Regions | Power Systems Research

2024-11-13

MOVIMAT 2024 Highlights Electric Products

SHOW REPORT

For more information on the OEM products market, visit OE Link, the Power Systems Research proprietary OEM products database.

The 35^th MOVIMAT show brings together the entire integrated logistics chain for Latin America. Held in conjunction with the 2024 Fenatran International Road Cargo Transport Show in São Paulo, Brazil, the event attracted a diverse range of exhibitors, including buyers from industries such as distribution, wholesale, retail, and e-commerce, as well as the latest integrated solutions focused on Industry 4.0.

Over the five days of the fair, MOVIMAT provided an opportunity to explore new product launches, establish connections, and gain deeper insights into the forklift segment, particularly in terms of production and sales levels.

Notably, there was significant attention on the rapid growth of Lithium-Ion battery technology in the region. The South America Power Systems Research (PSR) team attended the event to learn more about these developments and the companies that are making them happen. PSR

Heitor Greco Aguiari is Analyst – Industrial and Off Highway at Power Systems Research

Categories: Central/South America, Electrification, Industrial, PowerTALK, Production, Show Reports

Office: Brazil Office

2024-11-12

Fenatran International Road Cargo Transport Show

Fabio Ferraresi

SHOW REPORT

For more information on OEMs in the industrial products market, visit OE Link, the Power Systems Research proprietary OEM products database.

Fabio Ferraresi Dir. Business Development South America

Fabio Ferraresi holds a Bachelor degree in Mechanical Engineering from the University of São Paulo, and he received his MBA in Business Management from Fundação Getúlio Vargas. He also holds CMQ-OE and CQE certifications from American Society for Quality. He has experience in automotive business in South America and Asia. He has worked for Eaton Corporation for 12 years in Brazil and China in positions such as supplier development manager, supply chain manager, factory manager and quality manager. Fabio also serves as business development director of Grupo Engenho, a consulting company with activities in business management and Operational excellence. Fabio joined the Power Systems Research team in 2014.

Fenatran is one of the largest transport and logistics fairs in Latin America. It is held every other year in São Paulo, Brazil. This year it was held Nov. 4 – 8 and, as usual, introduced significant launches in the road transport sector, focusing on innovation, sustainability, and connectivity.

This year’s edition featured 600 exhibitors, including 74 new brands, spread across an area of over 100,000 m²; more than 60,000 people attended. The Power Systems Research team in South America visited the show to monitor trends

Categories: Central/South America, Commercial Vehicles, Electrification, PowerTALK, Production, Show Reports

Office: Brazil Office

2024-10-15

Alternative Power Report, October 2024

Guy Youngs

Alternative Power Report – Oct 2024 Download

There’s plenty of news on battery development of EVs in the October 2024 issue of the Alternative Power Report published by Power Systems Research. You can also read about VW’s plans to restructure its labor force, as well as several articles on hydrogen power. PSR

Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research

Categories: Alternative Power, Alternative Power Reports, AltPwr, Batteries, Europe, Hydrogen, Passenger Cars, Minivans, and SUVs, Production

Office: United States Offices

2024-10-14

EU OKs Tariff Hike on Chinese EVs

Jack Hao

The European Union has approved a tariff increase on Chinese electric vehicles, according to the report from Agence France-Presse. Politicians and industry representatives from several European countries had previously expressed opposition to the European Commission’s investigation, and China also condemned the EU’s move to impose additional tariffs on Chinese electric vehicles as a typical act of protectionism.

Several European diplomats told Agence France-Presse that despite strong opposition led by Germany, the EU still approved the imposition of high tariffs on Chinese electric vehicles. According to the report, 10 countries, including France and Italy, supported the imposition of a tariff of up to 35.3% on top of the existing 10% tariff. Five countries, including Germany and Hungary, voted against, and another 12 countries abstained.

Categories: Economics, Europe, Passenger Cars, Minivans, and SUVs, PowerTALK

Office: China Office

2024-10-12

Randon Delivers First Electric Drive Semi-Trailer

Fabio Ferraresi

Randon showcased its innovations at two major global mobility fairs. At the IANA Intermodal Expo in the U.S., it celebrated delivering its first container chassis semi-trailer with the e-Sys system to the North American market. This sale was made through its subsidiary, Hercules Chassis, to South Carolina Port Authorities. Randon also participated in the IAA Transportation fair in Germany, where it focused on expanding exports from its U.S. subsidiary, especially targeting the African market.

Source: Press Release Read The Article

PSR Analysis: This announcement opens doors for Randon to increase its market penetration in the U.S. and possibly expand into neighboring markets such as Canada and Mexico. Success with this technology in one of the largest global markets can also enhance Randon’s brand recognition, credibility, and export potential, especially in regions that prioritize advanced and sustainable logistics solutions. PSR

Fabio Ferraresi is Director Business Development-South America for Power Systems Research

Categories: Central/South America, Commercial Vehicles, Electrification, North America, PowerTALK, Production

Office: Brazil Office

Brazil Set To Start First Natural Gas Truck Corridor

Fabio Ferraresi

BRAZIL/SOUTH AMERICA REPORT

Eneva, a natural gas operator, plans to supply liquefied natural gas (LNG) for Virtu LNG’s truck fleet, starting in January 2025. This fuel will be used for the logistics and distribution operations of Yara Brasil, a global leader in plant nutrition.

The initiative will begin in Maranhão and is expected to expand to other states. The transportation contract was signed on September 24 at the ROG-e fair, a major oil and gas event.

Categories: Central/South America, Commercial Vehicles, LNG, PowerTALK

Office: Brazil Office

AEC Discusses New Goals as Markets Integrate

Akihiro Komuro

SOUTHEAST ASIA REPORT

The Association of Southeast Asian Nations (ASEAN) has outlined the framework for a new implementation plan for the ASEAN Economic Community (AEC), which is attempting to integrate the regional market. The plan will focus on digitalization and decarbonization of the economy as key objectives to be achieved by 2026-30. It will accelerate the integration of the market of 700 million people.

According to the draft plan, it will be structured around six goals, including creating an environment that encourages technological innovation, attracting investment in the green economy and building a food security system. It will include more than 200 specific implementation plans. The plan will be discussed at the ASEAN summit, which began in Laos on Oct. 9, 2024.

The plan includes creating a renewable energy supply network that spans member countries, making it easier for companies to provide financial services, such as fintech, across multiple countries in the region. In addition to digitizing trade transactions to facilitate trade, discussions are underway to include cooperation in the development of EV supply networks and infrastructure.

Categories: Economics, PowerTALK, Production, Southeast Asia

Office: Japan Office

Electric Tractors Near for India Agriculture

Aditya Kondejkar

INDIA REPORT

As India continues to embrace electrification across many sectors, agriculture stands as one of the next frontiers for transformation. Despite substantial progress in electric vehicles (EVs) for urban mobility, the Agricultural sector, particularly off-road machinery like tractors, remains largely unaddressed. Yet, with emerging technological innovations and government support, electric tractors are poised to revolutionize Indian farming.

Government Initiatives and the Current Landscape.India’s government has taken significant steps to encourage electrification in multiple sectors. Initiatives such as FAME I & II, the Production-Linked Incentive (PLI) scheme, and the Electric Mobility Promotion Scheme (EMPS) have propelled the EV market forward. By the end of FY2024, cumulative EV sales reached over 4.1 million units, primarily dominated by two-wheelers and three-wheelers. However, the agricultural sector remains an exception, with minimal progress in electrifying farming machinery.

Categories: Agricultural, Electrification, Indian Subcontinent, PowerTALK, Production

Office: India Office

VW Employment “Earthquake” Hits Germany

Guy Youngs

ALTERNATIVE POWER REPORT

Volkswagen Group has let it be known that it might need to shutter two factories in Germany. It also indicated it might need to end the “guaranteed employment” policy it has adhered to for decades that is designed to ensure workers there will always be a job for them within the Volkswagen family. The news has rocked the company and has been described as an earthquake by some in the German media

Layoffs, which are common in the industry, are not the Volkswagen way, but now it appears that this promise is in danger as the company struggles to adapt to the current market situation.

Source: Clean Technica Read The Article

PSR Analysis: There is much criticism of VW’s failure to grasp the opportunities presented by the electric and hybrid car markets. There is also a lot of criticism about those EV models that VW does build. This coupled with the fact that every fifth electric vehicle sold in Europe today is produced in China, means that the German auto industry is now in crisis and what it does next may determine if it survives. PSR

Guy Youngs is Forecast & Adoption Lead at Power Systems Research

Categories: Alternative Power, Europe, Passenger Cars, Minivans, and SUVs, PowerTALK, Production

Office: United States Offices

Europeans Unveil Solid-state Battery

Guy Youngs

A European research consortium has produced a prototype solid-state battery using a new manufacturing process that reportedly achieves high energy densities and can be implemented on modern lithium-ion battery production lines.

The “SOLiDIFY” consortium, composed of 14 European research institutes and partners, developed a battery with a pouch cell with an energy density of 1,070 Wh/L, compared to 800 Wh/L in standard lithium-ion batteries

Categories: Alternative Power, Batteries, Europe, PowerTALK, Production

Office: United States Offices

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