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Corolla Cross Produced in Brazil To Be Exported to 22 Countries
Fabio Ferraresi The new medium Toyota SUV produced in Indaiatuba-SP started production in March. Sales in Brazil were expected to start by March 25, but exports have already started. Currently, the Corolla sedan is exported to only five countries, but the new SUV will be sent to 22 countries across Latin America. However, exporting overseas seems unlikely due to logistics cost restrictions.
Source: Automotive Business Read The Article
PSR Analysis: The indexes of vehicles per…
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Jacto Announces New Plant in Brazil
Jacto has announced a new 96,000 m2 plant that it will build by 2023 in Pompeia-SP – Brazil, the same location where most of its operations are already located. Fernando Gonçalves Neto, Jacto President, says the new and modern facility will sustain forecasted growth for several years.
Source: M&T Magazine Read The Article
PSR Analysis: Jacto has been growing in importance with specialized products for high caliber agriculture in Brazil with sprayers, harvesters, and seeders.…
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Foton Announces Electric Truck in Brazil
After adding 28 Ford dealers to bring its dealer total in Brazil to 38 dealers, the Chinese giant is preparing to introduce an EV to i its new lineup in H2 2021. It plans to add trucks in the 17 ton – 24 ton range for 2022, the most popular in Brazil. In addition to the EV and Diesel Trucks, Foton will evaluate the potential for a CNG Trucks for launch after the EV, but it has shorter term potential for higher volumes.
Source: O Estado de São Paulo Read The Article
PSR…
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100% Green Hydrogen Powered Ferry Planned by 2027
Natasa Mulahalilovic The European Union’s private and public sectors are working hard on developing projects that could accelerate the transition from the fossil fuel powered to the zero-emission shipping.
One of the leading joint efforts is the project created by Danish ferry operator DFDS, Swiss-Sweden giant ABB, Danish fuel cell manufacturer Ballard Power Systems Europe, the global leader in zero-emission e-mobility Hexagon Purus, wind power generator Orsted, Lloyds Register and Danish Ship Finance.
The project is designed to build a 100% green hydrogen powered ferry by 2027.
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Listen To New PSR PowerTALK Podcast
Now, you can listen to the leading analysts and editors from Power Systems Research discuss the outlook for powertrain news each Tuesday by region and by targeted industry segments on PSR PowerTALK Podcast.
PSR PowerTALK podcasts include Forecasts by PSR analysts, interviews by PSR analysts with industry leaders and production reports on specific applications produced by Carol Turner, Senior Analyst at Power Systems Research.
You can listen to the PowerTALK podcasts on your favorite podcast provider…
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Haval Recalls All F7 and F7x Cars
Maxim Sakov Haval Motor Manufacturing has recalled 16,075 cars F7/F7x, sold from May 2019 until January 2021. This affects about all the cars in the market.
A fuel system problem in some cars in low temperatures has caused several cars to catch fire in cold weather.
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KAMAZ Intends To Double Production of Electric Powered Buses
In 2020, NEFAZ, a subsidiary of KAMAZ, made 202 electric buses. In 2021, it plans to double the production of this innovative transport.
Today, in Moscow has 400 working KAMAZ electric buses, half of which were supplied during 2020. “We can make machine, which became tech leader on domestic market. We could enter Moscow passenger transport market. It changes the scale of the business and our respect to own product,” says KAMAZ general director Sergey Kogogin.
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Transmash-Holding Purchases Rolls-Royce Plant in Norway
TMH-international, the international division of TMX, has agreed to purchase the British Rolls-Royce Group engine plant in Bergen, Norway. The plant makes Bergen diesel and natural gas engines.
Bergen includes metal processing, assembling, precise casting, repair workshops, design bureau and service network in seven countries.
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Union Budget 2021 Misses Mark for Autos
Aditya Kondejkar The Union Budget 2021 is very important since it comes during an unprecedented pandemic. The most significant pain points of the economy are the lack of demand and liquidity. The shrinking market’s impact and the weak demand is evident after the Economic Survey said that the country would experience a current account surplus for the first time in 17 years.
The automotive industry is the key stakeholder of the country’s economy. It suffered extensive sluggishness in the past 10-12 quarters after introducing GST, the new safety norms, insurance regulations, axle, and emission norms. These led to a hefty increase in purchase costs. The industry was waiting for direct announcements to reduce purchase cost and improve customer sentiment
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Tesla Proposes Investment in Indonesia to Promote EV Industry
Akihiro Komuro The Indonesian government announced on Feb. 5 that it had received an investment proposal from Tesla. The country is the world’s largest producer of nickel, which is essential for the production of batteries for EVs. In order to promote the EV and battery related industries, Indonesia had invited Tesla to invest in the country.
Details of the talks between Indonesia and Tesla cannot be disclosed due to confidentiality agreements, but it is said that they have mainly discussed battery and energy storage solutions. The Indonesian vice-minister said, “If Tesla only wants to buy raw materials, we are not interested. The proposal is more than the procurement of raw materials and extends to energy storage systems such as MegaPack, PowerPack and Powerwall,” he said.
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