Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag
Published in Automotive Business, August, 26, 2020
1. INTRODUCTION
The use of diesel in Commercial Vehicles and its alternatives has been studied and discussed globally over the past two decades. We have updated future trends annually based on the new platforms in our data and new models in development allowing us a 10-year horizon. In August 2019 we published an article on the subject for Automotive Business Brazil, which is now updating.
In the 2019 article we said that fossil diesel propulsion for commercial vehicles would be exposed to several alternatives and therefore the 20s decade would be a decade of significant changes, justifying yearly monitoring of the subject.
This whole range of studies was then impacted by COVID-19, a new event at the beginning of this decade that is another factor of change in this complex subject.
There is a recent report from the Washington Post with a scary title: “EV Battery Recycling Has Boomed Too Soon.” There aren’t enough used electric vehicle batteries to meet even 10% of the raw material demand for electric vehicles made in the US, the Washington Post says.
Meanwhile, the US already has more battery recycling capacity than it has batteries available to recycle, with more public and private battery recycling facilities planned or under construction. The Post concludes its report with this pithy statement: “Many of these investments are destined to fail. Those few that succeed will do so only by diversifying away from recycling, at least temporarily.”
Under its new Five Year Plan, Beijing will expand restriction on the use of vehicles entering Beijing. At the same time, Beijing will restrict the use of China III diesel trucks and will implement regional traffic restrictions during peak hours of working days, strengthen the management of illegal electric three and four wheeled vehicles, and implement a preferential traffic policy for new energy logistics and distribution vehicles.
The Five Year Plan also calls for the promotion of low-carbon new energy transportation tools, and the promotion of “oil for electricity” of vehicles in public transport, rental (including cruise and online appointment), tourism and freight transportation.
Today, 69,000 diesel trucks have been eliminated in Beijing, and the proportion of clean energy and new energy vehicles in public transportation has reached 90.2%. Beijing plans to accelerate the promotion of new energy intelligent vehicle technology and cost reductions in many applications.
Power Systems Research analyzes markets of trucks, buses, agricultural and construction machines
The overall slump in production and sales of heavy commercial vehicles (trucks and buses) as well as for agricultural and construction machines should last throughout this year; these segments won’t recover until 2021. PSR
On Dec. 29, 2020, the Ministry of ecology and environment announced that Dec. 1, 2022, all off-road mobile machines below 560kw (including 560kw) produced, imported and sold and their diesel engines installed shall meet the requirements of the Chinese IV emission standard.
The implementation time of Chinese IV emission of off-road mobile machinery above 560kw and its installed diesel engines will be announced separately.
In 2022, due to adverse factors at home and abroad, enterprises in the industry will generally face market pressure. In order to better switch the upgrading of Chinese IV emission standards from the aspects of supply chain and industrial chain, steadily promote the implementation of Chinese IV emission standards, reduce the operating pressure of enterprises, and maintain the stable and sustainable development of the industry, the Association recently submitted the “request for instructions on the implementation time delay of Chinese IV emission standards for off- road mobile construction machinery” to the atmospheric environment department of the Ministry of ecological environment according to the policy advice and suggestions of enterprises on Chinese IV emission, It is suggested that the conversion time of the whole machine products with the national three emission standards for construction machinery to the national four emission standards be postponed from December 1, 2022 to April 1, 2023. Regarding the application submitted by the association to the Ministry of ecology and environment for “postponing the implementation time of the ‘National four’ emission standard for off-road mobile construction machinery”, the Association received a clear reply: it will not be further extended! Therefore, the “national four” emission standards for off-road mobile machinery will be switched as scheduled from December 1, 2022.
Source: Sohu Read The Article
Southeast Asia’s infrastructure development has begun to stall. China, which has been supporting the project, has been unable to proceed with its Belt and Road initiative for a broad economic zone due to restrictions on movement caused by the new coronavirus.
Southeast Asian countries also are prioritizing infection control and curbing the funds and human resources they invest in development. A major delay in the construction of infrastructure, which is the foundation of growth, could force foreign investors to reconsider their investment plans.
In Indonesia, work on a high-speed railway (about 140 kilometers) linking the capital Jakarta with the major city of Bandung was recently halted. The project is financed by a Chinese bank, and the state-owned company is involved in the construction. The opening is expected to be postponed from the scheduled 2021.
SUMMARY: In this article we provide a global overview on a regional basis of the medium and heavy commercial vehicle market (GVWR > 6 MT’s) along with current trends and OEM happenings in North America.
NORTH AMERICA. MHCV production in North America is expected to decline by 35% in 2020 compared to 2019. However, orders for class 8 trucks improved significantly in Q4 2020 as large fleets placed their orders for a 2021 build. This appears to signal an improvement in demand for 2021 as the market aligns itself with the expected freight level moving forward. The consumer segment was strong during the last half of the year and the industrial segment is now expected to improve, as well.
SUMMARY. As we are halfway through 2023, there is more uncertainty with the economy than earlier in the year. The general consensus is there will be a recession coming soon in the United States, and now it is just a matter of whether this will happen later in 2023 or the first of part of 2024.
The latter may be more assumed recently. The stock market has not fallen, and the US economy has not entered a recession this year, 2023. Some of the factors that have prevented this are market investors being enthusiastic over AI (Artificial Intelligence) potential, the Federal Reserve’s pause in interest rate increases, and the slowdown of inflation. So seemingly the pause button has been hit on recession scenarios.
OEM Off-Highway recently interviewed Power Systems’ Chris Fisher for their OEM Industry Update podcast. Here we present it with their permission
This week on OEM Industry Update we speak with Chris Fisher, Senior Commercial Vehicle Analyst, Power Systems Research, about the current state of the North American commercial vehicle market. He says truck demand continues to be strong and is expected to remain so through 2022 and possibly even into 2023. Inventory stocking and solid growth in single family housing are among the factors positively impacting the market.
Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.
00:13 Sarah Jensen:
Welcome to OEM Industry Update; a weekly podcast examining the latest news and technology trends impacting product development teams and the heavy-duty on and off highway equipment Industries. I’m Sarah Jensen, editor of OEM Off Highway and in this week’s episode I’ll be speaking with Chris Fisher, Senior Commercial Vehicle Analyst at Power Systems Research, about the current state of the North American commercial vehicle market. Let’s take a listen now:
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