Cummins has acquired Efficient Drivetrains Inc., a Silicon Valley-based company known for producing hybrid and electric power solutions for the commercial market.
The addition of EDI to Cummins’ portfolio is part of the company’s effort to become a 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 chief executive officer, Cummins. “This acquisition will combine EDI’s talented workforce and electrification capabilities with Cummins’ expertise in developing and manufacturing the technologies that power the world.”
In the past nine months, Cummins has accelerated investment in its electrification capabilities by acquiring the electric storage companies Johnson Matthey Battery Systems and Brammo. EDI’s addition is expected to broaden Cummins’ electrification expertise and product offerings. EDI offers a fully-electric and a four-mode hybrid powertrain. The company’s EDI Powerdrive hybrid system is able to switch on the fly between fully electric, series, and parallel modes.
“EDI’s advanced portfolio of plug-in-hybrid and full electric technologies paired with Cummins’ industry leadership and focus on innovation will allow us to deliver best-in-class products, service and support worldwide,” said Joerg Ferchau, EDI chairman and CEO. “Vehicle OEMs and fleets evaluating new electric and hybrid technologies prefer to work with well-established companies that have the depth and resources to provide the support that’s needed to scale into high volume mass production.”
Originally posted on Trucking Info