Cummins Collaborates With This Tractor Manufacturer For Hydrogen Engine - Buhler Industries (OTC:BIIAF), Cummins (NYSE:CMI)

Cummins Inc. CMI and Buhler Industries Inc. BIIAF, a tractor manufacturer under the Versatile brand, have signed a letter of intent.
Under the LOI, they plan to integrate the Cummins 15-liter hydrogen engines in Versatile's equipment. Since 1967, Versatile has used Cummins engines exclusively in all four-wheel drive tractors.
"While diesel engines continue to be the flexible power of choice for the foreseeable future in agriculture, such a collaboration enables both companies to develop low and zero carbon solutions that are ideally suited to farming," stated Adam Reid, Versatile's VP of Sales and Marketing.
Hydrogen combustion engines will provide a cost-effective zero-carbon fueled solution for high load factor and high utilization applications.
Price Action: CMI shares are trading lower by 0.38% at $221.66 on the last check Monday.