Off-Highway Equipment

  • 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 sales.

    Source: Valor Economico      Read The Article

    PSR Analysis: With the increased production volume from new products made in Brazil, such as Wheel Loaders, JCB…

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  • DATAPOINT: North American Golf Cars 2021 Production: 56,200 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 information on engines, and OE Link™, a database of equipment manufacturers.

    Market Share:  With 42% of total units produced, Yamaha Motor leads in production of gas-powered Golf Cars in the United States.  In second position is Textron (EZGO) with 32%; third, is Club car with 26%.

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  • Weichai Delivers 150-Ton Mining Trucks

    Jack Hao
    Jack Hao

    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 Nm high torque 8-speed gearbox + 60-ton drive axle. The operation equals the output of two trucks, which significantly reduces the number of vehicles need for a specific job, greatly reduces operating costs, and brings considerable economic benefits to customers

    Source:  Weichai Power  Read The Article

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  • 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 the number of all diesel vehicles increased by 9% during the same period. The government has pointed out that diesel vehicles are the main culprit of particulate matter…

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  • Komatsu Invests in Production and Service Center in Pará

    Fabio Ferraresi
    Fabio Ferraresi

    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 export.

    Source: Automotive Business     Read The Article

    PSR Analysis: Pará is an important region for mining where companies like Vale are located and demand…

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  • 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 state is trying to change Ford executives mind about the decision.

    Source: Autoespoerte / O Globo    Read The Article

    PSR Analysis: Troller T4 holds an important share of the sports…

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  • 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 6×6 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 truck will use a KAMAZ R6 engine of 450 hp, and the nominal output of every electric motor will be 517 hp. The load capacity of Hercules is 40 tons, and the full weight is 75 tons. A light option with 4×4 format and 25-ton capacity are also in the plans.

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  • Sony Joins Komatsu’s 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 established by Komatsu in 2017. The investors will be substantially replaced, and some members of Komatsu’s digital unit will be transferred to the new company.

    After approval by overseas authorities, Komatsu will provide 54.5%, NTT DoCoMo 35.5%, and Sony Semiconductor Solutions and Nomura Research Institute (NRI) 5% each. The company is well capitalized with more than 15 billion yen. Newly added to the list are Sony and NRI. Sony has an advantage in image sensors. NRI will provide its expertise in developing digitalization solutions.

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  • 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 Australian Energix Energy and petrochemical as British Petrol are also behind the investment plans.

    Source: Valor     Read The Article

    PSR Analysis: The investment is…

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  • Strong Post-pandemic Growth Expected into 2022-23 for North America

    Yosyf Sheremeta
    Yosyf Sheremeta

    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 and policies.

    Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation. 

    During H1 2021, we witnessed a strong level of activities and a rebound for many industries.  As local governments eased lockdown restrictions, service-oriented industries gained traction and that translated to an overall increase of economic activities across many industries. 

    We expect this level of rebound to continue and we now expect even stronger overall growth for 2021.  The US economy is on track to reach or even surpass the growth level of 1984 – the highest one since 1950s.  In the near term, consumer spending will help drive demand and support the strong growth trend.

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