Shares of Cummins Inc. (CMI) edged up 0.4% in premarket trading Tuesday, after the powertrains and auto components company said it has began testing a hydrogen-fueled internal combustion engine. The company said it will evaluate the engine, after the proof-of-concept testing is complete, for on- and off-highway applications. "The hydrogen engine program can potentially expand the technology options available to achieve a more sustainable transport sector, complementing our capabilities in hydrogen fuel cell, battery electric and renewable natural gas powertrains," said Jonathan White, vice president of Cummins' Engine Business Engineering. The stock has lost 6.6% over the past three months, while the S&P 500 has gained 5.9%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
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