Monthly Report of World News and Analysis
Each month, analysts from Power Systems Research working around the world identify and comment on significant industry news items in the company’s free monthly newsletter, PowerTALK News.
2023-12-15
PowerTALK™, December 2023
Worldwide EV battery development continues at a fast pace, US outdoor recreation industry hits $1 trillion, and Honda plans to drop mass production of its Honda “e” . Read about these items and more in the December PowerTALK News from Power Systems Research.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- High Energy, Cobalt-Free Lithium Ion Battery Developed
- CATL Creates Fast Charging Skateboard
- Record Low EV Battery Prices Reported in 2023
- US Discovers Lithium Bonanza for EV Batteries
NORTH AMERICA:
- Electrify Where It Makes Sense
- Outdoor Recreation Adds $1.5 Trillion to US Economy in 2022
DATAPOINT: NA Combines
EUROPE: Kobelco Expands European Headquarters
BRAZIL/SOUTH AMERICA:
- Argentina Vehicle Production Grows in November
- Brazil Off-Highway Machine Sales Continue To Decline
- VW Trucks and Bus To Restart Two Shifts in January
JAPAN: Honda To Drop Mass-Produced EV “Honda e”
SOUTH KOREA: Hyundai Motor and Apple May Partner
INDIA: Mahindra Plans To Double Tractor Exports
2023-11-17
PowerTALK™, November 2023
EV activity continues to increase across the globe as reported in the November issue of PowerTALK News. This issue features EV reports from China, Japan, North America, Brazil, South Korea and Thailand.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- China Discovers Unique Battery Material
- Toyota Joins Race To Mass Produce Solid-State Batteries
- Could Toyota’s Ammonia Engine Bring the End of EVs?
- White Hydrogen Could Reduce Decarbonization
GLOBAL: Outboard Marine Engine Market Hits $5.5 Billion
NORTH AMERICA: Transitioning from ICE Buses to Zero-Emission Engines
DATAPOINT: NA Graders
BRAZIL/SOUTH AMERICA:
- XCMG To Invest US$ 55 Million in Brazil Electric Truck Plant
- Vehicle Production in Brazil Stagnates
- Brazilian Marcopolo Approves its Fuel Cell Bus in Europe
- VW Announces Pickup Truck To Fight with Fiat Toro
JAPAN: Kubota and Sumitomo Plan Mutual Supply of Equipment
SOUTH KOREA: Hyundai Sells EVs To Oil-Producing Countries
THAILAND: China Auto Manufacturer To Invest in Thai EV Motorbike Plant
CHINA: Weichai-BYD JV Begins 56 Billion Yuan, 50GWh Battery Project
INDIA: Construction Equipment Sector Poised for Substantial Growth
2023-10-23
PowerTALK™, October 2023
China’s growing success with EV sales in Europe is causing EU officials to consider placing tariffs on Chinese EV imports to balance the playing field. Read about this and more in the October issue of PowerTALK News.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- Tesla Tests Diner with Theater and Supercharger
- Lithium Deposit In Extinct Nevada Volcano Could Be World’s Largest
- Both Battery and Hydrogen Fuel Cars Needed
- EU May Impose Tariffs on Chinese EVs
GLOBAL:
- Global Economy Seeing Modest Growth with Positive Outlook
- E-Motorcycle Product Report
DATAPOINT: NA Scooters/Minibikes/Mopeds
EUROPE: 2023 Cannes Yachting Festival Sets Records
BRAZIL/SOUTH AMERICA:
- Brazil To Become Hub for EV Bus Chassis Production
- Brazil’s School Bus Program Postponed
- Higer Azure Electric Bus Debuts in São Paulo
JAPAN: Komatsu Plans Electric Excavator Developed with Honda
MALAYSIA: Proton Considers Building EV Plant in Thailand
CHINA: FAW Jiefang, CATL Launch New Energy Venture
INDIA: Sonalika Group Plans $100 Million for Export Facility
2023-10-11
PowerTALK™, September 2023
Read about plans by the state of California to build a hydrogen refueling network even though the state has only 12,000 hydrogen-powered cars in the September issue of PowerTALK News. Chris Fisher provides an update on hydrogen powered commercial vehicles and Michael Aistrup delivers an update on e-bicycles.
IN THIS ISSUE
- ALTERNATIVE POWER REPORT
- California Building Hydrogen Refueling Network for Cars
- New Zinc-Air Batteries Challenge Lithium Batteries
- The Truth About EV Battery Recycling
- Australian Mining — Can It Power All The New EVs?
- GLOBAL:
- Hydrogen Fuel Cell Commercial Vehicle Update
- E-Bike Market Analysis
- DATAPOINT: NA Tractor/Loader/Backhoes (TLBs)
- BRAZIL/SOUTH AMERICA:
- Companies Support Fleet Renewal Program
- Motorcycle Production To Reach 1.5 Million in 2023
- BEV Demand Boosts Brazil Mining Investment
- JAPAN: Target of 300,000 EV Chargers by 2030 Planned
- SOUTH KOREA: Battery Companies Increase Sales
- VIETNAM: Ridesharing Giant Gojek Converts To EVs
- CHINA: Sany MOTA Launches Battery Rental Business
- INDIA: Bus Sector Bounces Back; EVs Fuel Post-Covid Growth
2023-08-20
PowerTALK™, August 2023
Reports of new product development and emissions are featured in several articles in the August 2023 issue of PowerTALK News. Read about VW’s breakthroughs, a new hydrogen-powered generator, and new regulations covering machine products in Europe.
IN THIS ISSUE
- Alternative Power:
- VW Reveals Four EV Breakthroughs
- EVs Report Fewer Greenhouse Gases
- Methane Is Big Greenhouse Gas Problem
- Hydrogen Engines Pose Hurdles
- DataPoint: North America Personal Watercraft
- Europe: New Machine Regulations
- Brazil/South America:
- PSR Sponsors at SAE Mobility Forum
- Mexico Beats Argentina in Brazil Exports
- 29% of 2023 Brazil Trucks Have Euro 6 Engines
- Japan: Firms Develop Hydrogen-Powered Generator
- Vietnam: Foxconn To Invest $246 Million in Vietnam
- China: XCMG Group, Toyota Sign Pact
- India: Marluti Suzuki Plans India Market Expansion
2023-07-26
PowerTALK™, July 2023
Production is the key word in PowerTALK articles for July. Read about new techniques for battery production, supply chain problems in Japan, production cutbacks in China and new facilities in South America.
IN THIS ISSUE
- Alternative Power:
- What Is Future of Alternative Power?
- BYD Sets JV for EV Batteries
- Offshore Hydrogen 10X Cost of LNG
- VW Plans Dry Battery
- Global:
- Q2 2023 Economy Positive
- Outdoor Power Equipment Shifts To Electric
- DataPoint: North America Mixers
- Europe:
- Show Report: Electric Hybrid Marine
- Ammonia Powered Fuel Cell
- Brazil/South America:
- Alternative Power MHVs Decline
- First VW Truck Built in Argentina
- BYD Expands Brazil Production
- Scania Truck Has 900km Range
- Japan: Semiconductor Shortage Hurts Honda
- South Korea: Hyundai Cuts China Production
- China: New VI-B Emissions
- India: OEMs Target Premium MC Segment
2023-06-23
PowerTALK™, June 2023
Commercial vehicles are in the news this month. Japan is looking at a major merger of truck OEMs, Cummins is delivering a Hydrogen fuel cell truck, Brazil has announced incentives for MHVs and KCMG says it will produce EV trucks in Brazil. Read these reports and more in the June issue of PowerTALK News.
IN THIS ISSUE
- Alternative Power:
- Electric Vehicles and The H2 Battle to be Included in the Family
- New Battery Recycling Center Will Have A Big Impact On Europe
- Global: Electric Scooter Market Could Reach $56B in 2033
- North America: CARB Is Phasing Out Heavy Trucks
- DataPoint: North American Off-Highway Trucks
- Brazil/South America:
- Brazil Announces Incentives for MHV and LV
- XCMG To Produce EV Trucks in Brazil in Two Years
- Japan: Hino Motors and Mitsubishi Fuso To Merge
- South Korea: Hyundai Motor and LG Energy To Build Battery Plant in U.S.
- Indonesia: Indonesia Plans To Become Major Player in Car Industry
- China: Cummins Accelera Delivers Hydrogen Fuel Cell Truck
- India: Suzuki Moves Aggressively To Regain India Market Share
2023-05-24
PowerTALK™, May 2023
Read about Show Reports in Europe and South America in the May issue of PowerTALK Report. In this issue, you’ll also find a global forecast for inboard marine engines, Kia’s plans for tailored EVs and Weichai’s plans to join forces with BYD to jointly produce batteries.
IN THIS ISSUE
- Alternative Power:
- Caterpillar and NMG Join Forces
- Volkswagen Plans Its Largest Battery Factory In Canada
- Cummins To Invest $1 Billion in Hydrogen Network
- Japan’s Love of Hydrogen Power Could Lead To Failure
- Global: Marine Inboard Market Forecast: US$4.45B
- North America: EPA Releases Phase Three GHG Standards
- DataPoint: North American Lawn Mowers
- Brazil/South America:
- Show Report: Agrishow 2023
- Show Report: Automec Special
- Europe: Show Report: Hannover Messe 2023
- Japan: Hitachi Plans Remote Excavator
- South Korea: Kia Plans Customer Specific EVs
- Thailand: China To Build EV Plant in Thailand
- China: Weichai, BYD To Jointly Produce Batteries
- India: Rural Areas Play Vital Role in EV Adoption
2023-04-19
PowerTALK™, April 2023
The April 2023 issue of PowerTALK News features the Q1 2023 Truck Production Index. The report shows that the 2022 Index climbed 2.9%, but declined in Q1 2023. The report also has articles on Alternative Power and the global forecast for personal watercraft.
IN THIS ISSUE
- Alternative Power:
- Global ICE Industry Cliff Is Here
- Top Construction OEM Hierarchy Changes
- Compact Track Loaders Grab Skid Steer Market
- Diesel Technology Achieves Peak Efficiency
- Global:
- 2022 Truck Production Index Gains 2.9%
- 2030 Global PWC Market Could Hit $3 Billion
- DataPoint: North America ATVs
- Brazil/South America:
- Volvo Tests Renewable LNG Truck
- Vale Increases Use of BE Locomotives
- Biodiesel Mix Increase Begins in April
- Scania, Mercedes Reduce Production Shifts
- Europe: Group Beneteau Forecasts 10% Growth in 2023
- Japan: Honda Plans Personal Electric Motorcycles
- Vietnam: Vingroup To Enter EV Cab Market
- China: Beiqi Foton Motors, Cummins Set Joint Investment
- India: LNG May Be Fuel for Long-Haul Trucking
2023-03-24
PowerTALK™, March 2023
IN THIS ISSUE
CONEXPO 2023 held this month in Las Vegas is the largest construction equipment show in the world. It covered more than 3 million square feet and more than 2,400 exhibitors demonstrated new products from nearly 140,000 attendees from around the world. Power Systems Research analysts walked the five-day show talking with exhibitors and attendees and reviewing new products. Read our report in this issue of PowerTALK.
- Alternative Power
- Subway To Add EV Charging Stations
- Lithium-Air Battery Could Offer Longer Range
- Has Battery Recycling Arrived Too Soon?
- Nikola Plans Hydrogen Fuel Network
- Global:
- CONEXPO Shows Hydrogen, Electric Prototypes
- EV Boat Market To Grow by 12%
- NA: Cummins Hydrogen Engine Update
- DataPoint: NA Harvesters
- Brazil/South America:
- WEG Building Plant for EV Batteries in Brazil
- Fras-le Acquires Juratek in UK
- Europe: RR Power Systems Posts Record Year
- Japan: Hitachi Construction Raises Prices
- China: Komatsu To Cut China Production by 40%
- India: Hyundai To Purchase GM Plant
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PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
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