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  • Hyundai To Custom Design EVs for each Customer

    South Korea’s Hyundai Motor Group is launching a new business to produce EVs to order, according to customer preferences. It is designed to be used for corporate purposes such as delivery and car sharing, and the body design and loading capacity can be flexibly changed to suit the intended use.

    The company will take advantage of the characteristics of EVs, which have a higher degree of freedom in design than gasoline vehicles. The company will also introduce a business model that does not involve mass production to accelerate the growth of its EV business.

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  • Honda Launches Electric Bike for Business

    Honda announced the “GYRO e:” and “GYRO CANOPY e:” as planned commercial models of electric three-wheeled scooters for business use that use replaceable batteries. The new models will be marketed as the Honda e: Business Bike series together with the BENLY e: business electric two-wheeled scooter, which has been sold to corporate customers since April 2020.

    The GYRO series will be used in many business applications such as deliveries. The GYRO series is a three-wheeled model with one wheel in the front and two in the rear to increase stability, and there is also a “CANOPY” model with a roof and wipers that can handle a little rain.

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  • Komatsu to Sell Electric Construction Equipment in Europe

    Akihiro Komuro
    Akihiro Komuro

    Komatsu plans to release a battery-powered compact excavator that emits no exhaust gas in Europe in 2022. The company will also promote the quietness of the product and expects to use it in residential areas. Hitachi Construction Machinery will also double orders for electric excavators in fiscal 2021 compared to the previous year. Following the trend in the automobile industry, competition in the field of electric construction machinery is now in full swing.

    The compact excavator to be launched by Komatsu will use lithium-ion batteries that are lightweight and can operate for a long time. It uses a motor instead of an engine, making less noise and emitting no exhaust gas. The company will first market the product in Europe, where environmental regulations are strict, and then consider launching it in Japan. Komatsu began renting several small excavators powered by lead-acid batteries on a trial basis in Japan in April 2020.

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  • Hyundai and Apple in Talks To Develop Self-Driving EVs

    Hyundai Motor and Apple are negotiating a partnership in the field of self-driving EVs, reports the Korean newspaper Korea IT News. Other media reported that Hyundai and Apple are aiming to launch a self-driving EV in 2027. Soon after this report, Hyundai announced that it was in early stage talks with Apple. (The above is excerpted from Newsweek)

    Hyundai is playing a central role in the Apollo Project, the self-driving EV strategy of Chinese IT giant Baidu and is also actively mass-producing EVs.

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  • Japan Sees Hydrogen as Main Fuel by 2030

    Akihiro Komuro
    Akihiro Komuro

    The government of Japan has set a target of 10 million tons of hydrogen to be used in Japan by 2030, enough to operate more than 30 nuclear power plants. This would be more than 10% of the total electricity capacity in Japan.

    It will also hasten the practical application of hydrogen power generation and accelerate the spread of FCVs. The government will provide support through a newly established 2 trillion Yen fund and tax incentives for capital investment.

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  • Thailand Sets Incentives for EV investment

    The Thai government has introduced a new investment incentive program to encourage domestic production of EVs. The new incentives will exempt the payment of corporate tax for eight years for those who invest more than 5 billion baht (about 17 billion yen) to produce an EV.

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  • Hyundai’s Unmanned Cargo Plane Concept Aims for 2026

    Akihiro Komuro
    Akihiro Komuro

    Hyundai Motor Co. has begun developing an unmanned aircraft for cargo transport and has announced the concept of “air cargo” to be commercialized in 2026. The company is already developing a personal aerial vehicle (PAV) that will be responsible for moving people around in urban areas, and this technology will be applied to cargo transport aircraft. It is envisioned as a transport aircraft that will carry more cargo than drones carrying small cargo.

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  • Kawasaki To Spin Off Motorcycle and Engine Business

    Kawasaki Heavy Industries said it will spin off its motorcycle and engine business in April 2021. The business is the only B2C business in KHI.  By spinning off the business, the company aims to speed up decision-making and offer new products and services for consumers.

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  • Makita Engine Products To Be Discontinued in March 2022

    Makita, a major power tool company, will discontinue the production of engine products such as engine mowers, engine chainsaws, and other engine products for garden equipment at the end of March 2022. The company will concentrate its resources on its mainstay rechargeable power tools and garden equipment, for which demand is expected to increase in the future. Annual sales of engine products account for less than 2% of the total.

    Source: The Nikkei

    PSR Analysis: I visited Makita's booth at the Agri…

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  • Kawasaki Receives Order for First Electric Tanker

    Akihiro Komuro
    Akihiro Komuro

    Kawasaki Heavy Industries says it has been awarded a contract to design an electric propulsion system for the world’s first electric tanker. Two shipbuilders in Shikoku will build the two vessels, with the first one to be completed by March 2023. It is about 60 meters long and has a gross tonnage of 499 tons.

    Read More »

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