Cummins Inc. (NYSE: CMI), a global leader in power and technology, has announced the launch of a new brand for its New Power business unit – Accelera by Cummins. Accelera offers a range of zero-emissions solutions to help various industries transition to a sustainable future.
The new brand is an essential component of Cummins’ Destination Zero strategy, aimed at achieving zero emissions across its product portfolio. Over the past few years, Cummins has invested over $1.5 billion in research, technology, capital, and acquisitions to build Accelera’s leadership and technological capabilities. Today, Accelera is a global leader in zero-emissions technologies, providing battery electric and fuel cell electric solutions across commercial and industrial applications.
Accelera offers a broad range of zero-emissions solutions, including hydrogen fuel cells, batteries, e-axles, traction systems, and electrolyzers, to sustainably power a variety of industries. As a components supplier and integrator, Accelera is decarbonizing applications like buses, trucks, trains, construction equipment, stationary power, and carbon-intense industrial processes. By leveraging its technical expertise, extensive service and support network, and deep understanding of customer needs and applications, Accelera will deliver leading zero-emissions technologies necessary to accelerate the shift to zero.
Jennifer Rumsey, Cummins President and Chief Executive Officer, said that achieving the company’s goal of reaching net-zero emissions by 2050 requires leveraging its entire portfolio of businesses. Establishing Accelera reinforces Cummins’ commitment to leading in zero-emissions solutions and highlights its unmatched ability to walk hand in hand with customers throughout the energy transition.
In summary, Accelera by Cummins is a new brand offering a diverse portfolio of zero-emissions solutions to accelerate the shift to a sustainable future. The brand reinforces Cummins’ commitment to leading in zero-emissions solutions, leveraging its technical expertise, deep understanding of customer needs and applications, and extensive service and support network.
One can borrow the idea of investing in zero-emissions technologies from Cummins’ efforts to achieve its Destination Zero strategy. The company has invested over $1.5 billion in research and technology, capital, and acquisitions to build Accelera’s leadership and technological capabilities, making it a global leader in zero-emissions technologies. This strategy has helped Cummins stay ahead of the ever-changing zero-emissions landscape and reinforces the company’s commitment to leading in zero-emissions solutions.
Other countries can benefit from this strategy by investing in similar research and technology to develop zero-emissions technologies that can help decarbonize various industries. For example, countries can invest in developing and promoting the use of electric vehicles and renewable energy sources, such as wind and solar power.
Additionally, countries can adopt policies and regulations that support the transition to a low-carbon economy. For instance, the European Union has set a target to reduce greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. The EU is also promoting the use of electric vehicles by setting a target for at least 30 million zero-emission vehicles on the road by 2030.
Furthermore, countries can collaborate with companies and other organizations to share knowledge and expertise on zero-emissions technologies. For example, Cummins has partnered with several organizations, such as Hyundai, NPROXX, and Loop Energy, to develop and deploy fuel cell and hydrogen technologies for various industries.
In conclusion, borrowing the idea of investing in zero-emissions technologies from Cummins can be helpful to other countries in promoting the transition to a sustainable future. This can be achieved through investing in research and technology, adopting policies and regulations that support the transition, and collaborating with companies and other organizations to share knowledge and expertise.