Cummins

Run on Less - Electric DEPOT Showcases Leading Fleets Electrifying Their Operations

Retrieved on: 
Thursday, September 7, 2023

FORT WAYNE, Ind., Sept. 7, 2023 /PRNewswire/ -- The trucking industry is making strides in decarbonizing its operations. More fleets are making investments in alternative fueled vehicles, especially battery electric trucks. In an effort to help fleets understand the benefits and challenges of battery electric trucks in larger numbers, the North American Council for Freight Efficiency (NACFE), is conducting Run on Less – Electric DEPOT September 11-30 where it will not only track the activity of the 21 electric trucks — including two Tesla Semis — but will also look at total depot electric energy and fuel for all the trucks per day and what that will mean in total electrical energy if all trucks at the depot are converted to electric vehicles.

Key Points: 
  • Tesla Semi among 21 electric vehicles being tracked as part of NACFE's research on scaling electric trucks at fleet depots.
  • More fleets are making investments in alternative fueled vehicles, especially battery electric trucks.
  • Tesla Semi among 21 electric vehicles being tracked as part of research on scaling electric trucks at fleet depots.
  • "Yet leading fleets are tackling those challenges and are giving us access to their operations so we can share what they are learning with the rest of the industry."

Accelera by Cummins, Daimler Truck and PACCAR Form a Joint Venture to Advance Battery Cell Production in The United States

Retrieved on: 
Wednesday, September 6, 2023

Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”) and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States.

Key Points: 
  • Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”) and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States.
  • Accelera by Cummins, Daimler Truck and PACCAR will each own 30% of, and jointly control, the joint venture, which will initially focus on the lithium-iron-phosphate (LFP) battery technology family for commercial battery-electric trucks.
  • Accelera by Cummins, Daimler Truck and PACCAR expect to see growing demand for battery technology throughout this decade and U.S. customers will benefit from a state-of-the-art dedicated battery cell factory.
  • EVE Energy [SZSE:310004] will serve as the technology partner in the joint venture with 10% ownership and will contribute its industry-leading battery cell design and manufacturing know-how.

Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States

Retrieved on: 
Wednesday, September 6, 2023

Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”) and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States.

Key Points: 
  • Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”) and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States.
  • Accelera by Cummins, Daimler Truck and PACCAR will each own 30% of, and jointly control, the joint venture, which will initially focus on the lithium-iron-phosphate (LFP) battery technology family for commercial battery-electric trucks.
  • Accelera by Cummins, Daimler Truck and PACCAR expect to see growing demand for battery technology throughout this decade and U.S. customers will benefit from a state-of-the-art dedicated battery cell factory.
  • EVE Energy [SZSE:310004] will serve as the technology partner in the joint venture with 10% ownership and will contribute its industry-leading battery cell design and manufacturing know-how.

Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States

Retrieved on: 
Wednesday, September 6, 2023

Accelera by Cummins, Daimler Truck and PACCAR will each own 30% of, and jointly control, the joint venture, which will initially focus on the lithium-iron-phosphate (LFP) battery technology family for commercial battery-electric trucks.

Key Points: 
  • Accelera by Cummins, Daimler Truck and PACCAR will each own 30% of, and jointly control, the joint venture, which will initially focus on the lithium-iron-phosphate (LFP) battery technology family for commercial battery-electric trucks.
  • Accelera by Cummins, Daimler Truck and PACCAR expect to see growing demand for battery technology throughout this decade and U.S. customers will benefit from a state-of-the-art dedicated battery cell factory.
  • EVE Energy [SZSE:310004] will serve as the technology partner in the joint venture with 10% ownership and will contribute its industry-leading battery cell design and manufacturing know-how.
  • Accelera by Cummins, Daimler Truck and PACCAR are leading the commercial vehicle sector's transition to zero-emissions technologies.

Sustainable aviation fuel market to grow by USD 1,978 billion from 2022 to 2027 | Favorable government policies to boost market growth - Technavio

Retrieved on: 
Friday, September 1, 2023

Additionally, increased government focus on targets and incentives is likely to drive the growth of the global aviation biofuels market during the forecast period.

Key Points: 
  • Additionally, increased government focus on targets and incentives is likely to drive the growth of the global aviation biofuels market during the forecast period.
  • Sustainable Aviation Fuel Market 2023-2027: Company Analysis
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • The commercial aircraft aviation fuel market size is estimated to grow at a CAGR of 7.65% between 2022 and 2027, and the size of the market is forecast to increase by USD 49.5 billion.
  • Increasing focus on clean aviation fuel will drive the growth of the market during the forecast period.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Applied Digital Corporation of Class Action Lawsuit and Upcoming Deadline – APLD

Retrieved on: 
Friday, September 1, 2023

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.

Key Points: 
  • NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Applied Digital, originally known as Applied Blockchain, designs, develops, and operates datacenters in North America, and provides artificial intelligence (“AI”) cloud services, computing datacenter hosting, and crypto datacenter hosting services.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Global Hydrogen Engine Market Analysis Report 2023: Market Trends with Data from 2022, Estimates for 2023, and CAGR Projections through 2028

Retrieved on: 
Thursday, August 31, 2023

DUBLIN, Aug. 31, 2023 /PRNewswire/ -- The "Hydrogen Engine: Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 31, 2023 /PRNewswire/ -- The "Hydrogen Engine: Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028.
  • This market is expected to grow at a CAGR of 26.8% between 2023 and 2028.
  • Amid this paradigm shift, hydrogen as a fuel emerges as a stalwart contender, offering promise in alleviating carbon emissions conundrums.

Cummins Distribution Business President Tracy Embree to Depart the Company

Retrieved on: 
Tuesday, August 29, 2023

Today, Cummins Inc. (NYSE: CMI) announced that Tracy Embree, Cummins Vice President and President of the Distribution Business, is leaving Cummins on September 8 to pursue an external opportunity.

Key Points: 
  • Today, Cummins Inc. (NYSE: CMI) announced that Tracy Embree, Cummins Vice President and President of the Distribution Business, is leaving Cummins on September 8 to pursue an external opportunity.
  • “Tracy has had a tremendous impact on people and our business during her career at Cummins,” said Jennifer Rumsey, Cummins Inc.
  • Embree held other key leadership roles during her career including president of the Turbo Technologies Business, executive director of the Global Midrange On-Highway Engine Business, and executive director of Cummins’ Chrysler Business.
  • Upon Embree’s departure, Cummins Senior Vice President Tony Satterthwaite will serve as interim leader of the Distribution Business, which he previously led from 2015-2019.

Central Asia Data Center Market Outlook Report 2023-2028 Featuring Key Investors - AzInTelecom, DataPro, Kazteleport, QazCloud, Rostelecom, Transtelecom, Uzbektelecom - ResearchAndMarkets.com

Retrieved on: 
Monday, August 28, 2023

The "Central Asia Data Center Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Central Asia Data Center Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Kazakhstan is considered a prime location for data center development in the Central Asia data center market.
  • Uzbekistan is an emerging data center market in Central Asia and is also a largely populated country in the region.
  • The market has the presence of several participants/vendors that are active in the Central Asia data center market.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Applied Digital Corporation of Class Action Lawsuit and Upcoming Deadline – APLD

Retrieved on: 
Saturday, August 26, 2023

NEW YORK, Aug. 26, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.

Key Points: 
  • NEW YORK, Aug. 26, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Applied Digital, originally known as Applied Blockchain, designs, develops, and operates datacenters in North America, and provides artificial intelligence (“AI”) cloud services, computing datacenter hosting, and crypto datacenter hosting services.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.