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Jing jin electric9/10/2023 Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, and off-highway vehicles and equipment (energy, mining and construction applications). We will together make our customers successful in this great transformation toward carbon neutral and zero emission transportation.”Īllison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works. “Our global manufacturing presence and supply chain will make our products highly cost competitive. JJE and Allison will combine our best competencies to create the most powerful, most efficient and most reliable electrified powertrains for our global commercial vehicle customers,” said Ping Yu, Chairman and Chief Executive Officer, Jing-Jin Electric. “Commercial vehicle’s electrification will be one of the greatest contributors to carbon peaking and carbon neutrality. “Both Allison and JJE share a common goal of developing and supporting industry-leading fully integrated electrified propulsion systems and this collaboration will uniquely position us to meet the growing demands and needs of the marketplace.” Graziosi, Chairman and Chief Executive Officer of Allison Transmission, Inc. We continually strive to develop solutions that will meet our mission to help our customers work more efficiently and Improve the Way the World Works,” said David S. “The growing needs of our OEM customers and end-user vehicle owners for highly efficient electrified propulsion solutions is what drives our pursuit of innovation. ![]() ![]() In addition, Allison has committed to provide debt financing in support of JJE North America’s commercial vehicle electric drive product development, testing and manufacturing acceleration efforts. ![]() Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party. The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. The combined capabilities will enable the strategic collaboration partnership to offer innovative and reliable electrified propulsion solutions, to commercial vehicle manufacturers around the world. JJE brings more than 10 years of experience in industry leading electric motors and power electronics, as well as central and direct drive electrified propulsion architectures. Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization.
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