Allison Transmission partners with Maryland Transit Administration to bring eGen Flex®-Equipped Electric Hybrid Buses to Baltimore
Rhea-AI Summary
Allison Transmission (NYSE:ALSN) has announced a partnership with the Maryland Department of Transportation Maryland Transit Administration to deploy New Flyer buses equipped with the eGen Flex® hybrid propulsion system in Baltimore. The 40-foot electric-hybrid buses will be manufactured in 2025.
The innovative eGen Flex system features geofencing technology that enables up to 50% engine-off operation during routes and delivers up to 25% improved fuel economy compared to conventional diesel buses. The system aims to help reduce emissions and noise while providing cost benefits for municipalities.
Positive
- eGen Flex system enables up to 50% engine-off operation during routes
- Up to 25% improved fuel economy compared to diesel buses
- Strategic partnership with Maryland Transit Administration expands market presence
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ALSN declined 1.26%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
"We are proud to partner with MDOT to bring our eGen Flex hybrid electric solution to
For more information on the Allison eGen Flex, visit AllisonTransmission.com.
About Allison Transmission
Allison 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
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SOURCE Allison Transmission, Inc.