AxleTech and Thor Trucks to Develop Heavy-Duty e-Powertrain System

TROY, Mich., Oct. 16, 2018 /PRNewswire/ -- AxleTech, the leader in specialty powertrain solutions, announced today that it is developing a heavy-duty e-powertrain system with Thor Trucks, a fleet-focused transportation lab building fully electric commercial trucks. AxleTech and Thor Trucks will integrate AxleTech's e-axle technology with Thor's proprietary battery technology to create a fully electric commercial vehicle powertrain.

"Electric powertrains for on-highway use are rapidly advancing at a global scale, and AxleTech's technology has kept pace with this evolution," said Bill Gryzenia, CEO, AxleTech. "Due to the acute market need for these solutions, we are proud to work alongside Thor Trucks to build the most advanced integrated powertrain components for driveline electrification. Our team takes this role seriously and is relentless in identifying and developing the next generation of electric powertrain systems."

Thor Trucks is a California-based transportation lab focused on electrifying commercial fleets. Founded by fleet operators with vast knowledge of the industry, Thor Trucks builds fully electric trucks, including the battery, for medium-duty commercial applications. In July 2018, Thor Trucks announced it will partner with UPS to build and test two fully-electric delivery trucks in the greater Los Angeles Area.

"Thor Tucks will benefit tremendously from AxleTech's industry-leading powertrain expertise as we work to meet the market's increasing demand for electrification," said Giordano Sordoni, co-founder and COO of Thor Trucks. "This partnership is a significant stride forward in our pursuit to transform the commercial transportation industry."

AxleTech provides integrated solutions for on-highway electric vehicles, including Class 6, 7, and 8 trucks, as well as transit applications. The company has established many other strategic partnerships with industry leaders to develop groundbreaking customized, fully integrated electric powertrain systems.

Earlier this year, the company unveiled its next-generation electric independent suspension concept for high-mobility applications. AxleTech's 5000 Series eISAStm concept enhances performance and has the ability to improve stealth characteristics, lower heat signatures, and improve fuel savings to logistics vehicles, tactical vehicles, and armored personnel carriers.

AxleTech plans to launch its newest e-powertrain offering ? recently named a 2019 Automotive News PACE Awards finalist for its innovation ? in January 2019.

About AxleTech
AxleTech is a leading technology company that engineers, designs, manufactures, sells and services powertrain solutions for on- and off-highway heavy-duty commercial vehicles. With industrial roots established in 1919, the company's nearly 800 worldwide employees drive the company to develop advanced powertrain systems, axles, brakes, components and aftermarket parts for global customers. Headquartered in Troy, Michigan, the company has locations in Oshkosh, Wisconsin; Chicago; Saint-Étienne, France; Osasco, Brazil; Pune, India; and Shanghai. For more information about AxleTech, please visit www.axletech.com.

SOURCE AxleTech