Search Results for: epa-re-evaluate-truck-and-trailer-emissions-standards-enacted-obama-administration

2021-10-23

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.

Read The Report

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

2021-12-19

JCB To Expand Production Capacity in Brazil

JCB plans to invest R$ 120 million (US$ 20 million) in its factory located in Sorocaba, State of São Paulo, with the objective of increasing annual production capacity from 4,000 to 10,000 units by 2026. JCB expects to grow 50% in sales volume this year, compared to last year’s results, and more than double the sales.

Source: Valor Economico      Read The Article

PSR Analysis: With the increased production volume from new products made in Brazil, such as Wheel Loaders, JCB should be above 80% capacity. With the market growth forecast for Brazil, it will be necessary for JCB to increase production capacity. The scenario is slightly different for other players who have higher capacity in their plants in Brazil. PSR

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

2022-03-20

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™, May 2022

PSR-PowerTALK_May_2022Download

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

2022-12-05

FENATRAN 2022

The 23rd edition of FENATRAN, the International Road Cargo Transport Trade Show, brought together more than 500 brands in the exhibition pavilion of São Paulo Expo, Nov. 7-11, and generated total revenue of about USD 2 billion, more than USD 200 million than the last edition of FENATRAN, held in 2019. Power Systems Research representatives were at the show. Read there reports. PSR

2023-03-26

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

2023-04-16

20-Year Changes in Top Construction OEM Hierarchy

A new animated chart shows the dramatic changes in the evolving hierarchy of the biggest construction equipment manufacturers over 20 years. The chart draws on data from International Construction’s Yellow Table, which tracks the top 50 construction OEMs across the world. The data stretches back to 2003, and up until the latest version in 2022.

Source: International Construction: Read The Article

PSR Analysis: This animated chart is especially interesting in that it allows you to track the growth of up to half a dozen big Chinese OEMs who have grown among the top companies.    PSR

Guy Youngs is Forecast & Adoption Lead at Power Systems Research