Tuesday, July 3, 2018

Cummins to Acquire Electric and Hybrid Powertrain Provider

Cummins Inc. (NYSE: CMI),  a global power leader that designs, manufactures, distributes and services a broad portfolio of power solutions, announced that it is acquiring Silicon Valley-based 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 […]

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