Detmar Logistics Reserves 300 Hypertruck ERX Units from Hyliion
AUG 3, 2021 - 6:44 am
Detmar Logistics executed a reservation agreement covering 300 Hypertruck ERX systems with Hyliion, a provider of electrified powertrain solutions for Class 8 semi-trucks. The agreement is part of Hyliion’s latest collaboration with the Texas-based frac sand solutions provider. The reservation marks the next step in Detmar Logistics’ effort to fully electrify its fleet over the next five years.
The Hypertruck ERX is an electric powertrain that is recharged by an onboard natural gas generator for Class 8 commercial trucks and utilizes the more than 700 commercial natural gas vehicle filling stations across North America.
Detmar Logistics placed an initial order of 10 Hyliion Hybrid Electric units earlier this spring. The program and deployment generated further interest in the Hypertruck ERX solution and a longer-term commercial relationship with Hyliion.
“We are thrilled to add another chapter to a growing relationship with a business that shares our vision for reducing carbon emissions in the commercial transportation industry. Detmar is setting the pace with their commitment to alternative fuels and their readiness to power their entire fleet with low emission solutions,” Thomas Healy, founder and CEO of Hyliion, said. “The demand for the Hypertruck ERX is continuing to expand, especially from companies who are already operating our hybrid systems and are actively growing the size of their fleets. Hyliion’s technology offers practical solutions that empower fleets to make environmentally conscious decisions while realizing superior performance, lower operating costs and flexibility.”
“We are very excited for the opportunity to reserve a large order of Hypertruck ERX units and be one of the first trucking companies to define our path to full electrification in a bold way. Hyliion has been an exceptional partner as we’ve converted our trucks to their diesel hybrid system, and the positive feedback we’ve received from our customers is only matched by their interest in achieving net-negative carbon emissions with RNG. It’s certainly opening new doors for our business,” Matt Detmar, president and CEO of Detmar Logistics, said. “Our drivers are also eager to get behind the wheel of this new technology. They’ve had an outstanding experience with the hybrid trucks and their anticipation for the Hypertruck ERX is even greater.”
Hyliion will begin showcasing Hypertruck ERX demonstration units to the Detmar Logistics team in late 2021, with trials running in 2022. The purchase and sale of the 300 Hypertruck ERX units is subject to the execution of a final agreement between Hyliion and Detmar Logistics.
Any relationship with a parent is fraught with complications. And equipment finance businesses sometimes find themselves in difficult family situations— grateful for a home and support but knowing that their vision and expertise is sometime at odds with the parent.... read more
Young leaders can breathe new life into an organization by sharing their ideas and advice. In interviews with 2021 Monitor NextGen Leaders, we asked an important question: What would be your top priority if you were appointed CEO of an... read more