Terex Advance Signs Letter of Intent to Integrate and Offer Cummins X15H
11 Setembro 2023 - 11:00AM
Business Wire
First US-based on-highway OEM to secure X15H
as part of its decarbonization strategy
Cummins Inc. (NYSE: CMI), a global power solutions provider and
Terex® Advance, leading manufacturer of front-discharge concrete
mixer trucks, announced today the signing of a Letter of Intent
(LOI) to integrate Cummins’ X15H hydrogen internal combustion
engines into the Terex Advance Commander Series.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230911033897/en/
Cummins X15H Hydrogen Engine (Photo:
Business Wire)
“As the global need to reduce emissions becomes stronger, we are
actively pursuing practical, cost-effective strategies to help our
ready-mix customers decarbonize. Cummins’ X15H is a feasible
zero-carbon option for our renowned front-discharge mixer trucks,
and we are eagerly anticipating the future deployment of this
technology,” said David Grabner, General Manager at Terex
Advance.
Currently powered by Cummins diesel engines, the Terex Advance
Commander Series will include a zero-carbon hydrogen fuel option
when series production of Cummins’ X15H engines begins later this
decade.
“Hydrogen internal combustion engines provide a viable
zero-carbon fuel option for heavy-duty, high-performance
applications like concrete mixer trucks, which are often subject to
arduous duty-cycles and tough terrain. It is exciting to see OEMs
like Terex Advance leading the way in zero-carbon technologies,
particularly in complex sectors like vocational trucking,” said Jim
Nebergall, General Manager, Cummins Hydrogen Engine Business.
Part of Cummins’ industry-first fuel agnostic platform, the X15H
is based on familiar internal combustion engine technology.
Integration into the truck chassis is straightforward and does not
require major overhaul of vehicle designs or business operations.
Significant commonality between the X15H and Cummins’ existing
diesel platforms facilitates scale advantages in parts procurement
and supports existing maintenance practices.
“We believe that hydrogen internal combustion engines will play
an essential part in decarbonizing both on- and off-highway
applications. With diesel-like power and torque the X15H gives our
customers a power option that delivers, no matter how hard their
trucks work, or how tough the operating environment is,” concluded
Nebergall.
Hydrogen internal combustion engines enable vocational
applications to comply with the EPA’s proposed greenhouse gas (GHG)
Phase 3 standard, while still meeting critical performance
requirements.
This latest LOI signals growing global customer interest in
hydrogen internal combustion engine technology, with previous
letters signed by several truck fleet customers, a global truck OEM
and an agricultural tractor manufacturer.
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 59,900 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 $2.1 billion on sales of $24.0 billion in 2021. See
how Cummins is powering a world that is always on by accessing news
releases and more information at
https://www.cummins.com/always-on.
About Terex Advance
Terex® Advance is a business belonging to the Terex Materials
Processing segment of Terex Corporation, a global manufacturer of
materials processing machinery and aerial work platforms. Terex
Advance has a 50-year history of specializing in the design,
production, and support of a comprehensive lineup of concrete mixer
trucks, which are essential vehicles to the construction and
concrete industries.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230911033897/en/
Katie Zarich Cummins Inc. katie.zarich@cummins.com
Cummins (NYSE:CMI)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Cummins (NYSE:CMI)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024