Dana (NYSE: DAN) has announced the launch of its new hydrostatic driveline for telehandlers in North America, designed for flexibility and modularity to easily transition to hydrogen or battery-electric vehicles. 

Developed for telehandler applications lifting up to 12,000 pounds, the driveline features a compact Spicer 312 dropbox and is optimized for efficiency, noise, vibration and harshness. It is paired with Spicer 222 axles and is maintenance-free. 

This new hydrostatic dropbox functions as a continuously variable transmission without torque interruption and delivers enhanced performance with precise movements at low speeds, reduced fuel consumption, and an integrated spring applied hydraulic release parking brake.

Jeroen Decleer, senior vice president of Dana Off-Highway Drive and Motion Systems stated: "Our new hydrostatic driveline offers operators an easy-to-use solution with increased performance and efficiency at low speeds.  This makes it an ideal fit for use in the North American telehandler market and its modular approach gives customers the flexibility to make the transition to a zero-emissions solution." 

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.

Shares of Dana trade on the NYSE under the ticker symbol DAN.