One EV, a thousand applications Q&A with CEO Gary Dannar Different buyers need (or want) different vehicles—that’s why most consumer automakers offer a range of a dozen or so models, from practical family cars to sleek sports cars to hulking pickup trucks. But in the commercial vehicle sphere, this wouldn’t be good enough—different markets demand… Read more »
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Global electric off-highway equipment market projected to reach over $53 billion by 2032
The value of the global electric off-highway equipment market is expected to surpass $53.8 billion by 2032, according to a new report published by Research and Markets. The research company’s report, entitled “Electric Off-Highway Equipment Market Forecast 2024-2032,” valued the market at $13.2 billion for calendar year 2023, and forecast that it will increase to… Read more »
Rio Tinto and BHP to test battery-electric haul trucks in the Australian Outback
Metals and mining giants BHP and Rio Tinto have announced plans to test large battery-electric haul truck technology in Australia’s Outback. The two companies will collaborate with both Caterpillar and Komatsu to test the latter two’s battery-electric haul trucks in the rugged weather and terrain of the Pilbara, which has an arid and tropical climate… Read more »
New reports analyze US electric truck market and global off-highway EV market
Research and Markets has released a pair of reports that examine the two segments of the commercial EV market. The company’s “U.S. Electric Truck Market Research Report” analyzes the current e-truck market, offers profiles of key players, and makes some forecasts for the future. R and M expects revenue from the US electric truck market… Read more »