Ashtead Group Results Presentation Deck
CASE STUDY OF PARTNERING IN INNOVATION
OUR SCALE, RESOURCE AND INTELLECTUAL CAPITAL IS A CAPABLE AND NECESSARY CONTRIBUTOR
17X
41
Bobcat
zero emissions
all electric
Joel Honeyman, VP of Global Innovation, Doosan Bobcat Inc.
Brent Coffey, Director of Product Lines, Sunbelt Rentals
SUNBELT
Full year results | 30 April 2022
▪ Partnership with Bobcat Company in the production and
launch of the world's first fully electric compact track loader
■
Extensive collaboration in concept, testing, customer
acceptance and calibration
▪ Internal combustion engine driven compact loaders are a
staple product in the equipment industry with c. 100,000
units sold into North America every year
▪ Current engine driven market is c. 30% rental penetrated
▪ Sunbelt has secured the purchase of two-thirds of the first
year's all electric production
Electrification will increase future rental penetration across
many product groups
Ashtead
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