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2023-06-19

Brazil Announces Incentives for MHV and LV

BRAZIL/SOUTH AMERICA REPORT  

The Brazilian Federal Government this month has announced a package of incentives for the automotive sector during a press conference held in Brasilia (DF). The program intends to bail out the country’s automakers at a time of weak demand for new vehicles.

The final text includes passenger cars, Minivans and SUVs, Trucks and Buses through discounts granted to the consumer, and not by tax reduction to automakers, as was expected.

Total spending of Federal Government is US$ 300 Million (R$ 1.5 Billion). Funds are expected to come from the return of taxes on diesel sales, which was planned to happen in January 2024, but it is anticipated to meet the program of the automotive sector.

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Hino Motors and Mitsubishi Fuso To Merge

FAR EAST: JAPAN REPORT

The announced reorganization of several commercial vehicles companies came suddenly and was one that few in the industry expected.

On May 30, Toyota Motor Corporation and Daimler Trucks of Germany announced a business merger between Toyota-owned Hino Motors and Daimler-owned Mitsubishi Fuso Truck and Bus Corporation. The merger is expected to be completed by the end of 2024.

The four companies have reached a basic agreement that calls for Toyota and Daimler to establish a holding company by the end of 2024 with the aim of going public. Hino Motors and Mitsubishi Fuso will become part of the holding company. Toyota and Daimler will hold the same percentage of shares in the holding company, and Hino Motors will cease to be a consolidated subsidiary of Toyota after the merger.

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2023-07-27

First VW Truck Produced in Argentina

The first Volkswagen truck has just left the new exclusive area for the assembly of commercial vehicles of the Industrial Center of Córdoba, Argentina. The vehicle, a VW Delivery 11,180, will be used in the validation of the manufacturing process and for the training of employees. Then it will be part of the fleet that will run tests around the country. The agreement announced by Volkswagen Caminhões e Ônibus and Volkswagen Argentina in December 2022 provides for the manufacture of five models of the brand in that country from 2024.

The new assembly line in Córdoba occupies an area of 15,000 square meters to produce the VW Delivery 9,170 and 11,180 trucks, the VW Constellation 17,280 in chassis-cab and horsepower versions, as well as the Volksbus 15.190 OD bus chassis.

Source: Press Release   Read The Article

PSR Analysis. This production is an important milestone for VW’s plan to produce in scale in 2024 and forward. Forecasts of introduction and production/sales ramp ups are available in PSR’s OE Link/OE Link Sales databases. PSR

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

BYD Expands Production in Brazil

BRAZIL/SOUTH AMERICA REPORT 
Fabio Ferraresi
Fabio Ferraresi

BYD announced the installation of an industrial complex in Camaçari, Bahia. The largest manufacturer of electric vehicles in the world, the Asian giant will invest, in five years, about US$ 600 Million (R $ 3 Billion) in the installation of three factories at the Bahia complex, generating about 5,000 direct and indirect jobs. In addition to passenger vehicles, electric bus and truck chassis will be made on site, as well as a battery split.

The company will take over Ford’s facilities. The deal, however, has not yet been officially announced. The Camaçari pole is the last factory that still belonged to the North American brand in Brazil. The automaker, which announced the end of its local production in 2021, has already sold its facilities in Taubaté (SP) and São Bernardo do Campo (SP).

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PowerTALK™, September 2023

PSR-PowerTALK_Sept2023.FDownload

Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles.

IN THIS ISSUE
  • ALTERNATIVE POWER REPORT
    • California Building Hydrogen Refueling Network for Cars
    • New Zinc-Air Batteries Challenge Lithium Batteries
    • The Truth About EV Battery Recycling
    • Australian Mining — Can It Power All The New EVs?
  • GLOBAL:
    • Hydrogen Fuel Cell Commercial Vehicle Update
    • E-Bike Market Analysis
  • DATAPOINT: NA Tractor/Loader/Backhoes (TLBs)   
  • BRAZIL/SOUTH AMERICA: 
    • Companies Support Fleet Renewal Program
    • Motorcycle Production To Reach 1.5 Million in 2023
    • BEV Demand Boosts Brazil Mining Investment
  • JAPAN: Target of 300,000 EV Chargers by 2030 Planned
  • SOUTH KOREA:  Battery Companies Increase Sales
  • VIETNAM: Ridesharing Giant Gojek Converts To EVs
  • CHINA: Sany MOTA Launches Battery Rental Business
  • INDIA: Bus Sector Bounces Back; EVs Fuel Post-Covid Growth

2023-11-16

Weichai-BYD JV Begins Production of Battery Plant

CHINA REPORT

Jack Hao
Jack Hao

The joint venture between Weichai Power and BYD has started construction on its factory, which has attracted widespread attention and has quickly become a hot topic in the industry. On Nov. 3, 2023, in Shandong Province, the Weichai (Yantai) New Energy Power Industrial Park project, a joint venture between Weichai Power and BYD, officially began construction.

Project plans call for the creation of a research and development and manufacturing base for batteries, motors, electronic controls, and electric drive assemblies that run through new energy commercial vehicles.

After the project is put into operation, the direct beneficiaries will include Weichai New Energy Commercial Vehicles under the Weichai Group and located in Yantai.

May 12, 2023, Weichai Power and BYD signed a strategic cooperation agreement in Shenzhen to jointly produce power batteries in Shandong.

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Vehicle Production in Brazil Stagnates

During the first 10 months of 2023, Brazilian On Highway Vehicle production faced challenges, with an increase in imports of approximately 58,000 units from January to October and a simultaneous drop in exports by more than 52,000 vehicles. The outcome was a stagnation in production, as only 1,950,000 passenger cars, Minivans and SUVs, light commercial vehicles, trucks, and bus chassis were produced. This marked a decrease of 0.6%, equivalent to almost 12,000 vehicles, compared to the same period in 2022, as reported by Anfavea on Nov. 8, 2023.

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PowerTALK™, November 2023

EV activity continues to increase across the globe as reported in the November issue of PowerTALK News. This issue features EV reports from China, Japan, North America, Brazil, South Korea and Thailand.

PowerTALK Nov 2023Download
IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • China Discovers Unique Battery Material
  • Toyota Joins Race To Mass Produce Solid-State Batteries
  • Could Toyota’s Ammonia Engine Bring the End of EVs?
  • White Hydrogen Could Reduce Decarbonization

GLOBAL: Outboard Marine Engine Market Hits $5.5 Billion
NORTH AMERICA: Transitioning from ICE Buses to Zero-Emission Engines
DATAPOINT: NA Graders      
BRAZIL/SOUTH AMERICA:

  • XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant
  • Vehicle Production in Brazil Stagnates
  • Brazilian Marcopolo Approves its Fuel Cell Bus in Europe
  • VW Announces Pickup Truck To Fight with Fiat Toro

JAPAN: Kubota and Sumitomo Plan Mutual Supply of Equipment
SOUTH KOREA: Hyundai Sells EVs To Oil-Producing Countries
THAILAND:  China Auto Manufacturer To Invest in Thai EV Motorbike Plant
CHINA: Weichai-BYD JV Begins 56 Billion Yuan, 50GWh Battery Project
INDIA: Construction Equipment Sector Poised for Substantial Growth

PowerTALK™, December 2023

Worldwide EV battery development continues at a fast pace, US outdoor recreation industry hits $1 trillion, and Honda plans to drop mass production of its Honda “e” . Read about these items and more in the December PowerTALK News from Power Systems Research.

PowerTALK Dec 2023Download
IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • High Energy, Cobalt-Free Lithium Ion Battery Developed
  • CATL Creates Fast Charging Skateboard
  • Record Low EV Battery Prices Reported in 2023
  • US Discovers Lithium Bonanza for EV Batteries

NORTH AMERICA: 

  • Electrify Where It Makes Sense
  • Outdoor Recreation Adds $1.5 Trillion to US Economy in 2022

DATAPOINT: NA Combines
EUROPE: Kobelco Expands European Headquarters
BRAZIL/SOUTH AMERICA:

  • Argentina Vehicle Production Grows in November
  • Brazil Off-Highway Machine Sales Continue To Decline
  • VW Trucks and Bus To Restart Two Shifts in January

JAPAN: Honda To Drop Mass-Produced EV “Honda e”
SOUTH KOREA: Hyundai Motor and Apple May Partner
INDIA: Mahindra Plans To Double Tractor Exports