Brazil Cuts Taxes on Production of Several Segments

BRAZIL/SOUTH AMERICA REPORT

Taxes on Industrialized Products (IPI) will be reduced by 25% for most of industrialized goods, in a Governmental effort to boost Industry production. The total impact in federal revenue will be US$ 5 billion in 2022.

Source: M&T     Read The Article

PSR Analysis: This should affect positively sales and profitability in all engine powered segments. However, profitability should be more impacted than volume. Construction Equipment should have the higher impact as well as spare parts.   PSR

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

PowerTALK™, April 2022

This issue of PowerTALK News contains articles on the Yanmar acquisition of ELEO Technologies and several articles about alternative power sources. You can also read about the Q1 2022 PSR Truck Production Report here.

IN THIS ISSUE  

  • Truck Production Index Drops
  • DataPoint: NA Lawn & Garden Tractors
  • Europe: Yanmar Acquires Tech Firm
  • South America:
    • Fleet Renewal Program Goes Live in Brazil   
    • Tupy Acquires MWM in Brazil
  • China: Five Year Plan Pushes LNG
  • Japan: More on Yanmar Purchase
  • SE Asia:
    • Thai Incentive Program to Promote EVs, Starting in 2022
    • Korea To Increase EV Battery Material Production
  • India: Maruti Suzuki To Build EV-Battery Plant

PowerTALK™, May 2022

The May 2022 issue of PowerTALK News features articles on the NA production of Hydraulic Power Units, development of bio-fuels in Europe and the successful sales effort of Hyundai EVs at the Indonesia Auto Show.

Inside:

  • DataPoint: NA Hydraulic Power Units
  • Europe: Plant-Based Bio-fuel May Not Replace Fossil Fuels
  • South America:
    • Komatsu Announces Expansion in Brazil
    • Agrishow 2022 Sells US$ 5 Billion in Ag Equipment
  • China: Beijing Plan Calls for 100% EV Commercial Vehicles
  • Japan: MEGURI2040: The Fully Autonomous Ship Program
  • South Korea: Hyundai Sells EVs at Indonesia Auto Show
  • Vietnam:  Dat Bike EV Motorcycle Enters SE Asia
  • India:
    • PMI Electro To Set Up EV Manufacturing Plant
    • Tata Motors: Electrification Is Irreversible Trend

50-Ton Battery-Powered Electric Crane Introduced

The 653 E Electro Battery from Sennebogen is a new 50-ton battery-powered electric crane that was developed with Dutch dealer Van den Heuvel. “The new crane combines the benefits of battery technology with the proven advantages of the telescopic crawler crane design,” the company writes. “This means you work completely emission-free and retain maximum flexibility, thanks to the Dual Power Management system.”

With a 210 kWh battery, the crane is expected to be able to operate for up to 14 hours.

Read More»

PowerTALK™, February 2023

In This Issue

Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America.

  • Alternative Power
    • • 240 Ton Electric Mining Truck Charges in 30 Minutes
    • • Study Shows Plug-in Hybrids Dirtier Than We Thought
    • • From Diesel to DC
    • • Volvo Unveils Electric Concrete Mixer Truck
  • Global: MC Market Grows 5.48%
  • N. America: Charging Infrastructure Blocks Adoption for BEV’s
  • DataPoint: Dumpers/Tenders
  • Brazil/S. America:
    • • Hitech Electric To Produce 100% EV LCVs
    • • Hyundai Keeps Gamma Engine in Units for Colombia
    • • Legislation for AG Tractors Cabin in Brazil Has Changes
    • • January Truck Production in Brazil drops 72%
  • Europe: Deutz, Daimler Align
  • China: Adoption of New Energy Commercial Vehicles Pushed
  • Japan: OEMs Seek Battery Production Channel in NA
  • South Korea: Hyundai To Start Operations at Plant in Vietnam
  • SE Asia: Kubota Seeks Manpower
  • India: Budget Focuses on Capex

Alternative Power Report, February 2023

Read about the 240 ton electric mining truck that can charge in 30 minutes in the February 2023 issue of Alternative Power Report produced by PSR’s Guy Youngs. The same issue contains articles about Volvo’s electric concrete mixer truck and its wheel loader. Europe’s charging corridor will make driving easier for MHVs. PSR

WEG Building Plant for EV Batteries in Brazil

Brazilian WEG has announced plans for a new 6,000 m2 plant in Jaraguá do Sul, Santa Catarina, Brazil, to produce battery packs for EVs. With the investment, the annual capacity will be 1 GWh in battery packs. WEG plans a highly automated plant, with 140 direct employees; WEG’s timeline calls for completion of the plant in 1H 2024.

Source: Automotive Business    Read The Article

PSR Analysis: WEG aims to supply EV production for OEMs located in Brazil. With strong background in drives and industrial electrical components, WEG could be a natural selection for many OEMs in Brazil.    PSR

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