UD Trucks

Y. K. Almoayyed & Sons achieves the Best Place to Work Certification for 2023

Retrieved on: 
Monday, November 6, 2023

MANAMA, Bahrain, Nov. 6, 2023 /PRNewswire/ -- Y. K. Almoayyed & Sons, a leading diversified business group in Bahrain has been recently recognized as one of the best places to work in Bahrain for 2023.

Key Points: 
  • MANAMA, Bahrain, Nov. 6, 2023 /PRNewswire/ -- Y. K. Almoayyed & Sons, a leading diversified business group in Bahrain has been recently recognized as one of the best places to work in Bahrain for 2023.
  • Y. K. Almoayyed & Sons outperformed with its unique culture, robust professional development, and commitment to employee recognition and appreciation resulting in its recognition among the employers of choice for 2023.
  • The group specializes in automotive, heavy equipment, electronics & home appliances, HVAC, industrial and building systems, among others.
  • In a statement from Farouk Almoayyed, Chairman, he said "We are truly honored to receive this prestigious recognition as the best place to work.

Allison Transmission Japan Celebrates 50th Anniversary

Retrieved on: 
Wednesday, November 30, 2022

Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers.

Key Points: 
  • Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers.
  • Allisons partnerships with OEMs in Japan date back to the 1970s when Isuzu selected the Allison fully automatic transmission for its medium-duty trucks.
  • Allison Transmission Japan has developed a nationwide network of service dealers in order to ensure its transmissions operate at peak performance and have an extended lifecycle.
  • Allison remains committed to offering innovative propulsion solutions designed to meet the needs of the domestic market in Japan as well as reliable aftermarket service through the Allison Authorized Service Network.

Electric Pickup Truck Market is set to grow at a CAGR of 21.8% during the forecast period of 2022-2032: Market Decipher

Retrieved on: 
Monday, October 17, 2022

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.

Key Points: 
  • The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.
  • The market in North America is also expanding steadily due to the high demand for electric trucks for logistics transport fleets.
  • The expansion of the logistics sector owing to the notable growth in e-commerce is significantly driving the growth of the electric pickup truck market."
  • Governments are providing incentives for manufacturing electric pickup trucks and supporting the sale of EVs through tax credits, which is boosting the market for Electric Pickup Trucks.

Electric Pickup Truck Market is set to grow at a CAGR of 21.8% during the forecast period of 2022-2032: Market Decipher

Retrieved on: 
Monday, October 17, 2022

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.

Key Points: 
  • The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.
  • The market in North America is also expanding steadily due to the high demand for electric trucks for logistics transport fleets.
  • The expansion of the logistics sector owing to the notable growth in e-commerce is significantly driving the growth of the electric pickup truck market."
  • Governments are providing incentives for manufacturing electric pickup trucks and supporting the sale of EVs through tax credits, which is boosting the market for Electric Pickup Trucks.

Special Purpose Electric Vehicle Market to Reach $113.75 Billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Monday, September 26, 2022

Based on type, the special purpose electric vehicles market is segmented into electric sweepers & scrubbers, electric sanitation trucks, electric earthmoving equipment, electric concrete mixers, electric tractors, electric forklifts, electric automated guided vehicles (AGVs), pallet stackers, and pallet trucks.

Key Points: 
  • Based on type, the special purpose electric vehicles market is segmented into electric sweepers & scrubbers, electric sanitation trucks, electric earthmoving equipment, electric concrete mixers, electric tractors, electric forklifts, electric automated guided vehicles (AGVs), pallet stackers, and pallet trucks.
  • In 2022, the electric earthmoving equipment segment is estimated to account for the largest share of the special purpose electric vehicles market.
  • The company has continuously focused on agreements, partnerships, and collaborations to augment its market share in the special purpose electric vehicles market.
  • Crown Equipment has continuously focused on agreements, partnerships, collaborations, and expansions to augment its market share in the special purpose electric vehicles market.

Special Purpose Electric Vehicle Market to Reach $113.75 Billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Monday, September 26, 2022

Based on type, the special purpose electric vehicles market is segmented into electric sweepers & scrubbers, electric sanitation trucks, electric earthmoving equipment, electric concrete mixers, electric tractors, electric forklifts, electric automated guided vehicles (AGVs), pallet stackers, and pallet trucks.

Key Points: 
  • Based on type, the special purpose electric vehicles market is segmented into electric sweepers & scrubbers, electric sanitation trucks, electric earthmoving equipment, electric concrete mixers, electric tractors, electric forklifts, electric automated guided vehicles (AGVs), pallet stackers, and pallet trucks.
  • In 2022, the electric earthmoving equipment segment is estimated to account for the largest share of the special purpose electric vehicles market.
  • The company has continuously focused on agreements, partnerships, and collaborations to augment its market share in the special purpose electric vehicles market.
  • Crown Equipment has continuously focused on agreements, partnerships, collaborations, and expansions to augment its market share in the special purpose electric vehicles market.

South Africa Fleet Management Market Report 2022: Latest Information on Vendors, Products, and Markets - ResearchAndMarkets.com

Retrieved on: 
Friday, May 6, 2022

How will the market for fleet management systems for commercial vehicles in South Africa evolve in 2022 and beyond?

Key Points: 
  • How will the market for fleet management systems for commercial vehicles in South Africa evolve in 2022 and beyond?
  • The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios that together represent 70% of the total number of fleet management systems in use in the country.
  • The analyst ranks Cartrack and MiX Telematics as the largest providers of fleet management solutions in South Africa.
  • Outlook on the African fleet management market beyond South Africa.

ePropelled and Ramkrishna Forgings Limited Partner on EV Motors

Retrieved on: 
Monday, November 15, 2021

and KOLKATA, India, Nov. 15, 2021 /PRNewswire/ -- ePropelled , the Massachusetts-based technology company that offers leading-edge electric propulsion systems, today announced it has signed a memorandum of understanding with Ramkrishna Forgings Limited (RKFL), a leading global supplier of forged, rolled, and machined products for the automotive and related industries.

Key Points: 
  • and KOLKATA, India, Nov. 15, 2021 /PRNewswire/ -- ePropelled , the Massachusetts-based technology company that offers leading-edge electric propulsion systems, today announced it has signed a memorandum of understanding with Ramkrishna Forgings Limited (RKFL), a leading global supplier of forged, rolled, and machined products for the automotive and related industries.
  • ePropelled designs intelligent motors, motor controllers, and generators that help reduce energy consumption and improve system efficiency at a lower cost in the UAV, EV, and pump markets.
  • ePropelled has offices in the United States, Europe, and India and works with manufacturers of various types and sizes around the world.
  • Ramkrishna Forgings Limited, incorporated in 1981, is headquartered at Kolkata, India.

Volvo Group - the third quarter 2021

Retrieved on: 
Thursday, October 21, 2021

GOTHENBURG, Sweden, Oct. 21, 2021 /PRNewswire/ -- "During Q3 2021, demand for the Volvo Group's products and services was good in most markets around the world.

Key Points: 
  • GOTHENBURG, Sweden, Oct. 21, 2021 /PRNewswire/ -- "During Q3 2021, demand for the Volvo Group's products and services was good in most markets around the world.
  • We increased our net sales to SEK 85.3 billion with strong growth not least in the service business.
  • However, the quarter was affected by shortages of semiconductors, other components and freight capacity resulting in production disturbances and increased costs.
  • In Q3 2021, net sales increased by 11% to SEK 85.3 billion (76.9).

Volvo Group - the second quarter 2021

Retrieved on: 
Tuesday, July 20, 2021

GOTEBORG, Sweden, July 20, 2021 /PRNewswire/ -- "During Q2 2021, demand for the Volvo Group's products and services continued to be good.

Key Points: 
  • GOTEBORG, Sweden, July 20, 2021 /PRNewswire/ -- "During Q2 2021, demand for the Volvo Group's products and services continued to be good.
  • In Q2 2021, net sales increased by 24% to SEK 90.6 billion (73.2).
  • Currency movements had a negative impact on operating income of SEK 1,532 M.
    On April 1, 2021, the Volvo Group divested UD Trucks.
  • Volvo Group, Daimler Truck and the Traton Group signed a non-binding agreement to install and operate a high-performance public charging network across Europe.