Capital Equipment News December 2021

CONSTRUCTION NEWS

Hyundai and Doosan to compete under Genuine tie-up

An intermediary holding company, Hyundai Genuine, has been established, following the purchase in August of Doosan Infracore, by Hyundai Heavy Industries Group. Doosan Infracore has since been renamed Hyundai- Doosan Infracore. Hyundai Construction Equipment and Hyundai-Doosan Infracore will continue to operate under their own management systems, competing as sister companies within the global equipment market. Hyundai Genuine’s intention is to rank among the Global Top 5 construction equipment manufacturers, capturing 5% of global markets by 2025. This will initially be achieved through the development of integrated excavator and wheeled loader platforms by 2025 that will be utilised by both companies. The two manufacturing businesses will combine their research and development efforts, to increase technological compet- itiveness, while sales strengths will be increased through mutually complementa- ry ranges of machinery. Yanmar Compact Equipment has introduced its first electric mini excavator prototype, the new SV17e. The innovation represents an important strategic step in the transformation for Yanmar Compact Equipment. “Our aim, together with our dealer part- ners, is to build stronger relationships and create even greater customer value,” says CEO, Giuliano Parodi. “Our transformation will embrace our entire business and will encompass new products with alternative fuel technologies. The SV17e prototype is a clear demonstration of our intent to build a sustainable business for our customers and dealer partners.” The SV17e mini excavator competes in the 1,5 to 2 t segment. Powered by efficient elec- tric drive and hard working 48-volt batteries with fast charging capability, it’s a quiet, zero emission machine designed to meet the most demanding emissions restrictions. In-line with Yanmar Compact Equipment’s com- mitment to create an exceptional customer experience, the appeal of SV17e goes beyond simply being an electric machine. The design and engineering team have set out to build a machine which offers the highest levels of comfort, ergonomics and operational power, precision, and control. “Our prototype is significant because it demonstrates our capability to bring the

Hyundai Genuine’s intention is to rank among the Global Top 5 construction equipment manufacturers by 2025.

market-leading expertise in automation and electrification. Hyundai Heavy Industries Group chair- person Kwon Oh-gap has vowed to devel- op the construction equipment business as a core sector of the group, a decision that will be backed by further investment at group level. b

Further ahead, new investment will be increased, to secure next-generation business activities. The plans include the development of hydrogen engines for construction equipment, further mergers and acquisitions, investment in start-up businesses and closer indus- try-university cooperation, to develop

Yanmar CE unveils its first electric mini excavator prototype

The SV17e mini excavator competes in the 1,5 to 2 t segment.

quality and reliability of our highly respected conventional engine technology into the arena of electrification,” explains director Product Management EMEA, Cedric Durand. “But we have gone further. As always, the operator is at the heart of this machine, and we have challenged ourselves to deliver the comfort, power, control and precision which we believe will surpass the expectations of

professional operators.” In preparation for its sales start at bau- ma 2022, the prototype SV17e is currently undergoing Yanmar’s vigorous product testing regime. These tough field tests are uncompromising in their thoroughness to ensure an uncompromising level of durability and reliability in the design and engineering. b

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