American Power Group's V7000 Dual Fuel Solution Receives New EPA Approval to Convert Cummins X15 Heavy-Duty Truck Engine Model Years 2018-2023

Rhea-AI Summary

American Power Group (OTC Pink: APGI) announced EPA approval to convert Cummins X15 heavy-duty diesel engines model years 2018–2023 using its V7000 dual fuel solution, extending APG's continuous EPA HD IAV approvals to cover 2005–2023. The company requested EPA extension to include 2024.

The release references APG's upgraded V7000 (announced 2025), estimated fleet economics versus a new natural gas truck (avoiding a $300,000+ purchase), and third-party emissions testing by E2A. APG estimates 1,000 converted Class 8 trucks at 50% displacement would use ~11 million GGEs natural gas; 25,000 trucks ≈ 275 million GGEs, and 25,000 running dairy RNG at 50% displacement could cut ~12.5 million tons CO2.

Positive

• EPA approval to convert Cummins X15 model years 2018–2023
• Continuous EPA HD IAV approvals extended to cover 2005–2023
• Upgraded V7000 dual fuel solution announced in 2025
• $300,000+ potential capital avoidance per truck versus new dedicated NG truck
• Estimated natural gas demand: 25,000 trucks → 275 million GGEs at 50% displacement

Negative

• Company has lost money in prior fiscal years and may need additional financing
• Outstanding conversion quotes (not guaranteed) for $5 million+ may not convert to orders
• Reliance on third parties for manufacturing, distribution, and installation
• Stock is thinly traded and may be volatile; option/warrant exercises could dilute shareholders

News Market Reaction

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On the day this news was published, APGI declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Expands Existing 500+ EPA Engine Family Conversion Approvals

ALGONA, IA / ACCESS Newswire / January 20, 2026 / American Power Group Corporation (OTC Pink:APGI) the leading U.S. based dual fuel diesel engine conversion technology company is pleased to announce it has received approval from the U.S. Environmental Protection Agency ("EPA") to convert Cummins X15 heavy-duty diesel engine model years 2018-2023 to APG's dual fuel solution. APG now has a continuous set of EPA HD IAV Cummins 14.9L ISX and X15 approvals for model years 2005 through 2023. We have also requested EPA to extend the approval to include engine model year 2024 given the functional similarities with model year 2023.

Chuck Coppa, APG's CEO/CFO stated, "It has been several years since we last sought EPA approval for newer Class 8 engines but with the completion of our upgraded V7000 dual fuel vehicular solution announced in 2025 and listening to prospective customers we felt the time was right to begin addressing newer engines. We chose the 2023 Cummins X15 because over the past decade, Cummins engine families have dominated the approximate 2 million late-model Class 8 diesel trucks operating in the U.S. according to Transport Topics."

Mr. Coppa added, "Many fleets are keeping their trucks longer due to uncertain economic times and an overall slowdown in demand. Utilizing APG's vehicular dual fuel solution, fleet owners can avoid spending $300,000+ on a new dedicated natural gas heavy-duty truck or other alternative fuel solution by investing only a fraction of that cost on upgrading their existing diesel truck engines with our dual fuel solution and an appropriate natural gas storage tank."

Mr. Coppa concluded, "We are a viable, cost-effective solution for fleets to begin realizing the economic and environmental benefits of using natural gas as a transportation fuel as well as provide natural gas dispensing companies with an immediately available solution to drive demand. Based on annual statistical fuel consumption information obtained from the American Trucking Association, for every 1,000 of the estimated 3 million Class 8 heavy-duty SCR trucks operating in the U.S. converted to run APG's V7000 dual fuel solution, we estimate they would consume approximately 11 million GGEs ("Gasoline Gallon Equivalents") of natural gas at a 50% displacement rate. If this adoption rate increased to 25,000 trucks or approximately 1% of the overall market, the estimated total natural gas consumption would increase to 275 million GGEs. In addition, if those 25,000 trucks were running dairy RNG at a 50% displacement rate, the estimated overall reduction in CO2 would be approximately 12.5 million tons given the beneficial emission related properties of using dairy RNG."

Matt Van Steenwyk, APG's Chairman added, "The results that we produced running the Cummins X15 were just incredible and underscores why APG's dual fuel solution is considered the industry's best. We believe there is an opportunity to leverage what we've learned with the X15 testing and our V7000 to expand our dual fuel product offerings into new stationary prime power markets that we are exploring given the current softness in the oil/gas drilling market. With that said, we are at an inflection point in our commercialization efforts and will be actively seeking out strategic partners, partnerships or other strategic relationships to help accelerate our efforts to further dual fuel adoption on a broader scale."

APG utilized third-party emissions test lab, Energy Environmental Analytics ("E2A"), a leader in verifying engine performance and emission control in heavy-duty engines that are fueled by a variety of dedicated and alternative fuel solutions. E2A's main thrust is to perform emissions testing on heavy-duty engines and is one of the few engine test labs in the U.S. recognized by both California and Texas Air Quality Boards.

About Energy Environmental Analytics (www.e2-a.com)

Energy Environmental Analytics ("E2A") mission is to lead research and development of those technologies that will provide for sustainable transportation and power systems in the future. E2A continues to be a market leader in advanced engine testing, research and development. E2A performs leading-edge engine testing and analysis across both light and heavy-duty platforms. The combination of E2A's expertise and operational flexibility enables customized rig development and procedures that help advance and refine the engines of tomorrow.

About American Power Group Corporation (www.americanpowergroupinc.com)

American Power Group's subsidiary, American Power Group Inc., ("APG"), provides cost-effective alternative fueling solutions for diesel engines to significantly reduce methane criteria pollutants and help accelerate a low-carbon future. APG's Dual Fuel conversion technology is a unique patented hardware and software solution that enables high-horsepower diesel engines to safely displace up to 65% of diesel fuel with natural gas. Engines equipped with APG's Dual Fuel technology can use renewable natural gas (RNG), compressed natural gas (CNG), liquefied natural gas (LNG), captured flare-stack methane and conditioned well-head gas resulting in lower cost, lower carbon, and lower criteria pollutant emissions. Additionally, APG's Dual Fuel conversion technology remains fully compatible with eligible biodiesel blends and renewable diesel fuels further reducing a diesel engine's carbon footprint and provide users with a proven regulatory compliant technology.

Caution Regarding Forward-Looking Statements and Opinions

The matters described herein contain forward-looking statements and opinions, including, but not limited to, statements relating to outstanding dual fuel conversion quotes for $5 million + and our ability to turn these quotes into actual orders. These forward-looking statements and opinions are neither promises nor guarantees but involve risks and uncertainties that may individually or mutually impact the matters herein, and cause actual results, events, and performance to differ materially from such forward-looking statements and opinions. These risk factors include, but are not limited to, the fact that we may not be able to convert the $5 million+ of quotes into actual orders, the fact our dual fuel conversion business has lost money in prior fiscal years and the risk that we will require additional financing to grow our business, the fact that we rely on third parties to manufacture, distribute and install our products, we may encounter difficulties or delays in developing or introducing new products and keeping them on the market, we may encounter lack of product demand and market acceptance for current and future products, we may encounter adverse events or economic conditions, we operate in a competitive market and may experience pricing and other competitive pressures, we are dependent on governmental regulations with respect to emissions, including whether EPA approval will be obtained for future products and additional applications, the risk that we may not be able to protect our intellectual property rights, factors affecting the Company's future income and resulting ability to utilize its NOLs, the fact that our stock is thinly traded and our stock price may be volatile, and the fact that the exercise of stock options and warrants will cause dilution to our shareholders. Readers are cautioned not to place undue reliance on these forward-looking statements and opinions, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements and opinions that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Relations Contact:

Chuck Coppa, CEO/CFO
American Power Group Corporation
978-729-9183
ccoppa@apgdualfuel.com

SOURCE: American Power Group Corporation

View the original press release on ACCESS Newswire

FAQ

What did APGI announce on January 20, 2026 regarding EPA approvals?

APGI announced EPA approval to convert Cummins X15 engines model years 2018–2023 with its V7000 dual fuel solution and requested extension to include 2024.

How many Cummins engine model years does APG now have continuous EPA approvals for?

APG stated it now has continuous EPA HD IAV approvals covering Cummins engines from model years 2005 through 2023.

What fuel consumption impact did APGI estimate for conversions of Class 8 trucks?

APG estimated 1,000 converted trucks at 50% displacement would use ~11 million GGEs; 25,000 trucks would use ~275 million GGEs.

What cost savings did APGI claim fleets could see by converting to V7000 instead of buying new NG trucks?

APG cited fleets can avoid buying a new dedicated natural gas truck costing $300,000+ by upgrading existing diesel trucks with its dual fuel solution.

Does APGI disclose risks investors should consider after the EPA approval?

Yes; APGI cautioned it has lost money in prior years, may need additional financing, relies on third parties, and has thin trading/possible dilution risks.