Cummins and Isuzu Motors Limited have signed a Letter of Intent to jointly evaluate opportunities to deliver globally competitive products.
In the commercial vehicle space, power sources are increasingly becoming more diverse and emissions regulations continue to grow more stringent around the world.
“Significant investment will be required to deliver the best next generation diesel and natural gas based powertrain solutions as well as alternative powertrains, connectivity and autonomy that our end-customers demand,” said Cummins in announcing the partnership. “Collaboration and strategic partnerships will be essential to share increased investment costs and win in the market.”
Each company has committed to assign a team of individuals over the next few months to explore potential opportunities in product technology development, service and other areas of collaboration with the potential for a longer-term partnership for the next generation of diesel and natural gas-based internal combustion powertrains as well as new powertrain technologies such as electrification. Diesel engines will continue to be the power leader for the foreseeable future in commercial vehicle and off-highway markets.
The two companies say a long-term partnership would enable both companies to grow globally.
