Cummins Inc. and Chevron have unveiled a memorandum of understanding (MOU) that aims to harness their synergistic strengths in hydrogen, natural gas, and other low-carbon fuel value chains.
The strategic collaboration between these two industry giants seeks to enhance the affordability, reliability, and accessibility of energy and global supply chains. With a shared vision of advancing a lower carbon world, Chevron’s President of Americas Products, Andy Walz, emphasized that such partnerships are geared towards benefiting commercial fleets and promoting sustainable practices.
Both Cummins and Chevron have played pivotal roles in researching, developing, and deploying alternative fuel systems and technologies. This collaboration will see them combining their expertise to facilitate the large-scale commercialization of alternative fuel production, transportation, and delivery systems. The primary focus lies on industrial and commercial markets, with a specific aim of catering to transportation vehicles akin to those manufactured by Cummins.
Jennifer Rumsey, President and CEO of Cummins, emphasized that this strategic partnership with Chevron aims to bolster customer access to fuel and infrastructure. The ultimate goal is to significantly enhance the availability of alternative and renewable fuels, thereby making strides in emission reduction.
While the collaboration encompasses a range of alternative lower-carbon intensity fuels such as renewable gasoline blends, biodiesel, renewable diesel, compressed natural gas, and other liquid renewables, the spotlight is firmly on hydrogen and natural gas. These two companies are poised to play a pivotal role in expanding the commercial adoption of these greener fuel options.