Welcome to our dedicated page for Cummins news (Ticker: CMI), a resource for investors and traders seeking the latest updates and insights on Cummins stock.
Cummins Inc. (NYSE: CMI) maintains its position as a global power technology leader through continuous innovation in diesel engines, clean energy solutions, and sustainable infrastructure. This news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and technological advancements.
Access real-time information about earnings reports, strategic partnerships, product launches, and environmental initiatives. Our curated news collection covers operational milestones across Cummins' core segments: engine manufacturing, power generation systems, and zero-emissions technologies like hydrogen fuel cells through its Accelera™ division.
Stay informed about regulatory compliance updates, supply chain developments, and progress toward PLANET 2050 sustainability goals. Content types include quarterly financial disclosures, leadership announcements, R&D breakthroughs, and market expansion updates across 190 countries.
Bookmark this page for streamlined access to verified Cummins news. Combine historical context with current developments to assess the company's role in powering global industries while transitioning to cleaner energy solutions.
Cummins Inc. (NYSE: CMI) has signed a definitive agreement with Tata Motors Limited (NYSE: TTM) to manufacture low- to zero-emissions technology products in India. This collaboration, furthering their 30-year partnership, builds upon a prior Memorandum of Understanding from November 2022. The new entity, TCPL Green Energy Solutions Private Limited, will focus on developing hydrogen-powered combustion engines, fuel delivery systems, and electric powertrains under the Accelera brand. This initiative aims to support India's net-zero goals, provide sustainable mobility solutions, and enhance air quality. Cummins President Jennifer Rumsey emphasized partnership in advancing clean technologies, while Tata's Girish Wagh stated their commitment to achieving net-zero emissions in commercial vehicles by 2045.
Cummins has been recognized by the U.S. Department of Energy for its solar installation at the Rocky Mount Engine Plant in North Carolina, awarded with a 2023 Better Project Award. The 3.62 megawatt (MW) solar farm, operational since September 2022, generates approximately 5.6 million kilowatt hours of energy annually, significantly reducing grid electricity purchases. This initiative is part of the DOE's Better Buildings/Better Plants program, aimed at improving energy efficiency among leading manufacturers. The project includes unique solar tracking panels, enhancing efficiency on available land. Cummins aims to meet its PLANET 2050 sustainability goals, targeting a 50% reduction in greenhouse gas emissions by 2030 and striving for zero emissions by 2050. To date, Cummins has completed 65 solar array installations globally.