Investors, clients, sellers and authorities officers signal as much as drive the
Blue Arc Class 3 Electric Delivery Vehicle
Company selects Tier 1 mobility suppliers for key car techniques
Management to offer analyst and investor replace at 4:15PM ET
NOVI, Mich., Oct. 04, 2022 (GLOBE NEWSWIRE) — In the drive to impress industrial car fleets, Blue Arc™ EV Solutions brings a singular edge to the competitors: almost 50 years of expertise in customized chassis and work truck physique design and manufacturing as a part of The Shyft Group (NASDAQ: SHYF). Poised to guide as the solely participant designing and manufacturing built-in chassis and specialty our bodies in-house for the Class 3-5 phase, the go-to-market model has chosen prime Tier 1 automotive suppliers for key car techniques and subsystems in the absolutely reimagined all-electric supply walk-in van, which debuted earlier this yr.
The experiential Blue Arc journey and drive occasion follows the current announcement that the model secured its preliminary pre-order of two,000 models from the Randy Marion Dealer Group, one among the largest vendor teams in the Carolinas.
A photograph accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/11ce5246-75d5-4d6f-9625-23e78d842b94
“We’ve known that our unique blend of expertise in this space makes our EV products trusted solutions for our dealer partners,” mentioned Daryl Adams, President and CEO of The Shyft Group. “Partnering with exceptional Tier 1 automotive suppliers for critical vehicle systems and subsystems only furthers our confidence that we will meet our customers’ expectations, delivering a one-of-a-kind solution.”
The Blue Arc ecosystem begins with one among the trade’s first commercial-grade, purpose-built EV chassis, with each subsystem and side of the building geared in direction of the extra demanding finish makes use of and responsibility cycles of a industrial car. Tier 1 suppliers Akebono, Bosch, Dana, Hendrickson, Modine and Proterra present best-in-class options to the purpose-built chassis.
“Since the beginning, the Shyft team has been clear that the focus is on the driver and we have collaborated to provide functions like our Servotwin steering system to help enhance driver safety and comfort,” mentioned Kevin O’Keefe, regional president of Automotive Steering for Bosch in North America. “We believe in purpose-built, customer-centric EV solutions like the one that Shyft is bringing to market.”
With a scalable chassis design, the all-electric walk-in-van is out there in Class 3 – 5 configurations with physique size choices from 12 to 22 ft. Designed for high-frequency, last-mile supply fleets, these autos are powered by lithium-ion battery packs that may ship 150-mile vary at 50% payload in a parcel-delivery setup, with elective prolonged vary packs out there. In addition, a number of chassis wheelbase choices at 178”, 190”, 208” and 230” will assist completely different purposes. With these choices, clients can maximize productiveness and reduce value of possession, together with gas and upkeep prices.
The trio of Blue Arc merchandise is accomplished with the Power Cube™, a totally transportable, remote-controlled charging station that has wide-ranging purposes for offering energy wherever it’s wanted. Its quick and versatile deployment mannequin is customizable, providing various configurations to satisfy clients’ distinctive wants. It carries as much as 3MW of onboard energy and its Level 2 and Fast-DC charging capabilities can have autos up and working in 1-2 hours.
The Shyft Group will host an investor convention name at 4:15 p.m. ET at present from the occasion to offer a Blue Arc EV business replace to analysts and buyers. The convention name and webcast shall be out there by way of www.theshyftgroup.com/webcasts or convention name utilizing 1-844-868-8845 (home) or 1-412-317-6591 (worldwide). Conference name members can be part of by requesting to be joined to the Shyft Group name.
The Shyft Group
The Shyft Group is the North American chief in specialty car manufacturing, meeting, and upfit for the industrial, retail, and repair specialty car markets. Our clients embody first-to-last mile supply firms throughout vocations, federal, state, and native authorities entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business models: Shyft Fleet Vehicles & Services™ and Shyft Specialty Vehicles™. Today, its household of manufacturers embody Blue Arc™ EV Solutions, Utilimaster®, Royal Truck Body™, DuraMag® and Magnum®, Strobes-R-Us™, Spartan RV Chassis™, Builtmore Contract Manufacturing™, and corresponding aftermarket provisions. The Shyft Group and its go-to-market manufacturers are well-known of their respective industries for high quality, sturdiness, and first-to-market innovation. The Company employs roughly 3,800 workers and contractors throughout campuses, and operates services in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported gross sales of $992 million in 2021. Learn extra about The Shyft Group at TheShyftGroup.com.
CONTACTS
Media:
Carrie Wright
Chief Marketing & Communications Officer
[email protected]
313.495.2904
Scott Worden
Senior Director
Lambert & Co.
[email protected]
248.825.9343
Investors:
Randy Wilson
Vice President, Investor Relations and Treasury
The Shyft Group
[email protected]
248-727-3755
