Joe Delmont | Power Systems Research https://www.powersys.com Data • Forecasting • Solutions Sun, 14 Jun 2026 19:48:57 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.powersys.com/wp-content/uploads/2019/03/cropped-icon512-32x32.png Joe Delmont | Power Systems Research https://www.powersys.com 32 32 Ashok Leyland Expects Strong Export Performance https://www.powersys.com/2024/11/ashok-leyland-expects-strong-export-performance/ Sat, 16 Nov 2024 16:48:12 +0000 https://www.powersys.com/?p=12934 “Our next target in terms of geographical expansion is Southeast Asia. We have been talking about it for a long time. We want to get into four different markets in Southeast Asia. “We expanded our range of products (in Middle Eastern markets) and that is why as a result we believe we should be in

The post Ashok Leyland Expects Strong Export Performance first appeared on Power Systems Research.]]>
Aditya Kondejkar

“Our next target in terms of geographical expansion is Southeast Asia. We have been talking about it for a long time. We want to get into four different markets in Southeast Asia. “We expanded our range of products (in Middle Eastern markets) and that is why as a result we believe we should be in a position to record one of the best years when it comes to international operations” – Shenu Agarwal, Managing Director and CEO

Source: Economic Times. Read The Article

Ashok Leyland is intensifying its international expansion efforts, setting its sights on Southeast Asia to drive export growth in the coming year. This strategic push is part of a broader plan to strengthen its presence outside India while maintaining strong domestic sales. The company has already launched operations in the Philippines, with Malaysia lined up next, aiming to establish a firm foothold in the region.

Financially, the company’s performance in recent quarters has shown resilience and growth. Profits have risen significantly, positioning Ashok Leyland to support its expansion goals and new initiatives effectively. Its electric vehicle arm, Switch Mobility, is a pivotal part of the growth strategy. Specializing in electric buses and light commercial vehicles, Switch Mobility has increased its production capacity, aligning with the rising demand for sustainable transport solutions. The subsidiary is approaching EBITDA break-even, a sign of steady progress and market traction, further supported by a large order backlog.

The company’s growth plans aren’t without challenges. The medium and heavy commercial vehicle segment experienced a slight slowdown, impacted by weather disruptions and delays in government capital expenditure. However, these factors are viewed as temporary, and Ashok Leyland expects market conditions to stabilize, supporting growth through the remainder of the fiscal year.

Ashok Leyland’s focus on alternative fuels and electric vehicles also reflects a strategic alignment with global shifts towards cleaner and more efficient transport solutions. This expansion into emerging markets, coupled with a commitment to sustainable innovation, underscores its intention to be a forward-looking player in the commercial vehicle sector.   PSR

Aditya Kondejkar is Research Analyst – South Asia Operations for Power Systems Research

The post Ashok Leyland Expects Strong Export Performance first appeared on Power Systems Research.]]> Colombia Resumes Taxing Vehicles from Brazil https://www.powersys.com/2024/09/colombia-resumes-taxing-vehicles-from-brazil/ Mon, 23 Sep 2024 16:19:04 +0000 https://www.powersys.com/?p=12489 BRAZIL/SOUTH AMERICA REPORT  Starting in 2025, vehicle exports from Brazil to Colombia will once again be taxed at a 54% rate. The tax exemption agreement, in place since 2017, will not be renewed. According to the Colombian government, this decision is designed to protect its local automotive industry, currently dominated by Renault. This is a

The post Colombia Resumes Taxing Vehicles from Brazil first appeared on Power Systems Research.]]> BRAZIL/SOUTH AMERICA REPORT 

Starting in 2025, vehicle exports from Brazil to Colombia will once again be taxed at a 54% rate. The tax exemption agreement, in place since 2017, will not be renewed. According to the Colombian government, this decision is designed to protect its local automotive industry, currently dominated by Renault. This is a setback for Brazilian manufacturers, who exported fewer vehicles in 2024, with a 30% drop compared to the previous year.

Source: Automotive Business     Read The Article

PSR Analysis: This means an important reduction of exports from Brazil, affecting some OEM exports severely; for others, there will be no impact. These production impacts are already deployed in the forecast in OE Link database.

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

The post Colombia Resumes Taxing Vehicles from Brazil first appeared on Power Systems Research.]]> PowerTALK™, July 2024 https://www.powersys.com/2024/07/powertalk-july-2024/ Mon, 15 Jul 2024 18:21:34 +0000 https://www.powersys.com/?p=12240 IN THIS ISSUE Western countries–United States, Europe and Canada–are placing tariffs on low-cost Chinese EVs and Beijing doesn’t like it. Read about the EV tariff controversy in the July 2024 issue of PowerTALK News. Also in this issue are articles on the global motorcycle market, North American scooter production and Hitachi’s demonstration of a huge

The post PowerTALK™, July 2024 first appeared on Power Systems Research.]]> IN THIS ISSUE

Western countries–United States, Europe and Canada–are placing tariffs on low-cost Chinese EVs and Beijing doesn’t like it. Read about the EV tariff controversy in the July 2024 issue of PowerTALK News. Also in this issue are articles on the global motorcycle market, North American scooter production and Hitachi’s demonstration of a huge EV mining truck.

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%
CHINA: Chinese Joint Venture Begins Battery Plant in Mississippi
INDIA: Bajaj, TVS Enter CNG Two-Wheeler Market PSR

The post PowerTALK™, July 2024 first appeared on Power Systems Research.]]> PowerTALK™, February 2024 https://www.powersys.com/reports/powertalk-february-2024/ Tue, 27 Feb 2024 15:45:40 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=11379 China companies dealing in alternative power–batteries and electric vehicles–make the news in the February issue of PowerTALK by Power Systems Research. CATL has gained market share in the global battery market and it has formed a production alliance in China. At the same time, China OEMs are gaining market share in Thailand’s EV market. Mike

The post PowerTALK™, February 2024 first appeared on Power Systems Research.]]> China companies dealing in alternative power–batteries and electric vehicles–make the news in the February issue of PowerTALK by Power Systems Research. CATL has gained market share in the global battery market and it has formed a production alliance in China. At the same time, China OEMs are gaining market share in Thailand’s EV market. Mike Aistrup reports that the global powersports recreational products market is forecast to exceed US$ 35 Billion in 2025.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • CATL Expands Battery Market Share Lead in 2023
  • Electric Trucks Can Haul 100 Tons
  • Daimler’s Aims for Hydrogen Milestone
  • Toyota Maintains EV Market Skepticism

NORTH AMERICA:

  • Shell To Exit Light Duty FCEV Market in California
  • Global Powersports Market To Exceed $35 Billion in 2025

DATAPOINT: NA ATVs
BRAZIL/SOUTH AMERICA:

  • VW To Invest US$250 Million in Argentina by 2026
  • Cummins To Produce New Off Highway Engine at Guarulhos Plant
  • Brazil Posts Record Heavy Duty Trailers Sales in January 2024  

JAPAN: Toyota and Chiyoda Develop Hydrogen Production System
SOUTH KOREA: Hyundai Motor Shifts EV Plans, Introduces Genesis Hybrid
THAILAND: Japanese Car Share Plummets in Thailand, China Gains Share
CHINA: LGMG and CATAL Sign Strategic Cooperation Agreement
INDIA: India FY25 Budget Is Driving EV Revolution

The post PowerTALK™, February 2024 first appeared on Power Systems Research.]]> PowerTALK™, January 2024 https://www.powersys.com/reports/powertalk-january-2024/ Tue, 23 Jan 2024 17:02:57 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=11152 BYD, the Chinese auto manufacturer, is making expansion moves in Brazil, Deutz plans to sell electric marine motor manufacturer Torqeedo to Yamaha and GM and Komatsu are developing hydrogen fuel cells for mining trucks. Read these articles and more in the January issue of PowerTALK News. IN THIS ISSUE ALTERNATIVE POWER REPORT NORTH AMERICA: Consumers,

The post PowerTALK™, January 2024 first appeared on Power Systems Research.]]> BYD, the Chinese auto manufacturer, is making expansion moves in Brazil, Deutz plans to sell electric marine motor manufacturer Torqeedo to Yamaha and GM and Komatsu are developing hydrogen fuel cells for mining trucks. Read these articles and more in the January issue of PowerTALK News.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • GM, Komatsu Plan Hydrogen Fuel Cells for EV Mining Truc
  • · Drivers of Heavy, Dirty Cars Pay Stiff Penalty Tax in Franc
  • · Survey: EV Range Anxiety Slips in Importance
  • · Cathode Material for Cheaper, More Sustainable EVs Developed

NORTH AMERICA: Consumers, Professionals Boost Lawn & Garden Spending
EUROPE:

  • · Electric Hydro Foiling Popular in Maritime Industry
  • · Deutz AG To Sell Torqeedo Shares To Yamaha

DATAPOINT: NA Dumpers/Tenders
BRAZIL/SOUTH AMERICA:

  • · BYD Seeks To Acquire Lithium Mining Operation in Brazil
  • · BYD Plans Supply Chain Verticalization in Brazil

JAPAN: 2023 Domestic MC Shipments Increase 4%
SOUTH KOREA: Hyundai Motor Sells Chongqing Plant in China
THAILAND: Lithium Deposit World’s Third Largest
CHINA: Recharging Slows Penetration of New Energy HD Trucks
INDIA: Ford’s Potential Return to India

The post PowerTALK™, January 2024 first appeared on Power Systems Research.]]> PowerTALK™, September 2023 https://www.powersys.com/reports/powertalk-september-2023/ Wed, 11 Oct 2023 20:03:32 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=10719 Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles. IN THIS ISSUE

The post PowerTALK™, September 2023 first appeared on Power Systems Research.]]> Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles.

IN THIS ISSUE
  • ALTERNATIVE POWER REPORT
    • California Building Hydrogen Refueling Network for Cars
    • New Zinc-Air Batteries Challenge Lithium Batteries
    • The Truth About EV Battery Recycling
    • Australian Mining — Can It Power All The New EVs?
  • GLOBAL:
    • Hydrogen Fuel Cell Commercial Vehicle Update
    • E-Bike Market Analysis
  • DATAPOINT: NA Tractor/Loader/Backhoes (TLBs)   
  • BRAZIL/SOUTH AMERICA: 
    • Companies Support Fleet Renewal Program
    • Motorcycle Production To Reach 1.5 Million in 2023
    • BEV Demand Boosts Brazil Mining Investment
  • JAPAN: Target of 300,000 EV Chargers by 2030 Planned
  • SOUTH KOREA:  Battery Companies Increase Sales
  • VIETNAM: Ridesharing Giant Gojek Converts To EVs
  • CHINA: Sany MOTA Launches Battery Rental Business
  • INDIA: Bus Sector Bounces Back; EVs Fuel Post-Covid Growth
The post PowerTALK™, September 2023 first appeared on Power Systems Research.]]> PowerTALK™, August 2023 https://www.powersys.com/reports/10557/ Sun, 20 Aug 2023 16:42:49 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=10557 Reports of new product development and emissions are featured in several articles in the August 2023 issue of PowerTALK News. Read about VW’s breakthroughs, a new hydrogen-powered generator, and new regulations covering machine products in Europe. IN THIS ISSUE

The post PowerTALK™, August 2023 first appeared on Power Systems Research.]]> Reports of new product development and emissions are featured in several articles in the August 2023 issue of PowerTALK News. Read about VW’s breakthroughs, a new hydrogen-powered generator, and new regulations covering machine products in Europe.

IN THIS ISSUE
  • Alternative Power:
    • VW Reveals Four EV Breakthroughs
    • EVs Report Fewer Greenhouse Gases
    • Methane Is Big Greenhouse Gas Problem
    • Hydrogen Engines Pose Hurdles
  • DataPoint: North America Personal Watercraft
  • Europe: New Machine Regulations
  • Brazil/South America:
    • PSR Sponsors at SAE Mobility Forum
    • Mexico Beats Argentina in Brazil Exports
    • 29% of 2023 Brazil Trucks Have Euro 6 Engines
  • Japan: Firms Develop Hydrogen-Powered Generator
  • Vietnam: Foxconn To Invest $246 Million in Vietnam
  • China: XCMG Group, Toyota Sign Pact
  • India: Marluti Suzuki Plans India Market Expansion
The post PowerTALK™, August 2023 first appeared on Power Systems Research.]]> PowerTALK™, July 2023 https://www.powersys.com/reports/powertalk-july-2023/ Wed, 26 Jul 2023 17:39:11 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=10318 Production is the key word in PowerTALK articles for July. Read about new techniques for battery production, supply chain problems in Japan, production cutbacks in China and new facilities in South America. IN THIS ISSUE

The post PowerTALK™, July 2023 first appeared on Power Systems Research.]]> Production is the key word in PowerTALK articles for July. Read about new techniques for battery production, supply chain problems in Japan, production cutbacks in China and new facilities in South America.

IN THIS ISSUE
  • Alternative Power:
    • What Is Future of Alternative Power?
    • BYD Sets JV for EV Batteries
    • Offshore Hydrogen 10X Cost of LNG
    • VW Plans Dry Battery
  • Global:
    • Q2 2023 Economy Positive
    • Outdoor Power Equipment Shifts To Electric
  • DataPoint: North America Mixers
  • Europe:
    • Show Report: Electric Hybrid Marine
    • Ammonia Powered Fuel Cell
  • Brazil/South America:
    • Alternative Power MHVs Decline
    • First VW Truck Built in Argentina
    • BYD Expands Brazil Production
    • Scania Truck Has 900km Range
  • Japan: Semiconductor Shortage Hurts Honda
  • South Korea: Hyundai Cuts China Production
  • China: New VI-B Emissions
  • India: OEMs Target Premium MC Segment
The post PowerTALK™, July 2023 first appeared on Power Systems Research.]]> PowerTALK™, June 2023 https://www.powersys.com/reports/powertalk-june-2023/ Fri, 23 Jun 2023 13:21:57 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=10236 Commercial vehicles are in the news this month. Japan is looking at a major merger of truck OEMs, Cummins is delivering a Hydrogen fuel cell truck, Brazil has announced incentives for MHVs and KCMG says it will produce EV trucks in Brazil. Read these reports and more in the June issue of PowerTALK News. IN

The post PowerTALK™, June 2023 first appeared on Power Systems Research.]]> Commercial vehicles are in the news this month. Japan is looking at a major merger of truck OEMs, Cummins is delivering a Hydrogen fuel cell truck, Brazil has announced incentives for MHVs and KCMG says it will produce EV trucks in Brazil. Read these reports and more in the June issue of PowerTALK News.

IN THIS ISSUE
  • Alternative Power:
    • Electric Vehicles and The H2 Battle to be Included in the Family
    • New Battery Recycling Center Will Have A Big Impact On Europe
  • Global: Electric Scooter Market Could Reach $56B in 2033
  • North America: CARB Is Phasing Out Heavy Trucks
  • DataPoint: North American Off-Highway Trucks
  • Brazil/South America:
    • Brazil Announces Incentives for MHV and LV
    • XCMG To Produce EV Trucks in Brazil in Two Years
  • Japan: Hino Motors and Mitsubishi Fuso To Merge
  • South Korea: Hyundai Motor and LG Energy To Build Battery Plant in U.S.
  • Indonesia:  Indonesia Plans To Become Major Player in Car Industry
  • China: Cummins Accelera Delivers Hydrogen Fuel Cell Truck
  • India: Suzuki Moves Aggressively To Regain India Market Share
The post PowerTALK™, June 2023 first appeared on Power Systems Research.]]> PowerTALK™, February 2023 https://www.powersys.com/reports/powertalk-february-2023/ Mon, 20 Feb 2023 17:51:35 +0000 https://www.powersys.com/?post_type=powertalk_newsletter&p=9797 In This Issue Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America.

The post PowerTALK™, February 2023 first appeared on Power Systems Research.]]> In This Issue

Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America.

  • Alternative Power
    • • 240 Ton Electric Mining Truck Charges in 30 Minutes
    • • Study Shows Plug-in Hybrids Dirtier Than We Thought
    • • From Diesel to DC
    • • Volvo Unveils Electric Concrete Mixer Truck
  • Global: MC Market Grows 5.48%
  • N. America: Charging Infrastructure Blocks Adoption for BEV’s
  • DataPoint: Dumpers/Tenders
  • Brazil/S. America:
    • • Hitech Electric To Produce 100% EV LCVs
    • • Hyundai Keeps Gamma Engine in Units for Colombia
    • • Legislation for AG Tractors Cabin in Brazil Has Changes
    • • January Truck Production in Brazil drops 72%
  • Europe: Deutz, Daimler Align
  • China: Adoption of New Energy Commercial Vehicles Pushed
  • Japan: OEMs Seek Battery Production Channel in NA
  • South Korea: Hyundai To Start Operations at Plant in Vietnam
  • SE Asia: Kubota Seeks Manpower
  • India: Budget Focuses on Capex
The post PowerTALK™, February 2023 first appeared on Power Systems Research.]]>