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Two Blokes Fri at 11:45 AM -
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Key players like XCMG are boosting investments, while Tesla's gigafactory in Santa Catarina utilizes construction machinery, including crawler excavators. Medium-sized and 60-100 HP excavators dominate due to infrastructure investments. The push for sustainable, electric solutions and modern technologies like AI and IoT drive demand. Notably, public and transport infrastructure investments fuel market growth despite high costs and labor challenges. Key players like XCMG are boosting investments, while Tesla's gigafactory in Santa Catarina utilizes construction machinery, including crawler excavators. Medium-sized and 60-100 HP excavators dominate due to infrastructure investments. The push for sustainable, electric solutions and modern technologies like AI and IoT drive demand. Notably, public and transport infrastructure investments fuel market growth despite high costs and labor challenges.