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Foton Announces Electric Truck in Brazil
After adding 28 Ford dealers to bring its dealer total in Brazil to 38 dealers, the Chinese giant is preparing to introduce an EV to i its new lineup in H2 2021. It plans to add trucks in the 17 ton – 24 ton range for 2022, the most popular in Brazil. In addition to the EV and Diesel Trucks, Foton will evaluate the potential for a CNG Trucks for launch after the EV, but it has shorter term potential for higher volumes.
Source: O Estado de São Paulo Read The Article
PSR…
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100% Green Hydrogen Powered Ferry Planned by 2027

Natasa Mulahalilovic The European Union’s private and public sectors are working hard on developing projects that could accelerate the transition from the fossil fuel powered to the zero-emission shipping.
One of the leading joint efforts is the project created by Danish ferry operator DFDS, Swiss-Sweden giant ABB, Danish fuel cell manufacturer Ballard Power Systems Europe, the global leader in zero-emission e-mobility Hexagon Purus, wind power generator Orsted, Lloyds Register and Danish Ship Finance.
The project is designed to build a 100% green hydrogen powered ferry by 2027.
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PowerTALK™ News, February 2021
Chris Fisher, senior commercial vehicle analyst at Power Systems Research, provides a forecast in the February 2021 issue of PowerTALK™ News for MHV.
Here are more articles in this issue:
North America: Electric MotorcyclesDataPoint: Global SnowmobilesEurope: Volvo Penta Plans Zero EmissionsSouth America: Brazil Vehicle Exports Up 22%Taiwan: Innovation Powers Gorgoro NetworkJapan: Honda Launches Electric BikeSouth Korea: Hyundai Offers Custom EVsIndonesia: New Tesla Investment?India:…
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Transmash-Holding Purchases Rolls-Royce Plant in Norway
TMH-international, the international division of TMX, has agreed to purchase the British Rolls-Royce Group engine plant in Bergen, Norway. The plant makes Bergen diesel and natural gas engines.
Bergen includes metal processing, assembling, precise casting, repair workshops, design bureau and service network in seven countries.
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Union Budget 2021 Misses Mark for Autos

Aditya Kondejkar The Union Budget 2021 is very important since it comes during an unprecedented pandemic. The most significant pain points of the economy are the lack of demand and liquidity. The shrinking market’s impact and the weak demand is evident after the Economic Survey said that the country would experience a current account surplus for the first time in 17 years.
The automotive industry is the key stakeholder of the country’s economy. It suffered extensive sluggishness in the past 10-12 quarters after introducing GST, the new safety norms, insurance regulations, axle, and emission norms. These led to a hefty increase in purchase costs. The industry was waiting for direct announcements to reduce purchase cost and improve customer sentiment
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Tesla Proposes Investment in Indonesia to Promote EV Industry

Akihiro Komuro The Indonesian government announced on Feb. 5 that it had received an investment proposal from Tesla. The country is the world’s largest producer of nickel, which is essential for the production of batteries for EVs. In order to promote the EV and battery related industries, Indonesia had invited Tesla to invest in the country.
Details of the talks between Indonesia and Tesla cannot be disclosed due to confidentiality agreements, but it is said that they have mainly discussed battery and energy storage solutions. The Indonesian vice-minister said, “If Tesla only wants to buy raw materials, we are not interested. The proposal is more than the procurement of raw materials and extends to energy storage systems such as MegaPack, PowerPack and Powerwall,” he said.
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Honda Launches Electric Bike for Business
Honda announced the “GYRO e:” and “GYRO CANOPY e:” as planned commercial models of electric three-wheeled scooters for business use that use replaceable batteries. The new models will be marketed as the Honda e: Business Bike series together with the BENLY e: business electric two-wheeled scooter, which has been sold to corporate customers since April 2020.
The GYRO series will be used in many business applications such as deliveries. The GYRO series is a three-wheeled model with one wheel in the front and two in the rear to increase stability, and there is also a “CANOPY” model with a roof and wipers that can handle a little rain.
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Gogoro Network Powered Through Innovative Solutions
To date, there have been over 151 million battery swaps, an average of 2.8 per second.

Erik Martin TAIPEI (Taiwan News) — Imagine being asked to design and build a totally new, green energy infrastructure for an entire country — from scratch.
This was the goal given to Gogoro Network (GN) General Manager Alan Pan (潘璟倫) by Gogoro founder and CEO Horace Luke (陸學森). Sitting down for an interview with Taiwan News, Pan described some of the issues electric scooters faced before Gogoro, including limited charging solutions due to lack of space in Taiwan and high battery and maintenance costs.
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Vehicle Exports from Brazil Grew 22% in January

Fabio Ferraresi With 25,000 units shipped in January 2021, exports of vehicles grow 21.9 % compared with January 2020 and 24.2% compared with December 2020. The volume surprised ANFAVEA, which was expecting worse numbers because of the effects of the pandemic in the South American Countries, traditional destinations for Brazilian vehicle exports.
PSR Analysis: This result is positive compared to our initial forecast of a slow recovery of South American countries. On the other…
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New Wave of COVID-19 Cuts Brazil Motorcycle Production by 50%
Manaus-AM had the biggest impact of COVID 19 in Brazil and it is where Honda and other Motorcycle OEMs have production plants. Honda, responsible for over 80% of the production, had to stop twice in January due to the pandemic effects. The consequence is that the production in January 2021 fell by 50% when compared with January 2020 and by 27% when compared with December 2020.
Source: Press Release Read The Article
PSR Analysis: The demand for motorcycles remains high and the…