Tesla beaten to the launch of a battery-powered commercial truck by Cummins
Tesla Inc (NASDAQ:TSLA) has been beaten to the launch of a battery-powered commercial truck by Cummins Inc (NYSE:CMI) .
The NYSE listed firm – a leading maker of diesel and natural gas engines for commercial trucks – has unveiled a heavy-duty truck cab featuring an advanced 140 kWh battery pack that it will start selling from 2019.
With a 100-mile range, the Cummins electric power train is being targeted at urban delivery vehicles, although it can be recharged in about an hour at a charging station.
Cummins is to supply a fully integrated battery electronics system, buying the cells from an unnamed provider, with production to begin in 2019.
Cummins’ announcement comes a few weeks ahead of electric vehicle giant Tesla’s planned launch of an electric truck Tesla makes its own battery cells at factory in Nevada.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/183177/tesla-beaten-to-the-launch-of-a-battery-powered-commercial-truck-by-cummins-183177.html
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