Mexico Beats Argentina for Brazilian Vehicle Exports

Fabio Ferraresi
Fabio Ferraresi

Mexico became the main trading partner of the Brazilian automotive sector in July, beating Argentina in 2023 YTD results. Brazil exports volume to Mexico are favorable because of a 33% growth in the Mexican domestic market. Brazil expanded its exports to the country by 142%, according to Anfavea.

Even with the help of increasing exports to Mexico, Brazilian exports had a significant reduction to 30,300 units, 27.6% below the same period in 2022, which totaled 41,900 units.

The Chilean market has shrunk by 30% this year, from 261,000 to 182,000 units compared to the first seven months of 2022. Purchases of vehicles made in Brazil decreased 61% in the period, from 41,000 to 16,000 units.

In Colombia, the domestic market fell by 60%, from 263,000 to 104,000 units, from January to July compared to the same period last year, and the presence of Brazilian vehicles fell 42%, from 47,000 to 27,000 units.

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XCMG Group, Toyota Sign Cooperation Pact

CHINA REPORT
Jack Hao
Jack Hao

XCMG Group and Toyota have signed a strategic cooperation agreement in the field of hydrogen energy. The companies will build a complete hydrogen energy machine and core component industry base centered around Xuzhou, which will drive development of the hydrogen energy industry in Xuzhou.

XCMG Group expects this contract to aid both parties to collaborate and innovate in cutting-edge technology research and development applications such as hydrogen vehicles, fuel cells, and core components.

Using hydrogen energy to change the future is the goal of Toyota and XCMG. The foundation for the development of Xuzhou’s green and low-carbon energy industry is solid.

Source: D1CM     Read The Article

PSR Analysis: XCMG Group and Toyota have strong complementary prospects, and huge potential for cooperation and development. Working together, they will accelerate the progress of off-road machinery from traditional fuels to electrification and finally to fuel cells.

Toyota has always been a major supporter of hydrogen fuel cell vehicles as an alternative to electric vehicles. Toyota will focus on selling hydrogen powered trucks and cars in Europe and China. In 2022, Toyota sold over 3,900 fuel cell vehicles, while its global sales are about 9.5 million units.

Toyota hopes to sell 200,000 hydrogen powered vehicles by 2030. The products of XCMG Group include five pillar industries: Construction Machinery, Lifting Machinery, Piling Machinery, Concrete Machinery, and Road Machinery, as well as strategic new industries such as Mining Machinery, Aerial Work Platforms, Environmental Industry, Agricultural Machinery, Port Machinery, and Rescue Support Equipment. It has over 60 enterprises under its jurisdiction, including mainframe, trade services, and new business models. This cooperation could have a major impact on both parties. PSR

Jack Hao is Senior Research Manager – China for Power Systems Research

Both Battery and Hydrogen Fuel Cars Needed

When discussions take place about Alternative power systems, (hydrogen fuel cells or battery electric engines), experts often fall into one camp or the other.

Proponents of each technology have been vocal in spotlighting the benefits they have to provide. Often, they will compare battery electric to hydrogen fuel cell performances, particularly when it comes to vehicles. However, experts are now coming to the conclusion that it’s not really a matter of deciding which technology will win out and which will disappear. Instead, each form of clean power will find its place, as each has strengths in specific areas. The main points of debate are Efficiency, Infrastructure and Environmental impact.

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VW Announces Pickup Truck To Fight with Fiat Toro

Volkswagen has announced plans to introduce a pickup truck at its São José dos Pinhais plant in Paraná, Brazil, currently dedicated to assembling the T-Cross SUV. This new model, referred to internally as Project Udara, is part of the automaker’s €1 billion investment cycle in the country extending until 2028.

In addition to the pickup, the investment includes the development of two flex-hybrid vehicles, a new SUV, and a new engine, slated for production at the Brazilian assembly lines in São Bernardo do Campo and São Carlos.

The forthcoming pickup, larger than the existing Saveiro model produced in São Bernardo do Campo, is expected to feature a flex-fuel engine, with potential hybrid variants. Project Udara is set to be constructed on the MQB platform, and its launch is expected in early 2026.

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Vehicle Production in Brazil Stagnates

During the first 10 months of 2023, Brazilian On Highway Vehicle production faced challenges, with an increase in imports of approximately 58,000 units from January to October and a simultaneous drop in exports by more than 52,000 vehicles. The outcome was a stagnation in production, as only 1,950,000 passenger cars, Minivans and SUVs, light commercial vehicles, trucks, and bus chassis were produced. This marked a decrease of 0.6%, equivalent to almost 12,000 vehicles, compared to the same period in 2022, as reported by Anfavea on Nov. 8, 2023.

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PowerTALK™, December 2023

Worldwide EV battery development continues at a fast pace, US outdoor recreation industry hits $1 trillion, and Honda plans to drop mass production of its Honda “e” . Read about these items and more in the December PowerTALK News from Power Systems Research.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • High Energy, Cobalt-Free Lithium Ion Battery Developed
  • CATL Creates Fast Charging Skateboard
  • Record Low EV Battery Prices Reported in 2023
  • US Discovers Lithium Bonanza for EV Batteries

NORTH AMERICA: 

  • Electrify Where It Makes Sense
  • Outdoor Recreation Adds $1.5 Trillion to US Economy in 2022

DATAPOINT: NA Combines
EUROPE: Kobelco Expands European Headquarters
BRAZIL/SOUTH AMERICA:

  • Argentina Vehicle Production Grows in November
  • Brazil Off-Highway Machine Sales Continue To Decline
  • VW Trucks and Bus To Restart Two Shifts in January

JAPAN: Honda To Drop Mass-Produced EV “Honda e”
SOUTH KOREA: Hyundai Motor and Apple May Partner
INDIA: Mahindra Plans To Double Tractor Exports

2024 NA Production: Dumpers/Tenders

1,600 units is the estimate by Power Systems Research of the number of Dumpers/Tenders expected to be produced in North America in 2024.

Dumpers/Tenders are vehicles designed for carrying bulk material, often on building sites. Dumpers are distinguished from dump trucks by configuration: a dumper is usually an open 4-wheeled vehicle with the load skip in front of the driver, while a dump truck has its cab in front of the load.

Utility style models are versatile and are extremely popular with homeowners.  Dumper/Tenders, commonly referred to as the Power Buggy, are sought after pieces of equipment, much faster than a conventional wheelbarrow and can accelerate job site related activities. 

Carol Turner is Senior Analyst, Global Operations, at Power Systems Research

Alternative Power Report, January 2024

Battery development news continues to lead the way in the current issue of the Alternative Power Report produced by Power Systems Research. In this issue, read articles about silicon anode powder used in batteries and a new cathode material that provides cheaper and more sustainable power. This issue contains news about government regulations aimed at EVs and GM and Komatsu joining forces to produce hydrogen powered mining trucks.