Excel Engineering

Excel Engineering

Powertrain testing and emissions regulation compliance

Overview

Excel Engineering provides testing services for all powertrain types, including ICE, EV, HEV, hydrogen, and battery systems. Its facilities feature over 40 engine testing cells across three locations, testing up to 5500 HP, and chassis dynos, supporting emissions testing, regulatory compliance, and development work. It also offers battery performance, environmental, and abuse testing, as well as service accumulation and DV/PV testing for OEMs during ramp-ups. The company differentiates itself with a broad, specialized suite of powertrain test capabilities—covering emissions, HV battery systems, e-motors, power transmission, and certification testing for ATV, SXS, motorcycles, and other vehicles under 40 CFR standards—combined with custom test development in collaboration with customers. Its goal is to deliver high-quality, cost-effective testing solutions that accelerate product development and ensure regulatory compliance across traditional and emerging powertrain technologies.

About Excel Engineering

Simplify's Rating
Why Excel Engineering is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Des Moines, Iowa

Founded

2002

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Simplify's Take

What believers are saying

  • Mount Ayr's 30 battery test cells support high-voltage demand growth.
  • The Q2 2026 chassis dyno expands EV certification revenue immediately.
  • Fusion's January 2026 investment funds hiring, capacity, and capability expansion.

What critics are saying

  • OEM concentration makes a single program loss hit utilization fast.
  • New 30,000-square-foot chassis dyno launch in Q2 2026 needs flawless execution.
  • Private equity leverage plus capex pressure can crush margins if test demand slips.

What makes Excel Engineering unique

  • Excel tests ICE, EV, hydrogen, and battery systems under one roof.
  • Its Iowa, Michigan, and Belleville footprint serves OEMs near U.S. auto corridors.
  • Fusion Capital backed Excel on January 6, 2026, signaling institutional scaling support.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Flexible Work Hours

Wellness Program

Professional Development Budget

Employee Referral Bonus

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-7%

2 year growth

-7%
Business Wire
Jan 7th, 2026
Excel Engineering, Inc. Announces New Partnership and Strategic Investment from Fusion Capital Partners

Excel Engineering, Inc. (“Excel” or “the Company”), a North American provider of testing services for engine, powertrain, battery systems and fuel types acro...

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