Kenworth

FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First 'Tri-gen' Production System at the Port of Long Beach

Retrieved on: 
Giovedì, Maggio 2, 2024

Thanks to FuelCell Energy's Tri-gen platform, TLS Long Beach is Toyota's first port vehicle processing facility powered by 100 percent on-site generated renewable electricity.

Key Points: 
  • Thanks to FuelCell Energy's Tri-gen platform, TLS Long Beach is Toyota's first port vehicle processing facility powered by 100 percent on-site generated renewable electricity.
  • Tri-gen produces 2.3-megawatts of renewable electricity, part of which will be utilized by TLS Long Beach to support its operations at the port.
  • "The dawn of the renewable hydrogen era is upon us, thanks to our collaboration with Toyota and FuelCell Energy and their innovative Tri-gen system," said Port of Long Beach CEO Mario Cordero.
  • "FuelCell Energy and Toyota's collaborative effort signifies technological innovation and also positions Long Beach at the forefront of global leadership in renewable energy solutions,'' said Long Beach Mayor Rex Richardson.

Toyota Establishes Hydrogen Headquarters to Accelerate Advancement of Fuel Cell Technology

Retrieved on: 
Mercoledì, Maggio 1, 2024

"Toyota has developed hydrogen fuel cell electric solutions for more than three decades, and we will continue to advance this scalable, zero-emission technology as part of our electrified portfolio," said Ted Ogawa, President and CEO, Toyota Motor North America.

Key Points: 
  • "Toyota has developed hydrogen fuel cell electric solutions for more than three decades, and we will continue to advance this scalable, zero-emission technology as part of our electrified portfolio," said Ted Ogawa, President and CEO, Toyota Motor North America.
  • "Renaming this facility as North American Hydrogen Headquarters represents our leadership in fuel cell development creating real-world products to help reduce carbon emissions."
  • Then, Toyota Motor Europe announced its own "Hydrogen Factory" with the aim to further grow Toyota's hydrogen business and stimulate wider roll-out of hydrogen ecosystems and infrastructure across Europe.
  • H2HQ will drive North American-led hydrogen initiatives and support the localization of global hydrogen-related technologies and products that include light-duty fuel cell applications, heavy-duty fuel cell opportunities, stationary fuel cell power generation, port vehicle applications and more.

Global Automotive Brake System Market Forecast to 2028: Stringent Safety Standards and Growing Popularity of Disc Brakes to Drive Market Growth - A USD 30.1 Billion Market by 2028 - ResearchAndMarkets.com

Retrieved on: 
Mercoledì, Aprile 10, 2024

The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.

Key Points: 
  • The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
  • Market Development: The report provides comprehensive information about lucrative emerging markets for the automotive brake system market across regions.
  • Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive brake system market.
  • Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive brake system market.

Hexagon Agility receives orders for Class 8 series trucks piloting the new Cummins X15N CNG engine

Retrieved on: 
Lunedì, Febbraio 26, 2024

The orders come in addition to existing pilots that are already on the road with Hexagon Agility fuels systems.

Key Points: 
  • The orders come in addition to existing pilots that are already on the road with Hexagon Agility fuels systems.
  • As of February, Kenworth Truck Company, one of the top three truck OEMs in North America, is the first to open its order books for trucks powered by the Cummins X15N engine.
  • Kenworth and Cummins have stated that trucks equipped with the X15N engine will be in serial production by mid-2024 with initial deliveries expected early in the third quarter.
  • “The launch of the Cummins X15N, 15-liter engine will triple the addressable market for heavy-duty natural gas trucks over the next few years,” says Eric Bippus, EVP Sales and Systems, Hexagon Agility.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Lunedì, Marzo 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Lunedì, Marzo 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Hexagon Agility receives orders for Class 8 series trucks piloting the new Cummins X15N CNG engine

Retrieved on: 
Lunedì, Febbraio 26, 2024

The orders come in addition to existing pilots that are already on the road with Hexagon Agility fuels systems.

Key Points: 
  • The orders come in addition to existing pilots that are already on the road with Hexagon Agility fuels systems.
  • As of February, Kenworth Truck Company, one of the top three truck OEMs in North America, is the first to open its order books for trucks powered by the Cummins X15N engine.
  • Kenworth and Cummins have stated that trucks equipped with the X15N engine will be in serial production by mid-2024 with initial deliveries expected early in the third quarter.
  • "The launch of the Cummins X15N, 15-liter engine will triple the addressable market for heavy-duty natural gas trucks over the next few years," says Eric Bippus, EVP Sales & Systems Development, Hexagon Agility.

EV Projects Lead Kentucky to $13.75 Billion in Industrial Manufacturing Projects, an Industrial Info News Alert

Retrieved on: 
Mercoledì, Febbraio 14, 2024

Researched by Industrial Info Resources-- Toyota Motor Corporation ( NYSE:TM ) (Toyota City, Japan) last week announced it plans to invest an additional $1.3 billion to further electric vehicle (EV) production at its plant in Kentucky, where Industrial Info is tracking $13.75 billion worth of active and planned Industrial Manufacturing projects.

Key Points: 
  • Researched by Industrial Info Resources-- Toyota Motor Corporation ( NYSE:TM ) (Toyota City, Japan) last week announced it plans to invest an additional $1.3 billion to further electric vehicle (EV) production at its plant in Kentucky, where Industrial Info is tracking $13.75 billion worth of active and planned Industrial Manufacturing projects.
  • Toyota did not announce a planned kickoff or completion date for the project, but Industrial Info is tracking a tentative kickoff date of January 2025.
  • Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here to read a detailed project report.
  • The highest-valued non-automotive Industrial Manufacturing project in Kentucky is the construction of clean-energy storage company EnerVenue 's (Fremont, California) new 1 million-square-foot gigafactory in Shelbyville.

PACCAR Announces Extra Cash Dividend

Retrieved on: 
Martedì, Dicembre 5, 2023

PACCAR Inc’s Board of Directors today declared an extra cash dividend of three dollars and twenty cents ($3.20) per share, payable on January 4, 2024, to stockholders of record at the close of business on December 15, 2023.

Key Points: 
  • PACCAR Inc’s Board of Directors today declared an extra cash dividend of three dollars and twenty cents ($3.20) per share, payable on January 4, 2024, to stockholders of record at the close of business on December 15, 2023.
  • PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.
  • PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20231204970783/en/

PACCAR Declares Regular Quarterly Cash Dividend

Retrieved on: 
Martedì, Dicembre 5, 2023

PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of twenty-seven cents ($.27) per share, payable on March 6, 2024, to stockholders of record at the close of business on February 15, 2024.

Key Points: 
  • PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of twenty-seven cents ($.27) per share, payable on March 6, 2024, to stockholders of record at the close of business on February 15, 2024.
  • PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates.
  • PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.
  • PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR.