WASHINGTON, July 21, 2022 (GLOBE NEWSWIRE) — The Shyft Group (NASDAQ: SHYF) introduces the Blue Arc Power Cube™, a totally transportable remote-controlled charging station with onboard vitality storage to serve a wide range of wants for industrial car fleets and different finish makes use of. The Power Cube and a second Blue Arc product, an all-electric last-mile supply van, shall be featured in an academic showcase on Capitol Hill immediately for representatives from the U.S. Congress and Federal Executive Branch Departments and Agencies concerned in the growth of a home electrical car market.
As the U.S. reimagines its vitality future and a brand new electrified ecosystem takes form, one among the most vital transportation sectors to contemplate is industrial car fleets. As early adopters, fleets and fleet managers can speed up the EV transition for different sectors by partnering with auto producers which might be growing modern options for the nation’s infrastructure charging wants.
A Media Snippet accompanying this announcement is available by clicking on the image or link below:
The Shyft Group, headquartered in Michigan with almost 50 years serving industrial car fleets, helps lead this acceleration.
“We’re at a critical time to decide where and how electric vehicle infrastructure is built,” stated U.S. Representative Debbie Dingell. “This innovation addresses a major roadblock to growing the U.S. electric vehicle fleet and is an impressive advancement toward making EVs more accessible. I’m proud to see a Michigan-based company leading the way in expanding EV infrastructure, and I look forward to continuing to work in Congress alongside industry partners and other key stakeholders to move us closer to a zero-emission vehicle future while creating good jobs here at home and advancing American competitiveness on the world stage.”
“The transportation industry must take action and reduce its carbon footprint – which is why creating a better, more sustainable, and inclusive future is a fundamental value of The Shyft Group,” stated President and Chief Executive Officer Daryl Adams. “Investing in infrastructure innovation is one way we can truly create a smart, responsible approach to fueling the EV promise.”
Understanding that lack of EV infrastructure is one among the roadblocks to adoption, the Power Cube presents a novel answer: a cell, customizable, industrial grade EV charger that doesn’t have to be related to the grid. Its quick and versatile deployment mannequin is customizable, providing various configurations to satisfy clients’ distinctive wants. It carries 3MW of onboard energy and its Level 2 and Fast-DC charging capabilities can have automobiles up and working in 1-2 hours. The Power Cube can also be supplemented with wind and solar energy, together with panels to trace the solar for max publicity and charging, to make sure sustained service regardless of energy grid failures.
“It’s important for us to create the needed infrastructure that will help move us away from fossil fuel dependency,” stated Eric Fisher, Senior Vice President and General Manager of Shyft Innovations, the firm’s analysis and growth arm that developed Blue Arc. “By rethinking the lifecycle of infrastructure – leveraging a portable, flexible microgrid that requires no digging or trenching for a permanent underground connection – we can advance the network of fleet charging solutions.”
The Power Cube gives clear, accountable vitality when and the place it’s wanted. When the job is completed or there’s a need to maneuver the charging station to a special location, it will get picked up and moved – a perfect answer for fleet managers who lease their amenities and can’t pursue everlasting renovations. This portability additionally creates potentialities for adaptability to different finish makes use of.
Consider the case of a pure catastrophe, the place grid energy could also be knocked out throughout a big geographic space and energy is required for rescue and damage-control operations. Potential purposes additionally exist for campgrounds, roadside help and the navy, the place transportable charging pods can cost drones, floor automobiles and communications gear.
The Blue Arc product ecosystem features a commercial-grade EV chassis and the Blue Arc supply van, a 100% battery-powered Class 3 electrical industrial supply car designed for high-frequency, last-mile supply fleets. With a excessive diploma of configurability, the all-electric chassis is adaptable to last-mile supply, work truck, mass transit, leisure car and different rising EV markets.
Media welcome
Members of the media are welcome to attend immediately’s showcase on Capitol Hill. The occasion will start at 11:30 a.m. ET close to the west entrance of the U.S. Capitol, at Pennsylvania Ave NW & Peace Circle NW. Shyft Group CEO Daryl Adams will focus on the function of fleets in the growing electrified ecosystem and the want for modern options to satisfy the nation’s infrastructure charging wants. Shyft may also present an academic overview and product demonstration of the Blue Arc Power Cube and all-electric last-mile supply van.
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 consists of Blue Arc™ EV Solutions, Utilimaster®, Royal Truck Body™, DuraMag®, 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 amenities 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
The Shyft Group
[email protected]
313.495.2904
Scott Worden
Senior Director
Lambert & Co.
[email protected]
248.825.9343
Investors:
Randy Wilson
VP, Investor Relations and Group Treasurer
The Shyft Group
[email protected]
947.622.4873
A video accompanying this announcement is obtainable at: https://www.globenewswire.com/NewsRoom/AttachmentNg/8f7cbfcd-c0bd-424f-b0cf-1a51b3ba725e
