News

  • BorgWarner Buys EV Charging Company

    Guy Youngs
    Guy Youngs

    Global auto supplier, BorgWarner has announced it is buying EV charging company Rhombus Energy Solutions. The deal will boost its EV charging presence in North America while adding to its European market and will accelerate its charging business by leveraging its existing capabilities. This is the latest in a round of EV related acquisitions the company has made. In August 2021 it took control of AKASOL,(a German EV battery company) and in March 2022, BorgWarner acquired 100% of Santroll…

    Read More »

  • Tesla Offers Lounges at Supercharger Stations


    Tesla has linked up with bk World to provide its Supercharger stations to offer services to customers while their vehicles charge. Tesla has been trying to deploy its Supercharger stations at properties that include amenities that offer food, coffee, and restrooms, but that is not always easy. At a few locations, Tesla has deployed its own lounges to offer those amenities, including one test site in Germany which even has a swimming pool, and another has a restaurant.  

    Source: Electrek…

    Read More »

  • Australian Solar Park Could Generate Hydrogen for Less Than $2/kg


    Frontier Energy conducted a pre-feasibility study (PFS) at its Bristol Springs Solar project in Australia to show that it has the potential to be a low-cost green hydrogen producer, with power sourced from the company’s planned first stage 114 MW DC solar farm. The solar would power a 36.6 MW alkaline electrolyser, producing an estimated 4.4m kilograms of green hydrogen per year.

    Source: PV Magazine Read The Article

    PSR Analysis: With green hydrogen costs being around $3/kg to $6.5/kg, production of…

    Read More »

  • BMW Focuses on Hydrogen Fuel-cell EVs


    BMW remains primarily focused on electrified combustion engines and battery electric cars, but it is adamant that hydrogen FCEVs (Fuel Cell Electric Vehicles) will play a part of its transportation package. A limited batch of hydrogen-fueled BMW X5s soon will enter production, and the company says it is already planning for the next model with FCEVs making their way into its 2025 next-generation electric vehicle portfolio

    Source: H2 Energy News Read The Article

    PSR Analysis: This moves BMW into the…

    Read More »

  • PowerTALK™, August 2022

    Download PDF

    In this issue of PowerTALK News we introduce a new feature, Alternative Power Report, written by Guy Youngs. The monthly feature will include news and analysis about EV and power sources such as batteries and fuel cells. Also in this issue are articles about Daimler’s new strategy regarding its Western Star Brand, and update on Personal Watercraft, and the implementation of China IV emissions regulations starting Dec. 1, 2022.

    IN THIS ISSUE
    • Alternative Power
      • BMW keen on hydrogen fuel-cell EVs
      • Australian solar park could generate hydrogen for less than $2/kg
      • Tesla deploys lounges at Supercharger stations
      • BorgWarner buying EV charging company to boost growth
    • North America:
      • Daimler Beefs Up Western Star Brand
      • Personal Watercraft Production Grows
    • DataPoint: NA Tillers
    • Europe: Report:
      • 100,000th lithium-Ion Forklift for Jungheinrich
      • MAN Launches New Generation Engine
    • Brazil/South America:
      • Brazil Implement Registrations Remain Strong
      • Volvo Plans EV Bus for Brazil in 2023
      • Mercedes To Deliver 1000 EV Bus by 2023 to São Paulo
      • Marcopolo To Deliver 30 EV Buses in 2022
    • China: China IV Emissions Regulation Set for December
    • Japan: Hino Motors’ Engine Fraud Covers 560,000 vehicles
    • South Korea: Hyundai Doosan Infracore Plans Hydrogen Engine
    • India: CV Industry Is Moving in Top Gear

    PSR

  • Power Systems Research Activities in Russia Paused

    March 2022- Power Systems Research has paused all research and business development activities in Russia. We have maintained a presence in Russia since 2013 to bring important updates to our clients about the powered equipment markets within Russia. We are monitoring the current situation on a daily basis and hope to again establish this presence at some point in the future when the conflict with Ukraine resolves. Please contact us at info@powersys.com if you have questions regarding…

    Read More »

  • PowerTALK™, July 2022

    Download PDF

    Read about the European Battery Show in the July issue of PowerTALK, and Emiliano Marzoli’s interview with Dow officials about their product plans. Also in this issue is Jim Downey’s forecast on the North American economy and Jack Hao’s report on the sharp decline in China’s heavy truck sales.

    IN THIS ISSUE
    • North America:
      • Economy Faces Multiple Problems
      • UTV & ATV Market Dynamics
    • DataPoint: NA/Global Personal Watercraft
    • Europe: Report: Battery Show-Europe
    • Brazil/South America:
      • Mercedes Makes Fourth Shutdown in Brazil
      • US$ 65 Billion Agriculture Funding Plan
    • China: Heavy Truck Sales Fall by More Than 60%
    • Japan: Venture Firm Plans Electrification Projects
    • South Korea: Hyundai Launches Flagship EV, the IONIQ6
    • Vietnam:  VinFast Ends Sales of Two Gasoline Vehicles
    • India: CNG Vehicles Are Moving in Cruise Mode

    PSR

  • CNG Vehicles Are Moving in Cruise Mode

    INDIA REPORT 
    Aditya Kondejkar

    Sales of CNG (Compressed Natural Gas) vehicles in India are set to scale a new peak, driven by robust double-digit expansion in 2023 demand, with lower total ownership costs decidedly tilting the scales in favor of gas-powered cars instead of those running on liquid automotive fuels.

    “We are seeing excellent traction for CNG vehicles,” says Tarun Garg, Director – Sales, Services and Marketing, Hyundai Motor India. “CNG provides a very good option to customers in terms of reduced total cost of ownership. Not only is the price of CNG fuel less than petrol/diesel, the fuel efficiency, too, is relatively better and emissions are lower.”

    Currently, the country has more than 4,500 operational CNG stations, compared with fewer than 1,000 in 2014. To push adoption of CNG vehicles in the personal mobility space, in 2019, the petroleum and natural gas ministry announced plans to set up more than 10,000 CNG stations over the decade. It is anticipated that the country will save approximately  Rs 2 lakh crore in oil imports if personal car users switched to CNG vehicles. Read The Article

    Read More »

  • VinFast Ends Sales of Two Gasoline Vehicles

    VIETNAM REPORT
    Akihiro Komuro
    Akihiro Komuro

    VinFast, an automotive subsidiary of Vingroup, the largest conglomerate in Vietnam, announced that it ended orders for two types of gasoline-powered vehicles in early July. The models covered are SUVs and sedans, and the company now will only sell the Fadil, a compact gasoline-powered vehicle. The company has announced its plan to withdraw from the production of gasoline-powered vehicles by the end of this year and is hastening its shift to EV production.

    VinFast states that the reason for the suspension of orders for the two models is that “procurement of parts has become difficult and the number of units delivered to customers was not as large as expected.” The company did not mention the timing of the suspension of orders for Fadil. The company began selling EVs in Vietnam in December 2021.

    Read More »

  • Hyundai Launches Flagship EV, the IONIQ6

    SOUTH KOREA REPORT
    Akihiro Komuro
    Akihiro Komuro

    Hyundai Motor Company unveiled in July its flagship EV model, the IONIQ 6, that has a driving range of 6.2 kilometers per kilowatt-hour, a 20% increase over the current 5 model. The cruising range was also increased by 22% to 524 kilometers or 326 miles, (based on Korean government certification standards). Hyundai Motor claims that its EVs have the world’s highest level of electricity consumption efficiency.

    The company called the IONIQ 6 “a ‘mobile personal studio,’ a space where you can rest and relax on your own. It offers a new experience that is different from existing EVs.”

    In Korea, pre-orders will begin in late July, with shipments starting in September. Pricing will start at 55 million won (approximately 5.8 million yen), and sales are expected to reach 12,000 units by the end of the year. It will be released in Europe by the end of the year and in the US in the first half of 2023. Sales in Japan have not yet been decided. The newly announced “6” has a lighter body, and the cruising range has been extended by improving the energy-saving performance of the drive components and semiconductors.

    Read More »

Filter News Posts

Reset

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