2023-04-26 04:50:07 ET
- Allison Transmission ( NYSE: ALSN ) through its partnership with Foton is providing the propulsion solution for 400 Foton AUV compressed natural gas buses being exported to Nuevo Leon, Mexico, to aid in the state’s plan to modernize public transportation.
- Foton is an international commercial vehicle manufacturer headquartered in Beijing, China,
- In China last year, Allison ( ALSN ) realized double digit growth in export bus sales.
- "This latest award is representative of the significant growth Allison is experiencing in the Chinese transit bus market as a result of partnerships we’ve established with OEMs to export buses from China to markets throughout the Americas, Asia, Oceania and the Middle East,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.
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Allison Transmission and Nuevo Leon to modernize compressed natural gas buses