News

  • Komatsu Develops Hydrogen Generator

    JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Komatsu has announced the development of a hydrogen-powered generator that will be used to power an electric mini excavator. It can be transported to the job site, allowing electric construction equipment to be used in places where there is no electric power infrastructure. The system will be tested at customer sites by September 2024.

    The generator was developed in cooperation with DENYO. The generator is 3.1 meters long, 1.1 meters wide and 1.7 meters high. It generates electricity by mixing up to 40% hydrogen with light oil. HVO fuel (hydrogenated vegetable oil), a type of biofuel made from waste cooking oil, can also be used.

    Komatsu has developed hydrogen-blended combustion power generators for use in on-site power generation at factories and other facilities. The company sells seven types of electric construction equipment but is unable to supply power to sites where there are no power distribution networks, so it has been working to commercialize an electric power supply infrastructure.

    Source: The Nikkei

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  • Kia To Double Hybrid Sales Amid EV Headwinds

    SOUTH KOREA REPORT

    Korea’s Hyundai Motor Group is going on the offensive with hybrid vehicles. Its subsidiary Kia plans to introduce HV models in nine of its main models, doubling its current sales volume to 800,000 units by 2028. Kia will temporarily review its investment focus on EVs, where competition is heating up globally, to flexibly respond to market trends.

    In early April, Kia’s CEO showed signs of impatience at a business strategy meeting in Seoul, admitting that the EV market is slowing down and pushing back the goal of surpassing sales of 1 million EV units by 2026 to 2027.

    At the same time, he announced the expansion of HVs: by 2028, he will introduce HVs in nine major models worldwide, increasing HV sales from 372,000 units (12% of the total) in 2024 to 800,000 units (19%).

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  • Malaysia Overtakes Thailand in New Vehicle Sales

    THAILAND REPORT

    Rankings of new vehicle sales in Southeast Asia are shifting, with Malaysia overtaking Thailand to take second place in 2023. The Philippines overtook Vietnam to take fourth place. EV sales continue to grow across the region, particularly in Thailand.

    New vehicle sales in six major Southeast Asian countries, including Indonesia and Thailand, totaled 3.34 million units in 2023, down 2% from the previous year. This was the first decline in three years. Rising interest rates weighed on the market. In Southeast Asia, customers with low equity often buy cars with car loans, which was affected by higher lending rates and stricter underwriting.

    Despite the headwinds, sales increased in Malaysia and the Philippines. Sales in Malaysia rose 11% to 790,000 units, a record high, and the country became the second largest market in the region for the first time. The introduction of sales tax exemptions for domestically produced vehicles as part of an economic stimulus package provided a boost.

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  • Bosch China Establishes Commercial Vehicle Group

    CHINA REPORT
    Jack Hao
    Jack Hao

    Bosch Powertrain announced the establishment of a commercial vehicle group, aiming to strengthen cross-domain cooperation at the same time it introduced a new electronic pneumatic braking system and intelligent mobility solutions for commercial vehicles at the 2024 Beijing International Automotive Exhibition.

    Bosch also has developed an advanced super thermal management system to address the thermal management challenges in the commercial vehicle industry. Bosch says it is optimistic about the development prospects of hydrogen fuel cell commercial vehicles and is actively promoting the adaptive development and promotion of related technologies.

    During the Beijing Auto Show, Wang Weiliang, the President of the Board of Bosch Intelligent Transportation Solutions China and the President of Bosch Powertrain Systems China, announced Bosch’s significant strategic initiatives for this year. Wang Weiliang said that China, as the world’s largest commercial vehicle market, is in a golden era of booming development for the commercial vehicle industry.

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  • Kubota Plans India as Global Production Hub

    INDIA REPORT
    Aditya Kondejkar

    In a strategic move reminiscent of Suzuki Motor’s successful expansion strategy, Japanese agricultural equipment giant Kubota is carving out a path to global dominance by establishing India as its production nucleus. The recent acquisition of Escorts, a leading tractor manufacturer in India, marked a pivotal moment for Kubota, propelling it into a position of strength in the Indian and international markets.

    Kubota’s journey in India began in 2008, albeit with sluggish growth and single-digit market share due to its specialization in lightweight tractors, which initially lacked the requisite power for Indian applications. However, with the acquisition of Escorts in 2022 and subsequent rebranding as Escorts Kubota, the company gained a significant foothold, complementing its expertise with Escorts’ established presence in the Indian market.

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  • PowerTALK™, May 2024

    Download PDF

    The May 2024 issue of PowerTALK News presents articles about Chinese EV production, Agrishow 2024 news, EV production in SE Asia and Kubota’s plans for production in India.

    IN THIS ISSUE

    ALTERNATIVE POWER REPORT

    • Chinese EVs Pile Up in European Ports
    • Europe Studies Chinese EV Subsidies
    • How Valuable Is Fools Gold?
    • Hyundai and Kia Develop Hydrogen Engine

    GLOBAL:  

    • Volvo To Build Plant in Mexico
    • ATV, S&S Market To Hit $22.9 Billion

    DATAPOINT: North America Skid Steer Loader Production  

    EUROPE: World Hydrogen Summit Report
    BRAZIL/SOUTH AMERICA    :

    • Storms Batter Brazilian OEMs
    • Agrishow 2024 Report

    JAPAN: Komatsu Develops Mobile Hydrogen Generator
    South Korea: Kia To Double Hybrid Sales
    Thailand: Malaysia Overtakes Thailand in New Vehicle Sales
    CHINA:     Bosch China Sets Up Commercial Vehicle Group
    INDIA: Kubota Sees India as Global Production Hub
    PSR

  • Alternative Power Report, May 2024

    , ,
    Download PDF

    The May 2024 Alternative Power Report from Power Systems Research features several stories on Chinese EVs and the impact they are having on European and US markets. There also are stories on hydrogen development and hydrogen fueling stations. PSR

  • 2024 NA Skid Steer Production        

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    96,000 units is the estimate by Power Systems Research of the number of Skid Steer Loaders expected to be produced in North America (US and Canada) in 2024.

    A Skid Steer Loader also known as a Skid Loader, Skid-Steer Loader, or Skidsteer, is a small rigid frame, engine-powered machine with lift arms used to attach a wide variety of labor-saving tools or attachments.

    Four major uses for Skid Steer Loaders are: Agricultural, 29%; Rental Fleets, 22%; Construction, 20%, and Landscape, 12%.

    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, at Power Systems Research

  • Are Sodium Ion Batteries Viable Alternative to Lithium?

    ALTERNATIVE POWER REPORT
    Guy Youngs
    Guy Youngs

    Despite lithium ion battery prices continuing to fall, interest in sodium ion (Na-ion) energy storage has not waned. Sodium ion batteries are undergoing a critical period of commercialization as industries from automotive to energy storage bet big on the technology. Sodium ion looks well placed, with superior safety, raw material costs, and environmental credentials.

    Sodium ion cells, produced at scale, could be 20% to 30% cheaper than the dominant stationary storage battery technology, lithium ferro/iron-phosphate (LFP), primarily due to abundant sodium and low extraction and purification costs. Sodium ion batteries can use aluminum for the anode current collector instead of copper, which is used in lithium ion batteries, further reducing costs and supply chain risks.

    Source: PV Magazine: Read The Article

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  • New Hydrogen Colors to Watch in 2024

    Hydrogen has the potential to be emissions free but only if we understand how the hydrogen is generated / manufactured or whether it occurs naturally. Several new terms have been used recently in the press, and this article explains them.

    Gold hydrogen refers to naturally occurring deposits of the gas trapped underground in a way similar to how natural gas and oil deposits are found under the Earth’s surface. This type of H2 is different from White in that White now typically refers to the gas when it is above the surface, such as in the atmosphere, but Gold refers specifically to the gas found in underground deposits.

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