News

Hyundai and LG Electronics To Collaborate on In-Car Appliances

Hyundai Motor will collaborate with LG Electronics on home appliances for the interior of electric vehicles. The two companies will work together to develop OLED TVs to be mounted on the ceiling and walls, as well as home appliances such as refrigerators and coffee makers that make the interior of the car more comfortable. They unveiled the next generation concept car “Ionic Concept Cabin.”

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Tesla Cuts Prices of China-Made Cars

Jack Hao
Jack Hao

Taking advantage of new battery options and big government subsidies, Tesla has slashed its Model 3 prices in China. The company’s Chinese website is now advertising a base price for the popular battery-electric sedan of 249,900 yuan, or roughly $36,800.

While this is big news for the company in its efforts to remain dominant in the Chinese market, U.S. consumers won’t be affected…at least, not yet

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Petrobras Finishes Tests To Start Production of HVO in Brazil

Fabio Ferraresi
Fabio Ferraresi


Petrobras has concluded the test production of 40 million liters of diesel mixed with HVO from 2 million liters of soy. The regulation is still pending on ANP.

Once regulated, the HVO will compose part of the renewable mix at Diesel with the existing Biodiesel yielding better effects for engines and even less emissions. Today, the renewable content of the mix is 12% and it will reach 15% by 2023.

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Iveco Sets Record Sales of NG Trucks in Argentina

After selling 35 NG Trucks in Chile, Iveco announced the sale of 100 Stralis NP Cursor 13 NGs in Argentina for a supplier to O&G industry in the Southern country.     

Source:    Read The Article

PSR Analysis: The acceptance from customers helps to remove a barrier to NG sales, transforming this technology from a Trend to a reality. NG was formerly more deployed in Buses than in Trucks. With the experience of fleet owners, the technology will gain scale rapidly in South America countries and accelerate the volumes in South American markets. PSR

Fabio Ferraresi is Director Business Development South America for Power Systems Research

Brazil Extends Trade Agreements with Mexico and Paraguay

Brazil recently published two trade agreements with Mexico, and, earlier in July, with Paraguay. The Mexican agreements cover Commercial Vehicles trade, with the reduction of import taxes progressively reaching zero by 2022. The agreement with Paraguay covers auto parts taxes from country to country. The taxes are now between 0 and 2% and will be zero in 2022.

Source:     Read The Article

PSR Analysis: The agreement with Paraguay is beneficial to auto parts makers on both sides of the border and helps to fight Asian competitors. With Mexico, the installed Truck Industry in Brazil is likely to expand exports to Mexico in coming years. PSR

Fabio Ferraresi is Director Business Development South America for Power Systems Research

Scania Creates Bridge To EU 2030 Emissions Targets

Emiliano Marzoli
Emiliano Marzoli

Scania, a Swedish truck manufacturer, is developing an 18-meter long solar cell-clad trailer that will be able to generate energy from devices along 140m2 of surface area on the sides and roof. 

According to the truck manufacturer, the powered trailer will be able to generate fuel saving between 5% and 10% in northern Europe, and up to double that in sunny regions like Spain.  The tests are also validating the use of the trailers as power stations to feed the main grid, once they have completed charging the batteries and the vehicle is stationary.

Source : Read The Article

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DATAPOINT: US Shredders, 2020 Production — 68,200 Units

The 68,200 units is the estimate by Power Systems Research of the number Shredders to be produced in the U.S. in 2020.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

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Bus Fleets Convert To Zero Emission Vehicles

During the past few years, many cities and states have committed to full adoption of their transit bus fleets to zero-emission vehicles.  While the implementation dates vary, most are aiming to have the transition completed by 2040. 

Chris Fisher
Chris Fisher

Since transit buses typically have pre-defined routs and access to recharging infrastructure, they are good candidates for adoption.  It also helps that this segment is not-for-profit, and a short-term payback is not required.  The significant barriers to adoption appear to have been overcome. 

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Global Recovery: Opportunities and Challenges

SUMMARY. The global economy, especially within the Engine, OEM and Components industries, has felt the immediate impact from COVID: assembly line shutdowns, labor issues, supply chain issues, logistics and transportation to name a few.  The pandemic has exposed many weak links in the global economic chain. However, by end of summer, most of these challenges were either completely resolved or temporary solutions had been put in place. 

Yosyf Sheremeta
Yosyf Sheremeta

Diversification has become the theme during the pandemic recovery, and we expect this trend to continue.  Not only are companies looking for new markets and suppliers to grow top and bottom line revenue as well as to minimize risks, but we see a shift into new industries.  Furthermore, rapid developments of new technologies create massive opportunities for OEMs and suppliers as well as posing real threats to OEMs that solely rely on traditional products that are powered by fossil fuels. 

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Robotic Lawn Mower Industry Expected To Reach $1.3 Billion in 2020

There’s nothing like the look and smell of freshly cut grass, but for an increasing number, mowing the lawn as become an unpleasant experience and a waste of time. Some home owners spend hours every week doing the work while others are investing in a robot lawn mower to do the work.

robotic lawn mower is an autonomous robot used to cut lawn grass. A typical robotic lawn mower (in particular earlier generation models) requires the user to set up a border wire around the lawn that defines the area to be mowed. The robot uses this wire to locate the boundary of the area to be trimmed and in some cases to locate a recharging dock. Robotic mowers are capable of maintaining up to 30,000 m2 (320,000 sq ft) of grass.

Think of robot lawn mowers as Roombas, but for lawns.

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