Lightning Systems Accredited Under BP's Advancing Low Carbon Program

LOVELAND, Colo., May 14, 2019 /PRNewswire/ -- Lightning Systems, designer and manufacturer of all-electric medium and heavy duty vehicle powertrains, is proud to announce its accreditation under BP's Advancing Low Carbon (ALC) program. The ALC program was created by BP to encourage BP and its partners to identify lower carbon opportunities. Activities within the program include everything from carbon products to global research initiatives to partnerships with start-ups developing innovative new technologies. Since its launch in 2017 the program has grown to over 50 accredited activities.

BP became an investor in Lightning Systems in 2014. To be considered for the BP program, Lightning had to meet the program's rigorous criteria and requirements. Activities within the program undergo a stringent review of their application materials by the ALC team of experts, review by an external advisory panel, and assurance by a third party, Deloitte LLP.

This accreditation recognizes Lightning's commitment to deliver better carbon outcomes, through driving efficiency through their commercial vehicle powertrains. The medium and heavy duty trucks, buses, and vans produced powered by Lightning Systems are effective in offsetting carbon emissions because they are fully battery-electric, and produce zero tailpipe emissions. Lightning Systems continues to work towards being an industry frontrunner by furthering research and technology development for zero emission commercial vehicles.

"We are thrilled to be part of the ALC Program and BP's commitment to deliver better carbon outcomes," said Lightning Systems CEO, Tim Reeser. "This accreditation recognizes the talent, skill, and diligence of the Lightning Team. They work day in and day out to ensure that we have the best processes, plans and procedures to create powertrains for a large variety of commercial vehicles that not only are changing the world—but that customers love to drive."

The impact that activities accredited by the ALC program have had on emission reductions is quite notable.  BP estimates that 53 million tons of CO₂ equivalent have been saved or offset through activities delivered by BP, and 4.7 million tons through activities delivered by BP partners since the programme began in 2017¹. Lightning Systems is honored to be part of this low carbon effort and to continue to work to globally reduce carbon emissions. Read more about Lightning Systems ALC accreditation here.

About Lightning Systems
Transforming Top Trucks and Buses into Premium EVs
Lightning Systems designs and manufacturers zero emission all-electric powertrains for commercial fleets – from Class 3 Ford Transit vans to Class 6 work trucks and all the way to the largest city buses. The Lightning team works with forward-thinking fleets to provide the right electric powertrain on the right chassis in the right drive cycle. Lightning's products improve a fleet's operating costs and safety, and make sure they are driving the cleanest and most advanced technology available. To learn more, go to https://lightningsystems.com/.

About BP's Advancing Low Carbon Program
BP's Advancing Low Carbon accreditation program is designed to encourage BP and its partners to identify lower carbon opportunities. The ALC program aims to support BP's low carbon ambitions to

• Reduce emissions in their own operations
• Improve their products to help customers lower their emissions; and
• Create low carbon businesses.

To be recognized within the program, each activity must deliver what BP describes as a better carbon outcome, and meet a set of stringent criteria developed by BP.  The program's external assurance provider, Deloitte LLP, assesses the program and criteria and independently assures the accreditation of the activities and greenhouse gas (GHG) savings or offsets within the program. To learn more go to: https://bp.com/advancinglowcarbon

¹ See bp.com/advancinglowcarbon for details.

SOURCE Lightning Systems

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