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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Daimler’s RIZON Electric Truck Feels like Driving a Car
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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Zepp Gets Financial Boost To Build State-of-the-Art Fuel Cell Systems Factory
Zepp’s goal is to speed up the energy transition and foster reliance in the labor market with support from the Ministries of Economic Affairs and Climate and Social Affairs and Employment, and the municipalities in the Dutch Greater Rijnmond area.
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Why Is California Building a Refueling Network for Hydrogen Cars Nobody Uses?
Guy Youngs California is essentially the only state in the USA that has any hydrogen cars to speak of, but even in that state, there are only about 12,000 of them on the roads. Despite this, the state intends to spend hundreds of thousands of dollars per year (or more) to build a refueling network for those vehicles.
California lawmakers are now debating how much money to pour into a fueling station network for hydrogen cars.
A lobbying group for suppliers and supporters of H2 includes Shell, Chevron and Toyota is aiming for a designated 30% of the Clean Transportation Program money, which would represent about $300 million spent over the next 10 years.
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Australian Mining — Can It Power All The New EVs?
Australia is already the largest exporter of lithium in the world and has the largest lithium mine in the world. Each quarter, the Australian government produces a report from the Department of Industry Science and Resources which discusses Lithium and most of the other minerals needed to support the EV revolution.
The report is 175 pages long and this article focusses on the sections dealing with copper, nickel, zinc, and lithium.
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Black Mass, Black Gold, And the Truth About EV Battery Recycling
“Black mass” is a term used to refer to the residual compound formed by shredding of li-ion batteries that have reached the end of their usable life cycle. It is a huge task and challenge to recover the valuable cathode elements (lithium, nickel, manganese, and cobalt) entwined within the battery and upcycling them into usable battery materials.
RecycLiCo is among the first companies to turn that black mass into what is referred to as “black gold.” They do this by recovering almost all of the cathode…
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Redesigned Zinc-Air Batteries ‘Better’ than Lithium, say Researchers
Researchers at Edith Cowan University in Australia have redesigned zinc-air batteries and have found the technology to be preferable to lithium-ion batteries – even for electric vehicles, and they claim to have overcome the technology’s notorious power output limitations.
Zinc-air batteries consist of a zinc negative electrode and an air positive electrode. The chemistry holds promise and is significantly more sustainable than lithium-based counterparts, but the poor performance of air electrodes and short lifespan has limited the technology’s power output.
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Strong E-Bike Market Growth Seen
The pandemic bike boom boosted e-bike sales 145% from 2019 to 2020, more than double the rate of classic bikes, according to the market research firm NPD Group.
Research by Power Systems Research estimates the global e-bike market size at US$ 23.2B in 2022 and expects the market to reach US$ 78B by 2030, exhibiting a CAGR of 10.5%.
E-bikes are bicycles equipped with electrical motors for transforming electrical energy into mechanical energy to assist pedaling. They use rechargeable batteries that require minimum maintenance and provide power to the motor.
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Hydrogen Fuel Cell MH Commercial Vehicle Update
Chris Fisher With regards to zero-emission medium and heavy vehicles, we have heard during the past few years that battery electric commercial trucks will ultimately replace the diesel-powered internal combustion engine for commercial trucks. At some point in the future this might be true for short and regional haul freight carriers but what about the long-haul heavy truck segment?
Currently, the lack of charging infrastructure, range anxiety and the extreme weights associated with the batteries will be a significant deterrent to mass adoption of long-haul battery electric trucks. However, hydrogen fuel cell trucks for long-haul applications appear to be a viable option in this segment. Even though fuel cell trucks currently have a greater range and lighter weight than battery electric trucks, they have the same problem as electric trucks due to a lack of a power infrastructure.
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Continued Growth Seen for Powersports Market
Michael Aistrup The growing popularity of powersports is expected to provide many new opportunities ln this rapidly growing market. Some of the trends fueling this long-term growth potential are:
Growing/changing market for utility-terrain vehicles (UTVs).
- Technological advancements through improved durability and adaptability to UTV’s, ensure greater enjoyment for UTV riders.
- Industry-leading companies will continue to focus on increased product range and rigorous R&D initiatives to strengthen their market standing.
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U.S. Economic Downturn this Year or Next?
Jim Downey SUMMARY. As we are halfway through 2023, there is more uncertainty with the economy than earlier in the year. The general consensus is there will be a recession coming soon in the United States, and now it is just a matter of whether this will happen later in 2023 or the first of part of 2024.
The latter may be more assumed recently. The stock market has not fallen, and the US economy has not entered a recession this year, 2023. Some of the factors that have prevented this are market investors being enthusiastic over AI (Artificial Intelligence) potential, the Federal Reserve’s pause in interest rate increases, and the slowdown of inflation. So seemingly the pause button has been hit on recession scenarios.
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