Power Systems Research (PSR) is an international research company based in St. Paul, Minnesota, USA. It operates a second North America office in Detroit, Mich., and has offices in five other countries. PSR analysts have been collecting and analyzing global engine and powertrain data and information since 1976, and we use this data to develop targeted forecasts by industry segment and region.
Our team of experienced analysts works with OEMs, engine and component manufacturers, dealers, fleet managers and industry experts to compile detailed and focused data that has become an industry standard. It’s the leading source of global information on engines and power equipment powered by IC and alternate sources. Whether you need detailed global data, forecasts or customized local market studies, we can provide you with Data, Forecasting and Solutions. Let’s start today.
Motorcycle purists either love them or hate them, but electric motorcycles are fast becoming a popular reality. From daily commuters to off-roading to track racing, we’ve seen all kinds of electric bikes hit the road over the past couple of years. There’s an increasing array of e-bikes catering to riders of all shapes, sizes, and kinds coming to market.
Here is a small sample of some of the leading OEMs and their electric motorcycle products.
Can-AM/BRP. The first Can‑Am motorcycles are expected to hit the road before the end of 2024. The Canadian Can-AM team is testing bikes in all possible usage conditions, and early feedback from test riders is that two new models deliver a powerful and smooth riding experience. The models include the Can-Am Origin dual-sport and Can-Am Pulse street bike, both slated to launch in mid-2024. Both models are still undergoing testing while construction is underway for a new plant in Querétaro, Mexico, which will produce the electric bikes.
SUMMARY. Many factors are pointing to modest growth in Q3 2023. This should lead to total production globally growing at +2.4% in 2023 vs 2022 (it was 2.6% in Q2 2023), and the outlook for the next few years remains positive with growth accelerating from 2025. Apart from Russia and Ukraine, the main countries to show a decline are South Korea, Slovakia, Netherlands. However, the segment picture shows some differences.
Several drivers are influencing the global economic picture.
Fuel prices eased earlier this year, recently they have grown slightly and are no longer showing signs of easing. This remains a serious issue.
Supply chains remain constrained and show no signs of improving.
The war in Ukraine shows no sign of a speedy conclusion, despite recent successes by Ukraine.
Ukrainian exports of wheat, other grains and fertilizer have declined massively following Russia’s ending on the Grain Deal. Alternative routes (overland, and via the Danube) simply don’t have the necessary capacity.
Inflation is easing, but it continues to be a major concern for central banks as they consider raising their interest rates. This will pose a risk to economic growth in all regions. Inflation and price increases are putting OEMs in a difficult situation.
Risk of recession continues in the background for several countries, notably China, USA and Germany, and this could drag other countries into recession.
Covid is still lingering with global deaths now at over 6.9 million, and a new variant has the medical world concerned.
Latent demand for machinery keeps building, which is a positive sign.
Tesla has broken ground on the site of its planned futuristic diner with a drive-in theater and Supercharger station. This project has been in the works for several years. In 2018, Elon Musk said that Tesla planned to open an “old school drive-in, (with) roller skates & rock restaurant at one of the new Tesla Supercharger locations in Los Angeles.”
A few months later, Tesla applied for building permits for “a restaurant and Supercharger station” at a location in Santa Monica. However, the project stalled for a long time, apparently due to local regulations. Nevertheless, Tesla still moved forward with a Supercharger at the location, but it had to move the diner project to Hollywood. Last year, Tesla filed the construction plans with the city, giving us the first look at what the automaker intends to build.
The Chinese were way ahead of the rest of the world when it came to recognizing the value of lithium. While most nations slept, China was busy identifying lithium deposits around the world and either buying them or negotiating deals with those who may not have fully appreciated lithium’s value.
It incentivized others to seek alternatives. New companies sprang up to extract lithium from salt brine, especially in the Salton Sea area of California. But these are years away from being able to supply America’s and the world’s needs.
When discussions take place about Alternative power systems, (hydrogen fuel cells or battery electric engines), experts often fall into one camp or the other.
Proponents of each technology have been vocal in spotlighting the benefits they have to provide. Often, they will compare battery electric to hydrogen fuel cell performances, particularly when it comes to vehicles. However, experts are now coming to the conclusion that it’s not really a matter of deciding which technology will win out and which will disappear. Instead, each form of clean power will find its place, as each has strengths in specific areas. The main points of debate are Efficiency, Infrastructure and Environmental impact.
In her annual State of The EU address on Sept. 13, 2023, European Commission President Ursula von der Leyen suggested that Chinese manufacturers are dumping Chinese EVs on EU customers that are priced below what domestic manufacturers charge.
She suggested that the root cause of the problem is the heavy subsidies provided to Chinese automakers by the central government — subsidies that allow them to sell Chinese EVs at artificially low prices to the detriment of domestic companies. If so, she warned the EU would consider imposing new tariffs on Chinese cars to level the playing field.
The September issue of PSR Alternative Power Report includes articles on California’s plan to add hydrogen refueling stations–even though there are only 12,000 hydrogen-powered cars on the roads–plus articles on wind-powered ships and advances in battery development.
Ships haven’t had sails for generations, but the idea is gaining new supporters as shipping companies work to lower their carbon emissions.
Globalization has spawned a tremendous increase in the number of ships crossing the world’s oceans. Ships the size of small cities haul thousands of containers and tankers as large as aircraft carriers transport millions of gallons of oil from one continent to another. Many of them run on bunker oil — a gelatinous mass of whatever is left over after the refining process is over. The stuff is so thick, it needs to be heated in order to flow and when it is burned, it leaves behind sulfurous clouds of carbon dioxide so thick they can be tracked by satellites.
Eurac Research scientists have analyzed data from 21 fuel cell electric buses (FCEB) and battery electric buses (BEB) in Italy, comparing efficiency, consumption, temperature sensitivity, distances, and cost, and they discovered that Hydrogen buses’ tank-to-wheel (TTW) efficiency is lower than battery electric buses, indicating higher consumption variation for BEBs.
Daimler recently launched a class 4-5 medium-duty electric truck brand, RIZON, and Electrek got a chance to kick the tires and drive one around. They were impressed at how well it drives (for an 18k GVWR vehicle) and how comfortable it feels like it would be on long shifts.
Rizon is a new brand from Daimler Trucks focusing entirely on zero-emissions in the class 4-5 space. Trucks of this size don’t require commercial driver’s licenses, and you’re more likely to see them around your neighborhood, doing local delivery tasks, equipment rentals, moving businesses, and the like. So, it’s nice to have clean, quiet operation instead of noisy and stinky diesel vehicles.
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