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  • PowerTALK™, April 2022

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    This issue of PowerTALK News contains articles on the Yanmar acquisition of ELEO Technologies and several articles about alternative power sources. You can also read about the Q1 2022 PSR Truck Production Report here.

    IN THIS ISSUE  

    • Truck Production Index Drops
    • DataPoint: NA Lawn & Garden Tractors
    • Europe: Yanmar Acquires Tech Firm
    • South America:
      • Fleet Renewal Program Goes Live in Brazil   
      • Tupy Acquires MWM in Brazil
    • China: Five Year Plan Pushes LNG
    • Japan: More on Yanmar Purchase
    • SE Asia:
      • Thai Incentive Program to Promote EVs, Starting in 2022
      • Korea To Increase EV Battery Material Production
    • India: Maruti Suzuki To Build EV-Battery Plant

  • Q1 2022 Power Systems Research Truck Production Index (PSR-TPI) Drops 4.4%

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    ST. PAUL, MN — The year-over-year (Q1 2021 to Q1 2022) Power Systems Research Truck Production Index (PSR-TPI) dropped 114 to 109, or 4.4%. For the three-month period ended March 31, 2022, Q1 2022, the TPI decreased 9.2%, declining from 120 to 109.

    The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

    This data comes from OE Link™, the proprietary database maintained by Power Systems Research. PSR

  • German Soccer

    The European office of Power Systems Research (PSR) this season sponsored a local soccer team in Germany. The A youth of the SSG Gravenbruch is playing in the district class in the district of Offenbach am Main. The club currently occupies fourth place out of a total of 10 teams. The club is coached by Dalibor Sablic, an account manager for PSR.

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  • Hon Hai Delivers First EV Bus To Kaohsiung City in Taiwan

    TAIWAN REPORT

    On March 3, Hon Hai Precision Industry delivered its first EV, the Model T commercial bus, to a bus route operator based in Kaohsiung City in southern Taiwan. The company aims to deliver 30 buses by the end of this year to expand its EV business, which is a new entry into the market, and the key to its future growth will be the extent to which it can break away from its business model that relies on contracted production of iPhones.

    The "Model T" was delivered to Kaohsiung Bus Company.…

    Read More »

  • Russia Shuts Down Half of Auto Plants

    RUSSIA REPORT

    Maxim Sakov
    Maxim Sakov

    March 10, 2022–The volume of working auto production facilities in Russia has dropped by 45% since the invasion of Ukraine. On March 3, work continued in Russia on 55% of the facilities for assembling LCVs and passenger cars, comparing to 2021. Last year, domestic operations produced 83% of sales in Russia.

    Work continues at AutoVAZ (in Tolyatti and Izhevsk), Stellantis and Mitsubishi alliance (PSMA Rus plant), Autotor (Kia and Hyundai assembly), Nissan, Haval, GAZ, UAZ, Mazda Sollers and Isuzu. The total number of vehicles produced by these enterprises has reached 766,000, which is 55% of the sales produced by the Russian automotive industry last year. The total annual production capacity of Russian automotive industry is about 2.7 million vehicles.

    After implementation of Western sanctions and the volatility of currency exchange, automakers started raising prices and stopped production and shipping cars. Companies such as Volkswagen, BMW, Renault, Mercedes, Hyundai, Toyota, Sollers Ford have announced the temporary closing of factories. Closed import to Russia Audi, Porshe, GM, Jaguar Land Rover, Lexus, Volvo, Honda, Mazda and others.

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  • Foreign Automakers Face Ultimatum

    RUSSIA REPORT

    March 10, 2022–Foreign companies which have paused their business operations in Russia must resume their work, or face bankruptcy of their Russian division.

    Foreign companies made huge investments to localization production in Russia, and they don’t want to leave the Russian market, but they face unprecedent pressure by their own regulators. In this situation the government has developed three scenarios for foreign concerns’ subsidiaries which have production plants in Russia.

    Read More »

  • Caterpillar Plans To Stop Production in Russia

    RUSSIA REPORT

    March 10, 2022—The American company Caterpillar, specializing in construction and mining machines, has suspended work at its plants in Russia because of the situation in Ukraine. Caterpillar said it is donating more than US$ 1 million to the victims of the crisis.

    “We are deeply saddened by the tragic events continuing to occur in Ukraine and hope for a peaceful resolution to the crisis. Through the Caterpillar Foundation, we are donating more than $1 million to support both urgent and…

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  • KAMAZ Changes Truck Models Following Daimler’s Exit from Russia

    RUSSIA REPORT

    March 10, 2022—The KAMAZ plant, which was hit by sanctions, has production orders only until the end of March. Currently, the OEM is working through orders for April and May, according to a company official. Company operations are linked to supplies from Europe, which have been halted, he said.

    He also added that production continues, but changes in model range cannot be avoided. The main efforts of the OEM will be concentrated on deeper localization of trucks and rearranging production using local components.

    Read More »

  • Electric VW E-Delivery Has New Chargers and Reach Into Colombia

    BRAZIL REPORT
    Fabio Ferraresi
    Fabio Ferraresi

    VWCO will increase the offer of homologated chargers and now it can be charged in more than 10 different wall boxes. In addition to the new chargers, VW is starting the sale effort in Colombia in agreement with Porsche Colombia, with versions of 11 and 14 tons.

    Source: Automotive Business    Read The Article

    PSR Analysis: Colombia is a market with high acceptance for EV and alternative propulsion and sales of this vehicle should grow fast. Total cost of ownership is still…

    Read More »

  • São Paulo Starts Construction of BRT Aiming Electric Buses

    BRAZIL REPORT

    The São Paulo Government has announced the start of a BRT line, going through cities surrounding the São Paulo capital city with plans to be operating in 2023. This line has 17 km of extension and will use 82 Battery Electric Articulated 23 meter buses.

    Source: M&T      Read The Article

    PSR Analysis: The cities surrounding São Paulo Capital have started deploying the initiatives of the main city, as expected. São Paulo City has a more aggressive plan for using BE Buses  with 800 for…

    Read More »

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