Komatsu To Expand Autonomous Truck Operation in Brazil

Year: 2021

2021-10-23

Komatsu To Expand Autonomous Truck Operation in Brazil

In line with global trends of automatization, Komatsu is expanding its autonomous Truck operation in Brazil. It already has six trucks operating in the mining complex of Carajás (PA) and other four trucks will be introduced this year. Komatsu says the autonomous driving technology brings 40% savings on tires and brakes, 13% on overall maintenance and 15% on productivity, considering the elimination of stops for driver changing and rest.

Source: M&T    Read The Article

PSR Analysis: Carajás is the biggest mining complex in the world. It makes sense that the leading edge of the technology is being used here. These trucks are a reality, and they will progressively replace trucks driven by people in the next few years in mining complexes such as Carajas and other big ones in Brazil and South America. PSR

Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research

Volvo Builds Loader with Fossil-Free Steel

Christopher Bamforth
Christopher Bamforth

Volvo Group and SSAB have unveiled an autonomous loader made of fossil-free steel, claimed to be the world’s first vehicle made from that material. Manufactured at Volvo Construction Equipment’s facility in Braås, Sweden, this is said to be “just the start” as a few more will be produced in 2022 with mass production set to follow.

This machine is a load carrier for use in mining and quarrying and is built using a new fossil-free steel from SSAB. Volvo’s CEO Martin Lundstedt has already said that this new machine is a first step in incorporating this new steel in all of their products and components to help reach their goal of being completely carbon neutral by 2040.

Along with the electrification of its vehicles and machines, Volvo adds that it is determined to reduce the carbon footprint of its entire supply chain and this latest innovation is one step forward on this path.

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Strong Growth Will Continue into 2022-23

Yosyf Sheremeta
Yosyf Sheremeta

The third quarter of 2021 brought steady economic activities and strong economic recovery in North America.  Despite this strong economic recovery, many existing and new challenges developed.  Pandemic-related supply chain disruptions, logistics backlogs, shortages within semiconductor products and new virus re-problems, labor market issues (shortages across service industry as well as skilled labor)- have contributed to slower growth in Q3 2021 than previously expected. 

With the help of government support and targeted fiscal policies, the US economy is showing a strong comeback in 2021.  Furthermore, it is on a positive trajectory to continue to grow in the next few years.  There are many reasons for us to be optimistic about this trend.  Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation.  In our previous forecasts, we discussed recovery trends for the post-pandemic period, and we called for a return of demand for most markets in 2021, especially during H2 2021.  

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Q3 2021 Truck Production Index (PSR-TPI) Falls 10.7%

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St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) dropped from 131 to 117, or 10.7%, for the three-month period ended Sept. 30, 2021, from Q2 2021. The year-over-year (Q3 2020 to Q3 2021) loss for the PSR-TPI was 141 to 117, or 17%.

Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.  Chinese heavy truck demand is expected to decline this year primarily due to the implementation of the China VI emission regulations that adds cost to the vehicles but no significant improvement in fuel economy.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research. PSR

Jim Downey is Vice President-Global Data Products, and Chris Fisher is Senior Commercial Vehicle Analyst at Power Systems Research.

2021-10-20

Russia Economic Outlook – October 2021

Maxim Sakov
Maxim Sakov

Market Consultant Russia

Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q3 2021 economic outlook for Russia in this episode of PSR PowerTALK.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06 Emiliano Marzoli

Hello everyone. From Power Systems Research, I’m your host, Emiliano Marzoli, editor of PSR PowerTALK. And today we’ll discuss the economic outlook for Russia with Maxim Sakov, our market consultant in Moscow.

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2021-10-12

DATAPOINT: 2021 NA Motorcycle Production

Today Joe Delmont presents the 2021 forecast for Motorcycle production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss a datapoint covering 2021 North American production of on-road motorcycles.

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2021-10-05

Q3 2021 European Economic Outlook

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In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his Q3 2021 outlook for the European economy.

Transcript 

Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 

00:00:06 Emiliano Marzoli 

From Power Systems Research I am Emiliano Marzoli, editor of PSR PowerTalk, and today we’ll discuss an update on the economic outlook for Europe with Christopher Bamforth, our European Market Analyst. 

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2021-10-03

Second Wave of COVID-19 Hits India Commercial Vehicle Market

Motorindia-May_2021Download
Aditya Kondejkar

The second wave of COVID-19 has put the brakes on a rebound in India’s commercial vehicle market, reports Aditya Kondejkar, Power Systems Research Analyst for South Asia Operations, in the May 2021 issue of Motorindia magazine.

Kondejkar notes that the second wave of the pandemic has caused shortages of semiconductors and steel as well as weaker consumer demand. These forces have pushed commercial vehicle production down nearly 60% month-on-month (MoM) in April.

Kondejkar points out that the India CV market witnessed a strong performance in 2018 with more than 1.13 million
units produced, owing in large part to GST implementation and replacement demand. In 2019, however, the Indian CV market began shrinking as it faced headwinds from revised axle load norms, vehicle over-capacity, BS-VI transition, and a liquidity crunch.

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2021-09-28

DATAPOINT: 2021 Tactical Military Vehicles

Today Joe Delmont presents the 2021 forecast for Tactical Military Equipment production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.

Today we’ll discuss a datapoint covering 2021 North American production of tactical military equipment.

Read More»

2021-09-26

Mercedes Announces BEV Bus for Brazil

Fabio Ferraresi
Fabio Ferraresi

Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact on the population.

One of the key drivers for this launch is the new legislation for São Paulo city that aims to convert 50% of the fleet to electric by 2027. This means 7,000 electric buses will be sold by 2027. Sales forecast starts with 50 to 150 units by 2022.

Source: Automotive Business     Read The Article

PSR Analysis: With new legislation, OEMs rush for e-bus chassis launch to keep market share. Meanwhile, BYD celebrates the opportunity to grow with the lack of competitors, but it needs an improved in business model and strategic aspects to grow. PSR

Fabio Ferraresi is Director-Business Development, South America, for Power Systems Research