Hyliion (NYSE: HYLN) has announced that DSV, a global leader in road freight, has placed an initial order for 10 Hypertruck ERX™ units to be deployed in its North American road freight business. 

With a focus on reducing its carbon footprint and offering lower-emission solutions to meet customer demand, DSV will implement the electrified powertrain technology across its Pan-American routes.

Hyliion will begin delivering the units in Q1 2024, with an option for an additional 10 trucks in the same year. 

Thomas Healy, Founder and CEO of Hyliion stated: “A global leader not only in logistics but also sustainability initiatives, DSV’s investment in Hyliion technology shows that excellent customer service and ambitious carbon emissions reduction goals don’t have to be mutually exclusive.”

Robert Greene, President of DSV Road US added: “We view this initiative as the beginning of our long-term ambitions to reduce our emissions across our road freight business. The 10 units we have ordered through the early adopter’s program is a fantastic start but not the goal in and of themselves. They are a step in the right direction in terms of testing and seeking the optimal solutions for the planet, our customers, and our company.” 

Headquartered in Austin, Texas, Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks.

Shares of Hyliion trade on the NYSE under the ticker symbol HYLN.