ALLISON TRANSMISSION

Allison Transmission Completes Acquisition of AVTEC’s Off-Highway Transmission Portfolio and Component Machining Business

Retrieved on:

Thursday, March 31, 2022

Allison Transmission today announced it has completed the acquisition of India-based AVTEC Ltd.s off-highway transmission business and AVTECs Madras Export Processing Zone (MEPZ) off-highway component machining business.

Key Points:

Allison Transmission today announced it has completed the acquisition of India-based AVTEC Ltd.s off-highway transmission business and AVTECs Madras Export Processing Zone (MEPZ) off-highway component machining business.
This acquisition will position Allisons product portfolio for strategic growth in the off-highway segment in India and other global markets that demand purpose-built products that deliver unrivaled performance, durability, reliability and productivity, said Todd Bradford, Vice President, Strategy, Business and Corporate Development at Allison Transmission.
Allison purchased AVTECs off-highway transmission portfolio and MEPZ off-highway component machining assets for $23 million in cash.
With this acquisition, Allison will also integrate AVTECs off-highway component machining operations currently located at the MEPZ facility (Chennai) into Allisons Chennai manufacturing plant to continue producing housings for Allisons off-highway transmissions.

Allison Transmission Announces Collaboration with Freightliner Custom Chassis Corporation on Walk-In Van Program

Retrieved on:

Wednesday, March 9, 2022

Allison Transmission is pleased to announce that uprate variants of the Allison 1000 Series and 2000 Series transmissions will be integrated into Freightliner Custom Chassis Corporations (FCCC) new powertrain combination for its MT walk-in van chassis.

Key Points:

Allison Transmission is pleased to announce that uprate variants of the Allison 1000 Series and 2000 Series transmissions will be integrated into Freightliner Custom Chassis Corporations (FCCC) new powertrain combination for its MT walk-in van chassis.
View the full release here: https://www.businesswire.com/news/home/20220309005309/en/
Uprate variants of Allison Transmission's 1000 Series and 2000 Series, equipped with its next-generation electronic controls platform, will be integrated into Freightliner Custom Chassis Corporations new powertrain combination for its MT walk-in van chassis.
These new Allison transmissions will provide a number of important enhancements and features to the next generation of our MT chassis.
Freightliner Custom Chassis Corp. (FCCC) is a leading manufacturer of gas, diesel and alternative-fuel chassis for the medium-duty pick-up and delivery markets.

Allison Transmission Makes Strategic Equity Investment in Jing-Jin Electric Technologies

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Wednesday, October 20, 2021

Recreational Vehicles, Fleet Management, Alternative Vehicles, Fuels, Public Transport, General Automotive, Automotive, Trucking, Engineering, Automotive Manufacturing, Transport, Other Automotive, Manufacturing, National Medal of Technology and Innovation, Research, IPO, The World's Work, Vaccine, ALSN, Industry, Shanghai Stock Exchange, Partnership, Allison, Adoption, FAW Group, NYSE, Sumathi Best Television Current Reporting Award, Terminology, STAR, Â, Annual report, Forward-looking statement, United Kingdom, Investment, Phrase, Intention, Transmission, COVID-19, SSE, Solution, Government, Science, Science and technology in China, Mining, Allison Transmission, Renewable energy, Risk management, Rail transport, Allison Transmission, Jing-Jin Electric Technologies (JJE), ALLISON TRANSMISSION, JING-JIN ELECTRIC TECHNOLOGIES (JJE)

As part of JJEs upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx.

Key Points:

As part of JJEs upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of 264 million CNY (approx.
Allisons investment in JJE follows the recently announced strategic partnership between the two companies, and an earlier debt financing commitment by Allison that will directly support JJEs North America commercial electric product development, testing, and manufacturing efforts.
This investment, in support of the Allison and JJE collaboration, is an exciting development that highlights Allisons continued commitment to, and investments in, the commercial electric vehicle space, said David Graziosi, Chairman and Chief Executive Officer of Allison Transmission.
In further support of the relationship, Allison is proud to participate in JJEs initial public offering as a strategic investor.

Allison Transmission and SAIC Hongyan Formalize Collaboration on Electric Axle Integration

Retrieved on:

Thursday, September 30, 2021

This builds on the successful relationship between the two companies, where the majority of automatic equipped trucks SAIC Hongyan sells feature Allison automatic transmissions.

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This builds on the successful relationship between the two companies, where the majority of automatic equipped trucks SAIC Hongyan sells feature Allison automatic transmissions.
We are pleased to formalize our collaboration with Allison Transmission on the integration of their eGen Power electric axles into our next generation platforms, said Liu Bin, Deputy Director of Technical Center at SAIC Hongyan.
SAIC Hongyan will be the first Chinese OEM to integrate the eGen Power 130D electric axle into its trucks, which is specifically designed to accommodate vehicles that require a 13-tonne rated axle.
This series of fully integrated electric axles replaces the traditional powertrain, and features two high-speed electric motors and a multi-speed gearbox, providing SAIC Hongyan and their customers with exceptional performance and optimized efficiency.

Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

Retrieved on:

Tuesday, September 21, 2021

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified powertrain solutions for global commercial vehicles.

Key Points:

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified powertrain solutions for global commercial vehicles.
The combined capabilities will enable the strategic collaboration partnership to offer innovative and reliable electrified propulsion solutions, to commercial vehicle manufacturers around the world.
In addition, Allison has committed to provide debt financing in support of JJE North Americas commercial vehicle electric drive product development, testing and manufacturing acceleration efforts.
Established in 2008, JJE is an electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers.

Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

Retrieved on:

Thursday, September 16, 2021

With this acquisition, Allison will also integrate AVTECs off-highway component machining operations currently located at the MEPZ facility (Chennai) into Allisons Chennai manufacturing plant to continue producing housings for Allisons off-highway transmissions.

Key Points:

With this acquisition, Allison will also integrate AVTECs off-highway component machining operations currently located at the MEPZ facility (Chennai) into Allisons Chennai manufacturing plant to continue producing housings for Allisons off-highway transmissions.
This acquisition supports our overarching sourcing and operations strategies, said Mike Dick, Senior Vice President of Operations and Global Purchasing at Allison Transmission.
Allison will pay approximately $27 million in cash for AVTECs off-highway transmission portfolio and MEPZ off-highway component machining assets.
The transaction is subject to completion of certain conditions precedent and is anticipated to close by the end of 2021.

Allison Transmission and Hino Trucks Partner on Class 6, 7 and 8 BEV Trucks for Production in 2023

Retrieved on:

Wednesday, September 1, 2021

View the full release here: https://www.businesswire.com/news/home/20210831006066/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20210831006066/en/
Allison Transmission and Hino Trucks Partner on Class 6, 7 and 8 BEV Trucks for Production in 2023.
We are pleased to continue our longstanding relationship with Hino Trucks in delivering innovative solutions for our mutual customers.
Hino Trucks, a Toyota Group Company, manufactures, sells, and services a lineup of Class 4-8 commercial trucks in the United States.
Learn more about Hino Trucks at http://www.hino.com or follow us on Facebook, LinkedIn, Twitter and YouTube.

Allison Transmission and IndyGo Partner to Bring Electric Hybrid Buses to Indianapolis Public Transit

Retrieved on:

Tuesday, July 13, 2021

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that in partnership with Cummins and GILLIG, has delivered 24 electric hybrid buses to IndyGo, the Indianapolis Public Transportation Corporation.

Key Points:

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that in partnership with Cummins and GILLIG, has delivered 24 electric hybrid buses to IndyGo, the Indianapolis Public Transportation Corporation.
View the full release here: https://www.businesswire.com/news/home/20210713006073/en/
IndyGo is now running Allison-equipped electric hybrid buses for Indianapolis Public Transport.
(Photo: Business Wire)
Allisons H 40 EPTM electric hybrid propulsion system is paired with the Cummins B6.7 in GILLIG buses.
The IndyGo Red Line is the longest fully-battery electric bus rapid transit line in the Midwest and provides service through the heart of Indianapolis.

Allison Transmission Receives Certification from California Air Resources Board for Model Year 2021 Electric Hybrid Propulsion System Paired with Cummins Engines

Retrieved on:

Monday, April 26, 2021

Automotive, General Automotive, Environment, Recreational vehicles, Performance & Special Interest, Alternative Vehicles, Fuels, Hybrid electric buses, Engines, Hybrid electric vehicle, Hybrid vehicle, Allison Transmission, Cummins Inc., ALLISON TRANSMISSION, CUMMINS INC.

b'Allison Transmission Holdings Inc. and Cummins Inc. today announced they have received annual certification from the California Air Resources Board (ARB) for model year 2021 Allison Hybrid 40/50 Electric Propulsion (H 40/50 EP\xe2\x84\xa2) system paired with the Cummins B6.7 and L9 diesel-electric hybrid engines.\nOriginally issued by the ARB in 2014, the dual Executive Order (EO) is required to be reviewed for renewed eligibility on a model year basis.

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b'Allison Transmission Holdings Inc. and Cummins Inc. today announced they have received annual certification from the California Air Resources Board (ARB) for model year 2021 Allison Hybrid 40/50 Electric Propulsion (H 40/50 EP\xe2\x84\xa2) system paired with the Cummins B6.7 and L9 diesel-electric hybrid engines.\nOriginally issued by the ARB in 2014, the dual Executive Order (EO) is required to be reviewed for renewed eligibility on a model year basis.
Additionally, the H 40/50 EP\xe2\x80\x99s regenerative braking system converts the vehicle\xe2\x80\x99s kinetic energy to stored electric energy when decelerating or stopping.
This capability can significantly extend the brake change interval by as much as 350%, reducing maintenance costs.\n\xe2\x80\x9cWe appreciate ARB\xe2\x80\x99s continued renewal,\xe2\x80\x9d said Barbara Chance, Director of Mobile Source Regulatory Compliance for Allison Transmission.
\xe2\x80\x9cAllison was the first electric hybrid propulsion system to be certified in California for transit buses and coaches.

Allison Transmission and Emergency One Formalize Collaboration on Electric Axle Integration

Retrieved on:

Thursday, April 22, 2021

The two companies will integrate the Allison eGen Power\xe2\x84\xa2 100D electric axle into Emergency One\xe2\x80\x99s fire rescue and emergency vehicle platform as part of this MoU.

Key Points:

The two companies will integrate the Allison eGen Power\xe2\x84\xa2 100D electric axle into Emergency One\xe2\x80\x99s fire rescue and emergency vehicle platform as part of this MoU.
View the full release here: https://www.businesswire.com/news/home/20210422005107/en/\nAllison Transmissions eGen Power\xe2\x84\xa2 100D electric axle to be integrated in Emergency One\xe2\x80\x99s fire rescue and emergency vehicle platform.
(Photo: Business Wire)\n\xe2\x80\x9cWe are pleased to formalize our collaboration with Allison Transmission on the integration of their eGen Power electric axles into our E1 EV platform (our \xe2\x80\x9cEV0\xe2\x80\x9d appliances).
I\xe2\x80\x99m confident we\xe2\x80\x99ll continue to deliver that promise.\xe2\x80\x9d\nThe eGen Power 100D electric axle integrates two high-speed electric motors and a multi-speed transmission, eliminating the need for additional drive shafts and support structures.