Search Results for: volvo-truck-lay-300-workers-new-river-valley-plant

2020-02-03

Boot 2020 Wraps Up Successful Boat Show

Natasa Mulahalilovic is PSR MarineLink Product Manager

Emiliano Marzoli is Senior Business Development Manager – Europe

Dalibor Sablic is Senior Business Development Manager – Europe

SUMMARY: The general mood at Boot 2020 this year was very positive. Most builders said they had a very successful nautical 2018/2019 year, and most said they are looking forward to a good year in 2020. The show drew 240,000 visitors who had an opportunity to meet 1,900 exhibitors from 71 countries.

The Sailing boats segment is coming back on track, motorboats of all sizes are doing well, the super yachts segment remains strong, and inflatable boats and tenders have gained in popularity.  The optimistic view for 2020 is based on good year-end results, continuous investments in new technologies, materials, equipment, design and exciting new boat concepts.

Natasa Mulahalilovic
Natasa Mulahalilovic

Modern designs, completely new looks, use of light and solid material, work on multi-functionality and openness of the boats is visible everywhere and in all segments.  Boats are open more than ever, providing more space and light, and bringing riders closer to the water.

The environmental awareness is growing, and a new generation of boaters is looking for cleaner solutions, not just comfort. That’s why the sailing segment is gaining ground, electric boats are appealing to the general curiosity, and small and medium motorboats are more attractive than in last 10 years when the trend was towards bigger motor yachts and super yachts.

17 Halls of Boats, Boats and More Boats

Duesseldorf, Germany–The Power Systems Research (PSR) team spent several days exploring the 17 halls at this year’s Boot 2020 Show, reviewing products and talking with pleasure boat builders, traders and other industry professionals about the latest achievements, innovations and trends.

The 51st edition of Boot 2020, Europe’s largest boat show, wrapped up January 26, after drawing attendance of 240,000 for the nine-day event. People came mainly from Europe, but they came from all over the world, as well.  

Read More»

2022-08-20

Volvo EV Bus Planned for Brazil in 2023

Volvo’s EV bus is now in the homologation phase in Brazil. Initially it will be produced in Sweden, with plans to be produced in Brazil for the South America market. The Curitiba plant engineering has participated significantly in the Bus Development.

Source: Automotive Business     Read The Article

PSR Analysis: Volvo adapt its line-up to compete in the Brazil and South America market that will demand significant part of the volume for the EV models. It is slightly behind Mercedes and Marcopolo with its own bus, but still able to catch-up and compete in main markets.    PSR

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

2022-10-21

Scania, VW and Volvo Show Euro VI Lineup

Three OEMs have announced new fuel efficient products.

Scania has announced an 8% fuel consumption improvement with Super 13 liters engines and promises 50% maintenance stops reduction. Volvo has announced a new Euro VI line with Volvo Engine produced in Brazil, replacing MWM on the VM platform. VW fuel consumption improvement is in the 5% range and the company reports 4,000 units Euro VI sold in 2022 already.

Read More»

2020-05-23

A New Class of Hybrids

The word “hybrid” in the power generation universe has generally been understood to mean a fossil-fuel engine supplemented by another power source, usually a renewable.

Tyler Wiegert
Tyler Wiegert

Then, the word grew to include vehicles and equipment that ran primarily on battery power but could be switched to a smaller engine that would recharge the battery while it ran.

Now, we are entering a time when “hybrid” includes drive systems that are primarily renewable-based and supplemented by an additional renewable system.

In this sphere, alternative power has primarily meant batteries and hydrogen fuel cells; one of the major impediments to wide adoption has always been range.

Read More»

2020-08-23

BMW Production Plant Scheduled for Kaliningrad

Maxim Sakov
Maxim Sakov

The launch of new plant with full production capabilities for BMW SUVs is planned for July 2021. According to Kaliningrad officials, the new plant is one of the most important investment projects in the regional processing industry. Autotor holding makes up a significant part of the regional production.

Officials said the enterprise is one of the largest employers and taxpayers in Kaliningrad region. Construction of the plant building is underway, and machinery installation will be started in January 2021. The first car is expected to be produced in July 2021.

Read More»

2023-06-19

Hyundai Motor and LG Energy To Build Battery Plant in U.S.

FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro
Akihiro Komuro

South Korea’s Hyundai Motor Group and LG Energy Solutions said they plan to build a joint automotive battery plant in the United States.

They will split the total investment of $4.3 billion (about 600 billion yen) on a 50-50 basis and plan to start operations by the end of 2025. As conditions for EV subsidies in the U.S. become clearer, several local investment plans are in the works.

The new plant will be built in Bryan County, Georgia. With a standard production capacity of 30 gigawatt-hours per year, it will be able to supply batteries for approximately 300,000 EVs. In addition to Hyundai Motor’s dedicated EV plant in Georgia, the plant will also supply batteries to Kia’s plant in Georgia and Hyundai Motor’s plant in Alabama.

Read More»

2021-02-22

Chris Fisher Truck News – February 2021

In this episode of the PSR PowerTALK Podcast Chris Fisher, Power Systems’ Senior Commercial Vehicle Analyst, discusses the Q4 2020 global production facts and related forecasts for medium and heavy trucks.

Transcript

Welcome to PowerTALK Truck podcast February 2021. Produced by Power Systems Research, the leading supplier of global production data and forecasts to the engine power products and Components industries. Here’s today’s host, Emiliano Marzoli, Manager of Power Systems Research, European Operations.

Read More»

2021-08-22

Hyundai Motor and LG Chem To Build $1.1 Billion EV battery Plant in Indonesia

Hyundai Motor and LG Chem have announced they will build a battery plant for EVs in Indonesia. The investment of $1.1 billion will be shared equally. The plant will mass produce batteries in Indonesia, which has the world’s largest reserves of nickel, and supply them to Hyundai Motor and Kia’s complete vehicle plants around the world. The new plant will be established on a 330,000 square meter site in an industrial park in the Karawang region, about 65 kilometers southeast of central Jakarta. Construction will begin by the end of this year and mass production will begin in 2024.

The plant will have an annual production capacity of 10 gigawatt-hours, enough to supply batteries for 150,000 EVs. Hyundai and Kia have a plan to launch a total of 23 new EV models in the next five years. In order to expand the range to include sedans, SUVs, and the Genesis luxury brand, stable procurement of batteries, a key component, has been an issue. The company’s first joint venture plant will lead to a long-term shift to EVs.

Read More»

2022-12-14

Korea’s SK Battery To Supply Hyundai’s U.S. Plant

FAR EAST: SOUTH KOREA REPORT
Akihiro Komuro
Akihiro Komuro

Korean battery giant SK Innovation announced that it will expand its supply of batteries to Hyundai Motor Group in North America, and the two companies will discuss the construction of a joint venture plant to increase supply after 2025. SK Innovation says it plans to support Hyundai Motor Group’s increased EV production in North America.

In addition to EV production at its existing Alabama plant, Hyundai Motor plans to start operations of a dedicated EV plant in Georgia by 2025. Kia Motors, a group company, will also increase EV production in Georgia, as stable procurement of batteries, a key component of EVs, has become an issue.

SK On, a battery subsidiary of SK Innovation, already supplies batteries for Hyundai Motor’s mainstay Ioniq EV series. In the U.S., SK On produces batteries at its existing Georgia plant, and after consulting with Hyundai Motor, the company will decide whether to expand the plant or establish a new joint venture plant.

Read More»