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CNG Vehicles Are Moving in Cruise Mode
INDIA REPORT
Aditya Kondejkar Sales of CNG (Compressed Natural Gas) vehicles in India are set to scale a new peak, driven by robust double-digit expansion in 2023 demand, with lower total ownership costs decidedly tilting the scales in favor of gas-powered cars instead of those running on liquid automotive fuels.
“We are seeing excellent traction for CNG vehicles,” says Tarun Garg, Director – Sales, Services and Marketing, Hyundai Motor India. “CNG provides a very good option to customers in terms of reduced total cost of ownership. Not only is the price of CNG fuel less than petrol/diesel, the fuel efficiency, too, is relatively better and emissions are lower.”
Currently, the country has more than 4,500 operational CNG stations, compared with fewer than 1,000 in 2014. To push adoption of CNG vehicles in the personal mobility space, in 2019, the petroleum and natural gas ministry announced plans to set up more than 10,000 CNG stations over the decade. It is anticipated that the country will save approximately Rs 2 lakh crore in oil imports if personal car users switched to CNG vehicles. Read The Article
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Heavy Truck Sales Fall by More Than 60% in H1 2022
CHINA REPORT
Jack Hao The heavy truck industry fell in the first half of 2022 by more than 63% from the previous year. According to the latest statistics from the China Automobile Association, for January to June this year, the overall sales volume of the domestic heavy truck market was about 380,000 units, a decrease of 63.6% compared with the same period last year.
In June, the sales volume of China’s heavy truck industry was only 55,000 units, a year-over-year decrease of 65%. The main reasons for the decline in heavy truck sales this year are the upgrading of emission standard from “China V” to “China VI” last year, which caused a pre-buy in the market, and the impact of the epidemic this year, which depressed the logistics and transportation market, further curbing demand for new trucks.
The heavy truck industry is a cyclical industry, and its development cycle fluctuates due to changes in environmental protection policies and the overall economy. Following a 14 month decline in sales, the primary concern in the heavy truck industry is this: When will there be a turnaround?
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Brazil Government Announces US$ 65 Billion Agriculture Funding Plan
The Brazil government announced June 29 the new Safra Plan for 2022/2023 with a total of R$ 340 Billion (US$ 65 Bi) to fund business related to Agriculture, including Agricultural Machines and Trucks for product transportation. The amount is 36% higher than the previous year plan.
Source: Automotive Business Read The Article
PSR Analysis: While the volume of funds is higher, the interest rates are also higher. In addition, the prices of agricultural supplies are higher…
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Mercedes Makes Fourth Production Shutdown in Brazil
BRAZIL/SOUTH AMERICA REPORT
Despite high demand, Mercedes announced its fourth temporary production stop at the plant in São Bernardo do Campo-SP, from July 4-15. In the announcement, Mercedes mentions the shortage of components and its effort to work with the supply chain to meet commitments with customers.
Source: Automotive Business Read The Article
PSR Analysis. The shortage of components, particularly semiconductors, is taking longer than expected and is affecting…
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Sustainability, Reliability Keys for Future e-Mobility Solutions
Emiliano Marzoli STUTTGART, Germany— One critical trend emerged during my conversations with many industry players at the Battery Show Europe and the Electric & Hybrid Vehicle Technology Expo Europe here last month: Battery thermal management is an important element in EV development and operations.
I attended the Battery Show Europe here June 27-30 with Dalibor Sablic, PSR senior business development manager-Europe.
An estimated 6,000 attendees walked the floor to discuss products and services with nearly 600 exhibitors at the show. There was a positive energy and outlook for the future of the e-mobility industry, a refreshing change in atmosphere following many quiet months caused by the COVID pandemic.
During the show, I had an opportunity to meet with representatives of Dow and learn about the wide array of products and services the company is developing for the e-mobility segment.
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Brazilian Marcopolo Launches H2 Bus in Australia
Fabio Ferraresi Brazilian-based Marcopolo has expanded its product line of renewable and zero-emission fuels. Volgren, a company owned by the Brazilian manufacturer, is Australia’s largest bus producer. It has signed an agreement with Wrightbus, an Irish bus manufacturer, and market leader with Hydrogen technology in Europe, to develop and launch hydrogen fuel cell-powered buses for the Australian market.
The first units of the Volgren-Wrightbus are expected by early 2023. The vehicles will be the…
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Trailers with Electric Drive Axle Authorized in Brazil
BRAZIL/SOUTH AMERICA REPORT
Heavy vehicles using electric axle systems in the trailer now can be driven on Brazilian Roads, following approval by the National Traffic Council (Contran) at its meeting in May.
Suspensys, a Brazilian company part of Randon group launched the product at Fenatran of 2019, but only now has it been approved by traffic authorities.
Source: M&T Magazine Read The Article
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Cummins Develops Hydrogen-Powered Engines
NORTH AMERICAN REPORT
Chris Fisher Cummins, Inc., is working to develop hydrogen-powered engines, using approaches for Hydrogen combustion engines and hydrogen fuel cells.
Both hydrogen engines and hydrogen fuel cells are better suited for long haul and many regional-haul truck applications than pure battery electric vehicles.
In North America, Cummins plans to introduce hydrogen internal combustion engines across their existing engine platforms starting in 2024.
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PMI Electro To Set Up EV Manufacturing Plant in Maharashtra
INDIA REPORT
Aditya Kondejkar Electric bus maker PMI Electro announced the setting up of its largest EV manufacturing plant with annual production capacity of 2,500 vehicles at Chakan in Maharashtra.
Source: Economic Times Read The Article
PSR Analysis: PMI operates a manufacturing facility in Delhi, India’s capital region, which has an annual production capacity of about 1,500 electric buses. With the planned facility in Pune, the total annual…
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Tata Motors: Electrification Is an Irreversible Trend
Tata Motors recently unveiled the electric avatar of its most popular small commercial vehicle Ace. The company said it has booked orders for 39,000 units from top e-commerce players. India’s largest commercial vehicle manufacturer plans to transform commercial vehicles to achieve a net-zero target by 2070 for the country. PSR
Aditya Kondejkar is Research Analyst – South Asia Operations, for Power Systems Research
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