EnerDel Energy Solutions and Allison Transmission Renew Strategic Relationship for Five More Years
EnerDel and Allison Transmission have renewed their strategic partnership, naming EnerDel's Vigor+ battery pack as an approved OEM replacement.
Sentiment and the balance of points
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Rhea-AI Summary
EnerDel and Allison Transmission have renewed their strategic partnership, naming EnerDel's Vigor+ battery pack as an approved OEM replacement. The Vigor+ pack is compliant with the Buy America Act and is compatible with the Allison Hybrid H 40/H 50 EP™ system for electric hybrid buses globally. This renewed agreement lasts for five more years, further establishing EnerDel as a key player in the lithium-ion energy storage market for transit companies looking to upgrade fleets. The Vigor+ pack is now available with options for long-term service agreements and extended warranties.
Positive
- Renewed strategic partnership with Allison Transmission for five more years.
- Vigor+ battery pack approved as OEM replacement, enhancing market positioning.
- Buy America compliance facilitates appeal to transit companies.
Negative
- None.
Details
News Market Reaction – ALSN
The recorded move for ALSN in the trading session of this news was +0.59%.
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The drop-in ready Vigor+ pack is available now. Long-term service agreements and extended warranties are available as options from
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SOURCE EnerDel Energy Solutions
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