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A Failed Experiment? Biofuels Under Spotlight

News: Production

Home » News » Production

2026-04-19

A Failed Experiment? Biofuels Under Spotlight

Guy Youngs
Guy Youngs
Guy Youngs

On  March 31, EU ministers met to discuss the global shortage of around 11million barrels of oil per day. At the meeting, European Commissioner Dan Jørgensen urged nations to outline measures to reduce the use of oil and gas, particularly in transportation. The effective closure of the Strait of Hormuz has caused panic within Europe. As a result, the EU has been advised to consider biofuels as an alternative to fossil fuels.

Unlike America, Europe is struggling to find sources of oil that are either not in Russia nor the Middle East. As a result the European Union has been advised to look again at Biofuels.

Read More»
Categories: Alternative Power, AltPwr, Company News, eMobility, Production
Office: United States Offices

US Battery Recycler Lands $1.1B Metals Refining Deal

Guy Youngs

In Tokyo, at the first Indo-Pacific Energy Security Ministerial and Business Forum, Nth Cycle (a critical metals refining company) signed a massive US$1.1 billion, 10 year, agreement to provide recycled battery metals.

Refining battery metals in the US and Europe has been difficult to scale up because the more traditional refineries often require billions of dollars in upfront investment, take a long time to get all the necessary permits and require huge amounts of material in order to be profitable.

Read More»
Categories: Alternative Power, Batteries, Production
Office: United States Offices

Oil Crisis Makes Drivers Reconsider Electrics

Guy Youngs

The US-Israeli attack on Iran, and Iran’s retaliation has caused a massive rise in the costs of petrol and diesel. In the UK, petrol is up around 30% and diesel is up around 50%. In the USA, average gas prices were up by 33% in early April

There seems to be a never ending cycle of oil-related problems. In 2008, supply, demand and speculation caused a massive price hike. In 2022, Russia invaded Ukraine causing another oil price hike. And now, the US-Israeli attack on Iran has driven yet another price hike. The fundamental problem is that transportation remains totally dependent on oil, and oil prices are set by a very volatile global market.

Read More»
Categories: Alternative Power, Construction, Diesel, Industrial, Marine, Passenger Cars, Minivans, and SUVs, Production
Office: United States Offices

2026 Global MHCV Production Increases Seen

Chris Fisher
Chris Fisher
Chris Fisher

Global medium and heavy truck production is expected to increase in most important regions this year, but China’s MH truck segment probably will see a major structural change. Overall production in South America is expected to be flat, although Argentina is likely to post a gain of almost 10%.

North America. Medium and heavy truck production in North America is expected to increase by 9.4% this year compared with low 2025 production. While class 8 truck production is expected to increase by 11.3% this year as order rates for class 8 trucks improved strongly from December – March. 

Read More»
Categories: Commercial Vehicles, Global, Production
Office: United States Offices

Volvo Moves into Big Electric Equipment

Emiliano Marzoli
Emiliano Marzoli
Emiliano Marzoli

Volvo Construction Equipment has officially transitioned the A30 Electric and A40 Electric articulated haulers into serial production at its Braås site in Sweden. Originally unveiled as prototypes at bauma 2025, these machines represent the largest electric articulated haulers currently available on the global market, boasting payloads of 29 and 39 tons, respectively.

Designed for high-utilization environments like large-scale infrastructure projects and mining, the haulers offer up to six hours of operation on a single charge, depending on the application. The first production units are scheduled for delivery to customers in the United Kingdom and Norway this month.

This move solidifies Volvo’s commitment to lead the heavy-duty transition, moving beyond compact machines into the most energy-intensive segments of the construction industry.

Read More»
Categories: Alternative Power, Construction, Electrification, Europe, Industrial, Production
Office: Europe Office

KTM Completes Strategic Realignment

Emiliano Marzoli

April 2026 marks a pivotal month for KTM as it completes its transition under the Bajaj Mobility AG umbrella. Following a challenging 2025, the company launched the 2026/27 Freeride E, its most advanced electric off-road motorcycle to date. Produced at the expanded E-mobility Hub in Mattighofen, the new model features a 5.5 kWh MX50 battery and a 26 hp motor, representing a major leap in power-to-weight ratio for the brand.

Read More»
Categories: Alternative Power, Electrification, Europe, Financial, Passenger Cars, Minivans, and SUVs, Production, Recreational Products
Office: Europe Office

Indian Preet Plans Tractor Manufacturing Plant

Fabio Ferraresi

Preet, an Indian agricultural machinery manufacturer, has announced plans to establish a tractor production facility in Brazil, in a move to strengthen its presence in the South American agricultural equipment market. The project involves local assembly operations designed to increase market proximity, reduce logistics costs and improve competitiveness in segments typically dominated by established global OEMs.

The investment reflects a strategy to expand the company’s manufacturing footprint in regions with strong demand for agricultural mechanization, particularly in medium-horsepower tractor categories.

Read More»
Categories: Agricultural, Production, South America/Brazil
Office: Brazil Office

GAC Plans Vehicle Production in Brazil

Fabio Ferraresi

Chinese automaker GAC has announced plans to establish vehicle production in Brazil as part of its strategy to expand its presence in Latin America. The initiative involves local manufacturing operations aimed at improving cost competitiveness, mitigating import tariffs and enabling greater alignment with local regulatory and market requirements. The company has been advancing its global expansion strategy with a portfolio that includes internal combustion engine (ICE), hybrid and battery electric vehicle (BEV) powertrains. Local production is expected to support supply chain development and improve access to financing mechanisms tied to domestic manufacturing, while strengthening the brand’s positioning in one of the region’s largest automotive markets.

Read More»
Categories: Central/South America, Passenger Cars, Minivans, and SUVs, Production
Office: Brazil Office

2026-04-18

Yanmar To Build Plant for Marine Hydrogen Engines

Akihiro Komuro
Akihiro Komuro
Akihiro Komuro

Yanmar Power Solutions is advancing the development of engines that are compatible with next-generation fuels. In anticipation of future increased production volumes of marine and land-based engines, the company has acquired a site in Amagasaki City, Hyogo Prefecture.

The new plant will be used to conduct test runs of marine hydrogen engines and to reorganize and strengthen production capabilities, including those of existing plants. The new plant is scheduled to begin operations about March 2029.

In the marine industry, there are ongoing efforts to develop and commercialize decarbonization technologies with the aim of achieving carbon neutrality by 2050. Leveraging its expertise in engine development and production, Yanmar Power Solutions plans to develop powertrains compatible with next-generation fuels, including hydrogen, methanol and ammonia, and establish production systems to support them.

Read More»
Categories: Construction, Japan, Marine, Off-Highway Equipment, Production
Office: Japan Office

HD Construction Introduces Electric Safety Training

Akihiro Komuro

SOUTH KOREAREPORT

In response to the growing adoption of electric construction equipment, HD Construction Equipment has introduced South Korea’s first safety management certification system for high-voltage systems. The system is designed to educate specialists in maintaining and inspecting high-voltage batteries and electrical systems in electric excavators and other machinery.

Recognizing that the expansion of electric construction equipment requires addressing safety risks that differ from those of conventional diesel machines, the company has developed educational programs and a certification system. Certified individuals receive specialized training in handling high-voltage equipment, troubleshooting, and maintenance operations.

The company positions this initiative as part of the infrastructure development required for the expansion of the electric construction equipment market. HD Construction Equipment plans to continue fostering relevant talent and strengthening its service infrastructure.

Source: HD Construction Equipment

PSR Analysis: I think this initiative shows that South Korean construction equipment manufacturers are starting to see electrification as more than just product development. They view it as an “operation-oriented industrial infrastructure” that includes service systems and workforce development.

Electric construction machinery requires high-voltage batteries and electrical systems, so it demands different maintenance skills than conventional diesel machines. Against this backdrop, manufacturers’ move to establish a certification system reflects their intention to establish electrification in the market as a total solution that includes operation and maintenance, not as a standalone product.

In this regard, South Korean manufacturers’ approach appears to differ from that of their European and American counterparts. In Europe and the United States, service systems based on existing dealer networks are well-established, and efforts regarding electric construction machinery proceed as an extension of these frameworks.

In contrast, Korean manufacturers are proactively establishing certification systems and training programs to address the new risks associated with electrification. This proactive approach effectively mitigates operational uncertainties during the initial stages of electrification, potentially providing a competitive advantage, especially in regions with underdeveloped service infrastructure. PSR

Akihiro Komuro is Research Analyst, Far East and Southeast Asia, at Power Systems Research

Categories: Batteries, Construction, Electrification, Off-Highway Equipment, Production, South Korea
Office: Japan Office

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