News

  • Acquisitions in Light/Medium EV Segment

    NORTH AMERICA REPORT
    Chris Fisher
    Chris Fisher

    2022 has been an interesting year on many commercial vehicle fronts including the medium and light electric commercial truck and van segment.  While large established OEMs such as Ford, who is expected to produce approximately 6,500 E-Transits at the Kansas City plant in 2022, there has been some shakeup within the electric commercial vehicle start-ups. 

    During the past six months, Mullen Automotive, based in Brea, CA, has acquired the assets of the now bankrupt Electric Last Mile (ELMS) company and has acquired 60% of Bollinger Motors, which has yet to start vehicle production.

    In September 2022, Mullen Automotive invested $148 million into Bollinger Motors, giving Mullen a 60% share of the company.  Bollinger plans on introducing their electric class 3 – 6 lineup of cargo vehicles starting in 2023 and it is likely that Bollinger will also manufacture the Mullen electric light commercial vans also starting production in 2023.

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  • Container Ships Could Look Like this by 2050

    Here’s What Container Ships Could Look Like by 2050

    With pressure from regulators to decarbonize international shipping, companies big and small are racing to identify green alternatives to the gas-guzzling container ships that account for an estimated 3% of global greenhouse emissions.

    Many of the ideas floating around today leverage some form of high-tech sail, a futuristic take on the wind-powered voyages that have transported goods for as long as global trade has existed.

    Many factors need to be…

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  • Tesla Refinery Project Advances in Texas

    Tesla is currently working on a lithium refinery project that would be coming to Corpus Christi, Texas, and it sounds like the automaker is in the final stretch of its negotiations with the authorities.

    In September, we learned that Tesla has a plan to build a lithium refining facility on the Gulf Coast of Texas. At the time, all we knew was that Tesla was planning on moving fast with hope to start building in Q4 2022.

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  • Are There Enough Materials To Produce Needed EVs?

    The transition from ICE to electric vehicles (EVs) is necessary to decrease climate-changing emissions. As deployment increases, so will the demand for EV battery materials such as lithium, cobalt, and nickel. These materials are primarily supplied through two sources: 1) newly mined or 2) recovered by recycling batteries.

    Research shows there are enough explored or prospective reserves to electrify the global transportation sector using current technology if a high amount of battery recycling occurs. In this scenario, global demand for EVs in 2100 will amount to about 55% of cobalt reserves and 50% of lithium reserves. If recycling doesn’t ramp up, a shortage of lithium, nickel, or cobalt is likely, and it is estimated that demand would exceed what is economically accessible to extract.

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  • DATAPOINT: North America Combines

    Estimated 2022 Production: 7,400 Units
    NA Combines Nov 2022Download

    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.

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  • FENATRAN 2022

    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

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  • Bauma 2022 Returns Smaller than 2019

    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.

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  • Alternative Power Report, November 2022

    Alternative Power Report – Nov 22Download

    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.

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  • Randon Acquires US Trailer Maker Hercules

    Randon, an Brazil-based OEM, has agreed to invest $40 million to acquire the US-based trailer manufacturer Hercules. Randon’s purchase agreement for Hercules is expected to be finalized within 120 days. Randon Implementos is the largest semi-trailer manufacturer in Latin America. The company maintains a manufacturing park in Argentina and works with partners to assemble semi-trailers at several points in Central America and Africa. It is the main Brazilian exporter in the segment, with a historical market share of 60% in exports.

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  • São Paulo Partners with ENEL To Replace Diesel Buses

    Fabio Ferraresi
    Fabio Ferraresi

    The City of São Paulo has announced a partnership with Enel, an energy supplier, for its bus fleet electrification project to be completed by 2024. Under the agreement, the city will get funding for the project of R $ 8 billion. The plan calls for the replacement of the fleet of combustion buses with non-polluting models.

    According to the city, Enel is one of the main stakeholders in the project and should assist companies in logistics, infrastructure and the feasibility of electric vehicles based on their experience in Latin America.

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