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Allison Transmission partners with Maryland Transit Administration to bring eGen Flex®-Equipped Electric Hybrid Buses to Baltimore

1. MDOT selects New Flyer buses with eGen Flex for Baltimore operations. 2. Buses will significantly reduce emissions and noise through geofencing technology. 3. eGen Flex improves fuel economy by up to 25% versus diesel buses. 4. Allison positions itself for sustainability goals in public transport solutions. 5. Announcement strengthens Allison's role in the electric vehicle market.

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FAQ

Why Bullish?

The partnership with MDOT enhances ALSN's growth potential in the green transport sector, similar to previous contracts that positively affected stock prices around public transit contracts.

How important is it?

The article underscores a strategic win in a growing market segment, enhancing ALSN's competitive position.

Why Long Term?

Sustainability in public transport will be a long-term trend, likely improving ALSN's revenue over time as cities adopt greener technologies.

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, /PRNewswire/ -- Allison Transmission is pleased to announce the Maryland Department of Transportation Maryland Transit Administration has selected New Flyer buses equipped with the Allison eGen Flex® hybrid propulsion system to operate in the metropolitan Baltimore region. The 40-foot electric-hybrid buses will be built in 2025. The eGen Flex system is engineered to advance the efficiency of public transportation and help cities reduce their carbon footprint. The eGen Flex system is engineered to advance the efficiency of public transportation and help cities reduce their carbon footprint. The propulsion solution's innovative geofencing technology allows buses to operate up to 50% of their route in engine-off mode, which leads to a substantial reduction of both emissions and noise. The eGen Flex also offers improved fuel economy of up to 25% compared to diesel buses, demonstrating bottom-line benefits for municipalities around the world. "We are proud to partner with MDOT to bring our eGen Flex hybrid electric solution to Baltimore," said Rohan Barua, Vice President, North America Sales, Global Channel and Aftermarket at Allison Transmission. "Allison is committed to working with OEMs and transit agencies to provide innovative solutions that help reduce emissions. The eGen Flex system can be implemented now to help cities achieve their sustainability goals as the industry continues to evaluate low emission technology." For more information on the Allison eGen Flex, visit AllisonTransmission.com.About Allison TransmissionAllison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway vehicles (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining, construction and agriculture) 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.SOURCE Allison Transmission, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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