According to Interact analysis, Electrification uptake continues to lag behind expectations, constrained by barriers to battery-electric vehicle adoption. Off-highway powertrain market led by Chinese companies, as manufacturers pursue growth in western markets. Electrified forklift revenue share to ...
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)
According to the latest report by Jamie Fox, principal Analyst at Interact Analysis, permanent magnet motors are expected to reach a 52% share of off-highway motor revenue by 2027, before increasing to 63% in 2030. Total revenue for permanent magnet motors was $84 million in 2023, which is expected ...
The performance of the Fendt 600 Vario recorded by the PowerMix at the DLG test centre in Gross-Umstadt, Germany, is the result of close collaboration between Fendt and AGCO Power in Linnavuori, Finland
The CORE80 is the Diesel of the Year 2026. A day of celebration at the headquarters in Linnavuori, Finland, which has cemented AGCO Power’s evolution into a leading player in the global off-highway landscape.
Interact Analysis has released a new report focusing on the market for geared products in mobile applications. This covers various types of geared products such as axle/wheel drives, track drives, slew and winch drives which are commonly used in off-highway vehicles. The market will be worth $12.2bn...
In February 2023, registrations of new energy commercial vehicles in China totaled 14,224, up by 136% year-on-year. The landscape for fuel cell vehicles is very dynamic in China and Toyota led the way for fuel cell installations in February 2023, as we read in this insight by Shirly Zhu, Principal A...
According to a new insight by Yvonne Zhang, Research Associate at Interact Analysis, following a record high number of new energy commercial vehicle registrations in China, the number of units slumped for the first time in January 2023. This is the first year on year decline since February 2021.
In this insight, Jamie Fox, Principal Analyst at Interact Analysis, discusses whether hydrogen engine manufacturers should focus more on off-road or on-road transportation.
By 2030, heavy duty trucks will dominate the hydrogen fuel cell market. While China will lead, Europe will also experience high penetration. In this new insight, Marco Wang, Research Analyst at Interact Analysis, discusses the long-term outlook for the global hydrogen fuel cell truck market.
Chinese powertrain suppliers currently hold the majority of the global market share, particularly for lithium batteries, but will the recently enacted US inflation reduction act leave their EV market share in peril? Here is what Shirly Zhu, Principal Analyst at Interact Analysis, thinks.
According to newly published research by Jamie Fox, Principal Analyst at Interact Analysis (and one of the speakers in our webinar on biomethane and hydrogen), hydrogen internal combustion engines (H2 ICE) are forecast to be sold in 220,000 vehicles in 2035.
Jamie Fox, Principal Analyst at Interact Analysis, discusses here electric vehicle component pricing. The long-term trend is clear; there will be a decline in the cost of batteries as well as other components which will make vehicles less expensive over time and could lead to upfront cost parity in ...
According to the new insight by Shirly Zhu, Principal Analyst at Interact Analysis, in August, the electrified truck market in China saw a year-on-year growth rate of 89%. Meanwhile, the electrified commercial vehicle market in China maintained its growth momentum with a total registration of 17,822...
According to a recent research by Shirly Zhu, Principal Analyst at Interact Analysis, the Chinese truck and bus market is growing exponentially. In July 2022 alone new registrations totaled 16,793 units, a year-on-year increase of 92%.
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