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Deutz and Rolls Royce Engine Deal Approved
EUROPE REPORT
Emiliano Marzoli DEUTZ and Rolls-Royce’s Power Systems division have completed the transaction for DEUTZ to take over the sales and service activities for various Daimler Truck industrial engines. The transaction relates specifically to engines with displacements from 5 to 16 litres and power output of up to 480 kW.
Under the completed transaction, DEUTZ will take over distribution of the MTU Classic model series and the MTU 1000 to 1500 engine series, which are based on three Daimler Truck engine platforms. These engines are used in a range of off-highway applications, mainly in the agricultural machinery and construction equipment sectors.
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Maersk Continues Investments in Fleet Decarbonization
Natasa Mulahalilovic The Danish A.P. Moller & Maersk, the second largest container shipping company in the world, has set a goal to reach zero-emission container shipping by 2040. The Maersk ambitious objective is much advanced compared to the global shipping industry objective to meet net-zero carbon emissions by 2050 to fight against 3% of the global greenhouse emission that they are responsible for.
The program initiated in 2021 aims to renew the fleet of 707 container ships, 304 owned and 403 long-time-chartered, with dual-fuel vessels and propulsion systems. Contracts with different partners and suppliers are in the process of being signed. The giant has chosen to combine methanol and liquified gas bio-LNG for the propulsion systems of its renewed green fleet. The exact split of propulsion technologies will be determined over time considering the latest regulatory requirements and green fuels supply.
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Marcopolo Volare Unveils Hybrid Ethanol 1.0 Micro Bus
BRAZIL/SOUTH AMERICA REPORT
Fabio Ferraresi During Latbus 2024 in São Paulo, Volare unveiled its Attack 9 HVE, Brazil’s pioneering ethanol hybrid minibus. The project is being developed by Volare, a division of the Marcopolo group, in collaboration with Horse and WEG. Although presented in 2024, the official market release is scheduled for 2026.
The vehicle is powered by a 1.0-liter, three-cylinder ethanol engine supplied by Horse, which also functions as an electric generator. This generator supplies energy to recharge the batteries of WEG’s electric drive system. The internal combustion engine operates for only one-third of the vehicle’s total operational time, maintaining an optimal rotational speed of approximately 3,000 rpm.
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Brazil Heavy Duty Trailer Sales Remain High
The Brazil Heavy Trailers sector continues its upward trend in registration, with a 5.6% increase in sales during the first seven months of the year, compared to the same period in 2023.
According to data from the National Association of Road Implements Manufacturers (Anfir), 89,880 units were registered between January and July.
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Iseki To Move Production To Indonesia
JAPAN REPORT
Akihiro Komuro Iseki will produce 90% of its products for overseas markets, mainly Europe and the United States, in Indonesia by 2030. The company will gradually transfer the production of tractors and other products for overseas markets that have been handled domestically and will use the consolidation of production as an opportunity to review product design.
In Japan, the market for agricultural machinery is shrinking, and it is difficult to secure human resources. The company will strengthen the position of its production base in Indonesia to expand its overseas business, particularly in Europe and the United States.
The production capacity of the local plant increased to 22,000 units in 2023, a 20% increase over the previous capacity. At present, the production transfer is about 60% complete.
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Indonesia Moves To Reduce Chinese Ownership of Nickel Projects
INDONESIA REPORT
Akihiro Komuro Indonesia is trying to reduce Chinese investment in new nickel mining and smelting operations in order to qualify for U.S. tax incentives. Under the Biden administration’s Inflation-Reduction Act (IRA), large tax incentives will apply after 2025. However, it does not apply to batteries sourced from “foreign entities of concern,” such as companies in which Chinese capital holds more than 25% of the shares, or to EVs that use nickel or other key minerals. Indonesia’s nickel industry will be hit hard by these conditions. This is because the country has been the world’s largest producer of nickel for the past four years, thanks to a large influx of Chinese capital into its mining and smelting operations.
According to three people familiar with the matter, the Indonesian government and the nickel industry are working on new investment projects in which Chinese companies will have a smaller stake. It is possible that the nickel supplied through these deals will be eligible for tax benefits under the IRA. However, in order for the Indonesian nickel industry to receive tax benefits, it will also need to negotiate a trade agreement with the United States. The Indonesian side is proposing an agreement limited to critical minerals.
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2024 Personal Watercraft Production
Download PDFDataPoint Report
Jet Drive Boats are boats propelled by a jet of water ejected from the back of the craft; they have no propeller and can maneuver in shallow water. PWCs are also driven by jet water and come in several styles: Stand-Ups or Sit-Downs. They are often referred to as jet skis. Sit Downs are designed for one, two or three persons in a sitting position, one in front of the other. PWC Stand-Ups are designed for one rider standing or kneeling on the watercraft.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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2024 Motorcycle Production
Download PDFDATAPOINT REPORT
On-Road Motorcycles or Street Bikes are motorized two-wheeled vehicles that are street legal for sport and leisure activities. They include features such as headlights, brake lights and turn signals.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
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Canada Considers Tariffs on Chinese EVs Similar To US and EU Moves
ALTERNATIVE POWER REPORT
Guy Youngs The Canadian government is preparing tariffs on Chinese-made EVs to align with the US and European Union, which have already proposed heavy duties to deter “unfair” competition imported from overseas
The country holds strong ties with the US and EU and looks to align with its trade partners in solidarity while blocking a potential loophole China could use to enter North America.
Source: Electrek: Read The Article
PSR Analysis: Canada is still in the early stages…
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