British OX EV Truck Showcased At COP26 UK Presidency Pavilion

Warwickshire-based OX Delivers will showcase its game changing electric truck - the first of its kind specifically designed for emerging markets - at the UK Presidency Pavilion at COP26 on Transport Day (10 November 2021).

Transitioning emerging markets to electric transport is a huge opportunity to deliver COP26 climate targets and progress towards the UN Sustainable Development Goals. With their low operating costs EVs make sense for low-income economies, home to 15% of the global population.

OX has created an all-terrain EV truck with high-carrying capacity that can be shipped flat-pack. The truck operates within a digital ecosystem that allows customers to request OX services such as transport or distribution of goods to and from a location. This is supported by OX drivers who are empowered to build their own local connections and customer-base and develop the OX business in-country.

Simon Davis, Managing Director at OX Delivers, said: “We couldn’t be prouder to showcase our vehicle at COP26 where it will be seen by leaders from all over the world, demonstrating how the UK is pioneering the transition to zero-emissions vehicles.

“We recognise that emerging markets need both a new business model and access to electric vehicles that are cost-effective yet durable enough to deal with difficult, or even extreme, terrain.

“Our operations in Rwanda are growing 40% month-on-month, and some of our customers have tripled their sales volumes by having access to a reliable route to market, unlocking both economic growth and social mobility.”

Simon went on to say: “We have been developing the OX EV since 2020 and have been working with leading automotive companies including the UK operations of US-based Dana Incorporated. Having their support and EV technical expertise has meant we have been able to deliver better efficiency and advanced performance as well as rapid assembly. This gives us the confidence that the electrified drive train is resilient enough to withstand everything that is thrown at it.”

Doug Liedberg, Senior Vice President and Chief Sustainability Officer at Dana Incorporated, said: “Dana is focused on achieving a more sustainable world by delivering innovative e-Propulsion solutions that meet the needs of people around the globe. OX’s unique approach to clean and affordable transportation could be a game changer and we are pleased to be working with them as they provide a direct, positive impact on emerging markets.”

To date, the project has received more than £7 million of funding. This includes equity, philanthropic capital and grant support from InnovateUK, the Royal Academy of Engineering and the Advanced Propulsion Centre (APC).

Ian Constance, CEO of the Advanced Propulsion Centre, which has supported the development of the OX EV, said: “Everyone at APC is incredibly proud to see the OX EV being showcased in the Blue Zone at COP26.

“It is a great example of the power of UK-based innovation and the impact it can have not just in the United Kingdom but internationally. Transport contributes around 21% of global emissions and we will not reach 2050 targets if we do not decarbonise our on and off-highway vehicles.

“To be able to support the development of projects like OX EV, and other APC-funded projects being showcased at this landmark global event, is incredibly exciting. It shows that the UK remains at forefront of research, development and production of zero emission propulsion technology.”

Notes to Editors

About OX

OX Delivers has a vision to drive prosperous trade in rural emerging markets, in a net-zero-compatible way. To achieve this, OX is a smart logistics company helping customers get their goods to market via an integrated ecosystem that spans eCommerce, credit, and transport.

Operations have been established in OX’s first market, Rwanda, and since achieving first revenue in Q1 2021, over 40% month-on-month revenue growth has been demonstrated.

The Warwickshire, UK-based team has developed the first electric OX truck, which was demonstrated to the public in September 2021, and is now preparing for production and scale of the business.

OX was founded by the Norman Trust Charity, which commissioned Professor Gordon Murray to design the original truck. OX has been awarded multiple grants from Innovate UK, the Advanced Propulsion Centre, and the Royal Association of Engineering. This, combined with equity investment, has enabled the OX team to grow exponentially over the last 2 years.

Find out more at http://www.oxdelivers.com  or follow their journey on LinkedIn, Facebook, Twitter, and Instagram

About Dana

Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.

Based in Maumee, Ohio, USA, the company reported sales of $7.1 billion in 2020 with 38,000 associates in 33 countries across six continents. Founded in 1904, Dana was named one of “America’s Most Responsible Companies 2021” by Newsweek for its emphasis on sustainability and social responsibility. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer, including “World's Best Employer” from Forbes magazine. Learn more at dana.com.

ENDS