Doosan Bobcat

Doosan Bobcat Brings AI Out of the Cloud and Onto the Jobsite at CES 2026

Doosan Bobcat Inc., a Doosan Group company and a leading global equipment manufacturer, will unveil a series of groundbreaking technologies at CES 2026 that bring artificial intelligence out of the cloud and onto the jobsite, delivering smarter, more intuitive equipment designed to simplify the operator experience.
As the construction industry faces major shifts, Bobcat is solving against three critical challenges to support the future of work:
• Transitions in the construction industry workforce
• Inconvenient equipment downtime
• Increasing jobsite complexity
At CES, Bobcat will preview innovations built specifically to address these priorities with accessible, human-first design.
Making Machines Easier to Operate
The industry is at a critical inflection point: 41% of the U.S. construction workforce is expected to retire by 2031*, taking decades of expertise with them. Bobcat will introduce AI-driven capabilities intended to simplify equipment operation for the next generation of workers. These advancements will deliver real-time guidance and simplify complex tasks for novice operators, while helping experienced operators boost productivity and enhance precision.
Diagnosing and Fixing Machines Faster
Equipment downtime slows progress and reduces productivity—especially for owners relying on a single machine to complete the job. Bobcat will showcase an AI-powered innovation that accelerates diagnostics and troubleshooting by giving technicians fast access to machine insights, historical repair knowledge and guided support, helping keep equipment up and running and jobs moving forward.
Enhancing Jobsite Awareness
Modern jobsites are becoming increasingly complex. Bobcat will preview radar technology designed to aid operator awareness, detect hazards and help the operator address collision risks through real-time monitoring and interventions.
In addition to these AI-driven advancements, Bobcat will also debut:
• A next-generation operator display experience that integrates essential jobsite information directly into the operator’s field of view
• A forward-looking concept machine
• A rugged, stackable electric power system for compact equipment
Together, these technologies represent Bobcat’s vision for bringing AI and next-generation intelligence to where it matters most: on the ground, in the machine and in the hands of the people doing the work.
Full details and demonstrations will be revealed during Bobcat’s CES Media Days press conference on Jan. 5 at 2 p.m. in Mandalay Bay I, with immersive experiences available in the Doosan booth at the Las Vegas Convention Center, West Hall 5840.

2025-12-12

Doosan Bobcat Q3 Profit Rises as Demand Rebounds in Key Markets

Doosan Bobcat reported on the 30th that third-quarter revenue rose 17.1% from a year earlier to USD 1.529 billion, while operating profit increased 6.7% to USD 98 million. Net profit increased 27.5% to USD 60 million, driven by improved performance and a one-off corporate tax refund.
Growth was led by recovering demand in North America and Europe, along with a favorable base effect from last year. Revenue in North America rose 17%, while the Europe, Middle East, and Africa (EMEA) region also grew 16%. Revenue in Asia, Latin America, and Oceania (ALAO) fell 9% due to weaker demand.
By segment, Compact Equipment revenue grew 20%, supported by base effects. Portable Power rose 16%, while Material Handling decreased 9%.
Net cash increased by USD 141 million from the end of last year, reflecting continued strong cash flow generation.
Additionally, Doosan Bobcat declared a quarterly dividend of KRW 400 per share, maintaining its shareholder return policy of a minimum annual dividend of KRW 1,600 per share.

2025-10-30

Doosan Bobcat Engages in Global Community Service Across 12 Countries

Doosan Bobcat is reinforcing its commitment to corporate social responsibility through community engagement across the globe.

Doosan Bobcat announced on the 26th that it is launching its global community engagement program, ‘Doosan Bobcat Community Days’. This year, more than 700 employees from 12 countries—including Korea, the United States, the Czech Republic, France, China, India, the UAE, and South Africa—are participating in activities aimed at enhancing local community welfare.

In Korea, more than 100 employees took part in a diverse range of volunteer efforts. On September 25, 50 employees from the Seongnam headquarters contributed to biodiversity preservation at Geumto Mountain through eco-exploration activities. At Incheon, where the forklift plant is located, 40 employees visited Boramae Children’s Center to assist with facility maintenance. Doosan Mottrol—which became part of Doosan Bobcat last year—dispatched 20 employees in Changwon to clean storm drains in Seongsan-gu.


Similar activities were carried out overseas at over 20 sites. Local employees engaged in initiatives such as pallet upcycling, removing invasive species, and protecting marine ecosystems. In certain regions, Doosan Bobcat’s equipment—including loaders and excavators—were utilized to boost the efficiency of volunteer activities such as stump and rock removal, playground and park trail construction, baseball field maintenance, and tree planting.
“Doosan Bobcat Community Days is a meaningful opportunity to strengthen our connection with the communities where we live and work.” said Scott Park, CEO and Vice Chairman of Doosan Bobcat. “Our employees will continue to build on these efforts, starting with small actions that will ultimately contribute to a more sustainable future,” added Park.

2025-09-26

Doosan Bobcat Opens ‘eFORCE LAB.’ Battery Pack R&D Center, Accelerating Modular Battery Pack Development

Doosan Bobcat announced on August 27 that it has officially launched eFORCE LAB., a dedicated battery pack research and development (R&D) center focused on advancing next-generation electrification technologies for construction and other compact equipment. This effort marks a significant step toward the development of standardized, modular battery packs.
Opened on August 26, the new center is located in Indeokwon, Anyang-si, Gyeonggi Province, South Korea. It will serve as a hub for testing and developing core battery pack technologies designed to meet the demands of electrified construction equipment.
The name eFORCE LAB. combines the “e” from electrification, energy and eco-friendly with "Force," symbolizing the center’s mission to pioneer cutting-edge energy technologies for electrified equipment.
The inauguration event was attended by key leadership, including Scott Park, CEO and Vice Chairman of Doosan Bobcat; Hyungwon (HW) Park, President of Doosan Bobcat ALAO; and other global company executives. Together, they unveiled the vision for establishing eFORCE LAB. as a global R&D hub for battery pack innovation.

Since laying the groundwork for its battery pack business in 2023, Doosan Bobcat successfully deployed its in-house developed LFP (Lithium Iron Phosphate) battery packs on Bobcat forklifts in late 2024. Over 100 units powered by these LFP battery packs have been shipped, marking initial success of the company’s commercialization efforts.
The first official research project at eFORCE LAB. is the development of the Bobcat Standard Unit Pack (BSUP), a modular, next-generation battery pack solution for construction and material handling equipment. Designed like building blocks, BSUP allows users to expand battery capacity by stacking modular units. This solution will debut in forklifts and later extend to compact loaders, excavators and other Doosan Bobcat products.

Scott Park emphasized, “Electrification is an inevitable future—it's a transformation already underway in the construction industry. With eFORCE LAB. as our global R&D hub, we’re engineering solutions optimized for the challenging environments construction equipment operates in, defining new standards in the industry.”
Doosan Bobcat has invested in a vertical integration strategy to enhance product quality and strengthen supply resilience. In October 2024, the company acquired Doosan Mottrol to internalize the production of hydraulic components, key drivetrain elements for diesel-powered equipment. With proprietary battery pack technology within its business operations, Doosan Bobcat is equipped to address both traditional internal combustion and electrification equipment.

2025-08-27

Doosan Bobcat Reports Q2 Operating Profit of $145 Million

Doosan Bobcat announced on July 25th that its operating profit for the second quarter fell 16.3% year-over-year to $145 million. Revenue totaled $1.567 billion, marking a 3.8% decrease compared to the same period last year.
Doosan Bobcat identified inventory adjustments in advanced markets as the main reason for the decline in performance. The company explained that, while market demand remained similar to the previous year, it proactively reduced field inventory in preparation for uncertainties, such as tariffs.
However, compared to the previous quarter, revenue increased by 8.5%, and operating profit rose by 5.6%. Notably, operating profit has rebounded for three consecutive quarters since hitting a low in Q3 last year.
Breaking down sales by product category, the company reported decreases of 6% in Compact Equipment and 9% in Material Handling year-over-year. Conversely, Portable Power posted 4% growth, supported by increased sales of mobile generators. By region, revenue dropped by 5% in North America, 6% in Europe, the Middle East, and Africa (EMEA), and 10% in Asia, Latin America and Oceania (ALAO).
Doosan Bobcat maintained a solid financial position. Despite cash outflows of $184 million due to dividend payouts and share buybacks and cancellations, net cash rose by $82 million from the end of last year, reaching $115 million.
Additionally, Doosan Bobcat announced its Q2 dividend at 400 KRW per share. Starting this year, the company has transitioned from a semiannual dividend schedule to quarterly payouts, aiming to enhance investment stability.

2025-07-25