News

  • Ford To Manufacture Ranger Engines in Argentina

    Ford has announced the production of 2.0 and 3.0 V6 engines for the new Ranger in Argentina. The engines will be manufactured at the General Pacheco plant, where Ford has been producing the pickup since 2023.

    Initially, only the Lion 3.0 V6 engine will be produced in Argentina. In the second half of the year, the 2.0 engine will also begin production in Pacheco. Ford has not disclosed the localization rates for each engine. Previously, the Panther 2.0 engine (170 hp and 41.2 kgfm) was sourced from India, while the Lion 3.0 V6 engine (250 hp and 61.3 kgfm) was imported from England.

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  • Iseki develops one of the largest unmanned tractors in Japan

    FAR EAST: JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Iseki announced the development of an unmanned tractor that operates without a pilot under the supervision of a human operator. With 123 horsepower, one of the largest in Japan, the tractor will support labor-saving agricultural work amid the trend toward large-scale farming. Priced from 21.9 million yen, the tractor will be marketed to large-scale farmers, mainly in Hokkaido.

    The company’s human-supervised robotic tractor, which previously had a maximum power of 98 hp, has increased its power to 123 hp, thereby expanding the range of work and reducing the time required. It also reduces the time needed to train farmers who are unfamiliar with operating the tractor, allowing them to work more efficiently.

    Source: The Nikkei

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  • Suzuki Withdraws from Thai 4-wheel Vehicle Production

    THAILAND REPORT
    Akihiro Komuro
    Akihiro Komuro

    Suzuki says it will withdraw from four-wheel vehicle production in Thailand. Production at the local subsidiary will cease by the end of 2025, and vehicles made at the main plant in India will be exported to Thailand for sale. Thailand has long been a stronghold of Japanese automakers, but Chinese automakers have gone on the offensive with low-cost EVs, and with Subaru’s decision to pull out, the plight of Japanese automakers is becoming more apparent.

    Suzuki Motor Thailand (SMT), a local subsidiary, will cease production by the end of 2025, and SMT will focus on sales and customer service in Thailand. Thai Suzuki Motor, which produces motorcycles and outboard engines, will continue operations.

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  • Battery Swap Alliance Seen as EV Recharging Solution

    CHINA REPORT
    Jack Hao
    Jack Hao

    Driven by multiple factors such as government support, market demand, and battery technology upgrades, the battery swap solution is attracting much attention from the market.

    NIO Energy has obtained a strategic investment of 1.5 billion yuan from Wuhan Guangchuang Xingxin Technology Phase I Venture Capital Fund Partnership and other institutions. Earlier, FAW Group signed a strategic cooperation framework agreement with NIO[ it is the seventh car company to sign a battery swap cooperation agreement with NIO, following GAC Group, Changan Automobile, Geely Holding, Chery Automobile, Jianghuai Automobile Group, and Lotus. This covers almost half of the mainstream domestic car companies.

    Competition in the battery swap track involves more than just NIO and several passenger car companies. Recently, power battery enterprises, commercial vehicle companies, and mobility platforms also have been aggressively entering this field. On May 16, 2024, CATL signed a framework agreement for a battery swap project cooperation with GAC Aion and Era Electric Service; in the commercial vehicle sector, Nanjing Golden Dragon, Sany Automobile, China National Heavy-Duty Truck, Dongfeng Liuzhou, and Hanma Technology have all started to plan the layout of battery swap heavy trucks. In addition, State Power Investment, GCL New Energy, and Sany Group are also positioning to layout heavy truck battery swap stations.

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  • Hybrid Vehicles Adapted as Alternative To EVs

    INDIA REPORT
    Aditya Kondejkar

    Hybrid vehicles are gaining traction in India as a practical alternative to fully electric vehicles (EVs), a trend driven by strategic manufacturer initiatives, evolving consumer preferences, and infrastructural and policy challenges.

    Major automakers like Maruti Suzuki, Toyota, Nissan, Hyundai, and Kia are launching hybrid models to meet the increasing demand for fuel-efficient and environmentally friendly vehicles. Hybrids offer a balanced solution, providing the benefits of both internal combustion engines and electric powertrains without the range anxiety associated with EVs.

    Despite higher taxes on hybrids compared to EVs, the slow development of EV infrastructure and long waiting periods for EVs make hybrids a more viable option for many consumers. The hybrid market is expected to continue its growth, supported by ongoing innovation and potential policy adjustments to reduce costs, positioning hybrids as a crucial component in India’s journey towards sustainable transportation.

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  • Alternative Power Report, June 2024

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    China may place 25% tariffs on EVs in retaliation for similar moves by the US and the European Union. Read about this as well as articles on new battery development, the decline in diesel sales and a new battery from CATL in the June 2024 Alternative Power Report from Power Systems Research. PSR

  • PowerTALK™, June 2024

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    Read Jack Hao’s report on China’s expanding battery swap alliance in which seven auto OEMs are developing a network of battery swapping stations for EVs. Driven by multiple factors such as government support, market demand, and battery technology upgrades, the battery swap solution is attracting a lot of attention from the market.

    IN THIS ISSUE

    ALTERNATIVE POWER REPORT

    • China Threatens EU, U.S. with Tariffs Up To 25%
    • European Batteries Could Be 60% Less Carbon Intensive Than Chinese
    • Diesel Demand Hits 26-Year Low as EV, Hydrogen Sales Boom
    • Discovery May Drive Down Cost of Hydrogen Fuel

    GLOBAL:  

    • Electric MHV Update
    • Global Golf Cart Production

    DATAPOINT: Global Snowmobile Production          
    BRAZIL/SOUTH AMERICA
    :

    • JCB Invests To Double Its Size in Latin America
    • Ford To Manufacture Ranger Engines in Argentina

    JAPAN: Iseki Develops Large Unmanned Tractor
    THAILAND: Suzuki Halts Thai 4-wheel Production
    CHINA:
    Battery Swapping Seen as EV Recharging Solution
    INDIA: Hybrid Vehicles Compete With EVs

  • 2024 Global Snowmobile Production 

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    89,400 units is the estimate by Power Systems Research of the number of Snowmobiles expected to be produced in Canada, Finland, Italy, Japan and U.S. in 2024.

    Snowmobiles, often called sleds, are motor vehicles that have a revolving tread in the rear and steerable runners in the front, for traveling over snow off-road, often at speeds exceeding 100 mph. They are used for recreation and industrial purposes.

    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 Operationsat Power Systems Research

  • Hyundai-Kia Offer Different Hydrogen Engine

    Guy Youngs
    Guy Youngs

    Hyundai and Kia have announced that they plan to work together to create a new hydrogen engine that will better overcome the challenges faced by previous generations of the technology. A lack of refueling infrastructure has been a top issue in this area.

    With a focus on this issue, the goal of the collaboration between Hyundai and Kia is to greatly enhance the range of the hydrogen engine.  In fact, they are aiming for an unprecedented range to greatly improve the appeal of using H2…

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  • Fool’s Gold May Be Worth More than Previously Believed

    In our childhood, many of us would have found iron pyrites and mistakenly believed it was gold. The disappointment of finding out it was Fools Gold may be over. Fool’s gold could kick off this century’s ‘gold rush’ after scientists discovered it contains lithium.

    Scientists at West Virginia University discovered a surprising amount of lithium in 15 rock samples of iron pyrite.

    Source: Daily Mail (via MSN): Read The Article

    PSR Analysis: Sulphur-rich pyrite doesn't require as many resources during the…

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