Benzinga | Jul 14, 2021 11:32AM EDT

XL Fleet Launches Hybrid Electric Drive System For Isuzu NPR-HD

* XL Fleet Corp (NYSE:XL) announced its XL Hybrid electric drive system is now available as an upfit solution for the new Isuzu NPR-HD of Isuzu Motors Ltd (OTC:ISUZY).

* The electrification system enables Isuzu customers to electrify medium-duty low cab forward vehicles suited for last-mile delivery, beverage distribution, utility work, and foodservice.

* The XL Hybrid system features a lithium-ion battery, electric motor, inverter, and control software and transforms traditional gas-powered fleet vehicles into hybrid electric units.

* The NPR-HD is the second Isuzu vehicle XL Fleet has electrified after initially launching its hybrid system on Isuzu Reach diesel walk-through van in 2015.

* XL Fleet's hybrid system on the Isuzu NPR-HD is now available for purchase throughout North America.

* Price action: XL shares are trading higher by 0.44% at $6.80 on the last check Wednesday.