Cummins acquires assets of mining decarbonization company First Mode that specializes in fuel cell/battery drives - Charged EVs

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Cummins acquires assets of mining decarbonization company First Mode that specializes in fuel cell/battery drives - Charged EVs

Cummins, an American multinational that designs, manufactures and distributes internal combustion engines and power generation products, has acquired the assets of Seattle-based First Mode, a company known primarily for its combined fuel cell/battery drive intended for use as a hybrid retrofit for mining haul trucks. The deal ends several years of uncertainty over the future of First Mode, which, after being founded in 2018, was in a three-year …