Trade Hyliion Holdings Corp - HYLN CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02221 %(-$1.11)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.02221%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.00002 %(-$0.00)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.00002%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02221 %
  (-$1.11)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00002 %
  (-$0.00)

Key Stats

• Prev. Close: 3.04
• Open: 3.13
• 1-Year Change: 53.43%
• Day's Range: 3.09 - 3.21

Trade Hyliion Holdings Corp - HYLN

Hyliion Holdings Corp. (HYLN) produces hybrid and electric truck powertrains for commercial fleets. It focuses on supplying tractor-trailers with hybrid technology. The company’s name stands for Hybrid-Lithium-Ion. 

Mechanical engineer and sports racer Thomas Healy founded Hyliion in 2015, intending to reduce carbon intensity and greenhouse gas (GHG) emissions by providing electrified powertrain solutions for Class 8 semi-trucks.

Based in Cedar Park, Texas, the company became public in 2020 following a merger with Tortoise Acquisition Corp. on 18 June 2020. Its shares are traded on the New York Stock Exchange. 

Hyliion offers two product lines: a Hybrid system and the Hypertruck.

The Hybrid system is designed as an add-on to the electric powertrain to trucks to augment power needs. The Hypertruck offers a complete powertrain option that is fully electric drive and leverages an onboard generator to recharge the batteries as the vehicle is in operation. 

It sells the Hybrid eX version of its Hybrid product and is developing the Hypertruck electrified powertrain systems for long-haul Class 8 commercial vehicles. The Hybrid eX system can be installed on a new car before entering fleet service or retrofit it to an existing in-service vehicle. 

The Hypertruck platform leverages its Hybrid eX system’s experience and operating data to provide a solution to replace the traditional diesel or Compressed Natural Gas (CNG) powertrain installed in new vehicles.