Hexagon Purus enters partnership with Velocity Vehicle Group – supplying zero emission medium duty commercial vehicles - based on the Freightliner M2 chassis – in California
June 11, 2021 - Stock Exchange Release
Hexagon Purus has entered a partnership with Velocity Vehicle Group (VVG), a leading group of commercial vehicle dealers in the US, to deliver battery packs and powertrain integration for medium-duty battery electric trucks in California based on Freightliner’s class 6 M2 platform.
Velocity Vehicle Group has taken an active leadership role in offering clean vehicles to its customers across its product range and locations, and the partnership with Hexagon Purus is an important part of this transition.
Hexagon Purus will deliver turn-key solutions that will convert up to 100 model year 2021 Freightliner M2 medium-duty trucks to Hexagon Purus eM2 emission-free medium duty electrical vehicle trucks. The design will be built upon the platform from Daimler Trucks North America’s successful Innovation Fleet of battery electric medium- and heavy-duty vehicles. All Innovation Fleet trucks operate using Hexagon Purus’ battery electric solutions and technology. The new zero-emission Hexagon Purus eM2 class 6 trucks will typically operate as package delivery or utility trucks.
Deliveries of the new zero-emission Hexagon Purus eM2s in 2021 will be mainly to customers operating in California. In 2022, deliveries of trucks operating in other states in the US are also expected.
“We are committed to providing leading-edge clean vehicles to our customer base, and have invested heavily in the infrastructure support, EV maintenance training and product knowledge required to make this happen”, say Brad Fauvre and Conan Barker, Co-Presidents of VVG. “We are excited to offer the Hexagon Purus eM2 product in cooperation with Hexagon which will allow our customers in California to achieve zero-emissions this year, with a proven platform that includes our support”.
“We are honored to enter this partnership with Velocity Vehicle Group. With a shared commitment to clean transportation solutions, we are proud to see that our offering enables the transition to zero-emission vehicles,” says Todd Sloan, EVP Systems, Hexagon Purus.
About the market
With California leading the way, there is a strong push to reduce carbon emissions in the commercial vehicle market in the US. Government incentives and new regulations such as those implemented by the California Air Resources Board (CARB) are playing a significant role in driving this segment forward, resulting in major fleet owners committing to zero-emission solutions.
Timing
The first deliveries are expected to take place in Q4 2021.
Contacts:
Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
Salman Alam, VP Corporate Development, Hexagon Purus
Telephone: +47 476 12 713 | salman.alam@hexagonpurus.com
About Velocity Vehicle Group
Velocity Vehicle Group (VVG) operates 57 commercial vehicle dealership locations across California, Arizona, Nevada, Tennessee, Kentucky, North Carolina, Alabama and Hawaii, and Baja California, Mexico. VVG also operates 15 Daimler dealerships throughout Australia. VVG provides new & used commercial vehicle sales, including the full spectrum from pickup trucks to delivery vans to 18-wheelers and school busses, as well as aftermarket parts and service support, along with a multitude of other vehicle-related services. VVG is an authorized dealer for the Freightliner, Western Star, Autocar, Ford, Fuso, Thomas Built Buses, Isuzu, Hino Trucks, SportTruck, Renegade RV, Rosenbauer fire, Crane Carrier and Freightliner Custom Chassis vehicle brands. VVG also offers equipment financing through its Crossroads Equipment Lease and Finance subsidiary, as well as small business and SBA loans through Velocity SBA and truck rental and leasing through Velocity Truck Rental and Leasing.
About Hexagon Purus
Hexagon Purus is a world leading provider of medium and heavy-duty battery packs, vehicle systems integration for fuel cell electric and battery electric vehicles and hydrogen type 4 high-pressure cylinders.
Hexagon Purus enables zero emission solutions for light, medium and heavy-duty vehicles, buses, ground storage, distribution, maritime, rail and aerospace. Learn more at www.hexagonpurus.com and follow @HexagonPurus in social media.
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