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Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus
BRAZIL/SOUTH AMERICA REPORT
Fabio Ferraresi During Latbus 2024 in São Paulo, Volare unveiled its Attack 9 HVE, Brazil’s pioneering ethanol hybrid minibus. The project is being developed by Volare, a division of the Marcopolo group, in collaboration with Horse and WEG. Although presented in 2024, the official market release is scheduled for 2026.
The vehicle is powered by a 1.0-liter, three-cylinder ethanol engine supplied by Horse, which also functions as an electric generator. This generator supplies energy to recharge the batteries of WEG’s electric drive system. The internal combustion engine operates for only one-third of the vehicle’s total operational time, maintaining an optimal rotational speed of approximately 3,000 rpm.
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Brazil Heavy Duty Trailer Sales Remain High
The Brazil Heavy Trailers sector continues its upward trend in registration, with a 5.6% increase in sales during the first seven months of the year, compared to the same period in 2023.
According to data from the National Association of Road Implements Manufacturers (Anfir), 89,880 units were registered between January and July.
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Iseki To Move Production To Indonesia
JAPAN REPORT
Akihiro Komuro Iseki will produce 90% of its products for overseas markets, mainly Europe and the United States, in Indonesia by 2030. The company will gradually transfer the production of tractors and other products for overseas markets that have been handled domestically and will use the consolidation of production as an opportunity to review product design.
In Japan, the market for agricultural machinery is shrinking, and it is difficult to secure human resources. The company will strengthen the position of its production base in Indonesia to expand its overseas business, particularly in Europe and the United States.
The production capacity of the local plant increased to 22,000 units in 2023, a 20% increase over the previous capacity. At present, the production transfer is about 60% complete.
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Indonesia Moves To Reduce Chinese Ownership of Nickel Projects
INDONESIA REPORT
Akihiro Komuro Indonesia is trying to reduce Chinese investment in new nickel mining and smelting operations in order to qualify for U.S. tax incentives. Under the Biden administration’s Inflation-Reduction Act (IRA), large tax incentives will apply after 2025. However, it does not apply to batteries sourced from “foreign entities of concern,” such as companies in which Chinese capital holds more than 25% of the shares, or to EVs that use nickel or other key minerals. Indonesia’s nickel industry will be hit hard by these conditions. This is because the country has been the world’s largest producer of nickel for the past four years, thanks to a large influx of Chinese capital into its mining and smelting operations.
According to three people familiar with the matter, the Indonesian government and the nickel industry are working on new investment projects in which Chinese companies will have a smaller stake. It is possible that the nickel supplied through these deals will be eligible for tax benefits under the IRA. However, in order for the Indonesian nickel industry to receive tax benefits, it will also need to negotiate a trade agreement with the United States. The Indonesian side is proposing an agreement limited to critical minerals.
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PowerTALK™, August 2024
Download PDFOn the Alternative Power scene in this month’s PowerTALK News read about battery development, and Toyota owners suing the OEM. There’s also a forecast on the global snowmobile market, and Chris Fisher discusses the impact of the CARB ACT regulations on truck sales. Also read about plans by giant BYD to build a production facility in Turkey.
In This Issue
Alternative Power Report:
- Safe, Long-Cyclable Lithium Battery Tested
- Toyota Mirai Drivers Sue Automaker
- Wastewater Needed by LFP Battery Supply Chain
- Diesel Demand Drops as EV, Electric Semi Markets Grow
Global: Snowmobile Market Forecast Is $2.42 Billion
North America: Impact of 2024 CARB ACT Truck Sales Regulations
DataPoint: NA Personal Watercraft Production
Europe:- Deutz and Rolls Royce Engine Deal Approved
- Maersk Investments in Fleet Decarbonization
Brazil/South America:
- Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus
- Heavy Duty Trailers Market Remains High
Japan: Iseki To Move Production to Indonesia
South Korea: Hyundai Motor Lists Subsidiary in India
Indonesia: Moves To Cut Chinese Ownership of Nickel Projects
China: BYD Plans Factory in Turkey
India: Rising Inventory Levels Challenge Auto Dealers -
Alternative Power Report, August 2024
Download PDFThe August issue of PSR’s Alternative Power Report includes several articles on battery development, including ones describing news at Tesla. This month’s report also includes news on hydrogen power and the decline in diesel sales. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
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Q2 2024 Power Systems Research Truck Production Index (PSR-TPI) climbs 11.5%
Download PDFSt. Paul, MN (July 29, 2024)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 113 to 126, or 11.5%, for the three-month period ending June 30, 2024, from Q1 2024. The year-over-year (Q2 2023 to Q2 2024) increase for the PSR-TPI was 125 to 126, or 0.8%.
The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.
This data comes from OE Link™, the proprietary database maintained by Power Systems Research.
All Regions. In 2024, Medium and heavy commercial vehicle production in Europe South Asia and North America is expected to decline modestly while production in China, South America, Japan and Korea is expected to improve over last year.
Global Index. Globally, medium and heavy commercial vehicle production is expected to decline by 1.6% this year over 2023. Moving into 2024, much of the focus on demand will be centered around slowing global economic conditions that will likely impact overall freight demand. PSR
Jim Downey is vice president – global data products at Power Systems Research and
Chris Fisher is the senior commercial vehicle analyst at Power Systems Research -
2024 Personal Watercraft Production
Download PDFDataPoint Report
Jet Drive Boats are boats propelled by a jet of water ejected from the back of the craft; they have no propeller and can maneuver in shallow water. PWCs are also driven by jet water and come in several styles: Stand-Ups or Sit-Downs. They are often referred to as jet skis. Sit Downs are designed for one, two or three persons in a sitting position, one in front of the other. PWC Stand-Ups are designed for one rider standing or kneeling on the watercraft.
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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2024 Motorcycle Production
Download PDFDATAPOINT REPORT
On-Road Motorcycles or Street Bikes are motorized two-wheeled vehicles that are street legal for sport and leisure activities. They include features such as headlights, brake lights and turn signals.
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.
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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