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Stock impact report

Cummins Partners with the University of California San Diego on Second-Life Battery Development

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced a multi-year partnership with the University of California San Diego (UC San Diego) and its battery validation lab to analyze viable business and technical approaches to effectively reuse and repurpose electric vehicle batteries.Under the agreement, UC San Diego will perform accelerated testing and real-world application testing, and will develop an outdoor second-life demonstration system comprised of Cummins battery modules. The collaboration will enable Cummins to acquire valuable data on the aging behaviors of its battery modules, test integration solutions for second-life battery systems, and validate stationary energy storage system performance under grid energy storage applications.“Electrification has the potential to play an enormous role as we move toward decarbonization of many industries, but in order to maximize that potential, it’s crucial that we focus on the sustainability of the entire produ Show less Read more
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