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Market Analysis: Page 34
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.
Sponsored Content
Give Your Equipment—and Your Brand—an Edge with TyrFil™ Flatproofing
Carlisle Tyrfil
When zero downtime from flats, operator safety, and equipment performance matters, TyrFil delivers – more OEM approvals than any other brand.
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.
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.
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.
Industry News
CNH Streamlines Senior Leadership Structure
CNH Industrial
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.
On-Highway
Continental & Aurora Finalize Design of World’s First Scalable Autonomous Trucking System
Continental
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.
Drivetrains
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.
Electronics
Caterpillar's Most Recent Collab: Electrified Powertrain Prototype for Nut Harvesting Equipment
Caterpillar Inc.
The goal is to demonstrate how a 600-volt battery-powered powertrain can deliver the performance currently provided in this application by a conventional 74-horsepower diesel engine while reducing maintenance and operating with zero tailpipe emissions.
Engineering & Manufacturing
CNH & HD Hyundai Announce Joint Innovation Program for the Construction Sector
CNH Industrial
The new CE Innovation Lab and its team will study emerging technology trends, map new and evolving customer needs and identify prospects for portfolio enhancements and further growth.
On-Highway
Daimler Truck, TORC Robotics & Aeva Partner on Series-Production Autonomous Trucks
Daimler AG
The multiyear collaboration begins in the first quarter of 2024 with Aeva’s start of production by 2026 and Daimler Truck’s production ramping up by 2027.
Drivetrains
Bosch Rexroth & Modine Partner on Thermal Management for Electrified Off-Highway Machinery
Bosch Rexroth Corporation
Together, Rexroth eLION systems with Modine EVantage thermal management systems advance the electrification of customer platforms in the off-highway segment by delivering low emissions and high-performance EV technology.
Industry News
Caterpillar, CRH Sign Agreement for Electric Off-Highway Trucks, Charging
Caterpillar Inc.
The agreement is focused on accelerating the deployment of Caterpillar's 70- to 100-ton-class battery electric off-highway trucks and charging solutions at a CRH site in North America.
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