Search Results for: psr-donates-2500-fund-stem-scholarship-program
Samuel Libaire Wins Power Systems Research $2,500 Eagan Scholarship
Samuel Libaire, a senior at Eagan High School, Eagan, Minnesota, has received the 2020 Power Systems Research $2,500 academic scholarship.
He will use the scholarship to study Computer Science at Vanderbilt University.
“My favorite subject is computer science,” says Samuel. “It is one of the only subjects that can have multiple solutions to a single problem while also proving instantly that some don’t work. In many sciences, theories are never 100% true, but in computer science, a program either works perfectly or it simply doesn’t.”
Thuy Trinh Nguyen Wins $2,000 Scholarship from Power Systems Research
Thuy Trinh Nguyen, a senior at Eagan High School, Eagan, Minnesota, is the recipient of the 2021 Power Systems Research $2,000 academic scholarship. This scholarship is awarded to a student who will be attending a four-year college with a career objective in Science, Technology, Engineering or Mathematics.
She will use the scholarship to study biology and sociology (Pre-Med) at Harvard College.
“My favorite subject,” says Thuy, “is AP Physics–it not only taught me how to calculate my initial velocity, but also helps me recognize the fundamentals of life. Everything is organized with a plan.”
Thuy’s favorite pastime is shopping for the best deals at the Mall of America, and never being tired of shopping. (“Sorry, Dad!”) She also enjoys watching One Direction music videos and crocheting.
Her favorite high school memory: “After the Chemistry finals for Trimester 2, Mr. Elliott somehow allowed me to make ramen in his class. It certainly made up for the headache I got from balancing chemical equations.”
This year, 112 students will receive scholarships totaling $129,950 through the program.
Power Systems Research has been supporting high school science and engineering programs for many years. It has been donating to the Eagan Foundation Scholarship program since 2013.
Another program PSR funds is the Experimental Vehicle Team at St. Thomas Academy in suburban St. Paul, Minnesota. The school successfully competes in international competitions with high schools and universities to build the most energy efficient vehicles. PSR
PSR Awards $2,000 Scholarship
Power Systems Research has awarded a $2,000 scholarship to Erin Kelly, a student at Eagan High School in Eagan, Minnesota. Erin plans to attend the University of Minnesota in Minneapolis, Minn., and study computer engineering.
Erin enjoys reading, writing, playing and listening to music and all things theater and storytelling. She doesn’t really have a favorite school subject because, as she says, “There are so many ways to view the world and love learning about all of them.”
Her favorite high school memory is “seeing everyone on stage during on stage during our recorded concert style production of Les Miserables–in masks and social distancing, it was the first normal thing since the pandemic began.”
Power Systems Research has been supporting high school science and engineering programs for many years. It has been donating to the Eagan Foundation Scholarship program since 2013.
Another program PSR funds is the Experimental Vehicle Team at St. Thomas Academy in suburban St. Paul, Minnesota. The school successfully competes in international competitions with high schools and universities to build the most energy efficient vehicles. PSR
Power Systems Research Funds $2,500 Scholarship
Olivia Funk, a senior at Eastview High School, Eagan, Minnesota, is the recipient of the 2019 Power Systems Research $2,500 academic scholarship.
Companies Support Government Fleet Renewal Program
Gerdau, Vamos and Volkswagen Caminhões have formed a partnership to support the national fleet renewal program, aimed at removing from roads vehicles more than 20 years old.
The fleet renewal program provides for the purchase of low emission and more efficient vehicles by self-employed drivers and other operations. Under the plan, 140 acquired vehicles were sent to Gerdau’s headquarters in Araçariguama, which is responsible for their destruction and recycling.
At the same time, an extension for the incentives program of up to 1 Billion Reais, (US$ 200 M) was announced.
Source: G1 Read The Article
PSR Analysis: The total of resources and mechanisms to allow the access to the resources still are not sufficient for the program to impact the market significantly. However, the small inroads demonstrate the desire of Government and private entities to make changes and should impact the market going forward. More deployments and adjustments in the program should come in the medium term. We will keep monitoring and adjusting our short-medium term forecast as it progresses. PSR
Fabio Ferraresi is Director-Business Development South America for Power Systems Research
Fleet Renewal Program Goes Live in Brazil
BRAZIL REPORT
The Brazil Government has published a law starting the Truck and Buses Scrappage Policy, aiming to renew fleets, increase productivity and efficiency, reduce emissions and improve safety. Depending on the effectiveness of the program, it may affect the MHV market. See complete article translated in our webpage and the original from Automotive Business.
Source: Automotive Business Read The Article
PSR Analysis: The launch of the Renovar program is a positive sign on the path of improving safety, logistics efficiency and environmental impact for Brazil, with genuine and relevant objectives.
Because it is a voluntary program, operating in phases, with regulations and parameters yet to be defined, it is too early to project the effectiveness and impact on the vehicle market.
We believe that Brazil still needs broader legislation for a long-term program with a gradual and geographically differentiated process to restrict the movement of older, less safe trucks and buses with lower efficiency and higher emission levels. Fleet owners, autonomous carriers, OEMs and the entire production chain need predictability for long-term planning to prepare for and assure feasibility for a broad and scheduled fleet renewal. PSR
By Fabio Ferraresi, Director Business Development South America, for Power Systems Research
Brazil Moves Forward on Truck Fleet Renewal Program
BRAZIL/SOUTH AMERICA REPORT
In December 2022, the Brazilian Government published regulations for the Fleet Renewal Program authorized by the law that was published in H1 2022. Under this regulation, truck owners may receive the old truck market value from companies in the Oil and Gas exploration chain, provided that they prove the truck was taken out of circulation, disassembly and recycled. The program is voluntary, both for owners selling the old truck and for O&G companies designating resources for the program in exchange for a reduction of duties on O&G exploration contracts.
Source: M&T Read The Article
PSR Analysis. Preliminary analysis suggests the program won’t be very effective, since significant recycling and paperwork efforts are required to sell the old truck at market prices. It seems this is a regulation published to show environmental efforts, but one that will have limited effectiveness. No impact is seen in the Truck Market now unless market conditions change drastically. PSR
Fabio Ferraresi is Director Business Development-South America for Power Systems Research
Thai Incentive Program to Promote EVs, Starting in 2022
SOUTHEAST ASIA: THAILAND REPORT
The Thai government plans to introduce an incentive program to promote EVs starting in 2022. The program will focus on providing subsidies to lower sales prices and reducing excise and import taxes. Automakers taking advantage of the program will be required to produce EVs locally from 2024 onward.
According to local media, the subsidy is 70,000 to 150,000 baht per vehicle, depending on the model and battery capacity. The excise tax on purchases will be reduced from the current 8% to 2%. Import duties will be reduced by 20-40% depending on battery capacity and sales price. The current maximum tariff rate is 80%, but the trade agreement will impose no tariff on Chinese-made products and 20% on Japanese-made products. Japanese-made products are also expected to be tariff-free if they meet the conditions. The current sales prices of imported cars vary from about 1 million baht for EVs from China’s SAIC Motor Group and Great Wall Motor to about 1.5 million baht for Nissan Motor’s LEAF at campaign prices.
Brazil’s School Bus Program Postponed
Initially scheduled to begin Sept. 12, 2023, the auction of the federal program “Caminhos da Escola” was postponed indefinitely. A new date has not been set. The new stage, which provides for the purchase of 163,000 buses was eagerly awaited by chassis and body manufacturers, would have been delayed until 2024 because of the time needed for the production.
The reason is technical: according to the bidding notice published at the end of last month, important chassis manufacturers as Volvo and Merecedes would be excluded from the bidding process due to new certification demanded.
