With car makers constantly looking for new eco-friendly solutions to gas powered vehicles, Yamaha and Toyota teamed up to develop a new experimental Hydrogen fueled V8 engine. The two companies have teamed up before on other collaborations including a V10 engine used in the Lexus LFA. The performance of this new V8 engine looks to
From at least 1997 to the present manufacturing as a percentage of total US GDP has been falling. But the total output in dollars has been growing. And since 2010 employment in manufacturing has been rising steadily. Employment in manufacturing is clearly not what it used to be in the US but still plays a
US car production has recently dropped to 1.4 million units in June 2021, a low point in a long decline since the 1970s. Competitors around the world have been taking making share and American manufacturers have also been outsourcing production to save money. The chip shortage in recent times has slowed down production further. Read
Global steel production saw a 10.6% decrease in October 2021 compared to October 2020. Steel production in North America was up 16.9% versus October 2020, but Asia Oceania pulled down the index with a 16.6% drop in production compared with October 2020. And the bulk of the Asia Oceania change can from China whose production
Read Full Story on Bloomberg Forklift batteries are transitioning from lead acid to lithium ion. As production in North America increases prices for lithium ion batteries should drop and adoption will grow. Electric vehicle lithium ion battery production should be a good indicator of what’s coming down the road for forklift batteries.