LiuGong chairman: why new tech will lead to fewer construction equipment OEMs

Andy Brown and Neil Gerrard

11 July 2023

The 856H-E Max is powered by a 432-kWh large-capacity lithium-ion phosphate battery. (Photo: LiuGong)

The construction equipment market is set to undergo huge change over the next 5-10 years and an acceleration in new technologies will see bigger players squeeze out smaller rivals.

That’s according to Zeng Guang’an, chairman of…

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