About Us

about us vanOur Company

We are the leading developer and provider of simple, smart, sustainable hybrid electric solutions for the commercial vehicle market.

Our systems deliver a cost-effective solution that enables commercial and municipal fleets to quickly and efficiently reduce transportation fuel consumption, lower operating costs, and measure performance to meet corporate sustainability goals.

We are the pioneering developer of hybrid electric powertrains that are simple, smart, and sustainable. Our systems deliver approximately, on average up to 20% fuel and CO2 emissions savings with 99.9+% fleet uptime on major OEM platforms.

Recognized as one of The 2014 World’s 50 Most Innovative Companies 2014 by Fast Company, we support national fleets such as The Coca-Cola Company, FedEx, and PepsiCo. Our customers also include transportation, municipal, and utility fleets.

Our XL3® Hybrid Electric Drive System is a revolutionarily simple solution that delivers up to a 25% increase in miles per gallon and reduces carbon dioxide emissions. Compatible with new and existing Class 2, 3, 4, 5 and 6 commercial fleet vehicles, including cargo vans, passenger wagons, cutaways, and stripped chassis, the XL3 system can be installed in less than six hours. It works seamlessly in the background with zero impact on fleet operations or service and no driver training or infrastructure requirements.

XL Hybrids was founded in 2009 by MIT alumni and is based in Boston, MA.

 

Our Team

Our team is dedicated to beating big oil by giving fleets a cost-effective way to reduce fuel consumption and meet sustainability goals.

Tod Hynes1
Tod Hynes,
President & Founder
clay siegert
Clay Siegert,
Chief Operating Officer
edward lovelace
Dr. Edward Lovelace,
Chief Technology Officer
neal isaacson
Neal Isaacson,
Chief Financial Officer
Tod Hynes
President & Founder
Tod founded XL Hybrids in 2009 and leads the company’s corporate strategy and operations. Tod is also a Senior Lecturer at the Massachusetts Institute of Technology (MIT), where he has taught graduate course, Energy Ventures, since 2008. Previously, Tod was director of alternative energy at Citizens Energy where he launched the company’s wind development business. Prior to Citizens Energy, Tod founded a consulting and engineering company in distributed power generation. Tod also co-founded the MIT Clean Energy Prize and co-chaired the Energy Committee of the Coalition for Environmentally Responsible Conventions (CERC), the organization that greened the 2004 U.S. presidential Democratic National Convention and Republican National Convention. He has a Bachelor of Science in management science from MIT.
Clay Siegert
Chief Operating Officer
Clay is responsible for leading sales, supply chain and production at XL Hybrids. Prior to co-founding XL Hybrids, Clay was in strategic roles at Hudson Capital Group, an energy commodity trading firm, Smart Energy, a deregulated electricity and gas supplier, and Start Space, a consumer products company. Clay earned a master’s degree in Supply Chain Management from MIT, and a bachelor’s degree from Trinity College. While at MIT, Clay conducted his thesis on strategies for grid-scale energy storage applications. Clay also co-authored an MIT Center for Transportation & Logistics research study on vehicle-to-grid opportunities for corporate fleets.
Dr. Edward Lovelace
Chief Technology Officer
Ed has 25 years of leadership experience in electric power conversion technology and product development for hybrid/electric powertrain and electric power generation applications. Formerly CTO and executive vice president of engineering at Free Flow Power, a renewable generation project development company focused on hydropower, he led the development of a hydrokinetic turbine system that generated energy from the Mississippi River currents. Previously, Ed was director of engineering development at Satcon, a leading U.S. alternative energy electric power conversion company, and prior to that was with the General Electric Aircraft Engine business. Ed was a DOT/FHWA Eisenhower Doctoral Fellow for the MIT-Industry Consortium on Advanced Automotive Electrical/Electronic Components and Systems. He has a Bachelor of Science and a Master of Science in mechanical engineering, and a Master of Science and Doctorate in electrical engineering from MIT.
Neal Isaacson
Chief Financial Officer
Neal leads the company’s finance and administrative functions, as well as legal, human resources, and facilities. He is a financial industry veteran with more than 25 years of experience in strategic financial planning, global cash management and debt and equity financings in the technology and cleantech industries. His diverse background blends public company experience with the high-growth, fast-paced environment of early-stage venture-backed companies, including the industry-recognized IPO of EnerNoc. Previous CFO roles include Open Blue and Ze-gen, EnerNoc (NASD: ENOC), Ucentric Systems; and founder, CFO and director of Cignal Global Communications, Inc. Neal has a bachelor’s degree in accounting from the University of Massachusetts and is a member of the American Institute of Certified Public Accountants and Massachusetts Society of Certified Public Accountants.

Awards

Our revolutionary technology has been recognized for its simplicity,
sustainability, and results.
Inc. Magazine 2014 – Best-Designed American-Made Product: Transportation

"XL Hybrids provides a clever and easy-to-install solution for reducing fuel use and carbon-dioxide emissions for commercial fleets." Read More >

CERAWeek 2014 – Energy Innovation Pioneer

"XL Hybrids epitomizes an Energy Innovation Pioneer. Their hybrid powertrain system is economic today, highly scalable and significantly reduces fuel consumption." Read More >

Fast Company 2014 – World’s #3 Most Innovative Company in Energy

"For siphoning gas-guzzlers off the road." Read More >

Boston Business Journal 2012 – Best Green Practices Award Winner

"These businesses that have made great strides in bringing greater sustainability to the workplace, to their customers and to their community." Read More >

Electronic Designs 2011 – Best of New Technologies / Components

"The great new innovations that have been introduced in the last year." Read More >

Global Cleantech 100 Ones to Watch

XL Hybrids is an upcoming company that is catching the eye of leading players in the market. Read More >