Search Results for: lawmaker-looks-exempt-glider-kits-new-emissions-regs

2021-05-24

Mahindra To Set Up New Plant for Farm Equipment

Aditya Kondejkar

Mahindra and Mahindra Ltd (M&M), market leader in the Indian tractor industry, is betting on farm equipment because of increasing demand. The decision is greatly influenced by the healthy agricultural output, record sales for tractors and reverse migration since last year.

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PSR Analysis: The company is trying to enter the untapped farm mechanization segment in the country. According to Mr. Hemant Sikka (President Farm Equipment Sector Mahindra) this market has very high potential as India has only 1% share of the global farm equipment market vs. 10% of the global tractor market. 

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2022-03-20

Electric VW E-Delivery Has New Chargers and Reach Into Colombia

BRAZIL REPORT
Fabio Ferraresi
Fabio Ferraresi

VWCO will increase the offer of homologated chargers and now it can be charged in more than 10 different wall boxes. In addition to the new chargers, VW is starting the sale effort in Colombia in agreement with Porsche Colombia, with versions of 11 and 14 tons.

Source: Automotive Business    Read The Article

PSR Analysis: Colombia is a market with high acceptance for EV and alternative propulsion and sales of this vehicle should grow fast. Total cost of ownership is still an issue for this product in Brazil, but many companies are investing in these products to associate the green and environmental appeal to its brands.   PSR

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

2023-09-16

Australian Mining — Can It Power All The New EVs?

Australia is already the largest exporter of lithium in the world and has the largest lithium mine in the world. Each quarter, the Australian government produces a report from the Department of Industry Science and Resources which discusses Lithium and most of the other minerals needed to support the EV revolution.

The report is 175 pages long and this article focusses on the sections dealing with copper, nickel, zinc, and lithium.

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2020-02-25

EV Postal Delivery Motorcycle Is Honda’s New Opportunity

This article initially appeared in the February 2020 issue of PowerTALK News.

JAPAN–Honda plans to introduce 200 electric motorcycles for postal delivery services by March 2020, and around 2,000 units are expected be introduced in FY2020. Approximately 85,000 postal delivery motorcycles are running in Japan today, and all are made by Honda. There are also three-wheel models, but most are Super Cubs, which has a reputation for reliability. At first, these EV bikes will be deployed in Tokyo, where the driving range is small, and in other local ordinance-designated cities.

Akihiro Komuro
Akihito Komuro

The base unit is the electric motorcycle for business use, the Benly e-series. Honda will start selling it to corporations in April 2020. This is a 96V system in which two lithium-ion batteries with a voltage of 48V are connected in series. Charging is performed by removing the battery from the vehicle and using a special charger; it takes about four hours to reach full charge from zero.

Honda says the bike has a maximum output of 3.8PS and achieves a 12-degree slope uphill performance with maximum load capacity. The cruising range is 87km for Benly e: I and 43km for Benly e: II. According to Honda officials, the bike can be operated for one day considering the delivery range, but in most cases it will return to the post office during lunch break, and a battery can be replaced at that time.

Source: Response

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New India Budget Disappoints Auto Industry

This article initially appeared in the February 2020 issue of PowerTALK News.

Source: Business Today   Read The Article

Ritvik Kulkarni
Ritvik Kulkarni

PSR Analysis: The Indian Automotive Industry was largely left disappointed with the budget after no direct steps were taken to arrest the decline in automotive sales. Although keeping long term benefits in mind, the budget did introduce measures to boost the rural economy, which in turn will directly benefit the commercial vehicle industry which is an important driver for the economy.

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2020-07-26

Japan: Toyota, Nissan and Honda Research e-Fuel as New Fuel

Toyota, Nissan, and Honda each are preparing for stricter environmental regulations in 2030 by focusing on research and development of e-fuel, a synthetic liquid fuel made from carbon dioxide (CO2) and hydrogen (H2).

Akihiro Komuro
Akihito Komuro

e-Fuel is a liquid hydrocarbon chain fuel made from the catalytic synthesis of H2 and CO2 from the electrolysis of water.

Generated from renewable energy sources, they are “carbon neutral,” which means they emit and absorb the same amount of CO2. The e-fuel can be mixed with gasoline or diesel fuel.

The three Japanese companies each have begun researching efficient synthesis and use methods and business models. The reason for researching e-fuel is that, in addition to complying with regulations, the degree of penetration of e-fuel will have a significant impact on the ratio of EV and HEV sales.

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2021-02-23

New Wave of COVID-19 Cuts Brazil Motorcycle Production by 50%

Manaus-AM had the biggest impact of COVID 19 in Brazil and it is where Honda and other Motorcycle OEMs have production plants. Honda, responsible for over 80% of the production, had to stop twice in January due to the pandemic effects. The consequence is that the production in January 2021 fell by 50% when compared with January 2020 and by 27% when compared with December 2020.

Source: Press Release      Read The Article

PSR Analysis: The demand for motorcycles remains high and the forecast is 10% growth over 2020. These stops are punctual. Volumes should be recovered as pandemic effects slow down during 2021 with the vaccines and the growth forecast is kept so far.   PSR

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

2021-03-19

Listen To New PSR PowerTALK Podcast

Now, you can listen to the leading analysts and editors from Power Systems Research discuss the outlook for powertrain news each Tuesday by region and by targeted industry segments on PSR PowerTALK Podcast.

PSR PowerTALK podcasts include Forecasts by PSR analysts, interviews by PSR analysts with industry leaders and production reports on specific applications produced by Carol Turner, Senior Analyst at Power Systems Research.

You can listen to the PowerTALK podcasts on your favorite podcast provider or by visiting the Power Systems Research PowerTALK Podcast Archive on this website.

Visit the PSR PowerTALK Podcast Archive

2021-12-19

New Cars in Russia Cost More Than in USA and Europe

The prices for cars in Russia now exceed the prices abroad. The high prices are caused by high custom taxes, certification for Glonass satellite systems and exchange rates of national currency. After many global OEMs built assembly plants in Russia, prices for cars were equal to cars in other markets, and after fall of the Ruble exchange rate in 2014, cars became even cheaper. However, in 2021 prices have grown significantly because of a shortage of semiconductors.

For example, the minimum price of a Hyundai Sonata in the USA is US$ 24,150, equivalent to about 1,725,000 rubles. In Russia, a similar car is priced at 1,799,000 rubles. A Kia Seltos in the USA costs US$ 22,490 (about 1,605,000 Rubles); in Russia, the minimum price is 1,734,000 rubles. Cars such as the Toyota Camry, Toyota Corolla and RAV4 are also more expensive in Russia by about US$ 3,000-5000.

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PSR Analysis: Actual prices are even higher in Russia because of dealer mark-ups. Sometimes, to buy a car, it’s necessary to pay 1.5-2 times the prices as a cost for “options”. As a result, there has been a 20% fall of sales in the country.   PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research

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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