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.

Hyundai Motor Sells Chongqing Plant in China

SOUTH KOREA REPORT

The company sold the plant to Chongqing Liangjiang New Area Yufu Industrial Park Construction and Investment Group, which is owned by the city of Chongqing, and its affiliate will use the plant as a production base for electric vehicles.

Hyundai Motor Company has sold its finished car plant in Chongqing, China, to a Chongqing government-owned company for 1.62 billion yuan (about 33 billion yen, $222 million) in December 2023. Hyundai Motor is rushing to restructure its Chinese business, which has suffered from sluggish sales, and concentrate its management resources in the U.S. and Southeast Asia.

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Van Hool Making Major Changes

Emiliano Marzoli
Emiliano Marzoli

At a special works council recently, bus manufacturer Van Hool announced over 1,100 jobs will be lost at the company between now and 2027. The redundancies and other job losses are part of the ‘Van Hool Recovery Plan’ the company is introducing to get the business back on track.

The largest number of job losses – about 830 – are planned for this year.  Bus production is now being moved to Macedonia, while trailers, industrial vehicles, R&D will remain in Flanders. 

Source:  VRT News.     Read The Article      Read This Article, Too

PSR Analysis:   Van Hool has struggled recently under the pressure of competition from Chinese manufacturers.  Even in the Flanders, home of Van Hool, Chinese bus manufacturer BYD was able to win a public tender for the supply of 300 electric urban busses.  The biggest advantage of Chinese companies is the know how and attractive price they can offer on battery powered busses.   In recent time, Van Hool has invested heavily in Fuel cells busses, but this move has not pay off. 

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Kubota Plans To Produce Batteries for EV AG Equipment

JAPAN REPORT

Kubota is considering in-house production of batteries for electric agricultural equipment. It is considering developing and designing its own batteries and building a new plant in Japan.

The company intends to launch electric tractors and mowers in Europe and the United States by 2030. Kubota is preparing for increased demand in Europe, the U.S., and other markets by establishing a system for in-house production of batteries, which determine the running time of electric agricultural machinery.

Kubota currently manufactures diesel engines for agricultural machinery, mainly in Thailand and Japan and ships them to the United States and Europe for final assembly. Regarding batteries, which are a key component of electric agricultural machinery, President Kitao said, “As with engines, we would like to be able to produce batteries for Asian markets in Thailand, and those for Japan, Europe, and the United States in Japan.”

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South Korea Plans World’s Largest Semiconductor Manufacturing Base

SOUTH KOREA REPORT
Akihiro Komuro
Akihiro Komuro

The South Korean government announced a plan for a semiconductor industrial park in which Samsung Electronics and SK Hynix will invest a total of 622 trillion won (approx. $470 Billion). With Japan and Taiwan aggressively investing in the semiconductor industry, the government aims to compete with them by establishing the world’s largest base and stabilizing the supply of semiconductors to Korea.

According to the plan announced by the government, Samsung Electronics and SK Hynix plan to invest 500 trillion won and 122 trillion won, respectively, by 2047. In addition to the existing 21 factories, 13 new semiconductor factories and 3 research facilities will be built. The semiconductor industrial park, which stretches from Pyeongtaek to Yongming, is expected to become the world’s largest manufacturing base with a monthly production capacity of 7.7 million wafers by 2030.

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Study Shows Plug-in Hybrids Aren’t as Clean as We Thought

A new report by the European Commission shows that plug-in hybrid electric vehicles create much more emissions than we previously thought – by an average of 3.5 times as much as lab testing indicates.

Plug-in hybrids (PHEVs) were thought to bring the best of both worlds – a large enough battery to take care of your daily tasks, paired with a gas engine for longer trips. There are downsides in cost and complexity, but the powertrain choice does provide more options than others.

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