Search Results for: germany-vw-weighs-asset-sales-including-manscania-and-end-empire-building
Chile Bets on Hydrogen
Chile has announced plans to produce US$ 30 billion in green Hydrogen for export by 2050. This involves using the mining industry equipment traditionally powered by diesel in fuel cell powered equipment to make the bridge for current state to future state.
Source: Financial Times Read The Article
PSR Analysis: There are several roadblocks as technology improvement needs, energy cost and investment source for the initiative. So far it sounds like a campaign promise rather than a robust initiative. However, the technology use is progressively closer to reality. PSR
Fabio Ferraresi is Director- Business Development South America, for Power Systems Research
Production of First Russian EV Passenger Car Postponed
Zetta company has had to shift mass production of its Russian car “City Modul 1” until after 2020 because the Fund of Industry Development refused to provide credit of 99.9 million Rubles (about € 1.1 million).
According to the Fund opinion, the company has insufficient budget to start the production, even with the requested credit. “The company needs an investor, who will believe in market potential of the product, and will co-finance the project together with the fund. The fund is ready to consider application one more time as soon as such investor will be found,” the Fund said
“City Modul 1” would become first serial Russian electric car. Zetta plans to make the car on its own production site in Tolyatti; production capacity is 15,000 units per year.
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OEM Off-Highway Magazine: Heavy Equipment Markets See Improvement in 2021
Off-road equipment markets are expected to see a slight recovery from the devastating effects of COVID-19 in 2021, according to a report prepared by Power Systems Research that appeared in the October 2020 issue of OEM Off-Highway magazine.
One segment, the construction equipment market in North America has been riding a strong economy over the past few years. The segment was due for a slowdown; however, current worldwide economic conditions have caused a rapid cycle to reset in the construction industry. Government is committed to support the demand in the sector by investing heavily into infrastructure. We have yet to see any new level of demand, but we expect to see signs of the new normal in H2 2020 and early 2021. PSR
PowerTALK™ News, January 2021
The economic outlook for North America is looking soft in H1 2021, but it is expected to be much stronger in H2 2021, according to the forecast by Power Systems Research in the January 2021 issue of PowerTALK News. The same issue contains a report on global truck production, which shows a jump of 35% in Q42020. Here are other stories in the January issue:
- Join Power Systems Research Webinar Series
- Truck Production Report
- North America:
- NA Economic Outlook
- Trucking News: Ask The Expert
- DataPoint
- NA Dumpers/Tenders
- South America
- Ford Shuts Down Brazil Auto Plants
- E-Trucks Tested in Brazil
- GM Resumes Brazil Investment Program
- China
- VW To Build $3 Billion EV Plant
- Weichai Acquires Stake in Ag Maker
- CNH and FAW Continue Talks
- Japan
- Komatsu To Sell in Europe
- Korea
- Hyundai, Apple Eye EV Projects
- India
- Auto OEMs Face Semiconductor Shortages
- Russia
- Auto Production Increases
- Hyundai Purchases GM Plant
- UAZ To Sell in US
Weichai Takes 60% Stake in Agricultural Equipment Maker
Weichai Holding Group Co., Ltd., a leading Chinese powertrain manufacturer, has acquired a controlling stake in Lovol, one of the country’s major agricultural equipment makers.
Source: Xinhua News Agency Read The Article
PSR Analysis: People look up to leading companies in industry because often times they are not just leading the trend, they are also setting an example of weathering the storm during crisis.
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KAMAZ Increases Nine-Month Production 21%
KAMAZ has significantly increased production for the first nine months of 2021 versus the same period last year. Through September, the OEM produced 30,979 vehicles, up 21% from the same period in 2020, reports the company.
In September, KAMAZ made 4,067 vehicles (versus 3,676 vehicles in September 2020.
PSR Analysis: KAMAZ has found ways to resolve the problem with components (mostly by offering simpler models), working with pent-up demand and increasing its market share.
Maxim Sakov is Market Consultant – Russia Operations, 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
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.
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Alternative Power Report, November 2022
Read news and analysis from PSR’s Guy Youngs about hydrogen power applications in the November issue of the Alternative Power report by Power Systems Research.
