Allison Transmission Launches eGen Power 85S To Boost Its Propulsion Solution Portfolio
Portfolio Pulse from Lekha Gupta
Allison Transmission Holdings Inc (ALSN) has launched eGen Power 85S axles, a new addition to its fully electric axles family. The product will be integrated into Isuzu Novo VOLT fully electric buses, marking the first time an eGen Power e-Axle has been used in a midi bus application. In August, ALSN secured a contract from Mack Trucks for its 4500 Rugged Duty Series (RDS). As of June 30, 2023, the company's cash and equivalents stood at $351 million.
October 06, 2023 | 2:53 pm
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POSITIVE IMPACT
The launch of eGen Power 85S axles and its integration into Isuzu Novo VOLT buses could potentially boost Allison Transmission's market presence and revenues. The company's financial position is also strong with cash and equivalents of $351 million.
The launch of a new product and its integration into a new market segment (midi bus application) could potentially increase Allison Transmission's market share and revenues. The company's strong financial position also indicates its ability to invest in further growth and innovation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100