2023-2024 Cummins Sustainability Progress Report: Government Relations

Rhea-AI Summary

Cummins' Government Relations function actively shaped policies in 2023 to advance the company's Destination Zero goals and promote racial equity. Key focus areas included:

1. Energy transition: Advocating for technology-neutral, market-driven policies to lower emissions globally.

2. U.S. initiatives: Implementing the Inflation Reduction Act, participating in White House electrification roundtables, and collaborating on clean hydrogen projects.

3. Global efforts: Supporting EURO 7 regulations in the EU and India's National Green Hydrogen Mission.

4. Innovation: Partnering with Indiana DOT and Purdue University to test wireless EV charging on highways.

These efforts aim to accelerate the adoption of low- and zero-emissions technologies in commercial and industrial vehicles, positioning Cummins (CMI) as a leader in the transition to a sustainable future.

Actively shaping policies that advance the company's strategy and mission

NORTHAMPTON, MA / ACCESSWIRE / July 31, 2024 / Cummins, through its Government Relations function, worked on a wide variety of local, state, federal and international policy issues in 2023. From setting and pursuing the company's Destination Zero goals to promoting racial equity, Cummins strives to use its voice to shape policies that benefit all stakeholders.

Energy transition

Regulations and public-private partnerships are key pacing factors as the commercial and industrial vehicle industry moves to a zero-emissions future. Regulations will drive progress across low- and zero-emissions solutions, both with mandated stricter emissions regulations and also by potentially narrowing the economic gap between legacy solutions and low-carbon solutions with a carbon tax or other subsidies. As such, Cummins continued to advocate for policies around the world that are technology-neutral, market-driven and lower emissions.

After successfully advocating for key provisions in the Inflation Reduction Act passed in the U.S. in 2022, Cummins has been working to ensure effective implementation in order to accelerate
adoption of technologies like hydrogen electrolyzers for zero-emissions hydrogen production. The group worked with the U.S. Departments of Treasury and Energy to advise and submit comments to shape the Clean Hydrogen Production Tax Credit, ensuring clean hydrogen projects get off the ground and help decarbonize hard-toabate sectors like power generation
and sustainable aviation.

Cummins also facilitated participation with two White House heavy-duty electrification roundtables focused on discussing how government and industry can come together to promote truck electrification. As part of this, Cummins worked closely with the White House
and the U.S. Department of Energy on their roadmap of heavy-duty freight corridors for electric charging and hydrogen fueling, and promoted the Department of Energy's Clean Fuels &
Products Shot™ for those hard-to-abate sectors that might not electrify as quickly, like offroad equipment.

In the state of Indiana (U.S.), where the company is headquartered, Cummins is partnering with the Indiana Department of Transportation and Purdue University to install and test what has been billed as the first stretch of highway in the U.S. that can wirelessly charge electric vehicles as they drive down the road.

Globally, Cummins successfully advocated for the adoption of tough, clear, and enforceable EURO 7 regulations, which apply stricter exhaust emissions limits for passenger cars, buses and heavy-duty vehicles in the European Union. Cummins dedicated significant time and energy into educating and collaborating with key stakeholders to get the regulations formally adopted in April of 2024.

In India, the government announced the National Green Hydrogen Mission in early January 2023, which aims to make India a leading producer, supplier and consumer of green hydrogen. Cummins is working closely with other industry stakeholders and the Indian Ministry of Heavy Industries to understand and obtain incentives for aftertreatment technologies and for Cummins' Accelera products. Through this work, Cummins is working to ensure that the company is a key player in moving India toward energy independence.

Read more about Government Relations at Cummins in the 2023-2024 Sustainability Progress Report

Cummins Vice President of Research and Technology, Tim Frazier, speaks at the groundbreaking ceremony. Behind him is the Cummins truck that will drive over the test bed in a pilot expected to begin in 2025. Courtesy Cummins

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SOURCE: Cummins Inc.

View the original press release on accesswire.com

FAQ

What were Cummins' (CMI) key policy focus areas in 2023?

Cummins focused on energy transition, implementing the Inflation Reduction Act, participating in White House electrification roundtables, supporting EURO 7 regulations in the EU, and collaborating on India's National Green Hydrogen Mission.

How is Cummins (CMI) involved in the U.S. Inflation Reduction Act?

Cummins is working to ensure effective implementation of the Act, particularly in shaping the Clean Hydrogen Production Tax Credit to accelerate adoption of technologies like hydrogen electrolyzers for zero-emissions hydrogen production.

What innovative project is Cummins (CMI) working on in Indiana?

Cummins is partnering with the Indiana Department of Transportation and Purdue University to install and test the first stretch of highway in the U.S. that can wirelessly charge electric vehicles as they drive.

How did Cummins (CMI) contribute to EURO 7 regulations in 2023-2024?

Cummins successfully advocated for the adoption of tough, clear, and enforceable EURO 7 regulations, which apply stricter exhaust emissions limits for vehicles in the European Union. The regulations were formally adopted in April 2024.

What is Cummins' (CMI) role in India's National Green Hydrogen Mission?

Cummins is working closely with industry stakeholders and the Indian Ministry of Heavy Industries to understand and obtain incentives for aftertreatment technologies and Accelera products, aiming to be a key player in moving India toward energy independence.