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Bloomberg Intelligence
SCOTUS Tax Ruling, US Housing
Jun 20, 2024
Bloomberg Legal Analyst June Grasso talks SCOTUS tax ruling. U.S Homebuilding Analyst Drew Reading discusses housing data. Technology Analyst Woo Jin Ho covers Dell's AI factory for Musk. McDonald’s competes with new promo. Hyliion CEO talks off grid power.
36:56
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Quick takeaways
- Hylian pivoted from EV trucking to power generation due to slow EV adoption and rising costs.
- Hylian's Carnot generator offers fuel-agnostic power solutions for various applications, reducing dependence on traditional grid infrastructure.
Deep dives
Shift to Power Generation Market
Hylian, a company that initially focused on long-haul EV trucking, decided to pivot to the power generation market as the EV adoption rate was slower than expected and costs were rising. They introduced the Carnot platform, a generator that can produce power ranging from 200 kilowatts for commercial use to megawatts for larger applications like data centers. This shift was driven by the need for alternatives in power generation to meet growing demands.
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