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Key takeaways from Power Progress Summit 2024
Speakers at the 6th annual event found some common ground in addressing the overall theme of digitalization and decarbonization.
Hitachi Construction Machinery and Dimaag collaborate on electric machine
The electrified excavator is expected to be completed in December 2024
Strong Q3 margins for Volvo CE despite market slowdown
Volvo Construction Equipment (Volvo CE) has announced that the company maintained robust margins in the third quarter of 2024
Power Briefing recap: week of Sept. 30
CANought collaboration, fuel cell-powered buses and another BESS on a construction site.
Ballard plans restructure to reduce operating costs
Fuel cell manufacturer cites market slowdown for savings drive
Hino Motors to close down China subsidiary Shanghai Hino Engine
Decision is based on growth of electric machine market in China
Road building robotics firm releases third-gen rebar-tying machine
US robotics company announces the third generation of its construction robot
Canada imposes tariffs on Chinese steel, aluminium, EVs
Canada has announced plans to impose tariffs on Chinese imports
Sandvik to acquire autonomous mining solutions company
UFR’s solutions are based on a common autonomy platform
Battery maker planning US$1.4bn gigafactory in North Carolina, US
A battery-making company is developing a billion-dollar factory in North Carolina
Topcon Positioning Systems CEO to retire, succession plan revealed
Topcon Positioning Systems CEO Ray O’Connor will retire next year and a succession plan revealed
ABB and Komatsu to collaborate on electrification platform
Komatsu says that the collaboration is geared towards reducing diesel consumption
Sales for Caterpillar’s construction division drops in Q2
Construction equipment sales for the world’s largest OEM declined in all regions apart from one
Doosan Bobcat plans merger with Doosan Robotics to develop autonomy
Company says the merger will help its development of autonomy and AI
Interview: Zoomlion outlines global ambitions
Andy Brown welcomed the chance to speak to Mr. Fan Zhide, assistant general manager of Zoomlion Overseas Company
One for all: Standardizing battery-powered equipment on job sites
Stefan Pfetsch, managing director of Wacker Neuson, reveals all on the company’s collaboration with competitors on a standardized, cross-platform battery for construction equipment
Himoinsa reports growth in European revenue
Almost half now comes from the region
JCB aims to double size of Latin American operations with $100m investment
JCB is to invest 500 million reais (just under US$100 million) on modernizing and expanding its Latin American operations
Could US tariffs on Chinese goods endanger adoption of electric construction equipment?
When news emerged last month that the US government would be raising tariffs on a wide range of Chinese goods, including electric vehicles and batteries, it wasn’t immediately obvious whether this would apply to construction equipment
World’s top 10 construction OEMs by sales revealed
Find out exactly which OEMs make up the global top ten by sales 
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