Vancouver-based Loop Energy, a leading provider of fuel cell electric range extenders for medium and heavy-duty transport applications, has announced a cash investment in the company from Cummins Inc.
The news comes as the latest sign of Cummins stepping up its investment in a zero emissions future, having recently completed the acquisition of Hydrogenics and, earlier in the summer, Efficient Drivetrains.
Cummins strengthens fuel cell capabilities with Hydrogenics acquisition
“Cummins is investing in a broad portfolio of power solutions, including advancements in hydrogen fuel cell technologies and the electrification of commercial applications,” said Thad Ewald, Vice-President of Corporate Strategy, Cummins.
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