2023 Cannes Yachting Festival Sets Records

News: Europe

2023-10-23

2023 Cannes Yachting Festival Sets Records

EUROPE REPORT
Natasa Mulahalilovic
Natasa Mulahalilovic

The 46th Cannes Yachting Festival was the largest one ever, hosting 610 exhibitors and 705 boats. The Cannes Yachting Festival remains the largest and the most visited European pleasure boat show organized on the water.

The show’s organizers said the event has never hosted that many motor and sailing, mono and multi hulls, outboard boats, ribs and semi-rigid boats, tenders, electric, hydro-foiling, and other types of boats. 

The show ran Sept. 12-17, offering six days of meetings and exchange with boat builders, engine and equipment manufacturers, designers and architects and other professionals from the pleasure marine industry.

The event hosted by a beautiful Mediterranean Cannes attracted 55,000 visitors coming from more than 130 worldwide countries. As usual, it was organized in two locations in the city, Vieux Port and Port Conto des Cannes. Motorboats and yachts in all sizes and with all propulsion types were displayed at the Vieux Port and sailing yachts and catamarans at the Port Canto des Cannes.

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EU May Impose Tariffs on Chinese EVs

In her annual State of The EU address on Sept. 13, 2023, European Commission President Ursula von der Leyen suggested that Chinese manufacturers are dumping Chinese EVs on EU customers that are priced below what domestic manufacturers charge.

She suggested that the root cause of the problem is the heavy subsidies provided to Chinese automakers by the central government — subsidies that allow them to sell Chinese EVs at artificially low prices to the detriment of domestic companies. If so, she warned the EU would consider imposing new tariffs on Chinese cars to level the playing field.

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2023-09-21

The Hydrogen Stream: Hydrogen Buses Less Efficient than Battery Models

Eurac Research scientists have analyzed data from 21 fuel cell electric buses (FCEB) and battery electric buses (BEB) in Italy, comparing efficiency, consumption, temperature sensitivity, distances, and cost, and they discovered that Hydrogen buses’ tank-to-wheel (TTW) efficiency is lower than battery electric buses, indicating higher consumption variation for BEBs.

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Zepp Gets Financial Boost To Build State-of-the-Art Fuel Cell Systems Factory

Dutch company Zepp.Solutions, one of Europe’s leading hydrogen fuel cell system suppliers, has secured €1.98 million ($2.16 million) grant funding from the European Just Transition Fund (JTF) to develop a cutting-edge fuel cell systems factory in the Netherlands.

Zepp’s goal is to speed up the energy transition and foster reliance in the labor market with support from the Ministries of Economic Affairs and Climate and Social Affairs and Employment, and the municipalities in the Dutch Greater Rijnmond area.

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2023-09-15

Hydrogen Fuel Cell MH Commercial Vehicle Update

Chris Fisher
Chris Fisher

With regards to zero-emission medium and heavy vehicles, we have heard during the past few years that battery electric commercial trucks will ultimately replace the diesel-powered internal combustion engine for commercial trucks.  At some point in the future this might be true for short and regional haul freight carriers but what about the long-haul heavy truck segment? 

Currently, the lack of charging infrastructure, range anxiety and the extreme weights associated with the batteries will be a significant deterrent to mass adoption of long-haul battery electric trucks.  However, hydrogen fuel cell trucks for long-haul applications appear to be a viable option in this segment.  Even though fuel cell trucks currently have a greater range and lighter weight than battery electric trucks, they have the same problem as electric trucks due to a lack of a power infrastructure.

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2023-08-20

New Machinery Requirements

Christopher Bamforth
Christopher Bamforth

New Machinery requirements have been published for Europe and will replace the existing Machinery Directive Jan. 20, 2027. OEMs will have to be compliant with the new requirements on that day since there is no transition period.

With a heavy focus on safety, the environment and machine learning, the main takeaways are that these are EU regulations. This means that manufacturers will not have to wait for each member state’s upgrade of the regulation into law. This may streamline the process although it could mean big changes for some member states that previously had fewer requirements.

And there’s another important consideration. Since we have entered the digital age, all certifications and instructions can be in digital format. One exception is the non-professional machinery’s safety measures which must be included in paper format.

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2023-07-27

Offshore Hydrogen Could Be 10x Cost Of LNG

European energy policy makers apparently are taking a DNV report on offshore hydrogen manufacturing seriously. But this doesn’t stand up to scrutiny, in either its assumptions or its conclusions, according to this article.

DNV is an international classification organization that sets standards for ships and offshore structures, according to Wikipedia.

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2023-06-19

Battery Recycling Center Will Have A Big Impact On Europe

Guy Youngs
Guy Youngs

Recycling lithium-ion batteries is extremely important, as these batteries contain valuable metals such as cobalt, copper, and lithium that can be recovered and reused. By recycling these metals, we can reduce our reliance on mining and extractive activities that aren’t free or even cheap.

Li-Cycle (a recycling company) and Glencore (a mining company) have partnered to do something significant in this space. The proposed “Portovesme Hub” would focus on producing essential battery materials like cobalt, lithium, and nickel by recycling used battery content. A letter of intent has been signed to commence the preliminary discussions.

Source: CleanTechnica   Read The Article

PSR Analysis:  This facility can’t take care of Europe’s full battery recycling needs, but the research and development of mass recycling processes sets the stage for future facilities that will take care of the rest of the needs. So, this announcement is both good for the near-term and the long-term future.   PSR

Guy Youngs is Forecast & Adoption Lead at Power Systems Research

2023-04-18

Group Beneteau Forecasts 10% Growth in 2023

EUROPEAN REPORT 
Natasa Mulahalilovic
Natasa Mulahalilovic

Groupe Beneteau, one of the world’s leading manufacturers of pleasure boats and mobile homes, posted revenue of USD 1.6 million (1.508,1 million EUR) for 2022. The boat division generated USD1.3 million (1.250,9 million EUR), 83% of the group’s total revenue.

The Group order books are full for this year. The forecast is for 10% growth compared to revenues achieved in 2022. Last year, revenues by market were at 613.20 million EUR for Europe, 424.4 million EUR for North America and 135.9 million EUR for other regions.

The group plans to launch 13 models in 2023, of which five will be new models of dayboats, four models of sailing yachts, two models of sail catamarans and two models of power catamarans. 

The boat division revenues increased 19.7% compared to 2021. The motorboats division contributed 58% of the total and the sailing division added 42%. The best-selling boats are the motor dayboats in size up to 8 meters followed by the sailing multihulls over 10 meters.

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Vingroup To Enter EV Cab Market

VIETNAM REPORT
Akihiro Komuro
Akihiro Komuro

Vingroup plans to launch a cab business using EVs in the country in April. The founder and chairman of the company has established a new company, owning a 95% stake. The company plans to start the service in Hanoi, the capital of the country, and expand it nationwide within the year. The company also hopes to increase awareness of its products.

The new company, Green and Smart Mobility (GSM), is capitalized at US$ 128 million (VND3 trillion, approximately 17 billion yen) and will develop a cab business using EVs as well as a business that rents EVs and electric bikes to other cab companies, etc. GSM plans to use 10,000 EVs and 100,000 electric bikes.

Source: The Nikkei

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