Daimler’s RIZON Electric Truck Feels like Driving a Car

Daimler recently launched a class 4-5 medium-duty electric truck brand, RIZON, and Electrek got a chance to kick the tires and drive one around. They were impressed at how well it drives (for an 18k GVWR vehicle) and how comfortable it feels like it would be on long shifts.

Rizon is a new brand from Daimler Trucks focusing entirely on zero-emissions in the class 4-5 space. Trucks of this size don’t require commercial driver’s licenses, and you’re more likely to see them around your neighborhood, doing local delivery tasks, equipment rentals, moving businesses, and the like. So, it’s nice to have clean, quiet operation instead of noisy and stinky diesel vehicles.

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DataPoint: North America Production of Scooters              

197,500 units is the estimate by Power Systems Research of the number of Scooters expected to be produced in North America in 2023.

Scooters are motorized 2-wheeled vehicles used primarily for recreational.

Production climbed sharply in 2022, increasing by 24,686 units, or 14.6%, from 2021. We expect production to climb in 2023 as well, growing by about 3,725 units or 2%.

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Komatsu To Develop Electric Excavator with Honda

FAR EAST: JAPAN REPORT

Komatsu says it will launch the PC05E-1 electric micro excavator, jointly developed with Honda, in the Japanese market in October. In the domestic construction equipment market, where the electrification market has not yet been developed, Komatsu plans to quickly create a market to achieve carbon neutrality by 2050 by introducing a variety of models.

The machine is an expanded version of the PC01E-1 electric micro excavator, which was introduced to the domestic market in March 2022. The current “PC05-1” micro excavator, which is widely used for small civil engineering and construction work as well as gas, electric and plumbing sites, has been electrified by installing the Honda Mobile Power Pack e: or electric power unit (eGX) as a power source, like the “PC01E-1”. Komatsu aims to achieve electrification by FY2023.

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Malaysia’s Proton Considers Building EV Plant in Thailand

SOUTHEAST ASIA: MALAYSIA REPORT
Akihiro Komuro
Akihiro Komuro

Malaysian state-owned carmaker Proton is considering building an EV plant in Thailand, according to reports from Thailand government officials. The Thai government has long focused on promoting related industries.

At a joint press conference with the Prime Minister of Malaysia, where he is visiting, the Thai Prime Minister said, “I hope we can confirm clear steps to invite the plant and proceed quickly,” and indicated that he plans to work out the details with the parties involved soon. The amount of investment and production capacity were not disclosed.

Proton was established in 1983 as a national policy to revive Malaysia’s automotive industry. Currently, the company is rushing to switch to EVs after receiving an investment from Geely, a private Chinese automotive giant.

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White Hydrogen Could Reduce Decarbonization

Early this summer, scientists in northern France discovered what has the potential to be a huge white hydrogen deposit, (white hydrogen is naturally occurring H2). Not all forms of the hydrogen are equally clean, and this depends on how hydrogen is produced. Brown, black and grey H2, for instance, are all produced using processes with fossil fuels, such as coal or natural gas and are therefore not environmentally friendly.

Depending on how this H2 is extracted, it could prove to be one of the cheapest and cleanest forms of hydrogen. The natural H2 deposit was found in July 2023 by Philippe de Donato and Jacques Pironon, scientists at the Université de Lorraine.

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China Discovers Unique Battery Material

Guy Youngs
Guy Youngs

A newly discovered ore containing vast quantities of an element widely used in semiconductors has been found in China. The discovery could propel new advances in battery technology.

Geologists have found the rare earth metal niobium inside the new ore named niobobaotite from north China’s Inner Mongolia. The rare earth metal is widely used in alloys for jet engines and rockets and has also been shown to have exceptional current conducting properties in low temperatures.

Researchers have said batteries made from niobium have several advantages over traditional lithium-ion batteries. The Brazilian Metallurgy and Mining Company (CBMM) has been working on new projects towards the use of niobium to make advanced lithium-ion batteries.

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Mahindra Plans To Double Tractor Exports

INDIA REPORT
Aditya Kondejkar

“Our aim is that with the launch of Oja (platform), we will double our export in the next three years,” says Hemant Sikka, president of Mahindra’s farm equipment sector. “So, we want to increase exports from 18,000 to 36,000 in about three years.”

In collaboration with Mitsubishi Mahindra Agriculture Machinery, Japan, and an investment of INR 1200 crore, the new Oja platform could help Mahindra win 25% of the worldwide tractor demand. This includes tapping into new markets such as Europe and ASEAN, as well as strengthening its presence in sectors like horticulture.

Source: Economic Times    Read The Article

PSR Analysis: The launch of Mahindra Tractors’ new Oja platform underscores a strategic move with several critical business implications. First, the entry into the 80,000 unit ASEAN market represents an expansion initiative, targeting countries such as Thailand, Indonesia, and the Philippines. This move aligns with the company’s global growth strategy, capitalizing on the increasing demand for tractors in these emerging markets.

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Recharging Slows Electrification of HD Trucks

CHINA REPORT
Jack Hao
Jack Hao

In 2022, the penetration rate of new energy units in the commercial vehicle market exceeded 10%, and the penetration rate of heavy-duty trucks was close to 5%. The new energy subsidy policy was scheduled to be withdrawn at the end of 2023, but data for the January to October period is basically the same as the previous year. The share of new energy units for the commercial vehicle segment is far lower than the market share of 30.4% for new energy passenger vehicles.

With the accelerated adjustment of China’s transportation structure, it is expected that by 2025, the national railway and water freight volume will increase by 10% and 12%, respectively, compared to 2020, while the road freight volume will relatively decrease. In this context, bulk and ultra long-distance road transportation will gradually exit the market, and the advantages of short and point-to-point road trunk transportation with radii of around 500 kilometers and 300 kilometers will be further highlighted.

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