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Sumitomo Corporation Backs Hyliion; Continues to Grow Investment in Vehicle Fleet Management

October 03, 2017

Sumitomo Corporation Backs Hyliion; Continues to Grow Investment in Vehicle Fleet Management

New York, NY – October 3, 2017 - Sumitomo Corporation of Americas ("SCOA") is pleased to announce its recent investment in Hyliion, the instant Class 8 vehicle hybridizing company, alongside Axioma Ventures. This financing will be used to fund Hyliion's production, product line expansion, and for further investiment in its proprietary technology platform.  

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