Global

  • Firms Develop Hydrogen-Powered Generator

    FAR EAST: JAPAN REPORT
    Akihiro Komuro
    Akihiro Komuro

    Komatsu, Hitachi, and Denyo announced the commercialization of a gen-set that uses a mixture of hydrogen and light oil as fuel. It is possible to mix up to 50% hydrogen, which does not emit CO2 when burned, and CO2 emissions can be reduced by 50%.

    The first unit will be installed at Komatsu’s Oyama Plant, with full operation scheduled for the end of September. Hitachi will serve as the point of contact for the system, which will be marketed to a wide range of external customers.

    The system can mix up to 50% hydrogen with diesel engines that use diesel oil. The power output is 250 kW. Komatsu and Hitachi provided the fuel injection control technology and the function to safely stop the engine in case of abnormal combustion, respectively, and Denyo assembled them into the generator.

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  • Continued Growth Seen for Powersports Market

    Michael Aistrup

    The growing popularity of powersports is expected to provide many new opportunities ln this rapidly growing market. Some of the trends fueling this long-term growth potential are:

    Growing/changing market for utility-terrain vehicles (UTVs).

    • Technological advancements through improved durability and adaptability to UTV’s, ensure greater enjoyment for UTV riders.
    • Industry-leading companies will continue to focus on increased product range and rigorous R&D initiatives to strengthen their market standing.

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  • U.S. Economic Downturn this Year or Next?

    Jim Downey

    SUMMARY. As we are halfway through 2023, there is more uncertainty with the economy than earlier in the year. The general consensus is there will be a recession coming soon in the United States, and now it is just a matter of whether this will happen later in 2023 or the first of part of 2024.

    The latter may be more assumed recently. The stock market has not fallen, and the US economy has not entered a recession this year, 2023. Some of the factors that have prevented this are market investors being enthusiastic over AI (Artificial Intelligence) potential, the Federal Reserve’s pause in interest rate increases, and the slowdown of inflation. So seemingly the pause button has been hit on recession scenarios.

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  • VW Unveils Four EV Breakthroughs

    Guy Youngs
    Guy Youngs

    VW’s US Innovation Hub just announced four breakthroughs in electric mobility and sustainable transport. First, the team used artificial intelligence on University of Tennessee’s high-performance computer cluster to develop a modular structure in the shape of tiny pyramids; the structure can be 3D-printed from liquid resins and can hold 30K times its own 0.15 lb weight (68g), so this frame would be up to 60% lighter than the steel frame.

    Second, they have developed a method of using paper as a recyclable alternative to plastic parts and foils for EV interiors.

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  • New Machinery Requirements

    Christopher Bamforth
    Christopher Bamforth

    New Machinery requirements have been published for Europe and will replace the existing Machinery Directive Jan. 20, 2027. OEMs will have to be compliant with the new requirements on that day since there is no transition period.

    With a heavy focus on safety, the environment and machine learning, the main takeaways are that these are EU regulations. This means that manufacturers will not have to wait for each member state’s upgrade of the regulation into law. This may streamline the process although it could mean big changes for some member states that previously had fewer requirements.

    And there’s another important consideration. Since we have entered the digital age, all certifications and instructions can be in digital format. One exception is the non-professional machinery’s safety measures which must be included in paper format.

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  • Q2 2023 Economic Update Is Mostly Positive

    GLOBAL REPORT
    Guy Youngs
    Guy Youngs

    SUMMARY. There are several factors that could contribute to modest growth in the second half of this year as we await final numbers for the quarter. This should lead to total production globally growing at +2.6% in 2023 (vs 2022). Given this 2023 growth, the outlook for the years into 2028 remains positive.

    Apart from Russia and Ukraine, the main country to show a decline is South Korea, while Japan is barely positive. However, the segment picture shows some differences.

    • Fuel prices have eased recently, but they remain a serious concern.
    • Supply chains remain constrained.
    • The war in Ukraine shows no sign of a speedy conclusion, despite recent successes by Ukraine.
    • Ukrainian exports of wheat, other grains and fertilizer continue but are still low compared to pre-war levels.
    • Inflation continues to be a concern and central banks are raising their interest rates. This will pose a risk to economic growth in all regions. Inflation and price increases are putting OEMs in a tricky situation.
    • Risk of recession appears in several countries including the USA and Germany.
    • Covid is still lingering with global deaths now at over 6.9 million, but the death rate has slowed considerably.
    • Latent demand for machinery keeps bursting out into the open.

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  • VW Claims New Dry Battery Process Is Money-Saver

    Battery technology is constantly evolving as scientists, and vehicle and battery manufacturers seek to improve battery technology that will lead to less expensive electric cars with longer range and faster charging times. In the latest development, Volkswagen says it has come up with a new dry coating process that will allow it to lower the price of its electric cars by several hundred dollars. Dry coating reduces energy consumption in the production of battery cells by 30%, which could lower the cost of electric cars by several hundred dollars per vehicle.

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  • What Is the Future of Alternative Power?

    Guy Youngs
    Guy Youngs

    Making the switch from diesel powered machines to a low carbon option is not as simple as some would argue. Switching to electric has drawbacks such as their modest power density, which currently holds back their ability to power heavy equipment for a full working day. Cost is another important consideration.

    So, what about HVO (Hydrotreated Vegetable Oil)? HVO, which is of particular interest to many equipment manufacturers, is obtained from cooking oil waste, grease and fat residues, waste fats and vegetable oil. The manufacture and use of HVO is nearly climate-neutral when only renewable energy sources are used in the production process. The problem with this fuel is its availability.

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  • BYD Expands Production in Brazil

    BRAZIL/SOUTH AMERICA REPORT 
    Fabio Ferraresi
    Fabio Ferraresi

    BYD announced the installation of an industrial complex in Camaçari, Bahia. The largest manufacturer of electric vehicles in the world, the Asian giant will invest, in five years, about US$ 600 Million (R $ 3 Billion) in the installation of three factories at the Bahia complex, generating about 5,000 direct and indirect jobs. In addition to passenger vehicles, electric bus and truck chassis will be made on site, as well as a battery split.

    The company will take over Ford’s facilities. The deal, however, has not yet been officially announced. The Camaçari pole is the last factory that still belonged to the North American brand in Brazil. The automaker, which announced the end of its local production in 2021, has already sold its facilities in Taubaté (SP) and São Bernardo do Campo (SP).

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  • First VW Truck Produced in Argentina

    The first Volkswagen truck has just left the new exclusive area for the assembly of commercial vehicles of the Industrial Center of Córdoba, Argentina. The vehicle, a VW Delivery 11,180, will be used in the validation of the manufacturing process and for the training of employees. Then it will be part of the fleet that will run tests around the country. The agreement announced by Volkswagen Caminhões e Ônibus and Volkswagen Argentina in December 2022 provides for the manufacture of five models of…

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