The Shyft (US:SHYF) Prnewswire·2024-10-28 20:15Core Insights - The Shyft Group has announced strategic partnerships with Allegiance Trucks and Ascendance Trucks to enhance the dealer network for the Blue Arc™ Class 4 all-electric truck in the Northeast region, aiming to improve accessibility in the commercial EV market [1][3] Company Overview - The Shyft Group is a leader in specialty vehicle manufacturing and assembly in North America, focusing on commercial, retail, and service specialty vehicle markets, with reported sales of $872 million in 2023 [6] - The company operates under two main business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™, employing approximately 3,000 individuals across various facilities [6] Product Features - The Blue Arc™ Class 4 all-electric truck is designed with flexible cargo configurations, ergonomic features, and noise-reducing cabins to enhance efficiency, comfort, and safety for urban and last-mile deliveries [2][4] - The truck offers configurable cargo spaces ranging from 600 to 1,000 cubic feet, making it adaptable for various fleet needs [4] Strategic Partnerships - Allegiance Trucks and Ascendance Trucks bring extensive expertise and a customer-first approach, providing advanced truck sales, flexible leasing options, and comprehensive support services [3][7][8] - Allegiance Trucks operates 39 locations across 9 states, while Ascendance Trucks has a network of 37 locations across 9 states, enhancing the distribution and service capabilities for the Blue Arc EV solutions [7][8]