Electrification News & Analysis

Electrification

Battery Electric Trends & Analysis

Follow PSR’s team of analysts as they track the rapidly expanding global battery electric power market, including, battery technology, transportation, eMobility, mergers and acquisitions and more.

  • 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 size of the battery to extend the cruising range due to the small size of the vehicle, and thus the frequency of recharging is…

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  • 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.

    Michael Aistrup
    Michael Aistrup

    Polaris INDUSTRIES, Minneapolis, is planning to debut a new electric Ranger utility side-by-side in December 2021. The Ranger will be the first electric vehicle Polaris has developed through their partnership with Zero Motorcycles. 

    The electric Ranger is the first product in Polaris’s long-term plan to accelerate its leadership in powersports electrification. Production will take place in Polaris’s Huntsville, AL facility.

    Bombardier Recreational Products Inc. (BRP), which owns popular brands such as Can-Am, Rotax, Sea-Doo and Ski-Doo, plans to offer electric models in each of its product lines by the end of 2026. The company is investing $300 million in product development and production facilities.

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  • China and South Korea Increase Investment in Indonesia

    Akihiro Komuro
    Akihiro Komuro

    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 investment to date, has seen a clear decline of 40% to $2.6 billion. Singapore ranked first in FDI in 2020 with $9.8 billion, followed by China and Japan in second and third place, then the European Union in fourth place, and South Korea in fifth place.

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  • 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 equipment, improving fuel efficiency, and encouraging customers to use their construction equipment more efficiently, etc.

    The company will respond to the fact that ESG (Environmental, Social and Corporate Governance) investors are emphasizing the reduction of emissions, including those of customers.

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  • Beijing Accelerates “Fuel for Battery” Policy

    Qin Fen
    Qin Fen

    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 to fleet companies on more favorable terms than ICE powered cargo vehicles.

    There will be a government transportation center to monitor every battery-powered vehicle on operating range, GPS, etc., in case someone embezzles government subsidy.

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  • 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 the EV and Diesel Trucks, Foton will evaluate the potential for a CNG Trucks for launch after the EV, but it has shorter term potential for higher volumes.

    Source: O Estado de São Paulo      Read The Article

    PSR…

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  • 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 MotorcyclesDataPoint: Global SnowmobilesEurope: Volvo Penta Plans Zero EmissionsSouth America: Brazil Vehicle Exports Up 22%Taiwan: Innovation Powers Gorgoro NetworkJapan: Honda Launches Electric BikeSouth Korea: Hyundai Offers Custom EVsIndonesia: New Tesla Investment?India:…

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  • 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 transport market. It changes the scale of the business and our respect to own product,” says KAMAZ general director Sergey Kogogin.

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  • Union Budget 2021 Misses Mark for Autos

    Aditya Kondejkar

    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 first time in 17 years.

    The automotive industry is the key stakeholder of the country’s economy. It suffered extensive sluggishness in the past 10-12 quarters after introducing GST, the new safety norms, insurance regulations, axle, and emission norms. These led to a hefty increase in purchase costs. The industry was waiting for direct announcements to reduce purchase cost and improve customer sentiment

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  • Tesla Proposes Investment in Indonesia to Promote EV Industry

    Akihiro Komuro
    Akihiro Komuro

    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 of the talks between Indonesia and Tesla cannot be disclosed due to confidentiality agreements, but it is said that they have mainly discussed battery and energy storage solutions. The Indonesian vice-minister said, “If Tesla only wants to buy raw materials, we are not interested. The proposal is more than the procurement of raw materials and extends to energy storage systems such as MegaPack, PowerPack and Powerwall,” he said.

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