Allison Transmission Hldgs Inc Stock Price, News & Analysis

Allison Transmission announced that Jackie Bolles has been appointed as Executive Director of Treasury and Investor Relations, effective October 17. Bolles brings over a decade of experience at Allison, where she previously served as executive director, deputy general counsel, and chief compliance officer. In her new role, she will manage investor relations and oversee cash management and forecasting activities, strengthening the company's financial strategies and communications with stakeholders.

Allison Transmission (NYSE: ALSN) has launched the eGen Force™ electric hybrid propulsion system for tracked combat vehicles, specifically designed for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. This system is suitable for 50-ton vehicles and scalable to 70 tons for future Main Battle Tank needs. It integrates an electric motor and inverter for enhanced mobility and soldier survivability. With established components from the Abrams Main Battle Tank, the eGen Force demonstrates a high efficiency range and significant electrical power generation. Testing is set to progress in 2023.

Allison Transmission Holdings (NYSE: ALSN) will hold its third quarter 2022 financial results conference call on October 26, 2022 at 5:00 p.m. EDT. CEO David S. Graziosi and CFO G. Frederick Bohley will discuss the company’s performance. Financial results will be released post-market on the same day. Investors can dial in at 1-877-425-9470 or access a live webcast at ir.allisontransmission.com. A replay will be available from 8:00 p.m. EDT on October 26 until 11:59 p.m. EDT on November 2.

Allison Transmission (NYSE: ALSN) announced the introduction of the Isuzu FVR 18.5T truck, which is equipped with the Allison 3000 Series™ 6-speed fully automatic transmission. This new medium-duty truck was launched in Taiwan, aimed at enhancing pickup and delivery capabilities in urban environments. Designed for compliance with Euro 6 emission standards, the FVR 18.5T features multiple wheelbase options, improved fuel efficiency, and offers flexibility for various utility applications. The collaboration is expected to provide significant economic value to fleet operators in Taiwan.

Allison Transmission has unveiled the eGen Power® 130S at IAA Transportation in Hanover, Germany. This new fully electric axle is designed for commercial vehicles in Europe and Asia Pacific, supporting a 13-ton gross axle weight rating. Key features include a single motor producing 225 kilowatts of continuous power, a peak of 325 kilowatts, and 26,000 newton meters of torque. The 130S features a two-speed gear architecture and 100% regenerative braking. This launch expands Allison's eGen Power family aimed at meeting diverse customer demands in the electrification landscape.

Allison Transmission has entered a strategic agreement with Anadolu Isuzu to integrate its eGen Power® 100S electric axles into light-duty truck and midibus platforms. This collaboration aims to enhance vehicle performance, lower emissions, and support public transportation initiatives. The eGen Power 100S offers a continuous power output of 304 hp and peak power of 437 hp, making it a robust solution in its category. This partnership continues their decade-long relationship and aligns with European emission reduction efforts.

Allison Transmission has announced its eGen Power® 130D e-Axle will be used in QUANTRON’s first hydrogen-powered fuel cell electric vehicle (FCEV), a heavy-duty truck designed for long-distance applications. This vehicle, which integrates advanced technology including two electric motors and a two-speed transmission, was unveiled at IAA in Hanover, Germany. With 54 kg of hydrogen storage and up to 700 km range, the vehicle demonstrates Allison’s commitment to sustainable transport solutions.

Allison Transmission announced a significant contract with the Santa Clara Valley Transportation Authority (VTA) for the supply of buses featuring the eGen Flex™ electric hybrid propulsion system. This order represents the largest to date for the eGen Flex, capable of reducing fuel consumption by up to 25% compared to conventional diesel buses. The system can operate in electric-only mode for up to 10 miles or 50 minutes multiple times daily, supporting sustainable transit initiatives. This partnership highlights Allison’s commitment to providing eco-friendly transportation solutions.