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.
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Fast Charging Gets Faster in LFP Batteries
Zeekr, an electric vehicle (EV) maker within the Geely Auto group, has integrated its self-developed fast-charging battery technology, based on lithium-iron-phosphate (LFP) chemistry, into its latest vehicles
According to the company, the 75 kWh battery pack supports ‘5.5C ultra-fast charging,’ enabling vehicles to charge from 10% to 80% in just 10.5 minutes using 800V charging at Zeekr’s proprietary stations.
Source: PV Magazine: Read The Article
PSR Analysis: Until this, all Lithium -ion batteries…
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Volvo To Launch Hydrogen Powered Trucks
GLOBAL REPORT
Chris Fisher Volvo has announced plans to begin on-road testing of trucks equipped with hydrogen powered internal combustion engines starting in 2026 with the commercial launch planned towards the end of this decade. Trucks that run on green hydrogen provide a significant step for Volvo to achieve its net zero goal and support customers to reach their decarbonization targets.
Trucks that run on green hydrogen instead of fossil fuels provide one way to decarbonize transport. Hydrogen trucks will be especially suitable over longer distances and in regions where there is limited charging infrastructure, or time for, recharging of batteries.
The hydrogen-powered combustion engine trucks will complement Volvo’s offering of other alternatives, such as battery electric trucks, fuel cell electric trucks and trucks that run on renewable fuels, like biogas and HVO (Hydrotreated Vegetable Oil).
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2023 Global E-Bike Market Hit US$38.3 Billion
Michael Aistrup The E-bike market size was estimated at USD 38.3 billion in 2023 and is forecast by Power Systems Research to increase to $97.3 B in 2033 with a CAGR of 9.77% between 2024 and 2033. Cities globally are investing in dedicated bike lanes, charging stations, and bike-sharing initiatives for facilitating easier e-bike usage. Moreover, consumers are drawn to the substantial cost savings offered by electric solutions compared to conventional vehicles.
E-Bike Market Trends. Several important technological trends have boosted the production and sales of e-bikes.
- Battery Technology. Improved batteries provide lighter weight, lower cost, longer range and quicker charging times.
- Smart features, such as GPS navigation, app connectivity, and digital displays enhance the user experience, making e-bikes more appealing and user-friendly.
- Shared micro-mobility is part of the public transportation ecosystem. As a flexible transportation option with comparatively low overhead and operation costs, shared micro-mobility can complement higher-volume fixed-route transit services by offering mobility services for many trips at a lower per-traveler cost.
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2024 CARB ACT Impacts Truck Sales
NORTH AMERICA REPORT
Chris Fisher The article shown here is starting to give us some insight as to how the 2024 CARB ACT regulations are playing out in California and what the other states who plan to adopt these regulations can expect upon their implementation. It is a bit of a long read but very insightful of what the truck dealers are currently experiencing.
Information is beginning to trickle out about sales requirements for commercial truck dealers in California that will soon extend to other states committed to implementing the California Air Resources Board’s (CARB) Advanced Clean Trucks (ACT) and low-NOx Omnibus regulations.
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New Batteries Promise Long Life, Greater Safety
ALTERNATIVE POWER REPORT
Guy Youngs A research team at the University of Hong Kong (HKU) has developed a new generation of lithium metal batteries, with the innovation centering on microcrack-free polymer electrolytes, which promise extended lifespan and enhanced safety at temperatures as high as 100 degrees Celsius
The microcrack-free polymer electrolytes are synthesized via a straightforward one-step click reaction, exhibiting notable attributes including “a remarkable resistance to dendrite growth…
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Wastewater Needed by LFP Battery Supply Chain
Many people are talking about lithium iron phosphate batteries, especially auto industry stakeholders who are eager to get their hands on a higher-performing, lower-costing and safer battery. If the supply chain doesn’t get its act together soon, this may be problematic.
81% of the global supply of phosphate rock is produced by just six countries, with China and Morocco in the lead, but the real problem is further up the supply chain. Regardless of the source, an LFP battery can't use phosphate rock…
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Global Snowmobile Market Forecast for $2.42 Billion
Michael Aistrup The Global Snowmobile Market size was valued at $1.62 billion in 2023, according to Power System Research, and is estimated to register a CAGR of 5.1% between 2023 and 2031 with a projected market value of $2.42 billion in 2032.
Source: Power Systems Research
North America Is Major Snowmobile Market
According to the International Snowmobile Manufacturers Association (ISMA), 82% of snowmobile sales are in North America.
Source: Power Systems Research
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Alternative Power Report, August 2024
The August issue of PSR’s Alternative Power Report includes several articles on battery development, including ones describing news at Tesla. This month’s report also includes news on hydrogen power and the decline in diesel sales. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
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