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Market Analysis: Page 126
Automated Systems
Volvo Autonomous Solutions Partners with Foretellix to Test and Validate Autonomous Vehicles
Volvo Group Global
The companies aim to create a solution capable of large scale simulations and big data analysis which will help reduce autonomous vehicle development costs and time to market.
Construction
German Construction Equipment Sales Decline 7% in 2020
VDMA Agricultural Machinery Association
VDMA reports compact equipment sales declined only 3% while large equipment sales were down 18%.
On-Highway
North American Class 8 Orders Remain Strong in February
FTR Transportation Intelligence
Preliminary orders in February 2021 were up from January and the previous year as demand from fleets continues to accelerate.
Automated Systems
Volvo CE Opening New Test Area for Sustainable, Connected and Autonomous Solutions
Volvo Construction Equipment
The new test and demo area will include a secure track for full-electric, automated and teleoperated machines with charging infrastructures and 5G connectivity.
Industry News
OEM Industry News Briefs: CASE CE Delivers Electric Backhoe to Customers
This week Daimler and Volvo finalized and named their fuel cell joint venture, Cummins announced more promotions and CASE introduced factory-fit machine control for its dozers.
Batteries, Capacitors
Fortescue Partnering with Engineering Firm to Develop Battery-Electric Mine Trucks
Mining company Fortescue is collaborating with Williams Advanced Engineering on the development of a battery-electric powertrain and a fast charger for use in mining equipment.
Trends
John Deere Debuts New Model Year 2022 Agriculture Equipment
John Deere Ag and Turf Division
Advanced technology and operator comfort features are among the highlights for John Deere's latest equipment launches.
Automated Systems
Toro Acquires Left Hand Robotics
The Toro Company
The acquisition will aid Toro with its autonomous capabilities and technology strategy.
Market Analysis
UK Engine and Commercial Vehicle Production Starts 2021 in Negative Territory
Society of Motor Manufacturers & Traders (SMMT)
SMMT says weak demand, trade relations and the global pandemic continued to negatively impact UK engine and commercial vehicle production in January.
On-Highway
Power Systems Research Sees Strong Commercial Vehicle Demand Continuing
Power Systems Research
Freight rates, consumption and inventory restocking are expected to remain at high levels throughout 2021, leading to strong demand for commercial vehicles in North America.
Power Systems
Dana Acquires Pi Innovo, Further Expanding e-Propulsion Technology
Dana Incorporated
The acquisition enables Dana to increase its in-house electrodynamics capabilities and electrification product portfolio.
Trends
Komatsu Europe Introduces PC88MR-11 Midi Excavator
Komatsu Europe International N.V.
The PC88MR-11’s new features deliver a significant boost to productivity, reduced fuel consumption and faster work equipment speed.
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