Search Results for: volvo-truck-lay-300-workers-new-river-valley-plant

2022-06-25

Volvo CE Pushing Alternative Powertrains

EUROPE REPORT

Emiliano Marzoli
Emiliano Marzoli

Volvo Construction Equipment (Volvo CE) has started testing its prototype “HX04” Hydrogen Fuel-Cell Articulated truck.  Carolina Diez Ferrer, Head of Advanced Engineering Programs at Volvo CE expects that this prototype will “give valuable insights into the opportunities of hydrogen in the energy transformation alongside battery-electric solutions.”

The on-going development of the hauler began in 2018 and experienced partnerships with different Swedish institutions and companies.  Fun fact: The machine is nicknamed “Electric Charlie,” a homage to “Gravel Charlie,” the world’s first Articulated hauler produced by Volvo in 1966. 

Shell has been involved in the project, supplying the Hydrogen refuelling station for Volvo’s test track.  The Volvo HX04 is charged with 12 kg hydrogen in about 7.5 minutes, enabling it to operate for approximately four hours. Fuel cells work by combining hydrogen with oxygen and the resulting chemical reaction produces electricity which powers the machine.

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Product Definitions Guide

Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag

2021-10-23

Volvo Builds Loader with Fossil-Free Steel

Christopher Bamforth
Christopher Bamforth

Volvo Group and SSAB have unveiled an autonomous loader made of fossil-free steel, claimed to be the world’s first vehicle made from that material. Manufactured at Volvo Construction Equipment’s facility in Braås, Sweden, this is said to be “just the start” as a few more will be produced in 2022 with mass production set to follow.

This machine is a load carrier for use in mining and quarrying and is built using a new fossil-free steel from SSAB. Volvo’s CEO Martin Lundstedt has already said that this new machine is a first step in incorporating this new steel in all of their products and components to help reach their goal of being completely carbon neutral by 2040.

Along with the electrification of its vehicles and machines, Volvo adds that it is determined to reduce the carbon footprint of its entire supply chain and this latest innovation is one step forward on this path.

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2021-03-20

Jacto Announces New Plant in Brazil

Jacto has announced a new 96,000 m2 plant that it will build by 2023 in Pompeia-SP – Brazil, the same location where most of its operations are already located. Fernando Gonçalves Neto, Jacto President, says the new and modern facility will sustain forecasted growth for several years.

Source: M&T Magazine     Read The Article

PSR Analysis: Jacto has been growing in importance with specialized products for high caliber agriculture in Brazil with sprayers, harvesters, and seeders. They have been launching new agricultural products with remarkable success and the growth outlook is positive. PSR

Fabio Ferraresi is Director of Business Development-South America for Power Systems Research

2020-04-25

First FOTON Produced in New Brazil Plant

The first units of the 3.5-ton LCV have been assembled at the GEFCO Plant in Guaíba-RS as the company begins producing under a manufacturing contract for Foton.

Source: AutoData     Read The Article

PSR Analysis: 

Despite this news, the speed of the development of the new line will be reduced by COVID-19 and related factors, including the social restrictions and workforce mobility, the impact in the LCV segment and also the lack of parts from China, major part of the content of these Trucks.     PSR

2021-05-24

Mahindra To Set Up New Plant for Farm Equipment

Aditya Kondejkar

Mahindra and Mahindra Ltd (M&M), market leader in the Indian tractor industry, is betting on farm equipment because of increasing demand. The decision is greatly influenced by the healthy agricultural output, record sales for tractors and reverse migration since last year.

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PSR Analysis: The company is trying to enter the untapped farm mechanization segment in the country. According to Mr. Hemant Sikka (President Farm Equipment Sector Mahindra) this market has very high potential as India has only 1% share of the global farm equipment market vs. 10% of the global tractor market. 

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2023-11-16

XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant

BRAZIL/SOUTH AMERICA REPORT 
Fabio Ferraresi
Fabio Ferraresi

XCMG has signed a letter of intent to invest in Pouso Alegre, in the south of the state. XCMG also plans to invest in the creation of a research and development center in the state.

Source: Brazil Mineral     Read The Article

PSR Analysis: The letter of intent reaffirms the intention of XCMG to gain market share in Brazil, not only on the Off Highway Electric Truck segment, but also in Brazil’s On Highway Truck segment they entered in May 2023. XCMG, the world’s third largest CE producer, threatens CAT, Komatsu and Volvo in the OH Tuck segment and plans to become a player in the On Highway market. It should be noted that XCMG already has a 500,000 square meter plant in Pouso Alegre and probably has enough space to make the investment only for equipment and tools for assembly.   PSR

Fabio Ferraresi is Director, Business Development South America, for Power Systems Research

2024-04-17

Volvo To Begin Testing Heavy EV Trucks

Volvo has received authorization from the Ministry of Transportation to begin testing its heavy electric trucks in Brazil. The vehicles will be part of a study and will be able to operate in urban areas, metropolitan regions, and short to medium-distance intercity transportation, aiming to evaluate their performance and impact on pavement in this type of operation.

The transport companies ReiterLog and Ritmo Logística will be the first to operate the Volvo electric trucks. Preliminary results from the study, led by Senatran (National Traffic Department), with technical coordination from Inprotran (National Institute of Traffic and Safety Projects), in partnership with Volvo, Prometeon, UNB, and UFRGS, indicate benefits of operating zero-emission CO2 vehicles, such as high energy efficiency, absence of noise, low vibration levels, and increased driver comfort.

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