Industry Segments | Power Systems Research

2026-02-21

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 shared by Volkswagen Caminhões e Ônibus and Mercedes-Benz, each holding around 27% market share. They were followed by Volvo, Scania, Iveco, DAF and Foton.

Categories: Central/South America, Commercial Vehicles, Sales

Office: Brazil Office

Koshin Launches Hybrid Energy Storage System

Akihiro Komuro

Koshin plans to release its new “Hybrid Power Storage System” Feb. 24, 2026, to counter power outages. The system combines a portable power station (BPS-24LD) and an inverter generator (GV-18iSD). Simply connecting the two with a dedicated cable enables the system to automatically cycle between generating and storing electricity.

Unlike a standalone portable power station, which becomes unusable once its battery runs out, or a standalone generator, which is difficult to use at night or in residential areas due to its outdoor nature, this hybrid system can store electricity generated by the generator in the portable power station. This enables quiet indoor use as needed. When the portable power source’s charge falls below a certain level, the generator automatically starts and shuts off once the unit is fully charged. This feature provides a long-term power supply without the need for cumbersome operation and supports household appliances such as refrigerators and heating equipment. The system also features a CO sensor and a safety function that automatically stops the generator during improper use. This system is expected to enhance household peace of mind in preparation for prolonged power outages caused by an increase in natural disasters in Japan.

Source: KOSHIN Read The Article

Categories: Japan, Power Generation, Production

Office: Japan Office

2026 R&D investment Plan Prioritizes Smart Ag

Akihiro Komuro

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 and severe labor shortages, while achieving increased productivity and labor savings.

A key feature of the plan is its emphasis on developing field-implementable technologies, such as autonomous agricultural machinery, data analysis for precision farming, and unmanned pest control drones. The plan also envisions advancing the sophistication of agricultural management through the development of standalone technologies, and by establishing data integration platforms and agricultural ecosystems.

Categories: Agricultural, Artificial Intelligence (AI), Production, South Korea

Office: Japan Office

2025-Year Motorcycle Sales Rank 2nd in SE Asia

Akihiro Komuro

In 2025, the Vietnamese motorcycle market experienced strong growth, with sales increasing by 14.9% year-on-year to approximately 3.4 million units. This made it the second-largest market in Southeast Asia, after Indonesia. Indonesia maintained its top position as the region’s largest market with 6.55 million units sold, though its growth rate was limited to 0.6%. Meanwhile, the Philippines recorded 2.37 million units (+2.8% year-over-year), Thailand recorded 1.73 million units (+9.8% year-over-year), and Malaysia recorded 613,893 units (+3.5% year-over-year).

In Vietnam, the rapid expansion of electric motorcycles is reshaping the market structure. Alongside domestic companies, Chinese firms are accelerating investment in electric motorcycles, aided by stricter environmental regulations. Hanoi’s plan to restrict internal combustion engine vehicles starting in mid-2026 is further accelerating the shift towards electric vehicles.

Categories: Recreational Products, Sales, Vietnam

Office: Japan Office

India–Indonesia Auto Relationship Gains Strength

Aditya Kondejkar

The evolving automotive relationship between India and Indonesia is increasingly defined by structured, government-linked procurement and industrial collaboration rather than routine export activity. Recent transactions involving Tata Motors, Mahindra & Mahindra, and Ashok Leyland signal a measurable expansion of India’s commercial vehicle footprint in Southeast Asia’s largest economy.

Indonesia’s infrastructure expansion, rural logistics formalization, and cooperative-based distribution programs have generated concentrated demand for light and medium commercial vehicles. Unlike fragmented retail-driven sales, these programs are characterized by bulk institutional procurement, creating predictable order pipelines and scale efficiencies for suppliers. Indian manufacturers, with established competencies in cost-optimized, durable vehicle platforms suited to emerging market operating conditions, have been able to secure sizeable allocations.

Categories: Components, Indian Subcontinent, Indonesia, Partnerships, Passenger Cars, Minivans, and SUVs, Production

Office: India Office

2026-02-16

Boot 2026 Shows Shift To Outboard Power

Natasa Mulahalilovic

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 position as the world’s leading indoor boat show. The event covered the entire spectrum of the marine industry, including motorboats, yachts and superyachts, catamarans, sailing boats, outboard and electric boats, engines, power generation systems, equipment and components, as well as touristic services, charter companies, and boating clubs.

Categories: Boot, Europe, Marine

Office: Europe Office

2026-01-28

Alternative Power Report, January 2026

Guy Youngs

Alternative Power Report – January 2026 Download

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. Read these articles and more in the January Alternative Power Report today. PSR

Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research

Categories: Alternative Power, Alternative Power Reports, Batteries, Electrification, Marine, Passenger Cars, Minivans, and SUVs, Production

Office: United States Offices

2026-01-25

Tesla’s 2025 Europe Data Shows Total Bloodbath

Guy Youngs

The data is in for Tesla’s full year 2025 in Europe, and frankly, it’s a bloodbath across most major markets. Every market in Europe showed a substantial decline (ranging from -4.1% to -66.9%). There’s a single exception, Norway, and Tesla can’t even count on this market in 2026 because the growth in Norway was caused by changing regulations for 2026, that brought forward car purchases into the last two month of 2025.

According to registration data compiled from major European markets, Tesla saw its total volume drop from roughly 326,000 units in 2024 to just over 235,000 in 2025. That is a staggering 27.8% year-over-year decline

The truth is that this is an impressive demand cliff by any standard that points to significant brand problems, which are due to a mix of Elon Musk, Tesla’s CEO, becoming highly toxic, and Tesla’s EV lineup becoming stale amid tougher competition.

Categories: Alternative Power, Europe, Passenger Cars, Minivans, and SUVs, Sales

Office: United States Offices

CATL Winning Shipping Electrification Race

Guy Youngs

CATL’s batteries and energy management systems are already operating in roughly 900 ships and vessels, a figure that on its own should reframe how maritime decarbonization is discussed.

Shipping is, by its nature, conservative for structural reasons tied to safety, long asset lifetimes, and unforgiving certification regimes, so deployment at this scale signals that electrification is no longer a pilot exercise but operating infrastructure.

Categories: AltPwr, Batteries, Electrification, Marine, Production

Office: United States Offices

North America Dumper/Tender Production

Carol Turner

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.

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 in front of the driver, while a dump truck has its cab in front of the load.

Categories: Construction, DataPoint, Datapoint Reports, Industrial, Off-Highway Equipment, Production

Office: United States Offices

News: Industry Segments

2026 R&D investment Plan Prioritizes Smart Ag

Alternative Power Report, January 2026

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