News

  • Ammonia-Powered Fuel Cell Developed for Deep Sea Shipping

    ShipFC is the project financed by the Union European program Horizon 2020 and Hydrogen Europe aiming to prove that fuel cells powered by green ammonia can meet the strict IMO standards of zero-emission Deep Sea shipping.

    Currently, a 100% zero-emission solution is not available in this segment. Batteries do not last longue enough with a size that can fit a ship onboard, and Hydrogen technology has some other challenging issues to resolve. Alternative fuel solutions are promising but still need to be tested, confirmed, and approved by DNA.

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  • Hyundai China Sales Drop 77% in Six Years

    FAR EAST: SOUTH KOREA REPORT

    South Korea’s Hyundai Motor has announced that it will sell two plants in China. Beijing Hyundai, a joint venture with China’s state-owned auto giant Beijing Automotive Group, will reduce the number of plants in operation to two. Sluggish sales in the Chinese market have prompted the company to make structural reforms.

    Hyundai Motor’s sales in China were 260,000 units in 2022; in 2016 it sold 1.13 million units, a 77% decline in six years.

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  • Honda Forced To Reduce Car Features

    FAR EAST: JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Honda will sell some of its new vehicles without a function that detects vehicles in the blind spot and warns the driver, saying the dedicated semiconductors required for this function have been in short supply.

    To solve the situation where it takes about a year from order receipt to delivery, Honda will sell the new models with the function reduced so that they can be delivered in about six months.

    Sales of the new SUV model “ZR-V” began with a specification that eliminates “Blind Spot Information (BSI),” which alerts the driver by detecting vehicles diagonally behind the vehicle and displaying them in the door mirror. Since the procurement of the necessary in-vehicle semiconductors was not completed in time and the delivery period was expected to be prolonged, the company decided to sell the car without this BSI function. Although it varies by store and model, the time from order to delivery can be reduced by half, from about one year to about six months.

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  • VI B Emissions Seen Boosting China’s Auto Industry

    CHINA REPORT
    Jack Hao
    Jack Hao

    The new national standard for automotive emissions, scheduled to be implemented July 1, 2023, could boost China’s auto industry, say industry insiders.

    The Ministry of Ecology and Environment, the Ministry of Industry and Information Technology, and other departments recently issued a joint notice proposing that the National VI Emission Standards for automobiles (National VI B) be implemented nationwide July 1, 2023.

    Industry insiders believe that the implementation of the new regulations will drive car companies to accelerate technological upgrading, thereby achieving green and low-carbon development of the automotive industry.

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  • OEMs Target India’s Premium MC Segment

    INDIA REPORT
    Aditya Kondejkar

    The dominance of Royal Enfield in the mid-segment of the premium motorcycle market (300cc-500cc) could be facing challenges from upcoming products. The Triumph Speed 400, a result of a joint development effort between Triumph and Bajaj Auto, and the Harley-Davidson X440, developed through a collaboration between Hero MotoCorp and Harley Davidson, are set to compete in this market segment.

    In response, Royal Enfield plans to introduce three new models in the 350-450cc range within the next year.

    The Indian motorcycle market has witnessed a favorable trend towards high-end bikes. The phenomenon of premiumization has gained momentum due to increasing income levels, a growing young population, shifting preferences, and a surge in product launches.

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  • Q2 2023 Truck Production Index (PSR-TPI) gains 9.4%

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    St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 106 to 116, or 9.4%, for the three-month period ending June 30, 2023, from Q1 2023. The year-over-year (Q2 2022 to Q2 2023) gain for the PSR-TPI was, 112 to 116, or 3.6%.

    The PSR-TPI is a quarterly truck production report that measures global truck production in six regions: North America, China, Europe, South America, Japan and Korea and Emerging Markets.

    This data comes from OE Link™, the proprietary database maintained by Power Systems Research. The next update of the Power Systems Research TPI will be in October 2023 and will reflect changes in the TPI during Q3 2023. 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            

  • Alternative Power Report, June 2023

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    There’s plenty of news about global EV battery activities in the June issue of the Alternative Power Report produced by Power Systems Research. Read about the battery recycling operation planned for Europe, the controversy over energy use between advocates of Hydrogen and batteries and much more.

  • DATAPOINT: NA Off-Highway Trucks 2023 Production

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    1,600 units is the estimate by Power Systems Research of the number of Off-Highway Trucks expected to be produced in the United States and Canada in 2023. None of these trucks are electric units.

    Unlike On-Road Trucks, Off-Highway Trucks are specifically designed to work in punishing environments and are made to haul material and debris around a work site. These purpose-built vehicles are not constrained by the weight limits of their smaller on-road counterparts.

    Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases.  It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper.  PSR

    Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

  • PowerTALK™, June 2023

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    Commercial vehicles are in the news this month. Japan is looking at a major merger of truck OEMs, Cummins is delivering a Hydrogen fuel cell truck, Brazil has announced incentives for MHVs and KCMG says it will produce EV trucks in Brazil. Read these reports and more in the June issue of PowerTALK News.

    IN THIS ISSUE
    • Alternative Power:
      • Electric Vehicles and The H2 Battle to be Included in the Family
      • New Battery Recycling Center Will Have A Big Impact On Europe
    • Global: Electric Scooter Market Could Reach $56B in 2033
    • North America: CARB Is Phasing Out Heavy Trucks
    • DataPoint: North American Off-Highway Trucks
    • Brazil/South America:
      • Brazil Announces Incentives for MHV and LV
      • XCMG To Produce EV Trucks in Brazil in Two Years
    • Japan: Hino Motors and Mitsubishi Fuso To Merge
    • South Korea: Hyundai Motor and LG Energy To Build Battery Plant in U.S.
    • Indonesia:  Indonesia Plans To Become Major Player in Car Industry
    • China: Cummins Accelera Delivers Hydrogen Fuel Cell Truck
    • India: Suzuki Moves Aggressively To Regain India Market Share
  • Suzuki Moves Aggressively To Regain India Market Share

    INDIA REPORT
    Aditya Kondejkar

    A key portion of Maruti Suzuki’s mid-term goal to achieve 50% overall PV (passenger vehicle) market share by becoming the number one SUV seller in the country. This is important for Maruti Suzuki because even though the automaker’s market share in the non-SUV segments is more than 65%, its SUV share was only 10.5% in 2022.

    Source: The Times of India    Read The Article

    Capacity Expansion.

    The company is planning to invest Rs 18,000 crore for the Kharkhoda facility in Haryana. This will increase the capacity by one million units. Further, by the end of the decade, Maruti Suzuki plans to invest over 45,000 crore to quadruple production capacity to four million vehicles in order to meet domestic consumer demand and increase exports from India.

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