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IDTechEx report: industry vehicle makers electrify to take on the car giants

February 13, 2020 / DANIEL BRIGHTMORE
SHARESHARESHARE

The new IDTechEx report, Electric Vehicles in Construction, Agriculture and Mining 2020-2030 uniquely addresses a huge opportunity. Vehicles for construction, agriculture and mining CAM have become one industry served by giants such as Caterpillar, CNH Industrial, John Deere and Komatsu but also small businesses making the new requirements such as drone systems and weeding and mine survey robots. IDTechEx CEO Raghu Das advises: The giants in CAM vehicles are cautiously going electric, but they should learn from the start-ups and the Tier One suppliers plunging into the world of precision farming, drones, swarming robots and the moveable zero-emission microgrids to charge them. For instance, parts and systems suppliers Cummins and Dana Corporation are making many shrewd acquisitions while exiting yesterday’s technologies.