Gadkari inaugurates Volvo CE's new products at EXCON 2023

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Gadkari inaugurates Volvo CE's new products at EXCON 2023

Gadkari inaugurates Volvo CE's new products at EXCON 2023

Industry News
Dec 12,23

The EC500 50-Ton Electric excavator showcases the futuristic all-electric road compactors, DD40 Electric and PT220 Electric developed in India, unveils the EC80 Electric and brings L120 Electric wheel loader in India for customer trials.

Gadkari inaugurates Volvo CE's new products at EXCON 2023

Nitin Gadkari unveiling the Made in India Volvo DD40 Electric

Volvo Construction Equipment (Volvo CE) India marked a significant milestone in its commitment to sustainability ambitions with the biggest showcase of electric machines in India at Excon 2023, South Asia’s largest Construction Equipment event. The company showcased a comprehensive range of electric and other machines alongside innovative service solutions, demonstrating its unwavering commitment to empowering customers and providing them with the tools necessary to achieve their productivity and sustainability goals. Nitin Gadkari, Minister for Road Transport & Highways, GoI, has officially launched Volvo CE’s biggest lineup of new range product range at EXCON 2023.

Volvo CE is leading the charge towards more sustainable operations in mining, material handling, steel, cement, and urban infrastructure sectors. With the first-of-its-kind commercial launch of EC500 Electric, India’s first grid-connected electric excavator in the 50-ton class, Volvo CE pioneers a transition to zero-emission mining and construction machinery. In addition to this, the transformative potential of the L120 Electric Wheel Loader which is a pilot launch offered a glimpse into the future of material handling at ports, mines, plants, and other construction sites, offering no tailpipe emissions, near-silent operations, and a more comfortable work environment for a variety of indoor and outdoor applications. EC80 Electric, an addition to its already existing compact EC55 electric, used for urban construction and forestry, is also showcased as a near-production prototype. This innovative machine delivers superior performance with 6-8 hours of autonomy thanks to its bigger battery.

India-developed and designed electric compactors, DD40 and PT220 were showcased as technology concepts. The DD40 Electric Compactor features advanced instrumentation, zero-emission operation, and reliable charging, offering users the potential to experience energy cost reductions of up to 50%, while the PT220 Electric is ideal for environmentally sensitive areas with strict emission regulations, ensuring cleaner and quieter construction operations. Both products establish Volvo CE's advanced engineering capabilities and dedication to sustainable local solutions for the Indian market in line with Atmanirbhar Bharat focus of the government.

“CII Excon 2023 is a crucial platform for demonstrating our unwavering commitment to shaping the future of construction. We stand at the forefront of an Indian earthmoving equipment market projected to reach a phenomenal 10-15% CAGR over the next five years. This surge is driven by the growing demand for clean technologies, perfectly aligning with Volvo CE India's mission to be a catalyst for positive change. Our excavators, haulers, wheel loaders, and other equipment cater to a diverse range of sectors, including construction, mining, infrastructure development, and material handling,” said Dimitrov Krishnan, Managing Director of Volvo CE India. “We go beyond offering products; we drive a paradigm shift with innovative electric solutions and comprehensive sustainability support. By making sustainable options accessible and desirable, we aim to leave a lasting legacy of positive change,” he added.

Volvo CE also displayed the EC210D, their champion 20-ton excavator that demonstrates performance and productivity. Beyond electric innovation, Volvo CE is highlighting its commitment to supporting customer success with new-age service solutions which include Equipment as a Service, productivity, and uptime services. The EaaS business model is a value-added scalable service that bundles state-of-the-art equipment with efficiency measures and unlocks the customer’s business potential by eliminating concerns about high capital costs, skilled manpower, and technology updates therefore making the switch to electric machines easier.

Further, Volvo CE India offers a comprehensive set of productivity services to support customers throughout their journey. Some of which include operator simulators, smart assist solutions, machine configuration and training. Customers also get to understand the advantages of its uptime services such as automatic machine monitoring and real-time tech support. Volvo CE customers have access to expert technicians, genuine parts, and remanufactured components, ensuring maximum uptime and reassurance.

Volvo Construction Equipment is leading the way with electric machines that minimises our industry’s carbon footprint. Their services focus on helping customers achieve improved productivity and profitability in their businesses while transforming the construction equipment industry as we know it, one step at a time.