Cum­mins buys elec­tric driv­e­trains group

Australian Transport News - - News -

En­gine builder Cum­mins will ac­quire a Sil­i­con Val­ley-based driv­e­trains com­pany which it says will help it be­come a leader in elec­tri­fied power.

Ef­fi­cient Driv­e­trains (EDI) de­signs and pro­duces hy­brid and fully elec­tric power so­lu­tions for com­mer­cial mar­kets – with some hav­ing trav­elled more than six mil­lion miles across the United States and China in a fleet set­ting.

Cum­mins says EDI’s hy­brid sys­tem is the most ver­sa­tile on the mar­ket to­day, able to switch, in real time, be­tween fully elec­tric, se­ries and par­al­lel modes. Cum­mins adds the EDI’s di­verse cus­tomer base would give it a spring­board into elec­tri­fied mar­kets, help­ing it grow mar­ket share in the seg­ment more quickly.

While it started build­ing its elec­tri­fi­ca­tion abil­i­ties more than a decade ago, Cum­mins has fast-tracked in the past nine months, ac­quir­ing UK-based John­son Matthey Bat­tery Sys­tems and North Amer­ica-based Brammo.

Cum­mins chair­man Tom Linebarger says his com­pany is com­mit­ted to in­no­va­tions that will de­liver the right power so­lu­tions for the right ap­pli­ca­tions at the right time.

“This ac­qui­si­tion will com­bine EDI’s tal­ented work­force and elec­tri­fi­ca­tion ca­pa­bil­i­ties with Cum­mins’ ex­per­tise in de­vel­op­ing and man­u­fac­tur­ing the tech­nolo­gies that power the world,” he says.

EDI chair­man and CEO Jo­erg Fer­chau says the com­bi­na­tion of the two com­pa­nies pre­sents a “tremen­dous op­por­tu­nity for growth and cat­e­gory lead­er­ship.”

“Ve­hi­cle orig­i­nal equip­ment man­u­fac­tur­ers and fleets eval­u­at­ing new elec­tric and hy­brid tech­nolo­gies pre­fer to work with well- es­tab­lished com­pa­nies that have the depth and re­sources to pro­vide the sup­port that’s needed to scale into high vol­ume mass pro­duc­tion,” he says.

“To­gether, we can lead the elec­tri­fi­ca­tion cat­e­gory, and pro­vide ex­cit­ing new op­tions that the mar­ket will em­brace.”

The deal is ex­pected to be con­cluded by Oc­to­ber this year.

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