Allison Expands eGen Power® Family of Electric Axles to Provide Additional Offering for European and Asia Pacific Markets
INDIANAPOLIS, September 20, 2022 – Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, announced the new eGen Power® 130S, the latest product
to be introduced to the company’s eGen Power family of fully electric axles, this week at IAA Transportation in Hanover, Germany.
Key components of the 130S including the new suspension systems, V-rod brackets, banjo housing, brakes, wheel ends and axle spindle were designed specifically to support the heavier 13-ton gross axle weight rating, which is often required by commercial
vehicles in Europe and Asia Pacific markets. The 130S uses a single motor to generate 225 kilowatts of continuous power, with a peak power of 325 kilowatts, and 26,000 newton meters of torque at the wheels. It also features a two-speed parallel axis
gear architecture, efficiently meeting application launch and highway cruise demands, while maximizing energy recovery through 100% regenerative braking capability. The 130S joins the eGen Power line-up of e-Axles, which includes the 100D, introduced
in 2020, as well as the 130D and 100S introduced in 2021.
“The introduction of the eGen Power 130S is representative of Allison’s global approach to electric vehicle propulsion. We understand that there is no one-size-fits-all approach when it comes to electrification and a variety of products will
be needed to address the wide range of markets Allison serves,” said Heidi Schutte, Allison Transmission Vice President EMEA, APAC & South America Sales. “We are pleased to expand our eGen Power family of e-Axles once again in order
to deliver an additional electric propulsion solution for European and Asia Pacific markets.”
The eGen Power series of fully electric axles are modular and designed for installation and easy integration into existing vehicle chassis. Allison’s portfolio of e-Axle models has been developed to address the diverse needs of Allison’s customers
as they evaluate electric vehicle capabilities to meet the rigorous demands of the commercial vehicle market.
For more information on Allison’s eGen Power family, please visit https://www.allisontransmission.com/ev-solutions/egen-power.
20 Sep, 2022
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.