Why These 15 Electric Vehicle Stocks Are Plunging in 2025

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6. Hyliion Holdings Corp (NYSE:HYLN)

Number of Hedge Fund Holders In Q4 2024: 13

Hyliion Holdings Corp (NYSE:HYLN) is a power generation company, and it was previously a company that made powertrains.

The stock is down significantly so far in 2025 as Hyliion reported a fourth-quarter net loss of $14.4 million, an improvement from the prior year but still significant. Full-year 2024 losses totaled $52 million.

The company projected 2025 revenue of only $10-15 million, with expected cash expenditures of $60 million for KARNO generator development and commercialization.

The consensus price target of $2 implies 40.35% upside.

HYLN stock is down 46.17% year-to-date.

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