-
Hyundai Motor, Apple May Partner on Self-Driving EVs
FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro South Korea’s Hyundai Motor Company and Apple Inc. plan to set up a partnership in the field of self-driving electric cars, according to Korea IT News. And recently another media outlet reported that Hyundai Motor and Apple plan to launch a self-driving EV in 2027.
In response to this news, Hyundai Motor announced that it was in early-stage talks with Apple. On Dec. 10, Hyundai Motor declined to comment on the Korea IT News report, reiterating its statement from Dec. 8 that it had received inquiries from various companies interested in collaborating on the development of self-driving EVs. Apple was not available for comment at the time of our publication.
Source: REUTERS
-
Mahindra Plans To Double Tractor Exports
INDIA REPORT
Aditya Kondejkar “Our aim is that with the launch of Oja (platform), we will double our export in the next three years,” says Hemant Sikka, president of Mahindra’s farm equipment sector. “So, we want to increase exports from 18,000 to 36,000 in about three years.”
In collaboration with Mitsubishi Mahindra Agriculture Machinery, Japan, and an investment of INR 1200 crore, the new Oja platform could help Mahindra win 25% of the worldwide tractor demand. This includes tapping into new markets such as Europe and ASEAN, as well as strengthening its presence in sectors like horticulture.
Source: Economic Times Read The Article
PSR Analysis: The launch of Mahindra Tractors’ new Oja platform underscores a strategic move with several critical business implications. First, the entry into the 80,000 unit ASEAN market represents an expansion initiative, targeting countries such as Thailand, Indonesia, and the Philippines. This move aligns with the company’s global growth strategy, capitalizing on the increasing demand for tractors in these emerging markets.
-
PowerTALK™, December 2023
Download PDFWorldwide EV battery development continues at a fast pace, US outdoor recreation industry hits $1 trillion, and Honda plans to drop mass production of its Honda “e” . Read about these items and more in the December PowerTALK News from Power Systems Research.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- High Energy, Cobalt-Free Lithium Ion Battery Developed
- CATL Creates Fast Charging Skateboard
- Record Low EV Battery Prices Reported in 2023
- US Discovers Lithium Bonanza for EV Batteries
NORTH AMERICA:
- Electrify Where It Makes Sense
- Outdoor Recreation Adds $1.5 Trillion to US Economy in 2022
DATAPOINT: NA Combines
EUROPE: Kobelco Expands European Headquarters
BRAZIL/SOUTH AMERICA:- Argentina Vehicle Production Grows in November
- Brazil Off-Highway Machine Sales Continue To Decline
- VW Trucks and Bus To Restart Two Shifts in January
JAPAN: Honda To Drop Mass-Produced EV “Honda e”
SOUTH KOREA: Hyundai Motor and Apple May Partner
INDIA: Mahindra Plans To Double Tractor Exports -
Alternative Power Report, December 2023
Download PDFRead about new high energy density, cobalt-free lithium-ion batteries, CATL’s fast charging electric skateboard, a new lithium bonanza in the US and more in this month’s Alternative Power Report produced by Guy Youngs of Power Systems Research. PSR
-
2024 Combine Production: 7,100 Units
Download PDFA combine is a farm machine that harvests grain crops. Combines can reap, thresh and winnow crops into a single process. Crops include wheat, oats, rye, barley, corn, etc. Combines overall boost crop output and farm income.
Trends: In 2022, production of Combines in North America increased nearly 12.5%, climbing from 6,372 units in 2021 to 7,162 units in 2022. Production is expected to remain flat in 2023 with a nominal decrease of less than 1%. The Combine market steadily rose this past year and farmers are upgrading to new machines. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
-
PowerTALK™, November 2023
Download PDFEV activity continues to increase across the globe as reported in the November issue of PowerTALK News. This issue features EV reports from China, Japan, North America, Brazil, South Korea and Thailand.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- China Discovers Unique Battery Material
- Toyota Joins Race To Mass Produce Solid-State Batteries
- Could Toyota’s Ammonia Engine Bring the End of EVs?
- White Hydrogen Could Reduce Decarbonization
GLOBAL: Outboard Marine Engine Market Hits $5.5 Billion
NORTH AMERICA: Transitioning from ICE Buses to Zero-Emission Engines
DATAPOINT: NA Graders
BRAZIL/SOUTH AMERICA:- XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant
- Vehicle Production in Brazil Stagnates
- Brazilian Marcopolo Approves its Fuel Cell Bus in Europe
- VW Announces Pickup Truck To Fight with Fiat Toro
JAPAN: Kubota and Sumitomo Plan Mutual Supply of Equipment
SOUTH KOREA: Hyundai Sells EVs To Oil-Producing Countries
THAILAND: China Auto Manufacturer To Invest in Thai EV Motorbike Plant
CHINA: Weichai-BYD JV Begins 56 Billion Yuan, 50GWh Battery Project
INDIA: Construction Equipment Sector Poised for Substantial Growth -
Alternative Power Report, November 2023
Download PDFReports of scientific discoveries highlight this months Alternative Power Report produced by Guy Youngs of Power Systems Research. Read about a new ore discovered in China, Toyota’s work on solid state batteries and an ammonia-powered engine, and finally new work on white hydrogen.
-
China Discovers Unique Battery Material
Guy Youngs A newly discovered ore containing vast quantities of an element widely used in semiconductors has been found in China. The discovery could propel new advances in battery technology.
Geologists have found the rare earth metal niobium inside the new ore named niobobaotite from north China’s Inner Mongolia. The rare earth metal is widely used in alloys for jet engines and rockets and has also been shown to have exceptional current conducting properties in low temperatures.
Researchers have said batteries made from niobium have several advantages over traditional lithium-ion batteries. The Brazilian Metallurgy and Mining Company (CBMM) has been working on new projects towards the use of niobium to make advanced lithium-ion batteries.
-
Toyota Joins Race To Mass Produce Batteries
Toyota Motor Company is the latest automaker delving into solid-state battery technology, vowing to mass produce the safer and more energy dense cells in four years.
The Japanese automaker has recently changed its tune about building BEVs and is now claiming solid state batteries will be in vehicles starting in 2027.
-
Could Toyota’s Ammonia Engine Bring the End of EVs?
The technology is the result of a collaboration of Toyota with the GAC Group, a Chinese state-owned manufacturer. The ammonia engine is a form of internal combustion engine (ICE) powered primarily by ammonia, (ammonia is comprised of a nitrogen atom and three hydrogen atoms). It does not contain carbon. As a result, when it’s burned in an ICE, it does not release carbon dioxide, one of the major greenhouse gases. In the effort to decarbonize, the potential of this type of technology is considerable.
Source: Hydrogen Fuel News: Read The Article
PowerTALK Reports
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global
Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe