According to IDTechEx's latest report, "Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts", electric haul trucks are on the cusp of significant growth, predicted to be a US$15 billion industry by 2044. The report explores the facets that...
HD Hyundai Vice Chairman and CEO Kisun Chung presented the company's vision for the future at CES 2024, held in Las Vegas, NV. HD Hyundai's "Xite Transformation" incorporates the company’s three main innovation goals: enhancing safety with digital technologies,...
Off-highway machines – such as excavators and tractors – are some of the largest and most powerful machines in the world, requiring huge amounts of power and generating vast amounts of pollution per machine. Manufacturers of off-highway machinery have...
Komatsu has agreed to acquire American Battery Solutions (ABS), a battery manufacturer headquartered in Detroit, MI. The acquisition of ABS will enable Komatsu to develop and produce its own battery-operated construction and mining equipment, through the integration of ABS’...
OneCharge is spearheading the adoption of lithium forklift batteries in Latin America, according to Max Khabur, Director of Marketing at OneCharge and Chairman of the Advanced Energy Council. While the region's unique challenges demand a high level of flexibility...