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Market Analysis
Industry News: Page 223
Trends
Volkswagen, Siemens Receive Green Light to Research Electrified HGVs on Public Roads
Volkswagen Powersystems
Volkswagen and Siemens will electrify the heavy goods vehicles via overhead power lines as a means of reducing carbon dioxide emissions.
Trends
Scania and Partners Form Coalition to Accelerate Decarbonization of Heavy Transport
Scania AB
Scania has formed a coalition with E.ON, H&M group, and Siemens to impact public opinion and policy with the aim to establish an optimal environment for mutually beneficial change in the transport sector.
Trends
Commercial Transport can be Fossil-Free by 2050
Scania AB
Scania President and CEO says reaching zero carbon dioxide emissions is attainable but will call for change at a high speed, and for serious, and joint private and public sector commitment.
On-Highway
IVECO BUS to Supply 150 Natural Gas Buses for a Cleaner Paris
CNH Industrial
Parisian transport operator RATP has awarded IVECO BUS a tender to deliver 150 Urbanway Natural Power buses from 2019 as part of the city’s BUS 2025 plan to replace its entire fleet with non-polluting vehicles.
Military
U.S. Army Awards Oshkosh Defense Contract to Recapitalize Heavy Vehicle Fleet
Oshkosh Corporation
Oshkosh will recapitalize 410 vehicles, as well as manufacture 680 new PLS trailers for the Army’s Heavy Expanded Mobility Tactical Trucks and Palletized Load System (PLS) fleets.
Industry News
AEM Elects New Director
Association of Equipment Manufacturers (AEM)
Willie Harbert, Vice President, Sales, Hydraulics Group of Eaton, has been elected to the AEM CE Sector Board.
On-Highway
New Flyer Celebrates Delivery of 10,000th Xcelsior Bus and Evolution in Transit Innovation
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer marked the 10,000th bus with delivery of a 60-ft., hybrid diesel-electric Xcelsior bus to King County Metro in Seattle.
Mining
Volvo CE and Off-Highway Research Examine State of Mining Equipment Industry
Volvo Construction Equipment
Volvo CE discusses the current and future state of the mining equipment industry with analyst Chris Sleight, Managing Director of Off Highway Research.
Trends
The Pathways Study: Achieving Fossil-Free Commercial Transport by 2050
Scania AB
Scania has released its study on the various methods which can employed to achieve fossil-free commercial transport.
Tires & Wheels
Farm Tires Market Weighed Down by Weakness in Global Commodity Prices, Finds New Study
While sluggishness in the agriculture market is a factor, a new study from Fact.MR shows the farm tires market is likely to grow at 6% CAGR through 2028 due to growing global demand.
On-Highway
Volvo Trucks Dedicates New VNL 760 Model to America’s Road Team
Volvo Trucks North America
Volvo Trucks presented a new Volvo VNL 760 to representatives of America’s Road Team who will drive it across the U.S. to help spread the word about how the trucking industry.
Construction
XCMG's Profit Surges as Global Economic Recovery Boosts Demand for Construction Machinery
XCMG
In 2018, XCMG forecasts year-over-year growth of 26.3% due to infrastructure investment in China and global economic recovery driving equipment sales.
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