Volvo CEhas been developing and adapting electric technology through a number ofresearch projects and concept models for a long time. And, keeping with thistrend, Volvo CE will begin to launch a range of electric equipments by mid-2020, says Dimitrov Krishnan, Vice President and Head of Volvo CE India.
What is your outlook for the constructionequipment sector in the country? And, in the given economic scenario, how haveyou performed?
TheIndian Construction Equipment market has been on a major upswing since 2015. Wepeaked in terms of both sales and demand in 2018. This year, however, weexperienced a slowdown. But, now, we see signs of revival.
2020certainly looks promising given the Government’s recent policy pronouncements,corporate tax breaks, and renewed thrust on massive infrastructure development.We expect the industry to log compounded annual growth of 8-10 per cent overthe next five years. Volvo CE India is poised to grow, on par with industry, ifnot better.
Are there any initiatives that you areundertaking at your company towards hybrid or electric equipments?
Volvo CEhas been developing and adapting electric technology through a number ofresearch projects and concept models for a long time. Through hard work,engineering ingenuity and hard-earned experiences, we’ve developed electricsolutions that never compromise on performance while providing all the benefitsof electric power.
Bymid-2020, Volvo CE will begin to launch a range of electric compact excavators(EC15 to EC27) and electric wheel loaders (L20 to L28), stopping new dieselengine-based development of these models. In parallel, we will keep working tofind additional opportunities for Electromobility across all product ranges andapplications. We want to be able to offer our customers clean, efficientsolutions that deliver on performance and productivity.
VolvoConstruction Equipment (Volvo CE) is delivering on its commitment of ‘BuildingTomorrow’ with the unveiling of its first commercial zero-emissions electriccompact excavator and wheel loader at the recent bauma Munich 2019. Themachines, which are the first to be shown from a new electric range of Volvobranded compact excavators and compact wheel loaders, deliver zero exhaustemissions, significantly lower noise levels, reduced energy costs, improvedefficiency and less maintenance requirements, compared to their conventionalcounterparts.
Webelieve in a sustainable future. So, at Excon 2019, we will be showcasing howVolvo CE is using Electromobility and Artificial Intelligence to advance thefuture of construction equipment.
Would you like to share with our readers thenew products and services that you plan to launch / showcase at EXCON 2019?
Volvo CEwill be showcasing a range of construction and mining equipment that serves thekey industrial segments of road construction, mining and general construction.Machines that will be on display include EC750D, DD100, P5320B and more.
“We willkeep working to find additional opportunities for Electromobility across allproduct ranges and applications. We want to be able to offer our customersclean, efficient solutions that deliver on performance and productivity.”