The move to electric is happening in many areas that I thought wouldn't change for a long time,
Volvo Construction Equipment is a perfect example.
Caterpillar has recently developed a 26 tonne excavator, which has a 300 kwh battery pack.
http://www.constructionmanagermagazine.com/news/worlds-largest-electric-excavator-developed/
Caterpillar has also taken a stake in Fisker (Russian Car manufacture) to gain access to their graphene solid state battery technology
https://electrek.co/2018/10/22/fisker-secures-investment-caterpillar-solid-state-battery-technology/VOLVO CE GOES ELECTRIC ON SMALLER MACHINES
1/16/2019By Press InformationIn an industry-first move, Volvo Construction Equipment (Volvo CE) has announced that in 2020 it will start the launch of an electric range of Volvo branded compact wheel loaders and compact excavators.
In a pioneering commitment to future technology, Volvo CE has announced that by mid-2020 it will begin to launch a range of electric compact excavators (EC15 to EC27) and wheel loaders (L20 to L28), stopping new diesel engine-based development of these models.
With this move, Volvo CE is the first construction equipment manufacturer to commit to an electric future for its compact machine range. This follows an overwhelmingly favorable reaction from the market after the successful unveiling of a number of concept machines in recent years, and by working closely with customers. This move is aligned with the Volvo Group’s strategic focus on electromobility in all business areas.
The first machines will be unveiled at the Bauma exhibition in April 2019, followed by a staged market-by-market introduction and ramp up in 2020.
While the company stresses that diesel combustion currently remains the most appropriate power source for its larger machines, electric propulsion and battery technology is proving particularly suited to Volvo’s smaller equipment. With research and development investment now focused on the rapid development of its electric compact wheel loaders and excavators, Volvo CE is taking a step towards diesel-free compact equipment in the future.
“Volvo CE is delivering on its commitment of ‘Building Tomorrow’ by driving leadership in electromobility and delivering sustainable solutions that support customer success,” comments the company’s President, Melker Jernberg. “The technology we have been developing is now sufficiently robust and this, together with changes in customer behavior and a heightened regulatory environment, means that now is the right time to commit to electromobility in our compact equipment ranges in the future.”
- Forums
- ASX - By Stock
- EGR
- Ann: KfW IPEX-Bank Mandated for Epanko Debt Funding
Ann: KfW IPEX-Bank Mandated for Epanko Debt Funding, page-106
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.31M |
Open | High | Low | Value | Volume |
9.4¢ | 9.4¢ | 9.1¢ | $9.041K | 98.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5459 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 150000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5459 | 0.091 |
1 | 11000 | 0.090 |
1 | 3968 | 0.089 |
4 | 194090 | 0.088 |
2 | 19505 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 150000 | 2 |
0.099 | 58000 | 2 |
0.100 | 235479 | 5 |
0.105 | 303083 | 2 |
0.110 | 62365 | 4 |
Last trade - 15.38pm 03/10/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |