Search Results for: united-states-trucking-stocks-plunge-after-werner-warns-sluggish-demand

2023-07-27

Scania Launches HV Truck with 900km Range

The X-gas line, presented by Scania in June 26, in Piracicaba (SP) will have versions with powers of 280, 340 and 410 horsepower, and has a range of 900 kilometers, 400 km more than Scania’s debut version in the gas segment.

The longer range was made possible by increasing the number of cylinders that store fuel in the chassis of the vehicles. There are 16 tanks, eight on each side, with a capacity ranging between 118 and 95 liters. In the gas truck previously launched by Scania, there were eight tanks in total.

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BYD Establishes JV To Produce Sodium-Ion EV Batteries

Guy Youngs
Guy Youngs

Chinese automotive conglomerate BYD is establishing a joint venture with Huaihai Holding Group to establish themselves as the world’s largest supplier of sodium-ion batteries for small EVs. Previously, we’ve seen CATL (BYD’s main competitor), announce plans to produce sodium-ion cells.

Sodium-ion batteries deliver a lower energy density than traditional lithium-ion cells but cost notably less to produce. Their main component (sodium) is also safer and more abundant than lithium. The chemistry is ideal for smaller EVs that generally deliver less range and have less demand on a daily mobility basis.

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2023-08-20

Continued Growth Seen for Powersports Market

Michael Aistrup

The growing popularity of powersports is expected to provide many new opportunities ln this rapidly growing market. Some of the trends fueling this long-term growth potential are:

Growing/changing market for utility-terrain vehicles (UTVs).

  • Technological advancements through improved durability and adaptability to UTV’s, ensure greater enjoyment for UTV riders.
  • Industry-leading companies will continue to focus on increased product range and rigorous R&D initiatives to strengthen their market standing.
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2023-08-21

Foxconn To Invest $246 Million in Vietnam Plant

SOUTHEAST ASIA: VIETNAM REPORT

Foxconn, Taiwan’s leading electronics contract manufacturer, has received regulatory approval for its plan to invest $246 million in two new projects in Quang Ninh Province in northern Vietnam. The projects, to be carried out by a subsidiary of Foxconn Singapore, will focus on the manufacturing and assembly of telecommunications equipment and electric vehicle components.

This will bring Foxconn’s total investment in Vietnam to approximately $3 billion. Of the new investment, $200 million will be invested in a factory to produce EV chargers and components, which is expected to begin production in January 2025 and employ an estimated 1,200 workers.

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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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PowerTALK™, September 2023

PSR-PowerTALK_Sept2023.FDownload

Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles.

IN THIS ISSUE
  • ALTERNATIVE POWER REPORT
    • California Building Hydrogen Refueling Network for Cars
    • New Zinc-Air Batteries Challenge Lithium Batteries
    • The Truth About EV Battery Recycling
    • Australian Mining — Can It Power All The New EVs?
  • GLOBAL:
    • Hydrogen Fuel Cell Commercial Vehicle Update
    • E-Bike Market Analysis
  • DATAPOINT: NA Tractor/Loader/Backhoes (TLBs)   
  • BRAZIL/SOUTH AMERICA: 
    • Companies Support Fleet Renewal Program
    • Motorcycle Production To Reach 1.5 Million in 2023
    • BEV Demand Boosts Brazil Mining Investment
  • JAPAN: Target of 300,000 EV Chargers by 2030 Planned
  • SOUTH KOREA:  Battery Companies Increase Sales
  • VIETNAM: Ridesharing Giant Gojek Converts To EVs
  • CHINA: Sany MOTA Launches Battery Rental Business
  • INDIA: Bus Sector Bounces Back; EVs Fuel Post-Covid Growth

2023-10-14

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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