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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

PowerTALK™, March 2022

PSR-PowerTALK_March_2022Download

This issue of PowerTALK News contains several articles about the situation in Russia, including news about plant shut downs and operational adjustments by OEMs. Several EV articles, too.

Inside:

  • Medium and Heavy EV Testing
  • DataPoint: NA Dumpers/Tenders
  • Europe: Middle East Energy Show Resumes
  • South America
    • Brazil Cuts Production Taxes
    • VW Plans EV Charger Program
    • Sao Paulo EV Bus Program
  • China: 90% EV Penetration Expected
  • Japan: Sony, Honda To Develop EV SUV
  • India: Paggio Developing EV Scooter for India
  • Russia:
    • Half of Auto Plants Shut Down
    • KAMAZ Adjusts To Daimler Exit
    • CAT Plans To Stop Russia Production
    • Foreign Automakers Face Ultimatum

2022-03-20

São Paulo Starts Construction of BRT Aiming Electric Buses

BRAZIL REPORT

The São Paulo Government has announced the start of a BRT line, going through cities surrounding the São Paulo capital city with plans to be operating in 2023. This line has 17 km of extension and will use 82 Battery Electric Articulated 23 meter buses.

Source: M&T      Read The Article

PSR Analysis: The cities surrounding São Paulo Capital have started deploying the initiatives of the main city, as expected. São Paulo City has a more aggressive plan for using BE Buses  with 800 for 2022 and the average of 1600 per year from 2023 to 2032.  PSR

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

PowerTALK™, May 2022

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The May 2022 issue of PowerTALK News features articles on the NA production of Hydraulic Power Units, development of bio-fuels in Europe and the successful sales effort of Hyundai EVs at the Indonesia Auto Show.

Inside:

  • DataPoint: NA Hydraulic Power Units
  • Europe: Plant-Based Bio-fuel May Not Replace Fossil Fuels
  • South America:
    • Komatsu Announces Expansion in Brazil
    • Agrishow 2022 Sells US$ 5 Billion in Ag Equipment
  • China: Beijing Plan Calls for 100% EV Commercial Vehicles
  • Japan: MEGURI2040: The Fully Autonomous Ship Program
  • South Korea: Hyundai Sells EVs at Indonesia Auto Show
  • Vietnam:  Dat Bike EV Motorcycle Enters SE Asia
  • India:
    • PMI Electro To Set Up EV Manufacturing Plant
    • Tata Motors: Electrification Is Irreversible Trend

2022-05-23

Agrishow 2022 Sells US$ 5 Billion in Ag Equipment

Following two years with the show canceled because of COVID-19, the 2022 edition of the biggest agricultural segment trade show reached US$ 5.5 Billion (R$ 11.2 Billion) in equipment sales, including Agricultural Machines, irrigation equipment and storage equipment. A total of 193,000 people visited the show, including our team of PSR representatives in South America. This year’s sales are 287% over the R$ 3.9 Billion sales posted in 2019.

Source: Info Money    Read The ArticlePSR Analysis: The result indicates the continuous growth of the Agricultural Equipment Market and the overall Agricultural Business in Brazil. A record harvest is expected in 2022 with 6.4% increase forecasted over 2021. The forecast for next 10 years is more crops with higher productivity–that means more technology with new machines.  PSR

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

PowerTALK™, June 2022

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The June 2022 issue of PowerTALK News is loaded with articles about alternative power applications. Chris Fisher writes about the efforts at Cummins to develop hydrogen powered engines, Mike Aistrup reports on the e-motorcycle segment, Emiliano Marzoli discusses Volvo’s efforts to develop Construction Equipment powered by alternative energy sources, and Jack Hao reports on BYD’s plans to supply Tesla with batteries. And there’s more. Enjoy your read.

Inside:
  • North America:
    • PSR Expands Research Capabilities
    • Cummins Develops Hydrogen Engines
    • E-Motorcycle Update
    • Review of E-Motorcycle OEMs
  • DataPoint: NA Pavers
  • Europe: Volvo CE Pushing Alternative Power
  • Brazil/South America:
    • Electric Drive Trailers Okayed
    • Marcopolo Launches H2 Bus
  • China: BYD To Supply Tesla
  • Japan: New Environmental Exposition
  • South Korea: Korean EVs Succeed in UK
  • Indonesia:  Komatsu Supplies Hybrids to SE Asia
  • India: Bio-Fuel Policy Amended

2022-06-25

Brazilian Marcopolo Launches H2 Bus in Australia

Fabio Ferraresi
Fabio Ferraresi

Brazilian-based Marcopolo has expanded its product line of renewable and zero-emission fuels. Volgren, a company owned by the Brazilian manufacturer, is Australia’s largest bus producer. It has signed an agreement with Wrightbus, an Irish bus manufacturer, and market leader with Hydrogen technology in Europe, to develop and launch hydrogen fuel cell-powered buses for the Australian market.

The first units of the Volgren-Wrightbus are expected by early 2023. The vehicles will be the first Hydrogen buses in Australia to be built by a local manufacturer using European fuel cell technology.

Source: Press Release     Read The Article

PSR Analysis: Marcopolo is committed in its strategy on new propulsion, either with their own EV chassis in Brazil or with the H2 chassis in other markets, such as the Volgren in Australia. It enables Marcopolo to compete better in growing markets while it keeps its position in ICE markets with its current products.    PSR

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

Q2 2022 PSR Truck Production Index (PSR-TPI) gains 11.5%

PSR-TPI-Q2-2022-FINALDownload

St. Paul, MN (July 13, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) increased from 104 to 116, or11.5%, for the three-month period ended June 30, 2022, from Q1 2022. The year-over-year (Q2 2021 to the Q2 2022) loss for the PSR-TPI was, 130 to 116, or -10.8%.

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.

Global Index. Global medium and heavy vehicle production is expected to decline by 10% this year primarily due to a drop in demand in China and Eastern Europe. However, a slowing global economy will also place pressure on demand moving forward.

All Regions. Medium and heavy commercial vehicle production will be mixed this year due to a variety of issues. In China, truck and bus overcapacity will hinder demand while the Russian-Ukraine war will significantly impact demand and production in Eastern Europe. Global supply chains will remain a problem through at least the end of this year for all regions. There is critical concern about major slowdowns in the North American and European economies as a direct result of higher fuel prices and inflation which does not appear to be going away anytime soon.

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2022-10-21

GM Opens Third Shift at Joinville Engine Production Plant

GM has added a third shift at its plant in Joinville, SC, Brazil, to increase production capacity and supply engines for the Montana, the new Light Pickup below the S10 size. The capacity production increase forecast is 30%.

Source: Automotive Business     Read The Article

PSR Analysis: The new GM Montana pickup is aimed to complete with the Fiat Toro and Fiat Strada, and grab market share from the leaders. GM also expects to export engines, if the shortage of semiconductors can be solved, which will allow the plant to reach the desired production levels.    PSR

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

Toyota Launches India’s First Flex Fuel Hybrid

INDIA REPORT 

Aditya Kondejkar

Toyota has launched  the Corolla Altis, India’s first flex-fuel engine. This car will be able to run on petrol or ethanol as well as electric power. It is part of a pilot project developing Flexi-Fuel Strong Hybrid Electric Vehicles in India.

Source: Hindu Times    Read The Article

Because of the great diversity in India’s consumer population, especially its per-capita income disparity, and multiple applications of vehicles, India might not use one technology but might use a combination of technologies involving various fuel types.

The Indian market can’t simply shift from petrol/ diesel engines to EVs over the next few years. Hence, many OEMs are working on CNG/ hydrogen/ hybrid vehicles.  Toyota has launched this new vehicle for the Indian market as part of these efforts.

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