| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Hyliion Holdings Corp. (NYSE:HYLN), a developer of innovative electricity-producing technology, today announced that the United States Environmental Protection Agency (EPA) has issued a determination confirming that Hyliion's KARNO™ Power Module is not regulated as an internal combustion engine under existing federal law and regulations. Instead, the KARNO Power Module will primarily be subject to local air permitting requirements applicable to power generation installations.
In a recent announcement, the EPA stated that the agency "is getting out of the way of new, innovative technology that will strengthen economic, national, and energy security. These generators have the ability to power data centers, the electric grid, and military installations. As these generators fall outside the scope of EPA's engine standards, they can be deployed without triggering additional permitting requirements."
The EPA's determination acknowledges the fundamentally different and innovative design of the KARNO Power Module and provides a clear pathway for its deployment across both stationary and mobile power generation markets. This determination along with low emission performance of KARNO technology ensures effective regulatory compliance and a more efficient permitting process for customers adopting the technology.
Posted In: HYLN
