BorgWarner said it will start producing battery systems for electric vehicles in Piracicaba-SP, Brazil, by Q1 2023 with declared annual capacity of 1,000 electric units.
The plant in Piracicaba formerly belonged to Delphi and was acquired by BorgWarner in 2020. The plant will receive a production line from Akasol, another company acquired by BorgWarner.
Read the expanded December 20222 Alternative Power Report produced by PSR’s Guy Youngs and other analysts at Power Systems Research. This month’s report includes articles on increased battery production in the US., Tesla’s plans for a recycling plant in Texas, increased merger activity in the EV Light/Medium commercial vehicle segment and new power sources being developed for cargo ships.
3,800 units is the estimate by Power Systems Research of the number of Terminal Tractors to be produced in North America (United States) in 2022. Terminal Tractors are specialized heavy duty vehicles designed to move loads at container ports and container terminals. Generally, they are slow moving (under 30km/h) and employ a high torque diesel engine and 4×4 wheel drive which enables them to move very heavy trailer loads, sometimes up to 200 or 300 tons. PSR
Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to the previous year.
Revenues totaled EUR 132,38 million, an increase of 22.8% compared to the previous fiscal year. But, at the same time, costs of materials increased 40.7%, personal expenses climbed 22% and other operating costs increased 58%. All this led to a net loss higher by 130.5% compared to the previous fiscal year.
The recent Covid-19 shutdown and worker absenteeism heavily impacted the finances of the group for fiscal year 2021/2022.
HanseYacht Group said it will not exhibit this year at BOOT, the biggest indoor pleasure boat trade show held in Dusseldorf, Germany.
Hydrogen ICE vehicles offer an alternative to traditional gasoline and diesel-powered vehicles and have the potential to reduce emissions and reliance on fossil fuels. These vehicles are becoming increasingly popular and more automakers are starting to offer hydrogen-powered options in their vehicle lineups.
The new HB20 auto landed in Colombia with new body but is powered by an old engine. Hyundai Motor Brazil started exporting the new face lifted compact with an engine that the hatchback no longer fits versions running in Brazil.
The Colombian version is exported with the 1.6 16V aspirated Gamma engine.
The global motorcycle market is growing at a healthy CAGR of 5.48%, according to Power Systems Research. Revenue for 2021 was approximately $107.1 Billion and projected to be $146.6 Billion by 2030.
Growth during this period is primarily due to increasing demand from China, India, and ASEAN countries. In addition, growth in traditional markets such as Europe and North America is also anticipated.
The growth of drivers for the Motorcycle industry come from the requirement for cost-effective private transportation among people around the world.
Brazilian WEG has announced plans for a new 6,000 m2 plant in Jaraguá do Sul, Santa Catarina, Brazil, to produce battery packs for EVs. With the investment, the annual capacity will be 1 GWh in battery packs. WEG plans a highly automated plant, with 140 direct employees; WEG’s timeline calls for completion of the plant in 1H 2024.
Source: Automotive Business Read The Article
PSR Analysis: WEG aims to supply EV production for OEMs located in Brazil. With strong background in drives and industrial electrical components, WEG could be a natural selection for many OEMs in Brazil. PSR
Fabio Ferraresi is Director of Business Development-South America for Power Systems Research
This article includes an important graph showing vehicle production numbers between 2015 and 2026, (projected for 2023–2026) which are based on historic BEV growth data and trends. Hybrids are lumped in with ICE cars and are shown as a preference over full BEVs which is clear in the data.
The chart shows that the overall auto industry has declined from its peak in 2017–due to the pandemic and chip shortage–before it started to recover in 2021. This chart/model is conservative in predicting industry growth at 1.6% y/y going forward and BEV growth at 50% for 2023 (average BEV growth was 57% for the past 7 years)
Volvo plans to test trucks fueled by vegetable origin LNG, gas in liquid form. According to the president of Volvo Trucks in Latin America, Wilson Lirmann, gas from renewable waste makes more sense in the transport operation because it contributes to nullifying the emission of CO2 in the fleet of commercial vehicles.
In this sense, the brand should soon bring LNG-powered trucks to the region. Brazil is a focus market, but possibly these trucks will debut in other South America countries. That’s because the infrastructure is still under development in Brazil. Although Lirmann does not say which countries in the region will receive the brand’s first gas trucks, it is known that Argentina and Chile already have more developed technology and infrastructure.
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