On June 14, Cummins announced that an electric powertrain will be available to its customers in 2019 and an electric vehicle with extended range will be available to customers in 2020. In an announcement by chairman and CEO of Cummins, Tom Linebarger noted the value of electrification in the transportation industry. Julie Furber, the executive director of electrification at Cummins discussed the inevitable adoption of electrification amid rising environmental regulations and how as a leading provider of this technology Cummins must ensure that its cost and performance of are viable as as trucks, off-highway and mining equipment, in addition to stationary power segments adopt electrification.
Key Takeaways:
- Cummins announced that it will have a fully developed, all-electric powertrain available and on the road for customers in 2019, with a range-extended electric vehicle coming in 2020.
- In the short term, we believe electrification will come to transit bus, P&D and material handling segments. In the long term, this technology will come to all of the markets we serve in one form or another.
- As a leading provider of this technology, Cummins must make sure the cost and performance perspectives of this technology is viable so the long-term economics are in place for favorable cost of ownership later on, as trucks, off-highway and mining equipment as well as stationary power segments turn to electrification.
“Cummins announced that it will have a fully developed, all-electric powertrain available and on the road for customers in 2019, with a range-extended electric vehicle coming in 2020. The company made the announcement during a conference call Wednesday evening.”