Search Results for: russia-kamaz-expects-keep-production-last-years-level-coming-months

2023-06-19

XCMG To Produce EV Trucks in Brazil in Two years

Fabio Ferraresi
Fabio Ferraresi

XCMG announced plans to produce battery electric trucks in Brazil at Pouso Alegre (MG) plant in two years. Until then, the company expects to build a local network of suppliers and wait for new industrial policies that are expected for the electric vehicle segment.

The current plan consists of starting with the assembly of chassis and cabins at the Minas Gerais plant with components produced by local suppliers. Batteries and other components of the electric powertrain will be imported from China.

This first stage fits the company’s electric trucks within the scope of Finame, the BNDES credit line that finances the acquisition of machinery and equipment. To access this line, the product to be financed must have a certain percentage of parts and components produced in the country.

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2021-08-22

KAMAZ Has Started Making Parts for Aurus Cars

KAMAZ will become a supplier of key parts for luxury Aurus cars. According to the OEM’s press-service, the company has started production of cylinder blocks, block heads and base plates of NAMI-4123 engines used in Aurus models.

At the moment, however, we are talking about the development of technological processes, so the parts are produced using experimental methods. Serial Aurus cars now uses imported blocks and heads. As soon as KAMAZ ensures high quality of parts, they will be substituted for imported parts.

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2020-12-21

KAMAZ Launches First Dump Truck Sharing Service

The KAMAZ truck sharing service works on the classic vehicle sharing model. The company provides a ready-to-use vehicle; the client just needs to fuel it. Optionally, the client can rent the truck with the driver.

It’s possible to take a truck for a period of one day up to one year. The fleet available for rent includes modern dump trucks KAMAZ-65801 up to 32 ton capacity, which is one of most popular models on the market.

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2021-12-19

VWCO To Invest US$ 400 million in Four Years in Brazil

The amount is expected to be directed mainly to new technologies, such as for the Proconve P8 introduction in 2023, new technologies for Connectivity and development of sales and aftersales areas.

Source: O Estado de São Paulo     Read The Article

PSR Analysis: The investment is higher than the former investments cycles but keeps the same line and makes the company one of the most important players in the Truck and Bus industry in South America. With this announcement, VWCO confirms its belief in the Brazilian Market and indicates its willingness to keep its market share lead. PSR

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

2023-07-26

Hyundai China Sales Drop 77% in Six Years

FAR EAST: SOUTH KOREA REPORT

South Korea’s Hyundai Motor has announced that it will sell two plants in China. Beijing Hyundai, a joint venture with China’s state-owned auto giant Beijing Automotive Group, will reduce the number of plants in operation to two. Sluggish sales in the Chinese market have prompted the company to make structural reforms.

Hyundai Motor’s sales in China were 260,000 units in 2022; in 2016 it sold 1.13 million units, a 77% decline in six years.

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2020-02-25

KAMAZ Patents Electric Truck Without Cab

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

This truck has a very unusual design. The database of Rospatent has shown drawings of a cabless truck with an electric motor. The patent owner is KAMAZ. The truck has a very unusual appearance because it doesn’t have a cabin – it’s a box on wheels with low clearance, and it features round head and rear lights, and a vent grid. No details are available about the motor, except that it’s electric.

Maxim Sakov
Maxim Sakov

The truck looks somewhat like the Volvo Vera truck.

Last year, KAMAZ started testing a driverless truck developed for coal transportation in one of Kuzbass mines. It is equipped with cruise-control and a system for bypassing obstacles and making lane changes.    

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PSR Analysis: The future is next door. Of course, it’s a long way from the patent to the working vehicle, but the trend is clear. KAMAZ has concentrated technologies for creation of a driverless electric truck and has patented them. PSR

2022-03-20

Caterpillar Plans To Stop Production in Russia

RUSSIA REPORT

March 10, 2022—The American company Caterpillar, specializing in construction and mining machines, has suspended work at its plants in Russia because of the situation in Ukraine. Caterpillar said it is donating more than US$ 1 million to the victims of the crisis.

“We are deeply saddened by the tragic events continuing to occur in Ukraine and hope for a peaceful resolution to the crisis. Through the Caterpillar Foundation, we are donating more than $1 million to support both urgent and long-term needs of the Ukraine humanitarian crisis. We are complying with all applicable laws and evolving sanctions, while remaining focused on our employees, dealers and customers. Operations in Russia have become increasingly challenging, including supply chain disruptions and sanctions, and we are suspending operations in our Russian manufacturing facilities” – said in the company statement.

According to the company website, it has a production plant in Tosno (Leningrad region) and a distribution center in Moscow region.

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PSR Analysis: Evidently, Cat business in Russia continues, however in reduced size. It’s not possible to maintain production operation with absence of parts. Same reasons were stated in press-release of Hitachi, which has also suspended production in Russia with Cat and Komatsu.   PSR

Maxim Sakov is Market Consultant – Russia Operations, for Power Systems Research

2022-09-28

South Korea Sees First Trade Deficit with China in 28 Years

FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro
Akihiro Komuro

The economic relationship between China and the ROK has reached a turning point. According to statistics from the ROK, for the first time in 28 years, the ROK has a trade deficit with China. China has been the best customer of the export driven ROK economy, and this is causing concern in the ROK. At the same time, Chinese companies are intensifying their takeover of Korean companies, and in response to the escalation of the U.S.-China conflict, they have begun to pursue a strategy of using Korea as a foothold to capture the U.S. market.

A management official at South Korea’s Hyundai Motor’s joint venture plant in Chongqing, China, said that the passenger car assembly plant is idle and that negotiations are underway to sell it to a Chinese company. Hyundai Motor started operations in Chongqing in 2017, including an assembly plant with an annual production capacity of 300,000 units, but sales slumped due to the rise of Chinese automakers. At one point, the company occupied second place with a market share of nearly 10%, but recently it has fallen below 2% and slumped to 10th place.

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2021-04-25

KAMAZ Net Profit Exceeds US$ 20 Million

KAMAZ has reported a net profit of (more than US$ 20 million (1545 million Rubles) for 2020. KAMAZ reported revenue for 2020 of US$ 2.47 billion (185.8 billion Rubles), an increase of more than 16% over 2019. This growth is based on domestic truck sales, the introduction of the K5 range, and an increase in bus and electric bus sales.

Despite the COVID pandemic, in 2020 KAMAZ secured positions in the market and has claimed the status of leading Russian heavy vehicles supplier. The company claims a leader position in the 14+ ton truck market in Russia with a share of 47.5%, up 3.3% over 2019.

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PSR Analysis: Of course, State support measures are a big part of this success. Still, domestic truck and bus production has demonstrated good survival potential even in a major pandemic. PSR

Maxim Sakov is Market Consultant – Russia Operations, for Power Systems Research

2022-01-22

KAMAZ Launches 720 hp Engine

RUSSIA REPORT

PowerTALK, January 2022

Maxim Sakov
Maxim Sakov

KAMAZ said it is installing new 6-cylinder engines working on methane gas and having 720 HP on its trucks. Switching to NG fuel is one of the main trends of the Russian automotive giant. It builds Inline 6 and V8 engines

Inline 6 cylinders engine will be made in several versions but the 720 hp will be available in the top model only. For the economy segment, the OEM will offer a 450 hp engine;  the price of this model will be significantly cheaper.     Read The Article

PSR Analysis: A few years ago, KAMAZ started developing new 6-cylinder inline engines in co-operation with Liebherr. The R&D now is program successfully expanding into a new stage, developing a new range of HHP NG-powered engines.    PSR

Maxim Sakov is Market Consultant – Russia Operations, for Power Systems Research