Industrial
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Oil Crisis Makes Drivers Reconsider Electrics
The US-Israeli attack on Iran, and Iran’s retaliation has caused a massive rise in the costs of petrol and diesel. In the UK, petrol is up around 30% and diesel is up around 50%. In the USA, average gas prices were up by 33% in early April
There seems to be a never ending cycle of oil-related problems. In 2008, supply, demand and speculation caused a massive price hike. In 2022, Russia invaded Ukraine causing another oil price hike. And now, the US-Israeli attack on Iran has driven yet another price hike. The fundamental problem is that transportation remains totally dependent on oil, and oil prices are set by a very volatile global market.
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Volvo Moves into Big Electric Equipment

Emiliano Marzoli Volvo Construction Equipment has officially transitioned the A30 Electric and A40 Electric articulated haulers into serial production at its Braås site in Sweden. Originally unveiled as prototypes at bauma 2025, these machines represent the largest electric articulated haulers currently available on the global market, boasting payloads of 29 and 39 tons, respectively.
Designed for high-utilization environments like large-scale infrastructure projects and mining, the haulers offer up to six hours of operation on a single charge, depending on the application. The first production units are scheduled for delivery to customers in the United Kingdom and Norway this month.
This move solidifies Volvo’s commitment to lead the heavy-duty transition, moving beyond compact machines into the most energy-intensive segments of the construction industry.
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North America Dumper/Tender Production
1,300 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2026.
Dumpers/Tenders are vehicles designed for carrying bulk material, often on building sites. Dumpers are distinguished from dump trucks by configuration: a dumper is usually an open 4-wheeled vehicle with the load skip in front of the driver, while a dump truck has its cab in front of the load.
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South Korea’s Domestic Machine Tool Orders Cut 50%
The South Korean media outlet Korea Economic Daily reported that domestic machine tool orders in the second half of 2025 were about half of what they were in the same period last year.
Through November 2025, domestic orders totaled US$474.93 million (697.4 billion won), nearly a 10% decrease from the previous year. In the second half of the year (July–November), orders amounted to US$117.20 million (172.1 billion won), a 47.5% decrease compared to the same period last year US$223.30 million (327.9 billion won).
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Heli Breaks Ground for Factory in Thailand

Jack Hao Heli Industrial Vehicles (Thailand) Co., Ltd.’s broke ground for its industrial vehicle assembly and lithium battery pack production factory at the Navaan Nong Khuang Industrial Park in Chonburi Province, Thailand Nov. 27, 2025.
To consolidate and expand its leading position in the global market, actively advance its global strategic layout, and build a global production and supply system, Anhui Heli Co., Ltd. has established a strategic partnership with Siam Motors Parts Co., Ltd., a local Thai enterprise, to jointly establish Heli Industrial Vehicles (Thailand) Co., Ltd.
Through this joint venture, the two parties will co-invest in building a new manufacturing base in Thailand, creating an integrated production and sales platform for industrial vehicle complete machines and lithium battery systems.
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EU-US Trade Deal Threatens European Production

Emiliano Marzoli The EU-US trade agreement is facing intense criticism from European policymakers and industry leaders who deem it unbalanced, unfair, and a “significant policy mistake.” The persistence of high US tariffs and mounting non-tariff barriers are severely hurting Europe’s export-oriented industrial sector. Experts warn the deal has cornered the EU, increasing its dependency on critical raw materials and semiconductors.
Specifically, US Section 232 tariffs on steel and aluminium derivatives are crippling the machinery sector with complex compliance rules. Failure to comply can trigger punitive tariffs up to 200%, prompting some firms to halt US exports entirely and leading to a sharp drop in sales (e.g., German machinery exports have fallen 18.5%). EU lawmakers are now pushing for amendments, including sunset clauses and safeguards, amid concerns that the current framework is unsustainable.
Source: Euractiv Read The Article
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South Korea Promotes EV Forklift Adoption
In South Korea, the government-led ‘Smart Safety Equipment Support Project’ is encouraging the use of electric forklifts and standardized safety equipment. According to the official notice, electric forklifts weighing less than 3 tons must be fitted with an overload prevention system, seat belts, warning devices, emergency stop buttons and anti-fall valves.
The subsidy program enables companies to introduce electric forklifts at a low cost, putting pressure on them to replace their diesel models with…
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China Pushes Into South American Market

Jack Hao On Nov. 4, 2025, Lingong Heavy Machinery’s Brazilian subsidiary, LGMG Machinery Brazil Ltda., promoted its globalization strategy in the South American market with the celebration of its plant in Indaiatuba, São Paulo State, Brazil. This move signifies a deepening of Lingong Heavy Machinery’s South American expansion and marks an important milestone in China’s industrial advancement.
The establishment of the Brazilian subsidiary carries multiple strategic advantages for Lingong Heavy Machinery, providing a robust platform for serving local Brazilian customers through localized operations. It addresses customer needs with customized solutions and develops confidence in Brazilian customers by ensuring product supply stability through a localized spare parts warehouse, improving after-sales service, and enhancing technical support.
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2025 North America TLBs Production
9,500 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes expected to be produced in North America during 2025.
Tractor/Loader/Backhoes (TLBs) are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction and agricultural related activities.
This product information comes from industry interviews and from two…
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Cummins Brazil Introduces QSF 4.5 Engine
Cummins Brazil has introduced the QSF 4.5 electronic diesel engine for soil and asphalt compaction applications, produced at its Guarulhos (SP) plant since April 2024 and developed by local engineering teams.
The 4.5-liter engine delivers 97 kW (130 hp @ 2200 rpm) and will power Dynapac’s CA25, CA30, and CA35 compactors starting in 2026, in addition to the CP28 pneumatic roller already using the same platform.
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