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PowerTALK™, September 2024
Download PDFIn this month’s PowerTALK News, read about battery development, Volvo’s plans to launch hydrogen powered trucks, a report on global e-bike production, a forecast on 2024 Light Plant production, Yanmar’s acquisition of Claas India, a combine harvester, to expand its India market, and Malaysia’s expanding auto sales.
In This Issue
Alternative Power Report:
- Fast Charging Gets Faster in LFP Batteries
- Revolutionary Battery Made from Stone Could Transform Electric Cars
- Is New Silicon EV Battery From CalTech Spinoff The Best Thing Ever?
- China’s Restrictions on Antimony Could Force Shortfall
Global:
- Volvo To Launch Hydrogen Powered Trucks
- E-Bike Market Hits US$38.2 Billion
DataPoint: 2024 North America Light Plant Production
Europe: Electric Boats Popular at Cannes Yachting Festival
Brazil/South America:- Columbia Resumes Taxing Vehicles Imported from Brazil
- Tata Negotiates for Production Plant in Brazil
Japan: Yanmar Acquires CLASS india, a Combine Manufacturer
South Korea: Hyundai Motor To Double Number of Hybrid Models
Malaysia: Jan-Jun 2024 Car Sales Gain Ground
China: Yuchai, Kim Long Motor Vietnam Sign Agreement
India: Rural Recovery Drives Surge in Auto Demand -
Alternative Power Report, September 2024
Download PDFRead about Greely adding fast-charging batteries to its EV autos; Volvo backtracking on its EV pledge; Volkswagen considering factory shutdowns in Germany, and a new battery made from stone, all this and more in the September 2024 issue of the Alternative Power Report published by Power Systems Research. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
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2024 Light Plant Production
Download PDFA Light Plant, also known as a Light Tower, is a piece of mobile equipment which has one or more high-intensity lamps mounted on a mast. The mast is attached to a trailer, with a generator to power the lamps. The generator is powered by a diesel engine. Light plants mostly are used for construction and mining projects.
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
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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Rising Inventory Levels Challenge Auto Dealers
INDIA REPORT
Aditya Kondejkar The Indian automotive market is grappling with a significant inventory challenge, with passenger vehicle stock levels reaching 55 to 60 days’ worth, equating to approximately 550,000 to 600,000 unsold vehicles as of May 2024. This rise in inventory has been a concern for auto dealers, who are already feeling the strain from prolonged high inventory levels. During the previous festive season, inventory levels surpassed 60 days, prompting the Federation of Automobile Dealers’ Associations (FADA) to request reductions in stock dispatches from OEMs and the Society of Indian Automobile Manufacturers (SIAM).
The increasing inventory is placing considerable financial pressure on dealerships. Longer inventory holding periods impact cash flow and increase interest costs, making it challenging for dealers to manage their finances effectively. In response to this growing issue, FADA plans to approach SIAM to advise its members on moderating stock inflow and addressing the inventory surplus.
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2024 CARB ACT Impacts Truck Sales
NORTH AMERICA REPORT
Chris Fisher The article shown here is starting to give us some insight as to how the 2024 CARB ACT regulations are playing out in California and what the other states who plan to adopt these regulations can expect upon their implementation. It is a bit of a long read but very insightful of what the truck dealers are currently experiencing.
Information is beginning to trickle out about sales requirements for commercial truck dealers in California that will soon extend to other states committed to implementing the California Air Resources Board’s (CARB) Advanced Clean Trucks (ACT) and low-NOx Omnibus regulations.
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BYD Plans Factory in Turkey To Produce 150,000 Vehicles
CHINA REPORT
Jack Hao
BYD has signed an agreement with the Turkish government to invest USD 1 Billion to build a factory in Turkey. This is BYD’s second factory in Europe following one built in Hungary. Under the agreement, BYD will build a factory and research and development center with an annual production of 150,000 vehicles. The factory is planned to start production by the end of 2026 and will provide job opportunities for up to 5,000 workers. The factory is expected to improve BYD’s logistics efficiency.The Turkish government is welcoming the factory construction of Chinese automotive enterprises and is holding discussions regarding factory construction are taking place with SAIC and Great Wall, as well as BYD and Chery. Previously, Turkey announced the cancellation of a plan to impose an additional 40% tariff on all vehicles from China, which was announced a month earlier, to encourage Chinese automotive enterprises to invest in Turkey.
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New Batteries Promise Long Life, Greater Safety
ALTERNATIVE POWER REPORT
Guy Youngs A research team at the University of Hong Kong (HKU) has developed a new generation of lithium metal batteries, with the innovation centering on microcrack-free polymer electrolytes, which promise extended lifespan and enhanced safety at temperatures as high as 100 degrees Celsius
The microcrack-free polymer electrolytes are synthesized via a straightforward one-step click reaction, exhibiting notable attributes including “a remarkable resistance to dendrite growth…
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Wastewater Needed by LFP Battery Supply Chain
Many people are talking about lithium iron phosphate batteries, especially auto industry stakeholders who are eager to get their hands on a higher-performing, lower-costing and safer battery. If the supply chain doesn’t get its act together soon, this may be problematic.
81% of the global supply of phosphate rock is produced by just six countries, with China and Morocco in the lead, but the real problem is further up the supply chain. Regardless of the source, an LFP battery can't use phosphate rock…
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