IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis
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Recently awarded funding from the Federal Transit Administration will bolster the transit agency’s efforts to replace older buses with fully electric-capable alternatives.
INDIANAPOLIS, July 25, 2023 – Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo) is applying its recent $19 million grant from the Federal Transit Administration’s (FTA) 2023 Low
or No Emission and Grants for Buses and Bus Facilities Competitive Programs toward expanding its fleet of 40-foot GILLIG buses equipped with the Allison eGen Flex™ electric hybrid propulsion system. The new buses will replace older vehicles in IndyGo’s
fleet with clean, quiet, modern transportation that will help reduce emissions and improve air quality and service reliability.
“Receiving this money for these buses will further the progress we’ve already made as we work to continually reduce harmful emissions in the downtown core of Indianapolis,” said Inez Evans, President and CEO, IndyGo. “We’re grateful for these funds and
the continued support from the FTA in helping empower us to come closer to reaching our near-zero emissions goals and safely move Indianapolis forward.”
The Allison eGen Flex is capable of operating up to 50% of a bus’s route in engine-off mode. The system’s electric-only mode is activated through geofencing technology and eliminates engine emissions and noise while loading and unloading passengers and
when operating in pre-defined dense pedestrian areas and zero-emission zones. To date, electric hybrid buses that IndyGo has put into service have saved over 20,000 metric tons of CO2 emissions and over 2,000,000 gallons of diesel fuel.
“We’re honored to play a critical role in advancing clean public transportation in Indianapolis and supporting IndyGo’s sustainability goals,” said Rohan Barua, Vice President, North America Sales, Global Channel and Aftermarket at Allison Transmission.
“Allison has been manufacturing electric hybrid propulsion solutions for the transit market for nearly 20 years, and we remain committed to collaborating with transit agencies nationwide to support them in their transition to net-zero emissions technology.”
25 Jul, 2023
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.
Legal
This press release contains forward-looking statements. The words “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management’s good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: our participation in markets that are competitive; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs, including with respect to electric hybrid and fully electric commercial vehicles; increases in cost, disruption of supply or shortage of labor, freight, raw materials, energy or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of geopolitical risks, wars and pandemics; global economic volatility; general economic and industry conditions, including the risk of recession; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers or suppliers; the highly cyclical industries in which certain of our end users operate; uncertainty in the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of any one of these; the failure of markets outside North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; U.S. and foreign defense spending; risks associated with our international operations, including acts of war and increased trade protectionism; 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 identify, consummate and effectively integrate acquisitions and collaborations; risks related to our indebtedness; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. 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 and risks related to our indebtedness.
SOURCE Allison Transmission Holdings Inc.