Allison Transmission to Announce New Milestones for its Electrification Portfolio at IAA Transportation 2022
Allison will showcase the newest addition to its eGen Power® family of electric axles, and the latest developments with its OEM partners.
SLIEDRECHT, The Netherlands, July 6, 2022 – Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for medium and heavy-duty commercial vehicles, will be introducing
its latest electric axle, part of the Allison eGen Power® family, at IAA Transportation 2022 (September 20 - 25, Hanover, Germany, Hall H12, Stand D44).
eGen Power is a drop-in solution compatible with many existing chassis, helping OEMs to accelerate their vehicle development programs. It features fully integrated electric motors, a two-speed gearbox, integrated oil cooler and pumps for optimal efficiency
and performance. The twin-motor eGen Power 100D version has a continuous output of 454 kilowatts and a peak output power of 652 kilowatts, making it one of the most powerful electric axle solutions on the market.
Allison also offers the eGen Power 130D, a 13 tonne variant of the 100D, specifically designed for the European and Asia Pacific markets, and the single motor, 10.4 tonne rated eGen Power 100S, ideal for many medium and heavy-duty applications. Allison
is continuously expanding its portfolio of electric propulsion products, and will be introducing a new fully integrated eGen Power e-Axle at IAA.
Visitors to the Allison booth at IAA 2022 are invited to explore the eGen Power e-Axles and Allison’s fully automatic transmissions via an interactive augmented reality experience where they will be able to get a 360° view of each products’
external and internal components. Allison will also have the zero emissions capable eGen Flex electric hybrid solution on display as well. Allison technical experts will be available to provide information on the full range of products and technologies
offered by the company and to discuss the transition to electrification.
06 Jul, 2022
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified
propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach),
motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more
than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis,
Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.