Normet, SmartDrive and the path to electrification
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Normet, SmartDrive and the path to electrification
May 9, 2024

Five years is a long time in mining technology circles: a point Normet is reinforcing with the rapid rise of its SmartDrive® battery-electric utility equipment platform. SmartDrive is a modular battery-electric vehicle (BEV) architecture designed to optimise energy consumption and performance. It includes the latest Li-ion battery technology with a fast-charging capability. High-torque electric motors supply instant[…]

Caterpillar reports better price realisation, continued autonomy growth & electrification progress
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Caterpillar reports better price realisation, continued autonomy growth & electrification progress
May 8, 2024

Caterpillar Inc has released its 2023 Annual Report, Sustainability Report, Diversity & Inclusion Report and Lobbying Report. Starting with the full annual report and looking at Caterpillar’s overall 2023 results, the numbers are good, but don’t actually represent overall increased sales volume, rather better achieved pricing. Resource Industries’ total sales were $13.583 billion in 2023,[…]