The Aldergrove Star reports that FTI Consulting, which was appointed as the company’s receiver and manager last year, decided against selling the assets en masse, following ten responses to a public invitation for purchase offers.

Locations affected by the measures include Gilching, Hengersberg, Neubrandenberg, and Utting, in addition to the headquarters.

Hyliion’s founder and CEO, Thomas Healy, told show delegates that the company has exited the EV powertrain market and is now focused on the “distributed power networks of the future”, where charging operators and data centres will make their power “at the end location” rather than depending on the grid.

The autonomous e-ATAK is also operating in Switzerland and Finland.