Far East

  • New System To Be Established for Rating of Ship Fuel Efficiency

    Akihiro Komuro
    Akihiro Komuro

    A new international system for rating the fuel efficiency of ocean-going vessels will be established under Japanese leadership, it has been announced. A draft amendment to the relevant treaty will be adopted at an international conference in June, and the system is expected to be introduced in 2023.

    The fuel efficiency rating system will be applied to large ocean-going vessels such as container ships, oil tankers, and cruise ships. Once a year, ship owners and operators will submit fuel efficiency data to the government where the ship is registered and rate it on a five-point scale (A-E). CO2 emissions are converted from the distance traveled, the weight of the ship, and the amount of fuel consumed and compared. The lowest E, or three consecutive D’s, will require the owner to submit an improvement plan to the government where the ship is registered. They are required to add devices to improve fuel efficiency or reduce the speed at which they sail. If the ship cannot be improved, it will not be allowed to sail.

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  • China-led Proton Is Revitalized

    Akihiro Komuro
    Akihiro Komuro

    Sales of Malaysia’s national carmaker Proton are booming, with its market share in the country reaching 27.3 % in February, hot on the heels of another national carmaker, Produa’s 38.8 %. This is not a single month irregularity; for the full year 2020, the rate is 20.5%. For the full year 2020, the share is 20.5%, almost doubling in just two years from a record low of 10.8% in 2018. This is the first time in seven years that the market share has recovered to the 20% level.

    The turning point of the turnaround offensive was a capital/business alliance with a Chinese manufacturer: in September 2017, the company accepted a 49.9% stake from Geely Automobile’s parent company and began importing the right-hand drive version of the X70 SUV, which it produces and sells in China, at the end of 2018. As soon as this became a hit, the company switched to domestic assembly in Malaysia at the end of 2019, and introduced an additional small SUV, the X50, in September 2020.

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  • Hyundai Group Seals Doosan Infracore Deal

    Media outlets in Korea are reporting that Hyundai Heavy Industries is to acquire a 34.97% share in Doosan Infracore from Doosan Heavy Industries & Construction for €630 million (Korean Won 850 billion). Doosan Infracore is the heavy construction division of the Seoul-headquartered Doosan Group.

    The transaction does not include Doosan Bobcat, which accounted for 57% of Infracore’s 2019 revenues. The deal will mean that Hyundai will own Hyundai Construction Equipment as well as the Doosan Infracore…

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  • Japanese OEMs Agree on Battery Specs for Electric Motorcycles

    Four Japanese motorcycle manufacturers, Honda, Yamaha, Suzuki and Kawasaki, said they have agreed to share the same battery specifications for electric motorcycles. By sharing the same removable replacement battery, they will increase convenience. The battery charger to be developed in the future will also be standardized.

    For small scooters, it is difficult to increase the size of the battery to extend the cruising range due to the small size of the vehicle, and thus the frequency of recharging is…

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  • Komatsu Targets CO2 Zero Emissions by 2050

    Komatsu is aiming to reduce its CO2 emissions to virtually zero by 2050. The goal is to reduce CO2 emissions to zero not only from its own production of construction equipment, but also from the use of construction equipment by its customers. The company aims to achieve this goal by promoting the electrification of construction equipment, improving fuel efficiency, and encouraging customers to use their construction equipment more efficiently, etc.

    The company will respond to the fact that ESG (Environmental, Social and Corporate Governance) investors are emphasizing the reduction of emissions, including those of customers.

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  • Hyundai To Custom Design EVs for each Customer

    South Korea’s Hyundai Motor Group is launching a new business to produce EVs to order, according to customer preferences. It is designed to be used for corporate purposes such as delivery and car sharing, and the body design and loading capacity can be flexibly changed to suit the intended use.

    The company will take advantage of the characteristics of EVs, which have a higher degree of freedom in design than gasoline vehicles. The company will also introduce a business model that does not involve mass production to accelerate the growth of its EV business.

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  • Hyundai and Apple in Talks To Develop Self-Driving EVs

    Hyundai Motor and Apple are negotiating a partnership in the field of self-driving EVs, reports the Korean newspaper Korea IT News. Other media reported that Hyundai and Apple are aiming to launch a self-driving EV in 2027. Soon after this report, Hyundai announced that it was in early stage talks with Apple. (The above is excerpted from Newsweek)

    Hyundai is playing a central role in the Apollo Project, the self-driving EV strategy of Chinese IT giant Baidu and is also actively mass-producing EVs.

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  • Hyundai’s Unmanned Cargo Plane Concept Aims for 2026

    Akihiro Komuro
    Akihiro Komuro

    Hyundai Motor Co. has begun developing an unmanned aircraft for cargo transport and has announced the concept of “air cargo” to be commercialized in 2026. The company is already developing a personal aerial vehicle (PAV) that will be responsible for moving people around in urban areas, and this technology will be applied to cargo transport aircraft. It is envisioned as a transport aircraft that will carry more cargo than drones carrying small cargo.

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  • Kawasaki To Spin Off Motorcycle and Engine Business

    Kawasaki Heavy Industries said it will spin off its motorcycle and engine business in April 2021. The business is the only B2C business in KHI.  By spinning off the business, the company aims to speed up decision-making and offer new products and services for consumers.

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  • Kawasaki Receives Order for First Electric Tanker

    Akihiro Komuro
    Akihiro Komuro

    Kawasaki Heavy Industries says it has been awarded a contract to design an electric propulsion system for the world’s first electric tanker. Two shipbuilders in Shikoku will build the two vessels, with the first one to be completed by March 2023. It is about 60 meters long and has a gross tonnage of 499 tons.

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