COLUMBUS, Ind.--(BUSINESS WIRE)--Jun. 15, 2017-- During a teleconference yesterday evening, Cummins Inc. (NYSE: CMI) executives shared how the Company is positioned to lead in current and future technologies, including its core business, electrification, alternative fuels and power solutions, as well as in digital capabilities, data and analytics.
“As a global power leader for the commercial and industrial markets we serve, we are better positioned than any other company to win in new and emerging technologies,” said Tom Linebarger, Cummins Chairman and CEO. “Over the past 100 years, our ability to innovate and adapt has fueled our success and we are confident we are on the right path to do it again at this critical juncture. We are prepared to provide a range of power technologies to our customers from diesel and natural gas to fully electric and hybrid powertrains to ensure they always have the best solution for their application.”
Today, Cummins delivers zero emissions natural gas engine systems that are a great fit for urban areas addressing air quality issues and requirements. Natural gas engine technology can have a very low carbon footprint and can even be considered carbon negative when paired with renewable natural gas. Today’s natural gas engines and fuel systems are better than ever, vehicles have a much longer range, maintenance is improved, and fueling station availability has expanded – all of which lead to significantly improved uptime and total cost of ownership for fleets.
Additionally, Cummins has invested in research and development projects to build capability to develop products utilizing a wide range of fuels. The Company is developing high efficiency gasoline technology that can deliver diesel-like performance and durability, meeting the most stringent emission requirements while maintaining competitive fuel economy.
Longer term, the Company’s Research and Technology Department continues to investigate the viability of alternatives like bio-fuels, synthetic fuels and hydrogen. Cummins has also invested in exploratory projects focused on Proton Exchange Membrane and Solid Oxide Fuel Cell technologies – both with increasing potential to offer superior power density over the traditional internal combustion engine.