• Aug 20, 2018

     

    This article originally appeared in the July 2018 issue of the Power Systems Research PowerTALK report.

    Volvo Eicher Commercial Vehicles (VEVC), a joint venture between Swedish automaker Volvo and Eicher Motors, is planning to invest Rs.500 crores this year for business growth and aims to increase truck volumes by 50% to meet the growing demand.  

    PSR Analysis: VECV has been a strong player in the Light-Medium Duty segment, and has focused on value- >Read more

  • Aug 20, 2018

    This article originally appeared in the July 2018 issue of the Power Systems Research .PowerTALK report

    To meet the sales target of 200,000 tractors by fiscal 2023, the company is focusing on new areas and developing new range of tractors.    

    PSR Analysis: Sonalika crossed one lakh units sales milestone in FY2017-18 and appears bullish on next level of growth by >Read more

  • Jun 7, 2018

    FRANKFURT/PORTLAND, Ore. — Daimler AG unveiled on Wednesday an all-electric big rig truck it promises to have in production in 2021, as the German automaker mounts a major challenge to European manufacturers and Tesla.
    Daimler said its Freightliner eCascadia, with a range of up to 250 miles (400 km) and an 80,000 lb (36 tonne) gross combined weight, will be suitable for regional distribution and port shipments.
    Daimler also unveiled a medium-duty Freightliner eM2 106, with a range of up to 230 miles, designed for local >Read more

  • May 31, 2018

    Cummins Inc. and Anhui Jianghuai Automobile Co. Ltd. (JAC Motors) announced that they will form a 50-50 joint venture after Cummins purchased Navistar's 50% equity of the JAC-Navistar Diesel Engine Co. (JND) joint venture. No financial details were provided.
    The joint venture will maintain its operations at the existing manufacturing facility in Hefei. Cummins currently supplies light-duty, mid-range and heavy-duty engines to JAC Motors for its domestic market in China as well as its global operations. The JV will >Read more

  • May 30, 2018

    Date: May 24, 2018
    CCJ Magazine
    By 2030 or earlier, the advantages of electric vehicles will virtually force fleets to switch from diesel to electric power, predicted futurist Tony Siba, author of “Clean Disruption of Energy and Transportation.”
    Siba spoke Wednesday at Transparency18.
    The two-day conference in Atlanta was produced by FreightWaves, a data analytics company, in partnership with the Blockchain in Transport Alliance (BITa) and Georgia Tech.
    “The 2020s will be the most disruptive decade in >Read more

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