Reports

  • PowerTALK™, December 2022

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    IN THIS ISSUE

    Lots of news on Alternative Power issues in the December edition of PowerTALK News from Guy Youngs and other analysts at Power Systems Research. In addition to Guy Young’s report on alternative power, don’t miss John Krezsicki’s podcast about Michigan University’s Solar Car research program, Tesla’s Lithium refinery project in Texas and Chris Fisher’s report on M&A activity in the Light/Medium EV segment. PSR

    • Alternative Power
      • Are There Enough Materials For Needed EVs?
      • Redwood To Supply Cathode Materials To Panasonic
      • Tesla Lithium Refinery Project Advances in Texas
      • Here’s What Container Ships Could Look Like by 2050
    • DataPoint: Terminal Tractors
    • North America:
      • More Acquisitions in Light/Medium EV Segment
      • U.S. Powersports Industry Grows in 2021
      • PSR Podcast: Michigan Solar Car Program  
    • Europe: Solaris Buses Purchases 25 Fuel Cell Engines
    • Brazil/South America:
      • Royal Enfield Starts Assembly Plant in Brazil
      • BorgWarner To Produce Vehicle Batteries in Brazil
      • John Deere Plans Construction Equipment Plant
    • China: 2023 EV Sales To Grow To 8.4 Million Units
    • Japan: Honda To Produce FCVs in the U.S.
    • South Korea: SK To Expand Supplies To Hyundai’s U.S. Plant
    • India: CV Production Nears Pre-covid Levels

  • DATAPOINT: North America Combines

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    Estimated 2022 Production: 7,400 Units

    7,400 units is the estimate by Power Systems Research of the number of Combines to be produced in North America (United States) in 2022.

  • FENATRAN 2022

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    The 23rd edition of FENATRAN, the International Road Cargo Transport Trade Show, brought together more than 500 brands in the exhibition pavilion of São Paulo Expo, Nov. 7-11, and generated total revenue of about USD 2 billion, more than USD 200 million than the last edition of FENATRAN, held in 2019. Power Systems Research representatives were at the show. Read there reports. PSR

  • Bauma 2022 Returns Smaller than 2019

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    After more than three years, BAUMA, one of the largest construction events in the world, reopened its doors for seven days in Munich Oct. 24. Power Systems Research (PSR) had a five-person team at the event, discussing trends with industry representatives, from new products and services to topics around the future evolution f sustainable technologies.

    The show was smaller than the last time it was held, in 2019. Close to 3,200 exhibitors from 60 countries (2019: 3,684 exhibitors from 63 countries) participated and more than 495,000 visitors from over 200 countries (2019: 627,603 visitors from more than 200 countries) came to Munich for the event.

    Bauma is the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment. International visitors made up about 50% of the attendance. That’s a change from 2019 when about two-thirds of visitors came from Germany.

    Power Systems Research had a team of analysts at bauma, looking at new products and talking with OEMs and suppliers about their development plans. Read their reports in the Bauma 2022 Show Report. PSR

  • Alternative Power Report, November 2022

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    Read news and analysis from PSR’s Guy Youngs about hydrogen power applications in the November issue of the Alternative Power report by Power Systems Research.

  • PowerTALK™, November 2022

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    IN THIS ISSUE

    Bauma 2022 was held in Munich this year during October, and Power Systems Research sent a team of analysts to the show to meet with exhibitors and attendees to discuss industry changes and to study new products. Read their complete report. Also in this issue is the expanded Alternative Power sources report prepared by Guy Youngs.

    • Alternative Power
      • JCB Unveils Mobile Hydrogen Refueller
      • Massive Hydrogen Fuel Truck To Help Decarbonize Mining Industry
      • 50-Ton Battery-Powered Electric Crane Introduced
      • World Needs To Mine 25× More Lithium By 2050
      • US Increases EV Battery Recycling Capacity
      • Penn State Offers Smaller, Faster Charging Batteries
      • Liebherr Leads Bauma Innovation Award Winners
    • Miners Cut CO2 Emissions by Switching To EVs
    • DataPoint: Utility Vehicles
    • Global Report: Powersports Market Expected To Exceed US$ 50 Billion
    • North America: Hydrogen Fuel Cell Truck News
    • Brazil/South America:
      • Foton Aumark Shuts Down Operations in Brazil
      • São Paulo Partners with ENEL To Replace Diesel Buses To BEV
    • Randon Acquires US Trailer Maker Hercules
    • Show Report: Bauma-Munich 2022
    • Japan: Semiconductor Development Companies Set Up
    • South Korea: Korean Electric Motorcycle Maker Builds Factory in Vietnam
    • SE Asia: New Vehicle Sales Increase 33% in September
    • India: Cheering Festive Season for Auto Industry

  • DATAPOINT: North America Utility Vehicles, 2022 Production: 432,700 Units

    432,700 units is the estimate by Power Systems Research of the number of Utility Vehicles to be produced in North America (United States, Canada and Mexico) in 2022.

    Four-wheel off-road Utility Vehicles with side-by-side seating are designed to be used in a variety of recreational, industrial and military applications. When equipped with dumpers, they are commonly used for landscaping, dumping and transporting light materials. Vehicles can be customized with enclosed cabs, tool racks, dumpers and more for use on college campuses, parks, corporate campuses and airports. Suppliers offer a wide variety of gas, electric and diesel utility vehicles.

    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.

    Exports: Canada, up to 90%; Mexico, up to 85% for NA markets, and US, up to 40% worldwide.

    Market Share:  With a combined plant total of 28%, Mexico/US based Polaris leads in production of Utility Vehicles in North America.  In second position is Deere with a combined plant total of 12%; third is Kubota with 11%.

    Trends: In 2021, annual production of Utility Vehicles in North America increased 2% and production is expected to gain another 5% in 2022.  The Covid-19 pandemic fed the demand for Utility Vehicles in recreational, industrial and military applications known as the “Pandemic Paradox” (sales surged during lockdowns). The popularity of outdoor activities increased during the lockdowns as people gravitated to the outdoors and away from indoor group activities. 

    The increases also were driven by low unemployment, demand for products in the golf industry, federal government incentives and the desire for new equipment/greener technology especially within the sport and utility sectors. 

    Side-by-Side units, also referred to as Utility Task Vehicle (UTV) models continue to grow in popularity and are edging out ATVs for preference because of their convenience and increased capacity. Most UTVs can accommodate up to six passengers and are primarily designed for off-road use.  Production is expected to increase up to 5% by 2025.  PSR

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

  • Alternative Power Report, October 2022

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    In the October issue of PSR’s Alternative Power Report, read about Ideanomics’ new quick charger, a new super fast rechargeable battery and a cost analysis of diesel vs. hydrogen power.

  • Power Systems Research Truck Production Index drops 13.7%

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    Global Truck Production REPORT

    St. Paul, MN (October 24, 2022)— The Power Systems Research Truck Production Index (PSR-TPI) dropped from 110 to 101, or 8.2%, for the three-month period ended September 30, 2022, from Q2 2022. The year-over-year (Q3 2021 to Q3 2022) loss for the PSR-TPI was, 117 to 101, or 13.7%.

    The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

    This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

    All Regions. Medium and heavy commercial vehicle production will be mixed this year due to a variety of issues.  In China, truck overcapacity continues to hinder demand while the Russian-Ukraine war is significantly impacting demand and production in Eastern Europe.  The global supply chain will remain a problem through at least the end of this year for all regions.  There is serious concern about a major slowdown in the North American and European economies as a direct result of higher fuel and energy prices and overall inflation which doesn’t appear to be going away anytime soon.

    Global Index. Global medium and heavy vehicle production is expected to decline by 13% this year primarily due to a significant drop in heavy truck demand in China.  A slowing global economy along with continued supply chain disruptions will continue to place pressure on demand moving forward.

    North America. Medium and heavy commercial vehicle production is expected to increase by 9.3% this year over 2021 as the OEMs continue to struggle with the supply chain disruption that is expected to continue well into next year.   Freight demand continues to remain healthy but is expected to cool as the economy in general slows down primarily due to high inflation and energy costs along with higher interest rates and continued disruption within the overall supply chain.  Within the class 8 truck segment, PSR expects truck demand to remain strong into the first part of next year as a result of significant pent-up heavy truck demand.  PSR


    Jim Downey is Vice President – Global Data Products at Power Systems Research and
    Chris Fisher is Senior Commercial Vehicle Analyst at Power Systems Research

  • PowerTALK™, October 2022

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    IN THIS ISSUE

    Lorena Violante is the Senior Market Research Consultant for Power Systems Research. This month she interviewed Miguel Elizalde Lizárraga, the executive president of ANPACT (the National Association of Bus, Truck and Tractor Producers). She also provides a report on ExporTransporte 2022, the largest truck bus show in Latin America.

    Also in this issue read these articles:

    • Alternative Power
      • Ideanomics Tests Quick Power 500 kW Charger
      • Hydrogen Combustion Engines Possible
      • Super-Fast Aqueous Rechargeable Zinc Battery
      • Miniature Hydrogen Fuel Cell Powers RC Truck
    • DataPoint: NA Skid Steer
    • Brazil/South America:
      • Record Sales of Agricultural Machines in Brazil
      • Scania, VW and Volvo Show Euro VI Lineup
      • GM Opens Third Shift Engine Production Plant
    • Show Report: Expotransporte 2022
    • China: Mercedes Produces Initial Heavy Trucks
    • Japan: Agri Week 2022 Report
    • South Korea: Hyundai and KT Invest in Autonomous Driving
    • Vietnam: Urban Railroads Delayed
    • India: Toyota Launches First Flex Fuel Hybrid
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