TPI Composites Manufactures Structural Composites For The Development Of The International SuperTruck II
Portfolio Pulse from Benzinga Newsdesk
TPI Composites, Inc. (NASDAQ:TPIC) has partnered with Navistar, Inc. to develop an all composite cab, trailer box, and aero package for the International SuperTruck II. The project, co-funded by the U.S. Department of Energy and Navistar, resulted in a Class 8 vehicle that demonstrates the future of hybridization and aerodynamics. The use of composites led to significant weight reduction and design flexibility, with the SuperTruck II shedding 500 lbs. compared to its predecessor.
August 22, 2023 | 8:10 pm
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POSITIVE IMPACT
TPI Composites' partnership with Navistar for the development of the International SuperTruck II showcases the company's expertise in composite design and material. This could potentially attract more partnerships and boost the company's reputation in the industry.
The successful development of the International SuperTruck II, which showcases the benefits of using composites, could potentially attract more companies to partner with TPI Composites for similar projects. This could lead to an increase in the company's revenues and positively impact its stock price in the short term.
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