Sypris Technologies to Supply Drivetrain Components for Electric Vehicles
Sypris Technologies, a subsidiary of Sypris Solutions, has entered into a long-term agreement with a leading global truck OEM to supply certain drivetrain components for its new electrified heavy-duty vehicle. The parties anticipate initial deliveries to begin in 2026. This collaboration is a significant milestone for Sypris Technologies, as it enables the company to support its customer's decarbonization objectives and its stated goal of net zero emissions.
Key Takeaways:
- Sypris Technologies will supply drivetrain components for a leading global truck OEM's new electrified heavy-duty vehicle.
- The agreement is a long-term partnership between Sypris Technologies and the OEM, with initial deliveries expected to begin in 2026.
- The collaboration supports the OEM's decarbonization objectives and its goal of achieving net zero emissions.
- Sypris Technologies is a premier manufacturer and supplier of drivetrain and other critical components for various markets, including commercial and recreational vehicles, automotive, mining, agriculture, industrial, and energy.
- The company has over 90 years of service, providing expertise and capabilities to meet the evolving needs of the industry.
Statistics:
- Initial deliveries of drivetrain components are expected to start in 2026.
- Sypris Technologies has over 90 years of experience in providing critical components for various markets.
- The company serves a diverse group of customers, including those in the commercial and recreational vehicle, automotive, mining, agriculture, industrial, and energy sectors.
Sources:
- Sypris Technologies, Inc. press release, dated May 24, 2025
- Business Wire press release, dated May 24, 2025