- Eacon shares rose 14% to HK$100.6 as of press time, giving the company a market value of HK$14.8 billion. - Founded in 2018, Eacon focuses on the commercial deployment of L4 autonomous driving solutions for mining sites. Eacon Mining Technology (HKEX: 7687), a provider of autonomous driving solutions for mining sites backed by CATL (HKEX: 3750), surged on its Hong Kong trading debut on Wednesday, after its public offering was oversubscribed by about 157.82 times. The stock opened at HK$91, up roughly 3.5% from its offer price of HK$87.92. As of press time, gains widened to about 14.31%, at HK$100.6 per share, bringing the company's market value to HK$14.8 billion. The company offered about 26.13 million shares in its global offering, raising total proceeds of about HK$2.3 billion, with net proceeds of about HK$2.18 billion. The offering drew 11 cornerstone investors, who together subscribed for about $146 million worth of shares, or about 49.8% of the total offer shares. Those investors included Zijin Mining's ZIJINNING, Fidelity International, JPMorgan's JPMAMAPL and Barings, among other domestic and international institutions. Founded in 2018, Eacon focuses on the commercial deployment of L4 autonomous driving solutions for mining sites. As of December 31, 2025, the company had deployed 2,580 active autonomous mining trucks. Measured by the number of active autonomous mining trucks, Eacon ranked first in China's market for mining-site autonomous driving solutions, with a 55.5% share. Its fleet of autonomous mining trucks deployed at a single mining site has exceeded 500, the largest such fleet deployed at a single site globally, according to its prospectus. The penetration rate of autonomous mining trucks in China is expected to rise from about 12% in 2025 to more than 50% by 2030, according to data from Frost & Sullivan. Eacon's revenue grew 45.5% year-on-year in 2025
Jul 8, 2026 · via cnevpost.com
Tesla Semi trucks equipped with Full Self-Driving validation hardware have been spotted on California roads again — and the frequency of these sightings suggests the program is well past early exploration. Here's what the latest footage reveals and what it tells us about where autonomous trucking is headed. 1. These Sightings Are Becoming Routine — and That's Significant The Tesla Semi spotted this week is far from an isolated case. According to multiple reports, validation-equipped Semis were observed on public roads in Sunnyvale, Palo Alto, and Fremont across at least four separate dates in June 2026 alone — June 20, 21, 24, and 27. When a test program reaches this kind of cadence on public roads, it typically signals a transition from early feasibility work to structured data collection. Tesla isn't just checking whether FSD can run on a Class 8 truck; it's actively building the dataset to make it work reliably. 2. The Hardware Configuration Points to Production Intent The validation equipment visible on these Semis isn't prototype-only gear. The trucks are running a suite of 10 external cameras with camera washers — a configuration consistent with production-intent autonomous sensor hardware. Tesla is also using Hardware 4 (HW4) as the FSD compute platform on the Semi, the same generation Elon Musk described in April 2026 as sufficient for achieving "much better than human safety for FSD" in passenger vehicles. Samsung serves as the exclusive camera supplier for the Semi platform. The fact that these are production-spec components, not bolted-on research rigs, matters: Tesla is validating the system it actually plans to ship. 3. The FSD Model Is Being Rebuilt From Scratch for Trucking Tesla isn't simply porting its passenger-car FSD stack onto the Semi and calling it done. According to background research, Tesla is remodeling its FSD AI specifically
Jul 8, 2026 · via basenor.com
The mining truck L4 company invested by CATL went public, with its stock price surging over 9% at opening and a market capitalization reaching 12 billion yuan, despite accumulating a total loss of 1.2 billion yuan over the past three years. The mining autonomous driving company backed by CATL has officially gone public! Che Dong Xi July 8 news, just now, Inceptio Mining Technology Co., Ltd. (referred to as "Inceptio Mining") has officially listed on the Hong Kong Stock Exchange. The final IPO offering price was set at HK$87.92 (approximately RMB 76.17) per share, with a total of 26.132 million shares issued. Its total global fundraising amount is approximately HK$2.298 billion (approximately RMB 1.99 billion), and the net proceeds amount to HK$2.175 billion (approximately RMB 1.884 billion). After the market opened, Inceptio Mining's stock price once exceeded the offering price, trading at HK$91.1 per share (approximately RMB 78.92), representing a 3.62% increase, with a market capitalization of HK$13.471 billion (approximately RMB 11.67 billion), before its price began to pull back. ▲ Inceptio Mining's stock price at the opening of Hong Kong trading Half an hour after trading began, Inceptio Mining's share price saw strong growth, trading at HK$96 per share (approximately RMB 83.17), up 9.19%, with a market capitalization of HK$14.195 billion (approximately RMB 12.297 billion). ▲ Inceptio Mining's stock price half an hour after Hong Kong market opening As of press time, Inceptio Mining's share price has seen a slight pullback, trading at HK$93.05 per share (approximately RMB 80.61), up 5.83%, with a market capitalization of HK$13.759 billion (approximately RMB 11.92 billion). ▲ Inceptio Mining's stock price as of press time Founded in 2018, Inceptio Mining focuses on the commercial deployment of autonomous driving solutions for mining sites. As of December 31, 2025, the company has deployed 2,580 active
Jul 8, 2026 · via eu.36kr.com
Hutchison Ports says the latest order builds on the successful use of autonomous trucks in mixed-traffic container terminal operations at Felixstowe — a deployment the port describes as the first of its kind in Europe. The battery-electric trucks operate inside the terminal, moving containers between quay cranes, yard areas and other parts of the port. Their expansion marks another step in Felixstowe’s automation programme, as the UK’s largest container port looks to increase consistency, cut emissions and support future terminal capacity. Third batch completes 100-unit fleet The latest order follows earlier phases of deployment with Westwell. Felixstowe and the Chinese technology company first announced an agreement for 100 battery-powered autonomous Q-Trucks in 2023, after a tender process and on-site testing. A further 34 autonomous trucks were ordered in 2025, doubling the fleet at the time. The newly confirmed third batch will now take the number of autonomous trucks at the port to 100. According to the port, the trucks are being introduced into a live terminal environment where they operate alongside conventional vehicles and equipment, rather than in a fully separated automated zone. This mixed-traffic model is one of the reasons the deployment is being watched closely by the wider ports and logistics industry. New sensors and second battery-swapping station The next batch will include upgraded sensor and perception systems, including 128-line LiDAR and advanced camera technology. The port says this will give the vehicles a more detailed understanding of their surroundings and support safe and reliable operation in a busy terminal environment. Felixstowe is also adding a second automated battery-swapping station. The existing station can replace a truck battery in around five to six minutes, allowing the vehicles to remain in operation with limited downtime. The trucks are supported by the port’s private 5G network, which provides real-time connectivity
Jul 8, 2026 · via trans.info
Engine Technology Forum Launches SCR, DEF Resource Center Amid Emissions Debate Cummins, Paccar Ease DEF Derates After EPA Guidance Updated diesel engine software gives truck operators more time to address emissions-system issues while staying compliant with EPA emissions standards. - Cummins and Paccar have adjusted their diesel engine software following new guidance from the EPA. - The updated software allows truck operators extended time to solve emissions-system problems. - Compliance with EPA emissions standards is maintained under the new adjustments. *Summarized by AI Cummins and Paccar announced software changes to their diesel engines to allow truckers to continue to operate longer after a truck’s sensors have determined an empty diesel exhaust fluid tank or other emissions system problems. They join Daimler Truck North America, which recently announced changes to Detroit engines, in making changes to reflect revised Environmental Protection Agency guidance on DEF inducements. Diesel exhaust fluid is used in selective catalytic reduction technology to convert nitrogen oxides (NOx) in engine exhaust into nitrogen and water, helping meet EPA emissions standards. DEF inducements are safeguards that reduce vehicle speed and power when emissions system issues are detected. Common issues include low DEF levels or reduced selective catalytic reduction system performance. They prompt, or "induce," drivers to correct the issue by refilling the DEF tank, repairing faulty sensors, or performing a system regeneration. These are commonly known as "DEF derates." What EPA Said About DEF Derates Last August, the EPA announced new guidance for manufacturers to increase the time truckers have to refill the DEF tank or make repairs. The agency also announced that starting with model year 2027, all new diesel on-road trucks must be engineered to avoid sudden and severe power loss after running out of DEF. To address the problem for vehicles already in use, EPA’s guidance allowed
Jul 7, 2026 · via truckinginfo.com
LiuGong 9200F for Jiangxi Copper: fleet planning and support notes for mines Reviewed by Joe Ashwell First reported on International Mining – News 30 Second Briefing LiuGong has delivered its 200 t class 9200F ultra-large hydraulic excavator, its largest mining unit to date, to Jiangxi Copper Group for frontline deployment in open-pit metallic mining. The 9200F targets high-end hard-rock operations traditionally dominated by foreign OEMs, signalling Chinese manufacturers’ push into larger-size classes for primary loading fleets. For mine planners and maintenance teams, the move widens options for domestic sourcing of ultra-large excavators, with potential implications for fleet standardisation, parts logistics, and lifecycle support in Chinese copper pits. Technical Brief - Unit is classed at 200 t operating weight, placing it in the ultra-large excavator segment. - Similar domestic ultra-large units could enable Chinese mines to standardise fleets around locally supported platforms. Our Take In our database, LiuGong’s recent launches – from the ultraclass hybrid wheel loader and 127 t autonomous truck (June 2, 2026) to the DR50CE battery-electric rigid truck (June 29, 2026) – indicate a deliberate move up into high-payload mining fleets, with this 200 t-class 9200F excavator filling a key ultra-large loading slot in that line-up. The delivery of a 200 t-class excavator to Jiangxi Copper Group gives LiuGong a reference in large open-pit metal mining, which is likely to be strategically valuable as it faces trade barriers such as the UK anti-dumping tariffs on Chinese-built excavators upheld in January 2026. Across the 2409 tag-matched ‘Projects’ and ‘Product’ pieces in our coverage, LiuGong is one of the few Chinese OEMs consistently appearing in both quarrying (e.g. Holcim UK’s 870HE loader deployment) and large-scale mining contexts, signalling an effort to position its heavy equipment as a full-fleet alternative to established Western suppliers. Prepared by collating external sources, AI-assisted tools,
Jul 7, 2026 · via geomechanics.io
A lidar maker the Pentagon brands a Chinese military company quietly wires up America’s robotaxis, trucks, and even an airport. Nvidia is one of its partners. Hesai makes many of the sensors self-driving machines use to see. The Shanghai firm also sits on a US Department of Defense blacklist of Chinese military companies, CNBC reports. The label blocks Pentagon contracts. It does nothing to stop American firms using the sensors, and Hesai’s US footprint keeps growing. Blacklisted, but everywhere Hesai holds about a third of the global market for automotive lidar. Its sensors sit inside Amazon’s Zoox robotaxis, trucking firms Waabi and Kodiak, and delivery outfit Nuro. They even watch the gates at New York’s JFK airport. An expanded deal, unveiled at January’s CES, made Hesai an option on Nvidia’s self-driving platform too. Price explains the reach. Hesai says it has cut the cost of a unit from more than $10,000 to under $200. Critics counter that the price only works thanks to Chinese state subsidies. Hesai denies that. The backdoor worry Security researchers warn that attackers could hijack the sensors. A Duke University lab showed how planted malware can make a lidar see a phantom person. It can also hide a real one. In 2024 a botched Hesai firmware update hit a leap-year bug and froze every one of its sensors on the same day. Hesai’s CEO David Li calls the threat fiction. He says the sensors store no data and cannot phone home. The leap-year fault, he adds, was a coding bug the firm fixed within a day. And Beijing, he insists, holds no stake in the company. Why it matters The pattern rhymes with Huawei, DJI, and router maker TP-Link. All three are Chinese firms flagged on the same Pentagon list before Washington moved to tear them
Jul 7, 2026 · via thenextweb.com
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Jul 7, 2026 · via youtube.com
Ocean Network Express (ONE) and Solvay Group have expanded their low-carbon logistics partnership with the deployment of electric trucking on an inland container route in Germany.
The initiative covers Solvay’s 73 km daily container route between Bad Wimpfen and Mannheim. The lane was previously served by diesel trucks.
Cargo is now moved by electric truck to Mannheim, where it is transferred to barges for the 500 km journey to the deep-sea ports of Rotterdam or Antwerp. According to the companies, barges generate lower emissions per TEU than trucking.
The project builds on ONE and Solvay’s earlier use of OLEO100 rapeseed oil biofuel trucks for Solvay’s long-distance routes in France.
By switching the Mannheim-Bad Wimpfen lane to electric trucking, the partners have eliminated tailpipe emissions on that route. The change also reduces noise pollution for local communities and improves driver comfort.
ONE said the deployment demonstrates that heavy-duty container transport can shift to lower-carbon alternatives without compromising reliability.
The companies described the project as a proof of concept for future inland container logistics in Europe, as shippers and carriers seek to reduce Scope 3 emissions and prepare for stricter environmental regulations.
Jul 7, 2026 · via container-news.com
Hutchison Ports Port of Felixstowe has confirmed an order for a third batch of autonomous trucks from Shanghai Westwell Technology, bringing its total autonomous truck fleet to 100 vehicles and consolidating its position as the leading European port for autonomous vehicle deployment at scale in a live terminal environment. The latest order builds on the successful integration of autonomous trucks into mixed-traffic container terminal operations at Felixstowe, the first deployment of its kind in Europe. The new vehicles incorporate enhanced sensor and perception technology including 128-line LiDAR and advanced camera systems, providing a more detailed understanding of the operating environment to support safe and reliable operation alongside conventional equipment. The investment also includes a second automated battery swapping station, complementing the existing facility that enables autonomous trucks to exchange depleted batteries for fully charged units in five to six minutes, maximising fleet availability and minimising operational disruption. Supporting the entire autonomous fleet is the port’s private 5G network, one of the largest industrial private 5G deployments in the United Kingdom, providing fast and reliable real-time connectivity between vehicles, control systems and terminal infrastructure. The autonomous trucks are fully electric, consistent with the port’s use of electricity certified from renewable sources since April 2023. The expanded fleet supports Felixstowe’s target of achieving net-zero Scope 1 and 2 emissions by 2035. Clemence Cheng, Executive Director of Hutchison Ports and CEO of Port of Felixstowe, described the expansion to 100 vehicles as a demonstration of confidence in both the technology and the operational benefits it is delivering for customers, colleagues and port operations. Kenny Tan, Founder and Chairman of Westwell, highlighted the milestone as confirmation of Felixstowe’s standing as Europe’s leading port for autonomous vehicle deployment at scale, and expressed commitment to continuing the partnership in support of safer, smarter and more sustainable
Jul 7, 2026 · via container-news.com
The Government will stop certain terms from being used to market automated vehicles that do not meet self-driving standards. Part of the Automated Vehicles Act 2024, the new rules aim to help prevent misunderstanding by ensuring that protected terms are only used when marketing vehicles that meet the required standards. Making the announcement in a written statement to Parliament, transport minister Simon Lightwood said: “These regulations will help prevent end-users in Great Britain from being misled into thinking that vehicles that are not authorised automated vehicles can safely and lawfully drive themselves. “Misleading marketing of automated vehicles is dangerous: it can mislead drivers into thinking that they do not need to pay attention to the road. “As more manufacturers offer high-end driver assistance systems, misleading marketing risks worsening road safety and could undermine trust and successful adoption of self-driving vehicle technology.” Ensure you always get Fleet News insight. Make us your preferred source on Google Lightwood (pictured below) issued the statement after the Department for Transport (DfT) published the outcome to a consultation on protecting marketing terms by identifying the words, expressions, symbols or marks that should only be used to describe authorised or listed automated vehicles The AV act sets out an authorisation process to determine whether a vehicle can drive itself safely and legally without being controlled or monitored by a human. “This process would be undermined if businesses are able to claim that their vehicles are self-driving without getting the vehicles authorised, which may lead to confusion about vehicle capabilities and driver responsibilities,” said Lightwood. Consultation outcome The consultation demonstrated broad support for protecting certain marketing terms so that they may only be used legally to describe vehicles authorised or listed as able to safely drive themselves. The following terms will be reserved for authorised or listed
Jul 7, 2026 · via fleetnews.co.uk
ABB Robotics is expanding its Autonomous Mobile Robotics (AMR) portfolio with the launch of the Flexley Stack F712, creating a complete interoperable ecosystem across all major Visual SLAM AMR … [Read More...] about ABB Robotics completes Visual SLAM AMR range with autonomous forklift launch Main Content News ABB Robotics completes Visual SLAM AMR range with autonomous forklift launch ExRobotics launches UL-certified inspection robot for hazardous industrial sites in North America ExRobotics has announced the North American launch of its UL Certified ExR-2.5 autonomous inspection robot at the recent Energy Drone & Robotics Summit in Houston. This certification marks … [Read More...] about ExRobotics launches UL-certified inspection robot for hazardous industrial sites in North America HelloFresh expands chilled warehouse capacity fivefold with Locus Robotics automation Locus Robotics, a warehouse automation company, has announced that a cold-storage hardware modification developed for HelloFresh has enabled the meal kit company to expand chilled fulfillment capacity … [Read More...] about HelloFresh expands chilled warehouse capacity fivefold with Locus Robotics automation Flytrex scales shared drone traffic system with thousands of coordinated flights Flytrex says it has reached a new milestone in commercial drone delivery after scaling shared airspace operations to thousands of coordinated flights per month without any reported airspace … [Read More...] about Flytrex scales shared drone traffic system with thousands of coordinated flights Robust.AI selects Aptiv’s AI-powered perception system for next-generation Carter warehouse robot Aptiv, an industrial technology company, has announced that Robust.AI, a developer of AI-driven warehouse automation, has selected Aptiv’s intelligent perception solutions, including AI and Machine … [Read More...] about Robust.AI selects Aptiv’s AI-powered perception system for next-generation Carter warehouse robot Manufacturing What Are the Biggest Challenges in Modern Electronics Manufacturing? Walk the floor of any active facility today and you see the same stress points. The machines are faster. The
Jul 7, 2026 · via roboticsandautomationnews.com
The Port of Felixstowe is set to further expand its autonomous vehicle operations after confirming a new order for an additional batch of autonomous trucks from Shanghai Westwell Technology Co. Ltd. (Westwell). The investment will increase the port’s fleet to 100 autonomous trucks, reinforcing its position as Europe’s leading port for the large-scale deployment of autonomous vehicles in a live terminal environment. The latest order follows the successful integration of autonomous trucks into the port’s mixed-traffic container terminal operations, marking the first implementation of this type in Europe. The expansion represents the next stage in the port’s ongoing programme to introduce advanced technologies that enhance operational efficiency, safety and environmental performance. “This further investment marks another important step in the Port of Felixstowe’s journey towards smarter, safer and more sustainable port operations. Expanding our autonomous truck fleet to 100 vehicles demonstrates our confidence in the technology and in the benefits it is already bringing to our customers, colleagues and operations. Felixstowe has led the way in deploying autonomous trucks safely at scale in a live port environment, and this latest order reinforces our commitment to innovation, operational resilience and our target of achieving Net-Zero for Scope 1 and 2 emissions by 2035.” – Clemence Cheng, Executive Director of Hutchison Ports and Port of Felixstowe CEO. The additional vehicles will feature upgraded sensor and perception technology, including 128-line LiDAR and advanced camera systems designed to provide a more comprehensive understanding of the surrounding environment. These enhancements will support the safe, reliable and accurate operation of the vehicles within the port’s busy mixed-traffic terminal. The technology forms part of the next phase of development for the autonomous truck programme, building on capabilities highlighted during the previous vehicle order. Alongside the new vehicles, the investment includes a second automated battery swapping station. The
Jul 7, 2026 · via mtbevents.com
Waabi says it has demonstrated what it describes as a major advance in autonomous driving by transferring its AI-powered virtual driver from one autonomous truck platform to another without requiring additional training, engineering or new data. The company says its Waabi Driver software was integrated with the Volvo VNL Autonomous truck, developed in partnership with Volvo Autonomous Solutions, and was able to operate autonomously on highways and complex surface streets from its first deployment. According to Waabi, the system achieved what is known as “zero-shot” generalization, meaning the AI driver transferred to an entirely different vehicle platform without requiring new real-world data, simulation data or fine-tuning. The company says the Waabi Driver had previously been trained to operate a Peterbilt 579 truck before being deployed on the Volvo VNL Autonomous, which has different sensors, control systems and vehicle characteristics. Waabi argues that this demonstrates a significant step toward scalable autonomous trucking by enabling the same AI system to operate across multiple vehicle platforms without the lengthy engineering and validation processes that have traditionally been required. The company says the achievement builds on an earlier milestone in which the Waabi Driver expanded beyond highway driving to operate on complex urban streets. Waabi says the ability to generalize across both driving environments and vehicle platforms is essential if autonomous driving systems are to scale commercially. Nils Jaeger, president of Volvo Autonomous Solutions, said: “Road testing the Volvo VNL Autonomous, integrated with the Waabi Driver, on public roads is an important proof point of our partnership with Waabi. “It also demonstrates the scalability of Volvo’s autonomous truck platform, which is designed to integrate different vehicle models and virtual drivers to enable a wide range of use cases and applications. Together with Waabi, we are advancing autonomous transport solutions toward commercial reality.” Waabi says
Jul 7, 2026 · via roboticsandautomationnews.com
Port of Felixstowe has confirmed an order for a third batch of autonomous trucks from Shanghai Westwell Technology Co. Ltd. (“Westwell”), increasing its autonomous truck fleet to 100 vehicles and further strengthening its position as a European leader in the deployment of autonomous vehicle technology at scale. The latest order builds on the successful introduction of autonomous trucks into mixed-traffic container terminal operations at Felixstowe, the first deployment of its kind in Europe. “This further investment marks another important step in the Port of Felixstowe’s journey towards smarter, safer and more sustainable port operations. “Expanding our autonomous truck fleet to 100 vehicles demonstrates our confidence in the technology and in the benefits it is already bringing to our customers, colleagues and operations. Felixstowe has led the way in deploying autonomous trucks safely at scale in a live port environment, and this latest order reinforces our commitment to innovation, operational resilience and our target of achieving Net-Zero for Scope 1 and 2 emissions by 2035.” Kenny Tan, Founder and Chairman of Westwell, said: “We are proud to support Hutchison Ports Port of Felixstowe as it continues to deploy autonomous truck technology at scale. This latest order marks another important milestone in our partnership and reflects the confidence Felixstowe has placed in Westwell’s technology, products and operational support. “With 100 autonomous trucks in operation, the Port of Felixstowe is Europe's leading port for the deployment of autonomous vehicles at scale in live terminal operations. We look forward to continuing our work together to support safer, smarter and more sustainable port operations.” The new trucks will incorporate enhanced sensor and perception technology, including 128-line LiDAR and advanced camera systems, providing a more detailed understanding of the operating environment and supporting safe, accurate and reliable operation in a busy mixed-traffic terminal environment. Similar technology
Jul 6, 2026 · via ajot.com
The Port of Felixstowe has ordered a third batch of autonomous trucks from Shanghai Westwell Technology, taking its fleet to 100 vehicles. The latest investment builds on the port’s deployment of autonomous trucks within mixed-traffic container terminal operations at Felixstowe, reportedly the first deployment of its kind in Europe. Clemence Cheng, executive director of Hutchison Ports and chief executive of the Port of Felixstowe, said: “This further investment marks another important step in the Port of Felixstowe’s journey towards smarter, safer and more sustainable port operations. “Expanding our autonomous truck fleet to 100 vehicles demonstrates our confidence in the technology and in the benefits it is already bringing to our customers, colleagues and operations.” The new electric trucks feature upgraded sensor technology, including 128-line LiDAR and advanced camera systems, designed to improve environmental perception and support safe operation alongside conventional terminal traffic. The order also includes a second automated battery swapping station. The facility enables autonomous trucks to exchange depleted batteries for fully charged units in five to six minutes, helping maximise fleet availability and minimise downtime. The autonomous fleet operations are supported by the port’s private 5G network, which provides secure, real-time communications between autonomous vehicles, control systems and terminal infrastructure. Kenny Tan, founder and chairman of Westwell, said: “With 100 autonomous trucks in operation, the Port of Felixstowe is Europe’s leading port for the deployment of autonomous vehicles at scale in live terminal operations.” The fully-electric autonomous truck fleet forms part of the Port of Felixstowe’s wider decarbonisation strategy. The July 2026 issue of Logistics Manager is out now with articles on air cargo, cybersecurity, e-commerce and retail logistics and the use of renewables in industrial property!
Jul 6, 2026 · via logisticsmanager.com
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Jul 6, 2026 · via nst.com.my
Rio Tinto–CITIC mining tech fund: green AHS trucks and fleet design notes Reviewed by Joe Ashwell First reported on International Mining – News 30 Second Briefing Rio Tinto Group and CITIC Investment Holdings have launched the Suzhou Industrial Park Rio Tinto-CITIC Xinxin Equity Investment Fund on 26 June, partnering with CITIC Private Equity, Shaanxi Coal Geology Group, Yuanfeng Capital and Zhongfang to back mining technology ventures. The fund is moving to invest in “green” autonomous haulage system (AHS) trucks, signalling capital support for low-emission, automated haul fleets in large open pits. For mine planners and OEMs, this points to stronger funding for battery-electric or hybrid AHS platforms and associated digital control infrastructure in China-focused projects. Technical Brief - Fund structure centres on equity stakes in mining technology OEMs and digital platform providers. - Early-stage backing likely targets prototype-to-commercial scale-up: proving duty cycles, battery life and charging logistics in-pit. - For other open pits, similar funds could de-risk capex for transitioning from manned diesel fleets to mixed AHS fleets. Our Take Rio Tinto Group appears frequently in our mining sustainability coverage, but this Suzhou Industrial Park-based fund with CITIC entities signals a deliberate pivot towards China-centred deployment of mining tech rather than just sourcing equipment from global OEMs. With no specific commodities named, the focus on green autonomous haulage suggests Rio Tinto and CITIC are targeting fleet decarbonisation and labour-productivity gains that can be applied across multiple ore types, which typically makes the tech more attractive for Chinese state-linked operators such as Shaanxi Coal Geology Group. Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team. Related Articles Related Industries & Products Mining Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management. Construction
Jul 6, 2026 · via geomechanics.io
United States Commercial Vehicle Sensors Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings - The United States Commercial Vehicle Sensors market is projected to grow at a compound annual growth rate (CAGR) of 8–10% between 2026 and 2035, driven by regulatory mandates for advanced driver assistance systems (ADAS) and fleet modernization. Light-duty commercial vehicles (Class 1–3) represent roughly 60% of sensor demand, reflecting strong replacement cycles and last-mile delivery expansion. - Import dependence for advanced sensor modules remains significant at an estimated 40–50%, with many components sourced from Asia and Europe. This exposes the market to supply chain volatility, particularly for LiDAR and high-resolution camera systems. - The aftermarket segment contributes 25–30% of total market value, supported by an average vehicle age of 12–14 years for heavy trucks. Rising retrofitting activity for telematics and safety sensors is creating a stable revenue stream outside original equipment production. Market Trends - ADAS sensor demand is expanding at 12–15% CAGR, with radar and camera systems becoming standard in new medium- and heavy-duty trucks. NHTSA rulemaking on automatic emergency braking is accelerating adoption ahead of formal compliance deadlines. - LiDAR adoption remains below 5% in 2026 but is expected to approach 15–20% by 2035, driven by autonomous truck pilot programs, particularly in long-haul freight corridors across the southern and western United States. - Telematics and connectivity sensors are transitioning from premium options to baseline specifications, with fleet operators increasingly requiring real-time monitoring of tire pressure, temperature, and brake wear to reduce downtime and comply with safety rating systems. Key Challenges - Supplier qualification and long certification cycles remain a bottleneck. New sensor designs can require 18–24 months of validation with Tier 1 integrators, slowing the introduction of smaller, innovative vendors. - Input cost volatility for rare earth metals and semiconductor components
Jul 5, 2026 · via indexbox.io
The Trucking Crackdown Doesn't Go Far Enough Trump is on the right road, but it’s going to take more to end dangerous trucking in America. On May 19, 2026, a truck driven by a man named Manvir Singh slammed into stopped traffic on California Route 99 near Lodi, killing two young men aged 16 and 20, and sending five others in separate vehicles to the hospital. According to the Department of Homeland Security, Singh entered the United States illegally in 2023, and the issuance of his commercial driver’s license (CDL) by the state of California is under investigation. A few weeks later, on June 10, a gentleman named Manmeet Singh, recently of Sacramento, was behind the wheel of an 18-wheeler hauling mail for the United States Postal Service when he crashed on Interstate 5 near the town of Willows, California. This Mr. Singh had no valid CDL, which means he may not have been trained whatsoever in how to operate his truck properly. It also turns out that Yaari Transport LLC, the trucking company he worked for, has a long history of operating shoddy equipment and, contrary to federal regulations, employing drivers who are illiterate in English. If all of this sounds familiar, that’s because it is. Truck crashes involving illegal immigrants, or those who were issued employment authorization documents in a suspicious manner by the Biden Administration, are now a regular feature of our news and social media commentary. What makes these two incidents noteworthy, however, is not the particular pattern of poorly trained and incompetent “drivers” we see repeated across so many crashes, but that these two took place nearly one year after the Trump Administration began to do something about them. They present a number of questions about how deep the problem is and whether the new
Jul 5, 2026 · via commonplace.org