Global

  • Brazil Truck Production Grows Significantly

    BRAZIL/SOUTH AMERICA REPORT 

    Brazil truck production reached almost 64,40 units in the first half of this year, an increase of 36.5% over the same period in 2023

    In June, 12,200 trucks were manufactured, a 74.1% increase compared to the same period last year.

    Heavy truck sales also grew. In the first six months of this year, 56,800 trucks were sold, an increase of 8%. Last month, 10,000 trucks were sold, a 26.6% increase compared to June 2023.

    Source: Automotive Business    Read The A…

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  • Hitachi Demonstrates Ultra-Large Electric Dump Truck

    JAPAN REPORT

    By Akihiro Komuro, Research Analyst, Far East and Southeast Asia

    Akihiro Komuro
    Akihiro Komuro

    Hitachi Construction Machinery said it is demonstrating a rechargeable all-electric dump truck at a mine in Zambia. It’s the world’s first demonstration of an ultra-large machine with a payload capacity of 200 tons.

    Operating conditions and battery life will be verified over a one-year period. The original plan was to have the system in operation by the end of 2024, but the company now plans to launch it in 2025 or later.

    The overhead wires will be installed along the mine’s route and the battery will be recharged as it travels along the route. This system allows for more efficient operation than recharging at stops. The batteries mounted on the vehicle body will also be lighter, increasing the payload capacity of the dump truck.

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  • LG, Hyundai Open Indonesia EV Battery Plant

    SOUTH KOREA REPORT

    South Korean battery giants LG Energy Solutions and Hyundai Motor have opened their first battery plant in Indonesia. The plant will produce batteries for electric vehicles to be sold locally and in neighboring countries. Indonesian President Joko made the announcement at a ceremony held July 3 in the Karawang region near the capital, Jakarta, to mark the opening of the new plant.

    The investment is $1.2 billion, split 50-50 between LG Energy and Hyundai Motor. The annual battery…

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  • Chinese Joint Venture Begins Mississippi Battery Plant

    CHINA REPORT
    Jack Hao
    Jack Hao

    ACT Company (AMPLIFY CELL TECHNOLOGIES LLC ), a Chinese a joint venture company, has broken ground for a battery production plant in Mississippi.

    ACT Company was established by EVE Energy’s wholly owned subsidiary EVE Energy US, Cummins, Daimler Trucks, and Paccar. The joint venture will produce prismatic lithium iron phosphate batteries, mainly for designated North American commercial vehicle applications. It will have an annual production capacity of about 21GWh and will provide more than 2,000 local jobs.

    The project is expected to start shipping in 2026, and the three foreign enterprises and their affiliates will become the main customers, purchasing most of the products from the factory.

    ACT Company is the first project of EVE Energy’s CLS model, aiming to enhance the flexibility and competitiveness in the global cooperation process, and to work with more partners to jointly promote sustainable development. The successful beginning of this project marks the entry of EVE Energy into a new stage of global development.

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  • Honda To Cut Thai Car Production

    THAILAND REPORT
    Akihiro Komuro
    Akihiro Komuro

    Honda said it plans to integrate its two automotive manufacturing plants in Thailand by 2025. The move will cut annual production capacity in Thailand by 50% to 270,000 units.

    Production at the Ayutthaya plant will be discontinued and consolidated at the Prachinburi plant in central Thailand. The Ayutthaya plant has an annual production capacity of 150,000 units. Honda's total production capacity in Thailand is 270,000 units, but there was a surplus of 147,000 units in…

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  • Bajaj, TVS Enter CNG Two-Wheeler Market

    INDIA REPORT
    Aditya Kondejkar


    Bajaj Auto has recently launched the Freedom 125, the world’s first CNG-powered two-wheeler, generating significant buzz in the Indian market. This innovative move has boosted Bajaj’s market position and also inspired other manufacturers, like TVS, to explore CNG options.

    The Freedom 125, priced between Rs 95,000 and Rs 1.10 lakh, offers an impressive CNG mileage of 102 km/kg, which appeals to environmentally conscious consumers and those looking for cost-effective fuel alternatives.

    Source: CNBCTV18:    Read The Article

    TVS Motor Company is set to follow Bajaj’s lead by developing the Jupiter 125, which will be the first scooter to feature a factory-fitted CNG (compressed natural gas) kit. Slated for launch early next year, the Jupiter 125 is aimed to compete directly with Bajaj’s Freedom 125, offering similar pricing and dual fuel options.

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  • 2024 North America Scooter Production

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    DATAPOINT REPORT

    175,300 units is the estimate by Power Systems Research of the number of Scooters expected to be produced in North America in 2024.

    Scooters/Minibikes/Mopeds are motorized 2-wheeled vehicles used primarily for recreation, although they are used for primary transportation in many cases.

    It’s important to note that Go-Ped manufactures stand-on scooters. 

    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

  • European Batteries Could Be 60% Less Carbon Intensive Than Chinese

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    Moving the EV supply chain to Europe would cut the emissions of producing a battery by 37% compared to a China-controlled supply chain, according to new analysis by lobbying  group Transport & Environment (T&E). This carbon saving rises to over 60% when renewable electricity is used.

    Securing other parts of the battery value chain will be even more challenging given China’s dominance and the EU’s limited expertise. The report finds Europe has the potential to manufacture 56% of its demand for cathodes – the battery’s most valuable components – by 2030, but only two plants have started commercial operations so far.

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  • Diesel Demand Hits 26-Year Low

    US diesel demand plummeted to its lowest seasonal level in 26 years in Q1 2024. The production of distillate, the petroleum-based fuel that powers trucking, heating, and heavy industry, plunged to 3.67 million barrels per day in March (down from more 4.1 million barrels last year) according to monthly data from the US Energy Information Administration.

    Even in diesel-loving Europe, the diesel engine is dying. Volvo, for example, recently built its last-ever diesel vehicle, and companies like Nissan, Hyundai, and Daimler (parent company of Mercedes-Benz and the Freightliner and Rizon truck brands) have also backed away from developing new internal combustion engines.

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  • North America and Europe MHCV Alternative Power Update

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    Chris Fisher
    Chris Fisher

    As the governments of Europe and North America (U.S. and Canada) continue to push for a transition from fossil fuel powered vehicles to zero-emission vehicles, a number of significant barriers to adoption will continue to hamper this initiative.  

    Significant barriers to adoption of zero-emission vehicles include the total cost of vehicle ownership, a lack of charging and grid infrastructure, truck resale values and duty cycle issues.  The primary types of alternative propulsion that are in focus include Battery Electric, Hydrogen Fuel Cell and Hydrogen ICE engines and to a lesser degree, Natural Gas and Biodiesel ICE engines. The vast majority of the medium and heavy commercial vehicle industry support the transition to zero-emission vehicles but the short timeline for implementation is causing great concern throughout the industry.

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