Allison Transmission and Jing-Jin Electric have agreed a global strategic partnership agreement to accelerate the development of electrified powertrain solutions for commercial vehicles.
The companies say that the partnership will exploit JJE’s electric motor and inverter development and its strong presence in the Chinese market, and Allison’s experience in electric and hybrid systems, and its global OEM relationships and worldwide distributor base.
The partnership aims to allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. In addition, Allison has committed to provide debt financing to support JJE North America’s commercial vehicle electric drive product.
“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,” says David S Graziosi, chairman and chief executive officer, Allison Transmission.
“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.”
Ping Yu, chairman and chief executive officer, Jing-Jin Electric, adds: “Commercial vehicle electrification will be one of the greatest contributors to carbon peaking and carbon neutrality. 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.”