Search Results for: leapfrog-bs-vi-opportunities-and-challenges-indian-2-wheel-industry

2020-02-25

New India Budget Disappoints Auto Industry

This article initially appeared in the February 2020 issue of PowerTALK News.

Source: Business Today   Read The Article

Ritvik Kulkarni
Ritvik Kulkarni

PSR Analysis: The Indian Automotive Industry was largely left disappointed with the budget after no direct steps were taken to arrest the decline in automotive sales. Although keeping long term benefits in mind, the budget did introduce measures to boost the rural economy, which in turn will directly benefit the commercial vehicle industry which is an important driver for the economy.

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2022-09-28

Festive Demand Expected To Boost Auto Industry

INDIA REPORT 
Aditya Kondejkar

Adequate rainfall across the country along with the start of the long festive season will keep the demand for automobiles positive and help keep the momentum going in this segment. Additionally, normal monsoons in most parts of the country resulting in a decent agricultural harvest kept demand positive. So, automakers are focusing on building up inventory in anticipation of higher demand

The Indian economy is poised to shrug off the modest tapering of growth in Q1 2022, and aggregate demand is firm and set to expand as the festival season sets in. Hatchback cars and affordable, non-electric motorcycles and scooters are set to register bumper sales in the coming months as India gets ready to celebrate its first ‘normal’ festive season after a gap of two years. Above-normal rains, positive consumer sentiment and a generally optimistic mood are also expected to boost sales of these entry-level vehicles.

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2021-02-23

Tesla Proposes Investment in Indonesia to Promote EV Industry

Akihiro Komuro
Akihiro Komuro

The Indonesian government announced on Feb. 5 that it had received an investment proposal from Tesla. The country is the world’s largest producer of nickel, which is essential for the production of batteries for EVs. In order to promote the EV and battery related industries, Indonesia had invited Tesla to invest in the country.

Details of the talks between Indonesia and Tesla cannot be disclosed due to confidentiality agreements, but it is said that they have mainly discussed battery and energy storage solutions. The Indonesian vice-minister said, “If Tesla only wants to buy raw materials, we are not interested. The proposal is more than the procurement of raw materials and extends to energy storage systems such as MegaPack, PowerPack and Powerwall,” he said.

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2021-09-26

Hyundai Motor To Convert Heavy-Duty Trucks and Buses To Hydrogen and Electric Vehicles

FAR EAST: SOUTH KOREA REPORT

The Hyundai Motor Group has announced its “Hydrogen Vision 2040,” which states that 2040 will be the first year of the popularization of hydrogen energy. The company plans to launch new models of all commercial vehicles, including heavy-duty trucks and buses, with hydrogen-electric and electric vehicles. The goal is to reduce the price of hydrogen-electric vehicles to the level of general electric vehicles by 2030 by developing a next-generation hydrogen fuel cell system that is inexpensive and has good performance.

The Hyundai Motor Group will not launch any new commercial vehicles powered by internal combustion engines in the future. It plans to mass-produce hydrogen-electric trucks in the country in the first half of next year and plans to apply hydrogen fuel cells to all of its commercial vehicle lineup by 2028.

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2023-04-16

Global ICE Industry Cliff Is Here

This article includes an important graph showing vehicle production numbers between 2015 and 2026, (projected for 2023–2026) which are based on historic BEV growth data and trends. Hybrids are lumped in with ICE cars and are shown as a preference over full BEVs which is clear in the data.

The chart shows that the overall auto industry has declined from its peak in 2017–due to the pandemic and chip shortage–before it started to recover in 2021. This chart/model is conservative in predicting industry growth at 1.6% y/y going forward and BEV growth at 50% for 2023 (average BEV growth was 57% for the past 7 years)

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2020-10-23

Robotic Lawn Mower Industry Expected To Reach $1.3 Billion in 2020

There’s nothing like the look and smell of freshly cut grass, but for an increasing number, mowing the lawn as become an unpleasant experience and a waste of time. Some home owners spend hours every week doing the work while others are investing in a robot lawn mower to do the work.

A robotic lawn mower is an autonomous robot used to cut lawn grass. A typical robotic lawn mower (in particular earlier generation models) requires the user to set up a border wire around the lawn that defines the area to be mowed. The robot uses this wire to locate the boundary of the area to be trimmed and in some cases to locate a recharging dock. Robotic mowers are capable of maintaining up to 30,000 m2 (320,000 sq ft) of grass.

Think of robot lawn mowers as Roombas, but for lawns.

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2021-10-23

Volkswagen Truck and Bus and CBMM To Develop Niobium Battery for EV

Volkswagen Truck and Bus, part of the Traton Group, and CBMM, a Brazilian giant of niobium mining, announced an agreement to develop batteries with Niobium for Electric Vehicles. It promises to recharge a Truck Battery in less than 10 minutes and provide a traveling higher range. Volkswagen will start tests in 2022 to develop a functional vehicle with Niobium batteries by the end of 2022.

Source: Revista Oeste     Read The Article

PSR Analysis: Primarily used to improve the strength of high grade steels, Niobium is also used for super conductors and has been tested by CBMM and Toshiba in batteries for three years with positive results. The solution applied for MHV may put Brazil in a strong position in MHV EV segment, since 97% of the Niobium reserves in the world are in Brazil.

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

2023-06-19

Indonesia Plans To Become Major Player in Car Industry

SOUTHEAST ASIA: INDONESIA REPORT

Amid the global shift to EVs, Indonesia is vying to become the new leader in this segment.

Indonesia has already surpassed Thailand in passenger car production and has begun full-scale EV production ahead of Thailand. Thailand has begun to defend its position as the auto manufacturing hub of Southeast Asia by offering preferential policies for EVs, including subsidies for both domestic production and sales.

Indonesia’s greatest strength is its abundance of nickel, which is used in car batteries. It is said to have the largest nickel reserves in the world, and investment in this resource is growing rapidly. In April, the Indonesian government announced that it was considering investing in a nickel production venture involving Ford of the United States and that VW of Germany was also considering participation.

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2022-11-16

Hydrogen Truck To Help Decarbonize Mining Industry

A new hydrogen fuel truck is being tested by the mining industry in hopes of helping to decarbonize activities that have been exceptionally challenging to mitigate. The mining industry contributes 7% of the world’s total carbon emissions per year, (according to McKinsey). This represents more than twice the carbon emissions from the global shipping industry, for example.

The hydrogen-powered vehicle is meant to replace typical mining haul vehicles, which pollute heavily.

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