Komatsu says it plans to restructure its business in China this year, cutting its annual production capacity of construction machinery equipment in China by nearly 40% to 10,000 units.
At the same time, due to sluggish market demand, it will merge its equipment production subsidiary and its parts subsidiary in Jining City, Shandong Province. The production subsidiary and casting subsidiary based in Changzhou City, Jiangsu Province, also will be merged.
Komatsu’s production subsidiaries in the two provinces previously terminated their joint venture relationship. Even if the annual production capacity is reduced to 10,000 units, it is expected that local production capacity will enable Komatsu to increase exports to Southeast Asia and other regions.
Many leading construction companies now are looking at ways they can reduce their CO2 footprints. With the advent of market-ready electrified powertrains, gas-fueled internal combustion and even fuel cell electric drives, where does the push for CO2 reductions leave diesel power?
Diesel technology has made real improvements. With cleaner combustion cycles, the introduction of low-carbon fuels and advanced emissions treatment hardware, diesel has never been cleaner. Diesel engines are so clean that the latest on-highway diesel engines that proposed Euro 7 standards have truck manufacturers focusing on reducing brake dust and tire particulates rather than engine emissions.
PSR Analysis: Paul Muller, Technical Sales Manager at Perkins, and Steve Nendick, Marketing Communications Director for Global and European Off-Highway at Cummins recently gave their thoughts on engine efficiency improvements with the overall message being these two companies are still pushing for improvements in diesel efficiency as a route to lower carbon emissions. PSR
Guy Youngs is Forecast & Adoption Leadat Power Systems Research
With the increasing penetration of the Compressed Natural Gas (CNG) network across India, many cities may transition from conventional diesel-powered vehicles to CNG for the last mile.
Liquefied Natural Gas (LNG) could be a favorable option for heavy and long hauls due to its higher energy density and hence a lower payload penalty and potential range, a lower carbon footprint/noise levels and its cryogenic temperatures which makes it a theft-proof fuel option.
At the same time, the use of HPDI (High-Pressure Direct Injection), a system that enables heavy–duty trucks to operate on natural gas with diesel- like performance would also aid in the switch to LNG.
Engines powered by gasoline and diesel fuel are reaching a critical point in production compared to electric and hybrid vehicles, according to reports in the April issue of Alternative Power Report. 2026 could be a critical year. Read about this trend and related articles that address alternative power in this issue.
Lawn mowers are produced in many designs and power sources and are designed to cut grass in lawns and public areas such as parks and golf courses. Robotic Mowers autonomously mow an area. Walk Behind Reel Mowers use blades set on a revolving cylinder or reel to cut grass. These mowers are powered either through human effort or engine power; when the reel mower is moved forward the reel moves, cutting the grass.
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
Unlike On-Road Trucks, Off-Highway Trucks are specifically designed to work in punishing environments and are made to haul material and debris around a work site. These purpose-built vehicles are not constrained by the weight limits of their smaller on-road counterparts.
Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases. It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
Making the switch from diesel powered machines to a low carbon option is not as simple as some would argue. Switching to electric has drawbacks such as their modest power density, which currently holds back their ability to power heavy equipment for a full working day. Cost is another important consideration.
So, what about HVO (Hydrotreated Vegetable Oil)? HVO, which is of particular interest to many equipment manufacturers, is obtained from cooking oil waste, grease and fat residues, waste fats and vegetable oil. The manufacture and use of HVO is nearly climate-neutral when only renewable energy sources are used in the production process. The problem with this fuel is its availability.
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.
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.
PSRAnalysis: 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
Under Maruti’s 3.0 Strategy, the company proposes to expand annual capacity by 2 million units within nine years, and it plans to feature 28 distinct models by 2031. The automaker aims to reach an annual production volume of more than 4 million vehicles by 2031. Of this total, approximately 15% (about 600,000 units) will be electric vehicles (EVs), and about 1 million will be hybrid units.
This represents a substantial 75% surge from the current production capacity of 2.25 million units.
Foreseeing a threefold increase in export volume to 750,000 units by FY31, Maruti intends to allocate 3.2 million units for the domestic market. The company envisions hybrids and EVs comprising approximately 40% of this portion, translating to over 1.2 million units.
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