Allison Transmission Showcased Innovative Electrification Solutions at COMTRANS 2021
MOSCOW, Russia, September 2021. Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, showcased its latest developments in transportation electrification
at the 16th International Commercial Vehicle Show (COMTRANS).
For the first time in Russia, Allison Transmission has presented the Allison eGen Power™ electric axles, integrated fully electric drive systems for medium- and heavy-duty trucks, as well as the Allison eGen Flex™ electric hybrid system.
The Allison eGen Power e-Axle series is the latest offering in the electrification segment. The development, testing, and deployment of electrified products is one of the top priorities for Allison Transmission. The eGen Power electric axles allow customers
to specify vehicles with improved performance. The Allison eGen Power electric axles are compact, ergonomic, and lighter than other products in the segment, with the electric drive units and inverters fully integrated into the axles.
The Allison eGen Flex electric hybrid system is the next step in the evolution of the proven Allison H 40/50 EP™ hybrid system. Unlike its predecessor, the eGen Flex allows a bus, to completely shut off the engine and drive on electric power only
in designated areas, such as areas with a prohibition on harmful emissions. The vehicle can switch to electric drive automatically using geofencing technology.
In addition to its new offerings, Allison Transmission presented its traditional solutions at COMTRANS 2021. Attendees were be able to learn about the advantages of a fully automatic transmission while viewing an Allison 3000 Series™ fully automatic
transmission in the stand. This transmission is widely used in Russian-made commercial vehicles.
13 Sep, 2021
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 more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
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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.