Search Results for: volvo-details-2016-fuel-economy-gains-supertruck-development

2021-09-26

India EV Segment Gains Traction

Aditya Kondejkar

The EV segment in India is continuing to grow with additional government support. In July of this year, the government partially modified the Faster Adoption and Manufacturing of Electric Vehicles (FAME) in India Phase II. It has included an additional demand incentive for electric two-wheelers to ₹15,000 per KWh from an earlier uniform subsidy of ₹10,000 per KWh for all EVs, including plug-in hybrids and strong hybrids except buses.  

This decision will increase the subsidy for such vehicles by 50% under the FAME II scheme and be a game-changer in adopting EVs.

Such moves from the government will boost faster adoption of EVs. Furthermore, with this kind of solid support, OEMs will also take a step forward to accelerate the mass adoption of EV.

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Q4 2022 Power Systems Research Truck Production Index (PSR-TPI) gains 3.7%

PSR-TPI-Q4-2022Download

St. Paul, MN (Janaury 23, 2023)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 101 to 105, or 3.7%, for the three-month period ended Dec. 31, 2022, from Q3 2022. The year-over-year (Q4 2021 through Q4 2022) loss for the PSR-TPI was, 122 to 105, or -13.2%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

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2021-06-27

Taiwan Pushing into Next-Generation EV Battery Development

Erik Martin
Erik Martin

TAIPEI. As electric vehicle (EV) development becomes a global effort, batteries that play a vital role to EVs’ cost-performance ratios are a focus to manufacturers with ambitions to expand in the EV market…

Taiwan’s battery industry may not be backed by well-known brands and abundant natural resources. Nevertheless, a large part of Taiwan-based battery suppliers have been assembling battery modules for Taiwan’s ICT industry. For example, Simplo, Dynapack and Celxpert with a long-term focus on manufacturing battery modules for consumer electronics such as notebook only started to set foot in EV battery solutions in recent years…

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2022-04-22

Five Year Plan Encourages Development of LNG Trucks and Ships

CHINA REPORT

Jack Hao
Jack Hao

“By 2025, the national gas storage capacity of intensive layout will reach 55 billion ~ 60 billion cubic meters, accounting for about 13% of natural gas consumption. Build a green and low-carbon transportation system, optimize and adjust the transportation structure, vigorously develop multi-modal transport, promote the medium and long-distance transportation of bulk goods “from rail to water”, encourage the use of clean fuels such as LNG in the field of heavy-duty trucks and ships, and strengthen the guarantee of clean energy supply in the transportation industry. It is emphasized that the LNG storage and transportation system in Bohai Rim region, Yangtze River Delta region and Guangdong Hong Kong Macao Bay area should be continuously improved, and the core is the construction of LNG terminal.”

Source:  NDRC       Read The Article

PSR Analysis. China’s LNG import volume in 2022 is expected to surpass Japan and become the world’s largest LNG importer. At the same time, China has built 22 LNG terminals. There are more than 200 LNG manufacturers in China, with an annual capacity of about 30 million tons.

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2023-01-20

Hyundai Plans $14.7 Billion for Software Development

FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro
Akihiro Komuro

Hyundai Motor Company is getting serious about developing the software needed for automated driving, etc. It has decided to invest $14.7 billion by 2030 and has begun building a development structure and embarking on M&A.

Hyundai Motor Company has achieved record profits through a shift in strategy in conjunction with a generational change. The company plans to further improve profitability in the software field, where customers can add functions to their cars after purchase. But acquiring human resources will be an immediate challenge for Hyundai.

The “Over the Air (OTA)” function, which updates the latest software via the Internet, will be standard on all new models released in 2023 and after. The plan is to establish a system that allows users to be charged according to function updates. The company will first introduce content such as car navigation systems, audio, lighting, and remote-control functions, and then expand into peripheral areas such as auto insurance policies, to diversify and upgrade services in response to customer needs.

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2022-07-20

North America Economy Faces Multiple Problems

Jim Downey
Jim Downey

SUMMARY. The United States economy is facing several serious problems that don’t have simple solutions and are not likely to be solved for several years, reaching out to the presidential elections in 2024.

Take your pick of problems: Inflation. Stock Market. Climate Changes. Interest Rates. Housing Prices. Gasoline Prices. Food Prices. Social Unrest. Political Conflicts. Worker shortages. Supply Chain Shortages. Russia-Ukraine Conflict.

The bottom line here is that consumers, investors, businesses, and governments are uncertain about what the future holds for the next several years, and this uncertainty makes it difficult to build multiple-year action plans, whether it’s for purchases, manufacturing, marketing, or investing.

Uncertainty makes people nervous, and Uncertainty is the name of the game in the U.S. for the foreseeable future.

However, we’re still optimistic about the U.S. economy and we see 2022 production growing by 11.6% but that activity is likely to fall to 2.7% next year and drop again to 1.5% in 2024.

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2020-11-24

KAMAZ Starts Development of Euro-6 Engine

Project “Tibet” is going on in R&D center of KAMAZ. Within this project, OEM is performing work on creation of an inline 6 cylinder engine, the KAMAZ-910.40 that meets the Euro-6 Emission standard. The initial prototype of the engine has been assembled.

New engine should have NOX reduced in 5 times, particles – in 2,5 times, ammonia – in 2,5 times, comparing to its predecessor. There are also stricter requirements to engine diagnostics.

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2022 Truck Production Index (PSR-TPI) gains 2.9%

St. Paul, MN (April 8, 2023)— The Power Systems Research Truck Production Index (PSR-TPI) decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022. The year-over-year (Q1 2022 to  Q1 2023) gain for the PSR-TPI was, 103 to 106, or 2.9%.

The PSR-TPI is a quarterly truck production report that measures global truck production in six regions:  North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research. The next update of the Power Systems Research TPI will be in July 2023 and will reflect changes in the TPI during Q2 2023.  PSR

Jim Downey is vice president – global data products at Power Systems Research
Chris Fisher is the senior commercial vehicle analyst at Power Systems Research

PSR-TPI-Q1-2023.F-1Download

Q2 2023 Truck Production Index (PSR-TPI) gains 9.4%

St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 106 to 116, or 9.4%, for the three-month period ending June 30, 2023, from Q1 2023. The year-over-year (Q2 2022 to Q2 2023) gain for the PSR-TPI was, 112 to 116, or 3.6%.

The PSR-TPI is a quarterly truck production report that measures global truck production in six regions: North America, China, Europe, South America, Japan and Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research. The next update of the Power Systems Research TPI will be in October 2023 and will reflect changes in the TPI during Q3 2023. PSR

Jim Downey is vice president – global data products at Power Systems Research and Chris Fisher is the senior commercial vehicle analyst at Power Systems Research            

PSR-TPI-Q2-2023.FDownload