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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2024 Motorcycle Production
DATAPOINT REPORT
On-Road Motorcycles or Street Bikes are motorized two-wheeled vehicles that are street legal for sport and leisure activities. They include features such as headlights, brake lights and turn signals.
This product information comes from industry interviews and from two proprietary databases maintained…
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Canada Considers Tariffs on Chinese EVs Similar To US and EU Moves
ALTERNATIVE POWER REPORT
Guy Youngs The Canadian government is preparing tariffs on Chinese-made EVs to align with the US and European Union, which have already proposed heavy duties to deter “unfair” competition imported from overseas
The country holds strong ties with the US and EU and looks to align with its trade partners in solidarity while blocking a potential loophole China could use to enter North America.
Source: Electrek: Read The Article
PSR Analysis: Canada is still in the early stages…
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EU Tariffs Hit Chinese EVs, Draw Stern Words from Beijing
The European Commission told automakers (July 11, 2024) it would impose extra duties of up to 38.1% on imported Chinese electric cars starting in July 2024, risking retaliation from Beijing, which called the move protectionist. Less than a month after Washington announced plans to quadruple duties for Chinese EVs to 100%, Brussels said it would set additional tariffs ranging from 17.4% for BYD to 38.1% for SAIC, on top of the standard 10% car duty. It said this was to combat excessive subsidies
it’s…
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Research Offers Efficient Lithium Production
As the electric vehicle market booms, the demand for lithium has also soared, with global lithium production more than tripling in the last decade. Current methods of extracting lithium from rock ores or brines are slow and come with high energy demands and environmental costs. They also require sources of lithium which are incredibly concentrated to begin with and are only found in a few countries.
Researchers at the University of Chicago Pritzker School of Molecular Engineering (PME) have optimized a new method for extracting lithium from more dilute (and widespread) sources of lithium, including seawater, groundwater, and “flowback water” left behind from fracking and offshore oil drilling.
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EV Sales Headed for Long-Term Growth
ALTERNATIVE POWER REPORT
The short-term picture for EV growth is mixed, but long-term prospects look good. EV sales will continue to grow despite the mixed near-term outlook, according to BloombergNEF’s Long-Term Electric Vehicle Outlook (EVO) which indicates that rapidly falling battery prices, advancements in next-gen battery technology, and improving relative economics of EVs with ICE counterparts continue to underpin long-term EV growth globally.
Global passenger EV sales are expected to continue…
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2024 Global Motorcycle Market Estimated at $144 Billion
Michael Aistrup The global motorcycles market size is estimated to be valued at $144.1 billion in 2024 and is estimated to rise at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2033 and to be valued at $288.46 billion in 2033, according to research by Power Systems Research (PSR).
The unit sales of Motorcycles market are expected to reach 61.62 million by 2029 according to PSR. In the United States, the trend in the motorcycle market is shifting towards electric bikes, as consumers become more environmentally conscious.
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Alternative Power Report, July 2024
Canada is preparing to join the tariff war against Chinese EVs, according to a report in the July 2024 issue of the Alternative Power Report prepared by Power Systems Research. Another article in the report notes that even thought EV sales are lagging, they’re positioned for long-term growth. And there’s plenty of battery news in this report prepared by PSR analyst Guy Youngs. PSR
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2024 North America Scooter Production
DATAPOINT REPORT
Scooters/Minibikes/Mopeds are motorized 2-wheeled vehicles used primarily for recreation, although they are used for primary transportation in many cases.
It’s important to note that Go-Ped manufactures stand-on scooters.
This product information comes from industry interviews and from two proprietary databases…
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China Threatens EU, U.S. with Tariffs Up To 25%
Guy Youngs Trade tensions have continually risen among China, the European Union, and the US in recent years, with much of the drama surrounding imported EVs, so 10 days after the Biden administration introduced a 100% tariff on several categories of Chinese goods, including EVs, China has threatened to retaliate with tariffs on its own vehicle imports.
The EU has also been included in this threat but while it is conducting a probe into China’s EV exports, it has placed this probe on a temporary halt…
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