Cummins Secures $2.1 Million from The Centralia Coal Transition Grants Energy Technology Fund to Advance Hybrid Haul Truck Technology and Drive Decarbonization in Mining [Yahoo! Finance]
Cummins Inc. (CMI)
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Source: Yahoo! Finance
selection for a $2.1M grant from the Centralia Coal Transition Grants Energy Technology Board to support the continued development and testing of hybrid haul truck systems at the Proving Grounds - Centralia (PGC) in Washington State. The funding, which will support activities through 2027 - including technology development and validation, training, documentation, and customer engagement - will accelerate Cummins' efforts to reduce carbon emissions in the global mining industry through its subsidiary, First Mode. Cummins acquired First Mode assets in February 2025, continuing its mission to decarbonize heavy industry. Since 2022, First Mode has operated at the TransAlta Centralia Coal Mine, transforming the site into a hub for clean energy innovation. The newly awarded grant will fund critical testing, training, documentation, and customer engagement activities at PGC over the next two years, supporting both trial and limited production releases of hybrid haul truck systems. "Cummi
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- Cummins (NYSE:CMI) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
CMI
Earnings
- 11/6/25 - Miss
CMI
Sec Filings
- 11/25/25 - Form 4
- 11/25/25 - Form 144
- 11/13/25 - Form 4
- CMI's page on the SEC website