Allison Transmission to Unveil New 9-Speed Transmission and Update to its eGen Power® Family of Fully Electric Axles at Busworld Europe
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BRUSSELS, October 2023 – Allison Transmission will showcase its latest innovations at the highly anticipated Busworld Europe trade show taking place October 7-12 in Brussels. Allison will announce two major milestones in its product line-up:
the new 9-Speed transmission and a significant update to the Allison eGen Power® family of fully electric axles in its booth (Hall 6, Booth 618).
Allison’s new 9-Speed transmission has been developed based upon Allison’s proven 2000 Series™ automatic transmission with 6 speeds, which has travelled approximately 200 million kilometers globally. The Allison 9-Speed was designed to meet the demands
of commercial vehicles like an 8-meter midibus with more uptime, improved fuel economy, increased performance and reduced maintenance costs in tough start-stop duty cycles.
With nine forward and three overdrive gears, the Allison 9-Speed stands out through its reduced fuel consumption. While the new 1st and 3rd gears empower more efficient performance at frequent start-stop duty cycles, the new 9th gear provides greater
fuel economy while maintaining performance. The automatic skip shifts and the nine gears to choose from enhance the performance of the vehicle.
Allison will also announce an update to its eGen Power family of fully electric axles, which was first introduced in 2020. The e-Axles are designed to fit between the wheels of medium- and heavy-duty trucks and buses, replacing the vehicle’s traditional
powertrain with electric power. eGen Power is a bolt-in solution compatible and easily customizable to current vehicle frames, suspension and wheel ends, and is well suited to most OEM vehicle assembly processes.
Allison’s wide variety of propulsion solutions will be on display at the Allison booth and will also be showcased in OEM vehicles, including newly launched Allison-equipped vehicles making their debut at Busworld.
06 Oct, 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.
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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.