PSR

  • Batteries Are Coming. We Saw Lots of Them at CONEXPO and GIE+Expo

    Recently I was at a dinner with visiting members of my family discussing the noble transition that many manufacturers are making from producing their typical goods to producing essential goods and equipment for the coronavirus fight.

    Tyler Wiegert
    Tyler Wiegert

    One that came up was Tesla’s transition to making ventilators, and one member of my family began to say that they wouldn’t want a Tesla ventilator if they were hospitalized, because it would probably catch fire and explode.

    My fiance is in medicine rather than in our industry, so she took that to be a serious comment about the risk of ventilators sparking in an oxygen-rich environment. But it quickly became clear that this critic just has a deep and abiding skepticism of battery technology, because they repeatedly brought the conversation back to battery fires and cars exploding, despite there having been only 14 reported cases of Tesla vehicles catching fire between 2013 and 2019, with most of those happening after accidents.

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  • Dealing With Coronavirus

    At Power Systems Research our business is based on being informed: Globally, and in several important industry segments.

    Even as the coronavirus affects markets and industries and companies worldwide, we’re continuing to work effectively for our clients. We’re adjusting our operations hourly to meet the changing needs caused by coronavirus. Our IT staff has adapted PSR systems so our analysts around the world can work at home and communicate easily and effectively with each other and with the home office.

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  • INDIA REPORT, March 2020

    Coronavirus Reduces India Auto Components

    This article first appeared in the March 2020 issue of PowerTALK™ News

    China is one of the leading suppliers of auto components to India, and this supply chain was significantly interrupted in Q1 2020 by the caronavirus. In 2018-19, components worth an estimated US$4.5 billion (out of a total of approximately $17 billion) were exported from China to India. Most of this trade is in electronic components, EGR modules, fuel injection pumps, turbochargers, meter sets, LEDs, magnets, airbag components, and steering system components.

    Since the discovery of the Coronavirus in December 2019, this supply chain has been affected. The covid-19 pandemic has started taking a toll on components supply and automotive production in India. The situation is further amplified, as China has terminated all sea routes to other parts of the world.

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  • Brazil/South America Report

    This report appeared in the March issue of PowerTALKNews

    Coronavirus Jeopardizes Brazil AG Machine Production

    Lack of components coming from China may be a problem because of work interruptions caused by the coronavirus. According to the Brazilian Machinery Builders´ Association (ABIMAQ), the risk of supply stoppages is high. The Chinese content of an Agricultural Machine produced in Brazil is estimated to be 10% to 15%, with higher concentration on electronics components.

    Source: M&T / Globo…

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  • Day 3, CONEXPO

    Wacker Neuson Plate Tamper and Compactor

    The batteries on these machines run 60 minutes and charge in 80 minutes, which Wacker believes is enough for a typical work day. The machines are surprisingly quiet, given the type of work they do, and they have the added benefit of not emitting fumes into deep excavations with no air flow. The shock system is sufficient that the vibrations barely reach the battery, and they’ve had no issues with vibrations affecting the batteries so far. Unlike with other…

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  • Day 3, CONEXPO

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  • We Expect 2020 NA Overall OEM Production To Be Flat

    This article initially appeared in the February 2020 issue of PowerTALK News.

    SUMMARY.  The North American economy remained stable in 2019 and pure economic conditions as well as fundamentals in the region were favorable. Most industries performed very well, and the short-term outlook remains stable to flat for most market segments. However, we see many new developments that could suggest a shift in the trend.

    Yosyf Sheremeta
    Yosyf Sheremeta

    Consumer confidence declined slightly in December, following a moderate increase in November.  The Conference Board’s Consumer Confidence Index stood at 126.5 in December, 1.4 points higher than in September 2019. 

    Per Lynn Franco, Senior Director of Economic Indicators at The Conference Board: “While consumers’ assessment of current conditions improved, their expectations declined, driven primarily by a softening in their short-term outlook regarding jobs and financial prospects. While the economy hasn’t shown signs of further weakening, there is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020.”

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  • We’ll Be Looking for You at CONEXPO

    Read our staff reports from CONEXPO.

    CONEXPO-CON/AGG is North America’s largest construction trade show representing the construction and concrete industries.  Even though we’ll have a full team at the show with nearly a dozen PSR representatives, it will be difficult to hit all of the 2,800 exhibitor areas so let us know how we can meet up with you.

    We always welcome the opportunity to engage and meet with the industry.  An in-person meeting provides that chance to place a face with a name,…

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  • New India Budget Disappoints Auto Industry

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Source: Business Today   Read The Article

    Ritvik Kulkarni
    Ritvik Kulkarni

    PSR Analysis: The Indian Automotive Industry was largely left disappointed with the budget after no direct steps were taken to arrest the decline in automotive sales. Although keeping long term benefits in mind, the budget did introduce measures to boost the rural economy, which in turn will directly benefit the commercial vehicle industry which is an important driver for the economy.

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  • Auto Expo 2020 Misses Majors But Shows Many New Products

    This article initially appeared in the February 2020 issue of PowerTALK News.

    Ritvik Kulkarni
    Ritvik Kulkarni

    The 15th edition of the biennial Auto Expo 2020 in New Delhi posted a record turnout of visitors. Despite missing out on mega launches and lukewarm participation by many OEMs, and absentees like Honda, Toyota, Fiat-Chrysler, Ford, Nissan, Audi, Hero Moto Corp, TVS Motors, Bajaj Auto and Royal Enfield the auto show presented many futuristic concepts and cleaner vehicles.

    Source: ET Auto.com  Read The Article

    PSR Analysis: With the entire country gearing up for the imminent transition to cleaner emission norms in BS6, and the uncertainty over the recovery of a bad 2019, it was impressive that the Auto Expo 2020 registered a record attendance.

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