New Flyer To Offer Allison's eGen Flex Electric Hybrid Propulsion System

  • Allison Transmission Holdings Inc ALSN has announced New Flyer Industries Canada ULC and New Flyer of America Inc (New Flyer) will begin offering eGen Flex electric hybrid propulsion system in early 2022.
  • New Flyer is a transit bus manufacturer and a subsidiary of NFI Group Inc NFYEF.
  • Allison's eGen Flex system is capable of full-electric drive for up to 10 miles. It improves fuel economy by up to 25% versus a conventional clean diesel bus.
  • Price Action: ALSN shares closed lower by 1.08% at $35.74 on Tuesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsSmall CapBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!