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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.