Industry Segments | Power Systems Research

2025-01-27

Honda, Nissan Near EV Merger

Japanese automakers are taking drastic measures to keep pace with Tesla and Chinese EV leaders like BYD. Honda and Nissan are now closing in on an EV merger to join resources and fend off the incoming competition. The merger is designed to help survive industry’s rapid shift to electric power. The tie-up could likely involve a third auto partner from Japan which reports suggest might be Mitsubishi

Honda and Nissan have been paving the way for an EV partnership for several months now. In March, the Japanese auto giants announced plans to co-develop new software and other EV tech.

Categories: Alternative Power, EV, Mergers & Acquisitions, Passenger Cars, Minivans, and SUVs, PowerTALK

Office: United States Offices

BYD Controversy In Brazil — What Is Going On?

Guy Youngs

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. Without a doubt, something horrible was going on. How much BYD knew or didn’t know, we don’t know, but the company has now terminated its subcontractor, Jinjiang Construction Brazil.

“Brazilian authorities have halted the construction of a factory for Chinese electric vehicle (EV) giant BYD, saying workers lived in conditions comparable to ‘slavery’,” BBC reported. “More than 160 workers have been rescued in Brazil’s northeastern state of Bahia, according to a statement from the Public Labor Prosecutor’s Office (MPT).

Categories: Alternative Power, AltPwr, Central/South America, Passenger Cars, Minivans, and SUVs, PowerTALK, Production

Office: United States Offices

European EV Car Market Declines

Guy Youngs

The number of EVs sold across Europe fell by 3% to 3m during 2024, according to the latest data. This has come after the withdrawal of government tax breaks triggered a collapse in sales across Germany. The drop in Europe compared to a 40% surge in China, where 11m EVs were purchased. Sales across North America also rose 9% to 1.8m.

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

Office: United States Offices

Volkswagen May Not Close Factories in Germany

Guy Youngs

Volkswagen is considering keeping its German plants up and running while reinstating job security agreements until 2030, with the tradeoff being that workers would forgo bonus payments, according to an anonymous source.

Categories: AltPwr, Passenger Cars, Minivans, and SUVs, PowerTALK, Production

Office: United States Offices

2025-01-26

Alternative Power Report, January 2025

Guy Youngs

The January 2025 issue of the 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. PSR

Alternative Power Report – Jan 2025 Download

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

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

Office: United States Offices

2025 NA Dumpers/Tenders Production

Carol Turner

Dumpers/Tenders Jan – 2025 Download

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.

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.

Utility style models are versatile and are extremely popular with homeowners. Dumper/Tenders, commonly referred to as the Power Buggy, are sought after pieces of equipment, much faster than a conventional wheelbarrow and can accelerate job site related activities.

This product 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. PSR

For details, download the complete report above.

Carol Turner is Senior Analyst, Global Operations, at Power Systems Resources

Categories: Construction, DataPoint, Datapoint Reports, Industrial, North America, Production

Office: United States Offices

2024-12-16

Alternative Power Report, December 2024

Guy Youngs

Alternative Power Report – Dec 2024 Download

The December 2024 issue of the Alternative Power Report published by Power Systems Research includes articles the successful trends in Chinese EV production, Mercedes’ solar paint product for EVs, new research on sodium-ion batteries and the development of rotary engines powered by hydrogen. PSR

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

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

Office: United States Offices

2024-12-14

Chinese EVs Moving Ahead of US Producers

Guy Youngs

With the US history as automobile leaders of the 1900s, it is easy to assume the US will continue being the automotive leader globally and especially domestically. However, the US is rapidly being outmaneuvered, out-innovated, and left in the dust by its Chinese competitors – particularly in the field of EVs.

This article brings together several stories relating to the automotive market with particular emphasis on BYD.

Overall, Chinese electric cars are leading the US auto industry, and it’s hard to imagine that story won’t get even more imbalanced in the coming four years with President-elect Donald Trump slowing US progress on EVs.

Source: Clean Technica: Read The Article

PSR Analysis: In China, there seems to be a real appetite for innovation, change and growth which seems to be lacking in Europe and the US. Many western auto brands are overpricing their vehicles and cancelling the most affordable models. This short-term outlook may be the end of these brands, as they are struggling to be relevant in today’s market. PSR

Guy Youngs is Forecast & Adoption Lead at Power Systems Research

Categories: Alternative Power, AltPwr, Electrification, Greater China, Passenger Cars, Minivans, and SUVs, PowerTALK, Production

Office: United States Offices

Outboard Engine Market Forecast: USD 19 Billion

Michael Aistrup

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 propulsion units positioned externally on a boat’s transom instead of being integrated within the hull. These engines, which are used to power a variety of watercraft, such as boats, dinghies, pontoons, and fishing vessels, usually consist of a powerhead, gearbox, and propeller.

Categories: Global, Marine, PowerTALK, Sales

Office: United States Offices

Nebraska AG Sues Truck Makers Over CARB

Chris Fisher

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 on a mission to eliminate the [internal combustion engine] vehicle and mandate the electrification of our nation’s vehicle fleet.”

While other lawsuits have been filed against California and CARB attempting to halt or slow down the regulations, including one led by Hilgers to block CARB’s Advanced Clean Fleets regulation, Hilgers’ new lawsuit targets manufacturers themselves, including Daimler Truck North America (DTNA), International Motors, Paccar, Volvo Group North America, and the Truck & Engine Manufacturers Association.

Categories: Commercial Vehicles, Legislation, North America, PowerTALK

Office: United States Offices

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