News

2023-05-21

Caterpillar and NMG Sign Circular Supply Chain Deal

Nouveau Monde Graphite Inc. (NMG) and Caterpillar Inc. have signed agreements to provide a zero-exhaust emission fleet, supporting infrastructure, and service for NMG’s Matawinie Mine. Caterpillar will supply heavy mining equipment to transition from traditional models to Cat zero-exhaust emission machines.

Additionally, a non-binding memorandum of understanding (MoU) has been signed between the two companies to advance commercial discussions targeting NMG’s active anode material.

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2023-04-19

Alternative Power Report, April 2023

PSR Alt Power Report-April 2023.Download

Engines powered by gasoline and diesel fuel are reaching a critical point in production compared to electric and hybrid vehicles, according to reports in the April issue of Alternative Power Report. 2026 could be a critical year. Read about this trend and related articles that address alternative power in this issue.

LNG May Be Fuel for Long-Haul Trucking

INDIA REPORT
Aditya Kondejkar

With the increasing penetration of the Compressed Natural Gas (CNG) network across India, many cities may transition from conventional diesel-powered vehicles to CNG for the last mile.

Liquefied Natural Gas (LNG) could be a favorable option for heavy and long hauls due to its higher energy density and hence a lower payload penalty and potential range, a lower carbon footprint/noise levels and its cryogenic temperatures which makes it a theft-proof fuel option.

At the same time, the use of HPDI (High-Pressure Direct Injection), a system that enables heavy–duty trucks to operate on natural gas with diesel- like performance would also aid in the switch to LNG.

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2023-04-18

Volvo Tests Renewable LNG Truck

BRAZIL/SOUTH AMERICA REPORT  
Fabio Ferraresi
Fabio Ferraresi

Volvo plans to test trucks fueled by vegetable origin LNG, gas in liquid form. According to the president of Volvo Trucks in Latin America, Wilson Lirmann, gas from renewable waste makes more sense in the transport operation because it contributes to nullifying the emission of CO2 in the fleet of commercial vehicles.

In this sense, the brand should soon bring LNG-powered trucks to the region. Brazil is a focus market, but possibly these trucks will debut in other South America countries. That’s because the infrastructure is still under development in Brazil. Although Lirmann does not say which countries in the region will receive the brand’s first gas trucks, it is known that Argentina and Chile already have more developed technology and infrastructure. 

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Vale Increases Use of BE Locomotives in Brazil

As part of the strategy of accelerating the use of technologies that use renewable sources, Vale received at the end of March its second 100% electric locomotive, powered by battery. Manufactured in China by CRRC Zhuzhou Locomotive (CRRC ZELC), the equipment will initially operate in the maneuvering yard of the Ponta da Madeira Terminal in São Luís (MA). Its batteries, made of lithium, have a storage capacity of 1000 kWh, with autonomy to operate up to 10 hours without stops for recharging.

CRRC’s locomotive is part of Vale’s strategy to electrify its mine and rail equipment. The two areas account for 25% of the company’s direct carbon emissions, the so-called scope 1. In 2019, Vale announced the goal of zeroing its net emissions of scopes 1 and 2 (relative to electricity consumption) by 2050. To this end, it is investing between US$ 4 billion and US$ 6 billion.

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Biodiesel Mix Increase Begins in Brazil

During its first meeting March 17, 2023, the new leadership of the National Council for Energy Policy (CNPE) approved an increase to 12% of the mandatory blend of biodiesel to diesel sold in Brazil, after April this year.

The proposal approved by the CNPE sets the addition of biodiesel in the composition of diesel to grow in April this year from the current level of 10% (B10 mixture) to 12% (B12 mixture). The content will be raised to 13% (B13 mixture) in April 2024, to 14% (B14 mixture) in April 2025 and to 15% (B15 mixture) in April 2026.

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Scania, Mercedes Reduce Production Shifts in Brazil

BRAZIL REPORT  

In line with ANFAVEA forecast of 20% reduction in production for 2023, Scania and Mercedes announced the reduction of one shift of production in MHV production lines. Scania reallocated 200 employees at the remaining shift and laid off part of its temporary workers in the workforce. Scania does not have a forecast to reopen the second shift.

At the same time, Mercedes announced three months forecast to reopen the shift. While Scania only mentioned market demand as a reason for its reduction, Mercedes mention Market, lack of components and the country’s interest rates.

Source: Valor Econômico    Read The Article

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Group Beneteau Forecasts 10% Growth in 2023

EUROPEAN REPORT 
Natasa Mulahalilovic
Natasa Mulahalilovic

Groupe Beneteau, one of the world’s leading manufacturers of pleasure boats and mobile homes, posted revenue of USD 1.6 million (1.508,1 million EUR) for 2022. The boat division generated USD1.3 million (1.250,9 million EUR), 83% of the group’s total revenue.

The Group order books are full for this year. The forecast is for 10% growth compared to revenues achieved in 2022. Last year, revenues by market were at 613.20 million EUR for Europe, 424.4 million EUR for North America and 135.9 million EUR for other regions.

The group plans to launch 13 models in 2023, of which five will be new models of dayboats, four models of sailing yachts, two models of sail catamarans and two models of power catamarans. 

The boat division revenues increased 19.7% compared to 2021. The motorboats division contributed 58% of the total and the sailing division added 42%. The best-selling boats are the motor dayboats in size up to 8 meters followed by the sailing multihulls over 10 meters.

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Beiqi Foton Motors and Cummins Set Joint Investment

CHINA REPORT
Jack Hao
Jack Hao

Beijing Foton Motors and Cummins said they will further strengthen their strategic cooperation in the Southeast Asian region and sign a joint investment agreement with the Foton Cummins Thailand engine factory to provide powertrains for the Foton Zhengda vehicle base and Southeast Asian business.

This signing would mark a further strategic cooperation between Foton Motors and Cummins, targeting a wider range of regional markets and providing more diversified power solutions to global customers.

As a global emerging economy, ASEAN (Association of Southeast Asian Nations) has become one of the regions with the greatest development potential in the world. In recent years, Foton Motors has had significant business expansion in Southeast Asian countries including Thailand, Malaysia, and the Philippines. Their market share has gradually increased in trucks, buses, and other specialized vehicles, and they have built their reputation in the local market.

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Honda Plans Personal Electric Motorcycles

JAPAN REPORT

Honda said it plans to produce a motor-driven electric motorcycle for individuals in Japan by the end of 2023. This will be the first time Honda produces a product for the public in Japan.

Overall, Honda said it plans to launch more than 10 models of electric motorcycles worldwide by 2025. Their goal is to increase overall sales, including pedal-powered and electric bicycles, mainly in China and India. The company plans to increase its sales to 3.5 million units worldwide by 2030, more than 20 times the 2021 level.

The EM1e electric scooter was unveiled March 17, 2023, in Japan. It has a cruising range of approximately 40 km and uses replaceable batteries. The price is expected to be higher than gasoline-powered scooters with a displacement of about 50 liters. The company plans to launch the moped equipped with pedals that can be pedaled with the feet, and five other motorized bicycle models in China, Southeast Asia, Europe, and Japan by 2024.

Electric motorcycles face the problem that on-board batteries are expensive and production costs are more than 50% higher than those of internal combustion engine models. Honda plans to increase its global sales to 1 million units by 2026, and further to 3.5 million units by 2030. However, demand for internal combustion engines is strong in emerging countries, and Honda intends to maintain its annual production capacity of 20 million two-wheeled gasoline vehicles until 2030.

Source: The Nikkei

PSR Analysis: Honda is finally bringing an electric model to the consumer market. Yamaha already sells the E-Vino to individuals. Harley is spinning off its electric motorcycle division to attract investment, and India’s Hero will release its VIDA electric motorcycle in 2022 and is working with a U.S. company to develop new products.

All companies are very ambitious about electric motorcycles, but there are still many challenges to be overcome before they become widespread. As a first mover example, Taiwan’s Gogoro is doing well by developing a network of battery exchange stations. Honda’s EM1e is equipped with a single replaceable battery, and by taking the battery pack home after use and recharging it at a power outlet at home, the vehicle can start running the next day with a fully charged battery.

The handle makes the battery look easy to carry, but at 10.3 kg, it may be difficult for women to accept it. The spread of battery exchange station networks like those in Taiwan has just begun in Japan, and charging stations in urban areas are still in their infancy. PSR

Akihiro Komuro is Research Analyst, Far East and Southeast Asia for Power Systems Research