IN THIS ISSUE

ALTERNATIVE POWER REPORT

• VW Employment “Earthquake” Hits Germany
• Europeans Unveil Solid-state Battery with 1,070 Wh/L Energy Density
• Your EV May Fall Apart Before Its Battery Pack Does
• Hydrogen Fuel Technology May Be Falling Behind

TRUCK PRODUCTION INDEX: Q3 2024 Truck Production drops 8.9%

DATAPOINT: 2024 NA Crane Production

SHOW REPORT: Electric Boats Highlight 2024 Cannes Yacht Festival
BRAZIL/SOUTH AMERICA:

• Brazil Set To Start First Natural Gas Truck Corridor
• Randon Brazil Delivers First Semi-Trailer with Electric Drive System

JAPAN: Ammonia-fueled Tugboat Completed
SouthEAST ASIA: AEC Discusses New Goals as Markets Integrate
CHINA:: EU Reportedly Votes Tariff Hikes on Chinese EVs
INDIA: Electric Tractors: The Future of Sustainable Agriculture

In This Issue

Alternative Power Report:

• Fast Charging Gets Faster in LFP Batteries
• Revolutionary Battery Made from Stone Could Transform Electric Cars
• Is New Silicon EV Battery From CalTech Spinoff The Best Thing Ever?
• China’s Restrictions on Antimony Could Force Shortfall

Global:

• Volvo To Launch Hydrogen Powered Trucks
• E-Bike Market Hits US$38.2 Billion

DataPoint: 2024 North America Light Plant Production
Europe: Electric Boats Popular at Cannes Yachting Festival
Brazil/South America:

• Columbia Resumes Taxing Vehicles Imported from Brazil
• Tata Negotiates for Production Plant in Brazil

Japan: Yanmar Acquires CLASS india, a Combine Manufacturer
South Korea: Hyundai Motor To Double Number of Hybrid Models
Malaysia: Jan-Jun 2024 Car Sales Gain Ground
China: Yuchai, Kim Long Motor Vietnam Sign Agreement
India: Rural Recovery Drives Surge in Auto Demand

In This Issue

Alternative Power Report:

• Safe, Long-Cyclable Lithium Battery Tested
• Toyota Mirai Drivers Sue Automaker
• Wastewater Needed by LFP Battery Supply Chain
• Diesel Demand Drops as EV, Electric Semi Markets Grow

Global: Snowmobile Market Forecast Is $2.42 Billion
North America: Impact of 2024 CARB ACT Truck Sales Regulations
DataPoint: NA Personal Watercraft Production
Europe:

• Deutz and Rolls Royce Engine Deal Approved
• Maersk Investments in Fleet Decarbonization

Brazil/South America:

• Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus
• Heavy Duty Trailers Market Remains High

Japan: Iseki To Move Production to Indonesia
South Korea: Hyundai Motor Lists Subsidiary in India
Indonesia: Moves To Cut Chinese Ownership of Nickel Projects
China: BYD Plans Factory in Turkey
India: Rising Inventory Levels Challenge Auto Dealers

IN THIS ISSUE

ALTERNATIVE POWER REPORT:

• EV Sales Are Headed for Long-Term Growth
• Research Offers Environmentally Friendly Lithium Production
• EU Tariffs Hit Chinese EVs, Draw Reaction from Beijing
• Canada Considers Tariffs on Chinese EVs

GLOBAL:  

• 2024 MHCV Production Expected To Decline by 1.6%
• 2024 Global Motorcycle Market Estimated at $144 Billion

DATAPOINT: NA Scooter Production

EUROPE:

• Belgium Risks Losing Audi Car Production in Brussels
• Electric/Hybrid Marine Event Shows New Technologies

BRAZIL/SOUTH AMERICA:

• Brazil Truck Production Grows Significantly
• Brazil’s Frasle Mobility To Buy Dacomsa for $389 Million

JAPAN: Hitachi Demonstrates Ultra-Large Electric Dump Truck
THAILAND: Honda To Cut Thai Car Production Capacity by 50%
SOUTH KOREA: LG, Hyundai Open Indonesia EV Battery Plant
CHINA: Chinese Joint Venture Begins Battery Plant in Mississippi
INDIA: Bajaj, TVS Enter CNG Two-Wheeler Market

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• China Threatens EU, U.S. with Tariffs Up To 25%
• European Batteries Could Be 60% Less Carbon Intensive Than Chinese
• Diesel Demand Hits 26-Year Low as EV, Hydrogen Sales Boom
• Discovery May Drive Down Cost of Hydrogen Fuel

GLOBAL:  

• Electric MHV Update
• Global Golf Cart Production

DATAPOINT: Global Snowmobile Production          
BRAZIL/SOUTH AMERICA:

• JCB Invests To Double Its Size in Latin America
• Ford To Manufacture Ranger Engines in Argentina

JAPAN: Iseki Develops Large Unmanned Tractor
THAILAND: Suzuki Halts Thai 4-wheel Production
CHINA: Battery Swapping Seen as EV Recharging Solution
INDIA: Hybrid Vehicles Compete With EVs

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Chinese EVs Pile Up in European Ports
• Europe Studies Chinese EV Subsidies
• How Valuable Is Fools Gold?
• Hyundai and Kia Develop Hydrogen Engine

GLOBAL:  

• Volvo To Build Plant in Mexico
• ATV, S&S Market To Hit $22.9 Billion

DATAPOINT: North America Skid Steer Loader Production  

EUROPE: World Hydrogen Summit Report
BRAZIL/SOUTH AMERICA:

• Storms Batter Brazilian OEMs
• Agrishow 2024 Report

JAPAN: Komatsu Develops Mobile Hydrogen Generator
South Korea: Kia To Double Hybrid Sales
Thailand: Malaysia Overtakes Thailand in New Vehicle Sales
CHINA: Bosch China Sets Up Commercial Vehicle Group
INDIA: Kubota Sees India as Global Production Hub
PSR

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Are Sodium Ion Batteries Viable Alternative to Lithium?
• New Hydrogen Colors to Watch in 2024 and Why They Matter
• Study Shows Plug-in Hybrids Aren’t as Clean as We Thought
• CATL, Yutong Launch Long-life EV Battery

GLOBAL:  Lawn and Garden Equipment Market

DATAPOINT: North America Plate Compactor Production  

EUROPE: A New Path for Van Hool   
BRAZIL/SOUTH AMERICA:

• John Deere Announces New Investments in Brazil
• Volvo To Begin Testing Heavy Trucks

JAPAN: Kubota Unveils First Fuel Cell Tractor
CHINA: VW To Inject € 2.5 billion into its Hefei Base
INDIA: Two EV Strategies for India Market

IN THIS ISSUE

ALTERNATIVE POWER REPORT:

• Germany Drops Subsidies for Electric Semi-trucks and Buses
• Lithium-Air EV Batteries Tapped For Net Zero Economy of The Future
• Why Are Hydrogen Fuel Cells So Expensive?
• Europe May Slap Retroactive Tariffs on Chinese EVs

GLOBAL:

• Van Hool To End City Bus Production in Belgium
• E-Battery Technology Increases Application Opportunities

DATAPOINT: North America Trencher Production  

EUROPE:

• Rolls Royce Posts 16% Revenue Gain
• Van Hool Making Major Changes      

BRAZIL/SOUTH AMERICA:

• Car OEMs Announce US$ 14.3 Billion Investment in Brazil
• AG and CE Segments Poised for Substantial Growth in Brazil

JAPAN: Kubota Plans To Produce Batteries for EV AG Equipment
SOUTH KOREA: SK Plans World’s Largest Semiconductor Manufacturing Base
CHINA: Electrification of Construction Machinery Industry Accelerates
INDIA: EV Market Provides Opportunities and Challenges

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• High Energy, Cobalt-Free Lithium Ion Battery Developed
• CATL Creates Fast Charging Skateboard
• Record Low EV Battery Prices Reported in 2023
• US Discovers Lithium Bonanza for EV Batteries

NORTH AMERICA: 

• Electrify Where It Makes Sense
• Outdoor Recreation Adds $1.5 Trillion to US Economy in 2022

DATAPOINT: NA Combines
EUROPE: Kobelco Expands European Headquarters
BRAZIL/SOUTH AMERICA:

• Argentina Vehicle Production Grows in November
• Brazil Off-Highway Machine Sales Continue To Decline
• VW Trucks and Bus To Restart Two Shifts in January

JAPAN: Honda To Drop Mass-Produced EV “Honda e”
SOUTH KOREA: Hyundai Motor and Apple May Partner
INDIA: Mahindra Plans To Double Tractor Exports

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• China Discovers Unique Battery Material
• Toyota Joins Race To Mass Produce Solid-State Batteries
• Could Toyota’s Ammonia Engine Bring the End of EVs?
• White Hydrogen Could Reduce Decarbonization

GLOBAL: Outboard Marine Engine Market Hits $5.5 Billion
NORTH AMERICA: Transitioning from ICE Buses to Zero-Emission Engines
DATAPOINT: NA Graders      
BRAZIL/SOUTH AMERICA:

• XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant
• Vehicle Production in Brazil Stagnates
• Brazilian Marcopolo Approves its Fuel Cell Bus in Europe
• VW Announces Pickup Truck To Fight with Fiat Toro

JAPAN: Kubota and Sumitomo Plan Mutual Supply of Equipment
SOUTH KOREA: Hyundai Sells EVs To Oil-Producing Countries
THAILAND:  China Auto Manufacturer To Invest in Thai EV Motorbike Plant
CHINA: Weichai-BYD JV Begins 56 Billion Yuan, 50GWh Battery Project
INDIA: Construction Equipment Sector Poised for Substantial Growth