CHANGSHA, China, Sept. 30, 2024 /PRNewswire/ -- On September 27, 2024, Zoomlion rolled out ZTE520, the world's largest hybrid electric drive mining truck, from its intelligent production line, marking a monumental advancement in mining technology.
With dimensions exceeding nine meters in width and seven meters in height, this truck boasts a payload capacity of 300 tons and a maximum total weight of over 520 tons. Equipped with a cutting-edge hybrid power system that combines a 16-cylinder, 52-liter, 2100-horsepower diesel engine with the largest hybrid battery in the industry, the ZTE520 outperforms conventional models. Its innovative electric drive and high-torque wheel hub drive system achieve energy savings of up to 15% while maintaining a lifespan of over 60,000 hours, achieving a perfect balance between power and energy efficiency.
The ZTE520 integrates seamlessly with Zoomlion's large mining excavators, making it an ideal solution for large-scale open-pit mining operations with annual production exceeding 30 million tons. This synergy enhances operational efficiency and supports the construction of green mining initiatives. All key components of the ZTE520 are independently developed and manufactured by Zoomlion, ensuring supply chain stability and significantly reducing user costs.
Yuan Ye, assistant president of Zoomlion, emphasized the significance of this launch, stating, "The ZTE520 reflects our unwavering commitment to continuous technological innovation. It not only showcases our breakthroughs in the global market but also enhances operational efficiency and lowers costs for our clients. This advancement is pivotal in supporting the sustainable development of the mining industry."
The launch event was attended by over 200 guests, including key executives such as Huang Qun, vice president of Zoomlion; Yuan Ye, assistant president of Zoomlion; and Liu Haitao, deputy general manager of CRRC Zhuzhou Institute.
As Zoomlion continues to push the boundaries of innovation, it remains dedicated to providing high-end, integrated mining equipment solutions. With the launch of the ZTE520, Zoomlion reinforces its position in the high-end mining equipment market and demonstrates its commitment to sustainable and high-quality development in advanced equipment manufacturing.
About Zoomlion
Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services. The company now sells more than 600 cutting-edge products from 55 product lines covering ten significant categories. For more information, please visit Zoomlion's website.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Zoomlion Launches World's Largest Hybrid Electric Drive Mining Truck, Setting New Benchmarks for Efficiency and Sustainability
Investment boosts job creation and advanced manufacturing capabilities in the region
LUBUMBASHI, Democratic Republic of the Congo, Oct. 1, 2024 /PRNewswire/ -- Varun Beverages, one of the largest franchisees of PepsiCo in the world, has announced a USD 50 million investment in a state-of-the-art Pepsi production facility in Kiswishi City, the first private Special Economic Zone (SEZ) in the Democratic Republic of the Congo (DRC). The plant – one of the largest consumer-focused foreign direct investments (FDI) in DRC history – will create thousands of jobs and expand the brands of New York-based PepsiCo in the fast-growing African country.
The Pepsi beverage facility will be developed on 15 hectares (37 acres) of land at Kiswishi City SEZ, along the N1 Highway, with easy access to the Lubumbashi's rapidly expanding population, the Haut-Katanga Province and beyond. Kiswishi is strategically positioned to enhance logistical efficiencies and economic development across the region, a growth engine for PepsiCo and Varun Beverages.
"Varun's expansion will meet the rising demand for Pepsi beverages in DRC and support our long-term growth trajectory in Africa," said Ravi Kant Jaipuria, Chaiman of Varun Beverages. "Our investment in Kiswishi City SEZ exemplifies our confidence in Congolese consumers and commitment to sustainable manufacturing."
Backed by American, New Zealand, British and Norwegian investors, Kiswishi City SEZ is a project by Rendeavour, Africa's largest new city builder, whose mixed-use cities in Kenya, Nigeria, Ghana and Zambia have catalysed billions of dollars in foreign and domestic investment, along with tens of thousands of jobs for young Africans.
"We are delighted to welcome Varun Beverages and Pepsi to Kiswishi City SEZ, which will create thousands of job opportunities and bolster the economic landscape of the Haut-Katanga province," said Yannick Kitambo, Director of Operations, Kiswishi City SEZ. "This investment is a testament to our commitment to make Kiswishi the most attractive destination for FDI in DRC. With its secure and predictable business environment, Kiswishi is an engine for growth in the Democratic Republic of Congo."
Kitambo credited the Special Economic Zones Authority and Ministry of Industry for creating a conducive investment environment through the country's reliable SEZ framework. Other businesses at Kiswishi City SEZ include Congo Petrol and Queen Energy. Phase one of Kiswishi's residential estate, Kimia, is 95% sold out.
Kitambo added: "Due to the professional support of the Government of DRC, particularly the President's office, the Ministry of Industry, and its Special Economic Zone Agency, we expect further foreign direct investment in DRC, which will help drive socioeconomic development in the country."
About Varun Beverages Limited (www.varunbeverages.com)
Varun Beverages Limited is one of the largest franchise bottler globally of PepsiCo beverages. The company operates in multiple regions across Asia and Africa, encompassing an extensive portfolio of carbonated and non-carbonated beverages. Varun Beverages entered Africa in 2007 when it acquired the PepsiCo franchise in Mozambique. Since then, it has expanded operations into Zambia, Morocco, Zimbabwe, South Africa and more recently, the Democratic Republic of Congo, where it has already commissioned a Pepsi production facility at Maluku SEZ near Kinshasa.
About Rendeavour (www.rendeavour.com)
Rendeavour is the largest new city builder in Africa. Backed by American, Norwegian, New Zealand and British investors, Rendeavour's cities are among the largest construction projects in Africa and hubs for businesses, homes, education and recreation within a infrastructure-ready economic zones.
Current development at Rendeavour is valued at more than $5 billion, with 150 businesses, schools educating more than 6,000 students and 10,000 mixed-income homes occupied or under development.
Rendeavour has created more than 50,000 jobs in the last five years, including the largest call center in East Africa, staffed by 5,000 young Kenyans serving major American customers like United Airlines, JetBlue and Amazon. A further 4,000 call center jobs are confirmed by 2026.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Varun Beverages DRC Announces USD 50 Million Pepsi Production Facility at Rendeavour's Kiswishi City Special Economic Zone
