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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

PowerTALK™, August 2023

PSR-PowerTALK.Aug2023.FDownload

Reports of new product development and emissions are featured in several articles in the August 2023 issue of PowerTALK News. Read about VW’s breakthroughs, a new hydrogen-powered generator, and new regulations covering machine products in Europe.

IN THIS ISSUE
  • Alternative Power:
    • VW Reveals Four EV Breakthroughs
    • EVs Report Fewer Greenhouse Gases
    • Methane Is Big Greenhouse Gas Problem
    • Hydrogen Engines Pose Hurdles
  • DataPoint: North America Personal Watercraft
  • Europe: New Machine Regulations
  • Brazil/South America:
    • PSR Sponsors at SAE Mobility Forum
    • Mexico Beats Argentina in Brazil Exports
    • 29% of 2023 Brazil Trucks Have Euro 6 Engines
  • Japan: Firms Develop Hydrogen-Powered Generator
  • Vietnam: Foxconn To Invest $246 Million in Vietnam
  • China: XCMG Group, Toyota Sign Pact
  • India: Marluti Suzuki Plans India Market Expansion

PowerTALK™, September 2023

PSR-PowerTALK_Sept2023.FDownload

Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles.

IN THIS ISSUE
  • ALTERNATIVE POWER REPORT
    • California Building Hydrogen Refueling Network for Cars
    • New Zinc-Air Batteries Challenge Lithium Batteries
    • The Truth About EV Battery Recycling
    • Australian Mining — Can It Power All The New EVs?
  • GLOBAL:
    • Hydrogen Fuel Cell Commercial Vehicle Update
    • E-Bike Market Analysis
  • DATAPOINT: NA Tractor/Loader/Backhoes (TLBs)   
  • BRAZIL/SOUTH AMERICA: 
    • Companies Support Fleet Renewal Program
    • Motorcycle Production To Reach 1.5 Million in 2023
    • BEV Demand Boosts Brazil Mining Investment
  • JAPAN: Target of 300,000 EV Chargers by 2030 Planned
  • SOUTH KOREA:  Battery Companies Increase Sales
  • VIETNAM: Ridesharing Giant Gojek Converts To EVs
  • CHINA: Sany MOTA Launches Battery Rental Business
  • INDIA: Bus Sector Bounces Back; EVs Fuel Post-Covid Growth

2023-10-23

Lithium Deposit In Nevada Could Be World’s Largest

The Chinese were way ahead of the rest of the world when it came to recognizing the value of lithium. While most nations slept, China was busy identifying lithium deposits around the world and either buying them or negotiating deals with those who may not have fully appreciated lithium’s value.

It incentivized others to seek alternatives. New companies sprang up to extract lithium from salt brine, especially in the Salton Sea area of California. But these are years away from being able to supply America’s and the world’s needs.

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Q3 2023 Power Systems Research Truck Production Index (PSR-TPI) Climbs 3.6%

St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) climbed from 104 to 108, or 3.6%, for the 12 months ended Sept. 30, 2023. The PSR-TPI dropped from 117 to 108, or 7.7%, for the three-month period ending Sept. 30, 2023, from  Q2 2023.

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 January 2024 and will reflect changes in the TPI during Q4 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_Q3-2023.FDownload

2023-10-24

Higer Azure Electric Bus Debuts in São Paulo

The Azure A12 BR electric bus, from China’s TEVX Higer, has started operating in the South Zone of São Paulo. The vehicle has been put into use by Transwolff. According to the company, the 12-meter-long vehicle was made especially for the Brazilian market. It has a low floor and a suspension “kneeling” system. This feature provides more safety, comfort, and ease when boarding and disembarking passengers.

The bus has wide aisles and an access ramp at the central door. Thus, there is more accessibility for people with special needs related to reduced mobility.

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2023-11-16

Hyundai Sells EVs To Oil-Producing Countries

SOUTH KOREA REPORT

Hyundai Motor Company has started to develop the EV market in the Middle East. The strategy is to get a head start in the market by making large investments. In response to the global movement to reduce carbon dioxide emissions, interest in the EV market is high in the oil-producing countries of the Middle East.

On Oct. 22, 2023, Hyundai Motor Company, which is expanding its business into environmentally friendly hydrogen energy in addition to local vehicle production, signed a joint investment agreement with the Saudi National Fund to establish a semi-finished product assembly plant. The joint venture plant will be built in King Abdullah Economic City and will have an annual production capacity of 50,000 units.

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