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PowerTALK™, March 2024

PowerTalk – Mar 2024Download

In the March 2024 issue of PowerTALK News you’ll find two articles describing changes at Van Hool, the Belgian bus manufacturer, as it struggles to meet EV competition. Another EV article describes possible EU tariffs on Chinese EV imports. You can also read an update on EV battery technology from Michael Aistrup as well as a report on the record sales performance in 2023 by Rolls Royce power systems business unit by Natasa Mulahalilovic, Finance and Admin. Manager – Europe.

IN THIS ISSUE

ALTERNATIVE POWER REPORT:

  • Germany Drops Subsidies for Electric Semi-trucks and Buses
  • Lithium-Air EV Batteries Tapped For Net Zero Economy of The Future
  • Why Are Hydrogen Fuel Cells So Expensive?
  • Europe May Slap Retroactive Tariffs on Chinese EVs

GLOBAL:

  • Van Hool To End City Bus Production in Belgium
  • E-Battery Technology Increases Application Opportunities

DATAPOINT: North America Trencher Production  

EUROPE:

  • Rolls Royce Posts 16% Revenue Gain
  • Van Hool Making Major Changes      

BRAZIL/SOUTH AMERICA:

  • Car OEMs Announce US$ 14.3 Billion Investment in Brazil
  • AG and CE Segments Poised for Substantial Growth in Brazil

JAPAN: Kubota Plans To Produce Batteries for EV AG Equipment
SOUTH KOREA: SK Plans World’s Largest Semiconductor Manufacturing Base
CHINA: Electrification of Construction Machinery Industry Accelerates
INDIA: EV Market Provides Opportunities and Challenges

2024-04-10

PSR Is Looking Forward To INTERMAT 2024

PARIS—The 2024 edition of INTERMAT, the International Exhibition for Construction and Infrastructure, is coming up soon. The four-day show will be held at the Paris Nord Villepinte Exhibition Center 30 minutes from Paris April 24-27, and Power Systems Research will be there. 

INTERMAT is a leading trade show that brings together close to 1,000 industry exhibitors from the construction and infrastructure sectors worldwide. It showcases the latest equipment, materials, innovations, and technologies in the global construction industry.

PSR team members will attend INTERMAT to gather information from exhibitors and attendees on the newest products and industry trends.

If you would like to meet with us at the show, please  contact us to schedule a meeting.

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2024-04-17

A New Path for Van Hool

EUROPE REPORT 
Emiliano Marzoli
Emiliano Marzoli

Brussels, Belgium – After weeks of uncertainty and, finally, a bankruptcy, bus and trailer manufacturer Van Hool can look to the future again.  The company trustee has accepted the bid from the competitor VDL – Schmitz-Cargobull.  This move was seen by the trustee as the quickest and most efficient way to restart the operations without losing additional company value, and important resources. 

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Global Lawn and Garden Equipment Market

GLOBAL REPORT
Michael Aistrup

The global lawn and Garden Equipment Market, which includes commercial and residential equipment, is projected by Power Systems Research to reach sales of $46.16 billion by 2030. This is a projected increase of $15.96 billion dollars from 2023 to 2030, an increase of 52.8%.

The global impact of COVID-19 is stating to wane and the market is returning to a normal growth rate. Individual homeowners are still interested in lawn and garden care, just not as much as during COVID-19. More people are returning to recreational activities.

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