US Hybrid Secures Over $6 Million Worth of Contracts for Electric Propulsion Systems
Ideanomics, a global company dedicated to accelerating the adoption of zero-emission vehicles, recently announced that its subsidiary US Hybrid has secured two substantial follow-on orders for electric propulsion systems. These systems will be used in Department of Defense projects and specialty vehicles, with the contracts valued at over $6 million.
These orders are part of US Hybrid’s strong customer pipeline for the next 12-18 months, which is projected to generate over $50 million in sales. US Hybrid has more than 24 years of experience in designing, developing, and manufacturing hydrogen-electric and battery-electric zero-emission propulsion systems, as well as power conversion systems for medium and heavy-duty electric, hybrid, and full-cell commercial buses, trucks, and heavy-duty on-road and off-road equipment.
“Across the country, US Hybrid’s zero-emission, made-in-America electric and fuel cell propulsion systems are powering buses, street sweepers, port vehicles and equipment, and Department of Defense projects,” said Richard Woods, VP and General Manager of US Hybrid. “With 24 years of industry experience, US Hybrid continues to show that we have the right mix of people and technology to get the job done for our customers.”
US Hybrid’s propulsion systems are Buy America compliant and built at the company’s facility in Torrance, California. The firm has established strategic relationships with a diverse set of local and global vendors for components, resulting in a resilient and efficient supply chain that enables smooth operations and cost savings for customers.
US Hybrid’s technology has a proven track record of success. Currently, the company’s technology powers zero-emission street sweepers operating in New York, California, Washington, D.C., and Tokyo, Japan, as well as buses operating in Hawaii, Ohio, and New York. Additionally, rubber tire gantry cranes and top pick stacker units at the Port of Los Angeles use US Hybrid’s technology.
With over 24 years of experience, US Hybrid leads the way in designing, developing, and manufacturing hydrogen-electric and battery-electric zero-emission propulsion systems and power conversion systems for various applications. Ideanomics simplifies fleet electrification, providing fleet operators with everything they need to electrify their fleets faster, easier, and more affordably, all in one place.
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