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Odyne Systems
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Odyne Systems, LLC provides hybrid and efficiency solutions for large commercial trucks. Odyne technology, protected by 34 patents, reduces fuel usage by 40%-65%, reduces smog causing emissions by 70%-96%, and reduces noise and engine wear.

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Pewaukee, WI Pewaukee, United States
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Updated by Joe Dalum at Odyne Systems, LLC on 07/22/2018

Edited by Cleantech Group on 11/02/2020

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Date Company
04/16/2015

ComEd ComEd

Confirmed by ComEd

Partnerships
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Date Partner Type
06/28/2012
Allison Transmission, Inc. Allison Transmission, Inc.
Allison Transmission, the world’s largest manufacturer of fully automatic transmissions for medium and heavy duty vehicles, purchases equity stake in Odyne Systems
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Confirmed by Allison Transmission, Inc.
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IPO INFORMATION

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Description

Date Investors Type Amount
01/27/2014 (0)
Post-money valuation of
From 2011 to 2014 private investors made equity investments of $10,000,000
Growth Equity $10,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Plug-In Hybrid System

Odyne’s advanced plug-in hybrid technology enables trucks over 14,000 pounds to have substantially lower emissions, improved performance, quieter job site operation, lower fuel consumption and reduced operating and maintenance costs.

Wide Commercial Availability Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
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