Search Results for: japan-eu-reach-broad-free-trade-deal

2022-01-22

In 2025, China’s Construction Machinery Electric Drive Products May Reach 25%

CHINA REPORT
Jack Hao
Jack Hao

Electrification has become one of the important directions of green development within China’s construction machinery segment. Domestic construction machinery leaders have increased the development of equipment electrification and have launched a variety of electrification products.

Some professional organizations predict that by 2025 the penetration rate of main products may reach 25%. The electrification of construction machinery initially replaces conventional diesel engine drive with electric drive and then the hydraulic device is replaced by an electric device. Concrete mixers, truck cranes, muck trucks, excavators and wheel-loaders are the most easily electrically driven products, especially for small construction machinery.

Source:  CLS     Read The Article

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2023-09-05

Brazil Motorcycle Production To Reach 1.5 Million in 2023

In the first seven months of 2023, manufacturers affiliated with Abraciclo assembled 887,000 motorcycles, up 14.3% over the same period in 2022. Registrations totaled 903,200, up 21.4%, including imports and sales from automakers not yet linked to the association, such as India’s Bajaj and Royal Enfield, which began production in Brazil at the end of last year. The entity’s expectations for 2023 are for expansion of 10.4% (1.56 million units) in production and 10.9% (1.51 million motorcycles) in licensing.

Source: Valor      Read The Article

PSR Analysis: In 2011, Brazil produced 2 million units, its best year in the history of the segment. However, this year was the beginning of consecutive annual declines that reduced production to 890,000 motorcycles in 2016. The start of the rebound in 2018 was interrupted in 2020 by the shutdown of factories brought on by the pandemic. The industry finally looked to the future again in 2023 and expects to reach a volume of 2 million motorcycles within five years.   PSR

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

2020-12-21

Magni, Bobcat Reach New Heights

Emiliano Marzoli
Emiliano Marzoli

Magni TH, an Italian manufacturer of material handling equipment, has signed an agreement with Bobcat to supply a range of rotating telehandlers (RTH) between 18 and 39 meters. 

The new machines will be produced in Italy, by Magni TH, with the Bobcat branding and stage V engines.  In order to achieve demand Magni has already developed a new facility, allowing the company to produce 3500 rotating telehandlers per year, once at full capacity.  This agreement will allow Magni to grow significantly according to their president and founder, Riccardo Magni.

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2022-03-20

Electric VW E-Delivery Has New Chargers and Reach Into Colombia

BRAZIL REPORT
Fabio Ferraresi
Fabio Ferraresi

VWCO will increase the offer of homologated chargers and now it can be charged in more than 10 different wall boxes. In addition to the new chargers, VW is starting the sale effort in Colombia in agreement with Porsche Colombia, with versions of 11 and 14 tons.

Source: Automotive Business    Read The Article

PSR Analysis: Colombia is a market with high acceptance for EV and alternative propulsion and sales of this vehicle should grow fast. Total cost of ownership is still an issue for this product in Brazil, but many companies are investing in these products to associate the green and environmental appeal to its brands.   PSR

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

2020-12-21

Japan Sees Hydrogen as Main Fuel by 2030

Akihiro Komuro
Akihiro Komuro

The government of Japan has set a target of 10 million tons of hydrogen to be used in Japan by 2030, enough to operate more than 30 nuclear power plants. This would be more than 10% of the total electricity capacity in Japan.

It will also hasten the practical application of hydrogen power generation and accelerate the spread of FCVs. The government will provide support through a newly established 2 trillion Yen fund and tax incentives for capital investment.

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2023-05-24

Japan’s Emphasis on Hydrogen Power Is Questionable

Japan continues its efforts to make hydrogen a carrier of energy at all levels of society even though the results are not productive. Japan’s focus on hydrogen for transportation, imported hydrogen and derivatives for electrical generation, and hydrogen for home heating and cooking is proving economically destructive.

Japan, and especially, Toyota, has been pushing hydrogen for years. Toyota began exploring hydrogen for vehicles in 1992, at the same time it was exploring electric vehicles. It delivered the first EV cars in 1993.

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2021-10-24

TSMC Plans Plant in Japan, Operation Set for 2024

FAR EAST: JAPAN REPORT

TSMC, the world’s largest semiconductor foundry, has announced that it will build a new plant in Japan, with plans to begin construction in 2022 and mass production in 2024. The Sony Group and Denso Corporation are expected to participate in the construction of the new plant.

The new plant will produce logic semiconductors with a circuit line width of 22 to 28 nanometers. They are generally used in signal processing that requires large amounts of data, and in high-performance microcomputers used in car control. TSMC envisions the site adjacent to the Sony Group’s image sensor plant in Kumamoto Prefecture as the planned construction site.

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2022-01-22

Japan Could Miss Out on Southeast Asia’s Shift To EVs

INDONESIA AND THAILAND REPORT
Akihiro Komuro
Akihiro Komuro

Competition in the development of EVs is fierce, and the momentum for their introduction is growing in Southeast Asia. While Chinese and Korean manufacturers are aggressively entering the market, Japanese manufacturers, which hold an 80% share of the new car market, have not made any significant moves.

Although the COVID-19 disaster has brought the market to a standstill, Southeast Asia, with a population of 660 million and a rising middle class, will continue to be a promising growth market.

A proactive EV strategy is required to protect the current market dominance. In Indonesia and Thailand, the two largest markets in the region, Japanese cars have a 90% share of the market. However, it is only the Chinese and South Koreans who are providing the buzz about EVs.

In Indonesia, South Korea’s Hyundai Motor Co. will begin producing EVs in March at its completed vehicle plant that recently went into operation. For the time being, it will rely on imports for key components, but it is building a plant for mass production of onboard batteries in collaboration with LG Group, another Korean electronics giant.

In Thailand, China’s SAIC Motor Group and Great Wall Motor have already started selling EVs. The latter plans to start mass production of EVs in 2023 at a plant it acquired from GM in the US. Compared to China and South Korea, which are trying to secure a scale of production with an eye to exports, Japan is generally cautious, with Toyota and Mitsubishi considering local production of EVs in Thailand starting in 2023.

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2020-07-26

Japan: Toyota, Nissan and Honda Research e-Fuel as New Fuel

Toyota, Nissan, and Honda each are preparing for stricter environmental regulations in 2030 by focusing on research and development of e-fuel, a synthetic liquid fuel made from carbon dioxide (CO2) and hydrogen (H2).

Akihiro Komuro
Akihito Komuro

e-Fuel is a liquid hydrocarbon chain fuel made from the catalytic synthesis of H2 and CO2 from the electrolysis of water.

Generated from renewable energy sources, they are “carbon neutral,” which means they emit and absorb the same amount of CO2. The e-fuel can be mixed with gasoline or diesel fuel.

The three Japanese companies each have begun researching efficient synthesis and use methods and business models. The reason for researching e-fuel is that, in addition to complying with regulations, the degree of penetration of e-fuel will have a significant impact on the ratio of EV and HEV sales.

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2019-08-27

FAR EAST: JAPAN REPORT

Mitsubishi Manufactures Wind Turbines

Mitsubishi Heavy Industries has begun manufacturing the basic structure of wind turbines at the Nagasaki Shipyard, where excess capacity exists. This is because MHI’s specialty LNG carriers are monopolized by Korean manufacturers and MHI is not receiving orders. Now, they take on non-shipbuilding jobs and help maintain the employment of the shipyard. Their Nagasaki Shipyard started manufacturing the basic structure that supports large wind turbines. Since the shipyard has a space for handling large parts of the ship, it can also be used to manufacture wind turbines.

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