Cummins to acquire Meritor in $3.7 billion deal

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Cummins has bought rival commercial vehicle components supplier Meritor in a move both say with move the commercial vehicle sector towards a more sustainable future

Cummins has been investing in electric powertrains and hydrogen technology recently, which can power fuel cells that generate electricity. Meritor has also been investing heavily in electric powertrains, indicating that the sector is making a proactive shift from diesel engines to electric powertrains sooner than later. Together the companies intend to advance the development of electric commercial vehicle technology and make more sustainable products.

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