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Forklifts Trend. According to Interact analysis

According to Interact Analysis, Li-ion forklifts are raising and projects penetration rates will soar from approximately 32% in 2024 to over 70% by 2034 within the full-electric sector (which includes Li-ion and Lead-Acid models)

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Allison TerraTran expands into wide body mining dump market

Through its collaboration with Xuzhou Construction Machinery Group (XCMG), Allison will offer a new propulsion solution for the mining industry. The first series of 225 trucks equipped with TerraTran have been delivered and are supporting mining operations in Brazil.
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