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Case New Holland(CNH) To Halt Sales of Construction Machinery
CHINA REPORT
Jack Hao CNH Industrial Group says it is stopping the sales of construction machinery and equipment in the Chinese market after Dec. 31, 2022. This is another significant development by foreign brands in the Chinese market.
John Deere withdrew from the Chinese market after the original industrial structure was changed by the merger of the Chinese plant of Kobelco Construction Machinery Co., Ltd. At the same time, Hitachi Construction Machinery also made changes to Hitachi Construction Machinery (Shanghai) Co., Ltd., which is responsible for sales and services in China, and set up a new sales and service company, “Hitachi Construction Machinery Sales (China) Co., Ltd.”, which began operating Nov. 1, 2022.
On Dec. 29, 2020, the Ministry of Ecology and Environment announced that from Dec. 1, 2022, all off-road mobile machines below 560kw (including 560kw) produced, imported and sold and their diesel engines installed shall meet the requirements of the Chinese IV emission standard. The implementation time of Chinese IV emission of off-road mobile machinery above 560kw and its installed diesel engines has not been announced.
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Electric Light-Duty Trucks Must Meet 5% METI Goal by FY2030
FAR EAST: JAPAN REPORT
Akihiro Komuro The Ministry of Economy, Trade and Industry (METI) now requires shippers that transport a large volume of freight to set a target of using 5% electric light-duty trucks by FY2030, which includes EVs and fuel cell vehicles (CVs), but not hybrids.
They will also be required to submit periodic reports on their progress toward this target. If the efforts are significantly inadequate, the committee can make recommendations to shippers and publicly announce the names…
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Hyundai Plans $14.7 Billion for Software Development
FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro Hyundai Motor Company is getting serious about developing the software needed for automated driving, etc. It has decided to invest $14.7 billion by 2030 and has begun building a development structure and embarking on M&A.
Hyundai Motor Company has achieved record profits through a shift in strategy in conjunction with a generational change. The company plans to further improve profitability in the software field, where customers can add functions to their cars after purchase. But acquiring human resources will be an immediate challenge for Hyundai.
The “Over the Air (OTA)” function, which updates the latest software via the Internet, will be standard on all new models released in 2023 and after. The plan is to establish a system that allows users to be charged according to function updates. The company will first introduce content such as car navigation systems, audio, lighting, and remote-control functions, and then expand into peripheral areas such as auto insurance policies, to diversify and upgrade services in response to customer needs.
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EV Purchase Subsidies Planned To Promote Sales
SOUTHEAST ASIA: 6 MAJOR COUNTRIES REPORT
Akihiro Komuro Indonesia plans to introduce a subsidy program to encourage the purchase of EVs starting in 2023. The goal is to increase the number of EV users to 2.5 million by 2025 and reduce air pollution. The EV purchase subsidy program will be added to the list of EV policies introduced by President Joko Widodo over the past year.
Transportation Minister Boudi Karya Sumadi said the government is also considering subsidies for retrofitting internal combustion engine vehicles, but the government is carefully considering this plan because it would bring major changes to the labor-intensive auto industry. The Ministry of Transport plans to approach existing Indonesian automakers, such as South Korea’s Hyundai Motor and China’s BYD, to create an EV ecosystem for Borneo’s new capital city, he said.
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India Bets on Green Hydrogen
INDIA REPORT
Aditya Kondejkar The electric vehicle market in India is mostly dominated by lithium-ion battery technology, which powers two-, three- and four-wheeler vehicles. But this situation comes with its own set of challenges.
For instance, each battery chemistry has a different energy density, peak power output and charging time. Hence, the industry is working on alternative green solutions, and the government of India is aggressively working on hydrogen as a fuel option.
In terms of refueling…
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PowerTALK™, January 2023
Download PDFManufacturers are increasing their efforts to develop hydrogen as a power source for vehicles and stationary power equipment at the same time that they continue to develop batteries that are lighter and that can be charged faster.
In This Issue
- Alternative Power
- • Are Hydrogen Engines in the Future?
- • Growth of Hydrogen Internal Combustion engines (H-ICE)
- • JCB Reaches Hydrogen Milestone
- • Hyster Begins Pilot of Hydrogen Fuel Cell Powered Container Handler
- North America: U.S. Economy Faces Problems
- DataPoint: NA Combines
- Brazil/South America
- • Brazil Pushes Truck Renewal Program
- • First Synthetic Fuel Neutral CO2 Started
- • FPT Developing Ethanol or Biomethane Engine
- Europe: Cost Increases Cause Losses at HanseYacht
- China: CNH To Halt Sales of Construction Machinery
- Japan: METI Sets 2030 Goal for EV Trucks
- South Korea: Hyundai Plans $14.7 Billion for Software
- Southeast Asia: EV Purchase Subsidies Planned
- India: Bets Placed on Green Hydrogen
- Alternative Power
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DATAPOINT: North America Terminal Tractors
Download PDFEstimated 2022 Production: 3,800 Units
3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2022. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons. PSR
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Alternative Power Report, December 2022
Download PDF
Read the expanded December 20222 Alternative Power Report produced by PSR’s Guy Youngs and other analysts at Power Systems Research. This month’s report includes articles on increased battery production in the US., Tesla’s plans for a recycling plant in Texas, increased merger activity in the EV Light/Medium commercial vehicle segment and new power sources being developed for cargo ships.
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CV Production Nears Pre-covid Levels
INDIA REPORT
Aditya Kondejkar A favorable mix of factors is propelling demand for commercial vehicles to their best-ever pre-covid-19 volumes in India. Even though the CV segment has not reached its 2018 peak, it is expected to grow by double digits in the current fiscal year.
This growth is based on healthy demand and a relatively low base last year. While the sales are in green for all the major OEMs, market leader Tata Motors has reported year-over-year drop of 3%.
Source: Auto News Read The Article
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Korea’s SK Battery To Supply Hyundai’s U.S. Plant
FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro Korean battery giant SK Innovation announced that it will expand its supply of batteries to Hyundai Motor Group in North America, and the two companies will discuss the construction of a joint venture plant to increase supply after 2025. SK Innovation says it plans to support Hyundai Motor Group’s increased EV production in North America.
In addition to EV production at its existing Alabama plant, Hyundai Motor plans to start operations of a dedicated EV plant in Georgia by 2025. Kia Motors, a group company, will also increase EV production in Georgia, as stable procurement of batteries, a key component of EVs, has become an issue.
SK On, a battery subsidiary of SK Innovation, already supplies batteries for Hyundai Motor’s mainstay Ioniq EV series. In the U.S., SK On produces batteries at its existing Georgia plant, and after consulting with Hyundai Motor, the company will decide whether to expand the plant or establish a new joint venture plant.
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