Cummins Unveils Vision for Low-Carbon Future With Hydrogen

SOURCE: Cummins Inc.

DESCRIPTION:

Cummins laid out an aggressive strategy for hydrogen this week, addressing both production of the low-carbon energy source as well as the fuel cell technology to convert it into power for customers.

Speaking at the company’s Hydrogen Day, leaders said Cummins has the technical expertise and the manufacturing and customer support capabilities to successfully bring to market a range of hydrogen-related products at a scale for widespread adoption.

“Hydrogen technologies, particularly electrolyzers, will be a fast-growing and increasingly important part of our business over the next few years,” said Cummins Chairman and CEO Tom Linebarger at the virtual event, which drew a registered audience of more than 3,000 analysts, media members, environmental advocates and others.

“As momentum increases worldwide for the use of hydrogen solutions, we will continue to leverage our industry-leading hydrogen technologies, our deep customer relationships and our extensive service network to enable adoption,” said Linebarger, who serves on the board of the global Hydrogen Council.

Amy Davis, Vice President and President of the New Power business segment, which oversees Cummins’ work on battery-electric and hydrogen-related products, said customers can count on Cummins as they tackle the enormous challenges presented by moving to the carbon neutral future envisioned by the Paris climate accords.

“Our goal is to have the right products to meet customers’ needs at every point of the transition, which is why we have invested in multiple solutions upfront,” she said.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 61,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity.

Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.3 billion on sales of $23.6 billion in 2019. See how Cummins is powering a world that’s always on by accessing news releases and more information at https://www.cummins.com/always-on.

Tweet me: On #Hydrogen Day, @Cummins lays out aggressive strategy for hydrogen, addressing both production of the element and the technology to convert it into power. https://bit.ly/35CYbSJ #Cummins

KEYWORDS: NYSE:CMI, Cummins, World Hydrogen Day, hydrogen energy technology, hydrogen, sustainability

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