Acquisition will accelerate efforts to electrify Cummins powertrains.
Cummins has announced that it is acquiring Efficient Drivetrains, Inc. (EDI), which designs and produces hybrid and fully-electric power solutions for commercial markets.
Adding EDI to the Cummins portfolio is the latest step forward in Cummins’ ambitions to become a global electrified power leader.
“As power needs and technologies continue to evolve, Cummins remains committed to innovations that will deliver the right power solutions for the right applications at the right time to help our customers’ succeed,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “This acquisition will combine EDI’s talented workforce and electrification capabilities with Cummins’ expertise in developing and manufacturing the technologies that power the world.”