Search Results for: rev-group-ceo-tim-sullivan-discuss-ma-trends-global-highway-industry-dialogue

2019-08-26

Off-Highway Truck Production

2019 NA Production About The Same as 2018

1400 Units

This information originally appeared in the August 2019 issue of PowerTALK.

Carol Turner is Senior Analyst, Global Operations

DataPoint

Fourteen hundred units is the estimate, by Power Systems Research, of the number of Off-Highway Trucks that will be produced in the United States and Canada during 2019. Estimated 2019 production will be about the same as 2018.

In 2018, production was 1412 units, down 55 units or 4% from 2017.

Read More»

2019-11-05

Global Economic Fundamentals Strong, But Uncertainties Linger

This report is excerpted from the Q3 2019 Update Bulletin prepared for clients of Power Systems Research, Oct. 1, 2019.

SUMMARY. If you were to look at the latest global macro-economic fundamentals, you would see a strong and healthy economy and a rosy picture.  On the other hand, if you follow the latest updates on key industries and their players worldwide, optimism is not that strong. 

Read More»

2020-10-23

Global Recovery: Opportunities and Challenges

SUMMARY. The global economy, especially within the Engine, OEM and Components industries, has felt the immediate impact from COVID: assembly line shutdowns, labor issues, supply chain issues, logistics and transportation to name a few.  The pandemic has exposed many weak links in the global economic chain. However, by end of summer, most of these challenges were either completely resolved or temporary solutions had been put in place. 

Yosyf Sheremeta
Yosyf Sheremeta

Diversification has become the theme during the pandemic recovery, and we expect this trend to continue.  Not only are companies looking for new markets and suppliers to grow top and bottom line revenue as well as to minimize risks, but we see a shift into new industries.  Furthermore, rapid developments of new technologies create massive opportunities for OEMs and suppliers as well as posing real threats to OEMs that solely rely on traditional products that are powered by fossil fuels. 

Read More»

2023-06-23

DATAPOINT: NA Off-Highway Trucks 2023 Production

1,600 units is the estimate by Power Systems Research of the number of Off-Highway Trucks expected to be produced in the United States and Canada in 2023. None of these trucks are electric units.

Unlike On-Road Trucks, Off-Highway Trucks are specifically designed to work in punishing environments and are made to haul material and debris around a work site. These purpose-built vehicles are not constrained by the weight limits of their smaller on-road counterparts.

Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases.  It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper.  PSR

Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

2021-05-24

Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission.

Source: M&T     Read The Article

PSR Analysis: Whether lucky or visionary, Müller is well positioned to produce positive results in coming years. While mining activity in Brazil is growing with record commodities prices and public bids for new exploration areas are expanding, competitors are mostly imported and suffer from exchange rate effects.

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

Müller Launches Rigid Off-Highway Truck MDT430 in Brazil

Fabio Ferraresi
Fabio Ferraresi

The Brazilian group that acquired Randon Veículos, the division of Randon group that produced OH Trucks and Construction Equipment, at the end of 2020 launched the first model under the Müller brand. It has a 350 HP Turbo Intercooler produced by Scania and an Allisson Automatic Transmission.

Source: M&T     Read The Article

PSR Analysis: Whether lucky or visionary, Müller is well positioned to produce positive results in coming years. While mining activity in Brazil is growing with record commodities prices and public bids for new exploration areas are expanding, competitors are mostly imported and suffer from exchange rate effects. PSR

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

2020-11-24

First Electric Highway Buses Start Operation in Southern Brazil

Fabio Ferraresi
Fabio Ferraresi

Intercity transportation of passengers by highway buses started in a new phase with the beginning of the operation of the first full electric plug in bus.   It is  Marcopolo Viaggio 1050 bus, assembled on BYD D9A 20.410 chassis, operated by Turis Silva. This initiative is also supported by EDP Smart, a division of Energy Solutions of EDP, a company of the electrical segment.

Read More»

2022-02-20

Low Interest Funding Set for Low Emission Off-Highway Machines

SOUTH AMERICA REPORT
Fabio Ferraresi
Fabio Ferraresi

The program called Low Carbon FINAME is dedicated to the acquisition of new machines that contribute to carbon emission reduction, with a focus on EV Buses, EV Trucks and Off-Highway Machines electric and Hybrid. OEMs have to register their products before December 2024 to access lower interest rates.

Source: M&T      Read The Article

PSR Analysis: The incentives for funding are an important driver to make an EV competitive when compared to an ICE in Brazil, a country with high interest rates and high cost of capital. Historically, lower interest rates caused high sales and bubbles in key segments as CE and MHV. We are closely monitoring the funding conditions and the impact it will bring to key market segments.  PSR

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

2021-08-21

Understanding the Global Chip Shortage

Erik Martin
Erik Martin

Semiconductors help power everything from your phone to your car. Here’s what to know about the major supply chain problem.

There are chips in nearly everything electric you own, from your phone to your computer to your car. There are even chips in items you wouldn’t expect, such as your washing machine, electric toothbrush, and refrigerator. But these tiny parts that power so much of our lives are now in critically short supply.

“Right now we have a global supply chain in crisis,” says Patrick Penfield, a professor of supply chain practice at Syracuse University. “We’ve just never ever seen anything of this magnitude impact us before.”

Read More»

2020-07-26

On-Highway Batteries Serve as Emergency Backup Power

Audi and the utility EnBW are pioneering an energy storage facility built on retired electric vehicle (EV) batteries. This partnership is being billed as the solution to a major problem in each industry.

Tyler Wiegert
Tyler Wiegert

For automobile manufacturers, the question of how to recycle retired batteries has been pressing for some time. Utilities have been struggling with the perverse problem that excess generation from renewable sources has been slowing adoption, as surges from those sources can disrupt the stability of power grids.

EV batteries have a functional life of 3-10 years after they are retired from vehicle use, making them a ready tool for use by utilities.

Portland General Electric Company (PGE) also is seeking to create a more resilient grid for the utilization of renewable energy sources. They are launching a pilot program to incentivize the installation of home battery systems to act as a virtual power plant.

Read More»