China companies dealing in alternative power–batteries and electric vehicles–make the news in the February issue of PowerTALK by Power Systems Research. CATL has gained market share in the global battery market and it has formed a production alliance in China. At the same time, China OEMs are gaining market share in Thailand’s EV market. Mike Aistrup reports that the global powersports recreational products market is forecast to exceed US$ 35 Billion in 2025.
IN THIS ISSUE
ALTERNATIVE POWER REPORT
- CATL Expands Battery Market Share Lead in 2023
- Electric Trucks Can Haul 100 Tons
- Daimler’s Aims for Hydrogen Milestone
- Toyota Maintains EV Market Skepticism
NORTH AMERICA:
- Shell To Exit Light Duty FCEV Market in California
- Global Powersports Market To Exceed $35 Billion in 2025
DATAPOINT: NA ATVs
BRAZIL/SOUTH AMERICA:
- VW To Invest US$250 Million in Argentina by 2026
- Cummins To Produce New Off Highway Engine at Guarulhos Plant
- Brazil Posts Record Heavy Duty Trailers Sales in January 2024
JAPAN: Toyota and Chiyoda Develop Hydrogen Production System
SOUTH KOREA: Hyundai Motor Shifts EV Plans, Introduces Genesis Hybrid
THAILAND: Japanese Car Share Plummets in Thailand, China Gains Share
CHINA: LGMG and CATAL Sign Strategic Cooperation Agreement
INDIA: India FY25 Budget Is Driving EV Revolution
