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  • PowerTALK™, September 2022

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    South Korea is looking at its first trade deficit with China in 28 years, according to a report in the September issue of PowerTALK News, the monthly report of news and analysis from Power Systems Research. Also in this issue is a report from Guy Youngs on Alternative Power sources, as well as reports from two important industry shows: The Cannes Yachting Festival in France and the M&T Expo in Sao Paulo, Brazil.

    IN THIS ISSUE
    • Alternative Power
      • Electric Battery Power Forecasts
      • Can EV Enthusiasm Trigger Global Growth?
      • Lithium Spot Prices Climb Nearly 900% Since January 2020
      • Cummins Jumps On New Energy Storage Iron Salt Formula
      • EV Shipping Set To Blow IC Engines Out of the Water
    • North America:
      • Navistar Introduces S13 Engine Platform
      • Outdoor Power Equipment Forecast To Grow 5.3%
    • DataPoint: NA Crawlers
    • Europe: Report from Cannes Yachting Festival 2022
    • Brazil/South America: Special Report: M&T Expo
    • China: Drought Forces Sichuan Power Cuts at Factories
    • Japan: Vinfast To Export Initial 5,000 EVs To Europe and the U.S.
    • Japan: Honda To Discontinue Two-Wheel Gasoline Vehicles
    • South Korea: South Korea Sees First Trade Deficit with China in 28 Years
    • India: Festive Demand Expected To Boost Auto Industry

  • DATAPOINT: North America Crawlers

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    OEMs in North America are expected to produce 4,100 crawlers this year, according to forecasts by Power Systems Research global analyst Carol Turner. PSR

  • Alternative Power Report, August 2022

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    Guy Youngs
    Guy Youngs

    Forecast and Technology Adoption Lead

    PSR’s Guy Youngs shares his insight in the first edition of our Alternative Power Report.

  • Hyundai Doosan Infracore Plans Hydrogen Engine

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    FAR EAST: SOUTH KOREA REPORT

    Hyundai Doosan Infracore announced that it has been selected as the lead company for the national project “Development of Hydrogen Engine System and Storage and Supply System for Construction Machinery and Commercial Vehicles” by the Industrial Technology Evaluation and Management Agency.

    Through this project, the company plans to develop a 300kW, 11-liter class hydrogen engine and hydrogen tank system with zero carbon emissions, which will be installed in commercial vehicles…

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  • Hino Motors’ Engine Fraud Covers 560,000 vehicles

    FAR EAST: JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Hino Motors has announced that the falsification of diesel engine emission values, which was previously announced in March, had been taking place since at least 2003 or earlier. The company had previously stated that the fraud began in the fall of 2016. In 2016, the company also revealed that it had falsely reported to the MLIT (Ministry of Land, Infrastructure, Transport, and Tourism) in response to its request for a fact-finding survey on exhaust gas and fuel efficiency tests.

    Source: The Nikkei

    PSR Analysis: Although I do not wish to make such negativity a theme, I cannot overlook this issue. The impact on the industry of the fraud at Hino, which has the top share of the medium- and heavy-duty truck sector in Japan, is significant. Isuzu has suspended shipments of four bus models that use Hino engines. Not limited to the automotive field, Tadano cranes, Kobelco hydraulic excavators, Hitachi Construction Machinery wheel loaders, and Kato rough terrain cranes have also been forced to suspend shipments after the problem came to light.

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  • CV Industry Is Moving in Top Gear

    INDIA REPORT 
    Aditya Kondejkar

    The commercial industry will grow with trucks and buses expected to do well. Truck sales will improve as many industries require more units as they are running at full capacity

    The Indian economy managed to revive itself during the first and second COVID waves and quickly achieved a V-shaped recovery.

    This year, GST is reaching high levels. GST collection has witnessed a growth of 26% YoY – YTD CY22. Furthermore, the generation of e-way bills is increasing rapidly. The generation of e-way bills is directly proportional to truck utilization and drives vehicle demand.

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  • Chinese IV Standard for Off-road Machinery To Be Implemented Dec. 1, 2022

    CHINA REPORT
    Jack Hao
    Jack Hao

    On Dec. 29, 2020, the Ministry of ecology and environment announced that 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 will be announced separately.

    In 2022, due to adverse factors at home and abroad, enterprises in the industry will generally face market pressure. In order to better switch the upgrading of Chinese IV emission standards from the aspects of supply chain and industrial chain, steadily promote the implementation of Chinese IV emission standards, reduce the operating pressure of enterprises, and maintain the stable and sustainable development of the industry, the Association recently submitted the “request for instructions on the implementation time delay of Chinese IV emission standards for off- road mobile construction machinery” to the atmospheric environment department of the Ministry of ecological environment according to the policy advice and suggestions of enterprises on Chinese IV emission, It is suggested that the conversion time of the whole machine products with the national three emission standards for construction machinery to the national four emission standards be postponed from December 1, 2022 to April 1, 2023.  Regarding the application submitted by the association to the Ministry of ecology and environment for “postponing the implementation time of the ‘National four’ emission standard for off-road mobile construction machinery”, the Association received a clear reply: it will not be further extended! Therefore, the “national four” emission standards for off-road mobile machinery will be switched as scheduled from December 1, 2022.

    Source: Sohu     Read The Article

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  • Marcopolo To Deliver 30 EV Buses in 2022

    Fabio Ferraresi
    Fabio Ferraresi

    Formerly using chassis built by other companies, mainly BYD, Marcopolo has announced plans to build its own EV chassis. It plans to produce and offer a complete set of bus chassis and bus body. It plans to deliver of 30 units in different setups for Brazilian cities in 2023.

    Source: Automotive Business     Read The Article

    PSR Analysis: Marcopolo is betting that its own chassis is more competitive for the market from an engineering and product standpoint. While preparing…

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  • Mercedes To Deliver 1000 EV Bus by 2023 to São Paulo

    During the Lat.Bus show in São Paulo, the Sales Director of Mercedes, Walter Barbosa, affirmed the demand of 500 EV Bus in 2022 and 500 in 2023, but he expect no deliveries in 2022 and all delivered in 2023.

    Source: Automotive Business     Read The Article

    PSR Analysis: Mercedes is running against the clock to win the business in São Paulo. Although it is preferred by the public transportation companies, BYD is ahead with product already developed. Marcopolo shows as a solution…

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  • Volvo EV Bus Planned for Brazil in 2023

    Volvo’s EV bus is now in the homologation phase in Brazil. Initially it will be produced in Sweden, with plans to be produced in Brazil for the South America market. The Curitiba plant engineering has participated significantly in the Bus Development.

    Source: Automotive Business     Read The Article

    PSR Analysis: Volvo adapt its line-up to compete in the Brazil and South America market that will demand significant part of the volume for the EV models. It is slightly behind Mercedes…

    Read More »

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