Doosan Sells 10,000 Excavators in China in H1 2020

News: Off-Highway Equipment

2020-08-23

Doosan Sells 10,000 Excavators in China in H1 2020

Doosan Infracore announced that it sold 10,728 hydraulic excavators in China in H1 2020. This is the company’s largest sales volume in nine years since it sold more than 12,000 units in the market in H1 2011. The company sold 1,320 excavators in June, a 23% increase in sales over the previous year.

Akihiro Komuro
Akihito Komuro

China’s hydraulic excavator market suffered a slowdown in the first two months of the year due to COVID-19 but is now consistently showing signs of a rapid recovery. Overall sales in the Chinese hydraulic excavator market exceeded 155,000 units in H1 2020, significantly exceeding the 125,000 units sold nationwide in H1 2019.

Source: Kikai-News (The original article was partially revised by the author.)

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Kubota To Build Factory for Small CN Equipment in US

FAR EAST: JAPAN REPORT

Kubota will invest up to US$ 93.9 Million (10 billion yen) by 2026 to build a factory for small construction equipment in the US. The company will manufacture crawler-driven models used for residential construction and other purposes locally to increase the production by 25%.

Akihiro Komuro
Akihito Komuro

With COVID-19, there is a movement of people moving from the city center to the suburbs in the US. Kubota expects that the demand for small construction equipment will increase in the regions where it has sales channels and aims to become the largest manufacturer in the US by increasing production. First, they will invest 5.6 billion yen (56 Million USD) to build a new factory in Kansas.

The company will start mass production of its “Compact Track Loader (CTL)” in September 2022. By 2023, annual production will reach 3,000 units. Depending upon demand, the company could be producing 5,000 units annually by 2026. Japan is producing about 20,000 of the same model. With the addition of 5,000 units from the United States, the total production will increase by about 25%.

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2020-07-26

Rural Economy Helping Ride Out COVID Impact

With extended lockdowns in most parts of India, the production of all non-essentials was at a halt or at minuscule levels in April and May until the economy was unlocked. This move reduced demand in the short-term, but owing to intrinsic domestic demand, we are optimistic about future business expectations

Aditya Kondejkar

Better Outlook of Rural Economy

However, hope has arisen from India’s rural part as the agriculture sector appears to have been relatively less impacted by the lockdown. This part of the country never truly went into a harsh lockdown, and thus procurement, harvest, and consumer activities have remained unaffected. Farming continued during the lockdown, especially for rice and wheat cultivation. The return of migrant workers caused a surplus of agricultural labor. This resulted in the fact – more land was brought under cultivation than ever before. As a result, the country has witnessed a good season of rabi harvest.

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Europe Stage V Emissions Standard Officially Delayed

Regulation (EU) 2020/1040 to amend Regulation (EU) 2016/1628 on Stage V emissions for non-road mobile machinery (NRMM) was published July 17 in the Official Journal of the European Union.

Emiliano Marzoli
Emiliano Marzoli

This final step of the legislative process confirms that the 12-month extension of certain transitional provisions is officially EU law and is applicable retroactively from July 1, 2020.

This amendment to the Stage V Regulation extends by 12 months the June 30, 2020, and December31, 2020, deadlines for the production and placing on the market of NRMM and tractors fitted with transition engines <56kW and ≥130kW.

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2020-06-15

COVID19 Special Report – Brazil Market Update

Power Systems Research published in the June 13  issue of Automotive Business magazine a high level update on perspectives of MHV and Off-Highway segments. See the article at the link below and translated presentation.

Carlos Briganti
Carlos Briganti

Source: PSR at Automotive Business     Read The Article

PSR Analysis: Although ANFAVEA published a decreased forecast, we believe that the decrease will be lower than the Light Vehicles decrease. Metrics we follow, such as Diesel consumption and the number of Vehicles going through tolls by weight category, show a lower impact in Commercial Vehicles. Other factors: a smaller than expected reduction during the pandemic isolation, agribusiness remaining strong and a lower than expected impact on mining/construction.

Carlos Briganti Is Managing Director, Power Systems Research – SA

2020-05-23

Russia: KAMAZ Tests Driverless Trucks in Arctic

KAMAZ driverless trucks have been tested in the Eastern-Messoyakh oilfield in the Nenetsky region. The vehicles were driven 2,500 kilometers without accidents.

Maxim Sakov
Maxim Sakov

The joint project of Gazpromneft and KAMAZ was put together with support of region authorities in difficult climate conditions beyond the Polar Circle. The main target of tests was to determine the efficiency of driverless trucks, which would increase safety of cargo transportation and optimize supplies to territories with difficult access.

During the tests, the driverless trucks showed high potential to move on pre-set routes with high accuracy, to exchange information via duplicated communication systems, to recognize obstacles and forecast movements on actual environment.

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A New Class of Hybrids

The word “hybrid” in the power generation universe has generally been understood to mean a fossil-fuel engine supplemented by another power source, usually a renewable.

Tyler Wiegert
Tyler Wiegert

Then, the word grew to include vehicles and equipment that ran primarily on battery power but could be switched to a smaller engine that would recharge the battery while it ran.

Now, we are entering a time when “hybrid” includes drive systems that are primarily renewable-based and supplemented by an additional renewable system.

In this sphere, alternative power has primarily meant batteries and hydrogen fuel cells; one of the major impediments to wide adoption has always been range.

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2020-04-24

Outdoor Recreation Group Creates COVID-19 Guide

The Outdoor Recreation Roundtable (ORR), a coalition of outdoor recreation trade associations and organizations, has published on their web site (www.recreationalroundtable .org) a guide for their members on the Outdoor Recreation Industry and the Coronavirus. Included on the site are Federal, State and Industry Resources, ORR’s letter to the President, Governors and Federal Government on the impact and recommendations to the Coronavirus crisis.

The site also has suggestions on what small businesses and policy makers can do to support efforts to combat the virus. The link for the informational site at ORR is: https://recreationroundtable.org/coronavirus/

PSR can support members of many of these organizations with focused and accurate forecasts of global diesel and gas engine production.  PSR


Michael Aistrup is a Senior Analyst

2020-04-08

Coronavirus Has Major Impact on Global Production of Off-Highway Equipment and Medium & Heavy-Duty Vehicles

Download Your PDF Copy of the Presentation

ST. PAUL, MN–A team of international analysts from Power Systems Research (PSR) analyzed the impact of COVID-19 on the global production of Off-Highway Equipment and MH-Duty Vehicles in several regions today.

The team examined the impact of the coronavirus in North America, Europe, Asia, India, and South America for the remainder of 2020 and into Q1 2021.  Download your copy of the presentation here.

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