Balqon has received a $15.9 million order from China-based Winston Global Energy for 300 electric drive systems. The heavy-duty electric truck maker will be shipping three hundred of its electric drive systems – the base for its electric trucks such as the XE20 Yard Hostler.
This deal is on top of the already-penned sale to China-based DyanProTech, announced in August. Winston plans to use the electric drive systems in a series of buses, however, rather than hostlers.
Winston will be putting the electric drives into buses ranging from 15 to 40 passengers in capacity to market to private and governmental fleet operators in China. Balqon will begin production of the drive systems midway through this year and begin shipping the systems to Shenzhen this fall. The order will fulfill sometime next year.
Balqon will be expanding its workforce in its Harbor City, California (LA County) facility to meet this production. About 150 new jobs will be created, mostly in labor and non-technical work.
Balqon has been using a two-pronged approach to sales, with both ready-made vehicles (trucks, hostlers) and OEM drive systems and chassis (as in this case). The strategy seems to be paying off as Balqon solidifies itself as the world’s premier battery electric maker of heavy-duty commercial vehicles and drive trains.