Market Analysis: Page 32

Market Analysis
How to Kickstart Decarbonization for Off-Highway Machinery
Roland Berger
Findings from a recent study on decarbonization highlight the areas where OEMs are placing their focus to yield the most impactful and sustainable results.
Findings from a recent study on decarbonization highlight the areas where OEMs are placing their focus to yield the most impactful and sustainable results.
Electronics
Integrated Batteries From Vanguard Power Solutions Make Electrification Easy
Briggs & Stratton (Vanguard)
Live from World of Concrete Booth O32040, Nick Moore, director of product management, electrification, shares more about why electrification matters now and where it’s going in the future.
Vanguard
Trends
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
Industry News
DEUTZ Sells Torqeedo to Yamaha Motor Co. Ltd.
DEUTZ Corporation
DEUTZ offloads the manufacturer of electric boat drives from its portfolio in a strategic move to reposition its green division and reach climate-neutrality goals.
Deutz Logo (1)
Electronics
Epec Opens Smart Factory in Finland
Epec
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
ITR Economics
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
Trends
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
Trends
Cummins, Daimler Truck, PACCAR to Produce Batteries in Mississippi
Cummins Inc.
The 21-gigawatt hour (GWh) factory is expected to begin producing battery cells in 2027.
Accelera
Smart Systems
HD Hyundai Teams Up With Google Cloud to Accelerate AI Innovation
HD Hyundai
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
Fuels & Fluids
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
Industry News
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
Engines
Cummins’ Rocky Mount Engine Plant Announces $580M Project
Cummins Inc.
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
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