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PowerTALK™, October 2022

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IN THIS ISSUE

Lorena Violante is the Senior Market Research Consultant for Power Systems Research. This month she interviewed Miguel Elizalde Lizárraga, the executive president of ANPACT (the National Association of Bus, Truck and Tractor Producers). She also provides a report on ExporTransporte 2022, the largest truck bus show in Latin America.

Also in this issue read these articles:

  • Alternative Power
    • Ideanomics Tests Quick Power 500 kW Charger
    • Hydrogen Combustion Engines Possible
    • Super-Fast Aqueous Rechargeable Zinc Battery
    • Miniature Hydrogen Fuel Cell Powers RC Truck
  • DataPoint: NA Skid Steer
  • Brazil/South America:
    • Record Sales of Agricultural Machines in Brazil
    • Scania, VW and Volvo Show Euro VI Lineup
    • GM Opens Third Shift Engine Production Plant
  • Show Report: Expotransporte 2022
  • China: Mercedes Produces Initial Heavy Trucks
  • Japan: Agri Week 2022 Report
  • South Korea: Hyundai and KT Invest in Autonomous Driving
  • Vietnam: Urban Railroads Delayed
  • India: Toyota Launches First Flex Fuel Hybrid

Power Systems Research Truck Production Index drops 13.7%

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Global Truck Production REPORT

St. Paul, MN (October 24, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) dropped from 110 to 101, or 8.2%, for the three-month period ended September 30, 2022, from Q2 2022. The year-over-year (Q3 2021 to Q3 2022) loss for the PSR-TPI was, 117 to 101, or 13.7%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

All Regions. Medium and heavy commercial vehicle production will be mixed this year due to a variety of issues.  In China, truck overcapacity continues to hinder demand while the Russian-Ukraine war is significantly impacting demand and production in Eastern Europe.  The global supply chain will remain a problem through at least the end of this year for all regions.  There is serious concern about a major slowdown in the North American and European economies as a direct result of higher fuel and energy prices and overall inflation which doesn’t appear to be going away anytime soon.

Global Index. Global medium and heavy vehicle production is expected to decline by 13% this year primarily due to a significant drop in heavy truck demand in China.  A slowing global economy along with continued supply chain disruptions will continue to place pressure on demand moving forward.

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2022-11-15

Semiconductor Development Companies Set Up

FAR EAST: JAPAN REPORT
Akihiro Komuro
Akihiro Komuro

The full details of the government’s goal of a next-generation semiconductor development system have been revealed. Led by the Ministry of Economy, Trade and Industry, and in cooperation with the private sector and overseas countries such as the United States, a new company will be established to mass produce next-generation semiconductors, and a new R&D center will be launched. This is the first time that a comprehensive system for research and mass production of advanced semiconductors has been established.

The new structure has two pillars. The “LSTC (Leading-edge Semiconductor Technology Center)” will be established by the end of this year as a research and development center for next-generation semiconductors. The University of Tokyo, Tokyo Institute of Technology, Tohoku University, RIKEN, and others will participate in the LSTC, which aims to be an open R&D platform for both domestic and international use so that the results of research can be put to practical use. The company is also considering collaboration with the National Semiconductor Technology Center (NSTC), which is scheduled to be established in the United States.

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Korean Electric Motorcycle Maker Builds Factory in Vietnam

FAR EAST: SOUTH KOREA REPORT

Zio Holdings, a South Korean company engaged in the production and sale of electric motorcycles, says it has completed an electric motorcycle factory in Bac Ninh Province in northern Vietnam.

The factory covers an area of 1,300 m2 and has an annual production capacity of 12,000 units. The factory will receive parts supplied from original brand factories in Vietnam and China and will assemble the parts at ZIO EV’s factory in Vietnam.

The electric bikes to be manufactured at the new factory will be named “EDEN” and “MEVOYEZ,” and will use LFP batteries (lithium-ion iron phosphate batteries). The maximum speed is 55Km/h, and the driving range is over 150km. The selling price is expected to be 30 million VND (approximately 176,000 yen).

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PowerTALK™, November 2022

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IN THIS ISSUE

Bauma 2022 was held in Munich this year during October, and Power Systems Research sent a team of analysts to the show to meet with exhibitors and attendees to discuss industry changes and to study new products. Read their complete report. Also in this issue is the expanded Alternative Power sources report prepared by Guy Youngs.

  • Alternative Power
    • JCB Unveils Mobile Hydrogen Refueller
    • Massive Hydrogen Fuel Truck To Help Decarbonize Mining Industry
    • 50-Ton Battery-Powered Electric Crane Introduced
    • World Needs To Mine 25× More Lithium By 2050
    • US Increases EV Battery Recycling Capacity
    • Penn State Offers Smaller, Faster Charging Batteries
    • Liebherr Leads Bauma Innovation Award Winners
  • Miners Cut CO2 Emissions by Switching To EVs
  • DataPoint: Utility Vehicles
  • Global Report: Powersports Market Expected To Exceed US$ 50 Billion
  • North America: Hydrogen Fuel Cell Truck News
  • Brazil/South America:
    • Foton Aumark Shuts Down Operations in Brazil
    • São Paulo Partners with ENEL To Replace Diesel Buses To BEV
  • Randon Acquires US Trailer Maker Hercules
  • Show Report: Bauma-Munich 2022
  • Japan: Semiconductor Development Companies Set Up
  • South Korea: Korean Electric Motorcycle Maker Builds Factory in Vietnam
  • SE Asia: New Vehicle Sales Increase 33% in September
  • India: Cheering Festive Season for Auto Industry

PowerTALK™, December 2022

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IN THIS ISSUE

Lots of news on Alternative Power issues in the December edition of PowerTALK News from Guy Youngs and other analysts at Power Systems Research. In addition to Guy Young’s report on alternative power, don’t miss John Krezsicki’s podcast about Michigan University’s Solar Car research program, Tesla’s Lithium refinery project in Texas and Chris Fisher’s report on M&A activity in the Light/Medium EV segment. PSR

  • Alternative Power
    • Are There Enough Materials For Needed EVs?
    • Redwood To Supply Cathode Materials To Panasonic
    • Tesla Lithium Refinery Project Advances in Texas
    • Here’s What Container Ships Could Look Like by 2050
  • DataPoint: Terminal Tractors
  • North America:
    • More Acquisitions in Light/Medium EV Segment
    • U.S. Powersports Industry Grows in 2021
    • PSR Podcast: Michigan Solar Car Program  
  • Europe: Solaris Buses Purchases 25 Fuel Cell Engines
  • Brazil/South America:
    • Royal Enfield Starts Assembly Plant in Brazil
    • BorgWarner To Produce Vehicle Batteries in Brazil
    • John Deere Plans Construction Equipment Plant
  • China: 2023 EV Sales To Grow To 8.4 Million Units
  • Japan: Honda To Produce FCVs in the U.S.
  • South Korea: SK To Expand Supplies To Hyundai’s U.S. Plant
  • India: CV Production Nears Pre-covid Levels

PowerTALK™, January 2023

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Manufacturers are increasing their efforts to develop hydrogen as a power source for vehicles and stationary power equipment at the same time that they continue to develop batteries that are lighter and that can be charged faster.

In This Issue
  • Alternative Power
    • • Are Hydrogen Engines in the Future?
    • • Growth of Hydrogen Internal Combustion engines (H-ICE)
    • • JCB Reaches Hydrogen Milestone
    • • Hyster Begins Pilot of Hydrogen Fuel Cell Powered Container Handler
  • North America: U.S. Economy Faces Problems
  • DataPoint: NA Combines
  • Brazil/South America
    • • Brazil Pushes Truck Renewal Program
    • • First Synthetic Fuel Neutral CO2 Started
    • • FPT Developing Ethanol or Biomethane Engine
  • Europe: Cost Increases Cause Losses at HanseYacht
  • China: CNH To Halt Sales of Construction Machinery
  • Japan: METI Sets 2030 Goal for EV Trucks
  • South Korea: Hyundai Plans $14.7 Billion for Software
  • Southeast Asia: EV Purchase Subsidies Planned
  • India: Bets Placed on Green Hydrogen

2023-01-20

EV Purchase Subsidies Planned To Promote Sales

SOUTHEAST ASIA: 6 MAJOR COUNTRIES REPORT
Akihiro Komuro
Akihiro Komuro

Indonesia plans to introduce a subsidy program to encourage the purchase of EVs starting in 2023. The goal is to increase the number of EV users to 2.5 million by 2025 and reduce air pollution. The EV purchase subsidy program will be added to the list of EV policies introduced by President Joko Widodo over the past year.

Transportation Minister Boudi Karya Sumadi said the government is also considering subsidies for retrofitting internal combustion engine vehicles, but the government is carefully considering this plan because it would bring major changes to the labor-intensive auto industry. The Ministry of Transport plans to approach existing Indonesian automakers, such as South Korea’s Hyundai Motor and China’s BYD, to create an EV ecosystem for Borneo’s new capital city, he said.

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Q4 2022 Power Systems Research Truck Production Index (PSR-TPI) gains 3.7%

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St. Paul, MN (Janaury 23, 2023)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 101 to 105, or 3.7%, for the three-month period ended Dec. 31, 2022, from Q3 2022. The year-over-year (Q4 2021 through Q4 2022) loss for the PSR-TPI was, 122 to 105, or -13.2%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

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PowerTALK™, February 2023

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In This Issue

Read in the February 2023 issue of PowerTALK News about the 240 ton EV mining truck than can charge in 30 minutes. At the same time, Volvo unveils an electric mixer truck and Japanese OEMs push to develop battery production in North America.

  • Alternative Power
    • • 240 Ton Electric Mining Truck Charges in 30 Minutes
    • • Study Shows Plug-in Hybrids Dirtier Than We Thought
    • • From Diesel to DC
    • • Volvo Unveils Electric Concrete Mixer Truck
  • Global: MC Market Grows 5.48%
  • N. America: Charging Infrastructure Blocks Adoption for BEV’s
  • DataPoint: Dumpers/Tenders
  • Brazil/S. America:
    • • Hitech Electric To Produce 100% EV LCVs
    • • Hyundai Keeps Gamma Engine in Units for Colombia
    • • Legislation for AG Tractors Cabin in Brazil Has Changes
    • • January Truck Production in Brazil drops 72%
  • Europe: Deutz, Daimler Align
  • China: Adoption of New Energy Commercial Vehicles Pushed
  • Japan: OEMs Seek Battery Production Channel in NA
  • South Korea: Hyundai To Start Operations at Plant in Vietnam
  • SE Asia: Kubota Seeks Manpower
  • India: Budget Focuses on Capex