Industry Segments
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2025 EV Motorcycle Promotion Project Continues
South Korea’s Ministry of Environment is continuing the “Electric Motorcycle Subsidy Program and Battery Swap Charging Facility Support Program,” which was launched in spring 2025. Its effects appear to be gradually emerging in the market.
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EV Motorcycle Market Rapidly Expanding
According to statistics from the Vietnam Association of Motorcycle Manufacturers (VAMM) and other motorcycle data, gasoline motorcycle sales are slowing while electric two-wheelers are expanding rapidly. In the third quarter of 2025, the five VAMM member companies (Honda, Yamaha, Piaggio, Suzuki, and SYM) sold a total of 620,000 units, which is a 9.37% decrease compared to the same period last year. Cumulative sales from January to September remained nearly flat compared to 2024, totaling 1.91 million units.
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Eletra Starts In-House BEV Bus Chassis Assembly
Eletra announced an investment of BRL 40 million (approximately US$ 7 million) to expand its factory in São Bernardo do Campo (SP) and build a new in-house chassis assembly line. The initiative will transform Eletra into a full-fledged chassis manufacturer, rather than relying solely on chassis supplied by partners.
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Volvo Launches Dump Truck with 55-Ton Capacity
Volvo CE has introduced in Brazil the latest generation of its largest articulated dump truck, the A60. The updated model offers a payload capacity of 55 000 kg and a dump body volume of 33.6 cubic meters — the highest among articulated haulers available locally. It is powered by the Volvo D16J engine, delivering 470 kW (≈ 630 hp) and 2,960 Nm torque, optimized for heavy off-road operations.
Compared with the previous generation, the A60 delivers a 15% gain in fuel efficiency and 5% increase in productivity…
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EU-US Trade Deal Threatens European Production

Emiliano Marzoli The EU-US trade agreement is facing intense criticism from European policymakers and industry leaders who deem it unbalanced, unfair, and a “significant policy mistake.” The persistence of high US tariffs and mounting non-tariff barriers are severely hurting Europe’s export-oriented industrial sector. Experts warn the deal has cornered the EU, increasing its dependency on critical raw materials and semiconductors.
Specifically, US Section 232 tariffs on steel and aluminium derivatives are crippling the machinery sector with complex compliance rules. Failure to comply can trigger punitive tariffs up to 200%, prompting some firms to halt US exports entirely and leading to a sharp drop in sales (e.g., German machinery exports have fallen 18.5%). EU lawmakers are now pushing for amendments, including sunset clauses and safeguards, amid concerns that the current framework is unsustainable.
Source: Euractiv Read The Article
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EPA Won’t Delay 2027 NOx Rule, Plans Changes

Chris Fisher The U.S. Environmental Protection Agency is moving forward with the 2027 timeline for its heavy-duty NOx rule—currently set to take effect with the 2027 model year—but says changes are in store.
The American Trucking Associations (ATA), National Tank Truck Carriers, Truckload Carriers Association, and 49 state trucking associations in August penned a letter to EPA, asking the regulator to push implementation to 2031, citing “substantial compliance costs and operational burdens at a time when the trucking industry is already contending with historically difficult market conditions.”
Administrator Lee Zeldin in March announced that the EPA was reevaluating the Biden-era 2022 Heavy-Duty Engine and Vehicle rule that regulates oxides of nitrogen (NOx) and other emissions beginning with Model Year 2027.
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North America Golf Cars Production

60,100 units is the estimate by Power Systems Research of the number of Golf Cars expected to be produced in North America during 2025.
Golf Cars are small, motorized vehicles that transport golfers and their equipment around a golf course. They may also be used as a Neighborhood Electric Vehicle (NEV) to transport people within golfing communities or similar neighborhoods.
This product information comes from industry interviews and from two proprietary databases maintained…
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China’s Diesel Trucks Shifting To Electric
China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new trucks in China ran on diesel. By the first half of 2025, battery-powered trucks accounted for 22% of new heavy truck sales, up from 9.2% in the same period in 2024, according to Commercial Vehicle World, a Beijing-based trucking data provider. The British research firm BMI forecasts electric trucks will reach nearly 46% of new sales this year and 60% next year
Heavy trucks carry the lifeblood of modern economies. They also contribute significantly to global emissions of carbon-dioxide: In 2019, road freight generated a third of all transport-related carbon emissions. Trucking has been considered hard to decarbonize since electric trucks with heavy batteries can carry less cargo than those using energy-dense diesel
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Ford India Revises Strategy for Sustainable Success

Aditya Kondejkar Ford Motor Company’s decision to re-enter the Indian market marks one of the most closely watched developments in the auto industry this year. After exiting mass-market operations in 2021, due to persistent losses and an increasingly competitive environment, Ford’s return signals a significant strategic recalibration driven by changing market dynamics, India’s rising manufacturing relevance, and the company’s global EV transformation agenda.
Unlike the last decade—when Ford struggled with scale, cost structures, and a limited product pipeline—its new India plan is built around focused investments, platform sharing, premium positioning, and leveraging India as an export and engineering powerhouse.
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Agritechnica 2025: The Rise of Smart, Hybrid Efficiency

Emiliano Marzoli The Agritechnica 2025 trade show, held under the guiding theme “Touch Smart Efficiency,” cemented the industry’s focus on integrating digital intelligence with advanced hardware to achieve higher yields while ensuring environmental and economic sustainability. The primary trend was the transition of alternative power and robotics from concepts into commercially available, high-performance machinery.
The 2025 show was bigger than the previous show in 2023–there were more attendees (476,000 vs. 470,000) and exhibitors (2849 vs 2812) and more countries represented (171 vs. 149). The total space for the two shows was the same–394,000 sq in 24 halls at the Hanover Exhibition Center in Hanover, Germany. The bi-annual show ran Nov. 9-15.
Key New Models and Technology Unveiled
Manufacturers focused heavily on hybridization, automation, and engine efficiency:
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