Cummins Inc. (CMI) said that it will receive nearly $54 million in funding from the Department of Energy or DOE for two projects aimed at improving fuel efficiency in heavy-duty and light-duty vehicles. The Cummins awards were among nine project awards, totaling more than $187 million, announced at an event held at Cummins' Columbus Technical Center, which also was attended by U.S. Sen. Evan Bayh, Rep. Baron Hill and state and local officials.
Cummins said that it will receive nearly $39 million in funding to support systems level technology development, integration, and demonstration for highly efficient Class 8 trucks (SuperTruck). The Company will receive an additional $15 million in funding to support advanced technology powertrains for light-duty vehicles (ATP-LD).
Cummins noted that it will partner with Peterbilt Motors Company, a division of PACCAR, for its SuperTruck project.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.