Allison Transmission to drive innovation with new venture capital arm

Allison Ventures will invest in early and growth-stage companies to drive technology advancement across commercial-duty mobility and work solutions

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced that it is launching Allison Ventures, according to a Business Wire press release on Jan. 30.