Source: The Republic
Cummins Inc. is further diversifying as a company to fuel growth by placing an emphasis on electrification and digital technologies.
Chairman and CEO Tom Linebarger and nine other company executives participated in a conference call to share the company’s plans in those areas, and discuss how they think Cummins will be leaders in such markets.
Cummins also launched its Electrification Business earlier this year to seize on opportunities with commercial electric vehicles in urban markets, such as buses and delivery trucks.
The Electrification Business is focusing first on powertrains, and expects to have a fully electrified powertrain system to market for customers by the end of 2019, and an extended-range powertrain ready for customers by 2020, said Julie Furber, executive director of Electrification Business development.