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Efficient Drivetrains' EDI PowerDrive 6000 Tops 3.1 Million Mile Mark

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Company deploys 120 systems in China, adds 12-meter Foton Bus to
available OEM platforms

Efficient
Drivetrains, Inc.
(EDI), a global leader in advanced high-efficiency
zero emissions plug-in hybrid and electric drivetrain solutions today
announced the integration of the EDI PowerDrive™ 6000 and EDI
PowerSuite™ vehicle control software into three 12-meter Foton buses.
The company also set a new record for most mileage driven with its EDI
PowerDrive™ 6000 system, hitting over 3.1 million miles traveled since
2015.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171207005423/en/

The recent integration of the EDI PowerDrive™ 6000 system and EDI
PowerSuite™ vehicle control software into the Foton platform represents
the sixth major bus OEM integration of Efficient Drivetrains' technology
in China. The EDI PowerDrive 6000 was certified by the government in
2015 after undergoing significant durability testing, and the current
fleet of 120 buses continues to demonstrate strong reliability and
performance overall. Recently OEMs that have integrated EDI technology
have reported more than 40% savings in fuel expenses, significantly
reduced emissions for the community, and ROI in under 3 years.

The new fleet of Foton buses was a result of the successful deployment
of 38 transit buses running in Tianshui city. The fleet operator
experienced significantly improved fuel economy, reduced emissions, and
ease of operations for their bus drivers. In partnership with EDI's
local integration and support partner, ENCA, EDI was able to quickly
deploy its technology onto the new OEM platform. Foton will also be
evaluating the drivetrain system for integration into future production
quantity programs.

Adoption of plug-in hybrid and electric buses continues to see
tremendous growth in the Asia Pacific region, with China leading the
charge. In 2016, the country procured over 115,000 electrified buses,
with projection of future sales to account for more than 20% of new bus
sales over the next three years. To continue the strong trend, local
cities and governing bodies are mandating emissions reductions, and
offering financial subsidies to expedite adoption of e-buses. OEMs
adopting buses with EDI's electrification technology are able to rapidly
bring electrified solutions to market, while taking advantage of the
available government funding programs.

News Highlights:

  • The EDI PowerDrive™ has surpassed over 3.1 million miles in a
    commercial fleet setting of city buses deployed in rural and city
    routes across China and Taiwan
  • Efficient Drivetrains has added to its available OEM platforms in
    China with the integration of the EDI PowerDrive™ 6000 drivetrain and
    EDI PowerSuite™ Vehicle Control software into the Foton buses
  • The company currently has over 120 models of 8, 10.5, and 12 meter
    buses operating across Asia on major OEM platforms including Ankai,
    Shaanxi, Xiamen Jinlong, Yaxing Motor Coach, Master Transportation,
    and now Foton
  • Efficient Drivetrains has long standing history in electrification of
    buses, with active programs running in Asia and North America,
    featuring its EDI PowerDrive™ 6000 and EDI PowerDrive™ 7000 series of
    drivetrain systems and EDI PowerSuite™ vehicle control software
  • The EDI PowerDrive™ system received China government certification
    after undergoing durability testing in late 2015
  • OEMs implementing technology from Efficient Drivetrains are able to
    quickly bring electrified vehicle solutions to market, while offering
    performance that meets or exceeds that of the traditional vehicle with
    the added benefits of reduced emissions and fuel consumption
  • Fleet operators adopting electrified buses benefit from zero-emissions
    driving, clean-air for the surrounding community, and significantly
    reduced fuel and maintenance costs

Supporting Quotes:

"Electric bus adoption continues to grow exponentially in China. The
country overall has taken a leadership role in procuring and mandating
electric vehicle solutions for its cities. With our strong presence on
major Asia OEMs, our certification of the EDI PowerDrive™ system, and
the recent integration into the Foton platform, EDI is quickly becoming
an emerging leader in the electrification of the mass transportation
space in China."

-Joerg Ferchau, CEO, Efficient Drivetrains, Inc.

"In China, more than 20% of new buses are now electrified. EDI's
technology continues to outperform available offerings, while also being
one of the most cost effective options on the market. Our strong
partnership with bus OEMs, and our local integration partners have
positioned us well for continued growth.

-Taylor Yu, Head of China Development, Efficient Drivetrains, Inc.

Additional Resources:

  • Efficient Drivetrains Unveils EV School Bus Platform news release
  • Efficient Drivetrains Collaborates with Master Transportation for
    Made-in-Taiwan e-bus news
    release
  • Efficient Drivetrains Receives Bus Production Order for EDI
    PowerDrive™ 6000 news
    release
  • Efficient Drivetrains Selected by Four Major OEMs to Rapidly Deploy
    Electric Buses news
    release
  • EDI on LinkedIn

About Efficient Drivetrains:

Efficient Drivetrains, Inc. (EDI) develops and markets a range of
state-of-the-art PHEV and EV drivetrain solutions worldwide. EDI's
leading-edge drivetrain systems and technologies enable OEMs to meet
zero-emissions requirements while providing significant cost and
efficiency advantages for parallel and series hybrid, and electric
drivetrain architectures across nearly all platform classes and
configurations. EDI is active in commercial automotive projects
throughout North America and the Asia Pacific region. Visit www.efficientdrivetrains.com for
more information.

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