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Odyne Systems, LLC Awarded $776,000 Agreement by Electric Power Research Institute Under a California Energy Commission Grant to Retrofit Trucks

Program to Retrofit Large Trucks with Odyne Plug-In Hybrid Systems will be Performed under California Energy Commission Grant ARV-11-013 with the Electric Power Research Institute.

Waukesha, WI, April 30, 2014 --(PR.com)-- Odyne Systems, LLC was awarded a $776,000 grant by the Electric Power Research Institute (EPRI) to retrofit medium- and heavy-duty work trucks with Odyne plug-in hybrid systems. EPRI will manage the program, which was funded by the California Energy Commission, and Odyne Systems, LLC will install advanced diesel plug-in hybrid electric truck systems on five trucks in the California market.

The California Energy Commission contributed $776,000 towards the project and participants and other project partners will provide additional cost share funds.

The program will demonstrate the viability of installing Odyne plug-in hybrid systems on existing medium- and heavy-duty vehicles in the California market using California-based labor and facilities. An Odyne hybrid system can reduce fuel consumption by up to 50% or greater depending on the duty cycle, lower emissions and allow large work trucks to operate quietly at a work site.

The Odyne hybrid system can be installed on both new and existing vehicles. The company estimates that there are more than 8 million vehicles weighing over 14,000 pounds in the U.S., and upgrading existing trucks with newer technology will help to accelerate reductions in fuel use and emissions.

"We are excited to be part of the California Energy Commission award to retrofit these vehicles,” said Joe Dalum, President and CEO of Odyne Systems. “We have a passion for innovation and delivery of reliable, advanced hybrid system solutions, and this award will demonstrate the application of our newest technology to existing trucks. Extensive data collection and analysis will document the impact of these installations.”

Odyne Systems, LLC, a leader in hybrid systems for medium and heavy duty trucks, has developed proprietary and patented hybrid technology combining reliable electric power conversion, power control and energy storage technology. The Odyne plug-in hybrid drive system reduces fleet operating and maintenance costs, and depending on duty cycle, enables large trucks to obtain fuel economy improvements of up to 50% compared to traditional diesel or gasoline engines.

About Odyne Systems, LLC
Odyne is a leader in hybrid drive systems for medium and heavy-duty vehicles. Odyne’s advanced plug-in hybrid technology enables trucks over 14,000 pounds to have substantially lower fuel consumption, lower emissions, improved performance, quieter job site operation and reduced operating and maintenance costs. Odyne has fielded more plug-in hybrid systems for large trucks throughout the United States than any other supplier. Odyne systems are modular and are integrated to powertrains during the new vehicle manufacturing process or are retrofit to existing truck chassis in various applications. The systems are sold and serviced through a worldwide distribution network including Altec, DUECO and Terex Utilities. Odyne has also authorized selected Allison Transmission distributors to service Odyne systems across North America. For further information, visit us at www.odyne.com and follow us on Twitter @Odyne.

About the California Energy Commission
The Energy Commission is the state's primary energy policy and planning agency. Created by the Legislature in 1974 and located in Sacramento, six basic responsibilities guide the Energy Commission as it sets state energy policy: forecasting future energy needs; licensing thermal power plants 50 megawatts or larger; promoting energy efficiency and conservation by setting the state's appliance and building efficiency standards; supporting public interest energy research that advances energy science and technology through research, development, and demonstration programs; developing renewable energy resources and alternative renewable energy technologies for buildings, industry and transportation; planning for and directing state response to energy emergencies. For more information: www.energy.ca.gov.

About EPRI
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI's members represent approximately 90 percent of the electricity generated and delivered in the United States, and international participation extends to more than 30 countries. EPRI's principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.
Contact Information
Odyne Systems, LLC
Louise Hermsen
262-544-8405
Contact
www.odyne.com

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