Industry News: Page 22

Volvo Trucks North America Unveils Volvo VNL

Volvo Trucks North America

Featuring next-gen enhancements and a fuel efficiency improvement of up to 10%, the new model is set to begin production at the Volvo Trucks New River Valley Plant in Dublin, Virginia.

Volvo Trucks North America's new Volvo VNL

Epec Opens Smart Factory in Finland

The new smart electronics factory aims for carbon neutrality and uses responsible manufacturing processes, including electricity generation from more than 600 solar panels.

Epec Smart Factory 1 (ESF1) in Seinäjoki, Finland

Market Analysis

January 2024 Equipment Market Outlook

While positive momentum in some areas, such as construction machinery orders, may suggest improvement, the potential for mild macroeconomic decline still looms for several areas of the economy.

Adobe Stock 414355364

Moog Launches ZQuip Modular Battery System

Moog Construction

The modular energy solution is designed to convert diesel-powered construction fleets into zero-emissions machines that create all-electric jobsites.

ZQuip Excavator digging at Moog Construction test site in West Seneca, New York

Cummins, Daimler Truck, PACCAR to Produce Batteries in Mississippi

The 21-gigawatt hour (GWh) factory is expected to begin producing battery cells in 2027.

Accelera

HD Hyundai Teams Up With Google Cloud to Accelerate AI Innovation

The collaboration will introduce generative AI across Hyundai's core businesses, including its shipbuilding and construction machinery businesses in Korea.

Photo Hd Hyundai Google Gloud

Westport Appoints Dan Sceli as CEO

Westport Fuel Systems Inc.

Dan Sceli joins Westport as incoming CEO, assuming the role from Tony Guglielmin, who has supported Westport's leadership team as interim CEO since August 2023.

Westport Fuel Systems Inc Westport Appoints Dan Sceli As Chief

AGCO Names Viren Shah as Chief Digital & Information Officer

AGCO Corporation

With more than 20 years of experience in IT, Shah will lead the development, design and implementation of the company’s digital vision and strategy, including IT and data analytics.

Viren Shah, Chief Digital & Information Officer

Cummins’ Rocky Mount Engine Plant Announces $580M Project

The investment will involve installing new equipment for the future of manufacturing and upgrading the assembly line as the company plans for zero emissions across its products.

Cummins' Rocky Mount Engine Plant (RMEP) in Nash County, North Carolina

CNH Streamlines Senior Leadership Structure

Effective immediately, the company will reduce the size of the operational decision-making body responsible for driving the performance of CNH's businesses and executing strategic priorities.

Continental & Aurora Finalize Design of World’s First Scalable Autonomous Trucking System

The companies have finalized the design and architecture of the future fallback system and hardware of the Aurora Driver – an SAE Level 4 autonomous driving system – that Continental plans to start production of in 2027.

Continental and Aurora reach partnership milestone by finalizing design of world’s first scalable autonomous trucking system.

Palmer Johnson Enterprises Acquires Continental Engines Inc.

Palmer Johnson Power Systems

The move signifies a step forward in Palmer Johnson's nationwide expansion and the diversification of its offerings within the off-highway equipment industry.

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