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Stock impact report

Cummins And Komatsu To Collaborate On Advancing Development Of Zero Emissions Mining Haul Trucks [TheStreet.com]

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: TheStreet.com
Today, Cummins Inc. ( ) -, a global power technology leader and Komatsu Ltd., a global provider of equipment and services for the construction and mining industries, have signed a memorandum of understanding to collaborate on the development of zero-emissions haulage equipment. Building on a legacy of diesel engine partnership across a wide variety of mining and construction equipment, Cummins and Komatsu will initially focus on zero emissions power technologies including hydrogen fuel cell solutions for large mining haul truck applications. "Komatsu's deep expertise in mining and equipment design and integration paired with our advanced power technologies including hydrogen fuel cells will accelerate decarbonization of mining equipment," said Amy Davis, Vice President and President of New Power at Cummins. "The mining industry has great potential to lead in adopting renewable solutions." In August 2021, Komatsu announced its power agnostic truck concept for a haulage vehicle that c Show less Read more
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