Global

  • DATAPOINT: NA Scooters, 2021 Production, 431,900

    431,900 units is the estimate by Power Systems Research of the number of Scooters to be produced in North America (Mexico and the U.S.) in 2021.

    This 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.

    Market Share: Dominating the NA market for Scooter production is Mexico-based Italika with 89% of total units produced.  In second position is Honda-Mexico with 11%; third is US-based Go-Ped with 178 units.

    Trends: 2020 production of Scooters in NA increased 10.5% over 2019 production despite Covid-19 uncertainties.  It is expected that production will gain an additional 4% from 2020 to 2021. 

    Honda reported record low production in 2020, when it posted the sharpest decline in its 72-year history, declining by more than 5 million sales globally or 24.4%.   Italika rallied after a bleak start to boost total production for the segment.  Italika was founded in 2005 as a new emerging motorcycles manufacturer headquartered in Toluca, Mexico.

    Increased demand for efficient and eco-friendly vehicles–along with the threat of rising gas prices–will boost the electric scooter market.  Not only are scooters convenient and offer independence, but they also make for faster commutes as opposed to using other modes of transportation; electric models are also extremely popular.  Expect production of scooters to increase 15% by 2025.   PSR

    Carol Turner is Senior Analyst, Global Operations, for Power Systems Research

  • Enhancements Made in MHV Segment Data

    Joe Zirnhelt
    Joe Zirnhelt

    As we move through the 2021 year, we at Power Systems Research are working to include enhancements within the data for our Medium and Heavy Vehicles segment that is available in OE Link™, CV Link™ and PartsLink™.

    We have added several new fields to increase the value of the data to users as they analyze and further segment the markets.  These enhancements, now available as of March 31, 2021,  include:

    OEM Assembly Information for Knockdown (Kit) Production. New fields including OEM Assembly Type (Kit vs. Full),  OEM Assembly Plant and OEM Assembly Country which will help in the analysis of OEMs involved in knockdown production (i.e. Kit) where initial production of the engine and chassis are different from the final OEM Country.

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  • Thuy Trinh Nguyen Wins $2,000 Scholarship from Power Systems Research

    Thuy Trinh Nguyen, a senior at Eagan High School, Eagan, Minnesota, is the recipient of the 2021 Power Systems Research $2,000 academic scholarship. This scholarship is awarded to a student who will be attending a four-year college with a career objective in Science, Technology, Engineering or Mathematics.

    She will use the scholarship to study biology and sociology (Pre-Med) at Harvard College.

    "My favorite subject," says Thuy, "is AP Physics–it not only taught me how to calculate my initial velocity,…

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  • Pandemic Reduces Moscow 2021 Oil and Gas Show

    Maxim Sakov
    Maxim Sakov

    MOSCOW–The recently-completed Neftegaz (the International Exhibition for Equipment and Technologies for Oil and Gas Industries) trade show held at the Moscow Expocenter was smaller than in the past. This fair is conducted every two years and is a largest local event in the oil and gas industry. This year’s fair was held April 26-29.

    It’s a small trade show, and it was even this year than in past years. The number of participants was down from 550 to about 400 companies representing 18 countries. The largest delegations (besides Russia itself) were presented by Germany and China. Germany has set national expositions on the fair.

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  • PSR-HDMA Present Webinar April 21, 2021

    Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed

    Erik Martin
    Erik Martin
    Chris Fisher
    Chris Fisher

    Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. 

    The presenters included:

    • Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
    • Erik Martin – Director, Asia Region, Power Systems Research
    • Richard Anderson – Director, Market Research & Analysis, HDMA

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  • Rosatom Eyes Battery Production for Electric Cars in 2025

    Maxim Sakov
    Maxim Sakov

    OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company.

    According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr

    The batteries will be installed in trucks, buses and special machines.

    Read The Article

    PSR Analysis: It’s important to notice that there are no passenger…

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  • Uralmash Sets Deal of US$ 322 Million with India

    Uralmash (a subsidiary of UZTM-Kartex) has signed its largest deal in the last 30 years. UZTM-Kartex and Coal India Ltd Binay Dayal have signed a contract totaling US$ 322 million for walking excavators, according to the company.

    Under the contract, the Uralmash plant will deliver five electric-powered walking excavators of increased power – ESH24.95 and will perform assembly of the equipment on the customer’s site. The OEM also will service machines for 11 years.

    Read The Article

    PSR Analysis: ESH24.95…

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  • Sales of Russian GAZ Trucks Started in Australia

    Local dealers have received all-terrain trucks Sadko Next built especially for the local market with altered steering wheel and pedals and with different optics.

    The AAV company from Brisbane has become a distributor of GAZ. The model has been introduced in local market under the name GAZ Track Master 4×4.

    Tech specs of the Australian version of the truck are identical to its Russian version. It has 4.4 liter turbo-diesel of 150hp. It works with 5-step manual transmission and a transfer case, operated…

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  • KAMAZ Net Profit Exceeds US$ 20 Million

    KAMAZ has reported a net profit of (more than US$ 20 million (1545 million Rubles) for 2020. KAMAZ reported revenue for 2020 of US$ 2.47 billion (185.8 billion Rubles), an increase of more than 16% over 2019. This growth is based on domestic truck sales, the introduction of the K5 range, and an increase in bus and electric bus sales.

    Despite the COVID pandemic, in 2020 KAMAZ secured positions in the market and has claimed the status of leading Russian heavy vehicles supplier. The company claims a…

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  • India Government Announces Scrappage Policy

    Aditya Kondejkar

    The central government in mid-April announced its long-awaited vehicle scrappage policy. Under the new policy, in case of failure to get a fitness certificate, commercial vehicles will be de-registered after 15 years. Private vehicles will be de-registered after 20 years if found unfit or in case of a failure to renew registration certificates

    Read The Article

    There are approximately 50 lakh vehicles in India that are older than 20 years, approximately 35 lakh vehicles older than 15 years, and approximately 15 lakh older than 15 years without renewed fitness certificate.

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