Hyliion Holdings signs LOI with ANA to procure up to six Karno generators

Hyliion Holdings announced the signing of a non-binding letter of intent, or LOI, with ANA Inc., a provider of solutions in the mobile industrial equipment industry. ANA plans to procure up to six Karno generators and launch a pilot trial with their customers in the mobile power generation application. The initial deployment will feature one 200kW unit in 2025, with plans to expand to five additional 200kW units across multiple sites following successful validation.