News
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What Is the Asia Zero-Emission Community?
The Asia Zero-Emission Community is a collaborative framework for decarbonization involving nine ASEAN countries (excluding Myanmar), Japan and Australia. It is abbreviated as AZEC. The first summit was held in December 2023. The principles of the initiative are “decarbonization through diverse pathways that take into account the circumstances of each country” and “simultaneous realization of decarbonization, economic growth, and energy security”.
Many countries in Southeast Asia rely on fossil fuels such as coal and natural gas to generate electricity. Japanese companies are driving the adoption of renewable energy, and the Japan government is also providing support through subsidies and other means. As of the end of 2023, 120 cooperation projects have been implemented between Japan and countries in the region.
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Greenhouse Gases from Mining Are Targeted

Akihiro Komuro Reducing greenhouse gas emissions at mining sites is a pressing issue. The number of emissions from mines around the world is about 1.9 to 5.1 billion tons per year, which is more than Japan’s annual emissions of about 1.1 billion tons. In addition to methane gas emissions from coal mining, heavy equipment powered by diesel engines is also a source of emissions, and there is a trend toward electrification of mining equipment.
In August, Komatsu announced the development of a diesel-ethanol blended fuel engine. The engine is for large dump trucks, and Komatsu will work with Brazilian mining giant Vale and U.S. engine giant Cummins. Brazil has a high global share of bioethanol production from plant materials. The use of bioethanol is expected to reduce CO2 emissions by up to 70%. The company wants to put it into practice at Vale’s mining sites. In 2023, it signed an agreement with General Motors of the United States to jointly develop hydrogen fuel cell modules. The goal is to install the batteries in large dump trucks with a load capacity of about 290 tons and to start testing them in the second half of the 2020s.
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2023 Global PWC Market Estimated at US$2.5 Billion
The Personal Watercraft/Jet-ski Market size was valued at USD 2.544 billion in 2023, according to Power Systems Research, and is estimated to register a CAGR of 5.44% between 2024 and 2032.
Market Trends. Manufacturers are investing in developing PWCs made of environmentally friendly materials and e-powered personal watercraft that are cleaner and more efficient.
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NY Trucking Group Pushes for Delay of Emissions Rule

The Trucking Association of New York (TANY), along with Assemblywoman Donna Lupardo and other state transportation stakeholders, called on legislators to reconsider implementation of California Air Resources Board (CARB) Advanced Clean Truck (ACT) regulations set to take effect in the state just more than two months from now.
TANY President Kendra Hems called for an “immediate delay.” New York joins Oregon in attempting to flex rules that were supposed to launch in January requiring a percentage of new trucks sold in their states to be zero-emission vehicles.
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Trump Won – What Now for US Clean Energy?

Guy Youngs Donald Trump has always pushed for more oil drilling and fewer regulations, left the Paris Agreement in his first term as president, says he hates “windmills,” has promised to scrap offshore wind on “day one” if he won the 2024 election, and calls climate change a “scam.”
And now that he’s won, this is a direct threat to the US’s pledge to reach net zero by 2050. After all, federal policy directly impacts the pace of renewable energy growth, especially when it comes to incentives and research…
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Nevada Gets First Lithium-Sulfur Battery Gigafactory
Super materials trailblazer Lyten will invest over $1 billion to build the world’s first lithium-sulfur battery gigafactory in Reno, Nevada. The factory will be capable of producing up to 10 gigawatt-hours (GWh) of batteries annually once it’s fully online. Phase 1 is set to go live in 2027.
Lyten’s gigafactory will cover 1.25 million square feet on a 125-acre campus in the Reno Air Logistics Park. Initially, it will employ around 200 people, eventually expanding to more than 1,000 jobs
Source: Electrek:…
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Solid-State Batteries Costs Expected To Drop
The push to commercialize solid-state batteries is underway with industries from automotive to storage betting on the technology. But while the technology has been taking longer than expected to take off, semi-solid-state batteries, which use a hybrid design of solid and liquid electrolyte, have been making steady progress toward commercialization.
The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027.…
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EV Battery Costs Will Drop To Key Level In 2026

Guy Youngs In 2008, batteries cost $1,355 per kilowatt-hour, and the goal of an $80/kWh EV battery seemed ridiculous. But today the cost of EV batteries is dropping within shouting distance of that $80 goal, pulling the total cost of EV ownership down with it.
The total cost of EV ownership over time, including fuel and maintenance, has been close to, or at parity with, comparable gas automobiles for many years. The deciding factors for specific vehicles vary, but drivers in the US are owning their cars for longer periods — they hit a record average of 12.5 years in 2023 — so that long-term fuel and maintenance savings advantage for EVs can tip the balance.
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MOVIMAT 2024 Highlights Electric Products
SHOW REPORT
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The 35th MOVIMAT show brings together the entire integrated logistics chain for Latin America. Held in conjunction with the 2024 Fenatran International Road Cargo Transport Show in São Paulo, Brazil, the event attracted a diverse range of exhibitors, including buyers from industries such as distribution, wholesale, retail, and e-commerce, as well as the…
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Fenatran International Road Cargo Transport Show
SHOW REPORT
For more information on OEMs in the industrial products market, visit OE Link, the Power Systems Research proprietary OEM products database.
Fabio Ferraresi
Managing Director, South America
Fabio Ferraresi Managing Director, South America
Fabio Ferraresi is Managing Director, South America at Power Systems Research, where he leads regional market intelligence, consulting activities, and business development across multiple equipment segments. He holds a Bachelor’s degree in Mechanical Engineering from the University of São Paulo (USP) and an MBA in Business Management from FGV and Ohio University. Fabio also holds Six Sigma Black Belt, CMQ-OE and CQE certifications from the American Society for Quality. Prior to joining PSR in 2014, Fabio spent 13 years at Eaton Corporation in Brazil and China, where he held leadership roles including supplier development manager, supply chain manager, factory manager, and quality manager. His experience spans the automotive and industrial sectors across South America and Asia. He also serves as director at Grupo Engenho, a consulting firm focused on operational excellence and business transformation and volunteers on key committees of SAE Brazil and AEA, nonprofit organizations that support the development of policies related to the products PSR covers.
Fenatran is one of the largest transport and logistics fairs in Latin America. It is held every other year in São Paulo, Brazil. This year it was held Nov. 4 – 8 and, as usual, introduced significant launches in the road transport sector, focusing on innovation, sustainability, and connectivity.
This year’s edition featured 600 exhibitors, including…
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