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# Power Systems Research

Data • Forecasting • Solutions

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## Posts

- [News](https://www.powersys.com/news/)
- [Global Electric Scooter Market Could Reach $56B in 2033](https://www.powersys.com/2023/06/global-electric-scooter-market-could-reach-56b-in-2033/) - The global electric scooter market could surpass $56 billion by the end of 2033, according to a forecast by. Power Systems Research.
- [Suzuki Moves Aggressively To Regain India Market Share](https://www.powersys.com/2023/06/suzuki-moves-aggressively-to-regain-india-market-share/) - Maruti Suzuki’s mid-term goal is to achieve 50% overall PV (passenger vehicle) market share by becoming the number one SUV seller in India. Its SUV share was only 10.5% in 2022.
- [Cummins Accelera Delivers Hydrogen Fuel Cell Truck](https://www.powersys.com/2023/06/cummins-accelera-delivers-hydrogen-fuel-cell-truck/) - CHINA REPORT Accelera and Shaanxi Auto's Dechuang Future have jointly developed a 31-ton Hydrogen fuel battery residue vehicle. Sixty Cummins Accelera Hydrogen fuel cell driven muck trucks were delivered and put into operation in Shanghai. It is reported that this vehicle is matched with Cummins 125kW Hydrogen fuel battery engine system and 127kWh Lithium iron
- [XCMG To Produce EV Trucks in Brazil in Two years](https://www.powersys.com/2023/06/xcmg-to-produce-ev-trucks-in-brazil-in-two-years/) - XCMG plans to produce battery electric trucks in Brazil at the Pouso Alegre (MG) plant in two years.
- [CARB Is Phasing Out Heavy Trucks](https://www.powersys.com/2023/06/carb-is-phasing-out-heavy-trucks/) - The California Air Resources Board (CARB) is requiring all new medium- and heavy-duty vehicles sold or registered in the state of California to be zero-emission by 2036.
- [PSR Provides $2,000 STEM Scholarship](https://www.powersys.com/2026/07/psr-provides-2000-stem-scholarship/) - Power Systems Research provided its annual $2,000 STEM Scholarship (Science, Technology, Engineering and Mathematics) to 2026 Eagan High School graduate Ryan Houth.
- [Scania Brazil Plant Set for EV Truck Production](https://www.powersys.com/2026/07/scania-brazil-plant-prepared-for-electric-truck-production/) - Scania has completed requirements to produce electric trucks at its São Bernardo do Campo plant in Brazil, but is waiting for sufficient market scale before starting manufacturing.
- [Sany Announces Production Plant in Campinas, Brazil](https://www.powersys.com/2026/07/sany-announces-production-plant-in-campinas-brazil/) - Sany plans to begin assembling trucks and construction equipment in the Campinas-SP during H2 2026. The initial operation is expected to use a CKD production model.
- [Chinese Imports Reduce Brazilian Exports To Argentina](https://www.powersys.com/2026/07/chinese-imports-reduce-brazilian-exports-to-argentina/) - Brazilian vehicle exports to Argentina fell 35.4% in H1 2026, totaling 106,000 units, according to Anfavea. The decline was attributed to the increase in Chinese vehicle imports into Argentina.
- [IHI Tests 6 MW Ammonia-Fueled Land-Based Engine](https://www.powersys.com/2026/07/ihi-tests-6-mw-ammonia-fueled-land-based-engine/) - IHI Power Systems in July began operating a demonstration plant using a 6,000kW ammonia-fueled reciprocating engine at its Ota Plant in Gunma Prefecture.
- [Investment for AutoAlliance MHEVs Approved](https://www.powersys.com/2026/07/investment-for-autoalliance-mhevs-approved/) - Thailand's Board of Investment in July approved an approximately USD 210 million investment by AutoAlliance Thailand (AAT).
- [Prince Is Featured Speaker at 2026 Innovation Summit](https://www.powersys.com/2026/07/featured-speaker-at-2026-innovation-summit/) - Jack Prince, Business Development Manager at Power Systems Research, is scheduled to be a Featured Speaker at the 2026 Suppliers Partnership for the Environment Partnership Innovation Summit. The session will be held July 28-29, 2026, at Novi, MI He will be joining a panel discussion alongside Ricardo to share perspectives on the market trends shaping
- [Government Links Semiconductor, AI Investments](https://www.powersys.com/2026/07/government-links-semiconductor-ai-investments/) - The South Korean government announced a large industrial investment program in June centered on semiconductors, physical AI and AI data centers.
- [Battery Could Lead To Big Leaps in Performance](https://www.powersys.com/2026/07/battery-could-lead-to-big-leaps-in-performance/) - Researchers have identified the role oxygen plays in storing and releasing a battery’s energy. This could lead to batteries that charge faster, last longer, and are safer.
- [“Air” Battery Makes Larger Electric Aircraft Possible](https://www.powersys.com/2026/07/air-battery-makes-larger-electric-aircraft-possible/) - The global aviation industry has been struggling to wean itself from jet fuel, but there have been some signs that change is on the way for smaller aircraft.
- [Few Electrified Ships Can Reshape Shipping Fuels](https://www.powersys.com/2026/07/batteries-dont-need-to-electrify-every-ship-to-reshape-shipping-fuels/) - Maritime transportation accounts for nearly 3% of global energy consumption, around 3% of greenhouse gas emissions and both are expected to increase in coming decades.
- [Comparing Fossil Fuels Tonnage vs. Fuel Use](https://www.powersys.com/2026/07/a-comparison-of-fossil-fuels-shipping-tonnage-vs-fuel-use/) - A discussion of maritime fuel use and its replacement often is about bunker fuel and whether ammonia, methanol, hydrogen, LNG, biofuels, synthetic fuels or batteries can replace it.
- [Paving the Way for Lithium–Nitrogen Batteries](https://www.powersys.com/2026/07/paving-the-way-for-lithium-nitrogen-batteries/) - Scientists from Belgium’s University of Namur and China's Wuhan University of Technology have proposed a plan to advance lithium–nitrogen (Li–N₂) batteries.
- [Bus Chassis Production Shows Gains, Downturn Likely](https://www.powersys.com/2026/07/bus-chassis-production-shows-gains-despite-likely-downturn/) - Brazilian bus chassis production reached 16,200 units in H1 2026, up 3.2% year-over-year, but June output fell 15.1% from June 2025.
- [XCMG Group, ZF Set Joint Venture for Ag Machinery](https://www.powersys.com/2026/07/xcmg-group-zf-establish-joint-venture-for-ag-machinery/) - German XCMG Group and ZF Group have signed a joint venture agreement to establish "ZF (Xuzhou) Machinery Co., Ltd.", headquartered in Jiangsu Province.
- [India–UK CETA: A Strategic Opportunity for Autos](https://www.powersys.com/2026/07/india-uk-ceta-a-strategic-opportunity-for-auto-industry/) - The implementation of the India–UK Comprehensive Economic and Trade Agreement (CETA) July 15, 2026, marks a significant milestone for the Indian automotive industry.
- [](https://www.powersys.com/2025/05/16095/) - Our high school Experimental Vehicle Team can compete at the highest levels of engineering because of threethings: dedication, talent and teamwork. They proved this in April of 2025 and are already back at work to makethe 2026 vehicles even more remarkable. It was our third year at the Indianapolis Motor Speedway for the Shell Eco-Marathon
- [PSR Awards $2,000 Scholarship](https://www.powersys.com/2023/05/psr-awards-2000-scholarship/) - Power Systems Research has awarded a $2,000 scholarship to Erin Kelly, a student at Eagan High School in Eagan, Minnesota. It has been donating to the program since 2013.
- [PSR-HDMA Present Webinar April 21, 2021](https://www.powersys.com/2021/04/psr-hdma-webinar/) - Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. The presenters included: Chris Fisher - Senior Commercial Vehicle
- [Russia Economic Outlook – October 2021](https://www.powersys.com/2021/10/russia-economic-outlook-october-2021/) - Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 Emiliano Marzoli Hello everyone. From Power Systems Research, I'm your host, Emiliano Marzoli, editor of PSR PowerTALK. And today we'll discuss the economic outlook for Russia with Maxim Sakov, our market consultant in Moscow. And thank you very much for joining us
- [Power Systems Research and JCB Power Systems Offer Construction Equipment Outlook Webinar](https://www.powersys.com/2020/11/power-systems-research-and-jcb-power-systems-offer-construction-equipment-outlook-webinar/) - On Monday, Nov. 30, 2020, Power Systems Research and JCB Power Systems will present a free one-hour webinar discussing the construction outlook in Europe and North and South America.
- [Day 1, CONEXPO 2020](https://www.powersys.com/2020/03/day-1-conexpo/) - Electrification is a hot topic at CONEXPO 2020 100% Electric Forklift concept vehicle by Gehl powered by 12 lithium ion batteries. Volvo goes electric at CONEXPO 2020
- [Exmar Pushes Ammonia-Fueled Vessels](https://www.powersys.com/2026/06/belgiums-exmar-pushes-ammonia-fueled-maritime-transport/) - The ammonia-fueled gas carrier Antwerpen has entered service for Exmar. It is the first new ship capable of transporting ammonia as cargo and using it as fuel.
- [Thai EV Adoption Pressures Production](https://www.powersys.com/2026/06/ev-policy-moves-from-adoption-to-industrial-absorption/) - Ten Thai automotive and auto parts associations have warned that EV adoption is putting pressure on domestic production and that the country’s automotive industry could face a crisis. According to the industry groups, Thai manufacturers are struggling to compete with low-cost, zero-tariff EV imports from China, while local parts suppliers are seeing orders decline. The
- [German Market Continues To Struggle](https://www.powersys.com/2026/06/german-market-continues-to-struggle/) - Data released in early June by the VDMA (German Engineering Federation) shows that Germany’s domestic machinery orders fell 4% to 5% in real terms year-over-year.
- [Beneteau Posts Strong Q1 2026 Results](https://www.powersys.com/2026/06/beneteau-posts-strong-q1-2026-results/) - Groupe Beneteau reported strong first-quarter 2026 results, with revenues reaching €169.5 million, up 30.1% compared with €130.3 million in Q1 2025 (+34.5% at constant currency).
- [China Plans 40% Share for EV Heavy-Duty Truck Market](https://www.powersys.com/2026/06/china-aims-for-new-energy-heavy-duty-truck-40-market-share/) - The China Ministry of Transport and the National Energy Administration have developed the Implementation Plan for Promoting Large-Scale Application of New Energy Heavy-Duty Trucks.
- [Biofuels Lead Next Phase of India Auto Fuel Transition](https://www.powersys.com/2026/06/biofuels-lead-next-phase-of-india-auto-fuel-transition/) - India's automotive industry is undergoing a significant fuel transition. While electric vehicles (EVs) remain a key pillar of decarbonization, biofuels—particularly ethanol and isobutanol—are emerging as critical tools for reducing oil imports, lowering emissions, and supporting domestic agriculture. India has already achieved its E20 ethanol blending target ahead of schedule and is now preparing for higher
- [Funding Program Can't Detain Brazil Truck Market](https://www.powersys.com/2026/06/funding-program-cant-detain-brazil-truck-market/) - Brazilian truck registrations fell 17.2% in the first four months of 2026, to 30,700 units, compared with 37,100 units in the same period of 2025.
- [Chinese CFMoto Starts SA Motorcycles Operations](https://www.powersys.com/2026/06/chinese-cfmoto-starts-sa-operations-with-four-motorcycles/) - CFMoto has started operations in Brazil with CKD (Completely Knocked Down) production in Manaus, Amazonas, eight dealerships and four initial motorcycle models.
- [Randon Exports Semitrailers to Indonesia](https://www.powersys.com/2026/06/randon-exports-semitrailers-to-indonesia/) - Randon has completed its first export of semitrailers to Indonesia, opening a new market in Southeast Asia. The shipment includes sugar cane specialized models.
- [AGCO Presents Alternative Fuels Engines](https://www.powersys.com/2026/06/agco-presents-advances-in-alternative-fuels-engines/) - AGCO has presented new AGCO Power engines powered by ethanol and biomethane for tractors in the 200 hp to 300 hp range, developed by its South American engineering team.
- [Hitachi Tests Remote Construction Equipment](https://www.powersys.com/2026/06/hitachi-moves-toward-remote-construction-deployment/) - Hitachi Construction Machinery said it is conducting a joint demonstration with Fukudome Kaihatsu of a 20-ton class hydraulic excavator and digital twin platform.
- [SK Construction Equipment Exports Expand](https://www.powersys.com/2026/06/construction-equipment-exports-move-into-strategic-markets/) - HD Construction Equipment signed a contract to supply 39 DEVELON articulated dump trucks to Rental Group, one of the largest construction equipment rental companies in Northern Europe. The contract is worth about EUR 12 million, or around KRW 20 billion. The order includes 13 units of 28-ton models and 26 units of 41-ton models, which
- [Strict EV Mandates Could Implode Economy](https://www.powersys.com/2026/06/strict-ev-mandates-could-implode-economy/) - Testifying before a Senate subcommittee recently, American Trucking Associations (ATA) President and CEO Chris Spear lobbed criticism at the California Air Resources Board (CARB).
- [Electrifying Your Fleet Isn't Just About Going Green](https://www.powersys.com/2026/06/electrifying-your-fleet-isnt-just-about-going-green/) - On the face of things, when you read this title, your thoughts move to TCO (Total Cost of Ownership) but actually this article is more about sustainability – sustainability in the sense that the business needs to stay in business in the longer term, and it’s about stability.
- [North America  2026 ATV Production](https://www.powersys.com/2026/06/15861/) - 232,100 units is the estimate by Power Systems Research of the number of 4-Wheel ATVs (All Terrain Vehicle) expected to be produced in the US and Mexico during 2026.
- [New Battery Could Last 16 Years Without Capacity Loss](https://www.powersys.com/2026/06/new-battery-could-last-16-years-without-capacity-loss/) - Researchers from the Institute of Metal Research in China, say they have developed an electrolyte that allows an alkaline battery to run for approximately 16 years.
- [PV Equipped Vehicles May Cover 80% of Electricity](https://www.powersys.com/2026/06/pv-equipped-vehicles-may-cover-80-of-electricity-needs/) - The integration of photovoltaics (PV) into vehicles significantly reduces demand on power grids, reduces charging costs, and decreases the need for external charging.
- [Toyota Pulls Plug on Important EV](https://www.powersys.com/2026/06/toyota-pulls-plug-on-important-ev/) - Toyota is scraping plans to launch a next-generation luxury EV, the Lexus LF-ZC electric sedan, which was expected to enter production later this year.
- [EV Investment May Be At Risk In Europe](https://www.powersys.com/2026/06/ev-investment-may-be-at-risk-in-europe/) - The rapid growth of the EV market has led to a huge level of investment in new models, batteries, chargers and other components that have supported this growth. As the EU continues to dither about vehicle emissions (encouraged by the oil lobby and some legacy car makers), all this investment is now being put into question.
- [TUPY Acquires Teksid from Fiat Group for €210 million](https://www.powersys.com/2019/12/tupy-acquires-teksid-from-fiat-group-for-e210-million/) - Tupy S.A., a Brazilian maker of engineered cast iron structural components, said it has agreed to acquire FCA's global cast iron automotive components business.
- [Carlos Briganti To Participate in AutoData Commercial Vehicle Seminar](https://www.powersys.com/2019/11/carlos-briganti-to-participate-in-autodata-commercial-vehicle-seminar/) - Carlos Briganti, SA managing director of Power Systems Research, will discuss production for commercial and off-road vehicles at Autodata seminar Dec. 3, 2019.
- [The Future of Diesel Engines in Metropolitan Areas](https://www.powersys.com/2019/11/the-future-of-diesel-in-metropolitan-areas/) - In this article we focus on the Diesel Engine application in Commercial Vehicles in metropolitan areas, and more specifically, in Urban Buses in Brazil,
- [New Products at FENATRAN-Brazil](https://www.powersys.com/2019/10/new-products-at-fentran/) - New products included electric axles, and CNG powered trucks. HVO standards were discussed at FANATRAN
- [CAOA acquires Ford Plant in Brazil](https://www.powersys.com/2019/09/caoa-acquires-ford-plant-in-brazil/) - CAOA is likely to keep F-Series production until Proconve P8 (equivalent to Euro VI), when additional investment is necessary to introduce new technologies.
- [Brazilian Motorcycle Production Continues To Grow](https://www.powersys.com/2019/08/brazil-test-post/) - In July 2019, 92,000 motorcycles were produced in Brazil, up sharply from the 68,000 units produced in June 2019. January to July production was 629,000, 6.3% above the 592,000 units produced in the same period of 2018. Source: Abraciclo Read The Article PSR Analysis: The main drivers for continued growth in this segment are fleet
- [Iveco Daily Multifuel Concept Runs on Several Fuels](https://www.powersys.com/2025/10/iveco-daily-multifuel-concept-runs-on-several-fuels/) - Iveco has unveiled the Daily Multifuel, a light commercial vehicle that operates on ethanol, CNG, or biomethane. It’s positioned as a low-emission alternative to diesel.
- [Yanmar  Acquires Fast Growing Battery Technology Firm](https://www.powersys.com/2022/04/yanmar-acquires-fast-growing-battery-technology-firm/) - EUROPE REPORT Yanmar Holdings Co. Ltd, the multi-billion dollar multinational company headquartered in Osaka, Japan, has acquired a majority of shares of a young and fast-growing ELEO Technologies B.V. from theNetherlands, this month. The acquisition has been completed through European’s subsidy, Yanmar B.V. An earlier investor, Lumipol Group, has entirely exited the company. As a
- [Yuchai, XCMG Sign Mutual Development Agreement](https://www.powersys.com/2025/06/yuchai-xcmg-sign-mutual-development-agreement/) - Yuchai and XCMG have signed an agreement to jointly build and share new channels for overseas development and embark on a new chapter of cooperation in the Eurasian region.
- [Bauma-Germany Show Report](https://www.powersys.com/2025/04/bauma-germany-show-report/) - MUNICH (April 7–13, 2025)-- Bauma 2025 returned to its traditional April slot, after the 2022 edition was held in October due to the pandemic, and it was a huge success.
- [Mack Says MP13 Engine Is EPA '27 Compliant](https://www.powersys.com/2026/05/mack-says-mp13-engine-is-epa-27-compliant/) - Mack Trucks said its MP13 powertrain has been re-engineered to meet EPA 2027 emissions standards. It also gets a performance boost for highway and vocational applications.
- [Toyota–Maruti Realignment Reshapes Auto Future](https://www.powersys.com/2026/05/toyota-maruti-realignment-reshapes-auto-future/) - News from Toyota and Maruti Suzuki mark the most significant shift in India’s auto sector in years. Both companies are betting on India as a long-term manufacturing hub.
- [CATL Launches Production of Sodium-Ion Batteries](https://www.powersys.com/2026/05/catl-launches-mass-production-of-sodium-ion-batteries/) - CATL said it will start mass production of sodium-Ion batteries this year. This marks sodium-ion technology's shift from a backup option to mainstream use.
- [Ag Machinery Market To Continue Growing](https://www.powersys.com/2026/05/ag-machinery-market-to-continue-growing/) - The Vietnamese AG machinery market is expected to grow steadily over the forecast period due to labor shortages in rural areas and rising demand for mechanization.
- [South Korean Shipbuilders Win $1.1 Billion in Orders](https://www.powersys.com/2026/05/south-korean-shipbuilders-win-1-1-billion-in-orders/) - South Korean shipbuilders HD Hyundai, Hanwha Ocean and Samsung Heavy Industries reportedly have won approximately $1.1 billion in new orders in a single day.
- [Komatsu Reports Record 2025 Sales but Profits Decline](https://www.powersys.com/2026/05/komatsu-reports-record-2025-sales-but-profits-decline/) - Komatsu announced that its revenue reached a record high for fiscal 2025 due to the effects of a weaker yen and improved pricing. However, the company explained that profits fell below the previous year's level due to declining demand for construction machinery in North America and rising costs. In North America, the company reported that
- [Yanmar Announces $55.77 million Plant in Brazil](https://www.powersys.com/2026/05/yanmar-announces-55-77-million-plant-in-brazil/) - Yanmar has announced an investment of approximately $55.77 million to build a new manufacturing facility in Indaiatuba, São Paulo State, Brazil.
- [EU–Mercosur Pact May Reshape SA MHV Industry](https://www.powersys.com/2026/05/eu-mercosur-agreement-may-reshape-sa-mhv-industry/) - The European Union and Mercosur trade agreement is expected to affect the competitive landscape of the truck and bus industry in South America.
- [Daimler Truck Launches Zárate Plant](https://www.powersys.com/2026/05/daimler-truck-launches-zarate-plant/) - Daimler Truck inaugurated a new US$110 million industrial complex in Zárate, Buenos Aires Province, Argentina, reinforcing its long term manufacturing strategy in South America. The facility will produce Mercedes-Benz Atego and Accelo trucks alongside OH and OF bus chassis, while also integrating a logistics center and Argentina’s first remanufacturing operation dedicated to commercial vehicle spare
- [Industrial Accelerator Act Finalized](https://www.powersys.com/2026/05/industrial-accelerator-act-finalized/) - The proposed Industrial Accelerator Act (IAA) draft framework establishes a hard target to lift manufacturing to 20% of EU GDP by 2035.
- [Volvo Trucks' Unveils Alternative-Fuel Engine](https://www.powersys.com/2026/05/volvo-trucks-new-alternative-fuel-engine-platform/) - Volvo Trucks has unveiled an entirely new 13-liter combustion engine platform engineered to meet Europe’s strictest efficiency mandates.
- [A Closer Look at CATL's New Sodium-Ion Battery](https://www.powersys.com/2026/05/a-closer-look-at-catls-new-sodium-ion-battery/) - CATL unveiled a sodium-ion battery for energy storage at the 14th Energy Storage International Conference and Expo (ESIE) in Beijing, in April.
- [The Fast Lane: 3 Ways To Get More Critical Minerals](https://www.powersys.com/2026/05/the-fast-lane-3-ways-to-get-more-critical-minerals/) - In modern life, thousands of products (ranging from mobile phones to missiles, or fertilizer even) depend on a few critical minerals such as copper, cerium, rare earth elements and potash. Governments around the world consider these essential to their economy and national security, and their supply chains can be disrupted by geopolitical tensions, extreme weather,
- [Graphene Aluminum-Ion Battery Boosts Energy Density](https://www.powersys.com/2026/05/gmg-reports-graphene-aluminum-ion-energy-density-of-101-wh-kg/) - One of the new battery technologies is graphene aluminum-ion battery which is designed specifically with rapid charging in mind.
- [Zwitterions May Be Key To Solid-State Batteries](https://www.powersys.com/2026/05/zwitterions-may-be-key-to-solid-state-batteries/) - Liquid electrolytes have been key EV batteries and the lithium-ion formula is the most important component. There many formulae that eliminate fire hazards, and cut costs.
- [A Drop of Up to 10% on the Horizon](https://www.powersys.com/2026/05/a-drop-of-up-to-10-on-the-horizon/) - EDITOR'S NOTE: This article is reprinted with permission from the publisher AutoData. The article includes substantial information from Priscila Von Zuben Spadine, Data and Forecast Manager at Power Systems Research. By Natasha WerneckAutoData High interest rates, weak demand, and the smaller impact of the Caminho da Escola program are dragging down the pace of Brazil's
- [Tax Decision on Buses Is Reversed](https://www.powersys.com/2026/04/import-tax-decision-on-buses-is-reversed/) - The Brazilian federal government has reversed the decision to apply import taxation on school buses acquired under the Caminho da Escola program.
- [Power Shortages Boost Reliance on Generators](https://www.powersys.com/2026/04/power-shortages-boost-reliance-on-generators/) - Amid rising demand during the dry season and the risk of power plant outages, concerns are mounting in the Philippines over tight electricity supplies.
- [GAC Plans Vehicle Production in Brazil](https://www.powersys.com/2026/04/gac-plans-vehicle-production-in-brazil/) - Chinese automaker GAC plans to establish vehicle production in Brazil as part of its strategy to expand its presence in Latin America.
- [Oil Crisis Makes Drivers Reconsider Electrics](https://www.powersys.com/2026/04/oil-crisis-makes-drivers-reconsider-electrics/) - The US-Israeli attack on Iran has caused a massive rise in the costs of petrol and diesel. In the UK, petrol is up around 30% and diesel is up around 50%.
- [2026 Global MHCV Production Increases Seen](https://www.powersys.com/2026/04/2026-global-mhcv-production-increases-seen/) - Global MHCV production is expected to increase in most important regions this year, but China’s MH truck segment probably will see a major structural change.
- [Zhangxue Demonstrates Strength of "Made in China"](https://www.powersys.com/2026/04/zhangxue-demonstrates-strength-of-made-in-china/) - China's Zhangxue Motorcycles team was a surprise at the 2026 FIM Super-bike World Championship (WSBK) Portuguese Round recently, clinching victories in both World SSP class races.
- [HD Construction Introduces Electric Safety Training](https://www.powersys.com/2026/04/hd-construction-introduces-electric-safety-training/) - HD Construction Equipment has introduced South Korea’s first safety management certification for high-voltage systems designed for training in electrical systems.
- [Yanmar To Build Plant for Marine Hydrogen Engines](https://www.powersys.com/2026/04/yanmar-to-build-plant-for-marine-hydrogen-engines/) - Yanmar Power Solutions is advancing the development of engines that are compatible with next-generation fuels and has acquired a site in Amagasaki City, Hyogo Prefecture.
- [A Failed Experiment? Biofuels Under Spotlight](https://www.powersys.com/2026/04/a-failed-experiment-biofuels-under-spotlight/) - EU ministers are discussing the global shortage of around 11 million barrels of oil per day, and developing ways to reduce the use of oil and gas.
- [As Fossil Fuel Supplies Falter, Renewables Increase](https://www.powersys.com/2026/04/when-fossil-fuel-supplies-falter-interest-in-renewables-increases/) - This article reviews how China is helping Cuba shift its dependence from oil to renewable energy, by a series of massive solar parks (92 in total).
- [US Battery Recycler Lands $1.1B Metals Refining Deal](https://www.powersys.com/2026/04/us-battery-recycler-lands-1-1b-metals-refining-deal/) - In Tokyo, Nth Cycle (a critical metals refining company) signed a massive US$1.1 billion, 10 year, agreement to provide recycled battery metals.
- [Volvo Moves into Big Electric Equipment](https://www.powersys.com/2026/04/volvo-moves-into-big-electric-equipment/) - Volvo has moved the A30 Electric and A40 Electric articulated haulers into serial production at its Braås site. These machines are the largest electric articulated haulers available.
- [KTM Completes Strategic Realignment](https://www.powersys.com/2026/04/ktm-completes-strategic-realignment/) - April 2026 marks a pivotal month for KTM as it completes its transition under the Bajaj Mobility AG umbrella and launches the Freeride E, its electric off-road motorcycle.
- [Selic Interest Rate Cut Has Limited Impact](https://www.powersys.com/2026/04/selic-interest-rate-cut-has-limited-impact-in-auto-market/) - The initial reduction in Brazil’s benchmark interest rate (Selic) is expected to have limited short-term impact on the automotive sector.
- [VWCO Tests B100 Soybean Biodiesel](https://www.powersys.com/2026/04/vwco-tests-b100-soybean-biodiesel-in-engines/) - Volkswagen Caminhões e Ônibus (VWCO) is conducting tests using B100 soybean-based biodiesel in heavy-duty diesel engines in an effort to evaluate lower-carbon fuel alternatives.
- [Indian Preet Plans Tractor Manufacturing Plant](https://www.powersys.com/2026/04/indian-preet-plans-tractor-manufacturing-plant/) - Preet, an Indian agricultural machinery manufacturer, plans to build a tractor plant in Brazil to strengthen its presence in the South American market.
- [PowerTALK™, April 2026](https://www.powersys.com/2026/04/powertalk-april-2026/) - In the April 2026 issue of PowerTALK News you can read articles about reports from CONEXPO 2026, Alternative Power News, and DataPoint, plus reports on Iran and Tariffs, BYD Developments, and more. ALTERNATIVE POWER REPORT A "Failed Experiment"? Biofuels Under Spotlight US Battery Recycler Lands $1.1B Metals Refining Deal When Fossil Fuel Supplies Falter, Interest In Renewables
- [Ashok Leyland Takes Major Step Toward EV Leadership](https://www.powersys.com/2026/04/ashok-leyland-takes-major-step-toward-ev-leadership/) - Ashok Leyland’s move to develop and assemble its own battery places the company at the center of India’s electric commercial vehicle (ECV) transformation.
- [Hybrids May Use 300% More Fuel Than Thought](https://www.powersys.com/2026/03/plug-in-hybrids-may-use-300-more-fuel-than-thought/) - Study shows PHEVs exceed government estimates. Hybrid electric vehicles may not be the great environment saver that the marketing people are suggesting.
- [Researchers Compare Different EV Battery Types](https://www.powersys.com/2026/03/comparing-lithium-ion-sodium-ion-solid-state-batteries/) - Researchers at Newcastle University in the UK, and the Fire Service Academy in Poland, have undertaken a detailed comparison of three key battery technologies.
- [PV-Powered Refrigerated Trailer Completes Test Run](https://www.powersys.com/2026/03/pv-powered-refrigerated-trailer-completes-test-ru/) - Protrans Solutions reports conducting a successful trial with a battery-electric refrigerated trailer charged by onboard solar panels on a 1,100 mile round trip.
- [First Country To Ban Sale of Gas Cars Doing Fine](https://www.powersys.com/2026/03/first-country-to-ban-sale-of-new-gas-cars-is-doing-fine/) - In 2024, Ethiopia made history by becoming the first country to ban the sale and import of new IC-powered vehicles. And the experiment is a resounding success.
- [Iran War, Worldwide Tariffs Disrupt Global Markets](https://www.powersys.com/2026/03/iran-war-worldwide-tariffs-disrupt-global-markets/) - When the USA and Israel attacked Iran, it resulted in the death of several of Iran’s senior leadership, including the Grand Ayatollah Ali Khamenei.
- [EU Legislation Boosts EU Manufacturing](https://www.powersys.com/2026/03/legislation-pushes-eu-toward-manufacturing-independence/) - On March 4, 2026, the European Commission unveiled the Industrial Accelerator Act (IAA), a cornerstone of the "Clean Industrial Deal" aimed at reclaiming Europe's manufacturing prowess. The Act sets a bold target to increase manufacturing's share of EU GDP to 20% by 2035. To achieve this, it introduces strict "Union origin" (Made in EU) and
- [Strait of Hormuz Closure May Tip Global Economy](https://www.powersys.com/2026/03/strait-of-hormuz-closure-may-tip-global-economy/) - Americans are warily eyeing prices at the pump as oil shipments through the Strait of Hormuz grind to a halt amid the threat of Iranian attacks on vessels.
- [Traton Reports Positive 2025 Financial Results](https://www.powersys.com/2026/03/traton-reports-positive-2025-financial-results/) - The Traton Group showed total unit sales for the Group declined by 9%, while the MAN Truck & Bus brand recorded a 30% surge in incoming orders for 2025 compared to 2024.
- [Schwing Stetter Starts Production of Concrete Mixers](https://www.powersys.com/2026/03/schwing-stetter-starts-production-of-concrete-mixer-trucks/) - Schwing Stetter has started automated production of concrete mixer trucks in Brazil, using new manufacturing technologies to increase productivity and operational efficiency.
- [Brazil Truck Production Drops in 2026 First Two months](https://www.powersys.com/2026/03/brazil-truck-production-drops-in-2026-first-two-months/) - Brazilian truck production fell 27% in the first two months of 2026 compared with the same period of 2025, despite expectations linked to the Mover Brazil program.
- [Brazil Vehicle Exports Rise To Mexico, Fall To Argentina](https://www.powersys.com/2026/03/brazil-vehicle-exports-rise-to-mexico-fall-to-argentina/) - Brazilian vehicle exports showed mixed performance in early 2026, increasing significantly to Mexico while declining sharply to Argentina.
- [VW Tukan Is Brand's First Flex Hybrid Vehicle](https://www.powersys.com/2026/03/vw-tukan-is-brands-first-flex-hybrid-vehicle/) - VW says the Tukan compact SUV will be its first flex fuel hybrid vehicle developed for Brazil. The model will combine a hybrid powertrain with a flex fuel ICE.
- [EcoFlow Launches 2kWh Portable Power Station](https://www.powersys.com/2026/03/ecoflow-launches-lightweight-2kwh-portable-power-station/) - EcoFlow Technology Japan says it launched its new “DELTA 3 2000 Air” portable power station positioned in the 2kWh class, that has 1,920Wh of storage capacity.
- [Ammonia-Fueled Marine Engine Approved](https://www.powersys.com/2026/03/ammonia-fueled-marine-engine-completes-approval-tests/) - Swiss marine power company WinGD says it has completed Type Approval Testing (TAT) and Factory Acceptance Testing (FAT) for its ammonia-fueled two-stroke marine engine.
- [BYD Indonesia EV Plant Nears Production](https://www.powersys.com/2026/03/byd-indonesia-ev-plant-nears-production/) - BYD is nearly ready to launch local production in Indonesia as construction of its EV assembly plant in Subang, West Java, progresses toward operational readiness.
- [BYD Launches Blade Battery/Charging Technology](https://www.powersys.com/2026/03/byd-launches-blade-battery-charging-technology/) - BYD has launched its second-generation Blade Battery and Flash Charging Technology—another milestone in new energy vehicle history.
- [TREM V Emission Rules May Reshape Industry](https://www.powersys.com/2026/03/trem-v-new-emission-blueprint-will-reshape-industry/) - In March, the government of India released the draft proposal for TREM V emission norms, setting in motion what could become the most significant regulatory transition for the off-highway sector since the adoption of TREM IV. Covering construction equipment, agricultural machinery, mining vehicles, and gensets, the proposed norms represent a decisive push towards global alignment,
- [CONEXPO Provides NA Market Outlook](https://www.powersys.com/2026/03/conexpo-lorena/) - At CONEXPO 2026, industry representatives said the North American construction equipment market is performing well and is expected to experience low single-digit growth.
- [PSR Adds Team Members](https://www.powersys.com/2026/03/psr-team-expands/) - Power Systems Research has added two members to its team of analysts and account executives. Jack Prince, joins as a Business Development Manager in Ann Arbor, MI, and Jansmin Reichert comes aboard as a Junior European Market Research Analyst in our Brussels office. Jack Prince brings more than 25 years of business development and commercialization
- [2025-Year Motorcycle Sales Rank 2nd in SE Asia](https://www.powersys.com/2026/02/2025-year-motorcycle-sales-rank-2nd-in-se-asia/) - In 2025, Vietnamese motorcycle market sales grew 14.9% year-on-year to approximately 3.4 million units, making it the second-largest market in Southeast Asia, after Indonesia.
- [Q4 2025 Truck Production Climbs 3.7%](https://www.powersys.com/2026/02/14946/) - The Power Systems Research Truck Production Index (PSR-TPI) increased from 107 to 111, or 3.7%, for the three-month period ended Dec. 31, 2025, from Q3 2025. The year over-year (Q4 2024 to Q4 2025) loss for the PSR-TPI was, 113 to 111, or -1.8%. The PSR-TPI measures truck production globally and across six regions: North
- [Hidden Cost of Europe's Hydrogen Bus Experiment](https://www.powersys.com/2026/02/hidden-cost-of-europes-hydrogen-bus-experiment/) - This Clean Technica article notes, “A hydrogen bus startup backed by public funding, failed before delivering a single customer vehicle.
- [Researchers Improve Sodium-Ion Batteries Almost 4X](https://www.powersys.com/2026/02/researchers-improve-sodium-ion-batteries-almost-4x/) - The sodium-ion battery formula has some advantages over conventional lithium-ion batteries, including the use of non-flammable, abundant materials and the potential for cutting costs.
- [Audit Court Calls Time on Hydrogen Inevitability](https://www.powersys.com/2026/02/audit-court-calls-time-on-hydrogen-inevitability/) - The October 2025 special report from Germany's Federal Audit Court evaluates the hydrogen strategy against the legal requirements of the Energy Industry Act.
- [Tesla Committing Automotive Suicide](https://www.powersys.com/2026/02/tesla-committing-automotive-suicide/) - Following its Q4 2025 financial update, Tesla appears to be pivotally shifting away from its identity as a traditional automaker. By focusing on 'Transportation as a Service.'
- [Tesla Semi Lines Up for $165M in California Incentives](https://www.powersys.com/2026/02/tesla-semi-lines-up-for-165m-in-california-incentives/) - Tesla reportedly is positioned to receive roughly $165 million in California clean-truck incentives for its Semi.
- [Brazil 2026 Truck Sales Drop Sharply in January](https://www.powersys.com/2026/02/brazil-2026-truck-sales-drop-sharply-in-january/) - Brazil’s truck market started 2026 in significant decline. A total of 6,379 units were registered in January, representing a drop of approximately 30% compared to January 2025 (9,131 units) and a 34% decrease versus December 2025 (9,765 units), according to data from Fenabrave (National Federation of Motor Vehicle Distribution). Market leadership in the month was
- [2026 Superyacht Market Features Steady Growth](https://www.powersys.com/2026/02/2026-superyacht-market-outlook-features-steady-growth/) - The superyacht industry enters 2026 in a phase of measured growth, supported by strong fundamentals. The market is stabilizing and becoming more strategic.
- [Boot 2026 Shows Strong Shift To Outboard Power](https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power/) - See Complete Show Report Here Boot Düsseldorf 2026 welcomed more than 200,000 visitors over nine days (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as that of the 2025 event, but last year’s show drew exhibitors from only about 67 countries. Boot once again confirmed its
- [Brazil Suspends 2026 School Bus Procurement](https://www.powersys.com/2026/02/brazil-temporary-suspends-2026-school-bus-procurement/) - FNDE, part of Brazil’s Ministry of Education, has revoked the purchase of approximately 7,500 school buses under the Programa Caminho da Escola scheduled for 2026.
- [Toyota Engine Plant To Resume Production in 2028](https://www.powersys.com/2026/02/toyota-engine-plant-to-resume-production-in-2028/) - Toyota’s engine manufacturing plant in Porto Feliz (SP), Brazil, will resume full production in 2028 after suffering structural damage in a storm in September 2025.
- [Koshin Launches Hybrid Energy Storage System](https://www.powersys.com/2026/02/koshin-launches-hybrid-energy-storage-system/) - Koshin plans to release its “Hybrid Power Storage System” in February 2026. The system combines a portable power station (BPS-24LD) and an inverter generator (GV-18iSD).
- [2026 R&D investment Plan Prioritizes Smart Ag](https://www.powersys.com/2026/02/government-2026-ag-rd-investment-plan-prioritizes-smart-ag/) - South Korea's Ministry of Agriculture, Food and Rural Affairs 2026 research and development investment plan for the agricultural sector reveals a policy to allocate budget resources primarily to the “smart agriculture” field, centered on robots, drones, and artificial intelligence (AI). The plan aims to address structural challenges in Korean agriculture, such as an aging population
- [India–Indonesia Auto Relationship Gains Strength](https://www.powersys.com/2026/02/india-indonesia-auto-engagement-gains-strategic-depth/) - The evolving auto relationship between India and Indonesia is increasingly defined by government-linked procurement and industrial collaboration rather than export activity.
- [Boot 2026 Shows Shift To Outboard Power](https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power-boats/) - Boot Düsseldorf 2026 welcomed more than 200,000 visitors (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as last year's event.
- [CATL Winning Shipping Electrification Race](https://www.powersys.com/2026/01/catl-winning-shipping-electrification-race/) - CATL’s batteries and energy management systems are operating in roughly 900 ships and vessels.
- [Canada Cuts Tariff on Chinese EVs 100%](https://www.powersys.com/2026/01/canada-cuts-tariff-on-chinese-evs-100/) - Canada has agreed to allow a maximum of 49,000 Chinese-made electric vehicles to enter the Canadian market annually at a most-favored-nation tariff rate of 6.1%.
- [2025 EV Motorcycle Promotion Project Continues](https://www.powersys.com/2025/12/government-continues-2025-ev-motorcycle-promotion-project/) - The South Korea government is continuing the "Electric Motorcycle Subsidy Program and Battery Swap Charging Facility Support Program," which was launched in spring 2025.
- [Construction Machinery Demand Could Hit 25,000 Units](https://www.powersys.com/2026/01/2026-construction-machinery-demand-could-hit-25000-units/) - The Indonesian Heavy Equipment Distributors Association (PAABI) forecasts an expansion in construction machinery demand in 2026, with a potential total of 23,000 to 25,000 units.
- [2026 Growth of 4.9% Seen in Truck Production](https://www.powersys.com/2026/01/2026-growth-of-4-9-seen-in-truck-production/) - Medium and heavy truck production in North America is expected to increase by 4.9% this year over 2025. Class 8 truck production is expected to increase by 6.1% this year.
- [Sodium-Ion Battery Cell Cost Could Drop to $40/kWh](https://www.powersys.com/2026/01/sodium-ion-battery-cell-cost-could-drop-to-40-kwh/) - A report from the International Renewable Energy Agency (IRENA) notes that while it is still uncertain whether sodium-ion batteries (SIB) will become a disruptive alternative to lithium-ion (LIB) technology, they could offer significant cost-saving opportunities in applications such as electric vehicles and large-scale energy storage. SIBs hold a potential advantage over LIBs due to the
- [Tesla's 2025 Europe Data Shows Total Bloodbath](https://www.powersys.com/2026/01/teslas-2025-europe-data-shows-total-bloodbath/) - The data is in for Tesla’s full year 2025 in Europe, and every market in Europe showed a substantial decline (ranging from -4.1% to -66.9%).
- [Government Program To Help Truck Industry](https://www.powersys.com/2026/01/government-program-to-help-truck-industry/) - The Brazilian government has launched the Move Brazil Program, a credit support of approximately USD $2.0 billion to support the domestic truck manufacturing industry.
- [2026 Brazilian Vehicle Market Projected To Grow 3%](https://www.powersys.com/2026/01/2026-brazilian-vehicle-market-projected-to-grow-3/) - Brazil's total new vehicle market in 2026 will grow by approximately 3%, reaching around 2.7–2.8 million units in total sales across all segments compared with 2025.
- [Marine Hydrogen Engine Project Aims for 2028](https://www.powersys.com/2026/01/marine-hydrogen-engine-project-aims-for-2028/) - Kawasaki Heavy Industries, Yanmar Power Solutions, and Japan Engine Corporation (NEDO) have announced the start of land-based operation of marine hydrogen engines.
- [South Korea's Domestic Machine Tool Orders Cut 50%](https://www.powersys.com/2026/01/south-koreas-domestic-machine-tool-orders-cut-50/) - The South Korean media outlet Korea Economic Daily reported that domestic machine tool orders in the second half of 2025 were about half of what they were in the same period last year. Through November 2025, domestic orders totaled US$474.93 million (697.4 billion won), nearly a 10% decrease from the previous year. In the second
- [These Drivers Boost Two-Wheeler Market](https://www.powersys.com/2026/01/these-drivers-boost-two-wheeler-market/) - India's two-wheeler market has re-entered a phase of strong recovery, marking one of the most encouraging periods for the segment in the post-pandemic cycle.
- [Delays in Agricultural Equipment Delivery Worsen](https://www.powersys.com/2025/12/delays-in-agricultural-equipment-delivery-worsen/) - The increase in 2025 rice prices has provided Japanese farmers with more financial flexibility, leading to a surge in demand for upgrades to agricultural machinery.
- [EPA Won't Delay 2027 NOx Rule, Plans Changes](https://www.powersys.com/2025/12/epa-wont-delay-2027-nox-rule-plans-changes/) - The U.S. Environmental Protection Agency is moving forward with the 2027 timeline for its heavy-duty NOx rule—set to take effect with the 2027 MY—but says changes are in store.
- [EU-US Trade Deal Threatens European Production](https://www.powersys.com/2025/12/eu-us-trade-deal-threatens-european-production/) - High US tariffs are severely hurting Europe’s export-oriented industrial sector. Experts warn the deal has increased EU's dependency on critical raw materials.
- [Yanmar Triples Indaiatuba Factory Size](https://www.powersys.com/2025/12/yanmar-triples-indaiatuba-factory-size/) - Yanmar plans to build a manufacturing plant in Indaiatuba, São Paulo. The facility will occupy 140,000 square meters — triple the area of the current unit.
- [EV Motorcycle Market Rapidly Expanding](https://www.powersys.com/2025/12/vietnams-ev-motorcycle-market-rapidly-expanding/) - According to statistics from the Vietnam Association of Motorcycle Manufacturers (VAMM) and other motorcycle data, gasoline motorcycle sales are slowing while electric two-wheelers are expanding rapidly. In the third quarter of 2025, the five VAMM member companies (Honda, Yamaha, Piaggio, Suzuki, and SYM) sold a total of 620,000 units, which is a 9.37% decrease compared
- [Heli Breaks Ground for Factory in Thailand](https://www.powersys.com/2025/12/heli-breaks-ground-for-factory-in-thailand/) - Heli Industrial Vehicles (Thailand) Co., Ltd.'s has broken ground for its industrial vehicle assembly and lithium battery pack production factory in Chonburi, Thailand.
- [Ford Uses Revised Strategy for Success](https://www.powersys.com/2025/12/ford-uses-recalibrated-strategy-for-sustainable-success/) - Ford's decision to re-enter the Indian market marks one of the most significant strategic changes in the auto industry this year.
- [Volvo Launches Dump Truck with 55-Ton Capacity](https://www.powersys.com/2025/12/volvo-launches-articulated-dump-truck-with-55-ton-capacity/) - Volvo CE has introduced in Brazil the A60 that offers a payload capacity of 55 000 kg and a dump body volume of 33.6 cubic meters.
- [Eletra Starts In-House BEV Bus Chassis Assembly](https://www.powersys.com/2025/12/14679/) - Eletra announced an investment of BRL 40 million (approximately US$ 7 million) to build a new in-house chassis assembly line in São Bernardo do Campo (SP) .
- [EV Sales Growth Has Slowed](https://www.powersys.com/2025/12/ev-sales-have-not-fallen-or-slumped-despite-some-reports/) - EV sales used to grow at 50%+ per year, but for the last couple years, they have grown closer to about 25% per year.
- [Renewables and AI Rapidly Changing Energy Future](https://www.powersys.com/2025/12/renewables-and-ai-rapidly-transforming-worlds-energy-future/) - The International Energy Agency (IEA) says renewables and AI are reshaping the world’s energy future, and that transformation is happening faster than anyone expected.
- [China's Diesel Trucks Shifting To Electric](https://www.powersys.com/2025/12/chinas-diesel-trucks-shifting-to-electric/) - China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport.
- [Spain Doubles Down on Hydrogen Transport](https://www.powersys.com/2025/12/spain-doubles-down-on-hydrogen-transport/) - The European Commission’s latest funding decision for alternative fuels infrastructure landed with a strange twist. On paper, the bloc approved support for 38 new hydrogen refueling stations spread across the continent.
- [Ford India Revises Strategy for Sustainable Success](https://www.powersys.com/2025/12/ford-india-uses-recalibrated-strategy-for-sustainable-success/) - Ford Motor Company’s decision to re-enter the Indian market marks one of the most closely watched developments in the auto industry this year. Ford exited India's mass-market operations in 2021.
- [Ag Equipment Assistance Program Aids Farmers](https://www.powersys.com/2025/11/ag-equipment-assistance-program-aids-farmers/) - The Indonesian Ministry of Agriculture is leading a nationwide initiative to provide local farmers and agricultural organizations with agricultural machinery, including rice transplanters, combine harvesters, dryers and packaging machines, free of charge, using national budget funds. The goal is to address labor shortages and improve production efficiency, with the aim of achieving self-sufficiency and improving
- [Trucking Recovery To Be Driven by Supply Side?](https://www.powersys.com/2025/11/trucking-market-recovery-will-be-driven-by-supply-side/) - The signs of a freight recovery that appeared early this year are gone, replaced by a tough market where recovery will have to come from a supply-side correction, American Trucking Associations' Chief Economist Bob Costello said at ATA's 2025 Management Conference & Exhibition in San Diego. Costello delivered a blunt and sobering economic warning: new
- [GM Ends Hydrogen Fuel Cells For Vehicles](https://www.powersys.com/2025/11/gm-ends-hydrogen-fuel-cells-for-vehicles/) - GM's’ decision to end development of its next generation Hydrotec fuel cells for vehicles marks the close of a long, careful experiment.
- [J-ENG Launches Marine Engine Fueled by Ammonia](https://www.powersys.com/2025/11/j-eng-launches-marine-engine-fueled-by-ammonia/) - Japan Engine Corporation (J-ENG) has announced the completion of its first full-scale ammonia-fueled engine. The engine is due to be shipped to Japan Marine United (JMU)'s Ariake Works for installation on an ammonia-fueled ammonia carrier (AFMGC) which is currently under construction at the facility. The vessel is scheduled to enter service in November 2026. Source:
- [Agritechnica 2025: The Rise of Smart, Hybrid Efficiency](https://www.powersys.com/2025/11/agritechnica-2025-the-rise-of-smart-hybrid-efficiency/) - The Agritechnica 2025 trade show, held under the guiding theme "Touch Smart Efficiency," cemented the industry's focus on integrating digital intelligence with advanced hardware to achieve higher yields while ensuring environmental and economic sustainability. The primary trend was the transition of alternative power and robotics from concepts into commercially available, high-performance machinery. The 2025 show
- [Take-Aways from Trump Meeting with Chinese](https://www.powersys.com/2025/11/takeaways-from-trumps-meeting-with-chinese-leader-xi/) - In October, the Chinese government introduced new export controls on the export of rare earths which are critical to many aspects of modern life such as computers.
- [China EV Battery Has Range of 620 Miles](https://www.powersys.com/2025/11/china-ev-battery-has-range-of-620-miles/) - China has developed EV battery technology using all-solid-state batteries that may be the key to unlocking longer range, faster charging, and overall, more EVs.
- [Brazil, Colombia Renew 2026 Free Trade Quota](https://www.powersys.com/2025/11/brazil-colombia-renew-2026-free-trade-quota/) - Brazil and Colombia have agreed to extend for 12 months the bilateral automotive quota allowing duty-free export of up to 50,000 Brazilian vehicles per year. The mechanism, which had expired in September, risked reinstating a 16.1% import tariff on Brazilian ICE and flex-fuel passenger vehicles entering the Colombian market from 2025 onward. From January to
- [Stellantis Exports Ram Rampage from Brazil to Europe](https://www.powersys.com/2025/11/stellantis-exports-ram-rampage-from-brazil-to-europe/) - Stellantis has begun exporting the Brazil-made Ram Rampage to Europe. It's the first Ram vehicle developed and manufactured outside North America to reach the continent.
- [Ford To Build Hybrid Ranger with Flex-Fuel Engine](https://www.powersys.com/2025/11/ford-to-build-hybrid-ranger-with-flex-fuel-engine/) - Ford plans to build a Ranger PHEV in Brazil in 2027 with a 2.3-liter turbo flex-fuel engine combined with an electric motor and a rechargeable battery.
- [South Korea Promotes EV Forklift Adoption](https://www.powersys.com/2025/11/south-korea-pushes-promotion-of-ev-forklift-adoption/) - The South Korea government is promoting the use of electric forklifts and standardized safety equipment.
- [China Pushes Into South American Market](https://www.powersys.com/2025/11/china-pushes-into-south-american-market/) - Lingong Heavy Machinery expanded its globalization strategy in South American with the opening of its plant in Indaiatuba, São Paulo State, Brazil.
- [Auto Sector Driven by 2Ws, Stable PV Demand](https://www.powersys.com/2025/11/auto-sector-driven-by-2ws-stable-pv-demand/) - India’s auto sector delivered a resilient performance in H1 FY26 (April–September 2025), supported by healthy two-wheeler volumes and steady passenger-vehicle demand.
- [Chinese Battery Could Extend Life by 9,000 Hours](https://www.powersys.com/2025/11/chinese-battery-could-extend-lithium-cell-life-by-9000-hours/) - Chinese scientists have developed a new battery system that could enable lithium cells to operate safely for thousands of hours.
- [China EV Battery Has Range of 620 Miles](https://www.powersys.com/2025/11/china-all-solid-state-ev-battery-has-range-of-620-miles/) - All-solid-state batteries may be the key to unlocking longer range, faster charging, and more efficient EVs. China has made breakthroughs in new EV battery tech.
- [Mahindra Starts Construction of AG Equipment Plant](https://www.powersys.com/2025/10/mahindra-starts-construction-of-ag-equipment-plant/) - Mahindra Brazil has started construction of its new manufacturing facility in Dois Irmãos (RS). The plant will triple production capacity from 3,000 to 9,000 tractors/year.
- [Why Electrifying Motorcycles In India Is Important](https://www.powersys.com/2025/10/why-electrifying-motorcycles-in-india-is-important/) - 2W mobility in India represents over 70% of all mobility in India and accounts for 60% of gasoline consumption. Motorcycle sales are twice the scooter sales in India.
- [Jack Prince Joins Power Systems Research](https://www.powersys.com/2025/10/jack-prince-joins-power-systems-research/) - Jack Prince has joined Power Systems Research as a business development manager. He'll be working out of the Ann Arbor, MI, office. Jack brings over 25 years of business development and commercialization experience to the global automotive and mobility industries. He uses research and data to help clients identify market opportunities and improve business efficiency
- [Q3 2025 Truck Production Index (PSR-TPI) Falls -8.5%](https://www.powersys.com/2025/10/q3-2025-truck-production-index-psr-tpi-falls-8-5/) - The Power Systems Research Truck Production Index (PSR-TPI) dropped -8.5%, for the three-month period ending Sept. 30, 2025, from Q2 2025. The year-over-year loss for the PSR-TPI was -1.8%.
- [Green Construction Equipment Sees Growth](https://www.powersys.com/2025/10/green-construction-equipment-sees-growth/) - In China this year, green construction machinery is seeing rapid growth, and demand across multiple scenarios is becoming unmistakable.
- [GST 2.0 Could Be Fiscal Reset for Auto Industry](https://www.powersys.com/2025/10/gst-2-0-could-be-fiscal-reset-for-auto-industry/) - The Indian auto industry has received a significant boost with the rollout of GST 2.0, a tax change aimed at restoring affordability and stimulating consumption.
- [China's LiuGong To Invest in Factory in West Java](https://www.powersys.com/2025/10/chinas-liugong-to-invest-in-factory-in-west-java/) - LiuGong Indonesia, the subsidiary of the Chinese OEM LiuGong, said it will build a factory in West Java, which will have an annual production capacity of 5,000 units.
- [U.S. Tariffs Up To 50% Impact South Korea Exports](https://www.powersys.com/2025/10/u-s-tariffs-up-to-50-impact-sk-exports/) - SOUTH KOREA REPORT The U.S. Department of Commerce has announced tariffs of up to 50% on 407 steel and aluminum derivative products from South Korea. The department's Bureau of Industry and Security said this measure would apply to hundreds of products, including wind turbines and their components, mobile cranes, bulldozers, railway vehicles, furniture, compressors and
- [Kawasaki Launches Hybrid Hydrogen Engine](https://www.powersys.com/2025/10/kawasaki-launches-hybrid-hydrogen-engine/) - Kawasaki Heavy Industries has launched a generator engine that runs on a mixture of natural gas and hydrogen. This is the world's first product of its kind to be launched.
- [Stellantis Produces Dakota Pickup in Argentina](https://www.powersys.com/2025/10/stellantis-produces-dakota-pickup-in-argentina/) - Stellantis is producing the Dakota pickup at its plant in Córdoba, Argentina, with market launch in Brazil expected for 2026.
- [VW Completes Plant Updates for Mid-compact Pickup](https://www.powersys.com/2025/10/vw-completes-plant-updates-for-mid-compact-pickup/) - VW has updated its São José dos Pinhais (PR) plant to produce a new mid-compact pickup, positioned to compete directly with Fiat Toro.
- [Cummins Brazil Introduces QSF 4.5 Engine](https://www.powersys.com/2025/10/cummins-brazil-introduces-qsf-4-5-engine/) - Cummins Brazil has introduced the QSF 4.5 electronic diesel engine for soil and asphalt compaction applications.
- [MODX 70 Offers Luxury and Eco-Responsible Sailing](https://www.powersys.com/2025/10/modx-70-offers-luxury-and-eco-responsible-sailing/) - The MODX 70 is the winner of the 2025 Multihull of the Year award for its advanced, intelligent vision of zero-carbon sailing.
- [Carmakers on Track To Meet EU CO2 Requirements](https://www.powersys.com/2025/10/carmakers-on-track-to-meet-eu-co2-requirements/) - Euro carmakers sold 38% more EV cars this year, ensuring that all but Mercedes-Benz are on track to comply with the EU’s 2025–27 emission targets.
- [US Threatens Tariffs After China's Rare Earth Curb](https://www.powersys.com/2025/10/trump-threatens-massive-tariffs-after-chinas-rare-earth-curb/) - President Trump is threatening new tariffs (at 100%), after China introduced new restrictions on exports of rare earths and related technology.
- [Hitachi Powers Site with Hydrogen Gen-set](https://www.powersys.com/2025/10/hitachi-powers-site-with-hydrogen-gen-set/) - Hitachi has deployed its first-ever customer HyFlex hydrogen fuel cell (HFC) generator in Rotterdam, where the generator will replace a diesel generator.
- [50% Tariff Turns European Machinery into Gold](https://www.powersys.com/2025/09/50-tariff-turns-european-machinery-into-golden-bureaucracy/) - In recent weeks, the US has expanded its 50% tariff on steel and aluminum to over 400 derivative products, creating a new, complex trade landscape with the EU. This goes beyond raw materials and now includes a wide array of manufactured goods. The EU has a new deal with the US, which introduces a 15%
- [Scania China Wins Key Production Approval](https://www.powersys.com/2025/09/scania-china-wins-key-production-approval/) - CHINA REPORTBy Jack Hao, Senior Research Manager - China Scania Manufacturing (China) Co., Ltd., has officially obtained stand-alone manufacturing qualifications in China. This change represents a major milestone in Scania deepening its localized footprint. The move was noted recently when the Ministry of Industry and Information Technology released the “Road Motor Vehicle Manufacturers and Products
- [Another Major Automaker Is Abandoning Big EV Plans](https://www.powersys.com/2025/09/another-major-automaker-is-abandoning-big-ev-plans/) - Volkswagen’s luxury sports car brand, Porsche, has announced that it no longer plans to build EV batteries in-house.
- [When Will Battery Prices Fall, and By How Much?](https://www.powersys.com/2025/09/when-will-battery-prices-fall-and-by-how-much/) - Battery cell prices have already fallen significantly, a trend that is expected to continue. This could promise battery costs of less than half of their current costs.
- [CATL Launches World's First LFP Battery: 470+ Mile Range, Fast Charging](https://www.powersys.com/2025/09/catl-launches-worlds-first-lfp-battery-470-mile-range-fast-charging/) - At the Munich Motor Show, CATL introduced its Shenxing Pro, deeming it “the world’s first LFP battery to deliver a 758 km WLTP range.”
- [India's EV Pickup Market Could Set India's EV Future](https://www.powersys.com/2025/09/indias-ev-pickup-revolution-could-set-countrys-ev-future/) - India's EV market is growing steadily at 24-25% annually, but from a surprisingly small base — EVs represent just 2.5% of all vehicles sold in 2024. However, electric pickup trucks.
- [Is New China Battery 2X as Powerful as Tesla Cell?](https://www.powersys.com/2025/09/is-new-china-battery-2x-as-powerful-as-tesla-cell/) - Researchers at Tianjin University reportedly have made a battery with an energy density of over 600 watt-hours per kilogram, twice as much energy as Tesla’s most advanced electric vehicle battery.
- [Truck Demand Expected To Remain Soft into 2026](https://www.powersys.com/2025/09/truck-demand-expected-to-remain-soft-into-2026/) - How things have changed. Less than a year ago the industry was gearing up for a huge 2026 class 8 truck pre-buy ahead of the phase 3 GHG emission regulations that would add significant cost to the price of a truck. Road freight was expected to rebound after the post covid freight recession, and the
- [Brazil Vehicle Exports Hit Highest Level in Seven Years](https://www.powersys.com/2025/09/brazil-vehicle-exports-hit-highest-level-in-seven-years/) - By the month of August 2025, Brazil's automotive exports reached 57,100 vehicles, marking the highest monthly level since June 2018. This figure represents a 19.3% increase over July and a 49.3% increase compared to August 2024. Argentina played a pivotal role, accounting for 59% of the country's annual exports. From January to August, total exports
- [August Brazil Truck Production Below 2024](https://www.powersys.com/2025/09/august-brazil-truck-production-below-2024/) - Brazilian truck production declined in August 2025, with production at 10,096 units, down 16.3% from July (12,058 units) and down 22.9% compared to August 2024 (13,101 units).
- [São Paulo Adopts Biomethane in Bus Fleet](https://www.powersys.com/2025/09/sao-paulo-adopts-biomethane-in-bus-fleet/) - Sao Paulo, the biggest city in Americas with biggest bus fleet, has started to use of biomethane as fuel in the city’s public transport fleet and garbage collection vehicles.
- [Sharing of EV Battery Data Supported by METI](https://www.powersys.com/2025/09/sharing-of-ev-battery-data-supported-by-meti/) - Japan's Ministry of Economy, Trade and Industry says it will support an industry-wide system for sharing information on the degradation status of EV batteries.
- [Proton Builds First EV Plant in Malaysia](https://www.powersys.com/2025/09/proton-builds-first-ev-plant-in-malaysia/) - Proton, Malaysia's national car brand, opened its first EV factory in the state of Perak. The factory has an annual production capacity of 20,000 units, which can be expanded to 45,000. Construction of the factory costs a total of 82 million ringgit (approximately $19.47M). Proton receives technical support from its major shareholder, Zhejiang Geely Holding
- [New GST Is Game Changer for Autos, Tractors](https://www.powersys.com/2025/09/new-gst-is-game-changer-for-autos-tractors/) - New India tax revisions will significantly lower GST rates across multiple vehicle and farm equipment categories, including tactors and small cars.
- [Dongfeng Plans To Sell 50% Stake in Honda Engine](https://www.powersys.com/2025/08/dongfeng-plans-to-sell-50-stake-in-honda-engine/) - Dongfeng Motor Group plans to sell its 50% stake in Dongfeng Honda Engine Co., Ltd. Joint venture with Honda Motor Co., according to Guangdong United Property and Equity Exchange.
- [GST Reform Is Big Opportunity for OEMs](https://www.powersys.com/2025/08/gst-reform-is-big-opportunity-for-oems/) - India is targeting the Goods and Services Tax (GST) structure. The proposal would slash GST on small cars and two-wheelers from 28% to 18%
- [Vietnam Shifts To EV Motorcycles](https://www.powersys.com/2025/08/vietnam-shifts-to-ev-mcs-under-government-leadership/) - Vietnam, known for its large number of motorcycles, is seeing controversy over its EV policy banning gasoline-powered motorcycles in certain areas of Hanoi.
- [South Korea, US Agree on 15% Tariffs](https://www.powersys.com/2025/08/south-korea-us-agree-on-15-tariff/) - The South Korean government has reached an agreement with the United States regarding tariff negotiations. Mutual and automobile tariffs will be reduced to 15%, which is the same rate as those of Japan and the European Union (EU). According to the Korea Trade and Investment Promotion Agency (KOTRA), automobiles are South Korea's leading export to
- [CEMA Sees 3% Decline in FY2025 Shipments](https://www.powersys.com/2025/08/cema-sees-3-decline-in-fy2025-construction-equipment/) - CEMA (The Japan Construction Equipment Manufacturers Association) said it expects domestic shipments of construction equipment in fiscal 2025 to decline 3% YOY to US$ 19.65 billion (2.8488 trillion yen). This reflects declining capital investment sentiment due to rising interest rates and the impact of the Trump administration's tariff policies. Exports are also expected to decline
- [Hitachi Construction Plans Regional HQ in Chile](https://www.powersys.com/2025/08/hitachi-construction-machinery-plans-regional-headquarters-in-chile/) - Hitachi Construction Machinery Co., Ltd. plans to establish a regional headquarters in Chile to oversee and expand its operations in Latin America.
- [Goiânia at Forefront of BEV Bus Transportation](https://www.powersys.com/2025/08/goiania-at-forefront-of-bev-bus-transportation/) - Goiânia (GO) in Brazil will become the first city in the world to operate a regular fleet of 100%-electric bi-articulated buses, ina partnership of Volvo and GreenMob Capital.
- [GWM Tests Hydrogen Truck in Brazil](https://www.powersys.com/2025/08/gwm-tests-hydrogen-truck-in-brazil/) - GWM has brought its Hydrogen powered by FTXT truck prototype to Brazil for tests at its Iracemápolis (SP) plant, coinciding with the factory’s inauguration Aug. 15, 2025. The vehicle combines a 105 kWh battery with 40 kg of hydrogen in onboard tanks feeding a fuel cell, producing only water vapor. Tests will begin in September,
- [EPA Plans To Drop Phase 3 Emission Regulations](https://www.powersys.com/2025/08/epa-plans-to-drop-phase-3-emission-regulations/) - The Trump administration has proposed a draft rule rolling back the Greenhouse Gas Phase 3 rule, among the last of the Biden-era emissions regulations facing truckers.
- [BP Drops Hydrogen Plan in Australia](https://www.powersys.com/2025/08/bp-drops-hydrogen-plan-in-australia/) - BP first bought a 40.5% operating stake in the Australian Renewable Energy Hub project in 2022, and its share in the joint venture grew to 63.57% in recent years. The project would include the installation of up to 26 GW of solar and wind generation, much of which would have been used to produce green
- [Restructured Water Boosts Electrolysis Efficiency](https://www.powersys.com/2025/08/magnetic-field-restructures-water-to-boost-electrolysis-efficiency/) - Chinese researchers have showed that they have cranked current density up by 15.4% under industrial alkaline electrolysis conditions.
- [Fortescue Cancels Flagship Hydrogen Projects](https://www.powersys.com/2025/08/fortescue-cancels-flagship-hydrogen-projects/) - Fortescue’s recent decision to abandon two major hydrogen-for-energy projects serves as an important signal for policymakers around the world.
- [Tesla Sales in Europe Are in Free-fall](https://www.powersys.com/2025/08/tesla-sales-in-europe-are-in-free-fall/) - Tesla sales in Europe are continuing to decline rapidly. The numbers for July show Tesla registrations are down 41.6% despite EV sales surging across the continent.
- [BYD Delivers 90,000 vehicles to Thailand in three years](https://www.powersys.com/2025/07/byd-delivers-90000-vehicles-to-thailand-in-three-years/) - BYD announced that it has delivered 90,000 vehicles to the Thai passenger car market since entering it three years ago.
- [US-EU Tariff Talks Reach Tentative Agreement](https://www.powersys.com/2025/07/us-eu-tariff-tensions-a-looming-deadline/) - The US and the European Union have reached a tentative trade agreement to avert a full-blown trade war as an Aug. 1, 2025, deadline for new US tariffs approaches.
- [Europe Agricultural Machinery Business Sees Dip](https://www.powersys.com/2025/07/europe-agricultural-machinery-business-sees-dip/) - The European agricultural machinery industry's business climate index slightly dropped for the second consecutive month, reaching 0 points in July from +4.
- [Ethiopia Updates ICE Vehicle Import Ban](https://www.powersys.com/2025/07/ethiopia-updates-ice-vehicle-import-ban-includes-skd-and-ckd-kits/) - Over a year ago, Ethiopia became effectively the first country in the world to ban the import of internal combustion engine vehicles. This was an immediate ban on the import of all ICE cars. The motivation wasn’t environmental, but economic: A high fossil fuel import bill of over US$5 billion a year, was taking a
- [Heavy Truck Group Joins Forces with Toyota](https://www.powersys.com/2025/07/heavy-duty-truck-group-signs-cooperation-pact-with-toyota/) - China National Heavy Duty Truck Group and Toyota Motor Corporation signed a strategic cooperation agreement on April 25, at Toyota's headquarters in Nagoya, Japan. Toyota Motor Corporation possesses world-leading hydrogen fuel cell technology, and China National Heavy Duty Truck Group is a leading enterprise in China's commercial vehicle industry. The hydrogen fuel cell tractor jointly
- [Marine Exhibition 2025: Industry Collaboration and Innovation](https://www.powersys.com/2025/07/marine-exhibition-2025-industry-collaboration-and-innovation/) - Read the complete Show Report hereThe Electric & Hybrid Marine Exhibition 2025 held June 24 - 26, 2025 featured increased corporate collaboration and demonstrated a focus on sustainability, the adoption of immersive technologies, and enhanced connectivity. These development trends were built on a collaborative approach to maritime electrification and decarbonization and reflect incremental improvements as
- [Repsol Cancels 200MW Green Hydrogen Project](https://www.powersys.com/2025/07/repsol-cancels-200mw-green-hydrogen-project/) - Repsol has hit the brakes on its ambitious 200MW green hydrogen project in Puertollano, Spain, pulling the plug due to a mix of economic and technical hurdles.
- [Rare-Earth Metal that Increases Battery Energy Density Identified](https://www.powersys.com/2025/07/rare-earth-metal-that-increases-battery-energy-density-identified/) - Researchers at McGill University in Canada have increased a battery’s energy density by adding a rare-earth metal to an anode.
- [Maersk Institute Was Right About Ship Batteries](https://www.powersys.com/2025/07/maersk-institute-was-right-about-ship-batteries-but-wrong-on-price/) - In 2024 the Maersk McKinney Møller Center produced a study on battery-powered vessels, discussing battery-hybrid propulsion as an essential part of shipping.
- [Chinese Machinery Gains Market Share in Brazil](https://www.powersys.com/2025/07/chinese-machinery-gains-market-share-in-brazil/) - Chinese machinery now accounts for 30% of Brazil’s market, up from 18% a decade ago. The agricultural sector, now sees 13.2% of its machines coming from China.
- [Brazil Will Be Largest Mercedes Truck Market in 2025](https://www.powersys.com/2025/07/brazil-will-be-largest-mercedes-truck-market-in-2025/) - If current trends continue, Brazil is set to once again become Mercedes-Benz’s largest truck market worldwide, surpassing Germany as it did in 2023. This outlook was confirmed by Achim Puchert, global CEO of Mercedes-Benz Trucks and former head of the Brazilian operation from 2022 to 2024. During a brief 12-hour visit to the São Bernardo
- [Evaluating Mahindra's Acquisition of SML Isuzu](https://www.powersys.com/2025/05/evaluating-mahindras-acquisition-of-sml-isuzu/) - Mahindra & Mahindra’s acquisition of a 58.96% stake in SML Isuzu marks a push to expand its presence in the intermediate and light commercial vehicle (ICV and LCV) segments.
- [Mitsubishi Logisnext To Electrify 90% of its Forklifts](https://www.powersys.com/2025/07/mitsubishi-logisnext-to-electrify-90-of-its-forklifts/) - Mitsubishi Logisnext plans to increase the electrification rate of its forklifts from approximately 60% to 90% by 2035. The company specializes in high-output engine vehicles.
- [Major Shipbuilder Secures U.S. Military Ship Orders](https://www.powersys.com/2025/07/major-shipbuilder-secures-u-s-military-ship-orders/) - South Korea is collaborating with the government and private sector to strengthen its ties with the U.S. in the shipbuilding industry. Major companies, such as HD Hyundai Heavy Industries, are establishing bases in the U.S., and the government is supporting efforts to train individuals. They are taking advantage of the Trump administration's push to revive
- [India's Used Car Market Shifts Toward Profitability](https://www.powersys.com/2025/07/used-car-market-shifts-toward-sustainable-profitability/) - India's used car market is reflecting a shift in consumer demand. After years of sluggish expansion, the segment grew 8% in FY25, with FY26 growth expected to reach 10%.
- [South Korea's LG Energy Withdraws Expansion Plans](https://www.powersys.com/2025/06/south-koreas-lg-energy-withdraws-expansion-plans/) - LG Energy Solution, a major company in South Korea, has withdrawn its investment plan for a materials factory, citing a slowdown in the EV market .
- [What Will Happen in Hino, Mitsubishi Fuso Merger?](https://www.powersys.com/2025/06/what-will-happen-in-hino-mitsubishi-fuso-merger/) - Hino Motors and Mitsubishi Fuso Truck and Bus Corporation havereached a final agreement to merge their operations in April 2026, but what will this mean?
- [Rolls-Royce Power Reports Record 2024 Results](https://www.powersys.com/2025/06/rolls-royce-power-systems-reports-record-2024-results/) - Rolls-Royce Power Systems posted record 2024 revenue of US$5.56 billion (€5.05 billion), . Adjusted operating profit jumped 40% to US$728.2 million (€662 million)
- [Brazil May Surpass Europe in Ag Machinery Sales](https://www.powersys.com/2025/06/deere-projects-brazil-to-surpass-europe-in-ag-machinery-sales/) - Deere & Company estimates that Brazil will become its second-largest global market within the next five to ten years, surpassing Europe in sales of tractors, harvesters, and other agricultural equipment. The forecast is based on the expansion of Brazilian agricultural production, particularly soybeans, corn, and sugarcane. According to Cristiano Correia, Vice President of Production Systems
- [2025 Brazil Trailer Production Declines](https://www.powersys.com/2025/06/2025-brazil-trailer-production-declines/) - The National Association of Road Implement Manufacturers (Anfir) reports the Brazil trailer industry posted a 2.4% decline in registrations during the January–May 2025 period, compared to the same period of 2024.
- [Sodium Batteries: Another Sign EVs Here To Stay](https://www.powersys.com/2025/06/sodium-batteries-yet-another-sign-evs-are-here-to-stay/) - The rising demand for zero-emission mobility goes beyond preventing a catastrophic climate crisis. EVs are a better fit for the electrified lifestyle of the 21st century.
- [Critical Minerals Concentrated in Few Countries](https://www.powersys.com/2025/06/critical-minerals-for-clean-energy-concentrated-in-few-countries/) - The world's sources of critical minerals are increasingly concentrated in just a few countries, most notably China, leaving the global economy vulnerable to supply cutoffs.
- [IEA Global Outlook Shows U.S. Falling Behind On EVs](https://www.powersys.com/2025/06/iea-global-outlook-shows-u-s-falling-behind-on-evs/) - According to the IEA (International Energy Agency), the USA is moving backwards while the rest of the world continues to move forward in the adoption of EVs.
- [Will Hydrogen Fuel Cell Trucks Follow Car Storyline?](https://www.powersys.com/2025/06/will-hydrogen-fuel-cell-trucks-follow-car-storyline-2/) - A decade ago, many people believed hydrogen fuel cells were the future, not battery-electric cars. Now, the market has decided that hydrogen-powered cars do not make sense.
- [2025 Russia Heavy Truck Sales Expected to Decline](https://www.powersys.com/2025/06/2025-russia-heavy-truck-sales-expected-to-decline/) - Sales of heavy trucks in Russia in 2025 may decline by 23% year-on-year to 85,000 units, according to one Russian truck producer.
- [Changan Solid-State Battery Increases Range](https://www.powersys.com/2025/06/changan-solid-state-battery-increases-range/) - Chinese automaker Changan reportedly has developed a solid-state battery that will allow electric cars to travel up to 932 miles without needing to be recharged.
- [Will Hydrogen Fuel Cell Trucks Follow Car Storyline?](https://www.powersys.com/2025/06/will-hydrogen-fuel-cell-trucks-follow-car-storyline/) - In the last decade or so, the market apparently has decided that hydrogen-powered cars do not make sense, and they can’t compete in the market as a result.
- [Report Shows U.S. Falling Behind On EVs](https://www.powersys.com/2025/06/report-shows-u-s-falling-behind-on-evs/) - A recent report from the IEA (International Energy Agency), USA is moving backwards while the rest of the world continues to move forward.
- [Critical Mineral Supplies Concentrated in Few Countries](https://www.powersys.com/2025/06/critical-mineral-supplies-concentrated-in-few-countries/) - The world's sources of critical minerals are increasingly concentrated in just a few countries, most notably China, leaving the global economy vulnerable to supply cutoffs that could disrupt economies and hit consumers with higher prices, a report from International Energy Agency (IEA) has stated. The report looked at the availability of minerals and metals that
- [Sodium Batteries Are Sign EVs Are Here To Stay](https://www.powersys.com/2025/06/sodium-batteries-are-sign-evs-are-here-to-stay/) - EVs are a better fit for the connected, electrified lifestyles; they are more useful for weathering power outages, and they are more adaptable to the needs of fleet managers.
- [GM Halts Hydrogen Fuel Cell Plant](https://www.powersys.com/2025/06/gm-halts-hydrogen-fuel-cell-plant-amid-market-uncertainty/) - GM has paused its hydrogen fuel cell manufacturing facility in Detroit, MI. The $55 million factory was expected to play a major role in GM’s alternative fuel plans.
- [Lithium Metal Extraction May Increase Efficiency](https://www.powersys.com/2025/06/lithium-metal-extraction-may-increase-efficiency/) - Researchers at Penn State University claim to have developed a high-efficiency method for extracting lithium metal from the mineral spodumene.
- [BMW Testing EVs with All-Solid-State Batteries](https://www.powersys.com/2025/06/bmw-testing-evs-with-all-solid-state-batteries/) - The first BMW EVs powered by all-solid-state batteries are now being tested, promising longer driving range at a lower cost.
- [2021 Global Economic Outlook](https://www.powersys.com/2021/07/2021-global-economic-outlook/) - Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, analyzes the Global economic outlook by region and industry segment. Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont From Power Systems Research I'm Joe Delmont, an editor of PSR PowerTALK. Today we'll talk with Yosyf Sheremeta about his
- [CATL Next Generation Batteries Coming Soon](https://www.powersys.com/2025/05/catl-next-genation-batteries-coming-soon/) - A few weeks ago, BYD announced new battery technology that allows electric cars to recharge in about 5 minutes. This month, at the annual Shanghai Auto Show, CATL fired back with fast charging news of its own. It claims its second generation Shenxing battery can add 520 kilometers (323 miles) of range in just five
- [China Truck Group, Toyota Motor Sign Development Pact](https://www.powersys.com/2025/05/china-truck-group-toyota-motor-sign-development-pact/) - Last month, China National Heavy Duty Truck Group and Toyota Motor Corporation signed a strategic cooperation agreement to develop hydrogen powered commercial vehicles. China is a market with great potential for the promotion and popularization of hydrogen energy, and long-haul heavy-duty logistics vehicles are an important application scenario that highly matches hydrogen energy. Toyota Motor
- [Komatsu Reports $650 Million USD Impact of US Tariffs](https://www.powersys.com/2025/05/komatsu-reports-650-million-usd-impact-of-us-tariffs/) - Komatsu announced that its consolidated net income for the fiscal year ending March 2026 is expected to decrease by 30% year on year to 309 billion yen. This is lower than the market forecast of 403 billion yen. The U.S. administration's tariff policy will have a negative impact of $650 Million USD (94.3 billion yen).
- [Japan Engine Conducts Final Tests on Ammonia Marine Engine](https://www.powersys.com/2025/05/japan-engine-conducts-final-tests-on-ammonia-marine-engine/) - Japan Engine Corporation, a manufacturer of marine engines, says it has begun final testing of a new engine that uses a fuel mixture of ammonia and heavy fuel oil. The testing involves running the engine alone in a factory to confirm safety and to check for abnormal behavior. Testing is expected to be completed by
- [KTM Grapples with Restructuring Efforts](https://www.powersys.com/2025/05/ktm-grapples-with-restructuring-efforts/) - The KTM Group is navigating significant financial headwinds. Late November 2024 saw KTM AG enter a 90-day period of insolvency protection, burdened by approximately €3 billion in debt.
- [Layoffs Begin in the North American Truck Segment](https://www.powersys.com/2025/05/layoffs-begin-in-the-north-american-truck-segment/) - Both Volvo and International Truck have initiated layoffs this year due to sluggish orders and high production capacity in preparation for a potential 2026 truck pre-buy ahead of the phase 3 GHG Emission Regulations scheduled for implementation in 2027. Volvo Trucks North America plans to lay off up to another 350 workers from a Virginia
- [IMO Votes First-Ever Global Carbon Price on Shipping](https://www.powersys.com/2025/05/imo-votes-first-ever-global-carbon-price-on-shipping/) - The International Maritime Organization (IMO), a UN agency which regulates maritime transport, has voted to implement a global cap on carbon emissions from ocean shipping.
- [Aeson Power Unveils Sodium Battery Products](https://www.powersys.com/2025/05/aeson-power-unveils-sodium-battery-products/) - At EES Europe 2025, one of the leading events for the energy storage industry, Aeson Power debuted its sodium battery energy storage product line.
- [ASEAN Leaders Consider Tariff Response](https://www.powersys.com/2025/04/asean-leaders-consider-response-to-us-tariffs/) - The numbers vary greatly from country to country. This is strongly influenced by the geopolitical and economic intentions behind them. Broadly speaking, it seems that countries with strong economic and strategic ties to China have been given a higher tax rate as a form of sanction. Cambodia, Laos, Vietnam, and Myanmar are all examples of
- [Volvo Announces World's First Electric Articulated Hauler](https://www.powersys.com/2025/05/volvo-announces-worlds-first-electric-articulated-hauler/) - Vovlo's game-changing A30 Electric articulated hauler is the world’s first in a series production BEV in its class.
- [Renault Offers Solution for Battery Fires](https://www.powersys.com/2025/03/renaults-solution-for-battery-fires-available-to-everyone/) - Renault has devised a device to speed up the extinguishing of a burning electric car battery, and it is now licensed free to the entire automotive industry.
- [Three China-Owned Auto Companies Plan Merger](https://www.powersys.com/2025/04/three-state-owned-auto-companies-plan-reorganization/) - Three China government-owned automotive enterprises—FAW Group, Dongfeng Motor, and Changan Automobile will be combined to “build a world-class auto group.
- [AUTODATA Power Systems Research](https://www.powersys.com/2025/04/autodata-power-systems-research/) - Carlos Briganti, Managing Director South America Operations for Power Systems Research, participated in a major article on the future of diesel in trucks and buses in the March 2025, issue of AUTODATA.
- [France, Germany Endorse Electric Trucks](https://www.powersys.com/2025/04/france-germany-endorse-electric-trucks/) - French German representatives have declared that battery-electric trucks are not just viable—they’re the smart bet against hydrogen powered vehicles.
- [2-Wheelers Demand Crumbles Across European](https://www.powersys.com/2025/04/2-wheelers-demand-crumbles-across-european/) - Registrations of power 2-wheelers across the top 10 markets in Europe were down 19% in the first quarter of 2025 compared to the same period of 2024.
- [SME-Automate. Meet John Krzesicki](https://www.powersys.com/2025/04/sme-automate-meet-john-krzesicki/) - Automate 2025 (May 12–15, 2025) in Detroit, is North America's largest trade show and conference dedicated to automation, robotics, and artificial intelligence.
- [Europe Tesla (TSLA) Deliveries Down 43%](https://www.powersys.com/2025/04/europe-tesla-tsla-deliveries-down-43/) - The official numbers from European Automobile Manufacturers Association (ACEA) confirm that Tesla deliveries have crashed by 43% in Europe so far this year.
- [Magnesium Battery Offers Alternative To Lithium](https://www.powersys.com/2025/04/magnesium-battery-offers-alternative-to-lithium/) - Researchers at the University of Waterloo, Ontario, have developed a electrolyte system for magnesium anodes which may be a potential alternative to lithium-ion EV batteries.
- [UK Reconsidering Tesla Subsidies](https://www.powersys.com/2025/04/uk-reconsidering-tesla-subsidies/) - Following tariffs imposed by President Donald Trump, the UK is reconsidering its policy on electric vehicle subsidies, especially those provided to Tesla buyers.
- [Interest Rates Hurt Brazil Heavy Truck Production](https://www.powersys.com/2025/04/interest-rates-hurt-brazil-heavy-truck-production/) - Heavy truck production in Brazil fell 3.7% in Q1 2025 versus the same period in 2024, totaling 16,700 units. The decline is attributed to high interest rates.
- [Brazil Light Vehicle Exports Grow 41%](https://www.powersys.com/2025/04/brazil-light-vehicle-exports-grow-41/) - Vehicle exports from Brazil grew by nearly 41% in Q1 2025. Brazil auto industry shipped 115,600 units abroad, compared to 82,200 vehicles during the same period in 2024. Only in March, 38,900 vehicles were exported, up 19% year-over-year.
- [KG Motors To Mass-Produce Ultra-Compact EVs](https://www.powersys.com/2025/04/kg-motors-to-mass-produce-ultra-compact-evs/) - KG Motors, which manufactures and sells the ultra-compact "mibot" EV, is plans to mass production the unit, building 300 units in FY2025, and 10,000 units in FY2027.
- [Hyundai Motor Plans To Invest $21 Billion in US](https://www.powersys.com/2025/04/hyundai-motor-plans-to-invest-21-billion-in-us/) - Hyundai Motor plans to invest $21 billion in the U.S. over the next 4 years. It will increase its U.S. auto production capacity by 70% to 1.2 million vehicles annually.
- [Honda To Launch Electric Motorcycles in Vietnam](https://www.powersys.com/2025/04/honda-to-launch-electric-motorcycles-in-vietnam/) - Honda plans to launch an electric motorcycle in Vietnam this month. The suggested retail price is less than 29 million VND (about $1183) without battery.
- [Farm Mechanization Unlocks Productivity](https://www.powersys.com/2025/04/farm-mechanization-unlocks-productivity/) - Farm mechanization in India is steadily evolving from being tractor-centric to encompassing a broader range of machines and technologies aimed at improving agricultural productivity and efficiency. Traditionally, mechanization was equated with the use of tractors, which replaced bullocks in tillage, sowing, and transport operations. The tractor gave Indian farmers a reliable source of power, allowing
- [South Korea Considers Tariff Bargaining Chips](https://www.powersys.com/2025/04/south-korea-considers-tariff-bargaining-chips/) - South Korea is considering ship building as a bargaining chip in tariff negotiations with the U.S. South Korea is the second largest shipbuilding nation after China.
- [US Tariffs Could Hurt Japan GDP](https://www.powersys.com/2025/04/us-tariffs-could-hurt-japan-gdp/) - The reciprocal tariff rate for Japan announced by the U.S. is 24%, which is an unexpectedly high level given the past relationship between the two countries
- [Trump Tariffs Impact NA Truck Market](https://www.powersys.com/2025/04/trump-tariffs-impact-na-medium-and-heavy-truck-market/) - Two goals for US trade tariffs: to bring more manufacturing jobs to the US and to negotiate more favorable trade agreements, could hurt the NA truck market.
- [Meet Us at Automec](https://www.powersys.com/2025/04/meet-us-at-automec/) - Automec, held in Sao Paulo April 22-26, 2025, is the leading event in Latin America in the Replacement and Repair sectors for light, heavy and commercial vehicles, and a team from Power Systems Research (PSR) will be there to report on the happenings. Event organizers expect more than 1,500 exhibitors and as many as 100,000
- [Agrishow 2025. We'll Be There.](https://www.powersys.com/2025/04/agrishow-2025-well-be-there/) - Agrishow (April 28 – May 2, 2025) is the biggest and most important agricultural technology trade show in Brazil and one of the largest in the world. Fabio Ferraresi, Director-Business Development-South America, for Power Systems Research (PSR), and Heitor Aguiari, Agricultural Analyst, will be at the fair. More than 195,000 attendees are projected to visit
- [FPT Industrial Supplies Agrale Engine](https://www.powersys.com/2025/03/fpt-industrial-supplies-agrale-engine/) - FPT Industrial has partnered with Agrale to supply the N60 CNG engine, powered by natural gas and biomethane, for the MA 11.0 GNV chassis.
- [Dutch OXBO Launches First Plant in Brazil](https://www.powersys.com/2025/03/dutch-oxbo-launches-first-plant-in-brazil/) - A new equipment factory was opened in Uberaba, Triângulo Mineiro, March 13. With an investment of US$ 50 million, it created about 70 direct jobs in its first year.
- [Brazil Vehicle Production Best Since 2021](https://www.powersys.com/2025/03/brazil-vehicle-production-best-since-2021/) - Brazil's vehicle production in the first two months of 2025 reached 393,000 units, the highest since 2021, marking a 15% increase compared to the same period in 2024.
- [US Losing Solid-State EV Battery Race](https://www.powersys.com/2025/03/us-losing-solid-state-ev-battery-race/) - Ilika is known for its micro-batteries, and the firm is now heading towards commercial production of its ”Goliath” solid-state EV battery with an assist from the UK government
- [US Trade War Upsets Battery Industry](https://www.powersys.com/2025/03/us-trade-war-causes-turbulence-in-battery-industry/) - The battery and energy storage industry is watching intently the pending trade war between the US and its trade partners.
- [Ford CEO Warns Tariffs Will Hurt US Auto Industry](https://www.powersys.com/2025/03/ford-ceo-warns-tariffs-will-hurt-us-auto-industry/) - Ford’s CEO Jim Farley says the extra costs of US tariffs would be “devastating” for the US auto industry.
- [Transportation Freedom Act Affects Emissions](https://www.powersys.com/2025/03/transportation-freedom-act-affects-emissions/) - A bill introduced in the U.S. Senate seeks to repeal heavy-duty emissions standards, eliminate new and existing emissions waivers, set national standards for emissions and more.
- [Hannover Messe + Power Systems Research](https://www.powersys.com/2025/03/hannover-messe-power-systems-research/) - Hannover Messe (March 31 – April 4, 2025) is the world's leading annual trade fair for industrial technology, and Dalibor Sablic, Director Business Development at Power Systems Research (PSR) will be there. More than 130,000 attendees are projected to visit the 4,000 exhibitors who are expected at the show. You can read show reports on
- [Bauma 2025. We'll Be There.](https://www.powersys.com/2025/03/bauma-2025-well-be-there/) - Bauma 25 in Munich April 7-13, 2025, will be the year's largest construction show, and a team from Power Systems Research (PSR) will be there to report on the happenings. Event organizers expect more than 3,500 exhibitors and as many as 600,000 attendees. You can read show reports on LinkedIn, powersys.com and in our PowerTALK
- [Kubota Plans Tractor Plant in India, Doubling Production](https://www.powersys.com/2025/03/kubota-plans-tractor-plant-in-india-doubling-production/) - Kubota plans to build a tractor factory in India, open that will be operational by 2030. The annual production volume will double the current volume.
- [Kia To Offer Corporate Clients Custom EVs](https://www.powersys.com/2025/03/kia-to-offer-corporate-clients-custom-evs/) - Kia is launching a new range of EVs that can be easily modified to meet different interior and design needs and will begin selling a mid-size van in Korea in July.
- [Notes on Jakarta Construction Equipment Market](https://www.powersys.com/2025/03/notes-on-jakarta-construction-equipment-market/) - Editor’s Note: For a brief period from Feb. 8 - 12, I visited the Indonesian capital, Jakarta, and conducted interviews with several people involved in the construction equipment industry. Here is a summary of the country and the stories I heard from industry experts. Country Profile: Population 280 million, median age 29.7, and 90% of
- [Baidu, CATL Plan Ecosystem for Unmanned Driving](https://www.powersys.com/2025/03/baidu-catl-plan-ecosystem-for-unmanned-driving/) - Baidu and CATL say they will collaborate on unmanned driving and digital intelligence to promote unmanned driving services and industrial AI applications. The cooperation is expected to leverage the advantages of both companies, including CATL's battery, swapping, and skateboard chassis technologies for unmanned vehicle development, and to explore competitive products and business models to enhance
- [US Tariffs Pressure India Automotive Sector](https://www.powersys.com/2025/03/us-tariffs-pressure-india-automotive-sector/) - The US administration has been pressuring India to reduce its import tariffs on cars, but India remains cautious about making drastic changes.
- [Wärtsilä Reports Strong Growth in 2024](https://www.powersys.com/2025/03/wartsila-reports-strong-growth-in-2024-positive-outlook-for-2025/) - Wärtsilä, a marine and energy technology provider, saw a 34% increase in Q4 2024 sales and 14% growth for the full year. Q4 net sales were EUR 1,854 million.
- [PSR's Coronavirus Special Report](https://www.powersys.com/2020/05/psrs-coronavirus-special-report/) - Power Systems Research has created a Coronavirus Special Report detailing the impact of COVID-19 on the global production of Off-Highway and Medium/Heavy Truck Engine and Equipment in 2020. PSR - Coronavirus Special ReportDownload
- [PSR/JCB Power Systems Construction Outlook Webinar](https://www.powersys.com/2020/12/psr-jcb-power-systems-construction-outlook-webinar/) - On November 30th, Power Systems Research with JCB Power Systems presented a webinar providing the 2021 outlook for construction equipment production and engine emissions trends in North America, South America and Europe.
- [Outdoor Power Equipment To Grow 5.3%](https://www.powersys.com/2022/09/outdoor-power-equipment-forecast-to-grow-5-3/) - Power Systems Research (PSR) projects the global outdoor power equipment market to grow from $34.01 billion in 2021 to $48.91 billion by 2028, a CAGR of 5.34% over the forecast period. The outdoor power equipment market includes consumer and commercial lawn mowers, chain saws, leaf blowers, and other motorized equipment used in the upkeep of
- [Sanlorenzo, Volvo Penta Collaborate](https://www.powersys.com/2025/02/sanlorenzo-volvo-penta-collaborate-for-sustainable-yachting/) - The Italian superyachts manufacturer Sanlorenzo and Volvo Penta plan to integrat the Volvo Penta’s IPS Professional Platform into the new SX120 and SX132 superyachts.
- [Recycled Battery Metals Important for Europe EVs](https://www.powersys.com/2025/02/recycled-battery-metals-important-for-europes-evs/) - Recycling could enable Europe to cut its reliance on EV battery mineral imports by up to a quarter by the end of the decade, a new study finds. Materials from end-of-life batteries and gigafactory scrap have the potential to build up to 2.4 million EVs locally in 2030, according to research by Transport & Environment
- [Nissan Ditches Honda, Eyes Foxconn Alliance](https://www.powersys.com/2025/02/nissan-ditches-honda-eyes-foxconn-alliance/) - After unsuccessful negotiations with Honda, Nissan has ended discussions about a merger and is now searching for a new partner, reports "Nikkei." Among the potential candidates is the Taiwanese technology giant Foxconn. Nissan abandoned plans for a $60 billion merger with Honda, which could have made it the third-largest car manufacturer in the world. The
- [Korean Battery Makers See Revenue Decline](https://www.powersys.com/2025/02/korean-battery-makers-see-revenue-decline/) - The financial results for the year ending December 2024 of the three major Korean battery manufacturers all showed a decrease in sales compared to the previous year due to the sluggish sales of EVs worldwide. Unable to recoup the amount of upfront investment they had made in anticipation of the increasing shift to EVs, the
- [Toyota Major Auto Funder of Climate Deniers?](https://www.powersys.com/2025/02/toyota-major-auto-funder-of-climate-deniers/) - Toyota has been revealed to be the largest auto industry funder of climate deniers in US Congress, according to a report released today by Public Citizen. Toyota sells more gas-powered, polluting vehicles than any other company on Earth, and thus it has a vested interest in continuing to sell those polluting vehicles. But the problem
- [Tesla Sales Drop 60% in Germany](https://www.powersys.com/2025/02/tesla-sales-drop-60-in-germany/) - Tesla's sales dropped nearly 60% in January in Germany compared to the same period last year, and the same thing is happening throughout Europe.
- [Kanadevia To Build Plant for Hydrogen Equipment](https://www.powersys.com/2025/02/kanadevia-to-build-plant-for-hydrogen-equipment/) - Kanadevia said it plans to build the first mass-production plant for water electrolysis equipment, which produces hydrogen by electrolyzing water, in Yamanashi Prefecture.
- [Lexus China Plant To Begin Production in 2027](https://www.powersys.com/2025/02/lexus-china-plant-to-begin-production-in-2027/) - Toyota has announced plans to build a research, development, and production company for Lexus electric vehicles and batteries in Jinshan District, Shanghai, and plans to start production in 2027. “China has a complete electrification and intelligent technology industry chain,” says Ji Xuehong, Director and Professor of the Automotive Industry Innovation Research Center at North China
- [Mercedes-Benz Sells Sprinter Factory in Argentina](https://www.powersys.com/2025/02/mercedes-benz-sells-sprinter-factory-in-argentina/) - The Argentine press confirms that Mercedes-Benz has sold its Sprinter factory in Virrey del Pino, near Buenos Aires, to an investment group called ST, led by financier Pablo Peralta. According to local sources, the sale agreement will be officially late in February. Under the deal, ST will continue producing the Sprinter van under license until
- [Isuzu Plans South Carolina Truck Assembly Plant](https://www.powersys.com/2025/02/isuzu-plans-south-carolina-truck-assembly-plant/) - Isuzu North America Corporation says it is establishing a new production base in Greenville County, SC, in anticipation of the electrification of commercial vehicles in NA.
- [Record Motorcycle Production in Brazil](https://www.powersys.com/2025/02/record-motorcycle-production-in-brazil/) - Motorcycle production and sales in Brazil reached record levels in January 2025,. Factories in Brazil produced 166,100 units, a 17.6% increase compared to January 2024 and 34% higher than December 2024. This was the best January performance since 2014, driven by expanded production capacity to meet growing demand. It is estimated that 1.88 million motorcycles
- [2025 Budget Pushes Green Mobility, Manufacturing](https://www.powersys.com/2025/02/2025-budget-pushes-green-mobility-manufacturing/) - Aligned with the ‘Viksit Bharat’ vision, India's 2025 budget proposes a forward-looking approach for the auto sector, with financial allocations and duty exemptions.
- [New Milestone for Volvo EV trucks](https://www.powersys.com/2025/02/new-milestone-for-volvo-ev-trucks/) - Volvo Trucks has announced the assembly of its 1,000th EV at its Blainville-sur-Orne facility in France. This signals a growing demand for sustainable transport solutions.
- [Honda, Nissan Near EV Merger](https://www.powersys.com/2025/01/honda-nissan-near-ev-merger/) - Japanese automakers are taking drastic measures to keep pace with . Honda and Nissan are now closing in on an EV merger to join resources and fend off the incoming competition such as .
- [The Financial Challenges Facing KTM](https://www.powersys.com/2025/01/racing-against-bankruptcy-the-financial-challenges-facing-ktm/) - In late November 2024, KTM, a leading motorcycle OEM, declared bankruptcy. This move is part of a broader effort to restructure and stabilize the company's finances.
- [São Paulo Delays BUS Electrification Plan](https://www.powersys.com/2025/01/sao-paulo-delays-bus-electrification-plan/) - The São Paulo City Council has pushed back the deadline for CO2 reduction targets for the city's bus fleet to 2054. This amendment allows operators to continue acquiring diesel-powered buses, contravening existing legislation. The bill now awaits the mayor's decision for enactment or veto. Source: Automotive Business Read The Article PSR Analysis. The new timeline
- [BMW To Produce Six New Motorcycles in Brazil](https://www.powersys.com/2025/01/bmw-to-produce-six-new-motorcycles-in-brazil/) - BMW Motorrad has unveiled plans for seven new motorcycle launches in 2025, including six models to be manufactured in Brazil. The R 1300 GS Adventure will lead these releases.
- [Tadano Electrifies World's Largest Cranes](https://www.powersys.com/2025/01/tadano-electrifies-worlds-largest-cranes/) - Tadano, a major manufacturer of cranes, has converted one of its crawler cranes, which can lift up to 1600 tons, to electric po
- [Toyota, Chinese Seek Thai Support for HVs, EVs](https://www.powersys.com/2025/01/toyota-chinese-battle-for-thai-support-of-hvs-evs/) - In Thailand, major Japanese and Chinese automakers are requesting support for HVs and EVs. The countries have appealed for measures to promote hybrid vehicles.
- [Infrastructure Spending Seen Boosting CV Demand](https://www.powersys.com/2025/01/infrastructure-spending-seen-boosting-cv-demand/) - The Indian CV industry is set to benefit from the government’s pro-growth policies. The increased Capex outlay of US$115.5 billion is driving growth in several sectors.
- [FAW Jiefang, CATL Plan CV Electrification Effort](https://www.powersys.com/2025/01/faw-jiefang-catl-plan-cv-electrification-effort/) - FAW Jiefang and CATL have signed a strategic cooperation agreement under which they agreed to work together to develop new energy commercial vehicles. According to the agreement, the two parties plan to integrate selected resources in the field of new energy commercial vehicles. They will collaborate in product matching, product development, science and technology project
- [BYD Controversy In Brazil — What Is Going On?](https://www.powersys.com/2025/01/byd-controversy-in-brazil-what-is-going-on/) - Reports came out in late December that workers building a BYD factory in Brazil were working in “slavery” conditions and were potentially victims of human trafficking.
- [European EV Car Market Declines](https://www.powersys.com/2025/01/european-ev-car-market-declines/) - The number of EVs sold across Europe fell by 3% to 3m during 2024. This has come after the withdrawal of government tax breaks triggered a collapse in sales across Germany.
- [Volkswagen May Not Close Factories in Germany](https://www.powersys.com/2025/01/volkswagen-may-not-close-factories-in-germany/) - VW is considering keeping its German plants open while reinstating job security agreements until 2030, with the tradeoff being that workers would forgo bonus payments.
- [World Moving On Without USA, As Priorities Change](https://www.powersys.com/2024/12/world-moving-on-without-usa-as-priorities-change/) - ALTERNATIVE POWER REPORT The recent USA presidential elections suggest that the USA will embrace its status as the world’s leading gasoline state, while previous gasoline states like Saudi Arabia plough vast sums into the energy of the future, renewables. The USA ceded manufacturing of the technologies required for fighting climate change — solar panels, wind
- [Mercedes' Solar Paint Could Eliminate EV Charging](https://www.powersys.com/2024/12/mercedes-solar-paint-could-eliminate-ev-charging/) - Mercedes-Benz says it’s developing a solar paint that would allow EV owners in places like Los Angeles to power their daily driving without ever plugging in.
- [CATL Pushes Forward With All-Solid-State EV Batteries](https://www.powersys.com/2024/12/catl-pushes-forward-with-all-solid-state-ev-batteries/) - The world’s largest EV battery maker is advancing a new type of battery, which promises higher energy density. According to a new local report, CATL is investing heavily while ramping up its workforce to bring all-solid-state EV batteries to market. The company’s solution has an energy density of up to 500 Wh/kg for lithium ternary
- [Kubota To Build Excavator Plant in Germany](https://www.powersys.com/2024/12/kubota-to-build-excavator-plant-in-germany/) - Kubota says it plans to build a factory in Germany to manufacture small excavators. Production will begin in 2026, and the new factory will increase local production capacity by 40%.
- [FAW Jiefang Launches First Hydrogen Engine](https://www.powersys.com/2024/12/faw-jiefang-launches-first-hydrogen-engine/) - In December, FAW Jiefang began production on its first hydrogen engine in Dalian, Liaoning Province, marking a key step for it in the field of green intelligent transportation.
- [Tractor Industry Sees H2 2024 Revival](https://www.powersys.com/2024/12/tractor-industry-sees-h2-2024-revival/) - The Indian tractor industry is pinning its hopes on a robust second-half performance. Manufacturers are optimistic about achieving double-digit growth by the year-end.
- [Strike Causes Auto Production Problems](https://www.powersys.com/2024/12/strike-causes-auto-production-problems/) - The declaration of martial law by the South Korean government has sparked a series of strikes by labor unions. The unions are mobilizing up to 200,000 people.
- [Chinese EVs Moving Ahead of US Producers](https://www.powersys.com/2024/12/chinese-evs-moving-ahead-of-us-producers/) - The US is rapidly being outmaneuvered, out-innovated, and left in the dust by its Chinese competitors – particularly in the field of EVs.
- [Outboard Engine Market Forecast: USD 19 Billion  ](https://www.powersys.com/2024/12/marine-outboard-engine-market-forecast-usd-19-billion/) - GLOBAL REPORT The global outboard engines market size was $10.58B in 2023 and is anticipated to reach $19.13B by 2034, growing at a CAGR of 5.53% from 2024 to 2034, according to Power Systems Research (PSR). Source: Power Systems Research Summary. The outboard engines market produces, sells, and distributes outboard motors. These engines are independent
- [VW and Suspensys Develop Hybrid Concept Truck](https://www.powersys.com/2024/12/vw-and-suspensys-develop-hybrid-concept-truck/) - VW Caminhões e Ônibus, and Suspensys, have unveiled the VW Meteor Hybrid, Brazil's first hybrid concept truck. The vehicle has a diesel engine and an electric auxiliary axle.
- [Nebraska AG Sues Truck Makers Over CARB](https://www.powersys.com/2024/12/nebraska-ag-sues-truck-makers-over-partnership-with-carb/) - NORTH AMERICA REPORT Nebraska Attorney General Mike Hilgers has filed an antitrust lawsuit against some of the nation’s largest heavy-duty truck manufacturers alleging a plot to stifle the availability of internal-combustion semi-trucks in favor of electric ones. In the lawsuit filed Nov. 19, Hilgers said California and the California Air Resources Board have "recently embarked
- [Volvo Expands OH Trucks Production in Brazil](https://www.powersys.com/2024/12/volvo-expands-oh-trucks-production-in-brazil/) - SOUTH AMERICA/BRAZIL REPORT Volvo Construction Equipment has expanded its Brazilian manufacturing portfolio by localizing production of the A45G articulated hauler at its Pederneiras facility in São Paulo. This model, the largest articulated hauler produced by Volvo in Brazil, is now eligible for BNDES's Finame financing program, that offers attractive rates and favorable payment terms. The
- [Thai Government To Ease Some EV Production Quotas](https://www.powersys.com/2024/12/thai-government-to-ease-some-ev-production-quotas/) - The Thai government says it will relax the requirement for EV manufacturers receiving subsidies to produce a certain number of vehicles by 2024. There had been calls for a revision from Chinese manufacturers and others. This is in response to poor market conditions for EVs. The Board of Investment (BOI) of Thailand provides subsidies to
- [EV Battery Costs Will Drop To Key Level In 2026](https://www.powersys.com/2024/11/ev-battery-costs-will-drop-to-key-level-in-2026/) - Today the cost of EV batteries is dropping within shouting distance of that $80 goal, pulling the total cost of EV ownership down with it.
- [Solid-State Batteries Costs Expected To Drop](https://www.powersys.com/2024/11/solid-state-batteries-costs-expected-to-drop-as-pilot-production-begins/) - The push to commercialize solid-state batteries is underway with industries from automotive to storage betting on the technology. But while the technology has been taking longer than expected to take off, semi-solid-state batteries, which use a hybrid design of solid and liquid electrolyte, have been making steady progress toward commercialization. The latest findings from Taipei-based
- [Nevada Gets First Lithium-Sulfur Battery Gigafactory](https://www.powersys.com/2024/11/nevada-gets-worlds-first-lithium-sulfur-battery-gigafactory/) - Super materials trailblazer Lyten will invest over $1 billion to build the world’s first lithium-sulfur battery gigafactory in Reno, Nevada. The factory will be capable of producing up to 10 gigawatt-hours (GWh) of batteries annually once it’s fully online. Phase 1 is set to go live in 2027. Lyten’s gigafactory will cover 1.25 million square
- [Trump Won – What Now for US Clean Energy?](https://www.powersys.com/2024/11/trump-won-what-now-for-us-clean-energy/) - Donald Trump has always pushed for more oil drilling and fewer regulations, left the Paris Agreement in his first term as president, says he hates “windmills,” has promised to scrap offshore wind on “day one” if he won the 2024 election, and calls climate change a “scam.” And now that he’s won, this is a
- [Ashok Leyland Expects Strong Export Performance](https://www.powersys.com/2024/11/ashok-leyland-expects-strong-export-performance/) - "Our next target in terms of geographical expansion is Southeast Asia. We have been talking about it for a long time. We want to get into four different markets in Southeast Asia. "We expanded our range of products (in Middle Eastern markets) and that is why as a result we believe we should be in
- [Bosch and Jiangling Plan Joint EV Venture](https://www.powersys.com/2024/11/bosch-and-jiangling-plan-joint-ev-venture/) - Bosch and Jiangling Group have signed a joint venture agreement in Nanchang, planning to establish a joint venture to jointly develop and sell electric drive axle systems for light commercial vehicles. The registered capital of the planned joint venture is 500 million yuan (63 million euros), with Bosch holding 60% and Jiangling holding 40%. The
- [What Is the Asia Zero-Emission Community?](https://www.powersys.com/2024/11/what-is-the-asia-zero-emission-community/) - The Asia Zero-Emission Community is a collaborative framework for decarbonization involving nine ASEAN countries (excluding Myanmar), Japan and Australia. It is abbreviated as AZEC. The first summit was held in December 2023. The principles of the initiative are "decarbonization through diverse pathways that take into account the circumstances of each country" and "simultaneous realization of
- [Greenhouse Gases from Mining Are Targeted](https://www.powersys.com/2024/11/greenhouse-gases-from-mining-equipment-are-targeted/) - Reducing greenhouse gas emissions at mining sites is a pressing issue because the number of emissions from mines around the world is about 1.9 to 5.1 billion tons per year.
- [2023 Global PWC Market Estimated at US$2.5 Billion](https://www.powersys.com/2024/11/2023-global-personal-watercraft-market-estimated-at-us2-5-billion/) - The global Personal Watercraft Market size was valued at USD 2.544 billion in 2023, according to Power Systems Research, and is estimated to register a CAGR of 5.44% between 2024 and 2032.
- [NY Trucking Group Pushes for Delay of Emissions Rule](https://www.powersys.com/2024/11/ny-trucking-group-pushes-for-delay-of-emissions-mandate/) - The Trucking Association of New York (TANY) called on legislators to reconsider implementation of California Air Resources Board (CARB) Advanced Clean Truck (ACT) regulations.
- [VW Employment “Earthquake” Hits Germany](https://www.powersys.com/2024/10/vw-employment-earthquake-hits-germany/) - ALTERNATIVE POWER REPORT Volkswagen Group has let it be known that it might need to shutter two factories in Germany. It also indicated it might need to end the “guaranteed employment” policy it has adhered to for decades that is designed to ensure workers there will always be a job for them within the Volkswagen
- [EU OKs Tariff Hike on Chinese EVs](https://www.powersys.com/2024/10/eu-oks-tariff-hike-on-chinese-evs/) - The European Union has approved a tariff increase of up to 35% on Chinese electric vehicles, according to the report from Agence France-Presse.
- [Ammonia-fueled Tugboat Completed](https://www.powersys.com/2024/10/ammonia-fueled-tugboat-completed/) - NYK has completed the world's first ammonia-fueled tugboat, produced through research and development in cooperation with IHI and ClassNK.
- [Randon Delivers First Electric Drive Semi-Trailer](https://www.powersys.com/2024/10/randon-brazil-delivers-first-semi-trailer-with-electric-drive-system/) - BRAZIL/SOUTH AMERICA REPORT Randon showcased its innovations at two major global mobility fairs. At the IANA Intermodal Expo in the U.S., it celebrated delivering its first container chassis semi-trailer with the e-Sys system to the North American market. This sale was made through its subsidiary, Hercules Chassis, to South Carolina Port Authorities. Randon also participated
- [H2 Fuel Technology May Be Falling Behind](https://www.powersys.com/2024/10/hydrogen-fuel-technology-may-be-falling-behind/) - Ballard Power Systems, Canada, a large hydrogen fuel cell making company, plans a massive overhaul that will slash its spending by 30%, including huge job cuts.
- [Your EV May Fall Apart Before Its Battery Pack Does](https://www.powersys.com/2024/10/your-ev-may-fall-apart-before-its-battery-pack-does/) - A new study of 10,000 electric cars from Geotab, an automotive telematics company, s shows that their battery packs could outlast the vehicles themselves.
- [Europeans Unveil Solid-state Battery](https://www.powersys.com/2024/10/europeans-unveil-solid-state-battery-with-1070-wh-l-energy-density/) - A European group has produced a solid-state battery that reportedly achieves high energy densities and can be implemented on modern lithium-ion battery production lines.
- [Electric Tractors Near for India Agriculture](https://www.powersys.com/2024/10/electric-tractors-the-future-of-sustainable-agriculture/) - With emerging technological innovations and government support, electric tractors are poised to revolutionize Indian farming.
- [AEC Discusses New Goals as Markets Integrate](https://www.powersys.com/2024/10/12637/) - The Association of Southeast Asian Nations (ASEAN) is developing a plan to integrate the regional market by focusing on digitalization and decarbonization of the economy
- [Brazil Set To Start First Natural Gas Truck Corridor](https://www.powersys.com/2024/10/brazil-set-to-start-first-natural-gas-truck-corridor-2/) - Eneva, a natural gas operator, plans to supply LNG for Virtu LNG’s truck fleet, starting in January 2025. This fuel will be used for operations of Yara Brasil
- [Randon Delivers First Electric Drive Semi-Trailer](https://www.powersys.com/2024/10/randon-delivers-first-electric-drive-semi-trailer/) - Randon showcased its innovations at two major global mobility fairs. At the IANA Intermodal Expo in the U.S., it celebrated delivering its first container chassis semi-trailer with the e-Sys system to the North American market. This sale was made through its subsidiary, Hercules Chassis, to South Carolina Port Authorities. Randon also participated in the IAA
- [Brazil Set To Start First Natural Gas Truck Corridor](https://www.powersys.com/2024/10/brazil-set-to-start-first-natural-gas-truck-corridor/) - BRAZIL/SOUTH AMERICA REPORT Eneva, a natural gas operator, plans to supply liquefied natural gas (LNG) for Virtu LNG’s truck fleet, starting in January 2025. This fuel will be used for the logistics and distribution operations of Yara Brasil, a global leader in plant nutrition. The initiative will begin in Maranhão and is expected to expand
- [Rural Recovery Drives Surge in Auto Demand](https://www.powersys.com/2024/09/rural-recovery-drives-surge-in-auto-demand/) - A projected production increase of over 15% in the Indian auto sector reflects heightened consumer interest, fueled largely by a recovering rural economy.
- [Yuchai, Kim Long Motor Vietnam Sign Agreement](https://www.powersys.com/2024/09/yuchai-kim-long-motor-vietnam-sign-agreement/) - Yuchai and Kim Long Motor have jointly initiated the construction of an engine factory with a total investment of $260 million.
- [Malaysia H1 2024 Car Sales Gain Ground](https://www.powersys.com/2024/09/malaysia-h1-2024-car-sales-gain-ground/) - New vehicle sales in the six major Southeast Asian countries in the first six months of 2024 fell 9% year-on-year to about 1.49 million units. Malaysia grew by 7% to 390,296 units.
- [Yanmar Acquires CLAAS, India Combine Manufacturer](https://www.powersys.com/2024/09/yanmar-acquires-claas-india-local-combine-manufacturer/) - Yanmar Holdings plans to acquire Claas India, a combine harvester and manufacturer in India. The acquisition will strengthen the company's business in India.
- [Hyundai To Double Number of Hybrid Models](https://www.powersys.com/2024/09/hyundai-motor-to-double-number-of-hybrid-models/) - Hyundai Motor plans to expand its lineup of hybrid vehicles from seven to 14 models in response to slowing global demand for electric vehicles.
- [Colombia Resumes Taxing Vehicles from Brazil](https://www.powersys.com/2024/09/colombia-resumes-taxing-vehicles-from-brazil/) - Starting in 2025, vehicle exports from Brazil to Colombia will once again be taxed at a 54% rate. The tax exemption agreement, in place since 2017, will not be renewed.
- [Tata Negotiates for Production Plant in Brazil](https://www.powersys.com/2024/09/tata-negotiates-for-production-plant-in-brazil/) - The São Paulo state government is working to attract automotive companies to the state, including Tata Motors, a subsidiary of the giant Indian-based Tata Group.
- [2024 CARB ACT Impacts Truck Sales](https://www.powersys.com/2024/08/initial-impact-of-2024-carb-act-truck-sales-regulations/) - It's becoming clear 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.
- [2023 Global E-Bike Market Hit US$38.3 Billion](https://www.powersys.com/2024/09/2023-global-e-bike-market-hit-us38-3-billion/) - 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.
- [Volvo To Launch Hydrogen Powered Trucks](https://www.powersys.com/2024/09/volvo-to-launch-hydrogen-powered-trucks/) - GLOBAL REPORT 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
- [Battery Made from Stone Could Transform EVs](https://www.powersys.com/2024/09/battery-made-from-stone-could-transform-evs/) - Researchers at the Technical University of Denmark (DTU) have developed a super-ionic material based on potassium silicate, a compound extracted from ordinary rocks. This innovation could potentially revolutionize the way we power electric cars. Potassium silicate, the key material in this new battery technology, is abundantly available in the earth's crust. Potassium silicate is also
- [Is New Silicon EV Battery The Best Thing Ever?](https://www.powersys.com/2024/09/is-new-silicon-ev-battery-the-best-thing-ever/) - A spinoff from CalTech called Sienza Energy has come up with a new silicon EV battery that does away with cobalt.
- [China Restrictions Could Cause Antimony Shortfall](https://www.powersys.com/2024/09/chinas-restrictions-on-antimony-could-force-shortfall/) - China plans to introduce restrictions on antimony exports, a move that could lead to another flashpoint with the West over control of critical minerals.
- [Fast Charging Gets Faster in LFP Batteries](https://www.powersys.com/2024/09/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 into its latest vehicles
- [Thoughts About FCVs and Hydrogen Stations](https://www.powersys.com/2024/09/thoughts-about-fcvs-and-hydrogen-stations/) - Reasons why FCVs are not popular in Japan
- [Iseki To Move Production To Indonesia](https://www.powersys.com/2024/08/iseki-to-move-production-to-indonesia/) - Iseki will produce 90% of its tractors and other products for overseas markets, mainly Europe and the United States, in Indonesia by 2030.
- [Rising Inventory Levels Challenge Auto Dealers](https://www.powersys.com/2024/08/rising-inventory-levels-challenge-auto-dealers/) - The Indian auto market is facing large passenger vehicle stock levels. They have reached 55 to 60 days' worth (approximately 550,000 to 600,000) as of May 2024.
- [Hyundai Motor Lists Subsidiary IPO in India](https://www.powersys.com/2024/08/hyundai-motor-lists-subsidiary-ipo-in-india/) - Hyundai Motor has begun its initial public offering (IPO) process for its Indian subsidiary. The IPO is expected to raise $3 billion, India's largest IPO.
- [Indonesia Moves To Reduce Chinese Ownership of Nickel Projects](https://www.powersys.com/2024/08/indonesia-moves-to-reduce-chinese-ownership-of-nickel-projects/) - INDONESIA REPORT Indonesia is trying to reduce Chinese investment in new nickel mining and smelting operations in order to qualify for U.S. tax incentives. Under the Biden administration's Inflation-Reduction Act (IRA), large tax incentives will apply after 2025. However, it does not apply to batteries sourced from "foreign entities of concern," such as companies in
- [Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus](https://www.powersys.com/2024/08/marcopolo-volare-unveils-hybrid-ethanol-1-0-micro-bus/) - Volare has unveiled its Attack 9 HVE, Brazil's pioneering ethanol hybrid minibus to be released in 2026.. It is being developed by Volare, in collaboration with Horse and WEG.
- [Toyota Mirai Drivers Sue Automaker](https://www.powersys.com/2024/08/toyota-mirai-drivers-sue-automaker/) - Owners and those who lease the Toyota Mirai hydrogen car have filed a class action lawsuit against the automaker because of their dissatisfaction with the vehicle.
- [Diesel Demand Continues To Drop](https://www.powersys.com/2024/08/diesel-demand-drops-as-commercial-ev-electric-semi-markets-grow/) - This podcast by Electrek explores the historic drop in global diesel demand, and looks at the causes of the drop: Inflation and a slowing economy or the rapid rise in EV sales?
- [Why Is California Building a Refueling Network for Hydrogen Cars Nobody Uses?](https://www.powersys.com/2023/09/why-is-california-building-a-refueling-network-for-hydrogen-cars-nobody-uses/) - California intends to spend hundreds of thousands of dollars annually to build a refueling network for about 12,000 hydrogen vehicles.
- [New Batteries Promise Long Life, Greater Safety](https://www.powersys.com/2024/08/new-generation-of-batteries-promises-long-life-greater-safety/) - A research team at the University of Hong Kong (HKU) has developed a new generation of lithium metal batteries, which promises extended lifespan and enhanced safety.
- [Global Snowmobile Market Forecast for $2.42 Billion](https://www.powersys.com/2024/08/global-snowmobile-market-forecast-for-2-42-billion/) - The Global Snowmobile Market was valued at $1.62 billion in 2023, according to Power System Research, and is estimated to reach $2.42 billion in 2032.
- [BYD Plans Factory in Turkey To Produce 150,000 Vehicles](https://www.powersys.com/2024/08/byd-plans-factory-in-turkey-to-produce-150000-vehicles/) - CHINA REPORT BYD has signed an agreement with the Turkish government to invest USD 1 Billion to build a factory in Turkey. This is BYD's second factory in Europe following one built in Hungary. Under the agreement, BYD will build a factory and research and development center with an annual production of 150,000 vehicles. The
- [Wastewater Needed by LFP Battery Supply Chain](https://www.powersys.com/2024/08/wastewater-needed-by-the-lfp-battery-supply-chain/) - Gathering phosphates from wastewater sludge could be a solution, but as with most new tech, investment is needed. A side effect of this could be improved water quality.
- [Deutz and Rolls Royce Engine Deal Approved](https://www.powersys.com/2024/08/deutz-and-rolls-royce-engine-deal-approved/) - DEUTZ and Rolls-Royce’s Power Systems division have completed the transaction for DEUTZ to take over the sales and service activities for various Daimler Truck industrial engines.
- [Maersk Continues Investments in Fleet Decarbonization](https://www.powersys.com/2024/08/maersk-continues-investments-in-fleet-decarbonization/) - The Danish A.P. Moller & Maersk, the second largest container shipping company in the world, has set a goal to reach zero-emission container shipping by 2040. The Maersk ambitious objective is much advanced compared to the global shipping industry objective to meet net-zero carbon emissions by 2050 to fight against 3% of the global greenhouse
- [Brazil Heavy Duty Trailer Sales Remain High](https://www.powersys.com/2024/08/brazil-heavy-duty-trailer-sales-remain-high/) - The Brazil Heavy Trailers sector posted a 5.6% increase in sales during the first 7 months of the year, compared to the same period in 2023.
- [Electric and Hybrid Marine Exhibition Demonstrates New Technologies](https://www.powersys.com/2024/07/electric-and-hybrid-marine-exhibition-demonstrates-new-technologies/) - The Tenth Annual Electric and Hybrid Marine Exhibition attracted more than 200 exhibitors and enabled shipowners and operators to review the latest solutions in marine electrification.
- [Hitachi Demonstrates Ultra-Large Electric Dump Truck](https://www.powersys.com/2024/07/hitachi-demonstrates-ultra-large-electric-dump-truck/) - Hitachi Construction Machinery said it is demonstrating a rechargeable all-electric dump truck. It’s the world's first demonstration of an ultra-large machine.
- [PowerTALK™, July 2024](https://www.powersys.com/2024/07/powertalk-july-2024/) - IN THIS ISSUE Western countries--United States, Europe and Canada--are placing tariffs on low-cost Chinese EVs and Beijing doesn't like it. Read about the EV tariff controversy in the July 2024 issue of PowerTALK News. Also in this issue are articles on the global motorcycle market, North American scooter production and Hitachi's demonstration of a huge
- [Canada Considers Tariffs on Chinese EVs Similar To US and EU Moves](https://www.powersys.com/2024/07/canada-considers-tariffs-on-chinese-evs-similar-to-us-and-eu-moves/) - The Canadian government is preparing tariffs on Chinese-made EVs to align with the US and European Union, which have already proposed heavy duties.
- [EU Tariffs Hit Chinese EVs, Draw Stern Words from Beijing](https://www.powersys.com/2024/07/eu-tariffs-hit-chinese-evs-draw-stern-words-from-beijing/) - The European Commission told automakers it would impose duties of up to 38.1% on Chinese electric cars starting in July 2024, risking retaliation from Beijing.
- [Research Offers Efficient Lithium Production](https://www.powersys.com/2024/07/research-offers-efficient-lithium-production/) - Researchers at the University of Chicago Pritzker School of Molecular Engineering (PME) have optimized a new method for extracting lithium from seawater, groundwater, and water left fromoil drilling.
- [EV Sales Headed for Long-Term Growth](https://www.powersys.com/2024/07/ev-sales-headed-for-long-term-growth/) - The short-term picture for EV growth is mixed, but long-term prospects look good. EV sales will continue to grow, according to BloombergNEF.
- [2024 MHCV Production Expected To Decline by 1.6%](https://www.powersys.com/2024/07/2024-mhcv-production-expected-to-decline-by-1-6/) - In 2024, medium and heavy commercial vehicle production in Europe, South Asia and North America is expected to decline while production in China, South America, Japan and Korea is expected to improve over last year.
- [2024 Global Motorcycle Market Estimated at $144 Billion](https://www.powersys.com/2024/07/2024-global-motorcycle-market-estimated-at-144-billion/) - The 2024 global motorcycle market is estimated to reach $144.1 billion and is estimated to rise at a CAGR of 8.1% from 2024 to 2033, according to Power Systems Research.
- [Belgium May Lose Audi Car Production in Brussels](https://www.powersys.com/2024/07/belgium-may-lose-audi-car-production-in-brussels/) - Audi said it intends to "restructure" its Forest production site in Brussels, a move that clearly could end with the site closing by 2027.
- [Frasle Mobility To Buy Mexican Kuo's Dacomsa for $389 Million](https://www.powersys.com/2024/07/frasle-mobility-to-buy-mexican-kuos-dacomsa-for-389-million/) - Brazilian auto parts producer Frasle Mobility said it has agreed to buy Mexican auto parts distributor Dacomsa from Mexico's Grupo Kuo S.A.B de C.V. for $389.5 million.
- [Brazil Truck Production Grows Significantly](https://www.powersys.com/2024/07/brazil-truck-production-grows-significantly/) - Brazil truck production reached almost 64,40 units in the first half of this year, an increase of 36.5% over the same period in 2023.
- [LG, Hyundai Open Indonesia EV Battery Plant](https://www.powersys.com/2024/07/lg-hyundai-open-indonesia-ev-battery-plant/) - South Korean battery giants LG Energy Solutions and Hyundai Motor have opened their first battery plant in Indonesia. The plant will produce batteries for EVs.
- [Honda To Cut Thai Car Production](https://www.powersys.com/2024/07/honda-to-reduce-thailand-car-production-capacity-by-50/) - THAILAND REPORT Honda said it plans to integrate its two automotive manufacturing plants in Thailand by 2025. The move will cut annual production capacity in Thailand by 50% to 270,000 units. Production at the Ayutthaya plant will be discontinued and consolidated at the Prachinburi plant in central Thailand. The Ayutthaya plant has an annual production
- [Chinese Joint Venture Begins Mississippi Battery Plant](https://www.powersys.com/2024/07/chinese-joint-venture-begins-mississippi-battery-plant/) - ACT Company (AMPLIFY CELL TECHNOLOGIES LLC ), a Chinese a joint venture company, has broken ground for a battery production plant in Mississippi.
- [Honda To Cut Thai Car Production](https://www.powersys.com/2024/07/honda-to-cut-thai-car-production/) - THAILAND REPORT Honda said it plans to integrate its two automotive manufacturing plants in Thailand by 2025. The move will cut annual production capacity in Thailand by 50% to 270,000 units. Production at the Ayutthaya plant will be discontinued and consolidated at the Prachinburi plant in central Thailand. The Ayutthaya plant has an annual production
- [Bajaj, TVS Enter CNG Two-Wheeler Market](https://www.powersys.com/2024/07/bajaj-tvs-enter-cng-two-wheeler-market/) - Bajaj Auto has launched the first CNG-powered two-wheeler, generating significant buzz in the Indian market. This move has inspired other OEMs to explore CNG options.
- [Suzuki Withdraws from Thai 4-wheel Vehicle Production](https://www.powersys.com/2024/06/suzuki-withdraws-from-thai-4-wheel-vehicle-production/) - Suzuki plans to withdraw from four-wheel vehicle production in Thailand. Production at the local subsidiary will cease by the end of 2025,
- [Iseki develops one of the largest unmanned tractors in Japan](https://www.powersys.com/2024/06/iseki-develops-large-unmanned-tractor/) - Iseki has developed a tractor that operates without a pilot under the supervision of a human operator. With 123 horsepower, it's one of the largest in Japan.
- [China Threatens EU, U.S. with Tariffs Up To 25%](https://www.powersys.com/2024/06/china-threatens-eu-u-s-with-tariffs-up-to-25/) - 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.
- [Diesel Demand Hits 26-Year Low](https://www.powersys.com/2024/06/diesel-demand-hits-26-year-low-as-ev-hydrogen-sales-boom/) - US diesel demand plummeted to its lowest seasonal level in 26 years in Q1 2024. The production of distillate plunged to 3.67 million barrels per day in March.
- [European Batteries Could Be 60% Less Carbon Intensive Than Chinese](https://www.powersys.com/2024/06/european-batteries-could-be-60-less-carbon-intensive-than-chinese/) - Moving the EV supply chain to Europe would cut the emissions of producing a battery by 37% compared to a China-controlled supply chain.
- [Discovery May Drive Down Cost of Hydrogen Fuel](https://www.powersys.com/2024/06/discovery-may-drive-down-cost-of-hydrogen-fuel/) - Researchers in Japan may have discovered the secret to being able to produce hydrogen fuel far more cheaply than the currently used methods by using 95% less Iridium.
- [North America and Europe MHCV Alternative Power Update](https://www.powersys.com/2024/06/north-america-and-europe-mhcv-alternative-power-update/) - In Europe and North America (U.S. and Canada) the transition from fossil fuel powered vehicles to zero-emission vehicles is hampered by a number of significant barriers t.
- [2024 Global Golf Cart Revenue To Hit $1.84 Billion](https://www.powersys.com/2024/06/2024-global-golf-cart-revenue-to-hit-1-84-billion/) - Power Systems Research estimates the Global Golf Cart Market to be $1.84 billion in 2024 and expects this market to reach $2.81 billion by 2032.
- [Ford To Manufacture Ranger Engines in Argentina](https://www.powersys.com/2024/06/ford-to-manufacture-ranger-engines-in-argentina/) - Ford plans to produce the 2.0 and 3.0 V6 engines for the new Ranger in Argentina. The engines will be built at the General Pacheco plant.
- [JCB Invests To Double Its Size in Latin America](https://www.powersys.com/2024/06/jcb-invests-to-double-its-size-in-latin-america/) - JCB plans to invest US$ 100 million in its Latin American operations, the largest investment in its history in Latin America. JCB plans to double its size in the region by 2030.
- [Battery Swap Alliance Seen as EV Recharging Solution](https://www.powersys.com/2024/06/battery-swap-alliance-seen-as-ev-recharging-solution/) - CHINA REPORT Driven by multiple factors such as government support, market demand, and battery technology upgrades, the battery swap solution is attracting much attention from the market. NIO Energy has obtained a strategic investment of 1.5 billion yuan from Wuhan Guangchuang Xingxin Technology Phase I Venture Capital Fund Partnership and other institutions. Earlier, FAW Group
- [Hybrid Vehicles Adapted as Alternative To EVs](https://www.powersys.com/2024/06/hybrid-vehicles-adapted-as-alternative-to-evs/) - Hybrid vehicles are gaining traction in India as an alternative to EVs, a trend driven by OEMs, consumer preferences, and infrastructural and policy challenges.
- [Firms Develop Hydrogen-Powered Generator](https://www.powersys.com/2023/08/firms-develop-hydrogen-powered-generator/) - FAR EAST: JAPAN REPORT Komatsu, Hitachi, and Denyo announced the commercialization of a gen-set that uses a mixture of hydrogen and light oil as fuel. It is possible to mix up to 50% hydrogen, which does not emit CO2 when burned, and CO2 emissions can be reduced by 50%. The first unit will be installed
- [Foxconn To Invest $246 Million in Vietnam Plant](https://www.powersys.com/2023/08/foxconn-to-invest-246-million-in-vietnam-ev-parts-production/) - SOUTHEAST ASIA: VIETNAM REPORT Foxconn, Taiwan's leading electronics contract manufacturer, has received regulatory approval for its plan to invest $246 million in two new projects in Quang Ninh Province in northern Vietnam. The projects, to be carried out by a subsidiary of Foxconn Singapore, will focus on the manufacturing and assembly of telecommunications equipment and
- [Japan Sets Target of 300,000 EV Chargers by 2030](https://www.powersys.com/2023/09/japan-sets-target-of-300000-ev-chargers-by-2030/) - FAR EAST: JAPAN REPORT The Ministry of Economy, Trade and Industry (METI) has released draft guidelines for the installation of EV chargers, with a target of 300,000 units by 2030. This is double the previous target of 150,000 units and 10X higher than the current number of installations. The company is calling for the installation
- [Korean Battery Companies Increase Sales Significantly](https://www.powersys.com/2023/09/korean-battery-companies-increase-sales-significantly/) - The financial results for the April-June period of the three major Korean battery companies, LG Energy Solution, SK On, and Samsung SDI, show significant sales growth.
- [Ridesharing Giant Gojek Converting Vehicles To EVs](https://www.powersys.com/2023/09/ridesharing-giant-gojek-converting-vehicles-to-evs/) - Indonesian ridesharing giant Gojek plans to convert all its motorcycles to EVs by 2030. The adoption of EV motorcycles is now in full swing in Indonesia.
- [Komatsu Develops Hydrogen Generator](https://www.powersys.com/2024/05/komatsu-develops-transportable-hydrogen-generator/) - Komatsu is developing a hydrogen-powered generator to power an electric mini excavator. It can be transported to job sites where there is no electric power
- [Komatsu To Develop Electric Excavator with Honda](https://www.powersys.com/2023/10/komatsu-to-develop-electric-excavator-with-honda/) - Komatsu says it will launch the PC05E-1 electric micro excavator, jointly developed with Honda, in the Japanese market in October.
- [Malaysia's Proton Considers Building EV Plant in Thailand](https://www.powersys.com/2023/10/malaysias-proton-considers-building-ev-plant-in-thailand/) - Malaysian state-owned carmaker Proton is considering building an EV plant in Thailand. The Thai government has long focused on promoting related industries.
- [China Auto OEM To Invest in Thai EV Motorbike Plant](https://www.powersys.com/2023/11/china-auto-oem-to-invest-in-thai-ev-motorbike-plant/) - Chinese automotive equipment manufacturer Suzhou Harmontronics Automation Technology plans to build an electric motorcycle factory in Thailand.
- [Hyundai Sells EVs To Oil-Producing Countries](https://www.powersys.com/2023/11/hyundai-sells-evs-to-oil-producing-countries/) - Hyundai Motor Company has started to develop the EV market in the Middle East. The strategy is to get a head start in the market by making large investments.
- [Kubota and Sumitomo Plan Mutual Supply of Equipment](https://www.powersys.com/2023/11/kubota-and-sumitomo-plan-mutual-supply-of-equipment/) - Kubota Corporation and Sumitomo Construction Machinery Co., Ltd. said they have begun discussions regarding the mutual supply of construction equipment.
- [Hyundai Motor, Apple May Partner on Self-Driving EVs](https://www.powersys.com/2023/12/hyundai-motor-and-apple-may-partner-on-self-driving-evs/) - Hyundai Motor Co. and Apple Inc. plan to set up a partnership to build self-driving electric cars. And its possible that the two could launch a self-driving EV in 2027.
- [Honda To End Mass-Produced EV "Honda e"](https://www.powersys.com/2023/12/honda-to-end-mass-produced-ev-honda-e/) - Honda plans to end production of the Honda e EV by January 2024. Sales have been missing the annual domestic sales target of 1,000 units.
- [Thailand Lithium Deposit World’s Third Largest](https://www.powersys.com/2024/01/thailand-lithium-deposit-worlds-third-largest/) - The Thai government has announced the discovery of a large lithium deposit, calling the deposit the third largest in the world after Bolivia and Argentina.
- [Hyundai Motor Sells Chongqing Plant in China](https://www.powersys.com/2024/01/hyundai-motor-sells-chongqing-plant-in-china/) - SOUTH KOREA REPORT The company sold the plant to Chongqing Liangjiang New Area Yufu Industrial Park Construction and Investment Group, which is owned by the city of Chongqing, and its affiliate will use the plant as a production base for electric vehicles. Hyundai Motor Company has sold its finished car plant in Chongqing, China, to
- [2023 Domestic MC Shipments Increase 4%](https://www.powersys.com/2024/01/2023-domestic-mc-shipments-increase-4/) - Japanese domestic motorcycle shipments increased for the first time in two years to 376,720 units in 2023, up 4% from the previous year. Class 2 mopedsincreased 47% year-on-year.
- [Japanese Car Share Plummets in Thailand, China Gains](https://www.powersys.com/2024/02/japanese-car-share-plummets-in-thailand-china-gains-share/) - The share of Japanese automakers in Thailand's new car market, once considered a "stronghold for Japanese cars," is plummeting, and China is gaining share.
- [Hyundai Shifts EV Plans, Introduces Genesis Hybrid](https://www.powersys.com/2024/02/hyundai-motor-shifts-ev-plans-introduces-genesis-hybrid/) - Hyundai Motor is developing a hybrid vehicle for its Genesis luxury brand. The company had planned to focus on EVs and FCVs for the Genesis.
- [Toyota and Chiyoda Develop Hydrogen Production System](https://www.powersys.com/2024/02/toyota-and-chiyoda-develop-hydrogen-production-system/) - Toyota and Chiyoda Corporation have announced the joint development of a hydrogen production system. The two companies hope to begin marketing the system in 2027.
- [Kubota Plans To Produce Batteries for EV AG Equipment](https://www.powersys.com/2024/03/kubota-plans-to-produce-batteries-for-ev-ag-equipment/) - JAPAN REPORT Kubota is considering in-house production of batteries for electric agricultural equipment. It is considering developing and designing its own batteries and building a new plant in Japan. The company intends to launch electric tractors and mowers in Europe and the United States by 2030. Kubota is preparing for increased demand in Europe, the
- [South Korea Plans World's Largest Semiconductor Manufacturing Base](https://www.powersys.com/2024/03/south-korea-plans-worlds-largest-semiconductor-manufacturing-base/) - SOUTH KOREA REPORT The South Korean government announced a plan for a semiconductor industrial park in which Samsung Electronics and SK Hynix will invest a total of 622 trillion won (approx. $470 Billion). With Japan and Taiwan aggressively investing in the semiconductor industry, the government aims to compete with them by establishing the world's largest
- [Kubota Unveils First Fuel Cell Tractor](https://www.powersys.com/2024/04/kubota-unveils-first-fuel-cell-tractor/) - Kubota has unveiled the first prototype of a fuel cell-powered tractor. No release date has been set. The company is considering fuel cells in automated tractors.
- [Malaysia Overtakes Thailand in New Vehicle Sales](https://www.powersys.com/2024/05/malaysia-overtakes-thailand-in-new-vehicle-sales/) - Rankings of new vehicle sales in Southeast Asia show Malaysia overtaking Thailand to take second place in 2023. The Philippines overtook Vietnam to take fourth place.
- [Kia To Double Hybrid Sales Amid EV Headwinds](https://www.powersys.com/2024/05/kia-to-double-hybrid-sales-amid-ev-headwinds/) - SOUTH KOREA REPORT Korea's Hyundai Motor Group is going on the offensive with hybrid vehicles. Its subsidiary Kia plans to introduce HV models in nine of its main models, doubling its current sales volume to 800,000 units by 2028. Kia will temporarily review its investment focus on EVs, where competition is heating up globally, to
- [Hyundai-Kia Offer Different Hydrogen Engine](https://www.powersys.com/2024/05/hyundai-and-kia-offer-very-different-hydrogen-engine/) - Hyundai and Kia have announced that they plan to work together to create a new hydrogen engine that will better overcome the challenges faced by previous generations of the technology. A lack of refueling infrastructure has been a top issue in this area. With a focus on this issue, the goal of the collaboration between
- [Fool's Gold May Be Worth More than Previously Believed](https://www.powersys.com/2024/05/fools-gold-may-be-worth-more-than-previously-believed/) - Fool's gold could kick off this century's 'gold rush' after scientists discovered it contains lithium.
- [Europe Investigates Chinese EV Subsidies](https://www.powersys.com/2024/05/europe-investigates-chinese-ev-subsidies/) - The European Commission is examining whether Chinese automakers receive subsidies from the Chinese government that give them an unfair economic over domestic OEMs.
- [Unsold Chinese EVs Clogging European Ports](https://www.powersys.com/2024/05/unsold-chinese-evs-are-piling-up-at-european-ports/) - The threat of masses of cheap EVs made in China has governments concerned in Europe and the US. The USA has introduced a bill that would raise the tariff on EVs from China to 100% to protect US auto workers “from the existential threat posed by China” but Europe has no such tariff protections. The
- [2032 Global ATV-SxS Market To Hit $22.9 Billion](https://www.powersys.com/2024/05/global-atv-sxs-market-to-hit-22-9-billion-in-2032/) - GLOBAL REPORT According to the latest research by Power Systems Research, the global ATV & SxS market size is valued at $13.54 billion in 2024 and is expected to expand at a CAGR of 6.87% during the forecast period, reaching $22.85 billion by 2032. ATV stands for "All Terrain Vehicle." An ATV is an off-road
- [Volvo To Build Truck Plant in Mexico](https://www.powersys.com/2024/05/volvo-to-build-truck-plant-in-mexico/) - Volvo has announced plans to build a heavy-duty truck manufacturing plant in Mexico in 2026 to supplement the Group’s U.S. production.
- [World Hydrogen Summit:  The Hype Is Over](https://www.powersys.com/2024/05/world-hydrogen-summit-the-hype-is-over/) - Rotterdam--During the World Hydrogen Summit (WHS) here many industry leaders, politicians and stakeholders discussed the state of the art of this growing industry.
- [Heavy Rains Batter Brazilian OEM Operations](https://www.powersys.com/2024/05/brazilian-oems-suffer-from-heavy-rains/) - Heavy rainfall in Rio Grande do Sul has led to production disruptions in many local automotive OEM operations, including GM, AGCO, Marcopolo, John Deere, Randon.
- [Agrishow 2024 Reports US$ 2.6 Billion in Business](https://www.powersys.com/2024/05/agrishow-2024-reports-us-2-6-billion-in-business/) - Agrishow 2024 posted R$ 13.6 billion (US$ 2.6 Billion) in business, 2.4% higher than that recorded in 2023. With 520,000 square meters and 800 booths, the almost three-decade-old event in Ribeirão Preto (SP) received 195,000 people for five days, from small, medium and large Brazilian producers to representatives of international companies. Four representatives of our
- [Bosch China Establishes Commercial Vehicle Group](https://www.powersys.com/2024/05/bosch-china-establishes-commercial-vehicle-group/) - CHINA REPORT Bosch Powertrain announced the establishment of a commercial vehicle group, aiming to strengthen cross-domain cooperation at the same time it introduced a new electronic pneumatic braking system and intelligent mobility solutions for commercial vehicles at the 2024 Beijing International Automotive Exhibition. Bosch also has developed an advanced super thermal management system to address
- [Kubota Plans India as Global Production Hub](https://www.powersys.com/2024/05/kubota-plans-to-leverage-india-as-global-production-hub/) - INDIA REPORT In a strategic move reminiscent of Suzuki Motor's successful expansion strategy, Japanese agricultural equipment giant Kubota is carving out a path to global dominance by establishing India as its production nucleus. The recent acquisition of Escorts, a leading tractor manufacturer in India, marked a pivotal moment for Kubota, propelling it into a position
- [VW To Inject €2.5 billion into Hefei Base](https://www.powersys.com/2024/04/vw-to-inject-e2-5-billion-into-hefei-base/) - Volkswagen plans to increase investment in its Hefei base. VW has announced an investment of €2.5 billion in its production and innovation center in Hefei.
- [A New Path for Van Hool](https://www.powersys.com/2024/04/a-new-path-for-van-hool/) - EUROPE REPORT Brussels, Belgium – After weeks of uncertainty and, finally, a bankruptcy, bus and trailer manufacturer Van Hool can look to the future again. The company trustee has accepted the bid from the competitor VDL - Schmitz-Cargobull. This move was seen by the trustee as the quickest and most efficient way to restart the
- [John Deere Announces Investments in Brazil](https://www.powersys.com/2024/04/john-deere-announces-investments-in-brazil/) - John Deere has acquired the building housing its office in Indaiatuba (SP) and the Parts Distribution Center for SA (SA-PDC) in Campinas (SP), plus adjacent land for expansion.
- [Are Sodium Ion Batteries Viable Alternative to Lithium?](https://www.powersys.com/2024/04/are-sodium-ion-batteries-viable-alternative-to-lithium/) - Sodium ion (Na-ion) batteries are undergoing a critical period of commercialization as industries from automotive to energy storage bet big on the technology. .
- [New Hydrogen Colors to Watch in 2024](https://www.powersys.com/2024/04/new-hydrogen-colors-to-watch-in-2024-and-why-they-matter/) - Hydrogen has the potential to be emissions free but only if we understand how the hydrogen is generated / manufactured or whether it occurs naturally. Several new terms have been used recently in the press, and this article explains them. Gold hydrogen refers to naturally occurring deposits of the gas trapped underground in a way
- [Study Shows Plug-in Hybrids Aren't as Clean as We Thought](https://www.powersys.com/2024/04/study-shows-plug-in-hybrids-arent-as-clean-as-we-thought/) - A new report by the European Commission shows that plug-in hybrid electric vehicles create much more emissions than we previously thought.
- [CATL, Yutong Launch Long-life EV Battery](https://www.powersys.com/2024/04/catl-yutong-launch-long-life-ev-battery/) - CATL has launched a battery pack with Yutong Bus Co to power commercial vehicles like buses and trucks. Yutong said the new battery packs will be used in upcoming electric vehicles and that the new long-lasting EV battery has zero degradation through the first 1,000 cycles. The new EV battery pack, made with CATL, has
- [Global Lawn and Garden Equipment Market](https://www.powersys.com/2024/04/global-lawn-and-garden-equipment-market/) - The global awn and Garden Equipment Market, including commercial and residential equipment, is projected by Power Systems Research to reach sales of $46.16 billion by 2030.
- [Volvo To Begin Testing Heavy EV Trucks](https://www.powersys.com/2024/04/volvo-to-begin-testing-heavy-ev-trucks/) - Volvo plans to begin testing its heavy electric trucks in Brazil. The vehicles will be part of a study and will be able to operate in urban areas and metropolitan regions.
- [Hyundai-Kia and Stellantis Plan Different EV Strategies in India](https://www.powersys.com/2024/04/hyundai-kia-and-stellantis-plan-different-ev-strategies-in-india/) - The electric vehicle EV) market in India is seeing significant changes, with both domestic and multinational auto OEMs vying for market share.
- [PSR Is Looking Forward To INTERMAT 2024](https://www.powersys.com/2024/04/psr-is-looking-forward-to-intermat-2024/) - PARIS—The 2024 edition of INTERMAT, the International Exhibition for Construction and Infrastructure, is coming up soon. The four-day show will be held at the Paris Nord Villepinte Exhibition Center 30 minutes from Paris April 24-27, and Power Systems Research will be there. INTERMAT is a leading trade show that brings together close to 1,000 industry
- [India EV Market Provides Opportunities and Challenges](https://www.powersys.com/2024/03/india-ev-market-provides-opportunities-and-challenges/) - INDIA REPORT EDITOR’S NOTE: The 5th Annual TWF (Two Wheeler Forum) took place on Feb. 21 and 22, 2024, at the India International Convention & Expo Centre in Dwarka, New Delhi. Hosted in partnership with Trak N Tell, the event spotlighted aspects of the Indian two-wheeler and three-wheeler industry, spanning both electric and internal combustion
- [Electrification of China Construction Machinery Industry Accelerates](https://www.powersys.com/2024/03/electrification-of-china-construction-machinery-industry-accelerates/) - The electrification of the construction machinery industry in China continues to accelerate and leading manufacturers continue to joing forces for production.
- [AG and CE Segments Poised for Substantial Growth in Brazil](https://www.powersys.com/2024/03/ag-and-ce-segments-poised-for-substantial-growth-in-brazil/) - The agricultural and construction equipment sectors in Brazil are poised for significant growth in coming years, according to data compiled by Anfavea (National Association of Automotive Vehicle Manufacturers) in conjunction with the IBGE (Brazilian Institute of Geography and Statistics). A comprehensive survey identified 5.1 million agricultural establishments nationwide, of which 14.5% possessed tractors and 2.4%
- [Car OEMs Announce US$ 14.3 Billion Investment in Brazil](https://www.powersys.com/2024/03/car-oems-announce-us-14-3-billion-investment-in-brazil/) - In the past three months, investments announced by car OEMs in Brazil have reached US$ 14.3 billion. The largest commitment of US$ 6 billion, came from Stellantis.
- [Van Hool Making Major Changes](https://www.powersys.com/2024/03/van-hool-making-major-changes/) - At a special works council recently, bus manufacturer Van Hool announced over 1,100 jobs will be lost at the company between now and 2027. The redundancies and other job losses are part of the 'Van Hool Recovery Plan' the company is introducing to get the business back on track. The largest number of job losses
- [Rolls-Royce Reports 16% Revenue Growth in 2023](https://www.powersys.com/2024/03/rolls-royce-reports-16-revenue-growth-in-2023/) - Rolls Royce Power Systems Business Unit, based in Friedrichshafen, Germany, reported sales of EUR 4.56 billion in fiscal 2023, a 16% increase over 2022. Operating profit hit 10.2%, up from 8.4% in 2022.
- [E-Battery Technology Increases Opportunities](https://www.powersys.com/2024/03/e-battery-technology-increases-opportunities/) - As battery technology increases, the opportunities for battery-powered equipment continue to grow, especially in the Lawn & Garden and recreational products segments. The factors of reduced weight, increased charging capacity and lower cost are making battery-powered equipment more attractive to consumers and commercial users in these segments. Lawn & Garden. The capacity of lithium-ion battery
- [Van Hool To End City Bus Production in Belgium](https://www.powersys.com/2024/03/van-hool-to-end-city-bus-production-in-belgium/) - GLOBAL REPORT Van Hool has announced its exit from the City Bus business and focus on Hydrogen fuel cell coaches which appears to have been a serious miscalculation. As the market transitions away from internal combustion engine buses toward battery electric buses, Van Hool has been left behind. Van Hool recently lost a bid for
- [Europe May Slap Retroactive Tariffs on Chinese EVs](https://www.powersys.com/2024/03/europe-may-slap-retroactive-tariffs-on-chinese-evs/) - In October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies continue to struggle to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs
- [Why Are Hydrogen Fuel Cells So Expensive?](https://www.powersys.com/2024/03/why-are-hydrogen-fuel-cells-so-expensive/) - The technology involved in using H2 as an energy source can be costly for several reasons.
- [Lithium-Air EV Batteries Tapped For Net Zero Economy Of The Future](https://www.powersys.com/2024/03/lithium-air-ev-batteries-tapped-for-net-zero-economy-of-the-future/) - The US Department of Energy is funding development of new Li-air batteries powerful enough to move full-sized airplanes, locomotives, and seagoing vessels.
- [Germany Drops Subsidies for Electric Semi-trucks and Buses](https://www.powersys.com/2024/03/germany-drops-subsidies-for-electric-semi-trucks-and-buses/) - Like it did with passenger EV rebates in December, Germany has decided to pull the plug on subsidy programs for electric semi-trucks and city buses.
- [CATL Expands Battery Market Share Lead in 2023](https://www.powersys.com/2024/02/catl-expands-battery-market-share-lead-in-2023/) - CleanTechnica’s 2023 provisional report shows a 40% growth in demand for lithium-ion batteries in the automotive sector. CATL and BYD lead the market, with CATL holding a 34% share.
- [Electric Trucks Can Haul 100 Tons](https://www.powersys.com/2024/02/electric-trucks-can-haul-100-tons/) - Caterpillar and CRH have collaborated to test electric mining trucks capable of hauling up to 100 tons, aiming for sustainable heavy equipment solutions and decarbonization.
- [Daimler's Aims for Hydrogen Milestone](https://www.powersys.com/2024/02/daimlers-aims-for-hydrogen-milestone/) - Daimler's GenH2 hydrogen trucks, powered by liquid hydrogen for an electric motor, are set to hit German roads in 2024. These trucks have a hauling capacity of about 25 tons.
- [Toyota Maintains EV Market Skepticism](https://www.powersys.com/2024/02/toyota-maintains-ev-market-skepticism/) - Akio Toyoda, Toyota's chairman, is skeptical about the widespread adoption of electric vehicles (EVs), estimating they will achieve only a 30% market share.
- [Shell To Exit Light Duty FCEV Market in California](https://www.powersys.com/2024/02/shell-to-exit-light-duty-fcev-market-in-california/) - Effective Feb. 6, 2024, Shell permanently closed its seven light duty hydrogen fuel stations in California citing “hydrogen supply complications and other external market factors."
- [Global Powersports Market Forecast To Exceed $35 Billion in 2025](https://www.powersys.com/2024/02/global-powersports-market-forecast-to-exceed-35-billion-in-2025/) - According to Power Systems Research, the global powersports market size was valued at $31.41 billion in 2023, and is projected to reach $53.64 billion by 2032.
- [Cummins To Produce New Off Highway Engine at Guarulhos Plant](https://www.powersys.com/2024/02/cummins-to-produce-new-off-highway-engine-at-guarulhos-plant/) - Cummins Brazil plans the introduction of the new QSF 4.5 engine, boasting 210 hp at 2300 revolutions per minute (rpm), specifically tailored for the Off-Highway segment.
- [Brazil Posts Record Heavy Duty Trailers Sales in January 2024  ](https://www.powersys.com/2024/02/brazil-posts-record-heavy-duty-trailers-sales-in-january-2024/) - The Heavy Duty Trailers market has started the year 2024 with a record-breaking January, boasting 7,075 registrations of trailers and semi-trailers. This achievement reflects an impressive 8% surge compared to January 2023. The exceptional performance of road implements at the outset of the year is predominantly attributed to the agribusiness sector. Source: Automotive Business Read
- [VW To Invest US$250 Million in Argentina by 2026](https://www.powersys.com/2024/02/vw-to-invest-us250-million-in-argentina-by-2026/) - Volkswagen plans to invest US$ 250 million in Argentina by 2026. The funds will be used for production of the Amarok medium pickup truck.
- [India FY25 Budget Is Driving EV Revolution](https://www.powersys.com/2024/02/india-fy25-budget-is-driving-ev-revolution/) - The Indian government's Budget for fiscal 2024-25 emphasizes the electric vehicle (EV) ecosystem. The budget positions India as a leader in the global EV market.
- [LGMG and CATAL Sign Strategic Cooperation Agreement](https://www.powersys.com/2024/02/lgmg-and-catal-sign-strategic-cooperation-agreement/) - Lingong Heavy Machinery Co., Ltd. and CATAL New Energy Technology Co., Ltd. have signed a strategic cooperation agreement to develop electric construction machinery.
- [GM, Komatsu Plan Hydrogen Fuel Cells for EV Mining Truck](https://www.powersys.com/2024/01/gm-komatsu-plan-hydrogen-fuel-cells-for-ev-mining-truck-2/) - ALTERNATIVE POWER REPORT General Motors and mining and construction equipment giant Komatsu plan to jointly design and validate the hydrogen fuel cell technology for the 930E electric drive mining truck. GM has been conducting hydrogen fuel cell research and product development for more than 50 years and has developed platforms for both lithium-ion batteries and
- [Drivers of Heavy, Dirty Cars Pay Stiff Penalty Tax in France](https://www.powersys.com/2024/01/drivers-of-heavy-dirty-cars-pay-stiff-penalty-tax-in-france-2/) - As of Jan. 1, 2024, the French government has revised its one-time penalty tax for registering bulky, CO2-emitting cars, to include many more ICE vehicles.
- [Survey: EV Range Anxiety Slips in Importance](https://www.powersys.com/2024/01/survey-ev-range-anxiety-slips-in-importance-2/) - A recent survey shows that Range Anxiety has fallen to third place with only 22% citing it as a major concern behind charging infrastructure and price.
- [Cathode Material for Cheaper, More Sustainable EVs Developed](https://www.powersys.com/2024/01/cathode-material-for-cheaper-more-sustainable-evs-developed-2/) - Researchers at the Department of Energy have patented a cathode material that replaces lithium ions with sodium and that would be significantly cheaper to produce.
- [Consumers, Professionals Boost Lawn & Garden Spending](https://www.powersys.com/2024/01/consumers-professionals-boost-lawn-garden-spending/) - Lawn and garden equipment manufacturers make powered lawn and garden equipment, primarily for household and business maintenance of lawns and gardens.
- [BYD Plans Supply Chain Verticalization in Brazil](https://www.powersys.com/2024/01/byd-plans-supply-chain-verticalization-in-brazil/) - Chinese carmaker BYD says it plans to verticalize its EV production in Brazil, ranging from mining and processing to battery manufacturing and the production of buses and cars.
- [BYD Seeks To Acquire Lithium Mining Operation](https://www.powersys.com/2024/01/byd-seeks-to-acquire-lithium-mining-operation/) - BYD is negotiating to acquire Sigma Lithium, the largest lithium mining entity in Brazil. The potential agreement could be valued at R$ 14.3 billion.
- [Deutz AG To Sell Torqeedo Shares To Yamaha](https://www.powersys.com/2024/01/deutz-ag-to-sell-torqeedo-shares-to-yamaha/) - Deutz AG signed an agreement Jan. 19, 2024, to sell its shares in Torqeedo to Yamaha. The sale of Torqeedo’s shares were announced at the Deutz Annual Meeting held in April 2023.
- [Electric Hydro Foiling Popular in Maritime Industry      ](https://www.powersys.com/2024/01/electric-hydro-foiling-popular-in-maritime-industry/) - The electric hydro foiling propulsion system is a fast-growing technology taking an important place in the future of the maritime industry.
- [Recharging Slows Electrification of HD Trucks](https://www.powersys.com/2024/01/recharging-slows-penetration-of-new-energy-hd-trucks/) - In 2022, the penetration rate of new energy units in the heavy-duty trucks was close to 5%. The lack of charging stations is slowing this development.
- [Ford's Potential Return to India](https://www.powersys.com/2024/01/fords-potential-return-to-india/) - Ford's decision to retain its factory in Tamil Nadu and its plans for the assembly of the latest Endeavour signal a strategy shift towards EVs and exports.
- [Dieselgate 2.0: 600K Ram Trucks Recalled](https://www.powersys.com/2024/01/dieselgate-2-0-600k-ram-trucks-recalled/) - Cummins is recalling 600,000 Ram trucks as part of a US$2 billion settlement with authorities for using illegal software to cheat results of diesel emissions tests.
- [Chinese Face More Restrictions on EV Exports](https://www.powersys.com/2024/01/chinese-face-more-restrictions-on-ev-imports/) - For some countries, electric cars coming from China are seen as a threat to local companies and their workers and they are using import tariffs to solve the problem.
- [Silicon Powder Yields 10X Battery Improvements](https://www.powersys.com/2024/01/silicon-powder-yields-10x-battery-improvements/) - New Silicon anode powder consists of tiny particles of nano-structured silicon that replaces graphite in lithium ion batteries. Silicon stores up to 10 times more energy than graphite.
- [Will Fuel Cell Cars Be Relevant in 20 Years?](https://www.powersys.com/2024/01/will-fuel-cell-cars-be-relevant-in-20-years/) - By 2044, hydrogen fuel cell cars will represent only about 4% of the total zero-emission passenger vehicles market, according to a recent forecast.
- [Survey: EV Range Anxiety Slips in Importance](https://www.powersys.com/2024/01/survey-ev-range-anxiety-slips-in-importance/) - Survey shows that Range Anxiety has fallen to third place with only 22% of participants citing it as a major concern behind charging infrastructure and price.
- [Drivers of Heavy, Dirty Cars Pay Stiff Penalty Tax in France](https://www.powersys.com/2024/01/drivers-of-heavy-dirty-cars-pay-stiff-penalty-tax-in-france/) - As of Jan. 1, 2024, the French government has revised its one-time penalty tax for registering bulky, CO2-emitting cars, to include many more ICE vehicles.
- [GM, Komatsu Plan Hydrogen Fuel Cells for EV Mining Truck](https://www.powersys.com/2024/01/gm-komatsu-plan-hydrogen-fuel-cells-for-ev-mining-truck/) - General Motors and mining and construction equipment giant Komatsu plan to jointly design and produce hydrogen fuel cell technology for an electric drive mining truck.
- [High Energy Density, Cobalt-Free Lithium-Ion Battery Developed](https://www.powersys.com/2023/12/high-energy-density-cobalt-free-lithium-ion-battery-developed/) - Today's EVs are predominantly powered by nickel-manganese-cobalt (NMC) lithium-ion batteries, even though the availability of the cobalt in this type of batteries is a problem.
- [CATL Creates Fast Charging Electric Car Skateboard](https://www.powersys.com/2023/12/catl-creates-fast-charging-electric-car-skateboard-with-1000-km-range/) - CATL, the world’s largest battery manufacturer, has created a skateboard design that incorporates all the bits and pieces needed to make a fully functional electric car.
- [Record-Low EV Battery Prices Recorded in 2023](https://www.powersys.com/2023/12/record-low-ev-battery-prices-recorded-in-2023/) - Several factors have caused lithium-ion battery packs to sell at record low prices in 2023. After dropping 14%, they are down to $139/kWh vs 2022.
- [US Discovers Local Lithium Bonanza For EV Batteries](https://www.powersys.com/2023/12/us-discovers-local-lithium-bonanza-for-ev-batteries/) - A few years ago, the idea of manufacturing EV batteries in the US was fraught with hurdles, the key issue being the absence of a domestic lithium pipeline. The US had earned a reputation as the biggest producer of lithium in the world, as well as the biggest user of lithium in the world (it
- [Electrify Where It Makes Sense](https://www.powersys.com/2023/12/electrify-where-it-makes-sense/) - Energy and the environment are the issues that will redefine the trucking industry over the next decade, says Chris Spear, president and CEO of the American Trucking Associations.
- [Outdoor Recreation Adds $1Trillion to U.S. Economy](https://www.powersys.com/2023/12/outdoor-recreation-added-1-trillion-to-u-s-economy-in-2022/) - The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) data for 2022 shows the outdoor recreation’s economic impact on the U.S. economy.
- [Kobelco Expands European Headquarters](https://www.powersys.com/2023/12/kobelco-expands-european-headquarters/) - Kobelco Construction Machinery, a Japanese firm, is relocating its European headquarters from Almere to a larger new purpose-built facility in Lelystad.
- [VW Trucks and Bus To Restart Two Shifts in January](https://www.powersys.com/2023/12/vw-trucks-and-bus-to-restart-two-shifts-in-january/) - Volkswagen Trucks and Bus announced that it will return in January from collective vacations to resume production in two full shifts, marking a return to a pre-April status. Since April, alternating worker groups have managed the production line and remote work, with workers undergoing training courses during off-duty periods. This measure was essential due to
- [Argentina Vehicle Production Grew in November](https://www.powersys.com/2023/12/argentina-vehicle-production-grew-in-november/) - Argentina's vehicle production rebounded in November from October, reaching 56,500 units—an 8.9% increase from the previous month and 6% higher than November 2022.
- [Brazil Off Highway Machine Sales Continue To Decline](https://www.powersys.com/2023/12/brazil-off-highway-machine-sales-continue-to-decline/) - Brazil Agricultural machinery sales hit 49,500 units through October, down 11.8% from the same period last year. In October, 4,900 units were sold, down 25.8% from 2022.
- [Mahindra Plans To Double Tractor Exports](https://www.powersys.com/2023/12/mahindra-plans-to-double-tractor-exports/) - Mahindra plans to launch its Oja platform could help it double its farm equipment exports in the next three years, increasing its exports to 36,000 in about three years.
- [Weichai-BYD JV Begins Production of Battery Plant](https://www.powersys.com/2023/11/weichai-byd-jv-begins-production-of-battery-plant/) - The joint venture between Weichai Power and BYD has started construction on its battery factory, which has quickly become a hot topic in the industry.
- [China Discovers Unique Battery Material](https://www.powersys.com/2023/11/china-discovers-unique-battery-material/) - A newly discovered ore containing vast quantities of an element widely used in semiconductors has been found in China. The discovery could propel new advances in battery technology. Geologists have found the rare earth metal niobium inside the new ore named niobobaotite from north China’s Inner Mongolia. The rare earth metal is widely used in
- [Toyota Joins Race To Mass Produce Batteries](https://www.powersys.com/2023/11/toyota-joins-race-to-mass-produce-batteries/) - Toyota Motor Company is the latest automaker delving into solid-state battery technology, vowing to mass produce the safer and more energy dense cells in four years.
- [Could Toyota's Ammonia Engine Bring the End of EVs?](https://www.powersys.com/2023/11/could-toyotas-ammonia-engine-bring-the-end-of-evs/) - The ammonia technology is the result of a collaboration of Toyota with the GAC Group, a Chinese state-owned manufacturer. The ammonia engine is a form of internal combustion engine (ICE) powered primarily by ammonia.
- [White Hydrogen Could Reduce Decarbonization](https://www.powersys.com/2023/11/white-hydrogen-could-reduce-decarbonization/) - Scientists in France have discovered what has the potential to be a huge white hydrogen deposit, (white hydrogen is naturally occurring H2).
- [Vehicle Production in Brazil Stagnates](https://www.powersys.com/2023/11/vehicle-production-in-brazil-stagnates/) - During the first 10 months of 2023, Brazilian On Highway Vehicle production saw an increase in imports of about 58,000 units and a drop in exports o more than 52,000 vehicles.
- [XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant](https://www.powersys.com/2023/11/xcmg-to-invest-us-55-million-in-brazil-electric-truck-plant/) - XCMG has signed a letter of intent to invest in Pouso Alegre. XCMG also plans to invest in the creation of a research and development center in the Brazilian state.
- [Brazilian Marcopolo OKs Fuel Cell bus in Europe](https://www.powersys.com/2023/11/brazilian-marcopolo-oks-fuel-cell-bus-in-europe/) - With a capacity of 53 passengers, Marcopolo's model bus, the Audace Fuel Cell, is a road unit.. With six cylinders it is possible to reach 900 kilometers.
- [VW Announces Pickup Truck To Fight with Fiat Toro](https://www.powersys.com/2023/11/vw-announces-pickup-truck-to-fight-with-fiat-toro/) - VW plans to introduce a pickup truck at its São José dos Pinhais plant in Paraná, Brazil. The truck is part of the OEM's €1 billion investment in Brazil out to 2028.
- [Construction Equipment Set for Substantial Growth](https://www.powersys.com/2023/11/construction-equipment-sector-poised-for-substantial-growth/) - The India construction equipment industry is looking at a projected 15% year-on-year growth over the next five years.
- [Outboard Marine Engine Market Hits $5.5 Billion](https://www.powersys.com/2023/11/outboard-marine-engine-market-hits-5-5-billion/) - The global Outboard Marine Engine Market is estimated to be $5.54 billion, and is expected to reach $8.99 billion by 2035, according to Power Systems Research.
- [Transitioning from ICE Buses to Zero-Emission Engines](https://www.powersys.com/2023/11/transitioning-from-ice-buses-to-zero-emission-engines/) - Recently, we have seen significant changes in the bus market in Europe and North America as operations convert from internal combustion engines to zero-emission buses.
- [Both Battery and Hydrogen Fuel Cars Needed](https://www.powersys.com/2023/10/both-battery-and-hydrogen-fuel-cars-needed/) - 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
- [Lithium Deposit In Nevada Could Be World's Largest](https://www.powersys.com/2023/10/lithium-deposit-in-nevada-could-be-worlds-largest/) - 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
- [Sonalika Group Plans $100 Million for Export Facility](https://www.powersys.com/2023/10/sonalika-group-plans-100-million-for-export-facility/) - Sonalika Group is planning to spend approximately $100 million to set up a manufacturing facility in India for the production of tractors to export.
- [FAW Jiefang, CATL Launch New Energy Venture](https://www.powersys.com/2023/10/faw-jiefang-catl-launch-new-energy-venture/) - FAW Jiefang and CATL have set up a joint venture company, Jiefang (Jilin) New Energy Technology Co., Ltd., to do business in the new energy segment.
- [Brazil To Become Hub for EV Bus Chassis Production](https://www.powersys.com/2023/10/brazil-to-become-hub-for-ev-bus-chassis-production/) - Mercedes is exhibiting its electric bus chassis eO500U at Busworld in Brussels targeting other markets where the body is assembled over the bus chassis.
- [Higer Azure Electric Bus Debuts in São Paulo](https://www.powersys.com/2023/10/higer-azure-electric-bus-debuts-in-sao-paulo/) - The Azure A12 BR electric bus, from China's TEVX Higer, has started operating in the South Zone of São Paulo. The vehicle has been put into use by Transwolff. According to the company, the 12-meter-long vehicle was made especially for the Brazilian market. It has a low floor and a suspension "kneeling" system. This feature
- [Brazil’s School Bus Program Postponed](https://www.powersys.com/2023/10/brazils-school-bus-program-postponed/) - The auction of the federal program “Caminhos da Escola” has been postponed indefinitely. A new date has not been set. The new stage provides for the purchase of 163,000 busses.
- [2023 Cannes Yachting Festival Sets Records](https://www.powersys.com/2023/10/2023-cannes-yachting-festival-sets-records/) - EUROPE REPORT The 46th Cannes Yachting Festival was the largest one ever, hosting 610 exhibitors and 705 boats. The Cannes Yachting Festival remains the largest and the most visited European pleasure boat show organized on the water. The show’s organizers said the event has never hosted that many motor and sailing, mono and multi hulls,
- [E-Motorcycle Product Report](https://www.powersys.com/2023/10/e-motorcycle-product-report/) - 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
- [Global Economy Seeing Modest Growth with Positive Outlook](https://www.powersys.com/2023/10/global-economy-seeing-modest-growth-with-positive-outlook/) - GLOBAL REPORT 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
- [Tesla Breaks Ground for Diner with Theater and Supercharger](https://www.powersys.com/2023/10/tesla-breaks-ground-for-diner-with-theater-and-supercharger/) - 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
- [EU May Impose Tariffs on Chinese EVs](https://www.powersys.com/2023/10/eu-may-impose-tariffs-on-chinese-evs/) - 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
- [Black Mass, Black Gold, And the Truth About EV Battery Recycling](https://www.powersys.com/2023/09/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.
- [Australian Mining — Can It Power All The New EVs?](https://www.powersys.com/2023/09/australian-mining-can-it-power-all-the-new-evs/) - Australia is the largest exporter of lithium in the world and has the largest lithium mine in the world.
- [Redesigned Zinc-Air Batteries ‘Better’ than Lithium, say Researchers](https://www.powersys.com/2023/09/redesigned-zinc-air-batteries-better-than-lithium-say-researchers/) - Researchers at Edith Cowan University have redesigned zinc-air batteries and claim the technology to be preferable to lithium-ion batteries for electric vehicles.
- [Zepp Gets Financial Boost To Build State-of-the-Art Fuel Cell Systems Factory](https://www.powersys.com/2023/09/zepp-gets-financial-boost-to-build-state-of-the-art-fuel-cell-systems-factory/) - Zepp.Solutions, has secured €1.98 million ($2.16 million) grant funding from the European Just Transition Fund (JTF) to develop a fuel cell systems factory in the Netherlands.
- [Daimler’s RIZON Electric Truck Feels like Driving a Car](https://www.powersys.com/2023/09/daimlers-rizon-electric-truck-feels-like-driving-a-car/) - Daimler recently launched a class 4-5 medium-duty electric truck brand, RIZON, and Electrek reports that it feels like it would be on long shifts.
- [The Hydrogen Stream: Hydrogen Buses Less Efficient than Battery Models](https://www.powersys.com/2023/09/the-hydrogen-stream-hydrogen-buses-less-efficient-than-battery-models/) - Scientists have analyzed data from fuel cell electric buses and battery electric buses, and discovered that Hydrogen bus efficiency is lower than battery electric buses.
- [Two New Approaches To Wind-Powered Ships](https://www.powersys.com/2023/09/two-new-approaches-to-wind-powered-ships/) - 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
- [Sany MOTA Launches Battery Rental Business.](https://www.powersys.com/2023/09/sany-mota-launches-battery-rental-business/) - The Sany Group has taken a major step in the electrification of the heavy truck market segment with the launch on Aug. 30, 2023, of Sany Magic Tower Energy Co., Ltd.
- [Bus Sector Bounces Back: EVs Fuel Post-Covid Growth](https://www.powersys.com/2023/09/bus-sector-bounces-back-evs-fuel-post-covid-growth/) - OEMs increasing their focus on the Indian Bus sector powered by alternative fuels to drive growth in the post-Covid period.
- [Strong E-Bike Market Growth Seen](https://www.powersys.com/2023/09/e-bike-market-analysis/) - The pandemic bike boom boosted e-bike sales 145% from 2019 to 2020. Power Systems Research estimates the global e-bike market at US$ 23.2B in 2022 and expects the market to reach US$ 78B by 2030.
- [Hydrogen Fuel Cell MH Commercial Vehicle Update](https://www.powersys.com/2023/09/hydrogen-fuel-cell-mh-commercial-vehicle-update/) - 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
- [Companies Support Government Fleet Renewal Program](https://www.powersys.com/2023/09/companies-support-government-fleet-renewal-program/) - Gerdau, Vamos and Volkswagen Caminhões have formed a partnership to support the national fleet renewal program, aimed at removing from roads vehicles more than 20 years old. The fleet renewal program provides for the purchase of low emission and more efficient vehicles by self-employed drivers and other operations. Under the plan, 140 acquired vehicles were
- [Brazil Motorcycle Production To Reach 1.5 Million in 2023](https://www.powersys.com/2023/09/brazil-motorcycle-production-to-reach-1-5-million-in-2023/) - In the first seven months of 2023, manufacturers affiliated with Abraciclo assembled 887,000 motorcycles, up 14.3% over the same period in 2022.
- [BEV Demand Boosts Brazil Mining Investment](https://www.powersys.com/2023/09/bev-demand-boosts-brazil-mining-investment/) - Over the next five years in Brazil, companies are expected to invest approximately US$ 8 billion in mining of key strategic minerals.
- [PSR Participates in SAE Brazil Mobility Forum](https://www.powersys.com/2023/08/psr-sponsoring-presenting-at-sae-brazil-mobility-forum/) - For the fifth consecutive year, Power Systems Research (PSR) will participate in the 20th SAE Mobility Forum in Curitiba-PR. This year’s event will be held Sept. 12and 13 at FIEP (Paraná State Industries Federation) auditorium. This Forum brings together the most important companies in the Medium Heavy Vehicles and Off Highway Vehicles in Brazil. Originally,
- [Hydrogen Engines Face Production Hurdles](https://www.powersys.com/2023/08/hydrogen-engines-face-hurdles-to-mainstream/) - There are four major hurdles to resolve before hydrogen can become mainstream.
- [VW Unveils Four EV Breakthroughs](https://www.powersys.com/2023/08/vw-unveils-four-ev-breakthroughs/) - VW's US Innovation Hub just announced four breakthroughs in electric mobility and sustainable transport. First, the team used artificial intelligence on University of Tennessee’s high-performance computer cluster to develop a modular structure in the shape of tiny pyramids; the structure can be 3D-printed from liquid resins and can hold 30K times its own 0.15 lb
- [XCMG Group, Toyota Sign Cooperation Pact](https://www.powersys.com/2023/08/xcmg-group-toyota-sign-strategic-cooperation-agreement/) - CHINA REPORT XCMG Group and Toyota have signed a strategic cooperation agreement in the field of hydrogen energy. The companies will build a complete hydrogen energy machine and core component industry base centered around Xuzhou, which will drive development of the hydrogen energy industry in Xuzhou. XCMG Group expects this contract to aid both parties
- [Hyundai Motor and LG Energy To Build Battery Plant in U.S.](https://www.powersys.com/2023/06/hyundai-motor-and-lg-energy-to-build-battery-plant-in-u-s/) - FAR EAST: SOUTH KOREA REPORT South Korea's Hyundai Motor Group and LG Energy Solutions said they plan to build a joint automotive battery plant in the United States. They will split the total investment of $4.3 billion (about 600 billion yen) on a 50-50 basis and plan to start operations by the end of 2025.
- [Continued Growth Seen for Powersports Market](https://www.powersys.com/2023/08/continued-growth-seen-for-powersports-market/) - The growing popularity of powersports is expected to provide many new opportunities in this rapidly expanding market. Several trends are fueling this long-term growth. .
- [Maruti Suzuki Plans India Market Expansion](https://www.powersys.com/2023/08/maruti-suzuki-plans-india-market-expansion/) - Maruti's 3.0 Strategy calls for the company proposes to expand annual capacity by 2 million units within nine years, and it plans to feature 28 distinct models by 2031.
- [29% of 2023 Trucks Fit with Euro 6 Engines](https://www.powersys.com/2023/08/29-of-trucks-produced-in-2023-equipped-with-euro-6-engines/) - Data released by Anfavea about July Sales and Production show only 29% of the trucks sold in 2023, and produced during the year, met the PROCONVE P8 / Euro VI emissions regulation. From January to July 2023, 53,900 trucks were produced, 36.2% below the 84,500 units produced in same period last year. This amount is
- [Mexico Beats Argentina for Brazilian Vehicle Exports](https://www.powersys.com/2023/08/mexico-beats-argentina-as-main-destination-of-brazilian-vehicle-exports/) - Mexico became the main trading partner of the Brazilian automotive sector in July, beating Argentina in 2023 YTD results. Brazil exports volume to Mexico are favorable because of a 33% growth in the Mexican domestic market. Brazil expanded its exports to the country by 142%, according to Anfavea. Even with the help of increasing exports
- [U.S. Economic Downturn this Year or Next?](https://www.powersys.com/2023/08/economic-downturn-this-year-or-next/) - The general consensus among economists is there will be a recession coming soon in the United States, either later in 2023 or the first of part of 2024.
- [New Machinery Requirements](https://www.powersys.com/2023/08/new-machinery-requirements/) - New EU regulations mean manufacturers must consider safety, the environment and machine learning.
- [Methane Is A Big Greenhouse Gas Problem](https://www.powersys.com/2023/08/methane-is-a-big-greenhouse-gas-problem/) - The world has a methane gas problem. Methane is over 80 times worse for forcing global heating over 20 years than its greenhouse gas sibling, carbon dioxide. And yet we love to burn natural gas, which is mostly methane, to make electricity and heat. Our agricultural and food systems leave a lot of biomass lying
- [EV Gas Emissions Evaluated](https://www.powersys.com/2023/08/evs-have-fewer-greenhouse-gas-emissions-than-gas-vehicles/) - Argonne National Laboratory's analysis shows that EVs have fewer greenhouse gas emissions than gasoline or hybrid EVs when the entire life cycle is considered.
- [BYD Establishes JV To Produce Sodium-Ion EV Batteries](https://www.powersys.com/2023/07/byd-establishes-jv-to-produce-sodium-ion-ev-batteries/) - Chinese automotive conglomerate BYD is establishing a joint venture with Huaihai Holding Group to establish themselves as the world’s largest supplier of sodium-ion batteries for small EVs. Previously, we’ve seen CATL (BYD’s main competitor), announce plans to produce sodium-ion cells. Sodium-ion batteries deliver a lower energy density than traditional lithium-ion cells but cost notably less
- [Outdoor Power Equipment Shifts To Electric](https://www.powersys.com/2023/07/outdoor-power-equipment-shifts-to-electric/) - In recent years, there has been a noticeable shift towards environmentally friendly and energy-efficient outdoor power equipment in the global market. This shift is evident in both the consumer and the construction markets. Battery-powered tools have gained popularity because of their lower emissions, reduced noise levels, and convenience. Listed below are several trends developing in
- [EV Purchase Subsidies Planned To Promote Sales](https://www.powersys.com/2023/01/ev-purchase-subsidies-planned-to-promote-sales/) - SOUTHEAST ASIA: 6 MAJOR COUNTRIES REPORT Indonesia plans to introduce a subsidy program to encourage the purchase of EVs starting in 2023. The goal is to increase the number of EV users to 2.5 million by 2025 and reduce air pollution. The EV purchase subsidy program will be added to the list of EV policies
- [Hyundai Plans $14.7 Billion for Software Development](https://www.powersys.com/2023/01/hyundai-plans-14-7-billion-for-software-development/) - FAR EAST: SOUTH KOREA REPORT Hyundai Motor Company is getting serious about developing the software needed for automated driving, etc. It has decided to invest $14.7 billion by 2030 and has begun building a development structure and embarking on M&A. Hyundai Motor Company has achieved record profits through a shift in strategy in conjunction with
- [Electric Light-Duty Trucks Must Meet 5% METI Goal by FY2030](https://www.powersys.com/2023/01/electric-light-duty-trucks-must-meet-5-meti-goal-by-fy2030/) - FAR EAST: JAPAN REPORT The Ministry of Economy, Trade and Industry (METI) now requires shippers that transport a large volume of freight to set a target of using 5% electric light-duty trucks by FY2030, which includes EVs and fuel cell vehicles (CVs), but not hybrids. They will also be required to submit periodic reports on
- [Thailand Kubota Takes Measures To Secure Manpower](https://www.powersys.com/2023/02/thailand-kubota-takes-measures-to-secure-manpower/) - Thailand's Kubota Corporation secures future manpower through automation and improved benefits. Discover how the manufacturing industry is preparing for labor shortages.
- [Hyundai To Start Operations at Plant in Vietnam](https://www.powersys.com/2023/02/hyundai-to-start-operations-at-plant-in-vietnam/) - Hyundai and Vietnamese conglomerate Thanh Cong Group start auto plant in Ninh Binh province, with an annual production capacity of 100k vehicles.
- [Japanese Auto OEMs Seek Battery Production in NA](https://www.powersys.com/2023/02/japanese-auto-oems-seek-battery-production-channel-in-na/) - Major Japanese automakers seek battery production channels in North America. Investments are increasing as smaller automakers seek alliances to secure batteries.
- [Honda Plans Personal Electric Motorcycles](https://www.powersys.com/2023/04/honda-plans-personal-electric-motorcycles/) - Honda plans to produce more than 10 models of EV motorcycles worldwide by 2025. The company plans to increase its sales to 3.5 million units worldwide by 2030.
- [Vingroup To Enter EV Cab Market](https://www.powersys.com/2023/04/vingroup-to-enter-ev-cab-market/) - VIETNAM REPORT Vingroup plans to launch a cab business using EVs in the country in April. The founder and chairman of the company has established a new company, owning a 95% stake. The company plans to start the service in Hanoi, the capital of the country, and expand it nationwide within the year. The company
- [Hyundai China Sales Drop 77% in Six Years](https://www.powersys.com/2023/07/hyundai-china-sales-drop-77-in-six-years/) - South Korea's Hyundai Motor says it will sell two plants in China, reducing the number of plants in operation to two, because its sales in China declined 77% in six years.
- [Honda Forced To Reduce Car Features](https://www.powersys.com/2023/07/honda-forced-to-reduce-car-features/) - Honda will sell some of its new vehicles without certain features, saying the dedicated semiconductors required for this function have been in short supply.
- [Kia Plans Customer Specific EVs](https://www.powersys.com/2023/05/kia-plans-customer-specific-evs/) - Kia concentrates on specific units such as delivery vehicles and cabs. It is jointly developing delivery vehicles with Korea's largest online retailer, Coupang.
- [Hitachi To Launch Remote Excavator in FY2023](https://www.powersys.com/2023/05/hitachi-to-launch-remote-excavator-in-fy2023/) - Hitachi Construction Machinery says it will release a medium-sized hydraulic excavator that can be operated remotely during 2023. Demand is expected to increase due to labor shortages.
- [China’s Changan Auto To Build EV Plant in Thailand](https://www.powersys.com/2023/05/chinas-changan-auto-to-build-ev-plant-in-thailand/) - Changan Automobile, a major Chinese automobile OEM, plans to establish a new plant for EVs in Thailand. The investment will be US$ 284 million.
- [Indonesia Plans To Become Major Player in Car Industry](https://www.powersys.com/2023/06/indonesia-plans-to-become-major-player-in-car-industry/) - Indonesia is vying to become the new leader in the EV segment.
- [Hino Motors and Mitsubishi Fuso To Merge](https://www.powersys.com/2023/06/hino-motors-and-mitsubishi-fuso-to-merge/) - FAR EAST: JAPAN REPORT The announced reorganization of several commercial vehicles companies came suddenly and was one that few in the industry expected. On May 30, Toyota Motor Corporation and Daimler Trucks of Germany announced a business merger between Toyota-owned Hino Motors and Daimler-owned Mitsubishi Fuso Truck and Bus Corporation. The merger is expected to
- [Scania Launches HV Truck with 900km Range](https://www.powersys.com/2023/07/scania-launches-hv-truck-with-900km-range/) - The X-gas line by Scania, will have versions with powers of 280, 340 and 410 horsepower, and a range of 900 km, 400 km more than Scania's version in the gas segment.
- [Q2 2023 Economic Update Is Mostly Positive](https://www.powersys.com/2023/07/q2-2023-economic-update-is-mostly-positive/) - There are several factors that could contribute to modest economic growth in H2 2023. This should lead to total production globally growing at +2.6% in 2023 (vs 2022).
- [VW Claims New Dry Battery Process Is Money-Saver](https://www.powersys.com/2023/07/vw-claims-new-dry-battery-process-is-money-saver/) - VW says it has a new dry coating process that will lower the price of its EVs by several hundred dollars. Dry coating reduces energy consumption in battery production by 30%
- [Offshore Hydrogen Could Be 10x Cost Of LNG](https://www.powersys.com/2023/07/offshore-hydrogen-could-be-10x-cost-of-lng/) - European energy policy makers apparently are taking a DNV report on offshore hydrogen manufacturing seriously. But it may not stand up to scrutiny
- [What Is the Future of Alternative Power?](https://www.powersys.com/2023/07/what-is-the-future-of-alternative-power/) - Switching to electric has drawbacks such as cost and their modest power density, which reduces their ability to power heavy equipment for a full working day.
- [BYD Expands Production in Brazil](https://www.powersys.com/2023/07/byd-expands-production-in-brazil/) - BYD will build an industrial complex in Camaçari, Bahia. The OEM, will produce passenger vehicles, electric bus and truck chassis and batteries at the plant.
- [Alternative Propulsion MHVs Down 55% YTD in Brazil](https://www.powersys.com/2023/07/alternative-propulsion-mhvs-down-55-ytd-in-brazil/) - In the first half of 2023, sales of heavy vehicles powered by electricity or gas dropped 55.5% in this period. In new automobiles, propulsion technologies gained almost 60%.
- [First VW Truck Produced in Argentina](https://www.powersys.com/2023/07/first-vw-truck-produced-in-argentina/) - The first Volkswagen truck has been produced in Argentina.
- [Ammonia-Powered Fuel Cell Developed for Deep Sea Shipping](https://www.powersys.com/2023/07/ammonia-powered-fuel-cell-developed-for-deep-sea-shipping/) - ShipFC is a project designed to prove that fuel cells powered by green ammonia can meet the strict IMO standards of zero-emission Deep Sea shipping.
- [VI B Emissions Seen Boosting China's Auto Industry](https://www.powersys.com/2023/07/new-vi-b-emissions-seen-boosting-chinas-auto-industry/) - The new National VI B standard for automotive emissions, scheduled to be implemented in July 12023, could boost China’s auto industry, say industry insiders.
- [OEMs Target India's Premium MC Segment](https://www.powersys.com/2023/07/oems-target-indias-premium-bike-segment/) - The dominance of Royal Enfield in the mid-segment of India's premium motorcycle market (300cc-500cc) could be facing challenges from Triumph and the Harley-Davidson.
- [Battery Recycling Center Will Have A Big Impact On Europe](https://www.powersys.com/2023/06/new-battery-recycling-center-will-have-a-big-impact-on-europe/) - Recycling lithium-ion batteries is extremely important, as these batteries contain valuable metals such as cobalt, copper, and lithium that can be recovered and reused. By recycling these metals, we can reduce our reliance on mining and extractive activities that aren’t free or even cheap. Li-Cycle (a recycling company) and Glencore (a mining company) have partnered
- [EVs and The H2 Battle To Be Included in the Family](https://www.powersys.com/2023/06/evs-and-the-h2-battle-to-be-included-in-the-family/) - This article looks at EV and Zero Emissions vehicles and describes the sources of the electricity used. It compares Fuel Cell Vehicles to EVs.
- [Brazil Announces Incentives for MHV and LV](https://www.powersys.com/2023/06/brazil-announces-incentives-for-mhv-and-lv/) - The Brazilian Federal Government has announced a package of incentives for the automotive sector designed to bail out the country’s automakers.
- [Japan's Emphasis on Hydrogen Power Is Questionable](https://www.powersys.com/2023/05/japans-love-of-hydrogen-power-could-lead-to-failure/) - Japan continues to make hydrogen a carrier of energy at all levels of society even though the results are not productive. Japan’s focus on hydrogen is questionable.
- [Rural India May Play Vital Role in EV Adoption](https://www.powersys.com/2023/05/rural-india-may-play-vital-role-in-ev-adoption/) - The demand for EVs is not limited to metro cities in India such as Delhi, Mumbai, and Bengaluru, but is increasing in Tier-2 and Tier-3 markets as well.
- [Weichai, BYD To Jointly Produce Batteries](https://www.powersys.com/2023/05/weichai-byd-to-jointly-produce-batteries/) - Weichai Power and BYD have agreed to jointly produce power batteries in Shandong, and to cooperate in programs to develop EV commercial vehicles.
- [EPA Introduces Phase Three GHG Emission Standards](https://www.powersys.com/2023/05/epa-introduces-phase-three-ghg-emission-standards/) - EPA introduces Phase Three GHG emission standards at May 2023hearing.
- [2032 Marine Inboard Market Forecast: $4.45B](https://www.powersys.com/2023/05/2032-marine-inboard-market-forecast-us4-45b/) - The global marine inboard engines market is forecast to grow to $4.45 billion by 2032 at a CAGR of 5.1%, according to Power Systems Research.
- [Cummins To Invest $1 Billion in US Hydrogen Fuel Network](https://www.powersys.com/2023/05/cummins-to-invest-1-billion-in-us-hydrogen-fuel-network/) - Cummins said it will invest more than $1 billion across its US engine manufacturing network in an effort to support the transition into hydrogen fuel.
- [VW To Build Its Largest Battery Factory In Canada](https://www.powersys.com/2023/05/volkswagen-to-build-its-largest-battery-cell-factory-in-canada/) - Volkswagen said it plans to construct its biggest battery gigafactory in St. Thomas, Ontario, Canada. A final expansion could produce 90 GWh of batteries annually.
- [Caterpillar and NMG Sign Circular Supply Chain Deal](https://www.powersys.com/2023/05/caterpillar-and-nmg-sign-circular-supply-chain-deal/) - Caterpillar Inc. has agreed to provide a zero-exhaust emission fleet, supporting infrastructure, and service for NMG's (Nouveau Monde Graphite's) Matawinie Mine.
- [LNG May Be Fuel for Long-Haul Trucking](https://www.powersys.com/2023/04/lng-may-be-fuel-for-long-haul-trucking/) - Many cities across India may transition from conventional diesel-powered vehicles to Compressed Natural Gas (CNG for the last mile. Liquefied Natural Gas (LNG) could be an option for heavy and long hauls.
- [Volvo Tests Renewable LNG Truck](https://www.powersys.com/2023/04/volvo-tests-renewable-lng-truck/) - Volvo plans to test trucks fueled by vegetable origin LNG, gas in liquid form. Gas from renewable waste contributes to nullifying the emission of CO2.
- [Vale Increases Use of BE Locomotives in Brazil](https://www.powersys.com/2023/04/vale-increases-use-of-be-locomotives-in-brazil/) - Vale has received its second 100% electric locomotive, powered by lithium batteries and manufactured in China by CRRC Zhuzhou Locomotive (CRRC ZELC).
- [Biodiesel Mix Increase Begins in Brazil](https://www.powersys.com/2023/04/biodiesel-mix-increase-begins-in-brazil/) - During its first meeting, the new leadership of CNPE approved an increase to 12% of the mandatory blend of biodiesel to diesel sold in Brazil, after April 2023.
- [Scania, Mercedes Reduce Production Shifts in Brazil](https://www.powersys.com/2023/04/scania-mercedes-reduce-production-shifts-in-brazil/) - Scania and Mercedes have announced the reduction of one shift of production in MHV production lines in Brazil. Scania laid off part of its temporary workers in the workforce. Mercedes announced a 3-month layoffi.
- [Group Beneteau Forecasts 10% Growth in 2023](https://www.powersys.com/2023/04/group-beneteau-forecasts-10-growth-in-2023/) - Groupe Beneteau, one of the world’s leading buildersof pleasure boats, posted revenue of USD 1.6 million in 2022. The boat division generated 83% of the group’s revenue.
- [Beiqi Foton Motors and Cummins Set Joint Investment](https://www.powersys.com/2023/04/beiqi-foton-motors-and-cummins-set-joint-investment/) - CHINA REPORT Beijing Foton Motors and Cummins said they will further strengthen their strategic cooperation in the Southeast Asian region and sign a joint investment agreement with the Foton Cummins Thailand engine factory to provide powertrains for the Foton Zhengda vehicle base and Southeast Asian business. This signing would mark a further strategic cooperation between
- [2030 PWC Market May Hit $3.01 Billion](https://www.powersys.com/2023/04/2030-personal-watercraft-market-may-hit-3-01-billion/) - Personal watercraft (PWC), often known as a jet ski, is a watercraft that can carry as many as three people. A PWC Sit-Downs is defined as a vessel specifically designed to haul up to three riders in a sitting position, one in front of another. A PWC Stand-Up is a type of PWC designed for
- [Achieving Peak Efficiency in Diesel Technology](https://www.powersys.com/2023/04/achieving-peak-efficiency-in-diesel-technology/) - Major OEMs have made made real improvements in diesel technology as they reduce their CO2 footprints. Truck manufacturers are no longer focusing on engine emissions.
- [Compact Track Loaders Eat into US Skid Steer Market](https://www.powersys.com/2023/04/compact-track-loaders-eat-into-us-skid-steer-market/) - Over the last decade, compact track loaders (CTLs) have been eating into the market share held by skid steer loaders in the US.
- [Global ICE Industry Cliff Is Here](https://www.powersys.com/2023/04/global-ice-industry-cliff-is-here/) - This article includes an important graph showing vehicle production numbers between 2015 and 2026, (projected for 2023–2026) which are based on historic BEV growth data and trends. Hybrids are lumped in with ICE cars and are shown as a preference over full BEVs which is clear in the data. The chart shows that the overall
- [20-Year Changes in Top Construction OEM Hierarchy](https://www.powersys.com/2023/04/20-year-changes-in-top-construction-oem-hierarchy/) - Dramatic changes that have taken place in the hierarchy of the biggest construction equipment manufacturers over the last 20 years are shown in an animated chart.
- [Hyundai Agrees To Purchase GM India Talegaon Plant](https://www.powersys.com/2023/03/hyundai-agrees-to-purchase-gm-india-talegaon-plant/) - Hyundai plans to purchase GM's India Talegaon plant to expand annual production capacity to 900,000 units. Hyundai plans $52 million to launch 6 EVs in India by 2028.
- [Hitachi Construction Machinery Raises Product Prices](https://www.powersys.com/2023/03/hitachi-construction-machinery-raises-product-prices/) - Hitachi has increased its global prices for all construction and mining equipment by 8%. Komatsu plans to increase its prices by a similar amount next fiscal year.
- [Komatsu To Cut China Production Capacity by 40%](https://www.powersys.com/2023/03/komatsu-to-cut-china-production-capacity-by-40/) - Komatsu plans to cut production in China by 40% due to sluggish market demand. The company will merge its production subsidiaries in Jining City and Changzhou City.
- [Rolls Royce Power Systems Posts Record Year in 2022](https://www.powersys.com/2023/03/rolls-royce-power-systems-posts-record-year-in-2022/) - Rolls Royce Power Systems had a record financial year in 2022, with revenue up 23% from 202. Power generation products was the big contributor, followed by marine commercial and pleasure yachts. Read the details.
- [Fras-le Acquires Juratek in UK](https://www.powersys.com/2023/03/fras-le-acquires-juratek-in-uk/) - Fras-le announced plans to acquire the operations of AML Juratek, the parent company of Juratek and BettaParts, which operate in the UK and European aftermarket, with lines of braking products such as discs, brake pads, calipers and actuators. Fras-le said it intends to invest about US$ 22 million (£ 18.2 million) in the acquisition. Fras-le
- [WEG Building Plant for EV Batteries in Brazil](https://www.powersys.com/2023/03/weg-building-plant-for-ev-batteries-in-brazil/) - Brazilian WEG has announced plans for a new 6,000 m2 plant in Jaraguá do Sul, Santa Catarina, Brazil, to produce battery packs for EVs. With the investment, the annual capacity will be 1 GWh in battery packs. WEG plans a highly automated plant, with 140 direct employees; WEG’s timeline calls for completion of the plant
- [Cummins Agnostic ICE’s and Hydrogen Fuel Update](https://www.powersys.com/2023/03/cummins-agnostic-ices-and-hydrogen-fuel-update/) - Read about Cummins' agnostic ICE engine platform and hydrogen fuel update. Fleet testing is expected to begin in 2024, with series production planned in the 2026/2027 timeframe.
- [Electric Boat Market Forecast To Grow by 12%](https://www.powersys.com/2023/03/electric-boat-market-forecast-to-grow-by-12/) - Gas-powered engines have been the backbone of boating since the advent of the internal combustion engine, but electric-powered boats could soon be claiming a significant share of the market. Most of the fuel used in transportation is petroleum-based, but initiatives by many governments to reduce carbon emissions and to encourage consumers to adopt eco-friendly boats
- [CONEXPO 2023 Features Hydrogen, Electric Equipment](https://www.powersys.com/2023/03/conexpo-2023-features-hydrogen-electric-equipment/) - Read about the latest alternative power sources for compact construction equipment at CONEXPO 2023, including hydrogen and electric options.
- [Nikola Plans To Develop Hydrogen Fuel Network](https://www.powersys.com/2023/03/nikola-plans-to-develop-hydrogen-fuel-network/) - Nikola plans to develop a hydrogen fuel network, building H2 plants to produce hydrogen and refueling stations for H2-powered vehicles, including their own trucks.
- [Has Battery Recycling Arrived Too Soon?](https://www.powersys.com/2023/03/has-battery-recycling-arrived-too-soon/) - Has EV battery recycling has arrived too soon, with more recycling facilities than batteries to recycle. Is diversification necessary? Read about it here.
- [Lithium-Air Battery Could Offer Longer Range](https://www.powersys.com/2023/03/lithium-air-battery-could-offer-longer-range/) - Researchers develop solid electrolyte lithium-air battery that could provide longer driving range for EVs, with potential for 4x energy density. Read about it here.
- [Subway Sandwiches To Add EV Charging Stations](https://www.powersys.com/2023/03/subway-sandwiches-to-add-ev-charging-stations/) - Subway sandwiches teams up with GenZ EV Solutions to create EV charging stations. Charge your EV while you eat. Read about the future of EV charging here."
- [Hyster Begins Pilot of Hydrogen Fuel Cell Powered Container Handler](https://www.powersys.com/2023/01/hyster-begins-pilot-of-hydrogen-fuel-cell-powered-container-handler/) - Hyster tests hydrogen fuel cell powered container handler at the Port of Los Angeles. The HFC-powered top pick offers zero emissions benefits and quick refueling time.
- [JCB Reaches Hydrogen Milestone](https://www.powersys.com/2023/01/jcb-reaches-hydrogen-milestone/) - Learn about JCB's super-efficient hydrogen engines for construction and agricultural equipment. Discover JCB's hydrogen-fueled backhoe loader and mobile refueling bowser.
- [Growth of Hydrogen Internal Combustion Engines (H-ICE)](https://www.powersys.com/2023/01/growth-of-hydrogen-internal-combustion-engines-h-ice/) - Discover the challenges facing the growth of hydrogen IC engines (H-ICE) and why a holistic approach is needed. Learn the disadvantages of hydrogen fuel for IC engines.
- [Are Hydrogen Engines in Your Future?](https://www.powersys.com/2023/01/are-hydrogen-engines-in-your-future/) - Discover the advantages, challenges and future of hydrogen IC engines (H2 ICE). Read about forecasted sales and the infrastructure needed for these vehicles.
- [From Diesel to DC](https://www.powersys.com/2023/02/from-diesel-to-dc/) - For a long while, it looked as if hydrogen fuel cells would be the technology of choice for emissions-free road transport. However, truck manufacturers and freight forwarders recently turned their attention to battery-electric vehicles. For logistics companies, the shift to zero emissions will be difficult. While it only takes a few minutes to top up
- [240 Ton EV Mining Truck Can Charge in 30 Minutes](https://www.powersys.com/2023/02/240-ton-ev-mining-truck-can-charge-in-30-minutes/) - 240 ton mining truck can recharge in 30 minutes. Battery system produced by UK-based engineering company WAE Technologies.
- [Deutz and Daimler Form Strategic Alliance](https://www.powersys.com/2023/02/deutz-and-daimler-enter-strategic-alliance/) - Deutz and Daimler partner in a strategic alliance to develop and supply medium- and heavy-duty engines for on-highway applications.
- [Charging Infrastructure Blocks BEV Growth](https://www.powersys.com/2023/02/charging-infrastructure-is-greatest-barrier-to-adoption-for-bevs/) - Charging infrastructure called biggest barrier to adoption of battery electric heavy trucks. PSR outlines other challenges to BEV adoption for battery heavy trucks.
- [Volvo Unveils Electric Concrete Mixer Truck](https://www.powersys.com/2023/02/volvo-unveils-electric-concrete-mixer-truck/) - Volvo introduces electric concrete mixer truck, a big step towards eliminating emissions in the construction industry. It is one of six commercial EV trucks at Volvo.
- [Study Shows Plug-in Hybrids Dirtier than Believed](https://www.powersys.com/2023/02/study-shows-plug-in-hybrids-dirtier-than-we-thought/) - New study shows plug-in hybrids dirtier than believed. They emit up to 3x more CO2 than advertised, even when charged. BMW, Peugeot, and Renault models tested.
- [Global Motorcycle Market Grows at 5.48% Rate](https://www.powersys.com/2023/02/global-motorcycle-market-grows-at-5-48-rate/) - Global M/C market grows at 5.48% CAGR, projected to reach $146.6B by 2030, driven by increasing demand in China, India, and ASEAN countries. E-cycles enhance profitability
- [Hyundai Keeps Gamma Engine in Units for Colombia](https://www.powersys.com/2023/02/hyundai-keeps-gamma-engine-in-units-for-colombia/) - Hyundai's new HB20 arrives in Colombia with old but reliable 1.6 16V aspirated Gamma engine, while Brazil gets only 1.0 engines
- [Hitech Electric To Produce 100% EV LCVs](https://www.powersys.com/2023/02/hitech-electric-to-produce-100-ev-lcvs/) - Brazil's Hitech Electric to produce 100% EV LCVs by March, with WEG powertrain and battery featuring non-flammable lithium iron phosphate.
- [Brazilian Law for AG Tractor Cabins Changes](https://www.powersys.com/2023/02/legislation-for-ag-tractor-cabins-in-brazil-has-changes/) - New Brazilian law allows for alternative spraying methods if closed cabin tractors are unfeasible. Deadlines for compliance vary based on property size.
- [January Brazil Truck Production Drops 72%](https://www.powersys.com/2023/02/january-brazil-truck-production-drops-72/) - Brazil's January truck production down 72% due to new regulation for Euro VI standards, increasing complexity and price of new trucks.
- [China To Push Adoption of New Energy CVs](https://www.powersys.com/2023/02/china-to-boost-adoption-of-new-energy-commercial-vehicles/) - China aims to achieve 80% new energy CV adoption in pilot cities by 2025. This includes public transport, taxis, sanitation, and logistics vehicles. Charging infrastructure planned.
- [Union Budget 2023 Focuses on Capex](https://www.powersys.com/2023/02/union-budget-2023-focuses-on-capex/) - India's 2023 Budget focuses on capex and green mobility with vehicle scrappage policy and reduced customs duty for EV components.
- [U.S. Economy Faces Multiple Problems](https://www.powersys.com/2023/01/u-s-economy-faces-multiple-problems/) - NORTH AMERICA REPORT SUMMARY. Many of the biggest challenges facing the U.S. economy in 2022 are continuing into 2023. These problems include supply chain disruptions, the migration of production and use of internal combustion engines to alternative drive types, uncertainty of inflation and rising interest rates, and the war in Ukraine. There were also positives
- [FPT Developing Ethanol or Biomethane Engine in Brazil](https://www.powersys.com/2023/01/fpt-developing-ethanol-or-biomethane-engine-in-brazil/) - FPT, Mahle and Brazilian universities are working to develop an FPT F1C Bi-Fuel engine to meet Brazilian transportation needs using Ethanol, or Biomethane and Hydrogen for use in hybrid vehicle applications. The project involves the creation of mathematical models, which will be used to characterize and predict the behavior of the engine operating with ethanol
- [First Synthetic Fuel Neutral CO2 Starts in Chile](https://www.powersys.com/2023/01/first-synthetic-fuel-neutral-co2-starts-in-chile/) - Construction of the first world carbon-neutral synthetic fuel plant was started in Chile, in December 2022. With a US$55 million investment in the project, Siemens Energy, HIF Global and Porsche will produce Methanol and Gasoline using water, wind and CO2. The plant has a planned capacity of 550 million liters in 2027. The Haru Oni
- [Brazil Moves Forward on Truck Fleet Renewal Program](https://www.powersys.com/2023/01/brazil-moves-forward-on-truck-fleet-renewal-program/) - BRAZIL/SOUTH AMERICA REPORT In December 2022, the Brazilian Government published regulations for the Fleet Renewal Program authorized by the law that was published in H1 2022. Under this regulation, truck owners may receive the old truck market value from companies in the Oil and Gas exploration chain, provided that they prove the truck was
- [Cost Increases Cause Losses at HanseYacht Group](https://www.powersys.com/2023/01/cost-increases-cause-losses-at-hanseyacht-group/) - EUROPEAN REPORT Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to
- [Case New Holland(CNH) To Halt Sales of Construction Machinery](https://www.powersys.com/2023/01/case-new-hollandcnh-to-halt-sales-of-construction-machinery/) - CHINA REPORT CNH Industrial Group says it is stopping the sales of construction machinery and equipment in the Chinese market after Dec. 31, 2022. This is another significant development by foreign brands in the Chinese market. John Deere withdrew from the Chinese market after the original industrial structure was changed by the merger of the
- [India Bets on Green Hydrogen](https://www.powersys.com/2023/01/india-bets-on-green-hydrogen/) - INDIA REPORT The electric vehicle market in India is mostly dominated by lithium-ion battery technology, which powers two-, three- and four-wheeler vehicles. But this situation comes with its own set of challenges. For instance, each battery chemistry has a different energy density, peak power output and charging time. Hence, the industry is working on alternative
- [Redwood To Supply Cathode Materials To Panasonic](https://www.powersys.com/2022/12/redwood-to-supply-cathode-materials-to-panasonic/) - Panasonic Energy said it has agreed to purchase cathode active materials and copper foil for lithium-ion batteries from Redwood Materials. The recycled cathode active materials will be used to manufacture batteries in the company’s new $4 billion factory located in De Soto, Kansas, starting in 2025, and the recycled copper foil will be used to
- [Korea's SK Battery To Supply Hyundai's U.S. Plant](https://www.powersys.com/2022/12/koreas-sk-battery-to-supply-hyundais-u-s-plant/) - FAR EAST: SOUTH KOREA REPORT Korean battery giant SK Innovation announced that it will expand its supply of batteries to Hyundai Motor Group in North America, and the two companies will discuss the construction of a joint venture plant to increase supply after 2025. SK Innovation says it plans to support Hyundai Motor Group's increased
- [CV Production Nears Pre-covid Levels](https://www.powersys.com/2022/12/cv-production-nears-pre-covid-levels/) - INDIA REPORT A favorable mix of factors is propelling demand for commercial vehicles to their best-ever pre-covid-19 volumes in India. Even though the CV segment has not reached its 2018 peak, it is expected to grow by double digits in the current fiscal year. This growth is based on healthy demand and a relatively low
- [Honda To Produce FCVs in the U.S. in 2024](https://www.powersys.com/2022/12/honda-to-produce-fcvs-in-the-u-s-in-2024/) - FAR EAST: JAPAN REPORT Honda announced that it will produce electric fuel cell powered vehicles in the U.S. in 2024. They will also be equipped with a plug-in function that allows them to be recharged externally. Honda has set a goal that all new vehicles sold by 2040 will be either EVs or FCVs. In
- [Solaris Buses Purchases 25 Fuel Cell Engines](https://www.powersys.com/2022/12/solaris-buses-purchases-25-fuel-cell-engines/) - EUROPEAN REPORT Ballard Power Systems has announced the sale of 25 hydrogen fuel cell engines to repeat customer Solaris Bus & Coach, a leading European bus manufacturer. The 70kW fuel cells will be installed in Solaris’ Urbino 12 hydrogen buses for deployment to Polish public transport operator MPK Poznań and are expected to be delivered
- [John Deere Plans Construction Equipment Plant](https://www.powersys.com/2022/12/john-deere-plans-construction-equipment-plant/) - John Deere has just announced an investment of US$ 35 million (R$ 190 million) in the production facilities for its Construction Division, two manufacturing units located in Indaiatuba, in the interior of São Paulo. The goal is to expand capacity to meet the growing demand for machines and to implement its Smart Connected Factory program,
- [BorgWarner To Produce Vehicle Batteries in Brazil](https://www.powersys.com/2022/12/borgwarner-to-produce-vehicle-batteries-in-brazil/) - BorgWarner said it will start producing battery systems for electric vehicles in Piracicaba-SP, Brazil, by Q1 2023 with declared annual capacity of 1,000 electric units. The plant in Piracicaba formerly belonged to Delphi and was acquired by BorgWarner in 2020. The plant will receive a production line from Akasol, another company acquired by BorgWarner. The
- [Royal Enfield Starts Assembly Plant in Brazil](https://www.powersys.com/2022/12/royal-enfield-starts-assembly-plant-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT Royal Enfield has started its first assembly line in South America to produce motorcycles. The plant is located in Manaus-AM, Brazil and is the fourth in the world to operate under the CKD system. Capacity is set at 15,000 motorcycles per year and the line is able to produce any of
- [Tesla Refinery Project Advances in Texas](https://www.powersys.com/2022/12/tesla-lithium-refinery-project-advances-in-texas/) - Tesla is currently working on a lithium refinery project that would be coming to Corpus Christi, Texas, and it sounds like the automaker is in the final stretch of its negotiations with the authorities. In September, we learned that Tesla has a plan to build a lithium refining facility on the Gulf Coast of Texas.
- [Container Ships Could Look Like this by 2050](https://www.powersys.com/2022/12/heres-what-container-ships-could-look-like-by-2050/) - Here's What Container Ships Could Look Like by 2050 With pressure from regulators to decarbonize international shipping, companies big and small are racing to identify green alternatives to the gas-guzzling container ships that account for an estimated 3% of global greenhouse emissions. Many of the ideas floating around today leverage some form of high-tech sail,
- [U.S. Powersports Industry Grows in 2021](https://www.powersys.com/2022/12/u-s-powersports-industry-grows-in-2021/) - The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry's impact on the U.S. economy. Key highlights from the 2021 data on the U.S. outdoor recreation economy include: 1. $862 billion in economic output; 2. 1.9% of GDP, and 3. 4.5 million jobs. Trips and
- [Acquisitions in Light/Medium EV Segment](https://www.powersys.com/2022/12/more-acquisitions-in-light-medium-ev-segment/) - NORTH AMERICA REPORT 2022 has been an interesting year on many commercial vehicle fronts including the medium and light electric commercial truck and van segment. While large established OEMs such as Ford, who is expected to produce approximately 6,500 E-Transits at the Kansas City plant in 2022, there has been some shakeup within the electric
- [Are There Enough Materials To Produce Needed EVs?](https://www.powersys.com/2022/12/are-there-enough-materials-to-produce-needed-evs/) - The transition from ICE to electric vehicles (EVs) is necessary to decrease climate-changing emissions. As deployment increases, so will the demand for EV battery materials such as lithium, cobalt, and nickel. These materials are primarily supplied through two sources: 1) newly mined or 2) recovered by recycling batteries. Research shows there are enough explored or
- [Edge Computing: U of MI Solar Car](https://www.powersys.com/2022/11/edge-computing-u-of-mi-solar-car/) - John Krzesicki speaks with Will Jones, the project manager for the University of Michigan's Solar Car Team. Transcript Hello! My name is John Krzesicki. It's my pleasure to host the Power Systems living on the edge series. The show is where we have conversations with industry experts on their insights into mobility's future and impact
- [Hyundai Motor and KT Invest in Autonomous Driving](https://www.powersys.com/2022/10/hyundai-motor-and-kt-invest-in-autonomous-driving/) - FAR EAST: SOUTH KOREA REPORT The Hyundai Motor Group and telecommunications giant KT have formed a capital and business alliance. The two companies will invest about 750 billion won in each other by exchanging their shares. The two companies will jointly develop communication-related technologies to produce autonomous driving equipment. In addition to automobiles, Hyundai Motor
- [Semiconductor Development Companies Set Up](https://www.powersys.com/2022/11/semiconductor-development-companies-set-up/) - FAR EAST: JAPAN REPORT The full details of the government's goal of a next-generation semiconductor development system have been revealed. Led by the Ministry of Economy, Trade and Industry, and in cooperation with the private sector and overseas countries such as the United States, a new company will be established to mass produce next-generation semiconductors,
- [50-Ton Battery-Powered Electric Crane Introduced](https://www.powersys.com/2022/11/50-ton-battery-powered-electric-crane-introduced/) - The 653 E Electro Battery from Sennebogen is a new 50-ton battery-powered electric crane that was developed with Dutch dealer Van den Heuvel. “The new crane combines the benefits of battery technology with the proven advantages of the telescopic crawler crane design,” the company writes. “This means you work completely emission-free and retain maximum flexibility,
- [São Paulo Partners with ENEL To Replace Diesel Buses](https://www.powersys.com/2022/11/sao-paulo-partners-with-enel-to-replace-diesel-buses/) - The City of São Paulo has announced a partnership with Enel, an energy supplier, for its bus fleet electrification project to be completed by 2024. Under the agreement, the city will get funding for the project of R $ 8 billion. The plan calls for the replacement of the fleet of combustion buses with non-polluting
- [Randon Acquires US Trailer Maker Hercules](https://www.powersys.com/2022/11/randon-acquires-us-trailer-maker-hercules/) - Randon, an Brazil-based OEM, has agreed to invest $40 million to acquire the US-based trailer manufacturer Hercules. Randon’s purchase agreement for Hercules is expected to be finalized within 120 days. Randon Implementos is the largest semi-trailer manufacturer in Latin America. The company maintains a manufacturing park in Argentina and works with partners to assemble semi-trailers
- [Smaller Bauma Returns To Munich](https://www.powersys.com/2022/11/bauma-2022/) - Summary. After more than three years, Bauma, one of the largest construction events in the world, reopened its doors for seven days in Munich Oct. 24. Power Systems Research (PSR) had a five-person team at the event, discussing trends with industry representatives, from new products and services to topics around the future evolution of sustainable
- [Foton Aumark Shuts Down Operations in Brazil](https://www.powersys.com/2022/11/foton-aumark-shuts-down-operations-in-brazil/) - Ten years after starting operations in Brazil with the import of Trucks and plans to have a local plant, Foton Aumark do Brasil (FAB) is preparing to go to court against the Chinese brand, claiming breach of contract. The company was created by economist Luiz Carlos Mendonça de Barros, former president of BNDES and former
- [World Needs To Mine 25X More Lithium](https://www.powersys.com/2022/11/world-needs-to-mine-25x-more-lithium-by-2050/) - The de-carbonization of the transport industry is heavily dependent on the scaling up of electric vehicle production rapidly and massively, and this rests on scaling up battery mineral mining and refining. This means Lithium. Benchmark Mineral Intelligence counts 40 lithium mines that have been in operation and producing lithium in 2022. But, by 2050, the
- [JCB Unveils Mobile Hydrogen Refueler](https://www.powersys.com/2022/11/jcb-unveils-mobile-hydrogen-refueler/) - JCB has unveiled a mobile hydrogen refueler which it says will allow on-site refueling of hydrogen powered machines in the same way that fuel bowsers are used for diesel powered equipment. The mobile hydrogen refueller is designed to provide an easy way to refuel machines, the vast majority of which have fuel delivered to them
- [Hydrogen Truck To Help Decarbonize Mining Industry](https://www.powersys.com/2022/11/hydrogen-fuel-truck-to-help-decarbonize-mining-industry/) - A new hydrogen fuel truck is being tested by the mining industry in hopes of helping to decarbonize activities that have been exceptionally challenging to mitigate. The mining industry contributes 7% of the world’s total carbon emissions per year, (according to McKinsey). This represents more than twice the carbon emissions from the global shipping industry,
- [<strong>US Increases EV Battery Recycling Capacity</strong>](https://www.powersys.com/2022/11/us-increases-ev-battery-recycling-capacity/) - A new EV battery recycling plant in Alabama from Li-Cycle has just come online. It can process up to 10,000 tons of battery waste per year, enough for about 20,000 EVs per year, and helps the US move toward a zero-emission economy. Li-Cycle’s processing method is specifically designed as a two-part system recycling battery manufacturing
- [Penn State Offers Smaller, Faster Charging Batteries](https://www.powersys.com/2022/11/penn-state-offers-smaller-faster-charging-batteries/) - Researchers at Penn State say they have found a way to make batteries for electric cars that can be smaller and faster charging. “The need for smaller, faster-charging batteries is greater than ever,” said Chao-Yang Wang, the lead author of the research study that was published in the October 12 issue of the journal Nature. “Our
- [Liebherr Hydrogen Excavator Leads Bauma Innovators](https://www.powersys.com/2022/11/liebherr-hydrogen-excavator-leads-bauma-innovation-award-winners/) - iVT was a major winner at Bauma in Munich when it was recognized in the hotly contested Climate Protection category in the Bauma Innovation Awards. The hydrogen-combustion machine is the first ever Liebherr hydraulic excavator to be powered by a hydrogen engine The machine’s prime power source is the H966 hydrogen combustion engine, which has
- [Miners Cut CO2 Emissions Using EVs for Extracting Minerals](https://www.powersys.com/2022/11/miners-cut-co2-emissions-by-switching-to-evs-for-extracting-minerals/) - A new contract to supply battery electric vehicles to the Jansen potash project (potentially the world’s largest potash mine) expects to cut carbon emissions in half compared to its peers. BHP’s Jansen potash project is expected to be the largest of its kind, with initial capacity forecasts of 4.3 to 4.5 Mtpa. Potash is the
- [Cheering Festive Season for Auto Industry](https://www.powersys.com/2022/11/cheering-festive-season-for-auto-industry/) - INDIA REPORT This year’s festive season fired up vehicle registrations but failed to match 2019 sales numbers. Vehicle sales, which peak during the festive season in India, account for about 40% of annual volume. Sales in the just-concluded season this year were better than in the past two COVID years but were far below the
- [Korean Electric Motorcycle Maker Builds Factory in Vietnam](https://www.powersys.com/2022/11/korean-electric-motorcycle-maker-builds-factory-in-vietnam/) - FAR EAST: SOUTH KOREA REPORT Zio Holdings, a South Korean company engaged in the production and sale of electric motorcycles, says it has completed an electric motorcycle factory in Bac Ninh Province in northern Vietnam. The factory covers an area of 1,300 m2 and has an annual production capacity of 12,000 units. The factory will
- [New Vehicle Sales Increase 33% in September](https://www.powersys.com/2022/11/new-vehicle-sales-increase-33-in-september/) - SOUTHEAST ASIA: 6 MAJOR COUNTRIES REPORT New vehicle sales in the six major Southeast Asian countries totaled 317,765 units in September, up 33% from the same month last year. The figures were compiled from new vehicle sales statistics released by automobile industry associations and other organizations in each country. This is the 12th consecutive month
- [Hydrogen Fuel Cell Truck News](https://www.powersys.com/2022/11/hydrogen-fuel-cell-truck-news/) - NORTH AMERICA REPORT During the past few years there has been plenty of talk about battery electric power replacing diesel-powered internal combustion engines in commercial trucks. At some point this might be true for short and regional haul freight carriers, but what about the long-haul heavy truck segment? Currently, the lack of a sufficient charging
- [Powersports Market Expected To Exceed US$ 50 Billion](https://www.powersys.com/2022/11/powersports-market-expected-to-exceed-us-50-billion/) - Power Systems Research is forecasting global revenue for the Powersports industry to grow from $31.5 billion in 2020 to US$ 50.91 billion in 2030, a CAGR of 6% over the forecasted period. Drivers-of-Demand. There are many factors driving the global powersports market growth: Increased all-terrain vehicle popularity. These include the rising participation in recreational activities,
- [PowerTracker Summary Q3 2021: Gen-Set Sales Growth Constrained by Supply Chain Delays](https://www.powersys.com/2021/12/gen-set-sales-growth-constrained-by-supply-chain-delays/) - SUMMARY: Our PowerTrackerTM survey of dealers and distributors reported that overall gen-set sales increased in Q3 2021 up 4.3% from Q2 2021 levels. This builds on a sales increase of 6.8% in Q2 2021 and a slower start to the year of -7.4% in Q1 2021 as sales were constrained by availability and supply issues.
- [Toyota Launches India’s First Flex Fuel Hybrid](https://www.powersys.com/2022/10/toyota-launches-indias-first-flex-fuel-hybrid/) - INDIA REPORT Toyota has launched the Corolla Altis, India’s first flex-fuel engine. This car will be able to run on petrol or ethanol as well as electric power. It is part of a pilot project developing Flexi-Fuel Strong Hybrid Electric Vehicles in India. Source: Hindu Times Read The Article Because of the great diversity in
- [Urban Railroads Delayed](https://www.powersys.com/2022/10/urban-railroads-delayed/) - SOUTHEAST ASIA: VIETNAM REPORT The development of urban railroads in Vietnam has been significantly delayed. The opening of the second line in the capital Hanoi is expected to be delayed to 2027, and the first line in the southern city of Ho Chi Minh City may not open until the end of 2023. In addition
- [Mercedes Produces Initial Heavy Trucks in China](https://www.powersys.com/2022/10/mercedes-produces-initial-heavy-trucks-in-china/) - CHINA REPORT Mercedes-Benz heavy-duty truck factory in China has started mass production and its first domestic Chinese heavy-duty truck has rolled off the assembly line. The rollout reflects the Mercedes Benz truck localization project, under which Mercedes is producing heavy duty trucks built specifically for the domestic Chinese market. The first batch of Mercedes Benz
- [Agri Week 2022 Report: Drones Become Popular](https://www.powersys.com/2022/10/agri-week-2022-report-drones-become-popular/) - FAR EAST: JAPAN REPORT Agri Week 2022 is a comprehensive exhibition on agriculture, livestock, and horticulture. It is held twice a year in Kyushu and Kanto. Agricultural materials, smart agriculture products, livestock materials, and products related to industrialization are exhibited. Agriculture Week consists of the following four exhibitions: AGRI TECH (Material & Technology), AGRI NEXT
- [Record Sales of Agricultural Machines in Brazil](https://www.powersys.com/2022/10/record-sales-of-agricultural-machines-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT Friday Oct. 7 Anfavea published the number of 42,800 units of Agricultural machines sold from January to August 2022, 23.6% above same period of 2022. Source: Automotive Business Read The Article PSR Analysis: Record harvest and high commodities prices enable farmers to invest in Agricultural Machines. This situation supports and sustains
- [Scania, VW and Volvo Show Euro VI Lineup](https://www.powersys.com/2022/10/scania-vw-and-volvo-show-euro-vi-lineup/) - Three OEMs have announced new fuel efficient products. Scania has announced an 8% fuel consumption improvement with Super 13 liters engines and promises 50% maintenance stops reduction. Volvo has announced a new Euro VI line with Volvo Engine produced in Brazil, replacing MWM on the VM platform. VW fuel consumption improvement is in the 5%
- [GM Opens Third Shift at Joinville Engine Production Plant](https://www.powersys.com/2022/10/gm-opens-third-shift-at-joinville-engine-production-plant/) - GM has added a third shift at its plant in Joinville, SC, Brazil, to increase production capacity and supply engines for the Montana, the new Light Pickup below the S10 size. The capacity production increase forecast is 30%. Source: Automotive Business Read The Article PSR Analysis: The new GM Montana pickup is aimed to complete
- [Ideanomics Successfully Tests Quick Power 500 kW Charger](https://www.powersys.com/2022/10/ideanomics-successfully-tests-quick-power-500-kw-charger/) - At 27%, the transport industry is the largest contributor to greenhouse gases in North America and Europe and within the transport sector, passenger cars contribute the most emissions followed by medium and heavy-duty trucks which contribute emissions at around 26% of the transportation industry. The move to reduce or eliminate emissions is one of the
- [Hydrogen Engines Cheaper than Diesel?](https://www.powersys.com/2022/10/hydrogen-combustion-engines-cheaper-than-diesel/) - As companies seek to decarbonize their truck fleets, Ryze Hydrogen says that hydrogen combustion engines are the way to go– they are cleaner than diesel and they also make more economic sense, according to the company. Many companies today are looking at fuel cells in order to be able to use H2 as a clean
- [Super-Fast, Long-Life Rechargeable Battery](https://www.powersys.com/2022/10/super-fast-long-life-aqueous-rechargeable-zinc-battery/) - An international group of researchers has demonstrated an aqueous zinc battery with excellent performance in terms of capacity, rate capability, specific energy, and output voltage. The battery is a hybrid supercapacitor-battery hybrid device which has demonstrated an unprecedented cycling stability of 99.2% capacity retention after 17,000 cycles at 100% depth of discharge. This battery technology
- [Functional Miniature Hydrogen Fuel Cell Powers RC Truck](https://www.powersys.com/2022/10/functional-miniature-hydrogen-fuel-cell-powers-rc-truck/) - Hydrogen fuel cells are still a bit mysterious and likely are unattainable in the near future, but you can actually buy them right now, whether in vehicles or as parts. To demonstrate how practical they are, Alfonso Delgado Ollero built a miniature hydrogen fuel cell to power an RC truck. The practical concerns of producing
- [South Korea Sees First Trade Deficit with China in 28 Years](https://www.powersys.com/2022/09/south-korea-sees-first-trade-deficit-with-china-in-28-years/) - FAR EAST: SOUTH KOREA REPORT The economic relationship between China and the ROK has reached a turning point. According to statistics from the ROK, for the first time in 28 years, the ROK has a trade deficit with China. China has been the best customer of the export driven ROK economy, and this is causing
- [Battery Electric Power Forecasts](https://www.powersys.com/2022/09/battery-electric-power-forecasts/) - With the exception of 2022 (+7.6%), Battery Electric as a power source is expected to grow between 10% and 17% throughout the forecast period, while ICE growth rates start the period at -2.3% and then grow at less than 1% for 2023 to 2025. Battery Electric is expected to grow from 12.8% of the market
- [Can EV Enthusiasm Trigger Global Growth?](https://www.powersys.com/2022/09/can-ev-enthusiasm-trigger-global-growth/) - Consumer adoption of EVs has gathered momentum this year, spurred by higher global oil prices. The Russia-Ukraine war has made EVs suddenly more appealing to many car buyers, accelerating adoption globally. The higher oil prices are driving EVs closer to cost parity with internal combustion engine (ICE) vehicles. In Bloomberg New Energy Finance’s most recent
- [Cummins Jumps On New Energy Storage Iron Salt Formula](https://www.powersys.com/2022/09/cummins-jumps-on-new-energy-storage-iron-salt-formula/) - Cummins $24 million stake in the startup VoltStorage gives them a foot in the door with new iron redox flow technology. There is nothing wrong with lithium-ion energy storage but global demand for energy storage has nowhere to go but up, and so are lithium prices. While lithium is relatively abundant in the ground, but
- [EV Shipping Set To Blow IC Engines Out of the Water](https://www.powersys.com/2022/09/ev-shipping-set-to-blow-ic-engines-out-of-the-water/) - ALTERNATIVE POWER REPORT Researchers from the University of California, Berkeley, and Lawrence Berkeley National Laboratory have released a study which examines “the technical outlook, economic feasibility, and environmental impact of battery-electric containerships.” By modelling 5 to 10 GWh electrified containerships, they found that 40% of routes today could be electrified in an economically viable manner,
- [Festive Demand Expected To Boost Auto Industry](https://www.powersys.com/2022/09/festive-demand-expected-to-boost-auto-industry/) - INDIA REPORT Adequate rainfall across the country along with the start of the long festive season will keep the demand for automobiles positive and help keep the momentum going in this segment. Additionally, normal monsoons in most parts of the country resulting in a decent agricultural harvest kept demand positive. So, automakers are focusing on
- [Vinfast To Export Initial 5,000 EVs To Europe and the U.S.](https://www.powersys.com/2022/09/vinfast-to-export-initial-5000-evs-to-europe-and-the-u-s/) - SOUTHEAST ASIA: VIETNAM REPORT Vinfast has announced plans to export approximately 5,000 EVs to the U.S., Canada, and Europe by the end of 2022. This is the first time for them to export EVs. The company also plans to start construction of a new EV plant in the U.S. by the end of this year,
- [Honda To Discontinue Two-Wheeled Gasoline Vehicles](https://www.powersys.com/2022/09/honda-to-discontinue-two-wheeled-gasoline-vehicles/) - FAR EAST: JAPAN REPORT On Sept. 13, 2022, Honda announced it will eliminate gasoline-powered motorcycles by the mid-2040s. All new vehicles will be EV motorcycles; 3.5 million, or 15% of global sales, are to be EV motorcycles by 2030. Honda has already declared that all its four-wheeled vehicles will be EVs by 2040, but this
- [Drought Forces Power Cuts at Sichuan Factories](https://www.powersys.com/2022/09/drought-forces-power-cuts-at-sichuan-factories/) - CHINA REPORT Sichuan's worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut down factories in the region. Source: Bloomberg Read The Article Xinhua News Agency Read The Article Shanghai Daily Read The
- [Special Report: M&T Expo](https://www.powersys.com/2022/09/special-report-mt-expo/) - BRAZIL/SOUTH AMERICA REPORT TheM&T Expo 2022 is one of the most important trade fairs in the construction and mining equipment industry throughout Latin America and this year the show featured more than 600 exhibiting brands in 54,000 square meters. Held in Sao Paulo Aug. 30-Sept. 2, 2022, the event had more than 30,000 visits
- [Report from Cannes Yachting Festival 2022](https://www.powersys.com/2022/09/report-from-cannes-yachting-festival-2022/) - EUROPE REPORT The Cannes Yachting Festival is one of the largest in-water shows in the world, and this year it celebrated its 45th birthday. Founded in 1977, the show normally takes place every September. However, it missed out in 2020 because of Covid-19 restrictions, but it was back in 2021, posting the best performance results
- [Navistar Introduces S13 Engine Platform](https://www.powersys.com/2022/09/navistar-introduces-s13-engine-platform/) - Navistar says it plans to introduce the Navistar 12.7 liter S13 engine platform in the fourth quarter of 2023. The S13 engine is based upon the Scania DC13 engine and will supersede the current 12.4 liter A26 engine platform starting next year. The initial engine installations will be standard on the LT and RH truck
- [Power Systems Research Activities in Russia Paused](https://www.powersys.com/2022/08/power-systems-research-activities-in-russia-paused/) - March 2022- Power Systems Research has paused all research and business development activities in Russia. We have maintained a presence in Russia since 2013 to bring important updates to our clients about the powered equipment markets within Russia. We are monitoring the current situation on a daily basis and hope to again establish this presence at
- [Hyundai Doosan Infracore Plans Hydrogen Engine](https://www.powersys.com/2022/08/hyundai-doosan-infracore-plans-hydrogen-engine/) - FAR EAST: SOUTH KOREA REPORT Hyundai Doosan Infracore announced that it has been selected as the lead company for the national project "Development of Hydrogen Engine System and Storage and Supply System for Construction Machinery and Commercial Vehicles" by the Industrial Technology Evaluation and Management Agency. Through this project, the company plans to develop a
- [Hino Motors' Engine Fraud Covers 560,000 vehicles](https://www.powersys.com/2022/08/hino-motors-engine-fraud-covers-560000-vehicles/) - FAR EAST: JAPAN REPORT Hino Motors has announced that the falsification of diesel engine emission values, which was previously announced in March, had been taking place since at least 2003 or earlier. The company had previously stated that the fraud began in the fall of 2016. In 2016, the company also revealed that it had
- [VinFast Ends Sales of Two Gasoline Vehicles](https://www.powersys.com/2022/07/vinfast-ends-sales-of-two-gasoline-vehicles/) - VIETNAM REPORT VinFast, an automotive subsidiary of Vingroup, the largest conglomerate in Vietnam, announced that it ended orders for two types of gasoline-powered vehicles in early July. The models covered are SUVs and sedans, and the company now will only sell the Fadil, a compact gasoline-powered vehicle. The company has announced its plan to withdraw
- [Hyundai Launches Flagship EV, the IONIQ6](https://www.powersys.com/2022/07/hyundai-launches-flagship-ev-the-ioniq6/) - SOUTH KOREA REPORT Hyundai Motor Company unveiled in July its flagship EV model, the IONIQ 6, that has a driving range of 6.2 kilometers per kilowatt-hour, a 20% increase over the current 5 model. The cruising range was also increased by 22% to 524 kilometers or 326 miles, (based on Korean government certification standards). Hyundai
- [Venture Firm Raises 4.2 Billion Yen for Electrification Projects](https://www.powersys.com/2022/07/venture-firm-raises-4-2-billion-yen-for-electrification-projects/) - FAR EAST: JAPAN REPORT PowerX, Inc. says it has raised 4.15 billion yen in funding for two electrification projects: one is to develop its own "Power ARK," a ship that carries electricity, and the other is to build a large-scale storage battery factory in Japan. The idea behind the Power Transfer Vessel is to store
- [Komatsu Provides Hybrid CE To Southeast Asia](https://www.powersys.com/2022/06/komatsu-provides-hybrid-ce-to-southeast-asia/) - INDONESIA REPORT Komatsu began introducing hybrid construction equipment in Indonesia this spring. Equipped with an engine and electric motor as the power source, these machines can improve fuel efficiency by 20-30%, compared to conventional machines. Chinese manufacturers are pushing low-priced construction equipment, and are now rivaling Komatsu, which has a stronghold in Indonesia, in terms
- [Show Report: 2022 NEW Environmental Exposition](https://www.powersys.com/2022/06/visiting-report-2022-new-environmental-exposition/) - FAR EAST: JAPAN REPORT Last month, I visited the three-day 2022 NEW Environmental Exposition, an exhibition of environment-related equipment in Tokyo. The show promoted the effective use of resources, new energy and energy reduction, and the utilization of CO2 emission reduction technologies Source: Official Website PSR Analysis: The exhibition featured many environment-related devices for waste
- [CV Industry Is Moving in Top Gear](https://www.powersys.com/2022/08/cv-industry-is-moving-in-top-gear/) - INDIA REPORT The commercial industry will grow with trucks and buses expected to do well. Truck sales will improve as many industries require more units as they are running at full capacity The Indian economy managed to revive itself during the first and second COVID waves and quickly achieved a V-shaped recovery. This year, GST
- [Chinese IV Standard for Off-road Machinery To Be Implemented Dec. 1, 2022](https://www.powersys.com/2022/08/chinese-iv-standard-for-off-road-machinery-to-be-implemented-dec-1/) - CHINA REPORT On Dec. 29, 2020, the Ministry of ecology and environment announced that Dec. 1, 2022, all off-road mobile machines below 560kw (including 560kw) produced, imported and sold and their diesel engines installed shall meet the requirements of the Chinese IV emission standard. The implementation time of Chinese IV emission of off-road mobile machinery
- [Marcopolo To Deliver 30 EV Buses in 2022](https://www.powersys.com/2022/08/marcopolo-plans-to-deliver-30-ev-buses-in-2022/) - Formerly using chassis built by other companies, mainly BYD, Marcopolo has announced plans to build its own EV chassis. It plans to produce and offer a complete set of bus chassis and bus body. It plans to deliver of 30 units in different setups for Brazilian cities in 2023. Source: Automotive Business Read The Article
- [Mercedes To Deliver 1000 EV Bus by 2023 to São Paulo](https://www.powersys.com/2022/08/mercedes-to-deliver-1000-ev-bus-by-2023-to-sao-paulo/) - During the Lat.Bus show in São Paulo, the Sales Director of Mercedes, Walter Barbosa, affirmed the demand of 500 EV Bus in 2022 and 500 in 2023, but he expect no deliveries in 2022 and all delivered in 2023. Source: Automotive Business Read The Article PSR Analysis: Mercedes is running against the clock to win
- [Volvo EV Bus Planned for Brazil in 2023](https://www.powersys.com/2022/08/volvo-ev-bus-planned-for-brazil-in-2023/) - Volvo's EV bus is now in the homologation phase in Brazil. Initially it will be produced in Sweden, with plans to be produced in Brazil for the South America market. The Curitiba plant engineering has participated significantly in the Bus Development. Source: Automotive Business Read The Article PSR Analysis: Volvo adapt its line-up to compete
- [Brazil Highway Implement Registrations Continue High](https://www.powersys.com/2022/08/highway-implement-registrations-continue-high-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT July registrations of implements (trailer and over-chassis) reached 13,133 units, above the January to May average of 12,500 units. ANFIR (National Association of Road Implement Manufacturers) forecast is to reach 165,000 unit registrations, slightly above the 163,000 registered last year. Source: Automotive Business Read The Article PSR Analysis: The trailers and
- [MAN Plans to Launch New Generation Engine](https://www.powersys.com/2022/08/man-new-generation-engine-to-be-launched-at-cannes-yacht-festival/) - Four years after introducing the most powerful engine for yachts, the V12-2000, MAN Truck and Bus has launched a new generation, high speed engine, the V12X. The official launch will take place at the Cannes Yacht Festival in France at the French Riviera Old Port, Sept. 6-11. The latest MAN creation develops 2200 HP (1618
- [100,000th lithium-Ion Forklift for Jungheinrich](https://www.powersys.com/2022/08/100000th-lithium-ion-forklift-for-jungheinrich/) - EUROPE REPORT German OEM Jungheinrich has accomplished a remarkable goal, delivering its 100,000th lithium-Ion Forklift truck. An ETV 216i Reach truck was the star of this milestone, with 15 other identical models delivered to the Amazon warehouse in Leipzig. In 2011, Jungheinrich was the world's first industrial truck manufacturer to launch a series-produced truck with
- [Personal Watercraft Production Grows](https://www.powersys.com/2022/08/personal-watercraft-production-grows/) - Summary.Technological advancements in the PWC (Personal Watercraft) market have led to the introduction of quieter and cleaner PWCs. PWC manufacturers have also focused their designs on today’s consumer base–families--by continuing to manufacture more of three person models which offer state-of-art features and functions. The PWCmarket will continue to grow over the forecast period based on an increase in
- [Daimler Beefs Up Western Star Brand](https://www.powersys.com/2022/08/daimler-beefs-up-western-star-brand/) - For a number of years, we have been hearing rumors that Daimler will likely put the Western Star truck brand out to pasture, primarily due to the brand's low market share in the class 8 truck segment. However, this does not appear to be the case. During the past two years, Western Star has upgraded
- [BorgWarner Buys EV Charging Company](https://www.powersys.com/2022/08/borgwarner-buys-ev-charging-company-to-boost-growth/) - Global auto supplier, BorgWarner has announced it is buying EV charging company Rhombus Energy Solutions. The deal will boost its EV charging presence in North America while adding to its European market and will accelerate its charging business by leveraging its existing capabilities. This is the latest in a round of EV related acquisitions the
- [Tesla Offers Lounges at Supercharger Stations](https://www.powersys.com/2022/08/tesla-offers-lounges-at-supercharger-stations-with-coffee-and-food/) - Tesla has linked up with bk World to provide its Supercharger stations to offer services to customers while their vehicles charge. Tesla has been trying to deploy its Supercharger stations at properties that include amenities that offer food, coffee, and restrooms, but that is not always easy. At a few locations, Tesla has deployed its
- [Australian Solar Park Could Generate Hydrogen for Less Than $2/kg](https://www.powersys.com/2022/08/australian-solar-park-could-generate-hydrogen-for-less-than-2-kg/) - Frontier Energy conducted a pre-feasibility study (PFS) at its Bristol Springs Solar project in Australia to show that it has the potential to be a low-cost green hydrogen producer, with power sourced from the company’s planned first stage 114 MW DC solar farm. The solar would power a 36.6 MW alkaline electrolyser, producing an estimated
- [BMW Focuses on Hydrogen Fuel-cell EVs](https://www.powersys.com/2022/08/bmw-focuses-on-hydrogen-fuel-cell-evs/) - BMW remains primarily focused on electrified combustion engines and battery electric cars, but it is adamant that hydrogen FCEVs (Fuel Cell Electric Vehicles) will play a part of its transportation package. A limited batch of hydrogen-fueled BMW X5s soon will enter production, and the company says it is already planning for the next model with
- [Russia Shuts Down Half of Auto Plants](https://www.powersys.com/2022/03/russia-shuts-down-half-of-auto-plants/) - RUSSIA REPORT March 10, 2022--The volume of working auto production facilities in Russia has dropped by 45% since the invasion of Ukraine. On March 3, work continued in Russia on 55% of the facilities for assembling LCVs and passenger cars, comparing to 2021. Last year, domestic operations produced 83% of sales in Russia. Work continues
- [Jacto Announces Hybrid Self-Propelled Planter](https://www.powersys.com/2021/09/jacto-announces-hybrid-self-propelled-planter/) - Jacto has entered the planter segment with three products, Uniport 500, Lumina 400 and Meridia 200. Uniport is the first hybrid self-propelled planter in Brazil. It has a Diesel ICE working as an electric power generator and independent electric drives in the four wheels of the equipment. This design promises less fuel consumption, because of
- [CNG Vehicles Are Moving in Cruise Mode](https://www.powersys.com/2022/07/cng-vehicles-are-moving-in-cruise-mode/) - INDIA REPORT Sales of CNG (Compressed Natural Gas) vehicles in India are set to scale a new peak, driven by robust double-digit expansion in 2023 demand, with lower total ownership costs decidedly tilting the scales in favor of gas-powered cars instead of those running on liquid automotive fuels. "We are seeing excellent traction for CNG
- [Heavy Truck Sales Fall by More Than 60% in H1 2022](https://www.powersys.com/2022/07/heavy-truck-sales-fall-by-more-than-60-in-h1-2022/) - CHINA REPORT The heavy truck industry fell in the first half of 2022 by more than 63% from the previous year. According to the latest statistics from the China Automobile Association, for January to June this year, the overall sales volume of the domestic heavy truck market was about 380,000 units, a decrease of 63.6%
- [Brazil Government Announces US$ 65 Billion Agriculture Funding Plan](https://www.powersys.com/2022/07/brazil-government-announces-us-65-billion-agriculture-funding-plan/) - The Brazil government announced June 29 the new Safra Plan for 2022/2023 with a total of R$ 340 Billion (US$ 65 Bi) to fund business related to Agriculture, including Agricultural Machines and Trucks for product transportation. The amount is 36% higher than the previous year plan. Source: Automotive Business Read The Article PSR Analysis: While
- [Mercedes Makes Fourth Production Shutdown in Brazil](https://www.powersys.com/2022/07/mercedes-makes-fourth-production-shutdown-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT Despite high demand, Mercedes announced its fourth temporary production stop at the plant in São Bernardo do Campo-SP, from July 4-15. In the announcement, Mercedes mentions the shortage of components and its effort to work with the supply chain to meet commitments with customers. Source: Automotive Business Read The Article PSR
- [UTV & ATV Market Dynamics  ](https://www.powersys.com/2022/07/utv-atv-market-dynamics/) - NORTH AMERICA REPORT Market Overview. The global UTV/ATV market size was US$ 8.66 billion in 2021, with a compound annual growth rate (CAGR) of 6.13%. PSR forecasts the global market to grow to US$ 11.67 billion by 2026 The North American UTV/ATV market was valued at US$ 6.66 billion in 2021, and it is expected
- [North America Economy Faces Multiple Problems](https://www.powersys.com/2022/07/north-america-economy-faces-multiple-problems/) - SUMMARY. The United States economy is facing several serious problems that don’t have simple solutions and are not likely to be solved for several years, reaching out to the presidential elections in 2024. Take your pick of problems: Inflation. Stock Market. Climate Changes. Interest Rates. Housing Prices. Gasoline Prices. Food Prices. Social Unrest. Political Conflicts.
- [Sustainability, Reliability Keys for Future e-Mobility Solutions](https://www.powersys.com/2022/07/sustainability-reliability-keys-for-future-e-mobility-solutions/) - PSR-PowerTALK_July_2022-F2Download STUTTGART, Germany— One critical trend emerged during my conversations with many industry players at the Battery Show Europe and the Electric & Hybrid Vehicle Technology Expo Europe here last month: Battery thermal management is an important element in EV development and operations. I attended the Battery Show Europe here June 27-30 with Dalibor Sablic,
- [Korean EVs Hyundai and Kia Doing Well in UK](https://www.powersys.com/2022/06/korean-evs-hyundai-and-kia-doing-well-in-uk/) - FAR EAST: SOUTH KOREA REPORT The European EV market is expanding, and in the UK, Korean-made EVs are gaining popularity as vehicles that are more affordable than Tesla's and that offer superior performance. Last year in the UK, the Tesla Model 3 ranked second in sales of all passenger cars by model, marking the "first
- [India Amends Bio-Fuel Policy, Hikes Introduction of E20](https://www.powersys.com/2022/06/india-amends-bio-fuel-policy-hikes-introduction-of-e20/) - INDIA REPORT The government of India has amended its National Policy on Bio-fuels that will accelerate the adoption of E20, allow the use of new bio-fuel feedstocks, and grant permission for bio-fuel exports under certain conditions. Source: Ethanol Producer Magazine Read The Article PSR Analysis: To tackle soaring fuel oil prices, India plans to introduce
- [Buffett-backed BYD Will Supply Batteries To Tesla](https://www.powersys.com/2022/06/buffett-backed-byd-will-supply-batteries-to-tesla/) - CHINA REPORT BEIJING— Chinese electric vehicle (EV) and battery maker BYD is going to become Tesla’s battery supplier for the first time, a senior executive at the company backed by Warren Buffett’s Berkshire Hathaway said recently. “Tesla is a very successful company. BYD has great respect for Tesla and raises our hat to it,” said
- [Brazilian Marcopolo Launches H2 Bus in Australia](https://www.powersys.com/2022/06/brazilian-marcopolo-launches-h2-bus-in-australia/) - Brazilian-based Marcopolo has expanded its product line of renewable and zero-emission fuels. Volgren, a company owned by the Brazilian manufacturer, is Australia's largest bus producer. It has signed an agreement with Wrightbus, an Irish bus manufacturer, and market leader with Hydrogen technology in Europe, to develop and launch hydrogen fuel cell-powered buses for the Australian
- [Trailers with Electric Drive Axle Authorized in Brazil](https://www.powersys.com/2022/06/trailers-with-electric-drive-axle-authorized-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT Heavy vehicles using electric axle systems in the trailer now can be driven on Brazilian Roads, following approval by the National Traffic Council (Contran) at its meeting in May. Suspensys, a Brazilian company part of Randon group launched the product at Fenatran of 2019, but only now has it been approved
- [Volvo CE Pushing Alternative Powertrains](https://www.powersys.com/2022/06/volvo-ce-pushing-alternative-powertrains/) - EUROPE REPORT Volvo Construction Equipment (Volvo CE) has started testing its prototype “HX04” Hydrogen Fuel-Cell Articulated truck. Carolina Diez Ferrer, Head of Advanced Engineering Programs at Volvo CE expects that this prototype will “give valuable insights into the opportunities of hydrogen in the energy transformation alongside battery-electric solutions.” The on-going development of the hauler began
- [Market Intelligence: A Review of E-Motorcycle OEMs](https://www.powersys.com/2022/06/market-intelligence-a-review-of-e-motorcycle-oems/) - NORTH AMERICAN REPORT The global e-motorcycle market is changing almost daily as market share leaders develop new products and new companies continue to enter the market with competitive products. Here’s an update on several leading e-motorcycle OEMs. Tork Motors has launched the Kratos electric motorcycle in the Indian market. The new Tork Kratos will be
- [E-Motorcycles Market Update](https://www.powersys.com/2022/06/e-motorcycles-market-update/) - NORTH AMERICAN REPORT The global e-motorcycle market has experienced high growth in the last couple of years, fueled in part by the declining price of Lithium-ion batteries. The battery is one of the most expensive components of an e-motorcycle, and changes in the price of Li-ion batteries affect the entire cost of an e-motorcycle. The cost
- [Cummins Develops Hydrogen-Powered Engines](https://www.powersys.com/2022/06/cummins-develops-hydrogen-powered-engines/) - NORTH AMERICAN REPORT Cummins, Inc., is working to develop hydrogen-powered engines, using approaches for Hydrogen combustion engines and hydrogen fuel cells. Both hydrogen engines and hydrogen fuel cells are better suited for long haul and many regional-haul truck applications than pure battery electric vehicles. In North America, Cummins plans to introduce hydrogen internal combustion engines
- [We'll Be at the Battery Show in Stuttgart](https://www.powersys.com/2022/06/well-be-at-the-battery-show-in-stuttgart/) - The Battery Show Europe and the Electric & Hybrid Vehicle Technology Expo Europe is scheduled to be held June 28-30 at the Messe Stuttgart in Stuttgart, Germany. More than 6,000 attendees are expected to tour the show and visit the more than 540 exhibiting suppliers. Power Systems Research (PSR) will have a team of analysts
- [Power Systems Research Expands Forecast Capabilities and Focus on Technology Adoption ](https://www.powersys.com/2022/06/power-systems-research-expands-forecast-capabilities-and-focus-on-technology-adoption-/) - Guy Youngs Joins PSR Team Power Systems Research (PSR), a leading source of global production and forecast information for powered equipment, has expanded its capabilities with the addition of Guy Youngs, an experienced market intelligence specialist. Youngs, who has more than 30 years’ experience as an industry market analyst, most recently spent 11 years working
- [MEGURI2040: The Fully Autonomous Ship Program](https://www.powersys.com/2022/05/meguri2040-the-fully-autonomous-ship-program/) - FAR EAST: JAPAN REPORT The Nippon Foundation, Mitsubishi Heavy Industries Group company Mitsubishi Shipbuilding Co., Ltd., and Shin Nihonkai Ferry Co., Ltd. have successfully completed a demonstration test of the world’s first fully autonomous ship navigation systems on a large ferry, conducted on the Iyonada Sea from Shinmoji, Kitakyushuu City, in January. This demonstration was
- [Hyundai Sells More Than 800 EVs at Indonesia Auto Show](https://www.powersys.com/2022/05/hyundai-sells-more-than-800-evs-at-indonesia-auto-show/) - FAR EAST: SOUTH KOREA REPORT Hyundai Motor Indonesia (HMID) said it has signed contracts for more than 800 units of the Ioniq 5 EV announced at the Indonesia International Motor Show (IIMS) Hybrid 2022 in Jakarta. The company announced that it has started mass production of the Ioniq 5 and that it will begin shipping
- [Vietnam's Dat Bike EV Motorcycle Enters SE Asia](https://www.powersys.com/2022/05/vietnams-dat-bike-ev-motorcycle-enters-se-asia/) - SOUTHEAST ASIA: VIETNAM REPORT Vietnamese electric bike manufacturer Dat Bike says it has raised $5.3 million. This brings the total raised by Dat Bike, founded in 2019, to $10 million. The funds will be used to invest in technology, increase production, expand operations to major cities in northern, central, and southern Vietnam, and hire skilled
- [Komatsu Announces Expansion in Brazil](https://www.powersys.com/2022/05/komatsu-announces-expansion-in-brazil/) - BRAZIL/SOUTH AMERICA REPORT Komatsu announced planned investment of US$ 30 million (R$ 158 M) for a second cycle of production capacity expansion of its Suzano Plant in Brazil. According to Komatsu, production capacity will be increased 26%. Komatsu has invested US$ 20 million (R$ 100 M) during the last three years for 32% capacity
- [Agrishow 2022 Sells US$ 5 Billion in Ag Equipment](https://www.powersys.com/2022/05/agrishow-2022-sells-us-5-billion-in-ag-equipment/) - Following two years with the show canceled because of COVID-19, the 2022 edition of the biggest agricultural segment trade show reached US$ 5.5 Billion (R$ 11.2 Billion) in equipment sales, including Agricultural Machines, irrigation equipment and storage equipment. A total of 193,000 people visited the show, including our team of PSR representatives in South America.
- [PMI Electro To Set Up EV Manufacturing Plant in Maharashtra](https://www.powersys.com/2022/05/8495/) - INDIA REPORT Electric bus maker PMI Electro announced the setting up of its largest EV manufacturing plant with annual production capacity of 2,500 vehicles at Chakan in Maharashtra. Source: Economic Times Read The Article PSR Analysis: PMI operates a manufacturing facility in Delhi, India’s capital region, which has an annual production capacity of about 1,500 electric buses. With
- [Tata Motors: Electrification Is an Irreversible Trend](https://www.powersys.com/2022/05/tata-motors-electrification-is-an-irreversible-trend/) - Tata Motors recently unveiled the electric avatar of its most popular small commercial vehicle Ace. The company said it has booked orders for 39,000 units from top e-commerce players. India’s largest commercial vehicle manufacturer plans to transform commercial vehicles to achieve a net-zero target by 2070 for the country. PSR Aditya Kondejkar is Research Analyst –
- [Beijing Plan Calls for 100% EV Commercial Vehicles](https://www.powersys.com/2022/05/beijing-plan-calls-for-100-ev-commercial-vehicles/) - CHINA REPORT Under its new Five Year Plan, Beijing will expand restriction on the use of vehicles entering Beijing. At the same time, Beijing will restrict the use of China III diesel trucks and will implement regional traffic restrictions during peak hours of working days, strengthen the management of illegal electric three and four wheeled
- [Plant-Based Bio-fuel May Not Replace Fossil Fuels](https://www.powersys.com/2022/05/plant-based-bio-fuel-may-not-replace-fossil-fuels/) - EUROPE REPORT Over the last decade we have worked to reduce fossil fuel consumption in Europe without cutting back the use of our cars, trucks, and motorbikes. It was thought that by mixing diesel and fuel with crop-based bio-fuel it would reduce fossil fuel usage. However, over the last 30 years the emission of CO2
- [Thai Incentive Program to Promote EVs, Starting in 2022](https://www.powersys.com/2022/04/thai-incentive-program-to-promote-evs-starting-in-2022/) - SOUTHEAST ASIA: THAILAND REPORT The Thai government plans to introduce an incentive program to promote EVs starting in 2022. The program will focus on providing subsidies to lower sales prices and reducing excise and import taxes. Automakers taking advantage of the program will be required to produce EVs locally from 2024 onward. According to local
- [Yanmar Makes Major Battery Buy](https://www.powersys.com/2022/04/yanmar-makes-major-battery-buy/) - FAR EAST: JAPAN REPORT Yanmar Holdings Co. Ltd. announced it has acquired a majority share in ELEO Technologies B.V., a battery technology company based in Helmond, the Netherlands. By integrating ELEO’s advanced, scalable, and modular battery technology, Yanmar said it will further its electrified powertrain capabilities with customized solutions for off-road applications. After joining the
- [Korea To Increase EV Battery Material Production](https://www.powersys.com/2022/04/korea-to-increase-ev-battery-material-production/) - FAR EAST: SOUTH KOREA REPORT Korean materials giants are rushing to increase production of battery materials for EVs. Lotte Chemical plans to invest 160 billion yen to build plants for electrolytes and other materials in Korea and the U.S. LG Chem and POSCO have also announced plans to increase production. The three major Korean battery
- [Maruti Suzuki To Build EV-Battery Plant](https://www.powersys.com/2022/04/maruti-suzuki-to-build-ev-battery-plant/) - INDIA REPORT The development work has already been started on a project codenamed YY8 planned for 2024-2025. Source: Economic Times. Read The Article Major auto players in India like Tata Motors, MG Motors and Hyundai have already announced their investment plans in the electric vehicles sector, there wasn’t any formal announcement from Maruti Suzuki, India's largest automaker. But now,
- [Five Year Plan Encourages Development of LNG Trucks and Ships](https://www.powersys.com/2022/04/five-year-plan-encourages-development-of-lng-trucks-and-ships/) - CHINA REPORT "By 2025, the national gas storage capacity of intensive layout will reach 55 billion ~ 60 billion cubic meters, accounting for about 13% of natural gas consumption. Build a green and low-carbon transportation system, optimize and adjust the transportation structure, vigorously develop multi-modal transport, promote the medium and long-distance transportation of bulk goods
- [Fleet Renewal Program Goes Live in Brazil   ](https://www.powersys.com/2022/04/fleet-renewal-program-goes-live-in-brazil/) - BRAZIL REPORT The Brazil Government has published a law starting the Truck and Buses Scrappage Policy, aiming to renew fleets, increase productivity and efficiency, reduce emissions and improve safety. Depending on the effectiveness of the program, it may affect the MHV market. See complete article translated in our webpage and the original from Automotive Business.
- [Tupy Acquires MWM in Brazil](https://www.powersys.com/2022/04/tupy-acquires-mwm-in-brazil/) - The Transaction involving the Brazilian Tupy and the subsidiary of Traton Group is around US$ 186 Million and it is approximately four times the 2021 EBITDA of MWM, with revenue of US$ 580 million. Source: Info Money Read The Article PSR Analysis: Tupy has been demonstrating its willingness to invest in engine research and development
- [Hybrid Electric-Hydrogen Maritime Propulsion System Being Developed](https://www.powersys.com/2022/02/8124/) - EUROPE REPORT Germany-based Torqeedo GmbH and Proton Motor Fuel Cell GmbH are jointly developing a hydrogen hybrid propulsion system for the marine industry. The ambitious and innovative project is provisionally named “Ma-Hy-Hy” (Marine Hydrogen Hybrid) and is funded by the Bavarian federal government until 2024. Proton Motor Fuel Cell GmbH specializes in a high-tech innovative,
- [German Soccer](https://www.powersys.com/2022/04/german-soccer/) - The European office of Power Systems Research (PSR) this season sponsored a local soccer team in Germany. The A youth of the SSG Gravenbruch is playing in the district class in the district of Offenbach am Main. The club currently occupies fourth place out of a total of 10 teams. The club is coached by
- [Hon Hai Delivers First EV Bus To Kaohsiung City in Taiwan](https://www.powersys.com/2022/03/8263/) - TAIWAN REPORT On March 3, Hon Hai Precision Industry delivered its first EV, the Model T commercial bus, to a bus route operator based in Kaohsiung City in southern Taiwan. The company aims to deliver 30 buses by the end of this year to expand its EV business, which is a new entry into the
- [Sony Unveils EV SUV, Announces Collaboration With Honda](https://www.powersys.com/2022/03/8225/) - FAR EAST: JAPAN REPORT On March 5, the Sony Group unveiled its prototype EV "VISION-S" SUV to the public for the first time in Japan. The vehicle brings together Sony's strengths in sensor, audio, and video technologies. On March 4, Sony announced a partnership with Honda, and the two companies will jointly develop EVs through
- [2019 North American Commercial Vehicle Show (NACV)](https://www.powersys.com/2019/10/nacv-show/) - The 2019 North American Commercial Vehicles Show (NACV), Atlanta, was the place to see the latest technology for on-hwy trucks. Electrification was popular
- [2019 GIE+Expo Posts Strong Growth. Battery Technology Continues Hot](https://www.powersys.com/2019/11/2019-gieexpo/) - Battery Technology Was Hot Topic at 2019 GIE+Expo. Show Posts Strong Growth.
- [Innovation Was the Name of the Game at Agritechnica 2019](https://www.powersys.com/2019/11/innovation-was-the-name-of-the-game-at-agritechnica-2019/) - Agritechnica 2019 in Hanover offers harvesters to drones and other high tech equipment. Read the report from PSR analysts at the show.
- [John Deere Wins Innovation Award at Agritechnica 2019](https://www.powersys.com/2019/11/john-deere-wins-innovation-award-at-agritech-2019/) - The eAutoPower gearbox for the new 8R large tractors from John Deere represents the first electro-mechanical power split gearbox in agricultural technology.
- [Foreign Automakers Face Ultimatum](https://www.powersys.com/2022/03/foreign-automakers-face-ultimatum/) - RUSSIA REPORT March 10, 2022--Foreign companies which have paused their business operations in Russia must resume their work, or face bankruptcy of their Russian division. Foreign companies made huge investments to localization production in Russia, and they don’t want to leave the Russian market, but they face unprecedent pressure by their own regulators. In this
- [Caterpillar Plans To Stop Production in Russia](https://www.powersys.com/2022/03/caterpillar-plans-to-stop-production-in-russia/) - RUSSIA REPORT March 10, 2022—The American company Caterpillar, specializing in construction and mining machines, has suspended work at its plants in Russia because of the situation in Ukraine. Caterpillar said it is donating more than US$ 1 million to the victims of the crisis. “We are deeply saddened by the tragic events continuing to occur
- [KAMAZ Changes Truck Models Following Daimler's Exit from Russia](https://www.powersys.com/2022/03/kamaz-changes-truck-models-following-daimlers-exit-from-russia/) - RUSSIA REPORT March 10, 2022—The KAMAZ plant, which was hit by sanctions, has production orders only until the end of March. Currently, the OEM is working through orders for April and May, according to a company official. Company operations are linked to supplies from Europe, which have been halted, he said. He also added that
- [Electric VW E-Delivery Has New Chargers and Reach Into Colombia](https://www.powersys.com/2022/03/electric-vw-e-delivery-has-new-chargers-and-reach-into-colombia/) - BRAZIL REPORT VWCO will increase the offer of homologated chargers and now it can be charged in more than 10 different wall boxes. In addition to the new chargers, VW is starting the sale effort in Colombia in agreement with Porsche Colombia, with versions of 11 and 14 tons. Source: Automotive Business Read The Article
- [São Paulo Starts Construction of BRT Aiming Electric Buses](https://www.powersys.com/2022/03/sao-paulo-starts-construction-of-brt-aiming-electric-buses/) - BRAZIL REPORT The São Paulo Government has announced the start of a BRT line, going through cities surrounding the São Paulo capital city with plans to be operating in 2023. This line has 17 km of extension and will use 82 Battery Electric Articulated 23 meter buses. Source: M&T Read The Article PSR Analysis: The
- [Brazil Cuts Taxes on Production of Several Segments](https://www.powersys.com/2022/03/brazil-cuts-taxes-on-production-of-several-segments/) - BRAZIL/SOUTH AMERICA REPORT Taxes on Industrialized Products (IPI) will be reduced by 25% for most of industrialized goods, in a Governmental effort to boost Industry production. The total impact in federal revenue will be US$ 5 billion in 2022. Source: M&T Read The Article PSR Analysis: This should affect positively sales and profitability in all
- [Piaggio Developing Electric Scooter For Indian Market](https://www.powersys.com/2022/03/piaggio-developing-electric-scooter-for-indian-market/) - INDIA REPORT Piaggio, which sells electric scooters in Europe, is developing products specifically for India but it will take 18-24 months to enter the market. It will focus on scooters and not launch electric motorcycles. The large automaker has 2024 in its sights as a realistic go-to-market timeline for the new scooter. "We are interested
- [Penetration Rate of Intelligent EVs in China in 2030 May Exceed 90%](https://www.powersys.com/2022/03/penetration-rate-of-intelligent-evs-in-china-in-2030-may-exceed-90/) - CHINA REPORT "China has the largest automobile production in the world, the most complete industrial foundation, supply chain foundation, talent foundation and market foundation,” said Li Bin, chairman of Weilai automobile. These factors provide China with a significant advantage in developing intelligent EVs, he said “In fact, if we can have the advantages of these
- [Middle East Energy Show Is Back Live](https://www.powersys.com/2022/03/middle-east-energy-show-is-back-live/) - EUROPE REPORT The last two years have seen a turnaround in the global economy and the way of doing business. Many habits have changed, and trade shows were severely impacted by the pandemic. For 2022, however the MEE is back live in Dubai. The floor plan has been reduced, removing roughly half of the space
- [Medium and Heavy EV Market In Early Testing](https://www.powersys.com/2022/03/medium-and-heavy-ev-market-in-early-testing/) - Autonomous Medium and Heavy Commercial Vehicles We have been hearing a lot of talk and getting questions on the current status and the future of autonomous vehicles within the medium and heavy segment. Early adopters of autonomous technology will likely be in the class 8 long haul segment followed by the bus and medium duty
- [Union Budget Push To Expand Highways and EVs](https://www.powersys.com/2022/02/union-budget-push-to-expand-highways-and-evs/) - INDIA REPORT The 2022-2023 Budget is focused on building long-term strength using investment as the growth lever while maintaining policy stability and inclusivity. The 35% increased capex outlay, major infrastructure projects like 25,000 km road construction, 100 Cargo terminals, Project GatiShakti, 5G network, optic fiber cable laying and the recent PLI schemes are major positives.
- [UAZ Starts To Supply Components for Hyundai and Kia](https://www.powersys.com/2022/02/uaz-starts-to-supply-components-for-hyundai-and-kia/) - RUSSIA REPORT The UAZ-Component company, part of the Ulyanovsk Automotive Plant, has started making crankshafts for engines Hyundai Gamma 1.6. The first serial lot of 3000 crankshafts was shipped in December 2021. The UAZ crankshaft was designed according to Hyundai requirements, and the components made by UAZ are being installed in Hyundai Solaris, Creta, Kia
- [New Russian 653hp Engine for Grain Combines](https://www.powersys.com/2022/02/new-russian-653hp-engine-for-grain-combines/) - RUSSIA REPORT Tutaev Motor Plant has completed creation of 18.5 liter 8 cylinder Vee diesel engine TMZ-8807.10 with two turbochargers, electronic operation system and iron cast cylinder block heads. The powertrain pushes out 653 hp and is a part of new engine family, the TMZ-880. The development of the TMZ-880 family was started in 2016.
- [Thai Oil Corp and Hon Hai To Produce 50,000 EVs in 2024](https://www.powersys.com/2022/02/thai-oil-corp-and-hon-hai-to-produce-50000-evs-in-2024/) - THAILAND REPORT Thailand's state-owned energy giant, PTT says it will start producing EVs in 2024 in a joint venture with Taiwan's Hon Hai Precision Industry. They will build a plant in eastern Thailand with an annual production capacity of 50,000 units, which they plan to increase to 150,000 units by 2030. PTT and Hon Hai
- [Doosan Bobcat Aims at NA Market with Fully Electric T7X](https://www.powersys.com/2022/02/doosan-bobcat-aims-at-na-market-with-fully-electric-t7x/) - SOUTH KOREA REPORT Doosan Bobcat unveiled the world's first fully electric construction equipment to the global market through CES 2022, the world's largest technology exhibition. Doosan Bobcat held a media day event at the Mandalay Bay Convention Center in Las Vegas to introduce the T7X, which won two CES 2022 Innovation Awards. The T7X is
- [Yamaha Motor To Launch Electric Motorcycles in Europe](https://www.powersys.com/2022/02/yamaha-motor-to-launch-electric-motorcycles-in-europe/) - JAPAN REPORT Yamaha plans to launch a series of electric motorcycles in Japan and overseas this spring. Electric motorcycles with an engine displacement equivalent to 125cc will be leased and sold on a trial basis in Europe, Japan and other countries. In response to the global trend of decarbonization, Yamaha has set a goal of
- [Bosch Qingling Builds Hydrogen Fuel Cell Plant](https://www.powersys.com/2022/02/bosch-qingling-builds-hydrogen-fuel-cell-plant/) - CHINA REPORT Bosch Qingling has begun construction on Bosch's first R & D Center for hydrogen fuel production in the world, a national hydrogen fuel cell engine production base and a national hydrogen energy commercial vehicle production base. The hydrogen fuel cell engine project is being built jointly by Bosch (China) Investment Co., Ltd. and
- [Low Interest Funding Set for Low Emission Off-Highway Machines](https://www.powersys.com/2022/02/low-interest-funding-set-for-low-emission-off-highway-machines/) - SOUTH AMERICA REPORT The program called Low Carbon FINAME is dedicated to the acquisition of new machines that contribute to carbon emission reduction, with a focus on EV Buses, EV Trucks and Off-Highway Machines electric and Hybrid. OEMs have to register their products before December 2024 to access lower interest rates. Source: M&T Read The
- [Scania Tests Euro VI Engine in Brazil](https://www.powersys.com/2022/02/scania-tests-euro-vi-engine-in-brazil/) - SOUTH AMERICA REPORT The 13 liters with Scania Twin SCR aftertreatment developed in Sweden is tested in Brazil for the new Proconve P8 products, already in place for new models and mandatory for all models by January 2023. The homologation process at IBAMA is already advanced but may show adaption needs to Brazilian environment. This
- [Embraer/Eve Formalizes Flying Car Register](https://www.powersys.com/2022/02/embraer-eve-formalizes-flying-car-register/) - SOUTH AMERICA REPORT Eve Urban Air Mobility, the branch of aircraft giant Embraer, says it has started the process to register its eVTOL, Electric Vertical Take Off and Landing, vehicle at ANAC, the Brazilian bureau for aircraft certification and tied to international bureaus. Getting this documentation is the most important step for starting its commercial
- [NA Medium and Heavy EV Market In Early Testing](https://www.powersys.com/2022/02/na-medium-and-heavy-ev-market-in-early-testing/) - Q. What is the current state of electric vehicle technology globally as well as the U.S.?A. From a medium and heavy truck perspective, electric trucks are still in the early stages of testing, and it will still be a few years before we know if the current technology will be effective. Transit or city buses
- [North American Economy Should Be Strong in 2022 But Grow at Slower Pace](https://www.powersys.com/2022/02/8103/) - SUMMARY. 2021 was a year of big hopes for economic recovery and pandemic management, and, overall, the economic rebound was strong. Looking at the state of the economy in general, and the key economic indicators such as GDP, interest rates, employment levels, etc., the North America market finished the year on a very high note.
- [Truck Production Index (PSR-TPI) Loses 37%](https://www.powersys.com/2022/02/2021-truck-production-index-psr-tpi-loses-37/) - ST. PAUL, MN — The Q4 2021 Power Systems Research Truck Production Index (PSR-TPI) increased from 116 to 120, or 3.4%, for the three-month period ended December 31,2021, from Q3 2021. The year-over-year (Q4 2020 to Q4 2021) loss for the PSR-TPI was, 190 to 120, or -37%. The PSR-TPI measures truck production globally and
- [KAMAZ Launches 720 hp Engine](https://www.powersys.com/2022/01/kamaz-launches-720-hp-engine/) - RUSSIA REPORT PowerTALK, January 2022 KAMAZ said it is installing new 6-cylinder engines working on methane gas and having 720 HP on its trucks. Switching to NG fuel is one of the main trends of the Russian automotive giant. It builds Inline 6 and V8 engines Inline 6 cylinders engine will be made in several
- [Kohler Engines Introduces Small Diesel](https://www.powersys.com/2022/01/kohler-engines-introduces-small-diesel/) - EUROPE REPORT PowerTALK, January 2022 Kohler Engines has introduced a new series of small diesel engines: the KSD. At launch three models will be available: KSD 1403NA (Naturally aspirated) KSD 1403TC (Turbocharged) KSD 1403TCA (Turbocharged with aftercooler) Later on, more variants will be released, completing further the series. Developed as a new electronic engine, this
- [Bad Weather in Brazil Jeopardizes Ag Machines Market](https://www.powersys.com/2022/01/bad-weather-in-brazil-jeopardizes-ag-machines-market/) - BRAZIL/SOUTH AMERICA REPORT During the last week of 2021 and the first week of 2022, grain crops faced unfavorable weather conditions. At Mato Grosso and Paraná Regions the lack of rain has been the big problem, while in states like Tocantins and Bahia the problem is an excess of rain, influenced by the climatic
- [Brazil Off-Highway, Industrial Segments Expect 4% Growth in 2022](https://www.powersys.com/2022/01/brazil-highwayindustrial-segments-see-4-growth-in-2022/) - SOUTH AMERICA REPORT According to Abimaq, the total machine segment, that includes Construction Equipment, Agricultural Equipment, Power Gen-Sets, Industrial Equipment and others, grew 20% in 2021 and should grow more than 4% in 2022. When breaking down by subsegment, ABIMAQ see the segments impacted by infrastructure growing around 15% and the segments impacted by Agriculture
- [Autotor To Produce Two Models of Electric Cars in 2023](https://www.powersys.com/2022/01/autotor-to-produce-two-models-of-electric-cars-in-2023/) - RUSSIA REPORT Autotor said it plans to start mass production of electric cars next year. One of the new models will be a city car for young drivers, and second one will be a car for people with limited liabilities. The OEM already has developed a concept vehicle with the designers from Europe, and there
- [Ural To Produce Axles for Heavy Trucks](https://www.powersys.com/2022/01/ural-to-produce-axles-for-heavy-trucks/) - RUSSIA REPORT The Fund of Industrial Development has approved a loan of US$ 27 million (2 Bln rubles) under the “Priority Projects” program, which will allow Ural to build axles at a new production facility. The new site will allow OEM to double production of heavy load trucks and to create about 4,000 jobs. Currently,
- [Ford Automotive Plant Sold To Korean Sungwoo Hitech](https://www.powersys.com/2022/01/ford-automotive-plant-sold-to-korean-sungwoo-hitech/) - RUSSIA REPORT The South Korean company Sungwoo Hitech, a manufacturer of auto components that is part of the Hyundai group, has purchased an abandoned Ford plant in Vsevolzhsk. Details of the deal have not disclosed. However, the plant, which is partly stripped and which has been idle for two years, is being sold for US$
- [Cabinet Okays Rs 76,000-cr Semiconductor Plan](https://www.powersys.com/2022/01/cabinet-okays-rs-76000-cr-semiconductor-plan/) - INDIA REPORT The India Cabinet has cleared a Rs 76,000-cr incentive plan for semiconductors that will set up more than 20 semiconductor design, components manufacturing and display fabrication units over the next six years. A specialized and independent “India Semiconductor Mission (ISM)” was launched Dec. 29, 2021, to drive the long-term strategies for developing a
- [Japan Could Miss Out on Southeast Asia's Shift To EVs](https://www.powersys.com/2022/01/japan-could-miss-out-on-southeast-asias-shift-to-evs/) - INDONESIA AND THAILAND REPORT Competition in the development of EVs is fierce, and the momentum for their introduction is growing in Southeast Asia. While Chinese and Korean manufacturers are aggressively entering the market, Japanese manufacturers, which hold an 80% share of the new car market, have not made any significant moves. Although the COVID-19 disaster
- [LG Chem To Build Plant for Auto Battery Materials in Korea](https://www.powersys.com/2022/01/lg-chem-to-build-plant-for-auto-battery-materials-in-korea/) - FAR EAST: SOUTH KOREA REPORT LG Chem says it will build a cathode material plant for automotive battery materials in Gumi, central South Korea. LG Chem has the second largest automotive battery business in the world. They will continue to invest in increasing production in the materials field to meet the increasing demand and plans
- [Look for Unprecedented Launch of EVs in Japanese Market](https://www.powersys.com/2022/01/look-for-unprecedented-launch-of-evs-in-japanese-market/) - JAPAN REPORT The Japanese market in 2022 will be greatly affected by two factors: COVID-19 in its third year and the semiconductor shortage. Despite this, companies are making steady progress in their approach to the industrial issues of the environment and safety, and in particular, the full-scale development of EV products is positioned as a
- [In 2025, China's Construction Machinery Electric Drive Products May Reach 25%](https://www.powersys.com/2022/01/in-2025-chinas-construction-machinery-electric-drive-products-may-reach-25/) - CHINA REPORT Electrification has become one of the important directions of green development within China’s construction machinery segment. Domestic construction machinery leaders have increased the development of equipment electrification and have launched a variety of electrification products. Some professional organizations predict that by 2025 the penetration rate of main products may reach 25%. The electrification
- [2021 Trailer Industry Grows 33% at 163,000 Units](https://www.powersys.com/2022/01/2021-trailer-industry-grows-33-at-163000-units/) - The Brazil trailer industry registered 163,000 new license plates in 2021 vs. 122,000 in 2020, growing 33.5%. The result could have been even better since the segment was affected by a lack of components, such as steel, tires, etc. Export sales climbed to 4,600 units vs. 2,100 units in 2021. Source: M&T / Anfir Read
- [MHV Production Growth Expected in 2022-2023](https://www.powersys.com/2022/01/mhv-production-growth-expected-in-2022-2023/) - Summary: Global demand for Medium and Heavy Commercial Vehicles (MHV) rebounded in 2021 but overall growth in the segment was flat. Going forward, we expect the growth to accelerate in 2022 and 2023. The exceptions to this rebound trend are in China and India, which continue to decline and sharply drive overall global production numbers
- [Indonesia Aims at Lead in Integrated EV Production](https://www.powersys.com/2021/12/indonesia-aims-at-lead-in-integrated-ev-production/) - INDONESIA REPORT Investment related to EVs is gaining momentum in Indonesia. While the government is aiming to upgrade the industry by mainly using nickel as a battery material, Hyundai Motor of South Korea and Hon Hai Precision Industry of Taiwan have announced their plans to produce EVs and automotive batteries. If the concentration of industries
- [Global: Recovery Is Strong, but Uneven](https://www.powersys.com/2022/01/global-recovery-is-strong-but-uneven/) - GLOBAL REPORT SUMMARY. The global economy performed very well in 2021 and continues to recover, along with trade, employment and incomes. But the revival is unbalanced, with regions/countries, businesses and people facing very different economic realities. Recent improvements also conceal structural changes, which means that some sectors, jobs, and technologies will not return to their
- [Toyota Joins BYD To Build Affordable $30,000 Electric Car](https://www.powersys.com/2021/12/toyota-joins-byd-to-build-affordable-30000-electric-car/) - JAPAN REPORT Toyota reportedly has partnered with China’s BYD to develop an affordable electric car to launch next year. The Japanese automaker has widely been recognized as a laggard in the transition to electric vehicles. Years of betting on hydrogen fuel cells and hybrid vehicles has put Toyota behind on battery-electric vehicles. Reuters reports Toyota
- [UAZ Patriot SUV Collects US$ 3.8 Million in Pre-orders in USA](https://www.powersys.com/2021/12/uaz-patriot-suv-collects-us-3-8-million-in-pre-orders-in-usa/) - The North-American premiere of the UAZ Patriot SUV took place recently at the Los Angeles international Autosalon. The exclusive importer of the vehicle is Bremach Inc., a California company. The Russian car has its own name, Bremach 4x4. The name Taos, announced earlier, was rejected to avoid the conflict with Volkswagen, which has had a
- [New Cars in Russia Cost More Than in USA and Europe](https://www.powersys.com/2021/12/new-cars-in-russia-cost-more-than-in-usa-and-europe/) - The prices for cars in Russia now exceed the prices abroad. The high prices are caused by high custom taxes, certification for Glonass satellite systems and exchange rates of national currency. After many global OEMs built assembly plants in Russia, prices for cars were equal to cars in other markets, and after fall of the
- [GAZ Group May Start Mass Production of Hydrogen Engines in 2.5 Years](https://www.powersys.com/2021/12/gaz-group-may-start-mass-production-of-hydrogen-engines-in-2-5-years/) - This report comes from General Director of GAZ Power Aggregate division Konstantin Rukhani. “After 18 months we shall complete the tests, after about 2.5 years, we’ll come to mass conveyor production,” he told Ruhani. He added that the design of the new hydrogen engine will be similar to its gas reciprocating engine. “We consider that
- [MG Motors Plans To Make India An Export Hub](https://www.powersys.com/2021/12/mg-motors-plans-to-make-india-an-export-hub/) - MG Motor India is considering the possibility of exporting shipments from India to markets such as South Africa and the UK along with tapping other right-hand-drive markets across the globe. Despite the current semiconductor shortage, MG motors plans to prepare for a long-term vision of increasing its exports from India. The start of the company’s South
- [TSMC in Early Talks on Germany Plant](https://www.powersys.com/2021/12/tsmc-in-early-talks-on-germany-plant/) - Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is in early talks with the German government about potentially establishing a plant in the country, according to a senior executive. Various factors, including government subsidies, customer demand and the talent pool, would influence its final decision, TSMC senior vice president of Europe and Asia sales Lora Ho (何麗梅)
- [Cummins Announces Hydrogen and Electrified Portfolio in Brazil](https://www.powersys.com/2021/12/cummins-announces-hydrogen-and-electrified-portfolio-in-brazil/) - When completing 50 years in Brazil, Cummins announces the arrival of the New Power unit in South America. This includes Electric propulsion, NG Engines, cleaner Diesel Engines, Fuel Cell and mainly Hydrogen. Source: M&T Magazine Read The Article PSR Analysis: As part of its global strategy, Cummins in South America, leads in the first phase
- [VWCO To Invest US$ 400 million in Four Years in Brazil](https://www.powersys.com/2021/12/vwco-to-invest-us-400-million-in-four-years-in-brazil/) - The amount is expected to be directed mainly to new technologies, such as for the Proconve P8 introduction in 2023, new technologies for Connectivity and development of sales and aftersales areas. Source: O Estado de São Paulo Read The Article PSR Analysis: The investment is higher than the former investments cycles but keeps the same
- [JCB To Expand Production Capacity in Brazil](https://www.powersys.com/2021/12/jcb-to-expand-production-capacity-in-brazil/) - JCB plans to invest R$ 120 million (US$ 20 million) in its factory located in Sorocaba, State of São Paulo, with the objective of increasing annual production capacity from 4,000 to 10,000 units by 2026. JCB expects to grow 50% in sales volume this year, compared to last year's results, and more than double the
- [Gen-Set Sales Plateau as Supply Chain Catches Up in Q1 2021](https://www.powersys.com/2021/05/gen-set-sales-plateau-as-supply-chain-catches-up-in-q1-2021/) - SUMMARY: Our PowerTrackerTM dealer and distributor survey of 200 respondents reported that overall gen-set sales declined in Q1 2021 down 7.4% from Q4 2020 levels. This decrease follows three consecutive quarters in 2020 where dealers reported overall sales increases of 4.5% in Q2 2020 followed by 11.9% in Q3 2020 and 6.3% in Q4 2020.
- [Hyundai Motor Launches 'Wage Half Price Plant'](https://www.powersys.com/2021/11/hyundai-motor-launches-wage-half-price-plant/) - For the first time in 23 years, a finished car plant has started operations in South Korea. The operator is Gwangju Global Motors (GGM). This unfamiliar company was established under the leadership of the city of Gwangju in southwestern South Korea, with Hyundai Motor taking a stake, to specialize in contract manufacturing of small cars.
- [VinFast Launches Two EVs, Announces US HQ and Manufacturing Plant](https://www.powersys.com/2021/11/vinfast-launches-two-evs-announces-us-hq-and-manufacturing-plant/) - VinFast has selected Los Angeles as its US headquarters and recently shared plans to begin manufacturing in the U.S. in 2024. VinFast is the automotive manufacturing subsidiary of VinGroup, a Vietnamese conglomerate that develops everything from real estate to technology and healthcare. The VinFast subsidiary was founded in 2017. VinFast is working to deliver its
- [NEDO Begins R&D of Hydrogen Aircraft](https://www.powersys.com/2021/11/nedo-begins-rd-of-hydrogen-aircraft/) - The New Energy and Industrial Technology Development Organization (NEDO) says it will launch a four-topic research and development project for the development of next-generation aircraft, including core technologies for hydrogen aircraft and drastic weight reduction of major structural components of aircraft. By using Japan's strengths in elemental technologies such as hydrogen and materials, the project
- [Important Russian Mega-Project in Doubt](https://www.powersys.com/2021/11/important-russian-mega-project-in-doubt/) - The government is considering cancelling construction of the high-speed railway between Moscow and St. Petersburg. One alternative being considered is the replacement of the high-speed railway for selected cargo between the two cities. This option is lobbied by Russian Railways. The plans to build a high-speed railway between Moscow and St. Petersburg were announced last
- [Assembly of Russian Railway Machine Kits Started in India](https://www.powersys.com/2021/11/assembly-of-russian-railway-machine-kits-started-in-india/) - Technical specialist of Sinara Transport Machines (STM) has started work on assembly of RTM-32 kits in India. They also will supervise trial starts of finished machines. Kit assembly works are performed under a State program “Made in India”, if there is a localization level of 51%. Based on Russian kits, there will be made rail
- [AutoVAZ Stops Production at Tolyatti Plant](https://www.powersys.com/2021/11/autovaz-stops-production-at-tolyatti-plant/) - AutoVAZ stopped assembly of cars on all three production lines at its Tolyatti plant Nov. 12, because of parts shortages, according to the plant's trade union representative. The plant produces Lada Largus, Lada X-Ray, Renault Sandero, Logan, Lada Niva Legend, Lada Kalina, and Lada Granta. AutoVAZ systematically stops its conveyors because of component shortages. To
- [Chip Shortages Cause Worst Festive Season in Decade for Auto Industry](https://www.powersys.com/2021/11/chip-shortages-cause-worst-festive-season-in-decade-for-auto-industry/) - 2021’s festive period from Navratri to Diwali (October) marked the worst performance for India automakers in nearly a decade. Usually, sales of PVs peak during the period, however, the demand was much lower this year. Further, two-wheeler and tractor sales dropped by about 10%. The major reason for this drop is supply-side challenges on semiconductors
- [Weichai Delivers 150-Ton Mining Trucks](https://www.powersys.com/2021/11/weichais-150-ton-mining-trucks-delivered/) - The 150-ton large-scale mining truck delivered by Weichai has accumulated more than 50,000 hours of trial operation, with a total mileage of more than 360,000 kilometers, a 70% increase in efficiency, and a 10% reduction in unit energy consumption. This product is equipped with a powertrain system consisting of Weichai Group's 17-liter engine + 3300
- [Argentina Car Sales Drop 24%, But Production Grows](https://www.powersys.com/2021/11/argentina-car-sales-drop-24-but-production-grows/) - Sales in October 2021 are 24.1% lower than the same period of 2020 in Argentina, at about 25,000 units. This is also 1.6% lower than September 2021. On the other hand, production has grown 42.8% in October 2021 over October 2020 with 41,000 units produced, driven by strong exports. Source: Automotive Business Read The Article
- [Brazil Government Signals Concessions for Proconve L7 Introduction](https://www.powersys.com/2021/11/brazil-government-signals-concessions-for-proconve-l7-introduction/) - The current production limit for Production of L6 emissions level of Dec. 31 is expected to be extended by three months for new vehicles finishing. All the other terms should be kept as it is. Source: Automotive Business Read The Article PSR Analysis: With the semiconductor shortage, there are about 93,000 incomplete vehicles in Brazil
- [Chinese Higer Bus To Produce Electric Buses in Brazil by 2023](https://www.powersys.com/2021/11/chinese-higer-bus-to-produce-electric-buses-in-brazil-by-2023/) - This Chinese OEM confirmed the plans to start the production of its vehicles in Brazil by 2023 after the initial phase of importing the first units in 2022. In 2021, road tests of the Azure A12BR will take place in São Paulo using the regular city bus fleet. Source: Automotive Business Read The Article PSR
- [Stellantis Confirms Second Electric LCV in Brazil](https://www.powersys.com/2021/11/stellantis-confirms-second-electric-lcv-in-brazil/) - Soon after the recent launch of the Peugeot e-Expert, Stellantis announced the Citroën e-Jumpy on Friday Nov. 12. Price, drives, batteries configuration, autonomy have not been announced yet. However it announced the growth expectations from 1.2% Market Share to 4% with the new electric launches. Source: Automotive Business Read The Article PSR Analysis: Although it
- [BMW Starts Production of CE 04 EV Motorbike](https://www.powersys.com/2021/11/bmw-starts-production-of-ce-04-ev-motorbike-scooter/) - The CE 04 falls somewhere between a maxiscooter and a light electric motorcycle, with a distinguished concept style. Initially, the rated power will be 42 Hp, giving the CE 04 a 2.6 seconds to 50km/h and 120 km/h max speed. A second model will be soon available with 31 Hp, with slower acceleration but similar
- [Global Economy On the Path To Economic Recovery, Despite Increased Uncertainty](https://www.powersys.com/2021/11/global-economy-on-the-path-to-economic-recovery-despite-increased-uncertainty/) - The global economy is on a healthy rebound trend, but issues with supply chain, logistics and the re-surgency of COVID-19 during Q3 2021 remained. Power Systems Research witnessed a strong economic recovery globally in H1 2021; however, many challenges still remain. The rebound will continue to vary widely among different regions/countries, but a complete recovery
- [Edge Computing: Healthcare](https://www.powersys.com/2021/11/edge-computing-healthcare/) - In his ongoing series on edge computing, John Krzesicki talks with returning guest Carrie Geotz about edge computing in the healthcare industry.
- [Edge Computing: Powering Greenhouses](https://www.powersys.com/2021/09/edge-computing-powering-greenhouses/) - John Krzesicki talks with Thomas Bourgeois from Pace Energy and Climate Center in his continuing series "Living on the Edge". In today's episode John discusses powering greenhouses and local food production. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 John Krzesicki Hello, my name is John Krzesicki. Today it's my
- [Edge Computing: Microgrids](https://www.powersys.com/2021/09/edge-computing-microgrids/) - In part 3 of "Living on the Edge" John Krzesicki examines microgrids with his guest Thomas Bourgeois, Deputy Director of the Pace Energy and Climate Center. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 John Krzesicki Hello, my name is John Krzesicki. Today it's my pleasure to host the Power
- [Edge Computing in Smart Cities and Communities](https://www.powersys.com/2021/08/edge-computing-in-smart-cities-and-communities/) - Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:05 John Krzesicki My name is John Krzesicki. Today it's my pleasure to host this Power Systems’ “Living on the Edge” series smart city discussion. The show where we have conversations with industry experts on their insights into the mobility’s future and impact
- [Edge Computing Makes America More Efficient](https://www.powersys.com/2021/08/edge-computing-makes-america-more-efficient/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 John Krzesicki Hello, my name is John Krzesicki with Power Systems Research. I'm a business development manager for the US and with me today I have Carrie Goetz who is a fractional CTO for multiple companies. She's been in the business for
- [Edge Computing Brings Data Closer To Home](https://www.powersys.com/2021/06/edge-computing-brings-data-closer-to-home/) - It's often said that there's nothing new under the sun, only new ways of doing old things. That may be especially true in how we handle data. Ever since Power Systems Research began tracking global production of engines and powertrains in 1976, its analysts have been alert to new trends surrounding power and data movement.
- [Edge Computing Helps Connect America](https://www.powersys.com/2021/07/edge-computing-helps-connect-america/) - Cities, nationally and globally, are embarking on innovative efforts to harness the benefits of rapidly emerging technologies to improve citizens’ quality of life, increase operational efficiency, and enhance economic vitality and sustainability. These efforts often involve changing the nature of data storage and transfer, primarily by moving these steps from data storage “clouds” to local
- [North America Economic Outlook - November 2021](https://www.powersys.com/2021/11/north-america-economic-outlook-november-2021/) - Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 Joe Delmont From Power Systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today we'll talk with Yosyf Sheremeta about the economic outlook for North America. Yosyf is Director of Product Management and Customer Experience for Power Systems Research. Bottom line, Yosyf,
- [Strong Growth Will Continue into 2022-23](https://www.powersys.com/2021/10/strong-growth-will-continue-into-2022-23/) - The third quarter of 2021 brought steady economic activities and strong economic recovery in North America. Despite this strong economic recovery, many existing and new challenges developed. Pandemic-related supply chain disruptions, logistics backlogs, shortages within semiconductor products and new virus re-problems, labor market issues (shortages across service industry as well as skilled labor)- have contributed
- [TSMC Plans Plant in Japan, Operation Set for 2024](https://www.powersys.com/2021/10/tsmc-plans-plant-in-japan-operation-set-for-2024/) - FAR EAST: JAPAN REPORT TSMC, the world's largest semiconductor foundry, has announced that it will build a new plant in Japan, with plans to begin construction in 2022 and mass production in 2024. The Sony Group and Denso Corporation are expected to participate in the construction of the new plant. The new plant will produce
- [Auto Production Down Sharply in Asia](https://www.powersys.com/2021/10/auto-production-down-sharply-in-asia/) - SOUTHEAST ASIA REPORT: VIETNAM, THAILAND, MALAYSIA At the end of September, an auto parts manufacturer operating a plant near the southern Vietnamese city of Ho Chi Minh is struggling with a sharp drop in orders. The parts produced at this plant are delivered to Toyota group companies. On Sept. 10, Toyota revised downward its production
- [Subsidy Program for Scrapping Diesel Vehicles Ineffective](https://www.powersys.com/2021/10/subsidy-program-for-scrapping-diesel-vehicles-ineffective/) - FAR EAST: SOUTH KOREA REPORT About half of those who received South Korean government aid to scrap their old diesel vehicles early have purchased diesel vehicles again, according to a new study. The government spent 845.4 billion won (about 79.6 billion yen) in the last five years (2016-2020) to scrap 959,000 aging diesel vehicles, but
- [Almaz-Antey Group To Develop Car Powered by Hydrogen Cells](https://www.powersys.com/2021/10/almaz-antey-group-to-develop-car-with-hydrogen-cells/) - This OEM is developing a passenger car dubbed E-NEVA which will use hydrogen as a fuel. Almaz-Antey is a group of 60 enterprises, specializing in air defense weapons. With this current effort, OEM is making civilian products based on the developments from the military industry. In August, the concern introduced a self-propelled electric chassis that
- [Russian Car Sales in September Drop 22.6%](https://www.powersys.com/2021/10/russian-car-sales-in-september-drop-22-6/) - Sales on new passenger cars and LCVs in September 2021 declined 22.6%, according to the Association of European Businesses (AEB). In total, automotive salons and dealers have sold 119,4 000 cars, which is 34,9 vehicles less than in 2020 September. According to AEB head Tomas Schterzel, “negative trend is going on” (in August the sales
- [KAMAZ Increases Nine-Month Production 21%](https://www.powersys.com/2021/10/kamaz-increases-nine-month-production-21/) - KAMAZ has significantly increased production for the first nine months of 2021 versus the same period last year. Through September, the OEM produced 30,979 vehicles, up 21% from the same period in 2020, reports the company. In September, KAMAZ made 4,067 vehicles (versus 3,676 vehicles in September 2020. Read The Report PSR Analysis: KAMAZ has
- [Personal Mobility Segment Lacks Sparkle, Stocks, Demand Drop](https://www.powersys.com/2021/10/personal-mobility-segment-lacks-sparkle-stocks-demand-drop/) - Passenger vehicles sales dropped 41% to around 160k units in September as the shortage of semi-conductors disrupted production at most of the OEMs. OEMs are facing supply shortages rather than demand problems. We are seeing robust customer demand as increasing preferences towards personal mobility increase. 2-wheel sales declined 17% to 1.5 million units in September.
- [China Faces Limits on Power and Production](https://www.powersys.com/2021/10/china-faces-restrictions-on-power-and-production/) - The global energy structure has accelerated the adjustment to green energy, and the investment in traditional energy is insufficient. Under the influence of COVID-19, energy supply and demand are disrupted, exacerbating the contradiction between supply and demand, resulting in global power shortage. China recovered from the epidemic earlier than many other countries and is now
- [Brazil Motorcycle In-Service Population Grows](https://www.powersys.com/2021/10/motorcycle-in-service-population-grows-in-brazil/) - During the pandemic, the number of motorcycles in Brazil grew with the demand for delivery and e-commerce and boosted other business, from clothes for motorcyclists to spare parts. Source: M&T Read The Article PSR Analysis: The effect is seen not only because of the incremental sales and consequent in-service population increase, but because of the
- [Volkswagen Truck and Bus and CBMM To Develop Niobium Battery for EV](https://www.powersys.com/2021/10/volkswagen-truck-and-bus-and-cbmm-to-develop-niobium-battery-for-ev/) - Volkswagen Truck and Bus, part of the Traton Group, and CBMM, a Brazilian giant of niobium mining, announced an agreement to develop batteries with Niobium for Electric Vehicles. It promises to recharge a Truck Battery in less than 10 minutes and provide a traveling higher range. Volkswagen will start tests in 2022 to develop a
- [Komatsu To Expand Autonomous Truck Operation in Brazil](https://www.powersys.com/2021/10/komatsu-to-expand-autonomous-truck-operation-in-brazil/) - In line with global trends of automatization, Komatsu is expanding its autonomous Truck operation in Brazil. It already has six trucks operating in the mining complex of Carajás (PA) and other four trucks will be introduced this year. Komatsu says the autonomous driving technology brings 40% savings on tires and brakes, 13% on overall maintenance
- [Volvo Builds Loader with Fossil-Free Steel](https://www.powersys.com/2021/10/volvo-launches-loader-made-of-fossil-free-steel/) - Volvo Group and SSAB have unveiled an autonomous loader made of fossil-free steel, claimed to be the world’s first vehicle made from that material. Manufactured at Volvo Construction Equipment’s facility in Braås, Sweden, this is said to be “just the start” as a few more will be produced in 2022 with mass production set to
- [Q3 2021 Truck Production Index (PSR-TPI) Falls 10.7%](https://www.powersys.com/2021/10/q3-2021-truck-production-index-psr-tpi-falls-10-7/) - Read Complete Report St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) dropped from 131 to 117, or 10.7%, for the three-month period ended Sept. 30, 2021, from Q2 2021. The year-over-year (Q3 2020 to Q3 2021) loss for the PSR-TPI was 141 to 117, or 17%. Except for China, all regions
- [Q3 2021 European Economic Outlook](https://www.powersys.com/2021/10/q3-2021-european-economic-outlook/) - In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his Q3 2021 outlook for the European economy. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:00:06 Emiliano Marzoli From Power Systems Research I am Emiliano Marzoli, editor of PSR PowerTalk, and today we'll
- [Second Wave of COVID-19 Hits India Commercial Vehicle Market](https://www.powersys.com/2021/10/second-wave-of-covid-19-hits-india-commercial-vehicle-market/) - Motorindia-May_2021Download The second wave of COVID-19 has put the brakes on a rebound in India's commercial vehicle market, reports Aditya Kondejkar, Power Systems Research Analyst for South Asia Operations, in the May 2021 issue of Motorindia magazine. Kondejkar notes that the second wave of the pandemic has caused shortages of semiconductors and steel as well
- [Mercedes Announces BEV Bus for Brazil](https://www.powersys.com/2021/09/mercedes-announces-bev-bus-for-brazil/) - Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact
- [Eletra Converts Trucks and Buses to Electric in Brazil](https://www.powersys.com/2021/09/eletra-converts-trucks-and-buses-to-electric-in-brazil/) - Eletra started converting Trucks and Buses from 3.5 to 54 Tons for the range of 50km to 150km by replacing the actual Powertrain (ICE, Transmission, Axels,) and suspension with batteries, electric drive and new suspension. The main benefits for the approach is to provide 30% less cost than a new Electric Truck and shorten the
- [Toyota To Invest 1.5 trillion Yen in Auto Batteries](https://www.powersys.com/2021/09/toyota-to-invest-1-5-trillion-yen-in-auto-batteries/) - FAR EAST: JAPAN REPORT Toyota Motor Corporation has announced that it will invest 1.5 trillion yen in automotive batteries by 2030. Of this amount, 1 trillion yen will be used to increase the production capacity to 200 GWh, 33 times the current level. This is an increase of more than 10% over the previous target.
- [Hyundai Motor To Convert Heavy-Duty Trucks and Buses To Hydrogen and Electric Vehicles](https://www.powersys.com/2021/09/hyundai-motor-to-convert-heavy-duty-trucks-and-buses-to-hydrogen-and-electric-vehicles/) - FAR EAST: SOUTH KOREA REPORT The Hyundai Motor Group has announced its "Hydrogen Vision 2040," which states that 2040 will be the first year of the popularization of hydrogen energy. The company plans to launch new models of all commercial vehicles, including heavy-duty trucks and buses, with hydrogen-electric and electric vehicles. The goal is to
- [VinFast Partners with Chinese Company To Make EV Batteries](https://www.powersys.com/2021/09/vinfast-partners-with-chinese-company-to-make-ev-batteries/) - SOUTHEAST ASIA: VIETNAM REPORT Automaker VinFast is partnering with China's Gotion High-Tech to research and produce batteries for electric vehicles as part of its vision to become a global brand. According to a statement released by Vingroup, VinFast's parent company, the two companies are planning to build Vietnam's first lithium iron phosphate (LFP) battery plant.
- [New Russia Electric Transport Plan To Cost US$ 8 Billion](https://www.powersys.com/2021/09/new-electric-transport-plan-to-cost-us-8-billion/) - The Russian government has approved a new plan for electric transport development into 2030 that will be implemented in two stages. At the end of the first stage, the plan calls for production of at least 25,000 electric vehicles and the launching of 9,400 charging stations. By 2030, 10% of all new vehicles should be
- [Avtotor Company Left Without Subsidies for BMW Cars](https://www.powersys.com/2021/09/avtotor-company-left-without-subsidies-for-bmw-cars/) - Avtotor is no longer receiving utilization fees for BMW cars, assembled according to the contract with the OEM in Kaliningrad. The German OEM is not ready to announce plans for increasing localization of production in Kaliningrad to return compensations. It looks like for BMW it’s easier to raise final the price to compensate for a
- [Rostselmash Increases Investment Program More Than 40%](https://www.powersys.com/2021/09/rostselmash-increases-investment-program-more-than-40/) - Rostselmash, the largest Russian AG machine maker, during the period into 2024 will increase investments for production development from US$ 275 million to US$ 390 million (19.9 billion Rubles to 28.5 billion Rubles, respectively). Initially, the transmission plant was scheduled to make 90,000 gear units per year, but as soon as the plan of tractor
- [India EV Segment Gains Traction](https://www.powersys.com/2021/09/india-ev-segment-gains-traction/) - The EV segment in India is continuing to grow with additional government support. In July of this year, the government partially modified the Faster Adoption and Manufacturing of Electric Vehicles (FAME) in India Phase II. It has included an additional demand incentive for electric two-wheelers to ₹15,000 per KWh from an earlier uniform subsidy of
- [Volvo To Produce Trucks in China in 2022](https://www.powersys.com/2021/09/volvo-to-produce-trucks-in-china-in-2022/) - Volvo Trucks expects to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks in Taiyuan for local customers in China late next year. Volvo Trucks has agreed to acquire a subsidiary of China's Jiangling Motors Co to produce trucks for the local market starting late next year. JMC Heavy Duty
- [CNH Acquires Sampierana SPA](https://www.powersys.com/2021/09/cnh-acquires-sampierana-spa/) - CNH Industrial has purchased Sampierana S.p.A. an Italian construction equipment and components manufacturer. The deal totals €101.8 million and will allow CNH to control 100% of Sampierana within the next four years. “This latest strategic acquisition will further accelerate the profitable growth of our construction equipment business. Sampierana’s exceptional portfolio solidifies our presence in critical
- [California May Ban Gas-Powered Lawn Mowers and Leaf Blowers](https://www.powersys.com/2021/09/california-may-ban-gas-powered-lawn-mowers-and-leaf-blowers/) - California may soon ban the sale of gas-powered leaf blowers and lawn mowers under a bill the Legislature passed and sent to Gov. Newsom. Assembly Bill 1346 would direct the California Air Resources Board to phase out the sale of “small off-road engines” by 2024, or as soon as the board finds feasible, whichever is later.
- [Segway’s First Robotic Lawnmower Uses GPS To Stay in Your Yard](https://www.powersys.com/2021/09/segways-first-robotic-lawnmower-uses-gps-to-stay-in-your-yard/) - Since building a brand on self-balancing personal transportation devices, Segway has expanded its consumer product range to include e-scooters, go-karts and now, autonomous mowers. The Segway Navimow is like a Roomba for your lawn, except it's different than most other robotic vacuums and mowers currently sold in one key way. Reports say that instead of requiring installation
- [Stanley Black & Decker To Purchase Cub Cadet Maker and Excel](https://www.powersys.com/2021/09/stanley-black-decker-to-purchase-cub-cadet-maker-and-excel/) - Stanley Black & Decker has announced plans to buy the remaining 80% of MTD Holdings Inc.’s stock for $1.6 billion in cash after previously buying a 20% stake in 2019. In addition to lawn tractors such as the Cub Cadet, MTD also makes push lawn mowers, snow blowers, robotic lawn mowers, outdoor power equipment and
- [Briggs & Stratton Acquires SimpliPhi Power](https://www.powersys.com/2021/09/briggs-stratton-acquires-simpliphi-power/) - Briggs & Stratton has acquired SimpliPhi Power, a battery manufacturer whose technology can be found in many microgrids. Briggs & Stratton plans to speed its growth into the energy storage market through the acquisition. SimpliPhi manufactures ferrous phosphate batteries, management technology systems and plug-and-play power packs for residential, commercial and industrial customers. SimpliPhi Power started in the movie business,
- [Ford, Argo AI, and Walmart Plan Autonomous Vehicle Delivery Service in Three U.S. Cities](https://www.powersys.com/2021/09/ford-argo-ai-and-walmart-plan-autonomous-vehicle-delivery-service-in-three-u-s-cities/) - The way we deliver products from point A to point B is changing. This transformation is creating new partnerships, with implications affecting more than just the transportation industry. Our team at Power Systems Research provides market intelligence to companies working in and around transportation and mobility functions. Ford Motor Company, Argo AI, and Walmart are
- [Honda Staff Seek Early Retirement Amid EV Shift](https://www.powersys.com/2021/08/honda-staff-seek-early-retirement-amid-ev-shift/) - Over 2,000 employees at Honda Motor have applied for early retirement, as the Japanese automaker restructures its workforce to gear up to make more electric vehicles. Honda's move is the latest in the trend among automakers to move away from the production and sales of internal combustion engines. Those employees account for around 5% of
- [COVID-19 Variant Disrupts Supply Chain](https://www.powersys.com/2021/08/covid-19-delta-variant-disrupts-supply-network/) - In Southeast Asia, where the delta variant of the COVID-19 is spreading rapidly, business activities are becoming stagnant. In response to government regulations and the rapid increase in the number of infected people, major Japanese companies such as Toyota and Panasonic have suspended production at some of their plants. In addition to the decline in
- [Hyundai Motor and LG Chem To Build $1.1 Billion EV battery Plant in Indonesia](https://www.powersys.com/2021/08/hyundai-motor-and-lg-chem-to-build-1-1-billion-ev-battery-plant-in-indonesia/) - Hyundai Motor and LG Chem have announced they will build a battery plant for EVs in Indonesia. The investment of $1.1 billion will be shared equally. The plant will mass produce batteries in Indonesia, which has the world's largest reserves of nickel, and supply them to Hyundai Motor and Kia's complete vehicle plants around the
- [Power Systems Research Provides Gen-Set Population Data](https://www.powersys.com/2021/09/power-systems-research-provides-gen-set-population-data/) - Populacao-Geradores-2021-PTEN-2Download We can provide you with power gen-set population, companies, engine, gen-set and address Power Systems Research is one of the leading sources of gen-set population data in Brazil. From continuous research of import, export, production and sales of Power Gen Sets in Brazil, studies performed since 2015 PSR could gather valuable information about Power
- [Sony Joins Komatsu's DX Alliance](https://www.powersys.com/2021/07/sony-joins-komatsus-dx-alliance/) - On July 1, Komatsu launched EARTHBRAIN, a new company for the digital transformation (DX) of construction sites. The new company will provide services that will lead to significant cost improvements by digitizing and analyzing data from construction sites. The parent company of the new company is LandLog, an IoT (Internet of Things) open platform company
- [South Korea's SK and LG to Build EV Battery Plant in the U.S. Joint Venture in the Gap between U.S.-China Conflict](https://www.powersys.com/2021/07/south-koreas-sk-and-lg-to-build-ev-battery-plant-in-the-u-s-joint-venture-in-the-gap-between-u-s-china-conflict/) - South Korean automotive battery giants are moving into the U.S. market, with SK Innovation teaming up with Ford and LG Chemical with GM to promote the construction of an automotive battery plant. SK plans to invest about 300 billion yen in the plant to produce 22 gigawatt-hours of automotive batteries, enough to power 220,000 EVs
- [Sany Challenges Komatsu's Grip on Indonesian Construction Machinery Market](https://www.powersys.com/2021/07/sany-challenges-komatsus-grip-on-indonesian-construction-machinery-market/) - The battle between major Japanese and Chinese construction machinery companies is intensifying in Indonesia. As the growth of the Chinese market slows, China's Sanichi Heavy Industries is accelerating its overseas expansion in search of new sources of revenue. Komatsu, which has a stronghold in Southeast Asia, is responding by introducing mid-priced machines and expanding its
- [Automechanika Fair Shows CV Parts](https://www.powersys.com/2021/09/automechanika-fair-shows-cv-parts/) - MOSCOW--MIMS, also called Automechanika, is a trade show dedicated to automotive parts and components, automotive electronics and service/repair. The fair was conducted this year at the Moscow Expocenter July 23 to 26. Automechanika is a small local event. However, this year there were about 400 participants from 18 countries. The biggest delegations were from Russia
- [Sales of Agriculture Machines in Russian Increase 50%](https://www.powersys.com/2021/08/sales-of-agriculture-machines-in-russian-increase-50/) - The Russian market for AG machines has increased by 1.5 times during the first six months of this year, reaching 93.9 billion rubles (US$ 1.27 billion). Production volume has increased by 45% to 112.7 billion rubles (US$ 1.54 billion). The largest growth has been in the output of plows, climbing to 1,800 units and AG
- [Czech Republic Develops Electric UAZ Hunter SUV for 3.5 million Rubles](https://www.powersys.com/2021/08/czech-republic-develops-electric-uaz-hunter-suv-for-3-5-million-rubles/) - The regular powertrain in the SUV has been replaced by an AC motor, and inside the car they’ve installed digital panel. The Czech start-up MW Motor has created an electric car based on the UAZ Hunter. Today, the company has begun taking orders for the new vehicle. According to “Tesla Magazine”, prices for “green SUV”
- [KAMAZ Has Started Making Parts for Aurus Cars](https://www.powersys.com/2021/08/kamaz-has-started-making-parts-for-aurus-cars/) - KAMAZ will become a supplier of key parts for luxury Aurus cars. According to the OEM’s press-service, the company has started production of cylinder blocks, block heads and base plates of NAMI-4123 engines used in Aurus models. At the moment, however, we are talking about the development of technological processes, so the parts are produced
- [PM Launches Vehicle Scrappage Policy](https://www.powersys.com/2021/08/pm-launches-vehicle-scrappage-policy/) - Vehicles will not just be scrapped by their age, but also if they are found to be unfit in automated testing. The vehicle scrappage policy will bring in investments of around INR 10,000 crore to set up 450-500 Automated Testing Stations (ATS) and 60-70 Registered Vehicle Scrapping Facilities (RVSF) across the country. Read The Article PSR Analysis:
- [Understanding the Global Chip Shortage](https://www.powersys.com/2021/08/understanding-the-global-chip-shortage/) - Semiconductors help power everything from your phone to your car. Here's what to know about the major supply chain problem. There are chips in nearly everything electric you own, from your phone to your computer to your car. There are even chips in items you wouldn’t expect, such as your washing machine, electric toothbrush, and
- [Komatsu Invests in Production and Service Center in Pará](https://www.powersys.com/2021/08/komatsu-invests-in-production-and-service-center-in-para/) - Since 2020 Komatsu has been investing in Parauapebas, in the state of Pará in Northern Brazil, for a new facility that will provide maintenance for equipment and produce new equipment. The General Manager of the Mining Division for South America, Charles Medeiros says the unit will produce products for all regions in Brazil and for
- [Toyota Suspends Production in Sorocaba, Brazil](https://www.powersys.com/2021/08/toyota-suspends-production-in-sorocaba-brazil/) - Toyota is one of the OEMs least affected by the semiconductor crisis, but it now says production will be suspended for 10 days at its Sorocaba plant. The announcement does not refer specifically to semiconductors and other components and materials may be affecting the production capacity. Source: Valor Read The Article PSR Analysis: The shortage
- [Ford Ends Production of Troller](https://www.powersys.com/2021/08/ford-ends-production-of-troller/) - Even though Ford has announced the end of production of the off-road Troller T4 in Horizonte, Ceará, Brazil, by September 2021, the secretary of industrial development of Ceará says that while Ford is working to sell the productive unit, it wants to keep the brand and the product design as its property. Government of the
- [Most Regions Will Post 20%+ Growth in Truck Production](https://www.powersys.com/2021/08/most-regions-will-post-20-growth-in-truck-production/) - Editor’s Note: This is an updated report from the Q2 2021 Truck Production Index report produced by Chris Fisher and Jim Downey, Vice President-Global Data Products, in July 2021. Question: What is the global truck production picture? What is the outlook? PSR Opinion: Overall, medium and heavy truck demand will finish the year on a
- [How Much Energy Does Bitcoin Consume?](https://www.powersys.com/2021/08/how-much-energy-does-bitcoin-consume/) - Today, Bitcoin consumes as much energy as a small country. This certainly sounds alarming, but the reality is a little more complex. Our clients design and build generators installed for data centers, factories, distribution centers, commercial buildings, office buildings, grocery stores, and banks for emergency backup, peak shaving, or continuous power. Bitcoin miners utilize data
- [Rapid Economic Recovery Puts Pressure on Supply Chain](https://www.powersys.com/2021/08/rapid-economic-recovery-puts-pressure-on-supply-chain/) - After continued positive market trends which started towards the end of 2020, as well as good progress in their initiatives for integration and sustainability, the Finnish quarrying and mining equipment group Metso Outote grew their order intake in the second quarter by 43%. Supported further by a robust recovery fuelled by infrastructure investments in Europe
- [Q2 2021 Truck Production Report](https://www.powersys.com/2021/08/q2-2021-truck-production-report/) - Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 Joe Delmont From Power Systems Research, I'm Joe Delmont, editor of PSR PowerTALK. Today we'll discuss global truck production with Chris Fisher. Chris is Senior Commercial Vehicle Analyst at Power Systems Research. Each quarter, Chris produces the Power Systems Research Truck Production
- [North American Economic Outlook – July 2021](https://www.powersys.com/2021/07/north-american-economic-outlook-july-2021/) - Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, analyzes the North American economic outlook by industry segment. Transcript Welcome to the PowerTALK podcast produced by Power Systems Research. 00:06 Joe Delmont From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK. Today, we'll talk with Yosyf Sheremeta about the economic outlook for
- [Fabio Discusses Electrification of MHV](https://www.powersys.com/2021/07/fabio-discusses-electrification-of-mhv/) - Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 Joe Delmont From Power Systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today we'll talk with Fabio Ferraresi about transportation trends in Brazil, especially as they apply to medium and heavy vehicles. We'll discuss 2021 Brazil production forecasts, and we'll also
- [Sinara May Dismiss 20% of Workers Because of Reduced Orders](https://www.powersys.com/2021/07/sinara-may-dismiss-20-of-workers-because-of-reduced-orders/) - The machine building company “Sinara – Transport machines” (STM), says it may be forced to dismiss 20% of personnel because it has lost most of its orders from Russian Railways for cranes and other railway service machines. Sinara has lost 85% of the orders from Russian Railways for railway service machines. Because of decreasing orders
- [KAMAZ Introduces Hercules Articulated Truck](https://www.powersys.com/2021/07/kamaz-introduces-hercules-articulated-truck/) - The first pictures of the new KAMAZ articulated mining truck have been published, showing a configuration of the truck with a 6x6 chassis. It will compete with the Caterpillar 740 and Volvo A40F. The articulated frame will increase maneuverability and off-road characteristics of the truck. Hercules will be equipped with a hybrid powertrain. The new
- [Russia To Suspend Support of Domestic Auto Industry](https://www.powersys.com/2021/07/russia-to-suspend-support-of-domestic-auto-industry/) - The Russian auto market’s increased demand for new passenger cars has caused inventory shortages, and these shortages have caused Russian authorities to suspend State programs of industry support. In May, for example, the number of the cars sold increased by 2.3 times, compared to same period in 2020. This growth is partly the result of
- [Second FAME II Incentives May Spur EV Demand](https://www.powersys.com/2021/07/second-fame-ii-incentives-may-spur-ev-demand/) - The amendments to the FAME-II electric vehicle policy were rolled out in the last month and manufacturers have lauded the efforts in adopting EV mobility in the country. Source: Financial Express. Read The Article The government partially modified the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II. Further, it has included an
- [Mahindra To Set Up New Plant for Farm Equipment](https://www.powersys.com/2021/05/mahindra-to-set-up-new-plant-for-farm-equipment/) - Mahindra and Mahindra Ltd (M&M), market leader in the Indian tractor industry, is betting on farm equipment because of increasing demand. The decision is greatly influenced by the healthy agricultural output, record sales for tractors and reverse migration since last year. Read The Article PSR Analysis: The company is trying to enter the untapped farm mechanization
- [ENGIE EPS Acquisition May Create Euro-Asian Powerhouse](https://www.powersys.com/2021/07/engie-eps-acquisition-may-create-euro-asian-powerhouse/) - TAIPEI--The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalized and completed in July. The deal, which was announced in April, saw the Italy-headquartered stationary storage and e-mobility solutions subsidiary of French multinational Engie taken over by TCC subsidiary Taiwan Cement Europe Holdings. What both parties get out of
- [Tupy Developing Efficient Hydrogen Powered Engine](https://www.powersys.com/2021/07/tupy-developing-efficient-hydrogen-powered-engine/) - Brazilian Tupy is working with AVL and Westport Fuel Systems to develop a high efficiency ICE powered by Hydrogen, targeting long haul Trucks. Tupy supplies superior materials casting and high precision machining for high pressure injection engines designed and tested by AVL and Westport. First outcomes of the work are expected at the beginning of
- [US$ 22 Billion in Green Hydrogen Projects Planned in Brazil](https://www.powersys.com/2021/07/us-22-billion-in-green-hydrogen-projects-planned-in-brazil/) - From January to June, six Intention Letters to install H2V facilities have been signed by companies and the total of investment involved is around US$ 22 billion. One of the players is the Australian Fortescue, one of the six biggest producers of iron ore in the world. Companies of renewable energy such as the also
- [Chinese Great Wall Acquires Mercedes-Benz Facility in São Paulo](https://www.powersys.com/2021/07/chinese-great-wall-acquires-mercedes-benz-facility-in-sao-paulo/) - Although the acquisition has not been confirmed by the companies, the Journal “O Globo” published a report that an internal communication to Mercedes employees about the deal was released June 25 with technical details of the facility confirming it meets the requirements of the Chinese company. Source: Autoespoerte / O Globo Read The Article PSR
- [HanseYachts Group Reports ‘Exceptional Year’](https://www.powersys.com/2021/07/hanseyachts-group-reports-exceptional-year/) - German boat manufacturer HanseYachts AG has announced preliminary financial results for 2020-2021 that it has described as “exceptional for the company in all respects.” The group, established in 1990, manufactures sailing, motor yachts and luxury sailing, and motor catamarans under the brands Hanse, Dehler, Moody, Privilege, Fjord and Sealine. Boats are produced in Germany and
- [Strong Post-pandemic Growth Expected into 2022-23 for North America](https://www.powersys.com/2021/07/strong-post-pandemic-growth-expected-into-2022-23/) - SUMMARY. After the GDP declined 3.5% last year, the worst performance in almost 75 years, the US economy is set for a strong comeback. There are many reasons to be optimistic about the economy for the next few years, including strong readings of macro-economic factors combined with the economic cycle reset backed by government initiatives
- [Power Systems Research Webinar Series](https://www.powersys.com/2020/12/power-systems-research-partnership-webinar-series/) - Interested in presenting a webinar with Power Systems Research? It could be an effective marketing opportunity for your company if COVID-19 continues to shutdown industry gatherings this year as it did in 2020. Last year, we presented several successful one-hour webinars with the industry association HDMA (Heavy Duty Manufacturers Association) and the UK manufacturer, JCB
- [Listen To New PSR PowerTALK Podcast](https://www.powersys.com/2021/03/listen-to-new-psr-powertalk-podcast/) - Now, you can listen to the leading analysts and editors from Power Systems Research discuss the outlook for powertrain news each Tuesday by region and by targeted industry segments on PSR PowerTALK Podcast. PSR PowerTALK podcasts include Forecasts by PSR analysts, interviews by PSR analysts with industry leaders and production reports on specific applications produced
- [Komatsu and Honda Plan To Jointly Develop Electric Excavator](https://www.powersys.com/2021/06/komatsu-and-honda-plan-to-jointly-develop-electric-excavator/) - Komatsu has announced that it plans to develop an electric excavator in cooperation with Honda and bring the product to the market during FY2021. The two companies will also jointly develop electric excavators up to the 1-ton class and will also collaborate on services such as battery replacement for construction equipment. Source: The Nikkei PSR
- [SK Plans To Develop Hydrogen Base in Ulsan](https://www.powersys.com/2021/06/sk-plans-to-develop-hydrogen-base-in-ulsan/) - South Korea's SK Group has announced plans to build a 140,000 square meter hydrogen fuel base in Ulsan. A liquid hydrogen production plant will be built, and a hydrogen-fueled power plant will also be constructed. With the participation of Lotte Chemical, the project aims to promote the accumulation of hydrogen-related industries in the city. SK
- [GWM Opens Smart factory in Thailand, Renovates GM's Factory](https://www.powersys.com/2021/06/gwm-opens-smart-factory-in-thailand-renovates-gms-factory/) - China's Great Wall Motor (GWM) has announced the official opening of a plant in Thailand. The company acquired the plant from General Motors (GM) in 2020 and has been working to make it smarter by installing advanced AI-based equipment. It is the company's first smart factory to be opened in Southeast Asia. The amount of
- [Renwex-2021 Fair Demonstrates Little Interest in EV Cars](https://www.powersys.com/2021/06/renwex-2021-demonstrates-little-interest-in-ev-cars/) - MOSCOW--Despite the number of COVID-infected people in Moscow increasing since the middle of June, the trade shows have not been affected by the pandemic restrictions. Another fair started 21 June in Moscow Expocenter. It’s Renwex – the fair dedicated to renewable energy and electric transport. The fair is relatively new and small. It took about
- [Rostselmash Starts Building Tractor Plant in Rostov-Don](https://www.powersys.com/2021/06/rostselmash-starts-building-tractor-plant-in-rostov-don/) - Russia’s largest maker of AG machines – Rostselmash Group of Companies – in July 2021 starts construction of a tractor plant located near Rostselmash’s main production site. Rostselmash plans to invest US$ 66 million (5 Bln Rubles). Construction must be completed within two years, and the plant will reach its annual production capacity of 3,000
- [Aurus Car Powered by Hydrogen Created in Russia](https://www.powersys.com/2021/06/aurus-car-powered-by-hydrogen-created-in-russia/) - NAMI (Automorive Research Institute) has developed a prototype Aurus car powered by hydrogen fuel, according to Russian Minister of Industry and Trade Manturov during the launch of mass production of the Aurus Senat model. According to the minister, this is the only project in the world in the premium car segment. The price of base
- [Tonar Shows First Articulated Dump Truck](https://www.powersys.com/2021/06/tonar-shows-first-articulated-dump-truck/) - The development of this truck was conducted with support of the Ministry of Industry and Trade. Ministry subsidized R&D expenses of US$ 800,000 (60 million Rubles). The model, called “Tonar-35” reflects the number of tons of cargo it can lift. It has an Cummins QSZ13 engine of 450hp/2100N.m. As an option, it’s possible to install
- [Second Wave COVID Will Have Limited Impact on India Ag Sector](https://www.powersys.com/2021/06/second-wave-covid-will-have-limited-impact-on-india-ag-sector/) - "COVID-19 cases started spreading in the rural areas with the beginning of the month of May, and agriculture activity in the month of May is bare minimal, particularly land-based activities," says Niti Aayog Member (Agriculture) Ramesh Chand. Read The Article PSR Analysis: The second wave of COVID-19 started spreading in the rural areas in May
- [Taiwan Pushing into Next-Generation EV Battery Development](https://www.powersys.com/2021/06/taiwan-pushing-into-next-generation-ev-battery-development/) - TAIPEI. As electric vehicle (EV) development becomes a global effort, batteries that play a vital role to EVs' cost-performance ratios are a focus to manufacturers with ambitions to expand in the EV market… Taiwan's battery industry may not be backed by well-known brands and abundant natural resources. Nevertheless, a large part of Taiwan-based battery suppliers
- [Rio de Janeiro Plans 100% Electric Buses by 2050](https://www.powersys.com/2021/06/rio-de-janeiro-plans-100-electric-buses-by-2050/) - The Mayor of Rio de Janeiro has announced a package of alternative power measures and goals with two important milestones for 2030 and 2050. Here are the main goals affecting the mobility and transportation industry: 2030 Replace 20% of Public Service of Bus Transportation by Zero Emission Vehicles. Reduce by 10% the average time of
- [Protests Affect Columbia Vehicles Market](https://www.powersys.com/2021/06/protests-affect-columbia-vehicles-market/) - Sales of vehicles in Colombia were affected by protests and roadblocks in May. Because of the protest, dealers were closed and vehicles are blocked at the ports of Cartagena and Barranquilla. Even with the reduction from April to May, when 14,700 units were sold, below the 18,000 in April, the YTD result in 2021 is
- [Goods Transported in Brazil Increases in 2021](https://www.powersys.com/2021/06/goods-transported-in-brazil-increases-in-2021/) - From January to April, the amount of total of goods transported in Brazil was R$ 2.9 trillion, while in the same period of 2020 it was R$ 2.1 trillion, an increase of 39%. This metric is used as a baromometer for the Brazilian economy. Source: M&T Read The Article PSR Analysis: This result is aligned
- [Mercedes Grows in EV Bus Market](https://www.powersys.com/2021/06/mercedes-grows-in-ev-bus-market/) - While smaller players are struggling to remain competitive in the EV bus space, Mercedes-Benz is targeting more clients and more volumes. Mercedes-Benz has handed over one eCitaro G electric articulated bus with solid-state batteries each to Hamburger Hochbahn and Verkehrsbetriebe Hamburg-Holstein. The two new electric articulated buses each have seven battery packs with solid electrolyte
- [Hydrogen Fuel Cell Truck Happenings in Europe](https://www.powersys.com/2021/06/hydrogen-fuel-cell-truck-happenings-in-europe/) - 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,
- [CTT Bauma Moscow Shows Growing Optimism in Russian Construction Market](https://www.powersys.com/2021/06/ctt-bauma-moscow-shows-growing-optimism-in-russian-construction-market/) - The CTT Bauma trade show is main event of construction industry in Russia. Since 2017 it’s owned and operated by Messe Munich. The show was conducted this year in Moscow May 25-28 in its usual place, the Crocus Expocenter. Last year, the fair was off because of the COVID pandemic, but this year we saw
- [Components Overview (PSR Databases 2)](https://www.powersys.com/2021/06/components-overview-psr-databases-2/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont: From Power Systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today, we're talking with Joe Zirnhelt about PSR’s database offerings and how clients use them to grow their markets. Last time, Joe discussed the main features of PSR databases.
- [PSR Database Basics](https://www.powersys.com/2021/06/psr-database-basics/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont: From Power Systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today, we're talking with Joe Zirnhelt about PSR’s database offerings and how their clients use them to grow their markets. In the next episode, we'll talk about some examples
- [New System To Be Established for Rating of Ship Fuel Efficiency](https://www.powersys.com/2021/05/new-system-to-be-established-for-rating-of-ship-fuel-efficiency/) - A new international system for rating the fuel efficiency of ocean-going vessels will be established under Japanese leadership, it has been announced. A draft amendment to the relevant treaty will be adopted at an international conference in June, and the system is expected to be introduced in 2023. The fuel efficiency rating system will be
- [Komatsu Unveils Concept of Fully Electric Compact Excavator](https://www.powersys.com/2021/05/komatsu-unveils-concept-of-fully-electric-compact-excavator/) - On May 13, Komatsu announced that it had developed a fully electric compact excavator equipped with lithium-ion batteries. This is Komatsu's first excavator that does not use cylinders or other hydraulic equipment in the drive unit. In addition to emitting no exhaust gas, the new excavator can be operated remotely and can be used in
- [Vinfast Begins Taking Orders for EVs](https://www.powersys.com/2021/05/vinfast-begins-taking-orders-for-evs/) - Vinfast, an emerging Vietnamese automaker, has started taking orders for its first EV, the VFe34. The VFe34, a C-segment SUV crossover type, uses a 42kWh battery and can travel 300km on a full charge. The domestic sales price is VND 690 million(about 3.31 million yen). The battery will be provided on a subscription basis (fixed
- [Doosan To Produce Hydrogen from Waste Plastic](https://www.powersys.com/2021/05/doosan-to-produce-hydrogen-from-waste-plastic/) - Doosan Heavy Industries & Construction (DHIC) announced on May 6 that it has signed a memorandum of understanding (MOU) with Libotec, which has a continuous pyrolysis technology for waste plastics, to develop hydrogen production technology using waste plastics. Libotec will produce gas from waste plastic through continuous pyrolysis, while Doosan Heavy Industries will be in
- [Fabio discusses YTD Ag Equipment Outlook 2021](https://www.powersys.com/2021/05/fabio-discusses-ytd-ag-equipment-outlook-2021/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont: From Power Systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today we're talking with Fabio Ferraresi about the outlook for ag equipment production in Brazil. Fabio directs our business development efforts in South America. Fabio, you and your team
- [Q1 2021 PowerTracker Summary](https://www.powersys.com/2021/06/q1-2021-powertracker-summary/) - Transcript Welcome to the PSR Power Talk podcast, produced by Power Systems Research. From Power Systems Research I am Joe Zirnhelt. And in today's PowerTALK podcast we will discuss results from the first quarter of 2021 based on our ongoing PowerTracker survey. 00:17 First, a brief background and our PowerTracker survey. Since 1998, Power Systems
- [NA Gen-Set Sales Climb in Q4 2020](https://www.powersys.com/2021/02/na-gen-set-sales-climb-in-q4-2020/) - SUMMARY: Our PowerTrackerTM dealer and distributor survey of 200 respondents reported that overall gen-set sales continued a positive trend in Q4 2020 up 6.3% from Q3 2020 levels. Sales gains could have been even higher because dealers ran out of inventory. This increase follows a slow start to the year in Q1 2020 where overall
- [VWCO Exports Grow 130% in First 4 Months of 2021](https://www.powersys.com/2021/05/vwco-exports-grow-130-in-first-4-months-of-2021/) - VWCO reported exports of 2527 trucks and buses from January to April 2021, versus 1084 units in the same period of 2020. Most of the growth came during April; the month was very negatively affected by the pandemic in 2020. Source: Automotive Business Read The Article PSR Analysis: As with other OEMs, the export volumes
- [Bus Fleets Convert To Zero Emission Vehicles](https://www.powersys.com/2020/10/bus-fleets-convert-to-zero-emission-vehicles/) - Many cities and states have committed to full adoption of their transit bus fleets to zero-emission vehicles by 2040.
- [Small Engines Placing Big Demands on Lubes](https://www.powersys.com/2017/04/small-engines-placing-big-demands-on-lubes/) - COMPOUNDINGS Magazine: April 2017 Market ReportDownload This article appeared in the April 2017 issue of Compoundings Magazine, published by ILMA (Independent Lubricant Manufacturers Association) Recently, off-road industrial and recreational vehicle engines have become increasingly larger and higher performing. The result is a demand for these once smaller engines in increasingly difficult situations, and performance demands
- [GAZ Increased LCV Production by 19% in Q1 2021](https://www.powersys.com/2021/05/gaz-increased-lcv-production-by-19-in-q1-2021/) - The GAZ plant in Nizhny Novgorod has made 11,300 LCVs in Q1 2021, according to the Trade Ministry of Russia. That’s 18.7% higher than the same period of last year. HD truck production by the GAZ Group increased by 29% in Q1 2021, from 1,700 to 2,200 units. In total, according to the Russian Statistic
- [Russian AG Machinery Exports Double in Q1 2021](https://www.powersys.com/2021/05/russian-ag-machinery-exports-double-in-q1-2021/) - Exports of Russian AG machines more than doubled in Q1 2021 versus the same period in 2020; exports have reached US$ 53 million (3.9 billion rubles). Rosspetsmash, the Russian Association of Manufacturers, notes that Russian OEMs showed record high figures for 2020, reaching US$ 214 million (15.9 billion rubles). For Q1 2021, Russian AG machines
- [Parched Taiwan Prays for Rain as Sun Moon Lake Hit by Drought](https://www.powersys.com/2021/05/parched-taiwan-prays-for-rain-as-sun-moon-lake-hit-by-drought/) - TAIWAN — Taiwan’s Sun Moon Lake is so low that parts of it have dried and turned to grass. Jetties that normally float are sprawled awkwardly on dry land, and tour boats are crowded at the tail ends of pontoons still in the water. Usually one of the island’s most famous tourist destinations, the lake
- [Müller Launches Rigid Off-Highway Truck MDT430 in Brazil](https://www.powersys.com/2021/05/muller-launches-rigid-off-highway-truck-mdt430-in-brazil-2/) - The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission. Source: M&T Read The Article PSR Analysis: Whether
- [GM Announces LCV To Be Produced in Brazil](https://www.powersys.com/2021/05/gm-announces-lcv-to-be-produced-in-brazil/) - This pickup truck will be produced at the São Caetano plant using the GEM platform, the leader in the compact car segment with Chevrolet Onyx. This vehicle will be smaller than the GM S-10, produced in São José dos Campos, Brazil, and bigger than the old Montana. It should compete with Fiat Toro, leader in
- [Müller Launches Rigid Off-Highway Truck MDT430 in Brazil](https://www.powersys.com/2021/05/muller-launches-rigid-off-highway-truck-mdt430-in-brazil/) - The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission. Source: M&T Read The Article PSR Analysis: Whether
- [Continental Wins First Order for CV High-Performance Computer](https://www.powersys.com/2021/05/continental-wins-first-order-for-cv-high-performance-computer/) - Frankfurt, Germany--For the first time, Continental has won an order to supply the commercial vehicle sector with telematics units that include high-performance computers. This means that the technology company now also offers a solution that can master the increasing requirements for connectivity, complexity and functional scope in trucks. Continental will use its telematics know-how –
- [European EV Buses Under Pressure](https://www.powersys.com/2021/05/european-ev-buses-already-under-pressure/) - After three years, Alstom is halting their EV bus production. By the end of 2021, the production lines will be stopped, and unless a buyer will take over, most of the operations will be shut down. Twenty employees will remain active to assure maintenance for the existing vehicles in operations with RATP. Just two years
- [Powersports Recreational Equipment Update](https://www.powersys.com/2021/05/powersports-recreational-equipment-update/) - EDITOR’S NOTE. Power Systems Research tracks the global trends powersports recreational equipment, especially the electrification of these units. This is one of a series of reports on these trends. HARLEY-DAVIDSON LAUNCHES LIVEWIRE. Harley-Davidson has announced the launch of LiveWire as an all-electric motorcycle brand. With LiveWire, H-D hopes to redefine electric, delivering a better experience
- [Forecast: Component Shortages and Supply Chain Disruptions](https://www.powersys.com/2021/05/forecast-component-shortages-and-supply-chain-disruptions/) - Since the latter part of last year, North American heavy commercial truck orders have been extremely strong as freight rates remain very high. Both contract rates and spot rates are in record territory, primarily driven by consumer spending, a strong housing market and an improving manufacturing sector. The anticipation of the stimulus spending and increasing
- [Enhancements Made in MHV Segment Data](https://www.powersys.com/2021/05/enhancements-made-in-mhv-segment-data/) - As we move through the 2021 year, we at Power Systems Research are working to include enhancements within the data for our Medium and Heavy Vehicles segment that is available in OE Link™, CV Link™ and PartsLink™. We have added several new fields to increase the value of the data to users as they analyze
- [Thuy Trinh Nguyen Wins $2,000 Scholarship from Power Systems Research](https://www.powersys.com/2021/05/thuy-trinh-nguyen-wins-psr-2000-scholarship/) - Thuy Trinh Nguyen, a senior at Eagan High School, Eagan, Minnesota, is the recipient of the 2021 Power Systems Research $2,000 academic scholarship. This scholarship is awarded to a student who will be attending a four-year college with a career objective in Science, Technology, Engineering or Mathematics. She will use the scholarship to study biology
- [Russia Economic Outlook - April 2021](https://www.powersys.com/2021/05/russia-economic-outlook-april-2021/) - Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q1 2021 economic outlook for Russia in this episode of PSR PowerTALK. Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Emiliano Marzoli: From Power Systems Research, hello everyone. I'm Emiliano Marzoli, editor of PSR PowerTALK, and today I will discuss
- [Power Systems Research Forecasts 13% Rebound in Mining Equipment Production in 2021](https://www.powersys.com/2021/05/mining-equipment-production/) - Jim Downey talks with Sarah Jensen from OEM Off-Highway for their OEM Industry Update podcast. We present it here with their permission. On this week’s episode of OEM Industry Update, we spoke with Jim Downey, Vice President-Global Data Products, Power Systems Research, about the current state of the North American mining equipment market. He says
- [Q1 2021 Truck Production Report](https://www.powersys.com/2021/05/q1-2021-truck-production-report/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont: From Power systems Research I'm Joe Delmont, editor of PSR PowerTALK. Today we'll discuss global truck production with Chris Fisher, PSR, senior commercial vehicle analyst. Chris, you produce a report of global truck production each quarter. Tell us how you
- [Japanese OEMs Agree on Battery Specs for Electric Motorcycles](https://www.powersys.com/2021/04/japanese-oems-agree-on-battery-specs-for-electric-motorcycles/) - Four Japanese motorcycle manufacturers, Honda, Yamaha, Suzuki and Kawasaki, said they have agreed to share the same battery specifications for electric motorcycles. By sharing the same removable replacement battery, they will increase convenience. The battery charger to be developed in the future will also be standardized. For small scooters, it is difficult to increase the
- [Hyundai Group Seals Doosan Infracore Deal](https://www.powersys.com/2021/04/hyundai-group-seals-doosan-infracore-deal/) - Media outlets in Korea are reporting that Hyundai Heavy Industries is to acquire a 34.97% share in Doosan Infracore from Doosan Heavy Industries & Construction for €630 million (Korean Won 850 billion). Doosan Infracore is the heavy construction division of the Seoul-headquartered Doosan Group. The transaction does not include Doosan Bobcat, which accounted for 57%
- [China-led Proton Is Revitalized](https://www.powersys.com/2021/04/china-led-proton-is-revitalized/) - Sales of Malaysia's national carmaker Proton are booming, with its market share in the country reaching 27.3 % in February, hot on the heels of another national carmaker, Produa's 38.8 %. This is not a single month irregularity; for the full year 2020, the rate is 20.5%. For the full year 2020, the share is
- [Pandemic Reduces Moscow 2021 Oil and Gas Show](https://www.powersys.com/2021/05/pandemic-reduces-moscow-2021-oil-and-gas-show/) - MOSCOW--The recently-completed Neftegaz (the International Exhibition for Equipment and Technologies for Oil and Gas Industries) trade show held at the Moscow Expocenter was smaller than in the past. This fair is conducted every two years and is a largest local event in the oil and gas industry. This year's fair was held April 26-29. It’s
- [European Economic Outlook, April 2021](https://www.powersys.com/2021/04/european-economic-outlook-april-2021/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Emiliano Marzoli: From Power Systems Research, hello, I am Emiliano Marzoli, editor of PSR PowerTALK. And today we're going to discuss the economic outlook for Europe with Christopher Bamforth, our European Market Analyst. 00:22 Christopher Bamforth: Hello Emiliano, uh, thanks for having
- [Q4 2020 North American Gen-Set Outlook](https://www.powersys.com/2021/03/q4-2020-north-american-gen-set-outlook/) - The Q4 2020 PSR PowerTracker survey provides information on North American gen-set sales from manufacturers, consumers and retailers. Joe Zirnhelt, Power Systems Research, President and CEO, provides the analysis. Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Zirnhelt: From Power Systems Research, I am Joe Zirnhelt. In today's PowerTALK podcast
- [North American Economic Outlook – March 2021](https://www.powersys.com/2021/03/north-american-economic-outlook-march-2021/) - Yosyf Sheremeta, PhD, Dir. of Prod. Mgt. & Customer Experience, analyzes the North American economic outlook with special emphasis on the Administration’s efforts to control emissions. Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Jim Downey: Good morning and welcome to this podcast by Power Systems Research. Today we'll be
- [Power Systems Research Sees Strong Commercial Vehicle Demand Continuing](https://www.powersys.com/2021/03/power-systems-research-sees-strong-commercial-vehicle-demand-continuing/) - OEM Off-Highway recently interviewed Power Systems' Chris Fisher for their OEM Industry Update podcast. Here we present it with their permission This week on OEM Industry Update we speak with Chris Fisher, Senior Commercial Vehicle Analyst, Power Systems Research, about the current state of the North American commercial vehicle market. He says truck demand continues
- [North American Economic Outlook – April 2021](https://www.powersys.com/2021/04/north-american-economic-outlook-april-2021/) - In this episode of PSR PowerTALK, Yosyf Sheremeta, PhD, Dir. of Prod. Mgt. & Customer Experience, discusses why the North American economy could post record growth of more than 6% in 2021. Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. 00:06 Joe Delmont: From Power systems Research I'm Joe Delmont, editor
- [PSR Partners With HDMA In Webinar](https://www.powersys.com/2021/04/psr-partners-with-hdma-in-webinar/) - Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. When? Wednesday, April 21, 2021 from 1:00 - 2:00 pm ET
- [Rosatom Eyes Battery Production for Electric Cars in 2025](https://www.powersys.com/2021/04/rosatom-eyes-battery-production-for-electric-cars-in-2025/) - OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company. According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr The batteries will
- [Uralmash Sets Deal of US$ 322 Million with India](https://www.powersys.com/2021/04/uralmash-plant-sets-deal-of-us-322-million-with-india/) - Uralmash (a subsidiary of UZTM-Kartex) has signed its largest deal in the last 30 years. UZTM-Kartex and Coal India Ltd Binay Dayal have signed a contract totaling US$ 322 million for walking excavators, according to the company. Under the contract, the Uralmash plant will deliver five electric-powered walking excavators of increased power – ESH24.95 and
- [Sales of Russian GAZ Trucks Started in Australia](https://www.powersys.com/2021/04/sales-of-russian-gaz-trucks-started-in-australia/) - Local dealers have received all-terrain trucks Sadko Next built especially for the local market with altered steering wheel and pedals and with different optics. The AAV company from Brisbane has become a distributor of GAZ. The model has been introduced in local market under the name GAZ Track Master 4x4. Tech specs of the Australian
- [KAMAZ Net Profit Exceeds US$ 20 Million](https://www.powersys.com/2021/04/kamaz-net-profit-exceeds-us-20-million/) - KAMAZ has reported a net profit of (more than US$ 20 million (1545 million Rubles) for 2020. KAMAZ reported revenue for 2020 of US$ 2.47 billion (185.8 billion Rubles), an increase of more than 16% over 2019. This growth is based on domestic truck sales, the introduction of the K5 range, and an increase in
- [India Government Announces Scrappage Policy](https://www.powersys.com/2021/04/india-government-announces-scrappage-policy/) - The central government in mid-April announced its long-awaited vehicle scrappage policy. Under the new policy, in case of failure to get a fitness certificate, commercial vehicles will be de-registered after 15 years. Private vehicles will be de-registered after 20 years if found unfit or in case of a failure to renew registration certificates Read The
- [Brazil OEMs Forecast CE Sales Growth of 20% in 2021](https://www.powersys.com/2021/04/brazil-oems-forecast-ce-sales-growth-of-20-in-2021/) - Volvo CE and Case Construction are aligned to affirm CE sales in Brazil will grow 20% in 2021 despite of the effects of the pandemic. With 18% growth of sales in Q1 2021 over the same quarter of 2020, CE executives are optimistic about full year sales. Source: M&T Read The Article PSR Analysis: First
- [Argentina Forces OEMs and Supply Chain To Produce at Full Capacity](https://www.powersys.com/2021/04/argentina-forces-oems-and-supply-chain-to-produce-at-full-capacity/) - In an effort to reduce the domestic economic impact of the pandemic, the Argentinian government has published an order that makes all industry with annual revenue above US$ 41 Million to produce at full capacity. If not, they will be fined. Source: Automotive Business Read The Article PSR Analysis: As the Argentinian government sees a
- [MWM Launches Family of NG Engines](https://www.powersys.com/2021/04/mwm-launches-family-of-ng-engines/) - MWM Engines and Power Gen, part of the Navistar group, has announced the launch of a new line of Acteon Engines powered by Natural Gas. The engine family has been developed in Brazil and features 4 cylinders and 6 cylinders with 4.8L and 7.2L displacement. Source: Automotive Business Read The Article PSR Analysis: With this
- [MAN Marine Engines Certified To Operate Globally](https://www.powersys.com/2021/04/man-marine-engines-certified-to-operate-globally/) - MAN Energy Solutions, one of the leading marine engine manufacturers in the range between 730 and 2000 hp (5370 to 1397 kW), says that all of its engines now comply to the globally required major current emissions standards. All engine models from i8-730 to V12-2000 are certified with the US EPA Tier III, the EU
- [NA Powersports EV Update](https://www.powersys.com/2021/04/na-powersports-ev-update/) - Read the complete report in April PowerTALK™ News EDITOR’S NOTE. Power Systems Research tracks the global trend of electrification of industrial equipment. This is one of a series of reports on these trends. Polaris INDUSTRIES, Minneapolis, is planning to debut a new electric Ranger utility side-by-side in December 2021. The Ranger will be the first
- [Fastest NA Economic Growth Expected Since 1980s](https://www.powersys.com/2021/04/fastest-na-economic-growth-is-expected-since-1980s/) - Read the complete report in April PowerTALK™ News. (April 1, 2021)--After the GDP declined 3.5% last year, the worst performance in almost 75 years, the US economy is set for a strong comeback. In fact, we could see GDP growth exceeding 6% this year. There are many reasons to be optimistic about 2021. Strong readings
- [Mining World Moscow 2021 Reopens Without Major Exhibitors](https://www.powersys.com/2021/04/mining-world-moscow-2021-reopens-without-major-exhibitors/) - MOSCOW (April 21, 2021)--After only a seven-month break, the Mining World Russia trade show has started again, without many major exhibitors. The last Mining World event was conducted in October 2020. This year's fair started April 20 in the same place – the Crocus Expo Center Moscow. There were no significant changes since the last
- [Brazil MHV Production Outlook Webinar, March 17, 2021, Sponsored by ABM](https://www.powersys.com/2021/03/brazil-mhv-production-outlook-march-2021/) - Transcript Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. Today Fabio Ferraresi, Director of Business Development, South America and Carlos Briganti, Managing Director, South America, will discuss the outlook for medium and heavy vehicles in Brazil. 00:17 Fabio Ferraresi Hey, hello Carlos. Welcome. Nice speaking with you today for our podcast. 00:23
- [Chris Fisher Truck News - February 2021](https://www.powersys.com/2021/02/chris-fisher-truck-news-february-2021/) - In this episode of the PSR PowerTALK Podcast Chris Fisher, Power Systems' Senior Commercial Vehicle Analyst, discusses the Q4 2020 global production facts and related forecasts for medium and heavy trucks. Transcript Welcome to PowerTALK Truck podcast February 2021. Produced by Power Systems Research, the leading supplier of global production data and forecasts to the
- [PowerTALK™ News, February 2021](https://www.powersys.com/2021/02/powertalk-news-february-2021/) - Chris Fisher, senior commercial vehicle analyst at Power Systems Research, provides a forecast in the February 2021 issue of PowerTALK™ News for MHV. Here are more articles in this issue: North America: Electric Motorcycles DataPoint: Global Snowmobiles Europe: Volvo Penta Plans Zero Emissions South America: Brazil Vehicle Exports Up 22% Taiwan: Innovation Powers Gorgoro Network Japan: Honda
- [Coronavirus Has Major Impact on Global Production of  Off-Highway Equipment and Medium & Heavy-Duty Vehicles](https://www.powersys.com/2020/04/covid-19-webinar-the-impact-of-coronavirus-on-global-engine-production/) - The global impact of the Coronavirus and its effects on production for Off-Highway Equipment and Medium & Heavy Vehicles in NA, Europe, Asia, India, and SA.
- [COVID-19 2020 North American Impact: Ag, -12%, Construction, -14%](https://www.powersys.com/2020/06/covid-19-2020-impactag-12-construction-14/) - HDMA-PSR COVID Webinar Presentation COVID-19 continues to batter production of off-highway equipment as we continue to move through 2020. The effects of the virus on Agricultural and Construction equipment production in North America were analyzed in a June 17 webinar presented by the Heavy Duty Manufacturers Association (HDMA) and Power Systems Research (PSR). The webinar
- [MotorIndia Sponsors Commercial Vehicle Webinar](https://www.powersys.com/2020/07/motorindia-sponsors-commercial-vehicle-webinar/) - Jinal Shah, Power Systems Research India regional executive, moderates panel.
- [COVID-19 Webinar Scheduled With HDMA](https://www.powersys.com/2020/05/covid-19-webinar-scheduled-with-hdma/) - Power Systems Research will present a webinar with the Heavy Duty Manufacturers Association examining the impact of COVID-19 on Agriculture and Construction in NA.
- [HDMA Presents Pulse Webinar with PSR](https://www.powersys.com/2020/10/hdma-presents-pulse-webinar-with-psr/) - Providing 2021 Forecast on Global Production of Commercial Vehicles Power Systems Research will produce a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) providing the outlook for commercial vehicle production in North America and Europe during Q4 2020 and 2021. Hope you can participate. During the session, we’ll present important information that updates the
- [HDMA-PSR Webinar Report](https://www.powersys.com/2020/10/hdma-psr-webinar-report/) - On Oct. 14, 2020, Power Systems Research produced a one-hour webinar with HDMA that looked at commercial vehicle production in NA and Europe in Q4 2020 and 2021.
- [Komatsu Targets CO2 Zero Emissions by 2050](https://www.powersys.com/2021/03/komatsu-targets-co2-zero-emissions-by-2050/) - Komatsu is aiming to reduce its CO2 emissions to virtually zero by 2050. The goal is to reduce CO2 emissions to zero not only from its own production of construction equipment, but also from the use of construction equipment by its customers. The company aims to achieve this goal by promoting the electrification of construction
- [Doosan Infracore Unveils Wheel Loader with “Transparent Bucket”](https://www.powersys.com/2021/03/doosan-infracore-unveils-wheel-loader-with-transparent-bucket/) - Doosan Infracore announced in March that it had introduced the industry’s first wheel loader with a “transparent bucket” function. The transparent bucket is a system that allows the wheel loader driver to see even blind spots in front of the bucket through the monitor in the cockpit. The innovative system records images in front of
- [China and South Korea Increase Investment in Indonesia](https://www.powersys.com/2021/03/china-and-south-korea-increase-investment-in-indonesia/) - China and South Korea are increasing their investments in Indonesia. According to BKPM (Indonesia's Investment Coordination Agency), China (including Hong Kong) accounted for $8.4 billion in foreign direct investment (FDI) in 2020, up 11% from the previous year, and South Korea accounted for $1.8 billion, up 64%. Japan, which has been the driving force behind
- [Production of Diesel Engines Started in Kaluga](https://www.powersys.com/2021/03/production-of-diesel-engines-started-in-kaluga/) - PSMA Rus plant, located in Kaluga, Russia, has made first testing sample of ned DV6 motor. First engine was produced in February. Engine production in the plant was set according to obligations for product localization, written in the contract with Russian government. Turbocharged DV6-EL engines have 1,6-liter volume. They will be set to LCV models,
- [Norway May Block Acquisition of Bergen Engines Plant](https://www.powersys.com/2021/03/norway-may-block-acquisition-of-bergen-engines-plant/) - The Department of National Security of Norway may block the purchase of engine OEM Bergen Engines belonging to Rolls-Royce by Russian Transmash-Holding. According to Justice Minister of Norway Monica Melan, the acquisition may be a threat to national security. The deal is estimated at €150 million. According to the minister, it’s necessary to suspend a
- [KAMAZ JV Will Invest in Mass Production of Equipment](https://www.powersys.com/2021/03/kamaz-jv-will-invest-in-mass-production-of-equipment/) - The joint venture of KAMAZ and ZF Friedrichshafen AG is going to establish mass production of 12-speed automated gearboxes Traxon for trucks, buses and special machines with 44-80 ton capacity. At the moment, the JV is offering mechanical transmissions only. According to the plan, the production of gearboxes will be localized on 24%, power steering,
- [Semiconductor Shortage Restricts Growth of Indian Auto Industry](https://www.powersys.com/2021/03/semiconductor-shortage-restricts-growth-of-indian-auto-industry/) - As the industry is coming out from the COVID impact, its growth is hurt by a shortage of semiconductors. Many OEMs have revised the production plans downward due to this shortage. We anticipate the shortage of semiconductors will exist for the next 4-5 months. Though it will hamper monthly production, it will have only a
- [Beijing Accelerates “Fuel for Battery” Policy](https://www.powersys.com/2021/03/beijing-accelerates-fuel-for-battery-policy/) - The Beijing Municipal Commission of Transport in February issued an action plan describing how to switch out IC-powered light commercial vehicles in urban areas. The city government will subsidize fleet companies switching out 20 gasoline or diesel powered vehicles to battery-powered cargo vehicles one time before Aug. 31, 2021. The government will issue city passes
- [Corolla Cross Produced in Brazil To Be Exported to 22 Countries](https://www.powersys.com/2021/03/corolla-cross-produced-in-brazil-to-be-exported-to-22-countries/) - The new medium Toyota SUV produced in Indaiatuba-SP started production in March. Sales in Brazil were expected to start by March 25, but exports have already started. Currently, the Corolla sedan is exported to only five countries, but the new SUV will be sent to 22 countries across Latin America. However, exporting overseas seems unlikely
- [Jacto Announces New Plant in Brazil](https://www.powersys.com/2021/03/jacto-announces-new-plant-in-brazil/) - Jacto has announced a new 96,000 m2 plant that it will build by 2023 in Pompeia-SP – Brazil, the same location where most of its operations are already located. Fernando Gonçalves Neto, Jacto President, says the new and modern facility will sustain forecasted growth for several years. Source: M&T Magazine Read The Article PSR Analysis:
- [Foton Announces Electric Truck in Brazil](https://www.powersys.com/2021/03/foton-announces-electric-truck-in-brazil/) - After adding 28 Ford dealers to bring its dealer total in Brazil to 38 dealers, the Chinese giant is preparing to introduce an EV to i its new lineup in H2 2021. It plans to add trucks in the 17 ton – 24 ton range for 2022, the most popular in Brazil. In addition to
- [100% Green Hydrogen Powered Ferry Planned by 2027](https://www.powersys.com/2021/03/100-green-hydrogen-powered-ferry-planned-by-2027/) - The European Union’s private and public sectors are working hard on developing projects that could accelerate the transition from the fossil fuel powered to the zero-emission shipping. One of the leading joint efforts is the project created by Danish ferry operator DFDS, Swiss-Sweden giant ABB, Danish fuel cell manufacturer Ballard Power Systems Europe, the global
- [Tesla Proposes Investment in Indonesia to Promote EV Industry](https://www.powersys.com/2021/02/tesla-proposes-investment-in-indonesia-to-promote-ev-industry/) - The Indonesian government announced on Feb. 5 that it had received an investment proposal from Tesla. The country is the world's largest producer of nickel, which is essential for the production of batteries for EVs. In order to promote the EV and battery related industries, Indonesia had invited Tesla to invest in the country. Details
- [Hyundai To Custom Design EVs for each Customer](https://www.powersys.com/2021/02/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
- [Honda Launches Electric Bike for Business](https://www.powersys.com/2021/02/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
- [Haval Recalls All F7 and F7x Cars](https://www.powersys.com/2021/02/haval-recalls-all-f7-and-f7x-cars/) - Haval Motor Manufacturing has recalled 16,075 cars F7/F7x, sold from May 2019 until January 2021. This affects about all the cars in the market. A fuel system problem in some cars in low temperatures has caused several cars to catch fire in cold weather. Read The Article PSR Analysis: The recall campaign relates to all
- [KAMAZ Intends To Double Production of Electric Powered Buses](https://www.powersys.com/2021/02/kamaz-intends-to-double-production-of-electric-powered-buses/) - In 2020, NEFAZ, a subsidiary of KAMAZ, made 202 electric buses. In 2021, it plans to double the production of this innovative transport. Today, in Moscow has 400 working KAMAZ electric buses, half of which were supplied during 2020. “We can make machine, which became tech leader on domestic market. We could enter Moscow passenger
- [Transmash-Holding Purchases Rolls-Royce Plant in Norway](https://www.powersys.com/2021/02/transmash-holding-purchases-rolls-royce-plant-in-norway/) - TMH-international, the international division of TMX, has agreed to purchase the British Rolls-Royce Group engine plant in Bergen, Norway. The plant makes Bergen diesel and natural gas engines. Bergen includes metal processing, assembling, precise casting, repair workshops, design bureau and service network in seven countries. With the purchase of Bergen Engines, TMH international is considering
- [Union Budget 2021 Misses Mark for Autos](https://www.powersys.com/2021/02/union-budget-2021-misses-mark-for-autos/) - The Union Budget 2021 is very important since it comes during an unprecedented pandemic. The most significant pain points of the economy are the lack of demand and liquidity. The shrinking market's impact and the weak demand is evident after the Economic Survey said that the country would experience a current account surplus for the

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## Reports

- [PowerTALK™, July 2026](https://www.powersys.com/reports/powertalk-july-2026/) - In the July 2026 issue of PowerTALK News you can read articles about the Q2 2026 Truck Production Report, a new battery that could make larger aircraft possible, expanding Chinese vehicle imports to Brazil, South Korea government's action on AI investments, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT New Battery Could Lead To Big Leaps in
- [Q2 2026 Truck Production Index Climbs 11.3%](https://www.powersys.com/reports/q2-2026-truck-production-index-climbs-11-3/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 115 to 128, or 11.3%, for the three-month period ending June 30, 2026, from Q1 2026. The year-over-year (Q2 2025 to Q2 2026) gain for the PSR-TPI was, 127 to 128, or 0.8%. The PSR-TPI measures truck production globally and across
- [Q2 2026 Truck Production Index (PSR-TPI) climbs 11.3%](https://www.powersys.com/reports/16123/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 115 to 128, or 11.3%, for the three-month period ending June 30, 2026, from Q1 2026. The year-over-year (Q2 2025 to Q2 2026) gain for the PSR-TPI was 127 to 128, or 0.8%. The PSR-TPI measures truck production globally and across
- [North America  2026 Hydroseeders Production](https://www.powersys.com/reports/datapoint-report/) - 4,000 units is the estimate by Power Systems Research of the number Seeders/Hydroseeders expected to be produced in the United States during 2026. Hydroseeding sprays a slurry of seed, water, fertilizer, and mulch to rapidly establish grass. Demand is driven by its massive cost savings (up to 80% cheaper than sod), rapid germination, and superior
- [PowerTALK™, June 2026](https://www.powersys.com/reports/powertalk-june-2026/) - In the June 2026 issue of PowerTALK News you can read articles about Toyota pulling the plug on its Lexus EV, PV equipped vehicles that may produce as much as 80% of needed electricity, endangered European EV investments, 2026 North American ATV production, Chinese CFMoto launching motorcycle production in South America, China stepping up EV production in
- [Alternative Power Report June 2026](https://www.powersys.com/reports/alternative-power-report-june-2026-2/) - The June 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, features articles on European EV investments, Toyota's plans to pull the plug on its Lexus EV, a new battery that has 16-year life, PV equipped vehicles that can provide as much as 80% of needed electricity, and Honda's
- [Alternative Power Report, May 2026](https://www.powersys.com/reports/alternative-power-report-may-2026/) - The May 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, features articles on battery development, critical materials, Kentucky coal and an update on Brazil's electric buses. Read these articles and more in the May 2026 issue of Alternative Power Report today. PSR Guy Youngs is Forecast and Technology Adoption Lead at
- [North America  2026 ATV Production](https://www.powersys.com/reports/north-america-2026-atv-production/) - 232,100 units is the estimate by Power Systems Research of the number of 4-Wheel ATVs expected to be produced in the US and Mexico during 2026. A 4-Wheeled ATV is another term for All Terrain Vehicle. It has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two,
- [PowerTALK March 2018](https://www.powersys.com/reports/powertalk-march-2018/) - Severe Weather, Economy Boost Q4 2017 Gen-Set Sales In this issue of PowerTALK, you'll find PowerTRACKER North American gen-set survey report as well as news and analysis about these Top Stories: PSR Marine Database Expanded Data Point: A new feature 2018 Moscow Boat Show Report India Shifts EV Program Hyundai May Build Engine Plant in
- [PowerTALK February 2018](https://www.powersys.com/reports/powertalk-february-2018/) - AI Techniques Advance Quickly In this issue of PowerTALK, John Krzesicki, PSR Business Development Manager, reports on 2018 Annual Automotive Industry Outlook Conference. SUMMARY. Recent applications of digital technology combined with automotive industry expertise have produced impressive advancements in Advanced Driver Assistance Systems (ADAS) and Automated Driving Systems (ADS). The increasing use of powerful artificial
- [PowerTALK January 2018](https://www.powersys.com/reports/powertalk-january-2018/) - Global Truck Production Climbs 8.6% Global truck production climbed 8.6% climbed for the 12 month period ended Dec. 31, 2017, according to Power Systems Research (PSR). The outlook for global truck production in class 4-8 looks very promising for 2018, as the strong growth pattern established in 2017 continues. Other Top Stories in this issue
- [Truck Production Climbs in 2Q 2017](https://www.powersys.com/reports/tpi-2q-2017/) - Global economy is mixed, but the overall trend for economic growth is positive and bodes well for commercial vehicle demand. Truck production climbs in 2Q 2017
- [Q3 2017 Power Systems Research Truck Production Index (PSR-TPI) drops 9.5%](https://www.powersys.com/reports/q3-2017-power-systems-research-truck-production-index-psr-tpi-drops-9-5/) - Global truck production dropped 9.5% for the three-months ended Sept. 30, 2017, reports Power Systems Research. YOY (Q3 2016 to Q3 2017) production was up 3.9%.
- [Q4 2017 Power Systems Research Truck Production Index (PSR-TPI) Climbs 8.6%](https://www.powersys.com/reports/q4-2017/) - The outlook for global truck production in the class 4-8 looks very promising for 2018 as it continues a strong growth pattern established in 2017, reports PSR.
- [PowerTALK May 2019](https://www.powersys.com/reports/psr-powertalk-may-2019/) - New Initiatives Announced at Power Systems Research New initiatives at Power Systems Research (PSR) are spelled out by Joe Zirnhelt, PSR president and CEO, in the May issue of the company's monthly PowerTALK report. Here are more TOP STORIES in PowerTALK, May 2019: NA Crane Production Slows No Slowdown in NA Economy Y-O-Y Global Truck
- [PowerTALK July 2019](https://www.powersys.com/reports/powertalk-july-2019/) - Global Truck Production Picked Up in Q2 2019 Global truck production picked up in Q2 2019, according to the proprietary Truck Production Index (TPI) produced by Power Systems Research. YoY numbers were flat, however. The report is contained in the July issue of PowerTALK, the monthly newsletter produced by Power Systems Research. Other top stories in this
- [PowerTALK June 2019](https://www.powersys.com/reports/powertalk-june-2019/) - NA Production of Terminal Tractors Slows Production of Terminal Tractors in North America this year is expected to hit 6,900 units, up about 2% from 2018. But that increase is off from the 17% YoY gain posted last year over 2017. Read Carol Turner's report in he June issue of PowerTALK. You'll also find Dennis Huibregtse's
- [PowerTALK News, August 2019](https://www.powersys.com/reports/powertalk-august-2019/) - The August 2019 issue of PowerTALK News, from Power Systems Research, contains an NA economic outlook and an analysis of problems facing Japanese auto OEMs as they develop autonomous vehicles.
- [PowerTALK April 2019](https://www.powersys.com/reports/powertalk-april-2019/) - Zirnhelt Named President and CEO at Power Systems Research Significant activities at Power Systems Research (PSR) lead the news report in the April issue of the PowerTALK report. First, Joe Zirnhelt has been named President and Chief Executive Officer of the company, effective immediately. He had been serving as Chief Operating Officer. Zirnhelt replaces Dennis Huibregtse as
- [PowerTALK, March 2019](https://www.powersys.com/reports/powertalk-march-2019/) - Forklift Production Climbs in 2019 Production of Rough Terrain Forklifts in the U.S. this year is expected to be about 14,400 units, according to Carol Turner, PSR Senior Analyst, Global Operations. Her report is one of the Top Stories in the March 2019 issue of the PSR PowerTALK newsletter. Other stories include a report on
- [PowerTALK February 2019](https://www.powersys.com/reports/powertalk-february-2019/) - Ford Plans To Shut Down Brazil Truck Operations The February 2019 issue of PowerTALK includes information on Ford's plans to shut down its truck business in Brazil, a report on global Snowmobile production, and a 2019 economic forecast for North America. Here are other Top Stories in this issue of PowerTALK: Brazil Off-Hwy. Sales Up
- [PowerTALK January 2019](https://www.powersys.com/reports/jauary-2019-powertalk/) - Vietnam Auto Industry Develops The January 2019 issue of PowerTALK includes a report on Vietnam's auto industry. This is the first in a series of occasional reports on Vietnam business conditions that will be available in PowerTALK. Here are other Top Stories in this issue of PowerTALK: • Locomotive Production• Truck Production Climbs• Beijing To
- [PowerTALK December 2018](https://www.powersys.com/reports/powertalk-december-2018/) - Ceres Power and Weichai Finalize JV in China Ceres Power, a world-leading, low cost solid oxide fuel cell company, and Weichai Power, one of the leading automobile and equipment manufacturing companies in China, have completed their long-term strategic collaboration announced last May. This includes a Joint Venture agreement with the commitment to create a fuel
- [PowerTALK November 2018](https://www.powersys.com/reports/powertalk-november-2018/) - Global Truck Production Drops in Q3 2018 Global truck production dropped in Q3 2018, according to the Power Systems Research(PSR) Truck Production Index (PSR-TPI). You'll find the details in the November issue of PowerTALK, the monthly world news and analysis report from PSR. You'll find lots of other news as well, including detailed reports from
- [PowerTALK October 2018](https://www.powersys.com/reports/powertalk-october-2018/) - Electrification: What's The Future for Off-Highway? Construction equipment OEMs are evaluating various electrification options, including hybrid configurations where electric auxiliary drives are being adapted to replace traditional mechanical systems, including hydraulics, in some cases. But relatively few pure battery-electric machine designs have appeared, at this point, writes Dennis Huibregtse, CEO of Power Systems Research. Top
- [PowerTALK September 2018](https://www.powersys.com/reports/powertalk-september-2018/) - What Is the Real Cost of Diesel? Dennis Huibregtse, CEO of Power Systems Research, examines the trade-offs faced by fleet managers as they consider switching from diesel to alternative fuels. As fleets evaluate powertrain alternatives in their search for potentialoperating cost reductions and improvements in efficiency, it quickly becomes apparent that not all attributes of
- [PowerTALK August 2018](https://www.powersys.com/reports/powertalk-august-2018/) - Strong Economy Indicates Another Year of Solid Growth Second of Two Parts SUMMARY. During Q2 2018, the economy remained stable and economic conditions in the region still are favorable, most industries are doing well, and the short-term outlook remains positive to flat for most market segments. We expect such strong conditions to last at least
- [PowerTALK July 2018](https://www.powersys.com/reports/powertalk-july-2018/) - PSR Experimental Vehicle Grabs Fifth Place in Shell's International Competition The PSR-sponsored experimental vehicle designed, produced and raced by a team of high school students from suburban St. Paul, Minnesota, USA, finished as the top school from the US, and won fifth place overall, during international competition in London recently. Also in this issue is
- [PowerTalk News September 2019](https://www.powersys.com/reports/powertalk-september-2019-2/) - The bad times in the India auto market started in Q4 2018, triggered by the NBFC crisis, reports the September 2019 issue of PSR's PowerTALK™ News report.
- [PowerTALK June 2018](https://www.powersys.com/reports/powertalk-june-2018/) - Purchasing “Outside-the-Box” by Polaris Polaris Industries, the $5.4 billion maker of snowmobiles, off-road vehicles and motorcycles, says it has agreed to acquire Boat Holdings, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at approximately $805 million. Boat Holdings is the largest manufacturer of pontoon boats in
- [PowerTALK April 2018](https://www.powersys.com/reports/powertalk-april-2018/) - Global Truck Production Declines 6.1% The Power Systems Research Truck Production Index (PSR-TPI) decreased from 114 to 107, or 6.1%, for the three-month period ended March 31, 2018, from Q4 2017. The year-over-year (Q1 2017 to Q1 2018) loss for the PSR-TPI was one point (108 to 107), or .93%. The PSR-TPI measures truck production
- [PowerTALK™ News October 2019](https://www.powersys.com/reports/powertalk-october-2019/) - There's a positive report on the global economy in the October issue of PowerTALK News, the report of business news & analysis from Power Systems Research.
- [PowerTALK™ News November 2019](https://www.powersys.com/reports/powertalk-news-november-2019/) - The annual Agritechnica Show in Hannover, Germany, is often called the world's leading trade fair for agricultural machinery, and this year's event Nov. 10-16, was no exception. Innovation was the name of the game at the show. Read the report by Power Systems Research analysts who walked the show in the November issue of PowerTALK
- [PowerTALK™ News, December 2019](https://www.powersys.com/reports/powertalk-news-december-2019/) - It's Show Season and the December issue of PowerTALK News features reports on GIE+EXPO and the NACV commercial vehicle show. Don't miss the words and pictures.
- [PowerTALK News, January 2020](https://www.powersys.com/reports/powertalk-news-january-2020/) - Global truck production declined in 2019 as reflected by the Power Systems Research Q4 2019 Truck Production Index, the company reported in the January issue of its monthly publication, PowerTALK News. Also included in this issue is the Q4 2019 PowerTracker NA generator report and its Q4 2019 Global economic analysis. Other stories in this
- [PowerTALK™ News, February 2020](https://www.powersys.com/reports/powertalk-news-february-2020/) - The NA economy isn't going to change much in 2020, according to our forecast. Read about it in the February issue of PowerTALk News. Read, too, about Honda's EV cycle program.
- [PowerTALK™ News, March 2020](https://www.powersys.com/reports/march-2020-powertalk-news/) - The impact of the coronavirus in China--and subsequently on supply chains throughout the world--can be seen in reports in the March issue of PowerTALK News.
- [PowerTALK™ News, April 2020](https://www.powersys.com/reports/powertalk-news-april-2020/) - COVID-19 is the most important issue facing our industry globally in decades, and many of the articles in the April issue of PowerTALK News address the impact of this virus on production. Read about the industry's reaction to coronavirus around the world in this issue. Be certain to review the video and the presentation slides
- [PowerTALK™ News, May 2020](https://www.powersys.com/reports/powertalk-news-may-2020/) - COVID-19 continues to make a huge impact on global production of engines and equipment. The impact is growing rapidly in Brazil and South America. Details in the May issue of PowerTALK News.
- [PowerTALK™ News, June 2020](https://www.powersys.com/reports/powertalk-news-june-2020/) - COVID-19 continues to be a key for the power industry tracked by Power Systems Research. Read about the impact on NA production of AG and Construction equipment.
- [PowerTALK™ News, July 2020](https://www.powersys.com/reports/powertalk-news-july-2020/) - Read regional updates on COVID-19 as well as several reports on alternate fuels, ranging from plans for batteries in China to the development of e-fuels in Japan.
- [Q1 2018 Truck Production Index Drops 6.1%](https://www.powersys.com/reports/q1-2018/) - Power Systems Research reports truck production dropped 6.1%, in Q1 2018 vs. Q4 2017. The YoY (Q1 2017 to Q1 2018) loss was 0.93%.
- [Q3 2019 Power Systems Research Truck Production Index (PSR-TPI) falls 9.4%](https://www.powersys.com/reports/q3-2019-power-systems-research-truck-production-index-psr-tpi-falls-9-4/) - The Power Systems Research Truck Production Index (PSR-TPI) dropped 3.3%. Global truck production for Q3 2019 was 1,431,959, down from 1,481,020 in Q3 2018.
- [Q1 2020 Power Systems Research Truck Production Index (PSR-TPI) falls 31.1%](https://www.powersys.com/reports/q1-2020-power-systems-research-truck-production-index-psr-tpi-falls-31-1/) - The Power Systems Research Truck Production Index (PSR-TPI) dropped 31.1%, for the three-month period ended March 31, 2020, from Q4 2019. The YoY loss was 27.6%.
- [Q2 2020 Power Systems Research Truck Production Index (PSR-TPI) Drops 74%](https://www.powersys.com/reports/q2-2020-power-systems-research-truck-production-index-psr-tpi-drops-74/) - Global truck production was battered by the COVID-19 in Q2 2020. This decline is reflected in the Q2 2020 Power Systems Research Truck Production Index (PSR-TPI).
- [Q2 2019 Truck Production Index climbs 13.2%](https://www.powersys.com/reports/q2-2019-truck-production-index-climbs-13-2/) - The Power Systems Research Truck Production Index (PSR-TPI) gained 13.2%, for the quarter ended June 30, 2019, from Q1 2019. The year-over-year loss was 1.6%.
- [Q1 2019 Power Systems Research Truck Production Index (PSR-TPI) falls 5.2%](https://www.powersys.com/reports/q1-2019/) - The PSR Truck Production Index (PSR-TPI) decreased 5.2%, for the three-month period ended March 31, 2019, from Q4 2018. The PSR-TPI was basically flat. YoY.
- [Q4 2018 PSR Truck Production Index (TPI) Up 3.5%](https://www.powersys.com/reports/q4-2018/) - The Power Systems Research Truck Production Index (PSR-TPI) increased 2.6%,in Q4 2018 vs Q3 2018. The YoY (Q4 2017 to Q4 2018) gain for the PSR-TPI was 3.5%,
- [Q3 2018 Power Systems Truck Production Index (PSR-TPI) Slips 9.7%](https://www.powersys.com/reports/q3-2018/) - St. Paul, MN— The Power Systems Research Truck Production Index (PSR-TPI) dropped from 124 to 112, or 9.7%, for the three-month period ended Sept. 30, 2018, from Q2 2018. The year-over-year (Q3 2017 to Q3 2018) gain for the PSR-TPI was, 110 to 112, or 1.8%. Commercial vehicle demand in 2018, has been particularly strong
- [Q2 2018 PSR Truck Production Index (PSR-TPI) climbs 12.4%](https://www.powersys.com/reports/q2-2018/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 113 to 127, or 12.4%, for the three-month period ended June 30, 2018, from the Q1 2018. The year-over-year (Q2 2017 to Q2 2018) gain for the PSR-TPI was 124 to 127, or 2.4%. The PSR-TPI measures truck production globally and
- [PowerTALK™ News, August 2020](https://www.powersys.com/reports/powertalk-news-august-2020/) - PowerTALK™ News is the monthly report of global news and analysis about vehicles and equipment powered by IC engines and alternative fuel sources.
- [PowerTALK™ News, February 2021](https://www.powersys.com/reports/powertalk-news-february-2021/) - Chris Fisher, senior commercial vehicle analyst at Power Systems Research, provides a forecast in the February 2021 issue of PowerTALK™ News for MHV. Here are more articles in this issue: Power Systems Research Webinar Series North America Truck News: Ask The Expert Electric Motorcycles DataPoint: Global Snowmobiles Europe: Volvo Penta Plans Zero Emissions South America
- [PowerTALK™ News, May 2021](https://www.powersys.com/reports/powertalk-news-may-2021/) - IN THIS ISSUE. The May issue of PowerTALKTM News reports that gen-set sales in North America declined in Q1 2021 down 7.4% from Q4 2020 levels, according to the Power Systems Research PowerTrackerTM dealer and distributor survey of 200 respondents. This decrease follows three consecutive quarters in 2020 where dealers reported overall sales increases of 4.5%
- [PowerTALK™ News, July 2021](https://www.powersys.com/reports/powertalk-news-july-2021/) - IN THIS ISSUE is a report on global truck production that shows truck production growing by nearly 200% in Q2 2021. Read the Q2 2021 PSR Truck Production Index report in the July issue of PowerTALK™ News. Here are more articles in this issue: Edge Computing Connects America North America: Strong Post-pandemic Economic Growth
- [PowerTALK™ News, August 2021](https://www.powersys.com/reports/powertalk-news-august-2021/) - Taiwan is a one of the world's leading producers of digital chips for everything from commercial vehicles and autos to Lawn & Garden and other consumer products. Read Erik Martin's report on Taiwan's chip production in the August issue of PowerTALK™ News. Here are more articles in this issue: Global: 20%+ Growth in Truck
- [PowerTALK™ News, September 2020](https://www.powersys.com/reports/powertalk-news-september-2020/) - The September issue of PowerTALK™ News includes several reports on alternative fuels, including a report on the global outlook for diesel engines, and reports on electrification moves at Generac, Tesla and boats. Here are the top articles contained in this issue: NA: Generac Capitalizes on Change NA: Tesla Offers Moves Ahead NA: Electric Boats Gain
- [PowerTALK™ News, October 2020](https://www.powersys.com/reports/powertalk-news-october-2020/) - The October issue of PowerTALK News includes stories on alternative-powered vehicles, including electric-powered tankers, a solar trailer, robotic lawn mowers and Tesla car operations in China. Global: Opportunities and Challenges NA: Bus Conversions NA: Robot Mowers DataPoint: US Shredders EU: Scania Develops Solar Trailer SA: HVO Set in Brazil SA: Brazil Trade Pacts SA: IVECO
- [PowerTALK™ News, November 2020](https://www.powersys.com/reports/powertalk-news-november-2020/) - If you use construction equipment, or if it's important for you to know what's happening in the construction segment in Europe or North and South America, you'll want to participate in the free one-hour Construction Outlook Webinar produced by Power Systems Research and JCB Power Systems on Monday, Nov. 30, 2020, at 9:00 am CST.
- [PowerTALK™ News, December 2020](https://www.powersys.com/reports/powertalk-news-december-2020/) - The December 2020 issue of PowerTALK™ News features a 2021 outlook forecast on MHV commercial vehicles by Chris Fisher, the senior commercial analyst at Power Systems Research. While 2020 definitely has been a down year, 2021 is looking better, says Chris. Read his report plus Joe Zirnhelt's report on Q3 2020 NA gen-set activities from
- [PowerTALK™ News, January 2021](https://www.powersys.com/reports/powertalk-news-january-2021/) - The economic outlook for North America is looking soft in H1 2021, but it is expected to be much stronger in H2 2021, according to the forecast by Power Systems Research in the January 2021 issue of PowerTALK News. The same issue contains a report on global truck production, which shows a jump of 35%
- [PowerTALK™ News, March 2021](https://www.powersys.com/reports/powertalk-news-march-2021/) - Power Systems Research has launched a weekly podcast show featuring interviews with its analysts. The shows run from five minutes to 20 minutes, depending upon content. Read more about the program in the March issue of PowerTALK News. Also in this issue is a report on North American generator sales produced as part of the
- [PowerTALK™ News, April 2021](https://www.powersys.com/reports/powertalk-news-april-2021/) - The Power Systems Research Truck Production Index (PSR-TPI ) dropped 42.5% for the three-month period ended March 31, 2021, declining from 186 to 107, from Q4 2020. The year-over-year (Q1 2020 to Q1 2021) improvement for the PSR-TPI was 15%, in which it climbed from 93 to 107. While the decline in commercial vehicle demand
- [PowerTALK™ News, June 2021](https://www.powersys.com/reports/powertalk-news-june-2021/) - IN THIS ISSUE. Edge Computing is a developing concept that brings data and data processing closer to the application, closer to the edge, if you will. Read about it in the June issue of PowerTALK News. Here are more articles in this issue: Edge Computing Brings Data Closer Listen To New PSR PowerTALK Podcasts PSR MHV
- [PowerTALK™ News, September 2021](https://www.powersys.com/reports/powertalk-news-september-2021/) - The September issue of PowerTALK News includes several articles discussing electric vehicles and battery power and production. Get the latest information on these important trends. Also, in this issue, read about: DataPoint: Outboard Motors Europe: CNH Acquires Sampierana SPA South America Mercedes Announces EV Bus for Brazil Jacto Launches Self-Propelled Planter Eletra Converts Trucks,
- [Q3 2020 Power Systems Research Truck Production Index (PSR-TPI) climbs 203%](https://www.powersys.com/reports/q3-2020-power-systems-research-truck-production-index-psr-tpi-climbs-203/) - The Power Systems Research Truck Production Index (PSR-TPI) increased 203%, for the three-month period ended Oct. 31, 2020, from the Q2 2020. The year-over-year loss for the index was 6.8%.
- [Q4 2020 Truck Production Jumps 35%](https://www.powersys.com/reports/q4-2020-truck-production-jumps-35/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 109 to 147, or 35%, for the three-month period ended Dec. 31, 2020, from the Q3 2020. The year-over-year (Q4 2019 to Q4 2020) gain for the PSR-TPI was 121 to 147, or 21%. The PSR-TPI measures truck production globally and
- [Q2 2021 Power Systems Research Truck Production Index (PSR-TPI) climbs 193.5%](https://www.powersys.com/reports/q2-2021-power-systems-research-truck-production-index-psr-tpi-climbs-193-5/) - St. Paul, MN (July 12, 2021)— The Power Systems Research Truck Production Index (PSR-TPI) increased 193.5% year-over-year (Q2 2020 to the Q2 2021), moving from 46 to 135. For the three-month period ended June 30, 2021, (Q1 2021 to Q2 2021) the TPI climbed 15.4%, increasing from 117 to 135. The PSR-TPI measures truck production
- [Power Systems Research Q3 2021 TPI Slides 10.7%](https://www.powersys.com/reports/q3-2021-tpi-slides-10-7/) - The Q3 2021 Power Systems Research Truck Production Index (PSR-TPI) declined 10.7% in the third quarter ended Sept. 30, 2021, from Q2 2021. At the same time, the index dropped 17% on a YoY basis. Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022. Chinese
- [Q1 2021 Power Systems Research Truck Production Index (PSR-TPI) Falls 42.5%](https://www.powersys.com/reports/q1-2021-power-systems-research-truck-production-index-psr-tpi-falls-42-5/) - St. Paul, MN (April 13, 2021)— The Power Systems Research Truck Production Index (PSR-TPI) dropped 42.5% for the three-month period ended March 31, 2021, declining from 186 to 107, from the fourth quarter of 2020. The year-over-year (Q1 2020 to Q1 2021) improvement for the PSR-TPI was 15%, in which it climbed from 93 to
- [PowerTALK™, June 2022](https://www.powersys.com/reports/powertalk-june-2022/) - The June 2022 issue of PowerTALK News is loaded with articles about alternative power applications. Chris Fisher writes about the efforts at Cummins to develop hydrogen powered engines, Mike Aistrup reports on the e-motorcycle segment, Emiliano Marzoli discusses Volvo's efforts to develop Construction Equipment powered by alternative energy sources, and Jack Hao reports on BYD's
- [PowerTALK™, July 2022](https://www.powersys.com/reports/powertalk-july-2022/) - Read about the European Battery Show in the July issue of PowerTALK, and Emiliano Marzoli's interview with Dow officials about their product plans. Also in this issue is Jim Downey's forecast on the North American economy and Jack Hao's report on the sharp decline in China's heavy truck sales. IN THIS ISSUE North America: Economy Faces
- [PowerTALK™, August 2022](https://www.powersys.com/reports/powertalk-august-2022/) - In this issue of PowerTALK News we introduce a new feature, Alternative Power Report, written by Guy Youngs. The monthly feature will include news and analysis about EV and power sources such as batteries and fuel cells. Also in this issue are articles about Daimler's new strategy regarding its Western Star Brand, and update on
- [PowerTALK™ News, October 2021](https://www.powersys.com/reports/powertalk-news-october-2021/) - IN THIS ISSUE read about how global truck production dropped in the third quarter and what the forecast is moving into 2022. Also in this issue, read Yosyf Sheremeta's optimistic economic forecast for North America into 2022. Global Truck Production : TPI Drops 10.7% DataPoint: NA Combines North America: Economic Growth Continues into 2022 Europe:
- [PowerTALK™ News, November 2021](https://www.powersys.com/reports/powertalk-november-2021/) - Akihiro Komuro, PSR's analyst in Japan, reports on the expansion of VinFast EV subsidiary of the Vietnamese conglomerate VinGroup that is expanding to the US. VinFast has announced plans for a US headquarters and manufacturing plant in California. Other stories in this issue of PowerTALK include: Global Economic Forecast: On Path To Recovery DataPoint: North
- [PowerTALK™ News, December 2021](https://www.powersys.com/reports/7948/) - Q3 2021 NA Gen-Set Sales Climb 4.3% The Q3 2021 PowerTracker Report in this issue of PowerTALK News survey of dealers and distributors reports that overall gen-set sales in North America increased in Q3 2021 4.3% from Q2 2021 levels. This builds on a sales increase of 6.8% in Q2 2021 and a slower start
- [PowerTALK™ News, January 2022](https://www.powersys.com/reports/powertalk-news-january-2022/) - The overall global economic recovery looks strong, and the outlook for the global MHV segment is expected to improve in 2022 and 2023, according to forecasts by Power Systems Research analysts. Read the latest global economic news and analysis in the January issue of PowerTALK News. The January issue also includes: DataPoint: North America Rollers
- [PowerTALK™, February 2022](https://www.powersys.com/reports/powertalk-february-2022/) - Read about new partnerships set up to develop alternative power sources in the February issue of PowerTALK News. Also in this issue is a report on 2021 global truck production, several articles on hydrogen fuel cell development, and a North American economic forecast by Yosyf Sheremeta, PhD. Inside: North America: Economic Outlook Commercial EV Update
- [PowerTALK™, March 2022](https://www.powersys.com/reports/8206/) - This issue of PowerTALK News contains several articles about the situation in Russia, including news about plant shut downs and operational adjustments by OEMs. Several EV articles, too. Inside: Medium and Heavy EV Testing DataPoint: NA Dumpers/Tenders Europe: Middle East Energy Show Resumes South America Brazil Cuts Production Taxes VW Plans EV Charger Program Sao
- [PowerTALK™, April 2022](https://www.powersys.com/reports/powertalk-april-2022/) - This issue of PowerTALK News contains articles on the Yanmar acquisition of ELEO Technologies and several articles about alternative power sources. You can also read about the Q1 2022 PSR Truck Production Report here. IN THIS ISSUE Truck Production Index Drops DataPoint: NA Lawn & Garden Tractors Europe: Yanmar Acquires Tech Firm South America:
- [PowerTALK™, May 2022](https://www.powersys.com/reports/powertalk-may-2022/) - The May 2022 issue of PowerTALK News features articles on the NA production of Hydraulic Power Units, development of bio-fuels in Europe and the successful sales effort of Hyundai EVs at the Indonesia Auto Show. Inside: DataPoint: NA Hydraulic Power Units Europe: Plant-Based Bio-fuel May Not Replace Fossil Fuels South America: Komatsu Announces Expansion in
- [PowerTALK™, September 2022](https://www.powersys.com/reports/powertalk-september-2022/) - South Korea is looking at its first trade deficit with China in 28 years, according to a report in the September issue of PowerTALK News, the monthly report of news and analysis from Power Systems Research. Also in this issue is a report from Guy Youngs on Alternative Power sources, as well as reports from
- [PowerTALK™, October 2022](https://www.powersys.com/reports/9079/) - IN THIS ISSUE Lorena Violante is the Senior Market Research Consultant for Power Systems Research. This month she interviewed Miguel Elizalde Lizárraga, the executive president of ANPACT (the National Association of Bus, Truck and Tractor Producers). She also provides a report on ExporTransporte 2022, the largest truck bus show in Latin America. Also in this
- [PowerTALK™, November 2022](https://www.powersys.com/reports/py/) - IN THIS ISSUE Bauma 2022 was held in Munich this year during October, and Power Systems Research sent a team of analysts to the show to meet with exhibitors and attendees to discuss industry changes and to study new products. Read their complete report. Also in this issue is the expanded Alternative Power sources report
- [Q4 2021 Power Systems Research Truck Production Index (PSR-TPI) Loses 37%](https://www.powersys.com/reports/q4-2021-power-systems-research-truck-production-index-psr-tpi-loses-37/) - St. Paul, MN (January 25, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 116 to 120, or 3.4%, for the three-month period ended December 31, 2021, from Q3 2021. The year-over-year (Q4 2020 to Q4 2021) loss for the PSR-TPI was, 190 to 120, or -37%. The PSR-TPI measures truck production globally
- [Q1 2022 Power Systems Research Truck Production Index (PSR-TPI) Drops 4.4%](https://www.powersys.com/reports/q1-2022-truck-production-drops-4-4/) - ST. PAUL, MN — The year-over-year (Q1 2021 to Q1 2022) Power Systems Research Truck Production Index (PSR-TPI) dropped 114 to 109, or 4.4%. For the three-month period ended March 31, 2022, Q1 2022, the TPI decreased 9.2%, declining from 120 to 109. The PSR-TPI measures truck production globally and across six regions: North America,
- [Power Systems Research Truck Production Index drops 13.7%](https://www.powersys.com/reports/power-systems-research-truck-production-index-drops-13-7/) - Global Truck Production REPORT St. Paul, MN (October 24, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) dropped from 110 to 101, or 8.2%, for the three-month period ended September 30, 2022, from Q2 2022. The year-over-year (Q3 2021 to Q3 2022) loss for the PSR-TPI was, 117 to 101, or 13.7%. The PSR-TPI
- [DATAPOINT: 2022 North America Production Estimate, Harvesters 460 Units](https://www.powersys.com/reports/8120/) - 460 units is the estimate by Power Systems Research of the number of agricultural harvesters to be produced in the U.S. during 2022. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. Market
- [DATAPOINT: North America Crawlers](https://www.powersys.com/reports/datapoint-na-crawlers-september-2022/) - OEMs in North America are expected to produce 4,100 crawlers this year, according to forecasts by Power Systems Research global analyst Carol Turner. PSR
- [Mexico Truck & Bus Update. Alternative Power Sources Displayed](https://www.powersys.com/reports/mexico-truck-bus-update-alternative-power-sources-displayed/) - Show Report: Expotransporte 2022 Editor's Note: This report includes a conversation with Miguel Elizalde Lizárraga, the executive president of ANPACT (the National Association of Bus, Truck and Engine Manufacturers) and a visit to the Expotransporte 2022, the largest truck show in Latin America. ANPACT represents the trucks, buses and engine manufacturers in Mexico. It participates
- [Q2 2022 PSR Truck Production Index (PSR-TPI) gains 11.5%](https://www.powersys.com/reports/q2-2022-truck-production-index-psr-tpi-gains-11-5/) - St. Paul, MN (July 13, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 104 to 116, or11.5%, for the three-month period ended June 30, 2022, from Q1 2022. The year-over-year (Q2 2021 to the Q2 2022) loss for the PSR-TPI was, 130 to 116, or -10.8%. The PSR-TPI measures truck production globally
- [Bauma 2022 Returns Smaller than 2019](https://www.powersys.com/reports/bauma-2022-returns-smaller-than-2019/) - After more than three years, BAUMA, one of the largest construction events in the world, reopened its doors for seven days in Munich Oct. 24. Power Systems Research (PSR) had a five-person team at the event, discussing trends with industry representatives, from new products and services to topics around the future evolution f sustainable technologies.
- [Alternative Power Report, November 2022](https://www.powersys.com/reports/alternative-power-report-november-2022/) - Read news and analysis from PSR's Guy Youngs about hydrogen power applications in the November issue of the Alternative Power report by Power Systems Research.
- [Alternative Power Report, October 2022](https://www.powersys.com/reports/alternative-power-report-october-2022/) - In the October issue of PSR's Alternative Power Report, read about Ideanomics' new quick charger, a new super fast rechargeable battery and a cost analysis of diesel vs. hydrogen power.
- [Alternative Power Report, September 2022](https://www.powersys.com/reports/alternative-power-report-september-2022/) - The September 2022 issue of the Alternative Power Report from PSR discusses Cummins new energy storage system, battery electric forecasts and EV shipping applications. PSR
- [Alternative Power Report, August 2022](https://www.powersys.com/reports/alternative-power-report-august-2022/) - Guy Youngs Forecast and Technology Adoption Lead × As Forecast and Technology Adoption Lead at Power Systems Research, Guy Youngs is responsible for PSR’s industry forecast and overseeing the rate of technology adoption of alternative power sources into the future outlook and technology mix. His duties include regular engagement with PSR’s global analyst team to
- [PowerTALK™, December 2022](https://www.powersys.com/reports/powertalk-december-2022/) - IN THIS ISSUE Lots of news on Alternative Power issues in the December edition of PowerTALK News from Guy Youngs and other analysts at Power Systems Research. In addition to Guy Young's report on alternative power, don't miss John Krezsicki's podcast about Michigan University's Solar Car research program, Tesla's Lithium refinery project in Texas and
- [PowerTALK™, March 2023](https://www.powersys.com/reports/powertalk-march-2023/) - Power Systems Research analysts walked the CONEXPO 2023 show talking with exhibitors and attendees and reviewing new products. Read our report in this issue of PowerTALK.
- [PowerTALK™, April 2023](https://www.powersys.com/reports/powertalk-april-2023/) - 2022 PSR Truck Production Index climbed 2.9% in 2022, but declined in Q1 2023. April PowerTALK News has articles on Alternative Power and a global PWC forecast.
- [PowerTALK™, May 2023](https://www.powersys.com/reports/powertalk-may-2023/) - Read Show Reports in Europe and South America in the May issue of PowerTALK Report by Power Systems Research. You'll also find a forecast for inboard marine engines.
- [PowerTALK™, January 2023](https://www.powersys.com/reports/powertalk-january-2023/) - Manufacturers focus on hydrogen as vehicle & power source while improving lighter, faster-charging batteries. Energy industry evolving towards sustainability.
- [PowerTALK™, February 2023](https://www.powersys.com/reports/powertalk-february-2023/) - In This Issue Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America. Alternative Power • 240 Ton Electric Mining Truck Charges
- [PowerTALK™, June 2023](https://www.powersys.com/reports/powertalk-june-2023/) - Commercial vehicles are in the news this month. Japan is looking at a major merger of truck OEMs, Cummins is delivering a Hydrogen fuel cell truck, Brazil has announced incentives for MHVs and KCMG says it will produce EV trucks in Brazil. Read these reports and more in the June issue of PowerTALK News. IN
- [PowerTALK™, July 2023](https://www.powersys.com/reports/powertalk-july-2023/) - Production is the key word in PowerTALK articles for July. Read about new techniques for battery production, supply chain problems in Japan, production cutbacks in China and new facilities in South America. IN THIS ISSUE Alternative Power: What Is Future of Alternative Power? BYD Sets JV for EV Batteries Offshore Hydrogen 10X Cost of LNG
- [PowerTALK™, August 2023](https://www.powersys.com/reports/10557/) - Reports of new product development and emissions are featured in several articles in the August 2023 issue of PowerTALK News. Read about VW's breakthroughs, a new hydrogen-powered generator, and new regulations covering machine products in Europe. IN THIS ISSUE Alternative Power: VW Reveals Four EV Breakthroughs EVs Report Fewer Greenhouse Gases Methane Is Big Greenhouse
- [Q4 2022 Power Systems Research Truck Production Index (PSR-TPI) gains 3.7%](https://www.powersys.com/reports/q4-2022-power-systems-research-truck-production-index-psr-tpi-gains-3-7/) - January 23, 2023 — The Global Truck Production Index (TPI) from PSR covers truck production data across six regions. Download the full report with analysis.
- [2022 Truck Production Index (PSR-TPI) gains 2.9%](https://www.powersys.com/reports/q1-2023-truck-production-index-psr-tpi-gains-2-9/) - St. Paul, MN (April 8, 2023)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022. The year-over-year (Q1 2022 to Q1 2023) gain for the PSR-TPI was, 103 to 106, or 2.9%. The PSR-TPI is a quarterly
- [Q2 2023 Truck Production Index (PSR-TPI) gains 9.4%](https://www.powersys.com/reports/q2-2023-power-systems-research-truck-production-index-psr-tpi-gains-9-4/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 106 to 116, or 9.4%, for the three-month period ending June 30, 2023, from Q1 2023. The year-over-year (Q2 2022 to Q2 2023) gain for the PSR-TPI was, 112 to 116, or 3.6%. The PSR-TPI is a quarterly truck production report
- [FENATRAN 2022](https://www.powersys.com/reports/fenatran-2022/) - The 23rd edition of FENATRAN, the International Road Cargo Transport Trade Show, brought together more than 500 brands in the exhibition pavilion of São Paulo Expo, Nov. 7-11, and generated total revenue of about USD 2 billion, more than USD 200 million than the last edition of FENATRAN, held in 2019. Power Systems Research representatives
- [Show Report: Agrishow 2023](https://www.powersys.com/reports/special-report-agrishow-2023/) - SHOW REPORT Our Power Systems Research South America Team visited the Agrishow 2023, in Ribeirão Preto-SP, Brazil, visiting customers and checking the new launches and market expectations. It’s the world's largest show on Agricultural Equipment The general expectations of exhibitors we talked with were not positive. Exhibitors carefully spoke about some factors influencing
- [Show Report: Automec 2023](https://www.powersys.com/reports/show-report-automec-2023/) - The Power Systems Research team in Brazil attended Automec 2023 this month, the show dedicated to the On Highway aftermarket. It’s the show that features main components manufacturers selling in Aftermarket. This year’s edition took place April 25-29 at São Paulo Expo where more than 1500 brands were shown by 450 international exhibitors from 12
- [DATAPOINT: North America Combines](https://www.powersys.com/reports/datapoint-na-combines-november-2022/) - Estimated 2022 Production: 7,400 Units 7,400 units is the estimate by Power Systems Research of the number of Combines to be produced in North America (United States) in 2022.
- [DATAPOINT: North America Terminal Tractors](https://www.powersys.com/reports/datapoint-terminal-tractors/) - Estimated 2022 Production: 3,800 Units 3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2022. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ
- [DATAPOINT: NA Dumpers/Tenders, 2023 Production](https://www.powersys.com/reports/datapoint-na-dumpers-tenders-2023-production/) - Power Systems Research predicts 1,790 Dumper/Tenders to be produced in NA in 2023, with 66% by Country Home Products. Battery-powered units to increase by 22%.
- [DATAPOINT: NA Harvesters, 2023 Production](https://www.powersys.com/reports/datapoint-na-harvesters-2023-production/) - 470 units is the estimate by Power Systems Research of the number of harvesters to be produced in North America in 2023. The combine harvester, often simply called a combine, is a machine that harvests grain crops. The name derives from its combining three separate operations comprising harvesting—reaping, threshing, and winnowing—into a single process. This
- [DATAPOINT: NA ATV 2023  Production](https://www.powersys.com/reports/datapoint-north-america-atv-2023-production/) - 288,000 units is the estimate by Power Systems Research of the number of ATVs to be produced in NA in 2023. Polaris leads in the production of 4-wheeled ATVs in NA.
- [DATAPOINT: NA Lawn Mower 2023 Production](https://www.powersys.com/reports/datapoint-na-lawn-mower-2023-production/) - 3.4 million units is the estimate by Power Systems Research of the number of lawn mowers to be produced in North America in 2023. This includes 249,000 electric units.
- [DATAPOINT: NA Off-Highway Trucks 2023 Production](https://www.powersys.com/reports/datapoint-na-off-highway-trucks-2023-production-2/) - 1,600 units is the estimate by Power Systems Research of the number of Off-Highway Trucks expected to be produced in the United States and Canada in 2023. None of these trucks are electric units. Unlike On-Road Trucks, Off-Highway Trucks are specifically designed to work in punishing environments and are made to haul material and debris around
- [DATAPOINT: NA Mixers, 2023 Production](https://www.powersys.com/reports/datapoint-na-mixers-2023-production-34000/) - 34,000 units is the estimate by Power Systems Research of the number of Mixers expected to be produced in the United States, Mexico and Canada in 2023. Mixers are used by a variety of industries, especially for construction applications, and mix an assortment of materials. Power Systems Research tracks the North American production of two
- [DATAPOINT: NA Personal Watercraft](https://www.powersys.com/reports/north-america-personal-watercraft/) - 89,700 units is the estimate by Power Systems Research of the number of Personal Watercraft (PWC) expected to be produced in North America in 2023.
- [DataPoint: North America Tractor/Loader/Backhoes (TLBs)](https://www.powersys.com/reports/datapoint-north-america-tractor-loader-backhoes-tlbs/) - 7,450 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes (TLB) expected to be produced in North America in 2023.
- [Alternative Power Report, December 2022](https://www.powersys.com/reports/alternative-power-report-december-2022/) - Read the expanded December 20222 Alternative Power Report produced by PSR's Guy Youngs and other analysts at Power Systems Research. This month's report includes articles on increased battery production in the US., Tesla's plans for a recycling plant in Texas, increased merger activity in the EV Light/Medium commercial vehicle segment and new power sources being
- [CONEXPO 2023](https://www.powersys.com/reports/conexpo-2023/) - Analysts from Power Systems Research visited CONEXPO 2023 Vegas March 14-18 looking at new equipment and talking with exhibitors and attendees. Read their report. PSR
- [Alternative Power Report, January 2023](https://www.powersys.com/reports/alternative-power-report-january-2023/) - The January 2023 Alternative Power Report produced by PSR's Guy Youngs and other analysts at Power Systems Research includes several articles on hydrogen power. New applications of hydrogen power from construction to marine are discussed in this issue. Plans by OEMs Audi and BMW for new EV cars also are discussed. PSR
- [Alternative Power Report, February 2023](https://www.powersys.com/reports/alternative-power-report-february-2023/) - Alternative Power Report's Feb 2023 issue features 240-ton mining truck that charges in 30 mins. Volvo's electric mixer & loader, Europe's charging corridor also covere
- [Alternative Power Report, March 2023](https://www.powersys.com/reports/alternative-power-report-march-2023/) - The March issue of the Alternative Power Report from Power Systems Research includes articles on hydrogen and also how Subway sandwiches is tying into EV charging stations.
- [Alternative Power Report, April 2023](https://www.powersys.com/reports/alternative-power-report-april-2023/) - Production of engines powered by gasoline and diesel fuel is reaching a critical point, reports the April issue of Alternative Power Report. Read about this trend and others in this issue.
- [Show Report: Hannover Messe 2023](https://www.powersys.com/reports/show-report-hannover-messe-2023/) - General Observations. The core topics at HANNOVER MESSE included artificial intelligence, hydrogen, energy management, connected and intelligent production, and the new Manufacturing-X data ecosystem. More than 4,000 exhibitors presented their solutions and welcomed 130,000 visitors from around the globe. There seemed to be a very large Chinese contingent at the show (both as visitors and
- [Alternative Power Report, May 2023](https://www.powersys.com/reports/alternative-power-report-may-2023/) - The May issue of the Alternative Power Report produced by Power Systems Research contains articles that discuss plans by global companies for production of alternative power sources.
- [Alternative Power Report, June 2023](https://www.powersys.com/reports/alternative-power-report-june-2023/) - The June issue of Alternative Power Report contains articles on EV battery recycling in Europe and the debate over energy use between advocates of Hydrogen and batteries.
- [Alternative Power Report, July 2023](https://www.powersys.com/reports/alternative-power-report-july-2023/) - This month author Guy Youngs discusses several reports on new techniques in battery production, hydrogen power and several types of alternative powers.
- [Alternative Power Report, August 2023](https://www.powersys.com/reports/alternative-power-report-august-2023/) - Read several articles about the development of new alternative power products in the August issue of Alternative Power Report. Articles cover topics from golf carts as second vehicles, discoveries by VW research team, a new EV fast charging program in Europe and more news about hydrogen power.
- [Alternative Power Report, September 2023](https://www.powersys.com/reports/alternative-power-report-september-2023/) - 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.
- [PowerTALK™, October 2023](https://www.powersys.com/reports/powertalk-october-2023/) - China's growing success with EV sales in Europe is causing EU officials to consider placing tariffs on Chinese EV imports to balance the playing field. Read about this and more in the October issue of PowerTALK News. IN THIS ISSUE ALTERNATIVE POWER REPORT Tesla Tests Diner with Theater and Supercharger Lithium Deposit In Extinct Nevada
- [PowerTALK™, November 2023](https://www.powersys.com/reports/powertalk-november-2023/) - EV activity continues to increase across the globe as reported in the November issue of PowerTALK News. This issue features EV reports from China, Japan, North America, Brazil, South Korea and Thailand. IN THIS ISSUE ALTERNATIVE POWER REPORT China Discovers Unique Battery Material Toyota Joins Race To Mass Produce Solid-State Batteries Could Toyota’s Ammonia Engine
- [PowerTALK™, December 2023](https://www.powersys.com/reports/powertalk-december-2023/) - Worldwide EV battery development continues at a fast pace, US outdoor recreation industry hits $1 trillion, and Honda plans to drop mass production of its Honda "e" . Read about these items and more in the December PowerTALK News from Power Systems Research.
- [PowerTALK™, March 2024](https://www.powersys.com/reports/powertalk-march-2024/) - In the March 2024 issue of PowerTALK News you'll find two articles describing changes at Van Hool, the Belgian bus manufacturer, as it struggles to meet EV competition. Another EV article describes possible EU tariffs on Chinese EV imports. You can also read an update on EV battery technology from Michael Aistrup as well as
- [PowerTALK™, April 2024](https://www.powersys.com/reports/powertalk-april-2024/) - April PowerTALK News includes an update on the OEM Van Hool, John Deere's expansion plans in Brazil, and an analysis of strategies by two OEMs in the India market.
- [PowerTALK™, May 2024](https://www.powersys.com/reports/powertalk-may-2024/) - The May 2024 issue of PowerTALK News presents articles about Chinese EV production, Agrishow 2024 news, EV production in SE Asia and Kubota's plans for production in India.
- [PowerTALK™, June 2024](https://www.powersys.com/reports/powertalk-june-2024/) - China's expanding battery swap alliance in which seven auto OEMs are developing a network of battery swapping stations for EVs is gaining market support.
- [PowerTALK™, July 2024](https://www.powersys.com/reports/powertalk-july-2024/) - Canada is joining the United States and Europe in considering placing hefty tariffs on imported Chinese EVs. Read the EV tariff news in the July issue of PowerTALK News published by Power Systems Research. There's also product news about North American scooter production and global production forecasts for Medium and Heavy commercial vehicles and motorcycles.
- [PowerTALK™, September 2023](https://www.powersys.com/reports/powertalk-september-2023/) - Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles. IN THIS ISSUE ALTERNATIVE POWER REPORT California
- [PowerTALK™, January 2024](https://www.powersys.com/reports/powertalk-january-2024/) - BYD, the Chinese auto manufacturer, is making expansion moves in Brazil, Deutz plans to sell electric marine motor manufacturer Torqeedo to Yamaha and GM and Komatsu are developing hydrogen fuel cells for mining trucks. Read these articles and more in the January issue of PowerTALK News. IN THIS ISSUE ALTERNATIVE POWER REPORT GM, Komatsu Plan
- [PowerTALK™, February 2024](https://www.powersys.com/reports/powertalk-february-2024/) - China companies dealing in alternative power--batteries and electric vehicles--make the news in the February issue of PowerTALK by Power Systems Research. CATL has gained market share in the global battery market and it has formed a production alliance in China. At the same time, China OEMs are gaining market share in Thailand's EV market. Mike
- [Q3 2023 Power Systems Research Truck Production Index (PSR-TPI) Climbs 3.6%](https://www.powersys.com/reports/q3-2023-power-systems-research-truck-production-index-psr-tpi-climbs-3-6/) - St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) climbed from 104 to 108, or 3.6%, for the 12 months ended Sept. 30, 2023. The PSR-TPI dropped from 117 to 108, or 7.7%, for the three-month period ending Sept. 30, 2023, from Q2 2023. The PSR-TPI is a quarterly truck production report
- [Q4 2023 Power Systems Research Truck Production Index (PSR-TPI) Climbs 8.4%](https://www.powersys.com/reports/q4-2023-power-systems-research-truck-production-index-psr-tpi-climbs-8-4/) - St. Paul, Minnesota, USA— The Power Systems Research Truck Production Index (PSR-TPI) increased from 107 to 116, or 8.4% for the 12 months ended Dec. 31, 2023. For the fourth quarter of 2023, ending Dec. 31, 2023, the index increased from 112 to 116, or 3.6%, compared to Q3 2023. The PSR-TPI is a quarterly
- [South America TPI Expected To Climb 22% in 2024](https://www.powersys.com/reports/south-america-tpi-expected-to-climb-22-in-2024/) - St. Paul, Minnesota, USA— The Power Systems Research Truck Production Index (PSR-TPI) increased from 107 to 116, or 8.4% for the 12 months ended Dec. 31, 2023. For the fourth quarter of 2023, ending Dec. 31, 2023, the index increased from 112 to 116, or 3.6%, compared to Q3 2023. South America. Medium and heavy
- [Q1 2024 Power Systems Research Truck Production Index (PSR-TPI) falls 4.5%](https://www.powersys.com/reports/q1-2024-power-systems-research-truck-production-index-psr-tpi-falls-4-5/) - St. Paul, MN (April 15, 2024)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 116 to 111, or 4.5%, for the three-month period ending March 31, 2024, from Q4 2023. The year-over-year (Q1 2023 - Q1 2024) PSR-TPI was flat at 111. There was no change. The PSR-TPI measures truck production globally and
- [South American Truck Production Index Climbs 3.4%](https://www.powersys.com/reports/q1-2024-power-systems-research-sa-truck-production-index-psr-tpi-climbs-3-4/) - April 16, 2024— The Power Systems Research South America Truck Production Index (PSR-TPI) increased from 88 to 91, or 3.4%, for the three-month period ending March 31, 2024 (Q1 2024), from Q4 2023. The year-over-year (Q1 2023 - Q1 2024) PSR-TPI increased from 75 to 91, or 21.3%. The PSR-TPI measures truck production globally and
- [DataPoint: North America Production of Scooters              ](https://www.powersys.com/reports/datapoint-north-america-scooters-minibikes-mopeds/) - 197,500 units is the estimate by Power Systems Research of the number of Scooters expected to be produced in North America in 2023. Scooters are motorized 2-wheeled vehicles used primarily for recreational. Production climbed sharply in 2022, increasing by 24,686 units, or 14.6%, from 2021. We expect production to climb in 2023 as well, growing
- [2023 NA Production: Graders                 ](https://www.powersys.com/reports/datapoint-north-america-us-graders/) - 2,700 units is the estimate by Power Systems Research of the number of Graders expected to be produced in North America in 2023.
- [2024 Combine Production: 7,100 Units](https://www.powersys.com/reports/datapoint-north-america-production-combines/) - 7100 units is the estimate by Power Systems Research of the number of Combines to be produced in the United States in 2023. Final production will be available in Q1 2024.
- [2024 NA Production: Dumpers/Tenders](https://www.powersys.com/reports/datapoint-na-production-dumpers-tenders/) - 1,600 units is the estimate by Power Systems Research of the number of Dumpers/Tenders expected to be produced in North America in 2024. Dumpers/Tenders are vehicles designed for carrying bulk material, often on building sites. Dumpers are distinguished from dump trucks by configuration: a dumper is usually an open 4-wheeled vehicle with the load skip
- [2024 NA ATV Production: 281,000 Units](https://www.powersys.com/reports/datapoint-281000-na-production-atvs/) - 281,000 units is the estimate by Power Systems Research of the number of ATVs expected to be produced in North America in 2024.
- [2024 Trencher Production: 4,800 Units](https://www.powersys.com/reports/na-2024-production-trenchers-4800/) - 4,800 units is the estimate by Power Systems Research of the number of Trenchers expected to be produced in North America in 2024.
- [NA Plate Compactor Production        ](https://www.powersys.com/reports/2024-na-plate-compactor-production-3200/) - 3,200 units is the estimate by Power Systems Research of the number of Plate Compactors expected to be produced in North America in 2024.
- [2024 NA Skid Steer Production        ](https://www.powersys.com/reports/na-skid-steer-production/) - 96,000 units is the estimate by Power Systems Research of the number of Skid Steer Loaders expected to be produced in North America (US and Canada) in 2024.
- [2024 Global Snowmobile Production ](https://www.powersys.com/reports/2024-snowmobile-production/) - 89,400 units is the estimate by Power Systems Research of the number of Snowmobiles expected to be produced in Canada, Finland, Italy, Japan and U.S. in 2024.
- [2024 North America Scooter Production](https://www.powersys.com/reports/2024-north-america-scooter-production/) - 175,300 units is the estimate by Power Systems Research of the number of Scooters expected to be produced in North America in 2024.
- [2024 Motorcycle Production](https://www.powersys.com/reports/2024-north-america-motorcycle-production/) - 175,300 units is the estimate by Power Systems Research of the number of Motorcycles expected to be produced in North America in 2024.
- [Alternative Power Report, October 2023](https://www.powersys.com/reports/alternative-power-report-october-2023/)
- [Alternative Power Report, November 2023](https://www.powersys.com/reports/alternative-power-report-november-2023/) - Reports of scientific discoveries highlight this months Alternative Power Report produced by Guy Youngs of Power Systems Research. .
- [Alternative Power Report, December 2023](https://www.powersys.com/reports/alternative-power-report-december-2023/) - Read about new lithium-ion batteries, CATL's fast charging EV skateboard, and a new lithium bonanza in the US and more in December's Alternative Power Report.
- [Alternative Power Report, January 2024](https://www.powersys.com/reports/alternative-power-report-january-2024/) - Battery development news continues to lead the way in the current issue of the Alternative Power Report produced by Power Systems Research. In this issue, read articles about silicon anode powder used in batteries and a new cathode material that provides cheaper and more sustainable power. This issue contains news about government regulations aimed at
- [Alternative Power Report, February 2024](https://www.powersys.com/reports/alternative-power-report-february-2024/) - The February Alternative Power Report contains articles on China battery production and Chinese EV market share gains in Thailand. There's also news about EV heavy truck development.
- [Alternative Power Report, March 2024](https://www.powersys.com/reports/alternative-power-report-march-2024/) - Regulations on EVs and developments in hydrogen power cells and battery technology are highlighted in articles in the March issue of Alternative Power Report by Power Systems Research.
- [Alternative Power Report, April 2024](https://www.powersys.com/reports/alternative-power-report-april-2024/) - The April 2024 Alternative Power Report by Power Systems Research features articles on batteries, including production advances and dropping EV costs.
- [Alternative Power Report, May 2024](https://www.powersys.com/reports/alternative-power-report-may-2024/) - The May 2024 Alternative Power Report from Power Systems Research features several stories on Chinese EVs and the impact they are having on European and US markets.
- [Alternative Power Report, June 2024](https://www.powersys.com/reports/alternative-power-report-june-2024/) - China may place 25% tariffs on EVs in retaliation for similar moves by the US and the European Union. Read about this as well as articles on new battery development, the decline in diesel sales and a new battery from CATL
- [Alternative Power Report, July 2024](https://www.powersys.com/reports/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.
- [PowerTALK™, August 2024](https://www.powersys.com/reports/powertalk-august-2024/) - On the Alternative Power scene in this month's PowerTALK News read about battery development, and Toyota owners suing the OEM. There's also a forecast on the global snowmobile market, and Chris Fisher discusses the impact of the CARB ACT regulations on truck sales. Also read about plans by giant BYD to build a production facility
- [PowerTALK™, September 2024](https://www.powersys.com/reports/powertalk-september-2024/) - In this month's PowerTALK News, read about battery development, Volvo's plans to launch hydrogen powered trucks, a report on global e-bike production, a forecast on 2024 Light Plant production, Yanmar's acquisition of Claas India, a combine harvester, to expand its India market, and Malaysia's expanding auto sales. In This Issue Alternative Power Report: Fast Charging
- [PowerTALK™, October 2024](https://www.powersys.com/reports/powertalk-october-2024/) - Q3 2024 Global truck production dropped, according to the Truck Production Index produced by Power Systems Research. Read about it in the October issue of PowerTALK News. Other articles deal with VW's plans to cut back on employment; a new solid state battery developed in Europe; the forecast for 2024 crane production in North American
- [Q2 2024 Power Systems Research Truck Production Index (PSR-TPI) climbs 11.5%](https://www.powersys.com/reports/q2-2024-power-systems-research-truck-production-index-psr-tpi-climbs-11-5/) - St. Paul, MN (July 29, 2024)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 113 to 126, or 11.5%, for the three-month period ending June 30, 2024, from Q1 2024. The year-over-year (Q2 2023 to Q2 2024) increase for the PSR-TPI was 125 to 126, or 0.8%. The PSR-TPI measures truck production globally
- [Q3 2024 Truck Production Index Falls 8.9%](https://www.powersys.com/reports/q3-2024-truck-production-index-falls-8-9/) - St. Paul, MN (Oct. 13, 2024)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 123 to 112, or-8.9%, for the three-month period ending Sept. 30, 2024, from the Q2 2024. The year-over-year (Q3 2023 to Q3 2024) decrease for the PSR-TPI was, 114 to 112, or -1.8%. The PSR-TPI measures truck production globally
- [Q4 2024 Truck Production Index Climbs 3.7%](https://www.powersys.com/reports/q4-2024-truck-production-index-falls-3-4/) - The Power Systems Research Truck Production Index (PSR-TPI) increased from 109 to 113, or 3.7%, for the three-month period ending Dec. 31, 2024, from Q3 2024. The year-over-year (Q4 2023 to Q4 2024) decrease for the PSR-TPI was, 117 to 113, or -3.4%. The PSR-TPI measures truck production globally and across six regions: North America,
- [Q1 2025 Truck Production Index (PSR-TPI) drops 5.3%](https://www.powersys.com/reports/q1-2025-truck-production-index-psr-tpi-drops-5-3/) - St. Paul, MN (April 21, 2025)— The Power Systems Research Truck Production Index (PSR-TPI) dropped from 113 to 107, or -5.3%, for the three-month period ending March 31, 2025, from Q4 2024. The year-over-year (Q1 2024 to Q1 2025) timeframe was flat for the PSR-TPI, 107 to 107, or 0%. The PSR-TPI measures truck production
- [Automec 2025: Innovation and Transformation](https://www.powersys.com/reports/automec-show-report/) - Automec 2025 offered he key themes of the events were sustainable mobility, digital transformation
- [Bauma China Demonstrates New Technology](https://www.powersys.com/reports/bauma-china-2024-demonstrates-new-technology/) - The Bauma CHINA 2024 trade show, held November 26-29, showcased a significant evolution in the global construction machinery industry.
- [Electric Boats at 2024 Cannes Show](https://www.powersys.com/reports/electric-boats-popular-at-cannes-yachting-festival/) - More than 600 exhibitors from the marine pleasure industry showed off their latest models of boats, yachts, ns marine equipment at the 2024l Cannes Yachting Festival.
- [2024 Personal Watercraft Production](https://www.powersys.com/reports/2024-north-america-motorcycle-production-2/) - 100,400 units is the estimate by Power Systems Research of the number of Personal Watercraft (PWC) expected to be produced in North America in 2024.
- [2024 Light Plant Production](https://www.powersys.com/reports/12429/) - 19,200 units is the estimate by Power Systems Research of the number of Light Plants expected to be produced in North America in 2024. A Light Plant is a mobile unit containing high-intensity lamps.
- [2024 NA Crane Production](https://www.powersys.com/reports/2024-na-crane-production/) - 1,500 units is the estimate by Power Systems Research of the number of Cranes expected to be produced in North America in 2024.
- [2024 NA Combine Production](https://www.powersys.com/reports/2024-na-combine-production/) - Power Systems Research estimates that North American 2025 production of combines will be 4,500 units. Expect production of combines to gain 10% by 2030.
- [2024 NA UTV Production](https://www.powersys.com/reports/2024-na-utv-production/) - 415,900 units is the estimate by Power Systems Research of the number of Utility Vehicles (UTVs) expected to be produced in North America in 2024. 4-Wheeled ATV is short term for All Terrain Vehicle. It commonly has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two, one
- [2025 NA Dumpers/Tenders Production](https://www.powersys.com/reports/2025-na-dumpers-tenders-production/) - 1,200 units is the estimate by Power Systems Research of the number of Dumpers/Tenders expected to be produced in North America in 2025.
- [2025 NA Snowblowers Production](https://www.powersys.com/reports/2025-na-snowblower-production/) - 293,500 units is the estimate by Power Systems Research of the number of Snowblowers expected to be produced in the United States in 2025.
- [2025 NA Trenchers Production](https://www.powersys.com/reports/2025-na-trenchers-production/) - 4,200 units is the estimate by Power Systems Research of the number of Trenchers expected to be produced in the United States in 2025.
- [2025 NA Snowmobile Production](https://www.powersys.com/reports/2025-na-snowmobile-production/) - 60,300 units is the estimate by Power Systems Research of the number of Snowmobiles expected to be produced in the United States in 2025.
- [PowerTALK™, November 2024](https://www.powersys.com/reports/powertalk-november-2024/) - A show report on the giant Fentran international cargo transportation event is featured in the November issue of PowerTALK News. The issue also includes alternate power news.
- [PowerTALK™, December 2024](https://www.powersys.com/reports/powertalk-december-2024/) - The December 2024 issue of PowerTALK™ News reports Chinese manufacturers showcased groundbreaking products in new energy and hybrid solutions at Bauma CHINA.
- [PowerTALK™, January 2025](https://www.powersys.com/reports/powertalk-january-2025/) - The January 2025 issue of PowerTALK™ News covers regional updates from six regions, including
- [PowerTALK™, February 2025](https://www.powersys.com/reports/powertalk-february-2025/) - Read about Tesla Germany sales dropping 60%, Nissan quitting Honda merger talks, Q4 2024 global truck production climbing and South Korean battery production slumping and more in the February 2025 issue of PowerTALK™ News. IN THIS ISSUE ALTERNATIVE POWER REPORT Is Toyota Largest Auto Funder of Climate Deniers in US? Tesla Sales Drop 60% in Germany
- [PowerTALK™, March 2025](https://www.powersys.com/reports/powertalk-march-2025/) - The March 2025 issue of PowerTALK™ News features a Special Report by Guy Youngs on global news of the Tesla company and car sales. It also has articles about the impact of US tariffs on the India auto sector, the Jakarta construction market, and Kubota's plans to build a tractor plant in India. IN THIS ISSUE
- [PowerTALK™, April 2025](https://www.powersys.com/reports/powertalk-april-2025/) - In the April 2025 issue of PowerTALK™ News, you'll find a new feature, Tariff Topics, that contains a report of global tariff news driven by the current US tariff program. You'll also be able to read alternative power reports on Europe and Germany endorsing EV trucks, Tesla deliveries dropping in Europe, 2025 NA snowmobile production, the
- [Alternative Power Report, August 2024](https://www.powersys.com/reports/alternative-power-report-august-2024/) - The August Alternative Power Report includes articles on battery development, including news at Tesla., plus news of hydrogen power and the decline in diesel sales.
- [Alternative Power Report, September 2024](https://www.powersys.com/reports/alternative-power-report-september-2024/) - Read about Volvo backtracking on its EV pledge; Volkswagen considering factory shutdowns in Germany, and the latest battery news, in the September 2024 issue of the Alternative Power Report published by Power Systems Research.
- [Alternative Power Report, October 2024](https://www.powersys.com/reports/alternative-power-report-october-2024/) - October 2024 edition of Alternative Power Report produced by Power Systems Research. Read about the latest information and analysis on global alternative power activities.
- [Alternative Power Report, November 2024](https://www.powersys.com/reports/alternative-power-report-november-2024/) - The November 2024 issue of Alternative Power Report includes articles on battery development and discussions on the declining costs of battery power for EVs.
- [Alternative Power Report, December 2024](https://www.powersys.com/reports/alternative-power-report-december-2024/) - The December 2024 issue of the Alternative Power Report published by Power Systems Research includes articles on Chinese EV production and the development of rotary engines powered by hydrogen. PSR
- [Alternative Power Report, January 2025](https://www.powersys.com/reports/alternative-power-report-january-2025/) - The January 2025 Alternative Power Report published by Power Systems Research includes articles on Chinese EV activities in Europe and Brazil, EV sales in Europe, battery development and Chinese hybrids.
- [Alternative Power Report, February 2025](https://www.powersys.com/reports/alternative-power-report-february-2025/) - Read about changes in the Japanese EV industry in the February issue of the Alternative Power Report produced by Power Systems Research.
- [Alternative Power Report, March 2025](https://www.powersys.com/reports/alternative-power-report-march-2025/) - This month, Alternative Power Report Editor Guy Youngs brings readers up to date on Elon Musk and Tesla activities around the world. Sales are down, stock price is down, and consumer anger is up. Read about it in the March issue of the Alternative Power Report produced by Power Systems Research. The March report also
- [MOVIMAT 2024 Highlights Electric Products](https://www.powersys.com/reports/movimat-2024-highlights-electric-products/) - The 35th MOVIMAT show was held in conjunction with the 2024 Fenatran International Road Cargo Transport Show in São Paulo, Brazil.
- [2025 Heavy Truck Production Expected To Decline](https://www.powersys.com/reports/13936/) - In 2025, Medium and heavy commercial vehicle production in South America, Greater China, South Asia and Japan/Korea is expected to increase while European and North American production is expected to decline somewhat significantly this year over 2024. Global Index. Globally, medium and heavy commercial vehicle production is expected to decline by 1.9% this year over
- [Q3 2025 Truck Production Index (PSR-TPI) falls -8.5%](https://www.powersys.com/reports/q3-2025-truck-production-index-psr-tpi-falls-8-5/) - St. Paul, MN (Oct. 13, 2025)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 117 to 107, or -8.5%, for the three-month period ending Sept. 30, 2025, from Q2 2025. The year-over-year (Q3 2024 to Q3 2025) loss for the PSR-TPI was, 109 to 107, or -1.8%. The PSR-TPI measures truck production globally
- [Agrishow 2025 Provides Equipment Innovations​](https://www.powersys.com/reports/agrishow-2025-provides-equipment-innovations/) - Agrishow 2025, held in Ribeirão Preto, São Paulo, confirmed Brazil’s leadership in Agricultural innovation. Business and attendance increased since the last show in 2024.
- [South America Paving Expo 2025 Sets Records](https://www.powersys.com/reports/south-america-paving-expo-2025-sets-records/) - The 2025 Paving Expo, held in São Paulo Sept. 23–25 marked another record edition for Latin America’s largest event dedicated to paving, road construction, and infrastructure technologies.
- [Marine Exhibition 2025 Featured Industry Collaboration](https://www.powersys.com/reports/marine-exhibition-2025-featured-industry-collaboration/) - The Electric & Hybrid Marine Exhibition 2025 held June 24 - 26, 2025, featured increased corporate collaboration and demonstrated a focus on sustainability, the adoption of immersive technologies, and enhanced connectivity. These development trends were built on a collaborative approach to maritime electrification and decarbonization and reflect incremental improvements as well as a strategic shift
- [2025 NA Zero Turn Mowers Production](https://www.powersys.com/reports/13668/) - 841,500 units is the estimate by Power Systems Research of the number of Zero Turn Mowers expected to be produced in the United States in 2025.
- [2025 Global Outboard Engine Production](https://www.powersys.com/reports/2025-outboard-engine-production/) - 684,000 units is the estimate by Power Systems Research of the number of Outboard Engines expected to be produced worldwide in 2025.
- [2025 NA Crawler Production](https://www.powersys.com/reports/2025-na-crawler-production/) - 3,000 units is the estimate by Power Systems Research of the number of Crawlers expected to be produced in the U.S. in 2025.
- [2025 NA On-Road Motorcycle Production](https://www.powersys.com/reports/datapoint-na-on-road-motorcycles/) - 944,000 units is the estimate by Power Systems Research of the number of On-Road Motorcycles expected to be produced in North America (U.S. and Mexico) in 2025. An On-Road Motorcycle or Street Bike is a motorized two-wheeled vehicle that is street legal for sport and leisure activities. Motorcycles in this segment include features such as
- [2025 North America Scooter Production](https://www.powersys.com/reports/2025-north-america-scooter-production/) - 481,000 units is the estimate by Power Systems Research of the number of Scooters expected to be produced in North America during 2025.
- [2025 North America Combine Production](https://www.powersys.com/reports/2025-north-america-combine-production/) - DATAPOINT 4,600 units is the estimate by Power Systems Research of the number of Combines expected to be produced in North America during 2025. A Combine is a farm machine that harvests grain crops. Combines can reap, thresh and winnow crops into a single process. Crops include wheat, oats, rye, barley, corn, etc. This product
- [PowerTALK™, May 2025](https://www.powersys.com/reports/powertalk-may-2025/) - The May 2025 issue of PowerTALK™ News contains a report on layoffs in North American trucking business and news of a development agreement between Toyota Motor and China Truck Group.
- [PowerTALK™, June 2025](https://www.powersys.com/reports/powertalk-june-2025/) - The June PowerTALK News has reports on the Hino-Mitsubishi Fuso merger, the decline in Russian 2025 truck production, a cooperative development agreement between Chinese companies and a report on 2025 global outboard engine production. IN THIS ISSUE ALTERNATIVE POWER REPORT Will Hydrogen Fuel Cell Trucks Follow Car Storyline IEA Global Outlook Shows U.S. Falling Behind
- [PowerTALK™, July 2025](https://www.powersys.com/reports/powertalk-july-2025/) - The July 2025 PowerTALK News has reports on PSR's Q2 2025 Truck Production Index, india's strengthening used car market, South Korea's ship building success, Mitsubishi's plans to electrify its Forklift products, and Chinese machinery market share gains in Brazil IN THIS ISSUE ALTERNATIVE POWER REPORT Repsol Cancels 200MW Green Hydrogen Project Ethiopia Updates ICE Vehicle
- [PowerTALK™, August 2025](https://www.powersys.com/reports/powertalk-august-2025/) - In the August 2025 PowerTALK News you can read about companies having second thoughts about hydrogen power, 2025 North America motorcycle production, possible changes in emission regulations for trucks, South Korea's agreement with the US on tariffs, and Vietnam's shift to EVs. IN THIS ISSUE ALTERNATIVE POWER REPORT Fortescue Cancels Flagship Hydrogen Projects Tesla Sales
- [PowerTALK™, September 2025](https://www.powersys.com/reports/powertalk-september-2025/) - In the September 2025 issue of PowerTALK News you can read about North American truck demand/production to remain soft into 2026, NA 2025 scooter production, India's EV pickup revolution, CATL's new fast-charging LFP battery, Brazil's high volume vehicle exports, and Scania China winning key production approval. IN THIS ISSUE ALTERNATIVE POWER REPORT Another Major Auto Maker Is
- [Alternative Power Report, April 2025](https://www.powersys.com/reports/alternative-power-report-april-2025/) - The April 2025 issue of Guy Youngs' Alternative Power Report presents articles on Tesla sales and other activities. It also contains several reports on battery development . PSR Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
- [Alternative Power Report, May 2025](https://www.powersys.com/reports/alternative-power-report-may-2025/) - The May 2025 issue of the Alternative Power Report contains articles on Volvo's launch of the world's first electric articulated Hauler, Aeson Power's new sodium battery products, the IMO votes on the first-ever global carbon price on shipping, and a report on CATL's next generation batteries. Read it all here. PSR Guy Youngs is Forecast
- [Alternative Power Report, June 2025](https://www.powersys.com/reports/alternative-power-report-june-2025/) - The Alternative Power Report produced monthly by Power Systems Research reports on development of alternative power sources, legislation related to these sources, and sales and production of EV vehicles. The June 2025 issue contains articles on hydrogen fuel cells being used in trucks and passenger cars, the development of sodium batteries for EVs, a new
- [Alternative Power Report, July 2025](https://www.powersys.com/reports/alternative-power-report-july-2025/) - In the July 2025 issue of the Alternative Power Report produced by Power Systems Research, you'll find articles on Repsol canceling its 200MW green hydrogen project, Citing technical and economic barriers; Ethiopia updating its ICE vehicle import ban, including SKD and CKD kits; the discovery of a rare-earth metal that increases battery energy density, and
- [Alternative Power Report, August 2025](https://www.powersys.com/reports/update-this-post-8-18-2025/) - In the AUGUST 2025 issue of the Alternative Power Report produced by Power Systems Research, you'll find articles on cost-saving electric tractors, how Toyota, BMW, and Hyundai are moving against hydrogen power, a report on BP backing out of green hydrogen plan in Australia, a report on Tesla sales continuing to drop in Europe, and
- [Alternative Power Report, September 2025](https://www.powersys.com/reports/alternative-power-report-september-2025/) - In the September 2025 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on another major OEM dropping EV plans, an article on falling battery prices, a new more powerful and flexible EV battery from CATL, India's EV pickup revolution and much more. Read the
- [Q4 2025 Truck Production Climbs 3.7%](https://www.powersys.com/reports/q4-2025-truck-production-climbs-3-7/) - The Power Systems Research Truck Production Index (PSR-TPI) increased from 107 to 111, or 3.7%, for the three-month period ended Dec. 31, 2025, from Q3 2025. The year over-year (Q4 2024 to Q4 2025) loss for the PSR-TPI was, 113 to 111, or -1.8%. The PSR-TPI measures truck production globally and across six regions: North
- [Q1 2026 Truck Production Index Falls 4.2%](https://www.powersys.com/reports/q1-2026-truck-production-index-falls-4-2/) - St. Paul, MN —The Power Systems Research Truck Production Index (PSR-TPI) decreased from 119 to 114, or -4.2%, for the three-month period ending March 31, 2026, from Q4 2025. The year-over-year (Q1 2025 to Q1 2026) gain for the PSR-TPI was, 113 to 114, or 0.9%. The PSR-TPI measures truck production globally and across six
- [2025 North America TLBs Production](https://www.powersys.com/reports/2025-north-america-tlbs-production/) - 9,500 units is the estimate by Power Systems Research of the number of Tractor/Loader/Backhoes expected to be produced in North America during 2025. Tractor/Loader/Backhoes (TLBs) are full-size machines that are three pieces of construction equipment combined into one: the tractor, the loader and the backhoe. These units are designed to tackle an array of construction
- [North America Golf Cars Production](https://www.powersys.com/reports/north-america-golf-cars-production/) - 60,100 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2025. Golf Cars are small, motorized vehicles that transport golfers and their equipment around a golf course. They may also be used as a Neighborhood Electric Vehicle (NEV) to transport people within
- [North America Dumper/Tender Production](https://www.powersys.com/reports/north-america-dumper-tender-production/) - 1,300 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2026
- [North America Tractor Production](https://www.powersys.com/reports/north-america-tractor-production/) - 80,800 units is the estimate by Power Systems Research of the number of Ag Tractors expected to be produced in North America (United States, Canada, and Mexico) during 2026.
- [North America Snowblower Production](https://www.powersys.com/reports/north-america-snowblower-production/) - 274,253 units is the estimate by Power Systems Research of the number of Snowblowers expected to be produced in North America during 2026. A Snowblowe is a machine for removing snow.
- [North America Aerators Production](https://www.powersys.com/reports/15123/) - 6,200 units is the estimate by Power Systems Research of the number of Aerators expected to be produced in North America during 2026.
- [North America 2026 Crawler Production](https://www.powersys.com/reports/north-america-2026-crawler-production/) - 3,000 units is the estimate by Power Systems Research of the number of Crawlers expected to be produced in North America during 2026. Crawler Dozers are heavy, driver-operated machines used for clearing and grading land. Usually, they have continuous treads and a broad hydraulic blade in front. Large crawler dozers normally have a set of
- [PowerTALK™, October 2025](https://www.powersys.com/reports/powertalk-october-2025/) - In the October 2025 issue of PowerTALK News you can read about Q3 2025 Global Truck Production; South America Paving Show; Hitachi's use of a hydrogen gen-set; India's electrifying MCs; NA 2025 Combine Production; India's GST 2.0, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT Hitachi Powers Site with Hydrogen Gen-Set Trump Threatens Massive Tariffs after China's
- [PowerTALK™, November 2025](https://www.powersys.com/reports/powertalk-november-2025/) - In the November 2025 issue of PowerTALK News you can read articles about China developing EV batteries, GM dropping plans for hydrogen fuel cells, China's push into South America, industry comments on the North America trucking recovery, South Korea's promotion of EV forklifts, news from Agritechnica 2025, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT Hitachi Powers Site
- [PowerTALK™, December 2025](https://www.powersys.com/reports/powertalk-december-2025/) - In the December 2025 issue of PowerTALK News you can read articles about China's conversion to EV trucks, slowing EV sales, Spain pushing hydrogen, 2025 NA Golf Cars production, Vietnam EV motorcycle growth, Ford's new growth strategy in India, and Japan's worsening agricultural equipment situation, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT EV Sales Have Not Fallen
- [PowerTALK™, January 2026](https://www.powersys.com/reports/powertalk-january-2026/) - In the January 2026 issue of PowerTALK News you can read articles about Tesla's poor 2025 European sales, CATL's shipping electrification, the 2026 North American truck production forecast, Brazilian vehicle growth, growing construction equipment demand in Indonesia, Canada's reduction of tariffs on Chinese EVs, India's growing two-wheel market, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT Tesla's
- [PowerTALK™, February 2026](https://www.powersys.com/reports/powertalk-february-2026/) - In the February2026 issue of PowerTALK News you can read articles about Tesla committing auto suicide, Europe's Hydrogen Bus Costs, Germany's Audit of Its Hydrogen Strategy, Q4 2025 Truck Production, 2026 Ag Tractor Production, Boot 2026 Show Report, India-Indonesia Auto Relationship, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT Tesla Committing Auto Suicide Rare Earth Discovery Could
- [CONEXPO 2026 Shows Hybrid Power Gear](https://www.powersys.com/reports/conexpo-joe-jim-joed/) - LAS VEGAS—Many visitors to the CONEXPO-CON/AGG 2026 show here March 3-7 arrived from the cold and snowy Midwest and East Coast. The show exhibit areas covered 2.9 million square feet; with some of the exhibit areas being outdoors attendees felt the warmer than normal temps this time of year where Las Vegas had a record
- [CONEXPO - Summary Report](https://www.powersys.com/reports/conexpo-summary-report/) - CONEXPO 2026 Offers Trend To Smart Machines LAS VEGAS—Power Systems Research (PSR) sent a team of analysts to the CONEXPO-CON/AGG 2026 Show to talk with exhibitors and about the state of the industry and to learn more about new products. You can read their impressions of the show, their takeaways from talking withexhibitors and attendees
- [PowerTALK™, March 2026](https://www.powersys.com/reports/march-powertalk/) - In the March 2026 issue of PowerTALK News you can read articles about reports from CONEXPO 2026, Alternative Power News, and DataPoint, plus reports on Iran and Tariffs, BYD Developments, and more. IN THIS ISSUE CONEXPO-CON/AGG REPORTSummary CONEXPO Show ReportHybrid Power Gear ShownNorth America Market OutlookALTERNATIVE POWER REPORT:Hybrids May Exceed Government EstimatesPV-Powered Refrigerated Trailer Completes Long RunResearchers
- [PowerTALK™, April 2026](https://www.powersys.com/reports/15154/) - In the April 2026 issue of PowerTALK News you can read articles about reports from CONEXPO 2026, Alternative Power News, and DataPoint, plus reports on Iran and Tariffs, BYD Developments, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT A "Failed Experiment"? Biofuels Under Spotlight US Battery Recycler Lands $1.1B Metals Refining Deal When Fossil Fuel Supplies Falter,
- [PowerTALK™, May 2026](https://www.powersys.com/reports/powertalk-may-2026/) - In the May 2026 issue of PowerTALK News you can read articles about the Toyota-Maruti realignment in India, Vietnam's AG machinery expansion, Q1 2026 global truck production, several developments in battery production, and more. IN THIS ISSUE ALTERNATIVE POWER REPORT Zwitterions May Be Key To New Solid State Batteries GMG Reports Graphene Aluminum-Ion Energy Density Gain A Closer
- [Alternative Power Report, October 2025](https://www.powersys.com/reports/alternative-power-report-october-2025/) - In the October 2025 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on carmakers meeting EU emission requirements; India's electrification of motorcycles, US tariffs on China rare minerals, and items on hydrogen power. Read the October Alternative Power Report today. PSR Guy Youngs is Forecast and Technology
- [Alternative Power Report, November 2025](https://www.powersys.com/reports/alternative-power-report-november-2025/) - In the November 2025 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on General Motors halting production of Hydrogen fuel cells; China develops all-solid-state EV batteries with 620 mile range; plummeting battery prices will push BEVs below parity soon, and Chinese battery breakthrough could extend lithium
- [Alternative Power Report, December 2025](https://www.powersys.com/reports/alternative-power-report-december-2025/) - In the December 2025 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on slowing EV Sales, hydrogen power, battery development, China's shift from diesel powered trucks to electric, and Spain's growing emphasis on hydrogen power. Read these articles and more in the December Alternative Power Report
- [Alternative Power Report, January 2026](https://www.powersys.com/reports/alternative-power-report-january-2026/) - In the January 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on Tesla's very weak 2025 sales in Europe, CATL's winning position in the shipping electrification race, CATL's upgrade to its sodium-ion battery, and the possibility that China is running out of critical battery materials.
- [Alternative Power Report, February 2026](https://www.powersys.com/reports/alternative-power-report-february-2026/) - In the February 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on Tesla committing suicide by shifting away from auto productions, Germany's new stance on hydrogen, new 4X power sodium-ion batteries, Europe's hydrogen bus experiment, and Mercedes introducing a new solution to cut pollution. Read
- [Alternative Power Report, March 2026](https://www.powersys.com/reports/alternative-power-report-march-2026/) - In the March 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, you'll find articles on plug-in hybrid research, long-run tests of PV-powered refrigerated trailers, comparison tests of EV batteries, cutbacks in Bosch China operations, and the changing cost differential between Chinese and EU batteries. Read these articles and
- [Alternative Power Report, April 2026](https://www.powersys.com/reports/alternative-power-report-april-2026/) - The April 2026 issue of the Alternative Power Report produced by Power Systems Research and authored by Guy Youngs, features articles on problems with biofuels in Europe and how drivers consider EVs again. Read these articles and more in the April 2026 issue of Alternative Power Report today. PSR Guy Youngs is Forecast and Technology Adoption Lead at Power
- [Fenatran International Road Cargo Transport Show](https://www.powersys.com/reports/fenatran-2024-international-road-cargo-transport-show/) - Fenatran is one of the largest transport and logistics fairs in Latin America. It is held every other year in São Paulo, Brazil.
- [Hannover Messe Show Report](https://www.powersys.com/reports/hannover-messe-show-report/) - Hannover Messe (March 31 – April 4, 2025) is the world’s leading annual trade fair for industrial technology, and the show delivered AI and automation.
- [Cathode Material Developed for Cheaper EVs](https://www.powersys.com/reports/cathode-material-for-cheaper-more-sustainable-evs-developed/) - The U.S. Department of Energy (DOE) has invented and patented a cathode material that replaces lithium ions with sodium and that would be cheaper to produce.
- [DATAPOINT: NA ATVs, 2023 Production](https://www.powersys.com/reports/datapoint-na-atvs-2023-production/) - 288,000 units is the estimate by Power Systems Research of the number of ATVs to be produced in North America in 2023. ATV is a short term for All Terrain Vehicle. It commonly has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two, one in front of
- [China 2023 EV Sales To Grow To 8.4 Million Units](https://www.powersys.com/reports/2023-ev-sales-to-grow-to-8-4-million-units/) - CHINA REPORT The development trend for the new energy vehicle (EVs) market remained positive through 2022. In November, retail sales of new energy passenger vehicles reached 598,000 units, with a year-on-year growth of 58.2%. From January to November, the domestic retail sales of new energy passenger vehicles were 5.03 million units, with a year-on-year growth
- [DATAPOINT: North America Terminal Tractors](https://www.powersys.com/reports/datapoint-north-america-terminal-tractors/) - Estimated 2022 Production: 3,800 Units 3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2023. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and
- [DATAPOINT: North America Utility Vehicles, 2022 Production: 432,700 Units](https://www.powersys.com/reports/datapoint-north-america-utility-vehicles-2022-production-432700-units/) - 432,700 units is the estimate by Power Systems Research of the number of Utility Vehicles to be produced in North America (United States, Canada and Mexico) in 2022. Four-wheel off-road Utility Vehicles with side-by-side seating are designed to be used in a variety of recreational, industrial and military applications. When equipped with dumpers, they are
- [DataPoint: North America Skid Steer Loaders, 2022 Production, 92,700 Units](https://www.powersys.com/reports/datapoint-north-america-skid-steer-loaders-2022-production-92700-units/) - A Skid Steer Loader, also known as a skid loader, skid-steer loader, or skid steer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments. The four major types of skid steer loaders are Agricultural, 29%; Rental Fleets, 22%; Construction, 20%, and Landscape, 12%.
- [DATAPOINT: NA Crawlers, 2022 Production: 4,100 Units](https://www.powersys.com/reports/datapoint-na-crawlers-2022-production-4100-units/) - Crawlers come in one of three versions: Dozers, Loaders, and Excavators. Crawler Dozers are heavy, driver-operated machines used for clearing and grading land. Usually, they have continuous treads and a broad hydraulic blade in front. A Crawler Loader is a piece of mobile construction equipment used to load materials; it’s used primarily in tough, off-road
- [DATAPOINT: NA Tillers, 2022 Production: 245,000 Units](https://www.powersys.com/reports/8843/) - Tillers are used to cultivate soil to prepare a smooth area for planting. These are self-propelled, walk-behind machines which are used for home gardens or small farm areas. 245,000 units is the estimate by Power Systems Research of the number of Tillers to be produced in North America (United States and Mexico) in 2022. This
- [DATAPOINT: North America/Global Personal Watercraft. 2022 Production: 90,350 Units](https://www.powersys.com/reports/datapoint-north-america-global-personal-watercraft-2022-production-90350-units/) - 90,350 units is the estimate by Power Systems Research of the number of Personal Watercraft to be produced in North America during 2022. A PWC is a small pleasure craft that uses an inboard jet drive as its primary source of propulsion and is designed to be operated by a person or persons sitting, standing,
- [DATAPOINT. North American Pavers, 2022 Estimated Production: 2,900 Units](https://www.powersys.com/reports/datapoint-north-american-pavers-2022-estimated-production-2900-units/) - NORTH AMERICAN REPORT 2,900 units is the estimate by Power Systems Research of the number of Pavers to be produced in the U.S. and Canada during 2022. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database
- [DATAPOINT: 2022 U.S. Production Hydraulic Power: 6,800 Units](https://www.powersys.com/reports/datapoint-2022-u-s-production-hydraulic-power-6800-units/) - 6,800 units is the estimate by Power Systems Research of the number of Hydraulic Power Units to be produced in the United States during 2022. A Hydraulic Power Unit (HPU) usually refers to a self-contained, free-standing engine assembly that is used to drive one piece of equipment. HPUs are powered by internal combustion engines or
- [DATAPOINT: US Lawn & Garden Tractors, 2022 Production Estimate, 709,700 Units](https://www.powersys.com/reports/datapoint-us-lawn-garden-tractors-2022-production-estimate-709700-units/) - 709,700 units is the estimate by Power Systems Research of the number of Lawn & Garden Tractors to be produced in the United States during 2022. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of
- [DATAPOINT: North America Dumpers/Tenders, 2022 Production, 1620 Units](https://www.powersys.com/reports/8214/) - 1,620 units is the estimate by Power Systems Research of the number of Dumpers/Tenders to be produced in North America during 2022. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. Market Share:
- [North American Rollers 2021 Production:  6,245 Units](https://www.powersys.com/reports/north-american-rollers-2021-production-6245-units/) - DATAPOINT 6,245 units is the estimate by Power Systems Research of the number of rollers to be produced in North America (U.S., Canada and Mexico) during 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database
- [DATAPOINT: North American Golf Cars 2021 Production: 56,200 Units](https://www.powersys.com/reports/datapoint-north-american-golf-cars-2021-production-56200-units/) - 56,200 units is the estimate by Power Systems Research of the number of golf cars to be produced in North America during 2021. In this report, we consider North America to be the United States. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides
- [DATAPOINT: 2021 NA Production of Tractors](https://www.powersys.com/reports/datapoint-2021-na-production-of-tractors/) - 101,500 units is the estimate by Power Systems Research of the number of tractors to be produced in North America during 2021. In this report, we consider North America to include Canada, Mexico and the United States. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ ,
- [DATAPOINT: 2021 NA Golf Car Production](https://www.powersys.com/reports/datapoint-2021-na-golf-car-production/) - Today Joe Delmont presents the 2021 forecast for Combine production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.
- [DATAPOINT: 2021 North America Combines](https://www.powersys.com/reports/datapoint-2021-north-america-combines/) - Today Joe Delmont presents the 2021 forecast for Combine production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 From Power Systems
- [DATAPOINT: 2021 NA Motorcycle Production](https://www.powersys.com/reports/datapoint-2021-na-motorcycle-production/) - Today Joe Delmont presents the 2021 forecast for Motorcycle production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 From Power Systems
- [DATAPOINT: 2021 Tactical Military Vehicles](https://www.powersys.com/reports/datapoint-2021-tactical-military-vehicles/) - Today Joe Delmont presents the 2021 forecast for Tactical Military Equipment production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 From
- [DATAPOINT: 2021 Outboard Motors](https://www.powersys.com/reports/datapoint-2021-outboard-motors/) - Today Joe Delmont presents the 2021 forecast for global Outboard motor production in North Ameria, Japan, Brazil, China and Thailand. This forecast has been developed by Carol Turner, senior analyst of global operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications. Transcript Welcome to the PSR PowerTALK podcast produced by
- [DataPoint: US Crawlers, 2021 Production: 4,100 Units](https://www.powersys.com/reports/datapoint-us-crawlers-2021-production-4100-units/) - Today Joe Delmont presents the 2021 forecast for Crawler production in North America. This forecast has been developed by Carol Turner, senior analyst of global operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications. 4,100 units is the estimate by Power Systems Research of the number of crawlers to be
- [DATAPOINT: Personal Watercraft, 2021 NA Production: 104200 Units](https://www.powersys.com/reports/datapoint-personal-watercraft-2021-na-production-104200-units/) - Power Systems Research forecasts that the number of personal watercraft produced in North America in 2021 will reach 104,200 units; an increase over 2020 levels of about 24%. This forecast has been developed by Carol Turner, Senior Analyst – Global Operations, at Power Systems Research. Transcript Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 00:06 From Power
- [DATAPOINT: NA Excavators, 2021 Production: 19,900 Units](https://www.powersys.com/reports/datapoint-na-excavators-2021-production-19900-units/) - 19,900 units is the estimate by Power Systems Research of the number of Excavators to be produced in North America in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. Market Share:
- [DATAPOINT: NA Harvesters, 2021 Production, 550 Units](https://www.powersys.com/reports/datapoint-na-harvesters-2021-production-550-units/) - 550 units is the estimate by Power Systems Research of the number of Harvesters to be produced in North America in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. Market Share: Dominating the NA market for
- [DataPoint 2021 UTV Production](https://www.powersys.com/reports/datapoint-2021-utv-production/) - Today, PSR PowerTALK Editor Joe Delmont presents the Power Systems Research 2021 North American Utility Vehicle production outlook. We estimate that North American wheel loader production this year will reach 440,100 units; about even with 2020 levels. This forecast has been developed by Carol Turner, Senior Analyst - Global Operations, at Power Systems Research. Transcript
- [Datapoint: 2021 Grader](https://www.powersys.com/reports/datapoint-2021-grader/) - Today, PSR PowerTALK Editor Joe Delmont presents the Power Systems Research 2021 North American Grader production outlook. We estimate that North American grader production this year will reach 2325 units; up about 8% from 2020 levels. This forecast has been developed by Carol Turner, senior analyst-global operations, at Power Systems Research. Transcript Welcome to the
- [DATAPOINT: NA Skid Steer Loaders, 2021 Production Forecast: 95,100 Units](https://www.powersys.com/reports/datapoint-na-skid-steer-loaders-2021-production-forecast-95100-units/) - 95,100 units is the estimate by Power Systems Research of the number of Skid Steer Loaders to be produced in North America (Canada and the U.S.) in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a
- [DATAPOINT: NA Scooters, 2021 Production, 431,900](https://www.powersys.com/reports/datapoint-na-scooters-2021-production-431900/) - 431,900 units is the estimate by Power Systems Research of the number of Scooters to be produced in North America (Mexico and the U.S.) in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of
- [DATAPOINT: 2021 US ATV Production,  301,000 Units](https://www.powersys.com/reports/datapoint-2021-us-atv-production-301000/) - 301,000 units is the estimate by Power Systems Research of the number of ATVs to be produced in Mexico and the U.S. in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
- [DATAPOINT: Global Snowmobiles, 2021 Production, 107,250 Units](https://www.powersys.com/reports/datapoint-global-snowmobiles-2021-production-107250-units/) - 107,250 units is the estimate by Power Systems Research of the number of Snowmobiles to be produced in Canada, Finland, Italy, Japan, and the U.S. in 2021. This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database
- [DataPoint: U.S. Trenchers, 2020 Production Estimate,  5,768 Units](https://www.powersys.com/reports/datapoint-u-s-trenchers-2020-production-estimate-5768-units/) - The 5,768 units is the estimate by Power Systems Research of the number of Trenchers to be produced in the U.S. in 2020.
- [DataPoint: 2020 Production Estimate, NA Skid Steer Loaders](https://www.powersys.com/reports/datapoint-20202-production-estimate-na-skid-steer-loaders/) - 105,900 is the estimated number of Skid Steer Loaders to be produced in North America (Canada and the United States) in 2020, according to Power Systems Research.
- [DATAPOINT: US Lawn & Garden Tractors, 2020 Forecast: 681,500 Units](https://www.powersys.com/reports/datapoint-us-lawn-garden-tractors-2020-forecast-681500-units/) - 681,500 units is the estimate by Power Systems Research of the number of Lawn & Garden Tractors to be produced in the United States in 2020.
- [DataPoint. NA Tillers 2020 Forecast: 261,100 Units](https://www.powersys.com/reports/datapoint-na-tillers-2020-forecast-261100-units/) - Power Systems Research estimates the number of tillers to be produced in North America (Mexico and the U.S.) in 2020 to be 261,100 units.
- [DATAPOINT: 2020 NA Off-Highway Truck Production Forecast Is 1,200 Units](https://www.powersys.com/reports/datapoint-2020-na-off-highway-truck-production-forecast-is-1200-units/) - The 1,200 units is the estimate by Power Systems Research of the number of Off-Highway Trucks to be produced in North America (Canada and the U.S.) in 2020.
- [DATAPOINT: US Combines, 2020 NA Production Forecast--6,300 units](https://www.powersys.com/reports/datapoint-us-combines-2020-na-production-forecast-6300-units/) - The 6,300 units is the estimate by Power Systems Research of the number Combines to be produced in the U.S. in 2020.
- [2020 Wheel Loaders/Dozers Production Forecast: 20,200](https://www.powersys.com/reports/2019-wheel-loaders-dozers-production-forecast-20200/) - This is the estimate by Power Systems Research of the number of Wheel Loaders to be produced in the United States in 2019. Final numbers are being compiled.
- [2019 North American Personal Watercraft (PWC) Production](https://www.powersys.com/reports/na-personal-watercraft-pwc-2019-production/) - 2019 North America Personal Watercraft (PWC) Production is estimated to be 88,200 Estimated 2019 production will be down about 1,300 units, or 1.5%, from 2018.
- [US Combines](https://www.powersys.com/reports/us-combines/) - 2019 US Production Forecast to Climb 2% 6800 Units This information originally appeared in the July 2019 issue of PowerTALK. By Carol Turner, Senior Analyst, Global Operations This is the estimate by Power Systems Research of the number of Combines that will be produced in the United States during 2019. Estimated 2019 production will be up
- [Off-Highway Truck Production](https://www.powersys.com/reports/data-point/) - 2019 NA Production About The Same as 2018 1400 Units This information originally appeared in the August 2019 issue of PowerTALK. Carol Turner is Senior Analyst, Global Operations Fourteen hundred units is the estimate, by Power Systems Research, of the number of Off-Highway Trucks that will be produced in the United States and Canada during

## Segments

- [Agriculture](https://www.powersys.com/news/agriculture/)
- [2-Wheel Tractors](https://www.powersys.com/news/agriculture/2-wheel-tractors/)
- [Ag Tractors](https://www.powersys.com/news/agriculture/ag-tractors/)
- [Balers](https://www.powersys.com/news/agriculture/balers/)
- [Combines](https://www.powersys.com/news/agriculture/combines/)
- [Sprayers](https://www.powersys.com/news/agriculture/sprayers/)
- [Windrowers](https://www.powersys.com/news/agriculture/windrowers/)
- [Other Ag Equipment](https://www.powersys.com/news/agriculture/other-ag-equipment/)
- [Construction](https://www.powersys.com/news/construction/)
- [Bore/Drill Rigs](https://www.powersys.com/news/construction/bore-drill-rigs/)
- [Crawlers](https://www.powersys.com/news/construction/crawlers/)
- [Excavators](https://www.powersys.com/news/construction/excavators/)
- [Finishing Equipment](https://www.powersys.com/news/construction/finishing-equipment/)
- [Forestry Equipment](https://www.powersys.com/news/construction/forestry-equipment/)
- [Graders](https://www.powersys.com/news/construction/graders/)
- [Mixers](https://www.powersys.com/news/construction/mixers/)
- [Off-Highway Tractors](https://www.powersys.com/news/construction/off-highway-tractors/)
- [Off-Highway Trucks](https://www.powersys.com/news/construction/off-highway-trucks/)
- [Pavers](https://www.powersys.com/news/construction/pavers/)
- [Plate Compactors](https://www.powersys.com/news/construction/plate-compactors/)
- [Rollers](https://www.powersys.com/news/construction/rollers/)
- [Scrapers](https://www.powersys.com/news/construction/scrapers/)
- [Skid Steer Loaders](https://www.powersys.com/news/construction/skid-steer-loaders/)
- [Tampers/ Rammers](https://www.powersys.com/news/construction/tampers-rammers/)
- [Tractor/ Loader/ Backhoes](https://www.powersys.com/news/construction/tractor-loader-backhoes/)
- [Trenchers](https://www.powersys.com/news/construction/trenchers/)
- [Underground Mining Equipment](https://www.powersys.com/news/construction/underground-mining-equipment/)
- [Wheel Loaders and Dozers](https://www.powersys.com/news/construction/wheel-loaders-and-dozers/)
- [Other Construction Equipment](https://www.powersys.com/news/construction/other-construction-equipment/)
- [Industrial](https://www.powersys.com/news/industrial/)
- [Aerial Lifts](https://www.powersys.com/news/industrial/aerial-lifts/)
- [Air Compressors](https://www.powersys.com/news/industrial/air-compressors/)
- [Aircraft Support Equipment](https://www.powersys.com/news/industrial/aircraft-support-equipment/)
- [Industrial Chippers/ Grinders](https://www.powersys.com/news/industrial/industrial-chippers-grinders/)
- [Concrete and Industrial Saws](https://www.powersys.com/news/industrial/concrete-and-industrial-saws/)
- [Cranes](https://www.powersys.com/news/industrial/cranes/)
- [Crushing & Processing Equipment](https://www.powersys.com/news/industrial/crushing-processing-equipment/)
- [Dumpers/ Tenders](https://www.powersys.com/news/industrial/dumpers-tenders/)
- [Forklifts](https://www.powersys.com/news/industrial/forklifts/)
- [Gas Compressors](https://www.powersys.com/news/industrial/gas-compressors/)
- [Hydraulic Power Units](https://www.powersys.com/news/industrial/hydraulic-power-units/)
- [Irrigation Sets](https://www.powersys.com/news/industrial/irrigation-sets/)
- [Light Towers and Arrow/Message Boards](https://www.powersys.com/news/industrial/light-towers-and-arrow-message-boards/)
- [Oil Field Equipment](https://www.powersys.com/news/industrial/oil-field-equipment/)
- [Pressure Washers](https://www.powersys.com/news/industrial/pressure-washers/)
- [Pumps](https://www.powersys.com/news/industrial/pumps/)
- [Railway Maintenance Equipment](https://www.powersys.com/news/industrial/railway-maintenance-equipment/)
- [Refrigeration/ AC Equipment](https://www.powersys.com/news/industrial/refrigeration-ac-equipment/)
- [Rough Terrain Forklifts](https://www.powersys.com/news/industrial/rough-terrain-forklifts/)
- [Scrubbers and Sweepers](https://www.powersys.com/news/industrial/scrubbers-and-sweepers/)
- [Specialty Vehicles and Carts](https://www.powersys.com/news/industrial/specialty-vehicles-and-carts/)
- [Surfacing Equipment](https://www.powersys.com/news/industrial/surfacing-equipment/)
- [Tactical Military Equipment](https://www.powersys.com/news/industrial/tactical-military-equipment/)
- [Terminal Tractors](https://www.powersys.com/news/industrial/terminal-tractors/)
- [Utility Vehicles](https://www.powersys.com/news/industrial/utility-vehicles/)
- [Welders](https://www.powersys.com/news/industrial/welders/)
- [Other Industrial Equipment](https://www.powersys.com/news/industrial/other-industrial-equipment/)
- [Other Material Handling Equipment](https://www.powersys.com/news/industrial/other-material-handling-equipment/)
- [Lawn and Garden](https://www.powersys.com/news/lawn-and-garden/)
- [Chainsaws](https://www.powersys.com/news/lawn-and-garden/chainsaws/)
- [Chippers](https://www.powersys.com/news/lawn-and-garden/chippers/)
- [Commercial Mowers](https://www.powersys.com/news/lawn-and-garden/commercial-mowers/)
- [Turf Equipment](https://www.powersys.com/news/lawn-and-garden/turf-equipment/)
- [Lawn and Garden Tractors](https://www.powersys.com/news/lawn-and-garden/lawn-and-garden-tractors/)
- [Lawn Mowers](https://www.powersys.com/news/lawn-and-garden/lawn-mowers/)
- [Leaf Blowers and Vacuums](https://www.powersys.com/news/lawn-and-garden/leaf-blowers-and-vacuums/)
- [Rear Engine Rider Mowers](https://www.powersys.com/news/lawn-and-garden/rear-engine-rider-mowers/)
- [Shredders](https://www.powersys.com/news/lawn-and-garden/shredders/)
- [Snowblowers](https://www.powersys.com/news/lawn-and-garden/snowblowers/)
- [Tillers](https://www.powersys.com/news/lawn-and-garden/tillers/)
- [Trimmer/ Edger/ Cutters](https://www.powersys.com/news/lawn-and-garden/trimmer-edger-cutters/)
- [Zero-Turn Mowers](https://www.powersys.com/news/lawn-and-garden/zero-turn-mowers/)
- [Other Lawn and Garden Equipment](https://www.powersys.com/news/lawn-and-garden/other-lawn-and-garden-equipment/)
- [Light Commercial Vehicles](https://www.powersys.com/news/light-commercial-vehicles/)
- [Light Bus Chassis](https://www.powersys.com/news/light-commercial-vehicles/light-bus-chassis/)
- [Pickups and Light Commercial Vehicles](https://www.powersys.com/news/light-commercial-vehicles/pickups-and-light-commercial-vehicles/)
- [Trucks Class 3 (3.51 - 6 tonnes)](https://www.powersys.com/news/light-commercial-vehicles/trucks-class-3-3-51-6-tonnes/)
- [Marine Auxiliary](https://www.powersys.com/news/marine-auxiliary/)
- [Marine Auxiliary](https://www.powersys.com/news/marine-auxiliary/marine-auxiliary-marine-auxiliary/)
- [Marine Propulsion](https://www.powersys.com/news/marine-propulsion/)
- [Commercial Vessel Engines](https://www.powersys.com/news/marine-propulsion/commercial-vessel-engines/)
- [Outboard Engines](https://www.powersys.com/news/marine-propulsion/outboard-engines/)
- [Pleasure Craft Engines](https://www.powersys.com/news/marine-propulsion/pleasure-craft-engines/)
- [Medium and Heavy Vehicles](https://www.powersys.com/news/medium-and-heavy-vehicles/)
- [Bus Chassis](https://www.powersys.com/news/medium-and-heavy-vehicles/bus-chassis/)
- [Motor Home Chassis](https://www.powersys.com/news/medium-and-heavy-vehicles/motor-home-chassis/)
- [Trucks Class 4 (6.1-10 tonnes)](https://www.powersys.com/news/medium-and-heavy-vehicles/trucks-class-4-6-1-10-tonnes/)
- [Trucks Class 5 (6.1-10 tonnes)](https://www.powersys.com/news/medium-and-heavy-vehicles/trucks-class-5-6-1-10-tonnes/)
- [Trucks Class 6 (10.1 - 12 tonnes)](https://www.powersys.com/news/medium-and-heavy-vehicles/trucks-class-6-10-1-12-tonnes/)
- [Trucks Class 7 (12.1 - 16 tonnes)](https://www.powersys.com/news/medium-and-heavy-vehicles/trucks-class-7-12-1-16-tonnes/)
- [Trucks Class 8 (>16 tonnes)](https://www.powersys.com/news/medium-and-heavy-vehicles/trucks-class-8-16-tonnes/)
- [Minivans and SUVs](https://www.powersys.com/news/minivans-and-suvs/)
- [Minivans and SUVs](https://www.powersys.com/news/minivans-and-suvs/minivans-and-suvs-minivans-and-suvs/)
- [Passenger Cars](https://www.powersys.com/news/passenger-cars/)
- [Passenger Cars](https://www.powersys.com/news/passenger-cars/passenger-cars-passenger-cars/)
- [Power Generation](https://www.powersys.com/news/power-generation/)
- [Generator Sets](https://www.powersys.com/news/power-generation/generator-sets/)
- [Railway](https://www.powersys.com/news/railway/)
- [Locomotives](https://www.powersys.com/news/railway/locomotives/)
- [Self-Propelled Railcars](https://www.powersys.com/news/railway/self-propelled-railcars/)
- [Recreational Products](https://www.powersys.com/news/recreational-products/)
- [Go Karts](https://www.powersys.com/news/recreational-products/go-karts/)
- [Golf Cars](https://www.powersys.com/news/recreational-products/golf-cars/)
- [Motorcycles and ATVs](https://www.powersys.com/news/recreational-products/motorcycles-and-atvs/)
- [Personal Water Craft](https://www.powersys.com/news/recreational-products/personal-water-craft/)
- [Snowmobiles](https://www.powersys.com/news/recreational-products/snowmobiles/)
- [Marine Craft](https://www.powersys.com/news/marine-craft/)

## Offices

- [China Office](https://www.powersys.com/global-offices/china/)
- [India Office](https://www.powersys.com/global-offices/india/)
- [Brazil Office](https://www.powersys.com/global-offices/brazil/)
- [Japan Office](https://www.powersys.com/global-offices/japan/)
- [Europe Office](https://www.powersys.com/global-offices/europe/)
- [Russia](https://www.powersys.com/global-offices/russia/)
- [United States Offices](https://www.powersys.com/global-offices/united-states/)

## Newsletter Sections

- [Brazil/South America](https://www.powersys.com/newsletter-section/1bsa/) - Posts about Braazil/South America
- [europe](https://www.powersys.com/newsletter-section/1eu/) - Posts about Europe
- [North America](https://www.powersys.com/newsletter-section/1na/) - Posts about North America
- [Alternative Power](https://www.powersys.com/newsletter-section/1alt/) - Posts about Alternative Power
- [India](https://www.powersys.com/newsletter-section/1-ind/) - Posts about India
- [china](https://www.powersys.com/newsletter-section/1ch/) - Posts about China
- [Global](https://www.powersys.com/newsletter-section/1glo/) - Posts about Global subjecgs
- [DATAPOINT](https://www.powersys.com/newsletter-section/1dp/) - Posts about DataPoint
- [Indonesia](https://www.powersys.com/newsletter-section/1indones/) - Posts about Indonesia
- [Japan](https://www.powersys.com/newsletter-section/1jp/) - Posts about Japan
- [Southeast Asia](https://www.powersys.com/newsletter-section/1sea/) - Posts about Southeast Asia
- [South Korea](https://www.powersys.com/newsletter-section/1sk/) - Posts about South Korea
- [Truck Production Index](https://www.powersys.com/newsletter-section/1tpi/) - Describes PSR Truck Production Index
- [Show Reports](https://www.powersys.com/newsletter-section/show-reports/)
- [thailand](https://www.powersys.com/newsletter-section/1tl/)
- [South America/Brazil](https://www.powersys.com/newsletter-section/1sa/)
- [TPI](https://www.powersys.com/newsletter-section/tpi/)
- [Tariff](https://www.powersys.com/newsletter-section/tariff/)
- [show news](https://www.powersys.com/newsletter-section/show-news/)
- [Tariff Topics](https://www.powersys.com/newsletter-section/tariff-topics/)
- [Vietnam](https://www.powersys.com/newsletter-section/vietnam/)
- [Company News](https://www.powersys.com/newsletter-section/company-news/)
- [Truck Production](https://www.powersys.com/newsletter-section/truck-production/)

## Report Types

- [PowerTALK Reports](https://www.powersys.com/reports/type/powertalk/)
- [TPI Reports](https://www.powersys.com/reports/type/tpi/)
- [Alternative Power Reports](https://www.powersys.com/reports/type/alternative-power/)
- [DataPoint Reports](https://www.powersys.com/reports/type/datapoint/)
- [Show Reports](https://www.powersys.com/reports/type/show/)

## Regions

- [Global](https://www.powersys.com/region/global/) - Cross-regional content applicable to all markets worldwide.
- [Africa](https://www.powersys.com/region/global/africa/) - All African nations.
- [Australasia](https://www.powersys.com/region/global/australasia/) - Australia, New Zealand, and Pacific Island nations.
- [Central Asia](https://www.powersys.com/region/global/central-asia/) - Afghanistan, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Uzbekistan.
- [Central/South America](https://www.powersys.com/region/global/central-south-america/) - Central America, South America, and Caribbean nations.
- [Eurasia](https://www.powersys.com/region/global/eurasia/) - Russia, Belarus, Ukraine, and other former Soviet nations.
- [Europe](https://www.powersys.com/region/global/europe/) - EU member states and non-EU European countries, excluding Eurasia.
- [Far East](https://www.powersys.com/region/global/far-east/) - Japan and South Korea.
- [Greater China](https://www.powersys.com/region/global/greater-china/) - Mainland China, Hong Kong, Macao, Taiwan.
- [Indian Subcontinent](https://www.powersys.com/region/global/indian-subcontinent/) - Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka.
- [North America](https://www.powersys.com/region/global/north-america/) - Canada, Greenland, Mexico, United States.
- [Southeast Asia](https://www.powersys.com/region/global/southeast-asia/) - Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam.
- [Argentina](https://www.powersys.com/region/global/central-south-america/argentina/) - Argentina.
- [Brazil](https://www.powersys.com/region/global/central-south-america/brazil/) - Brazil.
- [Chile](https://www.powersys.com/region/global/central-south-america/chile/) - Chile.
- [Colombia](https://www.powersys.com/region/global/central-south-america/colombia/) - Colombia.
- [Peru](https://www.powersys.com/region/global/central-south-america/peru/) - Peru.
- [Russia](https://www.powersys.com/region/global/eurasia/russia/) - Russian Federation.
- [United Kingdom](https://www.powersys.com/region/global/europe/united-kingdom/) - England, Scotland, Wales, Northern Ireland.
- [Japan](https://www.powersys.com/region/global/far-east/japan/) - Japan.
- [South Korea](https://www.powersys.com/region/global/far-east/south-korea/) - South Korea (Republic of Korea).
- [Taiwan](https://www.powersys.com/region/global/greater-china/taiwan/) - Taiwan (Republic of China).
- [Mexico](https://www.powersys.com/region/global/north-america/mexico/) - Mexico.
- [Indonesia](https://www.powersys.com/region/global/southeast-asia/indonesia/) - Indonesia.
- [Philippines](https://www.powersys.com/region/global/southeast-asia/philippines/) - Philippines.
- [Thailand](https://www.powersys.com/region/global/southeast-asia/thailand/) - Thailand.
- [Vietnam](https://www.powersys.com/region/global/southeast-asia/vietnam/) - Vietnam.

## Topics

- [Alternative Power](https://www.powersys.com/topic/alternative-power/)
- [Alternative Power Reports](https://www.powersys.com/topic/alternative-power-reports/)
- [AltPwr](https://www.powersys.com/topic/alternative-power/altpwr/)
- [Artificial Intelligence (AI)](https://www.powersys.com/topic/artificial-intelligence-ai/)
- [Autonomous](https://www.powersys.com/topic/autonomous/)
- [Batteries](https://www.powersys.com/topic/batteries/)
- [Components](https://www.powersys.com/topic/components/)
- [COVID-19](https://www.powersys.com/topic/covid-19/)
- [Economics](https://www.powersys.com/topic/economics/)
- [Edge Computing](https://www.powersys.com/topic/edge-computing/)
- [Electrification](https://www.powersys.com/topic/electrification/)
- [Emissions](https://www.powersys.com/topic/emissions/)
- [eMobility](https://www.powersys.com/topic/emobility/)
- [EV](https://www.powersys.com/topic/ev/)
- [EV Charger](https://www.powersys.com/topic/alternative-power/ev-charger/)
- [Events](https://www.powersys.com/topic/events/)
- [FENATRAN](https://www.powersys.com/topic/events/fenatran/)
- [Financial](https://www.powersys.com/topic/financial/)
- [Fuel Cells](https://www.powersys.com/topic/alternative-power/fuel-cells/)
- [GIE+EXPO](https://www.powersys.com/topic/events/gieexpo/)
- [Heat and Power Show](https://www.powersys.com/topic/events/heat-and-power-show/)
- [Hybrid](https://www.powersys.com/topic/hybrid/)
- [Hydrogen](https://www.powersys.com/topic/hydrogen/)
- [Industry News](https://www.powersys.com/topic/industry-news/)
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