The companies signed an MoU at the CES Show event. Credit: CNH Industrial.

CNH and HD Hyundai have announced plans to further expand their partnership with the establishment of a joint research centre in the US.  

The companies signed a memorandum of understanding (MoU) at the CES Show event in Las Vegas, Nevada, which was signed by CNH Construction president Stefano Pampalone and HD Hyundai XiteSolution (HDX) CEO and president Young-Cheul Cho.  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

HDX is the controlling company of HD Hyundai Construction Equipment and HD Hyundai Infracore. 

Pampalone said: “We are excited to expand our collaboration with HDX. This joint effort will strengthen our commitment to growing CNH’s construction business and position both our companies as tech authorities in the industry.” 

The new CE Innovation Lab will focus on accelerating the development of technologies for the construction industry. 

See Also:

The collaboration aims to combine CNH and HDX’s experience in construction, leveraging their strengths to enhance customer offerings. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The CE Innovation Lab will include a team of CNH and HDX construction specialists who will research emerging technology trends and identify opportunities for portfolio enhancements.

The partnership is set to further the development of technologies such as automation and AI and their adoption. 

As part of the agreement, HDX will provide its patented AAVM+ 360-degree camera and radar system, which offers enhanced safety features, to CNH.  

Meanwhile, CNH will offer its Global Navigation Satellite System technologies, via its Hemisphere brand, to HDX.  

The two companies say they intend to expand their joint efforts within the research centre in the future.  

Young-Cheul said: “It is highly encouraging that our partnership has extended beyond our product collaboration to include future technologies, a crucial factor to remain at the forefront of the construction equipment market.”