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Market Analysis: Page 77
Trends
Eaton Receives DOE Awards for EV Charging and Emissions Reduction Technology
Eaton
The company plans to develop more cost-effective electric vehicle charging solutions for commercial vehicles and adapt its variable-valve actuation technology for agricultural equipment.
Trends
Volvo Trucks Launches Next Generation VNR Electric Truck
Volvo Trucks North America
The next-generation electric truck features an up to 85% increased range, faster charging, and more configurations for heavy-duty transport.
Industry News
CNH Industrial and Iveco Begin Operations as Separate Businesses
The demerger of the on- and off-highway businesses will better enable the companies to deliver solutions which meet specific industry needs.
Agriculture
Tractor and Combine Sales End 2021 in Positive Territory
Association of Equipment Manufacturers (AEM)
AEM reports U.S. and Canadian ag tractor and combine sales finished 2021 with gains of more than 10%.
Manufacturing
U.S. Manufacturing Technology Orders up 14% in November 2021
The Association For Manufacturing Technology (AMT)
The off-road equipment sector helped drive an increase in manufacturing technology orders reports the Association For Manufacturing Technology.
Smart Systems
ZF Launches New Commercial Vehicle Solutions Division
ZF Friedrichshafen AG
The new division combines ZF’s commercial vehicle technology expertise and capabilities, and will spearhead advances in increasingly autonomous, connected and electrified technologies.
Industry News
OEM Industry News Briefs: Sandvik Testing Battery-Electric Mining Equipment in Underground Iron Ore Mine
Sandvik is testing its TH550B and LH518B battery-electric equipment in LKAB's underground iron ore mine, DEUTZ completes its acquisition of fuel cell developer Blue World Technologies and more news you may have missed.
Manufacturing
Hyundai Construction Equipment Expanding Production Capacity 50%
Hyundai Construction Equipment Americas Inc.
The company is investing $170 million in its Ulsan factory to increase production capacity by 50% and simplify its manufacturing processes for increased efficiency.
Engines
Kohler Acquires Curtis Instruments and Heila Technologies
The acquisitions will help expand electrification and clean energy technology developments within the Kohler Power Group.
Agriculture
AEM U.S. Ag Tractor and Combine Report
AEM has released its Ag Tractor and Combine Report for December 2021.
Agriculture
AEM Canada Ag Tractor and Combine Report
AEM has released its Canada Ag Tractor and Combine Report for December 2021.
Trends
Toyota Material Handling Introduces 22 New Electric Machines
Toyota Material Handling (TMH)
The product launch includes 12 new reach truck models as well as four electric pneumatic forklift models.
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