Published by Todd Bush on August 30, 2022
August 29, 2022 03:00 PM Eastern Daylight Time BOONE, Iowa--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI), a leading tractor manufacturer under the Versatile brand, announced today that they have signed a letter of intent and plans to integrate the Cummins 15-liter hydrogen engines in Versatile's equipment to lead the decarbonization of the agriculture market.
>> In Other News: Large-Scale Green Hydrogen for the UK: Air Products and Associated British Ports Partner on Renewable Hydrogen Production
"Versatile is a longstanding manufacturer in the agriculture space with a reputation for excellence in tractors," said Ann Schmelzer, General Manager Cummins Global Agriculture Business. "Our companies share a commitment to technology, quality and dependability for our customers. Cummins is excited to be working with Versatile as we leverage our respective strengths to create new opportunities for both companies."
Since 1967, Versatile has used Cummins engines exclusively in all four-wheel drive tractors. For decades, both Versatile and Cummins have been leaders in technology innovation and delivering reliable performance to farmers across the globe. Each company is uniquely positioned to build on their exceptional histories in agriculture as they step forward into new powertrain technologies.
"While diesel engines continue to be the flexible power of choice for the foreseeable future in agriculture, such a collaboration enables both companies to develop low and zero carbon solutions that are ideally suited to farming," said Adam Reid, Versatile's Vice-President of Sales and Marketing.
"Cummins has recently announced its plan to leverage existing platforms and expertise in spark ignited technology to build hydrogen engines. The high commonality among engine components between diesel and hydrogen leverages scale advantages for OEMs, while delivering the reliability that farmers need," added Schmelzer.
Hydrogen combustion engines will provide a cost effective zero-carbon fueled solution for high load factor and high utilization applications. Key benefits of using this technology include enabling a more-timely solution to reduce carbon emissions without sacrificing productivity. It minimizes the impact on the machine design for manufacturers, allowing common parts and components across platforms to drive scale advantages, reducing costs. When integrated in farm equipment, farmers will have a solution that is dependable, as well as easy to service and maintain.
Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24.0 billion in 2021. See how Cummins is powering a world that's always on by accessing news releases and more information at https://www.cummins.com/always-on.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Inside This Issue 🌍 Innovating the Future: Gautam Swami's Global Journey in Low-carbon Energy and Finance 🌊 Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O...
EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State
PORTLAND, Ore.--Yesterday, EFM, a forest investment and management firm, and Meta announced that they have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based car...
Carbon Direct Releases Criteria for High-Quality Marine CDR in Collaboration with Microsoft
New standards aim to support buyers and developers in advancing scientifically rigorous, scalable mCDR solutions Key Takeaways: New standards for marine carbon dioxide removal (mCDR) – Carbon ...
dynaCERT Applauds the Expansion of the Ontario Hydrogen Innovation Fund
TORONTO – dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) applauds the recently announced changes of March 31, 2025, proposed for the Ontario Government Hydrogen Inno...
$28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault's balance sheet for the first resiliency c...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.