Market Analysis: Page 22

Heliox Launches 60 kW Buy America-Compliant EV Charger

Specifically designed for the North American Market, the product features a single CCS-1 (SAE J1772) output, with plans to incorporate NACS (SAE J3400) and multi-output configurations.

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Epiroc Makes 4 Acquisitions in May 2024

The productivity and sustainability partner for the mining and construction industries has cultivated a steady steam of acquisitions aimed at developing and strengthening different areas of the business.

An illustration of ASI Mining’s solutions on a mine truck

Volvo CE Invests $40.5M in New Facilities

Volvo Construction Equipment

The investment in its plants in Changwon, South Korea, and Braås, Sweden, support the company's strategy to offer more sustainable solutions to its customers and meet its ambitious sustainability commitments.

Volvo Ce Inaugurates New Facilities To Accelerate Transformation Journey 1

BKT Introduces 2 New Agroforestry Tires

FORESTMAX (radial construction) and FORESTLAND (cross-ply construction) tires respond to the typical needs of rural areas that are characterized by a high degree of land diversity, such as in agroforestry.

FORESTMAX (radial construction)

Volvo CE Unveils 6 New Excavators

Volvo Construction Equipment

The initial launch includes multiple medium and large excavator models in North America — the ECR145 short swing, EC210, EC230, EC370, EC400 and EC500 crawler excavators.

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Danfoss Releases IK1-G Remote Control

Danfoss - Danfoss Power Solutions

Designed for telescopic, service and loader cranes, as well as tow trucks, and aims to offer safe, one-handed remote operation of machine functions with high configurability.

Danfoss Ik1 G Remote Control 6655d75fe7878

Volvo to Launch Hydrogen-Powered Trucks

Volvo Trucks North America

The company's on-road tests with trucks using hydrogen in combustion engines will begin in 2026, and the commercial launch is planned toward the end of this decade as part of its net zero goal.

Volvo will launch trucks with combustion engines that can run on green hydrogen. These trucks provide a significant step to decarbonize heavy transport.

Accelera Launches Next-Gen Hydrogen & Electric Solutions for Commercial Vehicles

New versions of the company's hydrogen fuel cell engines, a high-efficiency eAxle and its next-generation batteries are among the new products Accelera unveiled at the Advanced Clean Transportation (ACT) Expo in May 2024.

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Market Analysis

May 2024 Equipment Market Outlook

This month's data indicates construction machinery new orders had a mild uptick in growth, coming in 12.5% above the year-ago level. The growth rate has been oscillating in the low double-digits for more than a year.

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Optimizing & Designing Engines for the Future

John Deere Power Systems

As construction navigates the adoption of new technologies and changes in regulations, OEMs are optimizing diesel engine architecture to support future technology innovations.

No aftertreatment means end users have one less fluid to manage.

Danfoss Power Solutions Names Domenico Traverso President of Fluid Conveyance Division

Danfoss - Danfoss Power Solutions

Traverso steps into the new role June 1, 2024, and will also continue to serve as president, Incubation division, and lead the Business Development and Innovation function.

Danfoss Power Solutions has appointed Domenico Traverso as the president of its Fluid Conveyance division, effective June 1.

Epiroc Completes Arizona Competency Center for Surface Mining

The move establishes a state-of-the-art 28,000-square-foot facility to provide advanced support for surface mining customers, thereby fostering business growth in the region.

Epiroc's Competency Center serves as a hub of excellence, delivering aftermarket support, training and specialized technical assistance tailored to exceed industry benchmarks.

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