News

  • Komatsu Targets CO2 Zero Emissions by 2050

    Komatsu is aiming to reduce its CO2 emissions to virtually zero by 2050. The goal is to reduce CO2 emissions to zero not only from its own production of construction equipment, but also from the use of construction equipment by its customers. The company aims to achieve this goal by promoting the electrification of construction equipment, improving fuel efficiency, and encouraging customers to use their construction equipment more efficiently, etc.

    The company will respond to the fact that ESG (Environmental, Social and Corporate Governance) investors are emphasizing the reduction of emissions, including those of customers.

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  • Beijing Accelerates “Fuel for Battery” Policy

    Qin Fen
    Qin Fen

    The Beijing Municipal Commission of Transport in February issued an action plan describing how to switch out IC-powered light commercial vehicles in urban areas.

    The city government will subsidize fleet companies switching out 20 gasoline or diesel powered vehicles to battery-powered cargo vehicles one time before Aug. 31, 2021.  The government will issue city passes to fleet companies on more favorable terms than ICE powered cargo vehicles.

    There will be a government transportation center to monitor every battery-powered vehicle on operating range, GPS, etc., in case someone embezzles government subsidy.

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  • Corolla Cross Produced in Brazil To Be Exported to 22 Countries

    Fabio Ferraresi
    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
    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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  • North American Economic Outlook – March 2021

    Yosyf Sheremeta, PhD,  Dir. of Prod. Mgt. & Customer Experience, analyzes the North American economic outlook with special emphasis on the Administration’s efforts to control emissions.

    https://open.spotify.com/episode/4t9bQS7qD3Gs7jvtieDLYY?si=DKfdjogIQcKOFvv5GnZ2tQ

    Transcript

    Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

    00:06 Jim Downey:

    Good morning and welcome to this podcast by Power Systems Research. Today we’ll be discussing the North American market outlook for.2021. I’m Jim Downey, Vice President of Global Data Products here at Power Systems Research. I’m joined by my colleague, Yosyf Sheremeta, who is the Director of Product Management and Customer Experience.

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  • Power Systems Research Sees Strong Commercial Vehicle Demand Continuing

    OEM Off-Highway recently interviewed Power Systems’ Chris Fisher for their OEM Industry Update podcast. Here we present it with their permission

    This week on OEM Industry Update we speak with Chris Fisher, Senior Commercial Vehicle Analyst, Power Systems Research, about the current state of the North American commercial vehicle market. He says truck demand continues to be strong and is expected to remain so through 2022 and possibly even into 2023. Inventory stocking and solid growth in single family housing are among the factors positively impacting the market. 

    https://open.spotify.com/episode/6PyZXncDucnylB2tte1x08?si=UmlSWEyxQySYTGJPFeWlUg

    Transcript

    Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

    00:13 Sarah Jensen:

    Welcome to OEM Industry Update; a weekly podcast examining the latest news and technology trends impacting product development teams and the heavy-duty on and off highway equipment Industries. I’m Sarah Jensen, editor of OEM Off Highway and in this week’s episode I’ll be speaking with Chris Fisher, Senior Commercial Vehicle Analyst at Power Systems Research, about the current state of the North American commercial vehicle market. Let’s take a listen now:

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  • Brazil MHV Production Outlook Webinar, March 17, 2021, Sponsored by ABM

    Carlos Briganti
    Carlos Briganti

    In this episode of the PSR PowerTALK™ podcast Carlos Briganti, Managing Director of the Power Systems Research South American operations, analyzes the outlook for MHV production in Brazil, with special emphasis on the trends away from diesel power.

    He will be presenting this information in more detail during a webinar sponsored by the ABM on March 17, 2021. The webinar is sponsored by the Brazilian Association of Metallurgy, Materials and Mining (ABM). There is no charge for the ABM webinar.

    You can register here for the webinar: https://www.abmbrasil.com.br/eng/inscricoes/difusao-digital/webinar-tendencias-tecnologicas-volumes-para-veiculos-comerciais

    The ABM is a non-profit civil association whose objective is to bring together individuals and companies aiming collective actions that promote the development of people, technical and scientific evolution and innovation in processes, products and management in their areas of expertise. PSR

    https://open.spotify.com/episode/0CjR934Fyl4Z8fKD5iEKUz?si=v4qSFQL4TmeCYgJI1Tt6sA

    Transcript

    Welcome to the PSR PowerTALK podcast, produced by Power Systems Research. Today Fabio Ferraresi, Director of Business Development, South America and Carlos Briganti, Managing Director, South America, will discuss the outlook for medium and heavy vehicles in Brazil.

    Read More »

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