Q2 2018 Shows Further Evidence of Paradigm Shifts Following 2017 Hurricanes

SUMMARY: Gen-set sales climbed 5% over Q1 2018 levels in anticipation of the camping season and end of fiscal year for many government and industrial consumers. While fewer dealers commented on specific-storm related residential demand this quarter, the 5% growth this quarter does seem to indicate that last year’s hurricanes may have raised the gen-set market up to a new normal, especially when compared to the 1.8% growth reported in Q2 of 2017.

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Japanese Auto OEMs Seek Battery Production in NA

FAR EAST: JAPAN REPORT
Akihiro Komuro
Akihiro Komuro

Major automobile manufacturers are actively investing in automotive lithium-ion batteries. Nissan is leading among the Japanese automakers, followed by Honda and Toyota. Along with the motor and inverter, the vehicle-mounted lithium-ion battery is considered one of the “Three Sacred Treasures” of EVs.

In particular, the on-board battery is the most important as it is the source of power. In many cases, EV production will not be possible without securing a large supply of batteries through partnerships with major battery manufacturers. However, the number of battery makers with which the major automotive companies have partnered is limited: CATL ranked first in the global automotive battery market in 2021, with 39% of the market. It was followed by LG Energy Solutions (18%) and Panasonic Holdings (12%), with the top three companies accounting for 70% of the market.

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Q3 2017 Power Systems Research Truck Production Index (PSR-TPI) drops 9.5%

St. Paul, MN (October 12, 2017)— The Power Systems Research global Truck Production Index (PSR-TPI) deceased from 116 to 105, or -9.5%, for the three-month period ended September 30, 2017, from Q2 2017. However, the year-over-year (Q3 2016 to Q3 2017) gain for the PSR-TPI was 101 to 105, or 3.9%.

Overall, the global commercial truck industry is stronger than it has been in a number of years and is expected to continue to be strong moving into 2018.  While there are still concerns about regional economies such as South America and Greater China, the global economies continue to improve.

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2032 Marine Inboard Market Forecast: $4.45B

GLOBAL REPORT
Michael Aistrup
Michael Aistrup

The global marine inboard engines market is expected to grow from $2.75 billion in 2022 to $4.45 billion by 2032 at a CAGR of 5.1%, according to forecasts by Power Systems Research.

A marine inboard engine is a reciprocating engine mounted within a boat’s hull.  It is a four-stroke engine that has been modified for maritime usage. The engine spins a drive shaft that passes through the hull and is connected to a propeller. While outboard engines must be periodically serviced to ensure they remain watertight, inboard engines typically do not require much maintenance. Additionally, inboard engines tend to be more fuel-efficient than outboards.

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Market Intelligence: A Review of E-Motorcycle OEMs

NORTH AMERICAN REPORT
Michael Aistrup
Michael Aistrup

The global e-motorcycle market is changing almost daily as market share leaders develop new products and new companies continue to enter the market with competitive products. Here’s an update on several leading e-motorcycle OEMs.

Tork Motors has launched the Kratos electric motorcycle in the Indian market. The new Tork Kratos will be sold in two variants – Standard and R and will be available across India in a phased manner. In the first phase, this e-motorcycle will be available in Pune, Hyderabad, Bangalore, Chennai, Ahmedabad, and Delhi. The electric motor on the base model makes a peak power output of 7.5kW or 10.05bhp and a maximum torque of 28Nm. Tork has a manufacturing capacity to make about 500 units a month at its pilot plant and about 4,000 units a month at its new plant at Chakan near Pune.

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Car OEMs Announce US$ 14.3 Billion Investment in Brazil

BRAZIL/SOUTH AMERICA REPORT 
Fabio Ferraresi
Fabio Ferraresi

In the past three months, the aggregate investments announced by automotive manufacturers in Brazil have reached a total of US$ 14.3 billion. The largest individual investment came from Stellantis, committing US$ 6 billion to the country between 2025 and 2030, marking a record sum among major vehicle manufacturers operating within the nation. A significant portion of this investment will be directed towards the development of flex-hybrid models.

This investment influx began in December, with Renault earmarking US$ 500 million for the production of a new SUV in Paraná, featuring engine variants that blend ethanol, gasoline, and electricity. In January this year, General Motors (GM) unveiled investments totaling US$ 1.4 billion aimed at product rejuvenation.

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Product Definitions Guide

Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag

Western Auto OEMs Seek Privileges for LNG Trucks

Move is opposed by Russian KAMAZ which plans to make similar machines.

Maxim Sakov
Maxim Sakov

Market players have proposed canceling import taxes and utilization fees for commercial vehicles fueled by LNG until 2025. The target of the measure is the development of LNG-transport until the appearance of domestic analogs of such machinery.

The suggestion comes from foreign makers of LNG on-highway tractors and supported by Gazprom. Now, no imported vehicles are exempted from these taxes.

The import tax for on-highway tractors is 5% of their cost, and the utilization fee is 10 to 12K Euro. LNG tractor is more expensive than its diesel analog by about 35K Euro.

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