News

DATAPOINT: NA Scooters, 2021 Production, 431,900

431,900 units is the estimate by Power Systems Research of the number of Scooters to be produced in North America (Mexico and the U.S.) in 2021.

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.

Market Share: Dominating the NA market for Scooter production is Mexico-based Italika with 89% of total units produced.  In second position is Honda-Mexico with 11%; third is US-based Go-Ped with 178 units.

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Enhancements Made in MHV Segment Data

Joe Zirnhelt
Joe Zirnhelt

As we move through the 2021 year, we at Power Systems Research are working to include enhancements within the data for our Medium and Heavy Vehicles segment that is available in OE Link™, CV Link™ and PartsLink™.

We have added several new fields to increase the value of the data to users as they analyze and further segment the markets.  These enhancements, now available as of March 31, 2021,  include:

OEM Assembly Information for Knockdown (Kit) Production. New fields including OEM Assembly Type (Kit vs. Full),  OEM Assembly Plant and OEM Assembly Country which will help in the analysis of OEMs involved in knockdown production (i.e. Kit) where initial production of the engine and chassis are different from the final OEM Country.

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Thuy Trinh Nguyen Wins $2,000 Scholarship from Power Systems Research

Thuy Trinh Nguyen, a senior at Eagan High School, Eagan, Minnesota, is the recipient of the 2021 Power Systems Research $2,000 academic scholarship. This scholarship is awarded to a student who will be attending a four-year college with a career objective in Science, Technology, Engineering or Mathematics.

She will use the scholarship to study biology and sociology (Pre-Med) at Harvard College.

“My favorite subject,” says Thuy, “is AP Physics–it not only taught me how to calculate my initial velocity, but also helps me recognize the fundamentals of life. Everything is organized with a plan.”

Thuy’s favorite pastime is shopping for the best deals at the Mall of America, and never being tired of shopping. (“Sorry, Dad!”) She also enjoys watching One Direction music videos and crocheting.

Her favorite high school memory: “After the Chemistry finals for Trimester 2, Mr. Elliott somehow allowed me to make ramen in his class. It certainly made up for the headache I got from balancing chemical equations.”

This year, 112 students will receive scholarships totaling $129,950 through the program.

Power Systems Research has been supporting high school science and engineering programs for many years. It has been donating to the Eagan Foundation Scholarship program since 2013.

Another program PSR funds is the Experimental Vehicle Team at St. Thomas Academy in suburban St. Paul, Minnesota. The school successfully competes in international competitions with high schools and universities to build the most energy efficient vehicles. PSR

Russia Economic Outlook – April 2021

Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q1 2021 economic outlook for Russia in this episode of PSR PowerTALK.

Maxim Sakov
Maxim Sakov

Market Consultant Russia

Transcript

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

00:06 Emiliano Marzoli:

From Power Systems Research, hello everyone. I’m Emiliano Marzoli, editor of PSR PowerTALK, and today I will discuss the economic outlook for Russia with Maxim Sakov, our marketing consultant in Moscow. Maxim provides our clients with economic and production forecasts for Russia each quarter. And thank you for joining us today, Maxim.

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Q1 2021 Truck Production Report

Chris Fisher
Chris Fisher

Senior Commercial Vehicle Analyst

In this episode of PSR PowerTALK, Chris Fisher, senior commercial vehicle analyst at Power Systems Research, talks about the reasons for the 42.5% first quarter 2021 drop in global truck production.

Transcript

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

00:06 Joe Delmont:

From Power systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss global truck production with Chris Fisher, PSR, senior commercial vehicle analyst.

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Power Systems Research Forecasts 13% Rebound in Mining Equipment Production in 2021

Jim Downey talks with Sarah Jensen from OEM Off-Highway for their OEM Industry Update podcast. We present it here with their permission.

On this week’s episode of OEM Industry Update, we spoke with Jim Downey, Vice President-Global Data Products, Power Systems Research, about the current state of the North American mining equipment market. He says mining equipment production is expected to rebound 13% in 2021 and continue growing over the next 5 years.

Transcript

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

00:14 Sarah Jensen:

Welcome to OEM industry update. A weekly podcast examining the latest news and technology trends impacting product development teams in the heavy duty on and off-highway equipment industry.

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Pandemic Reduces Moscow 2021 Oil and Gas Show

Maxim Sakov
Maxim Sakov

MOSCOW–The recently-completed Neftegaz (the International Exhibition for Equipment and Technologies for Oil and Gas Industries) trade show held at the Moscow Expocenter was smaller than in the past. This fair is conducted every two years and is a largest local event in the oil and gas industry. This year’s fair was held April 26-29.

It’s a small trade show, and it was even this year than in past years. The number of participants was down from 550 to about 400 companies representing 18 countries. The largest delegations (besides Russia itself) were presented by Germany and China. Germany has set national expositions on the fair.

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European Economic Outlook, April 2021

Christopher Bamforth
Christopher Bamforth

European Market Analyst

In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his outlook for the European economy.

Transcript

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

00:06 Emiliano Marzoli:

From Power Systems Research, hello, I am Emiliano Marzoli, editor of PSR PowerTALK. And today we’re going to discuss the economic outlook for Europe with Christopher Bamforth, our European Market Analyst.

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PSR-HDMA Present Webinar April 21, 2021

Current and Future Supply Chain Concerns For Medium and Heavy Vehicles Will Be Discussed

Erik Martin
Erik Martin
Chris Fisher
Chris Fisher

Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles. 

The presenters included:

  • Chris Fisher – Senior Commercial Vehicle Analyst, Power Systems Research
  • Erik Martin – Director, Asia Region, Power Systems Research
  • Richard Anderson – Director, Market Research & Analysis, HDMA

Rosatom Eyes Battery Production for Electric Cars in 2025

Maxim Sakov
Maxim Sakov

OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company.

According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr

The batteries will be installed in trucks, buses and special machines.

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PSR Analysis: It’s important to notice that there are no passenger car batteries among the planned production. So, electric passenger cars are still not considered as having significant market potential in Russia.   PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research