XCMG

EQS-News: DEUTZ achieves record earnings and looks ahead to the new year with confidence

Retrieved on: 
Wednesday, April 10, 2024

Cologne, March 19, 2024 – Within a persistently challenging macroeconomic environment, DEUTZ stayed on course in the 2023 financial year and achieved record results for revenue EBIT1.

Key Points: 
  • Cologne, March 19, 2024 – Within a persistently challenging macroeconomic environment, DEUTZ stayed on course in the 2023 financial year and achieved record results for revenue EBIT1.
  • The results for the past financial year prove that this approach is working,” notes DEUTZ CEO Dr. Sebastian C. Schulte.
  • The company is continuing to advance market consolidation in the area of classic combustion engines through targeted acquisitions and partnerships.
  • The repositioning and refocusing of the Green segment which has been initiated establishes the preconditions required to meet this objective.

Latin America Construction Equipment Market Strategic Assessment & Forecast 2024-2029, Featuring Key Vendors Caterpillar, Komatsu, Hitachi, XCMG, Liebherr and Volvo Construction Equipment - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024

Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.

Key Points: 
  • Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.
  • Earthmoving equipment accounted for the largest market share in the Latin America construction equipment market in 2023.
  • Brazil is the largest market in Latin America construction equipment market.
  • The demand for this equipment will grow sharply in the Latin America construction equipment market in 2024.

XCMG Machinery Triumphs with the 2024 German Design Award for Outstanding Integrated Campaigns and Advertising

Retrieved on: 
Friday, March 29, 2024

FRANKFURT, Germany, March 29, 2024 /PRNewswire/ -- XCMG Machinery (SHE:000425, "XCMG") is proud to announce its recent triumph at the 2024 German Design Awards, where it has been awarded the Excellent Communications Design in Integrated Campaigns and Advertising for its innovative "Cultural Gift" design.

Key Points: 
  • FRANKFURT, Germany, March 29, 2024 /PRNewswire/ -- XCMG Machinery (SHE:000425, "XCMG") is proud to announce its recent triumph at the 2024 German Design Awards, where it has been awarded the Excellent Communications Design in Integrated Campaigns and Advertising for its innovative "Cultural Gift" design.
  • This recognition by the German National Design Award marks another significant milestone for XCMG following their victory at the "2023 Red Dot Winner" award in Germany this past July.
  • The German Design Award stands as one of the most competitive and influential accolades globally within contemporary design sectors.
  • Through such endeavors, XCMG continues to foster sustainable industry development while promoting Chinese cultural heritage on a global stage.

XCMG Machinery Triumphs with the 2024 German Design Award for Outstanding Integrated Campaigns and Advertising

Retrieved on: 
Friday, March 29, 2024

FRANKFURT, Germany, March 29, 2024 /PRNewswire/ -- XCMG Machinery (SHE:000425, "XCMG") is proud to announce its recent triumph at the 2024 German Design Awards, where it has been awarded the Excellent Communications Design in Integrated Campaigns and Advertising for its innovative "Cultural Gift" design.

Key Points: 
  • FRANKFURT, Germany, March 29, 2024 /PRNewswire/ -- XCMG Machinery (SHE:000425, "XCMG") is proud to announce its recent triumph at the 2024 German Design Awards, where it has been awarded the Excellent Communications Design in Integrated Campaigns and Advertising for its innovative "Cultural Gift" design.
  • The award-winning design features a collection of culturally inspired items, including tea sets, playing cards, decorative lamps, USB drives, thermal mugs, and business backpacks.
  • This recognition by the German National Design Award marks another significant milestone for XCMG following their victory at the "2023 Red Dot Winner" award in Germany this past July.
  • The German Design Award stands as one of the most competitive and influential accolades globally within contemporary design sectors.

XCMG Machinery Tackles Global Talent Shortage in the Construction Equipment Industry

Retrieved on: 
Friday, March 29, 2024

XUZHOU, China, March 29, 2024 /PRNewswire/ -- In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters.

Key Points: 
  • XUZHOU, China, March 29, 2024 /PRNewswire/ -- In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters.
  • This initiative aims to enhance comprehensive project management skills among over 1,000 staff members, offering services such as preventative maintenance, and equipment and technical consultations.
  • XCMG acknowledges the vital importance of having a highly skilled and service-oriented workforce to support contractors and builders in their quest for efficient construction processes.
  • XCMG has evolved its service capabilities beyond conventional equipment repair and technical support by incorporating preventative maintenance upgrade consultations, enriching the variety of services provided.

XCMG Machinery Tackles Global Talent Shortage in the Construction Equipment Industry

Retrieved on: 
Friday, March 29, 2024

XUZHOU, China, March 29, 2024 /PRNewswire/ -- In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters.

Key Points: 
  • XUZHOU, China, March 29, 2024 /PRNewswire/ -- In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters.
  • This initiative aims to enhance comprehensive project management skills among over 1,000 staff members, offering services such as preventative maintenance, and equipment and technical consultations.
  • XCMG acknowledges the vital importance of having a highly skilled and service-oriented workforce to support contractors and builders in their quest for efficient construction processes.
  • XCMG has evolved its service capabilities beyond conventional equipment repair and technical support by incorporating preventative maintenance upgrade consultations, enriching the variety of services provided.

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

China Commercial Vehicle Intelligent Chassis Industry Report 2023: Both OEMs and Suppliers Now have Made Layout of Standardized Intelligent Chassis - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.

Key Points: 
  • Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.
  • Referring to the Electric Vehicle Intelligent Chassis Technology Roadmap, currently the development of commercial vehicle intelligent chassis in China focuses on four components, namely, brake-by-wire, steer-by-wire, drive-by-wire, and intelligent suspension.
  • In the trend for commercial vehicle electrification, connection and intelligence, intelligent chassis, as a development cornerstone of vehicle intelligence, has become a development priority of the industry.
  • Driven by national policies and market demand, OEMs and suppliers have quickened their pace of deploying intelligent chassis to solve the current problem of 'insufficiently flexible limbs' in commercial vehicle chassis and support intelligent upgrade of commercial vehicle chassis.

CGTN: Xi stresses developing new quality productive forces according to local conditions

Retrieved on: 
Wednesday, March 6, 2024

Shan's passion for innovation has driven him to make even more breakthroughs over the past year, with 46 independently developed key components and over 10 landmark products.

Key Points: 
  • Shan's passion for innovation has driven him to make even more breakthroughs over the past year, with 46 independently developed key components and over 10 landmark products.
  • Reiterating the primary task of high-quality development during discussions with fellow lawmakers from Jiangsu on Tuesday, Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called for more efforts to develop new quality productive forces according to local conditions and provide stronger incentives to promote innovation.
  • As one of the engines driving China's economic growth, Jiangsu has become a front-runner in the country's modernization efforts.
  • Xi urged the province to speed up efforts to forge clusters of strategic emerging industries with international competitiveness and become an important front for developing new quality productive forces led by scientific innovation.