‘Important Milestone’ as Cummins Develops Battery Trucks
Cummins, the diesel engine leader which late last summer introduced an all-battery Class 7 urban delivery vehicle, has acquired Oregon’s Brammo, Inc., a manufacturer of battery and electric driveline systems.
“Adding Brammo’s battery pack expertise and resources is an important milestone in Cummins efforts to become a global electrified power leader,” states a release.
“To be a leading provider of electrified power systems just as we are with diesel and natural gas driven powertrains, we must own key elements and subsystems of the electrification network,” Cummins chairman and CEO Tom Linebarger says in the Brammo acquisition announcement.
‘We Are Taking a Step Forward’
“By adding the expertise of Brammo and its employees to Cummins, we are taking a step forward in our electrification business and differentiating ourselves from our competition.
“As always, when markets are ready, Cummins will bring our customers the right power solution at the right time to power their success,” Linebarger said.
Operations from this acquisition will report under Cummins’s recently formed Electrification Business led by Julie Furber, Cummins executive director of electrification, “and will continue to be based in Talent, Oregon.
“Founded in 2002,” Cummins says, “Brammo has made great strides in developing electric energy storage technology for mobile and stationary applications.”
‘A Broad Range of Applications’
“Brammo’s expertise across a broad range of applications uniquely positions us to enhance Cummins efforts to be a leader in the electrified power space,” Brammo chairman and CEO Craig Bramscher says in the Cummins release.
“We see this as a very exciting opportunity to continue changing the way the world moves and stores power.”
The acquisition is expected to close by the end of this calendar year, Cummins says.
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Source: Cummins with Fleets & Fuels follow-up