WAE

IDTechEx Finds Electric Haul Trucks to Become a US$15 Billion Industry

Retrieved on: 
Tuesday, April 23, 2024

The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.

Key Points: 
  • The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.
  • However, IDTechEx expects electric haul trucks will need an additional five battery replacements per vehicle on average, costing an extra US$2.6 million.
  • Electric haul trucks are cheaper to operate, more productive, and far more environmentally friendly, making them the clear winner for the future of the mining industry.
  • It finds that electric haul trucks are on the cusp of significant growth, predicted to be a US$15 billion industry by 2044.

IDTechEx Finds Electric Haul Trucks to Become a US$15 Billion Industry

Retrieved on: 
Tuesday, April 23, 2024

The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.

Key Points: 
  • The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.
  • However, IDTechEx expects electric haul trucks will need an additional five battery replacements per vehicle on average, costing an extra US$2.6 million.
  • Electric haul trucks are cheaper to operate, more productive, and far more environmentally friendly, making them the clear winner for the future of the mining industry.
  • It finds that electric haul trucks are on the cusp of significant growth, predicted to be a US$15 billion industry by 2044.

Massey Ferguson® Launches the MF 3 Series Specialty Tractor, a High-Value-Per-Dollar Tractor Solution for Vineyards and Orchards

Retrieved on: 
Tuesday, February 13, 2024

DULUTH, Ga., Feb. 13, 2024 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced today the Massey Ferguson® 3 Series Specialty tractor to the North American market. Designed to meet the unique challenges of vineyards and orchards, the MF 3 Series brings straightforward dependability to a new market with seven models ranging from 75-115 HP. The newly designed series provides a compact yet powerful solution for challenging applications with a focus on efficiency, comfort and a reduced carbon footprint. The MF 3 Series tractor line will launch at World Ag Expo, February 13-15, 2024, in Tulare, California.

Key Points: 
  • The Massey Ferguson 3 Series Specialty, a compact and powerful tractor with seven models across three unique versions, makes its NA debut at WAE.
  • Designed to meet the unique challenges of vineyards and orchards, the MF 3 Series brings straightforward dependability to a new market with seven models ranging from 75-115 HP.
  • The newly designed series provides a compact yet powerful solution for challenging applications with a focus on efficiency, comfort and a reduced carbon footprint.
  • The MF 3 Series tractor line will launch at World Ag Expo, February 13-15, 2024, in Tulare, California.

NHOA.TCC's Fireproof and Fire Extinguishing EnergyArk Passed the Strictest UL 9540 Safety Test Showcased at the CES 2024, Integrated Charging and Storage to be Deployed in Italy in 2024

Retrieved on: 
Wednesday, January 10, 2024

NHOA.TCC announced the successful passing of UL 9540 energy storage system safety certification for EnergyArk.

Key Points: 
  • NHOA.TCC announced the successful passing of UL 9540 energy storage system safety certification for EnergyArk.
  • Collaborating with TCC Group's European subsidiary, Atlante, NHOA.TCC plans to build a charging station with energy storage system in Italy in 2024 Q2, the first EnergyArk in Europe.
  • Showcased DC-DC integrated charging and storage structure impressed CES attendees, addressing power conversion losses and enhancing energy efficiency.
  • EnergyArk's successful debut at CES 2024 marked its readiness for international markets, having passed rigorous safety tests, including UL 9540 and IEC 62933-5-2.

NHOA.TCC's Fireproof and Fire Extinguishing EnergyArk Passed the Strictest UL 9540 Safety Test Showcased at the CES 2024, Integrated Charging and Storage to be Deployed in Italy in 2024

Retrieved on: 
Wednesday, January 10, 2024

NHOA.TCC announced the successful passing of UL 9540 energy storage system safety certification for EnergyArk.

Key Points: 
  • NHOA.TCC announced the successful passing of UL 9540 energy storage system safety certification for EnergyArk.
  • The demonstration highlighted that under the "EnergyArk Energy Storage with EV Charging Station" developed by NHOA.TCC, it can provide stable fast charging without impacting the power grid and guarantee safety.
  • Showcased DC-DC integrated charging and storage structure impressed CES attendees, addressing power conversion losses and enhancing energy efficiency.
  • EnergyArk's successful debut at CES 2024 marked its readiness for international markets, having passed rigorous safety tests, including UL 9540 and IEC 62933-5-2.

IDTechEx Look at How Battery Management System (BMS) Innovation Will Lead to Better Batteries

Retrieved on: 
Thursday, October 5, 2023

BOSTON, Oct. 5, 2023 /PRNewswire/ -- IDTechEx forecast the Li-ion battery market for electric vehicles to reach US$380 billion by 2034.

Key Points: 
  • BOSTON, Oct. 5, 2023 /PRNewswire/ -- IDTechEx forecast the Li-ion battery market for electric vehicles to reach US$380 billion by 2034.
  • The battery management system (BMS) plays a central role in the safe and reliable operation of Li-ion batteries but is somewhat overlooked with regard to its potential for also moving battery performance forward.
  • For more information on IDTechEx coverage of Li-ion and next-generation battery technologies, please see their energy market intelligence subscription .
  • To find out more on the Li-ion market for electric vehicles, please see IDTechEx's latest report, "Li-ion Batteries and Battery Management Systems for Electric Vehicles 2024-2034", at www.IDTechEx.com/EVLithium .

IDTechEx Look at How Battery Management System (BMS) Innovation Will Lead to Better Batteries

Retrieved on: 
Thursday, October 5, 2023

BOSTON, Oct. 5, 2023 /PRNewswire/ -- IDTechEx forecast the Li-ion battery market for electric vehicles to reach US$380 billion by 2034.

Key Points: 
  • BOSTON, Oct. 5, 2023 /PRNewswire/ -- IDTechEx forecast the Li-ion battery market for electric vehicles to reach US$380 billion by 2034.
  • The battery management system (BMS) plays a central role in the safe and reliable operation of Li-ion batteries but is somewhat overlooked with regard to its potential for also moving battery performance forward.
  • For more information on IDTechEx coverage of Li-ion and next-generation battery technologies, please see their energy market intelligence subscription .
  • To find out more on the Li-ion market for electric vehicles, please see IDTechEx's latest report, "Li-ion Batteries and Battery Management Systems for Electric Vehicles 2024-2034", at www.IDTechEx.com/EVLithium .

Hyperbat's EV battery expertise wins £multi-million Lotus Evija contract

Retrieved on: 
Monday, December 19, 2022

Hyperbat was formed to bring together Williams Advanced Engineering's (WAE) EV battery expertise with Unipart's capability in manufacturing safety-critical products for premium OEMs.

Key Points: 
  • Hyperbat was formed to bring together Williams Advanced Engineering's (WAE) EV battery expertise with Unipart's capability in manufacturing safety-critical products for premium OEMs.
  • Full production will take place at the firm's brand-new production line at Unipart Manufacturing Group's site in Coventry.
  • The mid-mounted battery pack will support a target output of 2000 PS and performance targets of 0-62mph in under three seconds and a top speed of over 200mph.
  • Andy Davis, Director at Hyperbat, said: "To win a contract with Lotus to supply battery packs for the world's most powerful production car demonstrates the exceptional technology and manufacturing expertise we have at Hyperbat.

Hyperbat's EV battery expertise wins £multi-million Lotus Evija contract

Retrieved on: 
Monday, December 19, 2022

Hyperbat was formed to bring together Williams Advanced Engineering's (WAE) EV battery expertise with Unipart's capability in manufacturing safety-critical products for premium OEMs.

Key Points: 
  • Hyperbat was formed to bring together Williams Advanced Engineering's (WAE) EV battery expertise with Unipart's capability in manufacturing safety-critical products for premium OEMs.
  • Full production will take place at the firm's brand-new production line at Unipart Manufacturing Group's site in Coventry.
  • The mid-mounted battery pack will support a target output of 2000 PS and performance targets of 0-62mph in under three seconds and a top speed of over 200mph.
  • Andy Davis, Director at Hyperbat, said: "To win a contract with Lotus to supply battery packs for the world's most powerful production car demonstrates the exceptional technology and manufacturing expertise we have at Hyperbat.

Foresight Williams Invests £2.5m Growth Capital Into Kognitiv Spark, a Software Company Providing 3D Data to Support Field Service Workers in Remote Locations

Retrieved on: 
Thursday, March 10, 2022

FREDERICTON, New Brunswick, March 10, 2022 (GLOBE NEWSWIRE) -- Foresight Group ("Foresight"), a listed private equity and infrastructure investment manager, is pleased to announce a 2.5m growth capital investment into Kognitiv Spark ("KS") which is commercialising software that provides 3D data to support field service workers in remote locations.

Key Points: 
  • FREDERICTON, New Brunswick, March 10, 2022 (GLOBE NEWSWIRE) -- Foresight Group ("Foresight"), a listed private equity and infrastructure investment manager, is pleased to announce a 2.5m growth capital investment into Kognitiv Spark ("KS") which is commercialising software that provides 3D data to support field service workers in remote locations.
  • The investment is funded by the Foresight Williams Technology Fund, a joint venture between Foresight and Williams Advanced Engineering ("WAE").
  • Existing remote assistance software does not have the robustness or functionality required to empower local workers to carry out complex tasks.
  • Matthew Burke, Head of Technology Ventures WAE, added: "We are delighted to support Yan and the wider team at Kognitiv Spark with this investment.