IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis
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.
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.