PowerTALK Reports

The July 2025 PowerTALK News has reports on PSR’s Q2 2025 Truck Production Index, india’s strengthening used car market, South Korea’s ship building success, Mitsubishi’s plans to electrify its Forklift products, and Chinese machinery market share gains in Brazil

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Repsol Cancels 200MW Green Hydrogen Project
• Ethiopia Updates ICE Vehicle Import Ban
• Rare Earth Metal that Increases Battery Energy Density Identified
• Maersk Institute Was Right About Ship Batteries But Wrong on Price

DATAPOINT: 2025 U.S. Crawler Production
TRUCK PRODUCTION REPORT: Q2 2025 Truck Production Is Declining
EUROPE REPORT: Marine Exhibition 2025 Features Collaboration and Innovation
SOUTH AMERICA/BRAZIL REPORT:

• Chinese Machinery Gains Market Share in Brazil
• Brazil Will Be Largest Mercedes Truck Market in 2025

JAPAN REPORT: Mitsubishi Logisnext To Electrify 90% of Its Forklifts
SOUTH KOREA REPORT: Major Shipbuilder Secures U.S. Military Ship Orders
CHINA: Heavy Duty Truck Group Signs Pact With Toyota
INDIA: Used Car Market Shifts Toward Sustainable Profitability

The June PowerTALK News has reports on the Hino-Mitsubishi Fuso merger, the decline in Russian 2025 truck production, a cooperative development agreement between Chinese companies and a report on 2025 global outboard engine production.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Will Hydrogen Fuel Cell Trucks Follow Car Storyline
• IEA Global Outlook Shows U.S. Falling Behind On EVs
• Critical Minerals for Clean Energy Concentrated in Few Countries
• Sodium Batteries: Yet Another Sign EVs Are Here To Stay

DATAPOINT: 2025 Global Outboard Engine Production
GLOBAL REPORT: 2025 Heavy Truck Sales in Russia Expected to Decline
EUROPE REPORT: Rolls-Royce Power Systems Reports Record 2024 Results
SOUTH AMERICA/BRAZIL REPORT:

• Deere Projects Brazil To Surpass Europe in Ag Machinery Sales
• 2025 Brazil Trailer Production Declines

JAPAN REPORT: What Will Happen with Merger of Hino and Mitsubishi Fuso?
INDONESIA REPORT: South Korea’s LG Energy Withdraws Expansion Plans
CHINA: Yuchai, XCMG Sign Mutual Development Agreement

The May 2025 issue of PowerTALK™ News contains a report from Chris Fisher, Senior Commercial Vehicle Analyst, on layoffs in North American trucking business, an update on KTM’s restructuring efforts, a report on Agrishow 2025 in Brazil, and news of a development agreement between Toyota Motor and China Truck Group.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Volvo Announces World’s First Electric Articulated Hauler
• Aeson Power Unveils Sodium Battery Products
• IMO Votes First-Ever Global Carbon Price on Shipping
• CATL Next Generation Batteries Coming Soon

NORTH AMERICA REPORT: Layoffs Begin in the North American Truck Segment
DATAPOINT: North America 2025 Production, Zero Turn Mowers
SHOW REPORTS: Agrishow 2025: Innovations in Ag Equipment
JAPAN:

• Japan Engine Conducts Final Tests on Ammonia Marine Engine
• Komatsu Reports $650 Million USD Impact of US Tariffs

CHINA: China Truck Group, Toyota Motor Sign Development Pact
INDIA: Evaluating Mahindra’s Acquisition of SML Isuzu PSR

In the April 2025 issue of PowerTALK™ News, you’ll find a new feature, Tariff Topics, that contains a report of global tariff news driven by the current US tariff program. You’ll also be able to read alternative power reports on Europe and Germany endorsing EV trucks, Tesla deliveries dropping in Europe, 2025 NA snowmobile production, the Q1 2025 PSR Truck Production Index report, Honda plans to introduce electric motorcycles in Vietnam and the merger plans of three Chinese auto manufacturers.

IN THIS ISSUE

TARIFF TOPICS

• Tariffs Impact NA Medium and Heavy Truck Market
• US Tariffs Could Hurt Japan GDP
• ASEAN Leaders Consider Response to US Tariffs
• South Korea Considers Tariff Bargaining Chips

ALTERNATIVE POWER REPORT

• France and Germany Endorse Electric Trucks Over Hydrogen
• Europe Tesla (TSLA) Deliveries Down 43%, EVs Climb 31%
• Magnesium Battery Study Offers Alternative To Lithium EV Batteries
• UK Reconsidering Tesla Subsidies After Trump Tariffs

TRUCK PRODUCTION REPORT: Q1 2025 PSR-TPI drops -5.3%
DATAPOINT: 2025 North America Snowmobiles

SHOW REPORTS

• Bauma 2025, Germany Rebounds from Pandemic
• Hannover; Text to come
• Automec 2025 Features Innovation and Transformation

SOUTH AMERICA/BRAZIL:

• Interest Rates Hurt Brazil Heavy Truck Production
• Brazil Light Vehicle Exports Grow 41%

JAPAN: KG Motors To Mass-Produce Ultra-Compact EVs
SOUTH KOREA: Hyundai Motor Plans To Invest $21 Billion in USVIETNAM: Honda To Launch Electric Motorcycles in Vietnam

The March 2025 issue of PowerTALK™ News features a Special Report by Guy Youngs on global news of the Tesla company and car sales. It also has articles about the impact of US tariffs on the India auto sector, the Jakarta construction market, and Kubota’s plans to build a tractor plant in India.

IN THIS ISSUE

ALTERNATIVE POWER: Musk and Tesla Make News

ALTERNATIVE POWER REPORT

• US Is Losing The Solid-State EV Battery Race, Big Time
• US Trade War Causes Turbulence in Battery Industry
• Renault’s Solution for Battery Fires Available To Everyone
• Ford CEO Warns Tariffs Will ‘Blow Hole’ in US Auto Industry

NORTH AMERICA: Proposed Transportation Act Affects Emissions
DATAPOINT: 2025 North America Trenchers

SOUTH AMERICA/BRAZIL:

• Brazil Vehicle Production Best Since 2021
• Dutch OXBO Launches First Plant in Brazil
• FPT Industrial Supplies Agrale NG/Biomethane Engine

JAPAN: Kubota Plans Tractor Plant in India, Doubling Production
SOUTH KOREA: Kia To Offer Corporate Clients Custom EVs
INDONESIA: Notes on Jakarta Construction Equipment Market
CHINA: Baidu, CATL Plan Ecosystem for Unmanned Driving
INDIA: US Tariffs Pressure India Automotive Sector

Read about Tesla Germany sales dropping 60%, Nissan quitting Honda merger talks, Q4 2024 global truck production climbing and South Korean battery production slumping and more in the February 2025 issue of PowerTALK™ News.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Is Toyota Largest Auto Funder of Climate Deniers in US?
• Tesla Sales Drop 60% in Germany
• Nissan Quits Honda Talks, Eyes Foxconn Alliance
• Recycling Battery Metals Could Supply 25% Of Europe’s EVs By 2030

TRUCK PRODUCTION REPORT: Q4 2024 Truck Production Climbs 3.7%
DATAPOINT: 2025 North America Snowblowers Production
NORTH AMERICA: Isuzu Plans South Carolina Truck Assembly Plant
EUROPE: Sanlorenzo, Volvo Penta Collaborate for Sustainable Yachting
SOUTH AMERICA/BRAZIL:

•  Mercedes-Benz Sells Sprinter Factory in Argentina
• Record Motorcycle Production in Brazil

JAPAN: Kanadevia To Build Plant for Hydrogen Equipment
South KOREA: Battery Makers See Revenue Decline
CHINA: Lexus China Plant To Begin Production in 2027
INDIA: 2025 Budget Pushes Green Mobility, Manufacturing PSR

The January 2025 issue of PowerTALK™ News covers regional updates from six regions, and includes articles on a possible Honda-Nissan merger, VW’s possible change in plans for Germany plant closings, the DataPoint forecast of 2025 North America production for Dumpers/Tenders, and a report on Tandano’s development of the world’s largest electric crane.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• Honda, Nissan Near EV Merger
• Volkswagen May Not Close German Factories
• European EV Car Market Declines
• BYD Controversy in Brazil–What Is Going On?

DATAPOINT: 2024 North America Dumpers/Tenders Production
EUROPE: The Financial Challenges Facing KTM
SOUTH AMERICA/BRAZIL:

•  Sao Paulo Bus Electrification Plan Delayed
• BMW To Produce Six New Motorcycles in Brazil

JAPAN: Tadano Electrifies World’s Largest Crane
South KOREA: Strike Causes Auto Production Problems
THAILAND: Toyota, China Battle for Government Support
CHINA: FAW Jiefang, CATL Plan CV Electrification Effort
INDIA: Infrastructure Spending Seen Boosting CV Demand  PSR

The December 2024 issue of PowerTALK™ News covers regional updates from six regions, including the Bauma CHINA construction show. In North America, Nebraska’s Attorney General has filed an antitrust lawsuit against major truck manufacturers over their partnership with CARB. Volvo Construction Equipment has expanded its Brazilian manufacturing portfolio by localizing production of the A45G articulated hauler.

This issue also highlights several key developments in the alternative power sector. The global outboard engines market is forecasted to reach USD 19 billion by 2034, driven by increasing recreational activities and technological advancements.

IN THIS ISSUE

SHOW REPORT: Bauma-China Show Exhibits New Technologies
ALTERNATIVE POWER REPORT

• World Moving On Without USA, As Priorities Change
• Chinese Electric Cars Lead US Producers
• Mercedes’ Solar Paint Could Eliminate Plugging In EVs
• CATL Pushes Forward With All-Solid-State EV Batteries

DATAPOINT: 2024 North America UTV Production
GLOBAL: Outboard Motor Production Forecast
NORTH AMERICA: Nebraska AG Sues Truck Makers Over CARB
JAPAN: Kubota To Build Excavator Plant in Germany
South KOREA: Strike Causes Auto Production Problems
THAILAND: Government To Ease EV Production
INDIA: Tractor Industry Sees H2 2024 Revival PSR

A show report on the giant Fentran international cargo transportation event in Sao Paulo is featured in the November issue of PowerTALK News. The issue also includes alternate power news and information on the global PWC market as well as information on EV joint venture plans of Bosch and Jiangling. Read these articles and more in PowerTALK News.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• EV Battery Costs Will Drop To Key Level in 2026
• Trump Won–What Now for U.S. Clean Energy?
• Costs of Solid-State Batteries Expected To Drop as Pilot Production Begins
• Nevada Gets World’s First Lithium-Sulfer Battery Gigafactory

GLOBAL REPORT:

• Trucking Group Pushes for Delay of Emissions Mandate
• 2023 PWC Market Estimated at US$ 2.5 Billion

DATAPOINT: 2024 NA Combine Production

SHOW REPORT: Fentran International Road Cargo Transportation show

JAPAN: Greenhouse Gasses from Mining Equipment Are Targeted
Southeast ASIA: What Is the Asia Zero-Emission Community?
CHINA: Bosch and Jiangling Plan Joint EV Venture
INDIA: Ashok Leyland Expects Strong Export Performance

Q3 2024 Global truck production dropped, according to the Truck Production Index produced by Power Systems Research. Read about it in the October issue of PowerTALK News. Other articles deal with VW’s plans to cut back on employment; a new solid state battery developed in Europe; the forecast for 2024 crane production in North American and the future for electric tractors in India.

IN THIS ISSUE

ALTERNATIVE POWER REPORT

• VW Employment “Earthquake” Hits Germany
• Europeans Unveil Solid-state Battery with 1,070 Wh/L Energy Density
• Your EV May Fall Apart Before Its Battery Pack Does
• Hydrogen Fuel Technology May Be Falling Behind

TRUCK PRODUCTION INDEX: Q3 2024 Truck Production drops 8.9%

DATAPOINT: 2024 NA Crane Production

SHOW REPORT: Electric Boats Highlight 2024 Cannes Yacht Festival
BRAZIL/SOUTH AMERICA:

• Brazil Set To Start First Natural Gas Truck Corridor
• Randon Brazil Delivers First Semi-Trailer with Electric Drive System

JAPAN: Ammonia-fueled Tugboat Completed
SouthEAST ASIA: AEC Discusses New Goals as Markets Integrate
CHINA:: EU Reportedly Votes Tariff Hikes on Chinese EVs
INDIA: Electric Tractors: The Future of Sustainable Agriculture