skillset and direction as we adhere to our commercialization timelines and execute forthcoming business enterprise milestones for the advantage of our stakeholders and commercial fleets globally.”

Gustanski has been acknowledged as a person of the “100 Main Women in the North American Vehicle Industry” by Automotive News and was named on the 50 Ability Listing by Motor Craze. She was also introduced with the 2019 Engineering Achievement Alumni Award from Kettering University. Gustanski acquired a bachelor’s degree in Mechanical Engineering as very well as a master’s degree in Manufacturing Management from Kettering University.

About Hyliion

Hyliion Holdings Corp.’s (NYSE: HYLN) mission is to lower the carbon depth and greenhouse gasoline (GHG) emissions of Course 8 industrial vans by being a primary company of electrified powertrain answers. Leveraging superior software program algorithms and data analytics abilities, Hyliion provides fleets an simple, economical process to lower fuel and working costs whilst seamlessly integrating with their existing fleet functions. Headquartered in Austin, Texas, Hyliion patterns, develops, and sells electrified powertrain remedies that are made to be mounted on most big Course 8 business vehicles, with the target of reworking the industrial transportation industry’s environmental impression at scale. For more data, take a look at www.hyliion.com.

Ahead-Searching Statements

The facts in this push release features “forward-looking statements” within just the that means of Area 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Trade Act of 1934, as amended. All statements, other than statements of present or historic simple fact involved in this press release, relating to Hyliion and its potential financial and operational efficiency, as effectively as its tactic, long run operations, approximated economic situation, believed revenues, and losses, projected expenses, prospects, ideas and objectives of administration are ahead on the lookout statements. When utilised in this press release, which include any oral statements produced in link therewith, the text “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the adverse of these types of terms and other similar expressions are supposed to establish ahead-hunting statements, even though not all forward-looking statements have these kinds of identifying words. These forward-on the lookout statements are dependent on management’s recent anticipations and assumptions about potential gatherings and are based on now offered info as to the consequence and timing of potential gatherings. Besides as otherwise essential by applicable regulation, Hyliion expressly disclaims any obligation to update any ahead-wanting statements, all of which are expressly skilled by the statements herein, to reflect gatherings or conditions soon after the day of this press release. Hyliion cautions you that these forward-seeking statements are subject matter to many risks and uncertainties, most of which are hard to predict and quite a few of which are over and above the handle of Hyliion. These hazards incorporate, but are not restricted to, Hyliion’s capability to disrupt the powertrain industry, Hyliion’s concentrate in 2021 and outside of, the outcomes of Hyliion’s dynamic and proprietary alternatives on its industrial truck clients, accelerated commercialization of the Hypertruck ERX, the ability to meet 2021 and potential products milestones, the impression of COVID-19 on extensive-phrase goals, the skill to reduce carbon depth and greenhouse gasoline emissions and the other hazards and uncertainties set forth in “Risk Factors” area of Hyliion’s yearly report on Kind 10-K/A submitted with the Securities and Trade Commission (the “SEC”) on May perhaps 17, 2021 for the calendar year finished December 31, 2020. Offered these risks and uncertainties, readers are cautioned not to put undue reliance on these kinds of forward-seeking statements. Ought to a single or a lot more of the challenges or uncertainties explained in this press release occur, or must fundamental assumptions show incorrect, real results and strategies could vary materially from people expressed in any forward-on the lookout statements. More information relating to these and other variables that may perhaps effect Hyliion’s functions and projections can be observed in its filings with the SEC. Hyliion’s SEC Filings are offered publicly on the SEC’s web site at www.sec.gov, and audience are urged to diligently critique and take into account the various disclosures built in such filings.