2021-03-23
107,250 units is the estimate by Power Systems Research of the number of Snowmobiles to be produced in Canada, Finland, Italy, Japan, and the U.S. in 2021.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
2021-03-19
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.
2021-02-22
Sources: Volvo Penta Press Releases, IBI News, Boating, Trade Only Today
Volvo Group announced that the company will focus on sustainable solutions in all business areas, from trucks and buses through construction to its marine division. The group objective is to become a zero-emission company by 2050, at the latest.
As part of this changeover, the Volvo Penta division, the world leader in marine engine and propulsion systems, is cutting its outboard engines production and sales. This reverses a major acquisition the company made in 2017.
2021-01-25
Komatsu plans to release a battery-powered compact excavator that emits no exhaust gas in Europe in 2022. The company will also promote the quietness of the product and expects to use it in residential areas. Hitachi Construction Machinery will also double orders for electric excavators in fiscal 2021 compared to the previous year. Following the trend in the automobile industry, competition in the field of electric construction machinery is now in full swing.
The compact excavator to be launched by Komatsu will use lithium-ion batteries that are lightweight and can operate for a long time. It uses a motor instead of an engine, making less noise and emitting no exhaust gas. The company will first market the product in Europe, where environmental regulations are strict, and then consider launching it in Japan. Komatsu began renting several small excavators powered by lead-acid batteries on a trial basis in Japan in April 2020.
CNH Industrial is in talks with China’s FAW over the future of truck maker Iveco, the Italian-American group said recently after sources told Reuters it had revived previously aborted negotiations.
Source: Reuters Read The Article
PSR Analysis: Another positive development in the industry during such a gloomy crisis, FAW fits the merger success story I just mentioned about the few surviving companies. There are for sure many challenges ahead with the acquisition, particularly after the take-over, but there are so much to celebrate if the deal can be finalized.
Both Europe and China are investing in each other’s market, Scania, MAN, Daimler and Volvo are all setting up new factories or strengthening ties with current partners in China.
And now we see FAW is putting their focus in the European market by engaging with Iveco. Both sides have seen potential growth on one another’s market. European truck makers will bring along new concept and technology to China’s market and likes of FAW will bring along cost saving and localization practices for its European counterparts
This is another sign that Chinese companies are moving more and more of their focus on the overseas markets, we will only see more of this coming in the future. PSR
Qin Fen is Business Development Manager-China for Power Systems Research
2020-12-21
Magni TH, an Italian manufacturer of material handling equipment, has signed an agreement with Bobcat to supply a range of rotating telehandlers (RTH) between 18 and 39 meters.
The new machines will be produced in Italy, by Magni TH, with the Bobcat branding and stage V engines. In order to achieve demand Magni has already developed a new facility, allowing the company to produce 3500 rotating telehandlers per year, once at full capacity. This agreement will allow Magni to grow significantly according to their president and founder, Riccardo Magni.
2020-12-01
On November 30th, Power Systems Research with JCB Power Systems presented a webinar providing the 2021 outlook for construction equipment production and engine emissions trends in North America, South America and Europe.
The presentation included the latest information on COVID-19 impacts on construction equipment production. JCB Power Systems provided details regarding emissions in developing engine technologies that are coming to market across the globe.
2020-11-24
The year 2020 started very well for pleasure boat builders across the Europe but it was battered in mid-year by COVID-19. The Dusseldorf trade show, Boot, held at the end of January, ended with a positive outlook and promising results for 2020. Order books were full, thanks to the great boating mood created in previous years.
The unexpected and violent Covid-19 storm came up in March. Nobody was prepared to face the challenge. Builders had to stop production or to reduce their capacities to a minimum during April and May. Production schedules had to be reorganized according to security measures imposed by the local governments.
2020-11-19
On Monday, Nov. 30, 2020, at 9:00 am CST, representatives of two leading international firms will present a free one-hour webinar discussing the construction outlook in Europe and North and South America.
During the session, Power Systems Research and JCB Power Systems will present the latest information on the impact of COVID-19 on construction equipment production. JCB will provide details on emissions in developing engine technologies that are coming to market across the globe.
2020-10-28
Scania, a Swedish truck manufacturer, is developing an 18-meter long solar cell-clad trailer that will be able to generate energy from devices along 140m2 of surface area on the sides and roof.
According to the truck manufacturer, the powered trailer will be able to generate fuel saving between 5% and 10% in northern Europe, and up to double that in sunny regions like Spain. The tests are also validating the use of the trailers as power stations to feed the main grid, once they have completed charging the batteries and the vehicle is stationary.
Source : Read The Article
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