-
Tax Decision on Buses Is Reversed

Fabio Ferraresi The Brazilian federal government reversed the decision to resume the application of taxes affecting school buses acquired under the Caminho da Escola program, administered by the Fundo Nacional de Desenvolvimento da Educação (FNDE). The discussion involved the potential reintroduction of tax charges impacting the cost structure of buses supplied through the public procurement framework, particularly related to federal and state taxation such as IPI and ICMS, as well as uncertainty…
-
Indian Preet Plans Tractor Manufacturing Plant
Preet, an Indian agricultural machinery manufacturer, has announced plans to establish a tractor production facility in Brazil, in a move to strengthen its presence in the South American agricultural equipment market. The project involves local assembly operations designed to increase market proximity, reduce logistics costs and improve competitiveness in segments typically dominated by established global OEMs.
The investment reflects a strategy to expand the company’s manufacturing footprint in regions with strong demand for agricultural mechanization, particularly in medium-horsepower tractor categories.
-
Selic Interest Rate Cut Has Limited Impact
The initial reduction in Brazil’s benchmark interest rate (Selic) is expected to have limited short-term impact on the automotive sector, according to industry assessments. Despite the start of a monetary easing cycle, financing conditions remain restrictive, with credit costs still elevated compared to historical averages.
-
VWCO Tests B100 Soybean Biodiesel
Volkswagen Caminhões e Ônibus (VWCO) is conducting tests using B100 soybean-based biodiesel in heavy-duty diesel engines as part of its efforts to evaluate lower-carbon fuel alternatives compatible with existing internal combustion engine (ICE) platforms. The tests aim to assess engine performance, durability and emissions behavior using 100% biodiesel without fossil diesel blending.
-
GAC Plans Vehicle Production in Brazil
Chinese automaker GAC has announced plans to establish vehicle production in Brazil as part of its strategy to expand its presence in Latin America. The initiative involves local manufacturing operations aimed at improving cost competitiveness, mitigating import tariffs and enabling greater alignment with local regulatory and market requirements. The company has been advancing its global expansion strategy with a portfolio that includes internal combustion engine (ICE), hybrid and battery electric vehicle (BEV) powertrains. Local production is expected to support supply chain development and improve access to financing mechanisms tied to domestic manufacturing, while strengthening the brand’s positioning in one of the region’s largest automotive markets.
-
Yanmar To Build Plant for Marine Hydrogen Engines

Akihiro Komuro Yanmar Power Solutions is advancing the development of engines that are compatible with next-generation fuels. In anticipation of future increased production volumes of marine and land-based engines, the company has acquired a site in Amagasaki City, Hyogo Prefecture.
The new plant will be used to conduct test runs of marine hydrogen engines and to reorganize and strengthen production capabilities, including those of existing plants. The new plant is scheduled to begin operations about March 2029.
In the marine industry, there are ongoing efforts to develop and commercialize decarbonization technologies with the aim of achieving carbon neutrality by 2050. Leveraging its expertise in engine development and production, Yanmar Power Solutions plans to develop powertrains compatible with next-generation fuels, including hydrogen, methanol and ammonia, and establish production systems to support them.
-
HD Construction Introduces Electric Safety Training
SOUTH KOREAREPORT
In response to the growing adoption of electric construction equipment, HD Construction Equipment has introduced South Korea’s first safety management certification system for high-voltage systems. The system is designed to educate specialists in maintaining and inspecting high-voltage batteries and electrical systems in electric excavators and other machinery.
Recognizing that the expansion of electric construction equipment requires addressing safety risks that differ from those…
-
Power Shortages Boost Reliance on Generators

Akihiro Komuro Amid rising demand during the dry season and the risk of power plant outages, concerns are mounting in the Philippines over tight electricity supplies. The Energy Regulatory Commission (ERC) has noted that prices on the Wholesale Electricity Supply Market (WESM) could increase by approximately 4 pesos per kWh.
This increase is due to a combination of factors, including high temperatures, the shutdown of some power plants, and rising fuel costs.
These conditions are also causing instability in the power supply at the regional level. For instance, Boracay’s supply capacity has not kept pace with the surge in electricity demand fueled by the tourism recovery, prompting the use of generators in some areas. Although transmission operators aim to avoid power outages through future infrastructure improvements, reliance on backup power sources continues to some extent.
-
Zhangxue Demonstrates Strength of “Made in China”

Jack Hao China’s Zhangxue Motorcycles team emerged as a dark horse in the 2026 FIM Super-bike World Championship (WSBK) Portuguese Round last month with its independently developed 820RR-RS race machine clinching back-to-back victories in both World SSP class races, dominating the field by 3.685 seconds.
This triumph marked the first-ever championship title for a Chinese motorcycle brand in this premier competition and also shattered the 29-year monopoly held by European, American, and Japanese manufacturers since the class’s inception in 1997.
Observers noted that this outcome demonstrates the rapid growth and technological breakthroughs of China’s motorcycle industry.
Some industry insiders believe that this breakthrough shattered the long-standing monopoly of European, American, and Japanese brands in this competition, and also signals that China’s motorcycle industry now can compete head-to-head with the world’s premier brands.
-
Ashok Leyland Takes Major Step Toward EV Leadership

Aditya Kondejkar Ashok Leyland’s move to develop and assemble its own battery packs marks one of its most strategically significant announcements in recent years. As India transitions toward a cleaner, multi-fuel commercial mobility ecosystem, this decision places the company at the center of the country’s electric commercial vehicle (ECV) transformation. The implications extend across technology, cost structure, competitive positioning, and long-term industry dominance.
At the core, battery packs account for 35–45% of an electric vehicle’s total cost, making them the single most influential factor in pricing and margins. By internalizing battery pack development, Ashok Leyland is aiming to break its dependence on third-party suppliers, reduce bill-of-materials cost, and secure tighter control over the EV value chain. This is crucial as global cell prices fluctuate and supply chains remain vulnerable to geopolitical shifts. In-house pack assembly gives the company cost stability, greater design flexibility, and freedom to optimize packs specifically for Indian duty cycles—ranging from stop-and-go urban e-buses to long-haul e-LCVs and future heavy-duty platforms.
OE Link™ Offers
Model Level
Detail
Discover how our OE Link™ database can help you expand your markets.
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
OE Link™ Offers
Model Detail by
Segment
OE Link™ database delivers OEM products in 13 industry segments, including Agricultural, Construction, Industrial, and Commercial Vehicles.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
DataPoint Reports
- North America 2026 Hydroseeders Production
- North America 2026 ATV Production
- North America 2026 Crawler Production
- North America Aerators Production
OE Link™ Offers
Global
Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Show Reports
- CONEXPO – Summary Report
- CONEXPO 2026 Shows Hybrid Power Gear
- South America Paving Expo 2025 Sets Records
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe