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Hyliion Holdings KARNO Power Module qualifies for 30% tax credit

Hyliion Holdings (HYLN) announced that its KARNO Power Module qualifies for a 30% Investment Tax Credit under the newly enacted One Big Beautiful Bill Act. The company stated that under the act, energy projects beginning in 2026 or later that use Hyliion’s KARNO technology will qualify for the 30% tax credit. Founder and CEO Thomas Healy said the legislation represents a meaningful step toward resilient, fuel-flexible energy infrastructure.

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