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Ural To Produce Axles for Heavy Trucks
RUSSIA REPORT
The Fund of Industrial Development has approved a loan of US$ 27 million (2 Bln rubles) under the “Priority Projects” program, which will allow Ural to build axles at a new production facility. The new site will allow OEM to double production of heavy load trucks and to create about 4,000 jobs.
Currently, these axles are being purchased in China. Ural is going to make this product for its own use, and for sale to other truck makers. Production under the program is expected to begin in 2023.
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Ford Automotive Plant Sold To Korean Sungwoo Hitech
RUSSIA REPORT
The South Korean company Sungwoo Hitech, a manufacturer of auto components that is part of the Hyundai group, has purchased an abandoned Ford plant in Vsevolzhsk.
Details of the deal have not disclosed. However, the plant, which is partly stripped and which has been idle for two years, is being sold for US$ 20 million, a total considered to be far below market value.
For now, the new owner said it is not planning to resume car production there, but the company said it is going to rehab the plant and start production in 2023. Sungwoo Hitech said at this time it plans to invest about US$ 70 million and employ 520 people. Production capacity will be about 265,000 units per year.
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Cabinet Okays Rs 76,000-cr Semiconductor Plan
INDIA REPORT
Aditya Kondejkar The India Cabinet has cleared a Rs 76,000-cr incentive plan for semiconductors that will set up more than 20 semiconductor design, components manufacturing and display fabrication units over the next six years.
A specialized and independent “India Semiconductor Mission (ISM)” was launched Dec. 29, 2021, to drive the long-term strategies for developing a sustainable semiconductor and display ecosystem in India. The ISM will act as the nodal agency for efficient and smooth implementation of the schemes on semiconductors and display ecosystem.
Read The Article
On December 15, 2021, India’s Union Cabinet approved the Program for Development of Semiconductors and Display Manufacturing Ecosystem in India, with an outlay of US$10 billion (INR 760 billion) for the development of a sustainable semiconductor and display manufacturing ecosystem in India. -
LG Chem To Build Plant for Auto Battery Materials in Korea
FAR EAST: SOUTH KOREA REPORT
LG Chem says it will build a cathode material plant for automotive battery materials in Gumi, central South Korea. LG Chem has the second largest automotive battery business in the world. They will continue to invest in increasing production in the materials field to meet the increasing demand and plans to start mass production by 2025 and will build a dedicated line for cathode materials with high nickel content, called NCMA, which can increase the output of batteries.
LG Chem’s new plant will be its fourth; it has two cathode material plants in operation in Korea and one in China. The current production capacity is 80,000 tons. LG Chemical produces its own cathode materials, separation membranes, and adhesives, and supplies them to LG Energy Solution, its battery subsidiary. LG Chem is working with Toray Industries, Inc. to secure the amount of separation membrane to be procured.
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Look for Unprecedented Launch of EVs in Japanese Market
JAPAN REPORT
The Japanese market in 2022 will be greatly affected by two factors: COVID-19 in its third year and the semiconductor shortage. Despite this, companies are making steady progress in their approach to the industrial issues of the environment and safety, and in particular, the full-scale development of EV products is positioned as a major step toward the realization of carbon neutrality by 2050. The launch of EVs in the Japanese market in 2022 will be on an unprecedented scale.
Nissan will start selling its new model “ARIA” at the beginning of the year. Nissan and Mitsubishi are also jointly developing a mini-EV which they plan to launch early in 2022. Toyota and Subaru will also gradually roll out their first jointly developed SUV in Japan and overseas markets starting in mid-2022. Toyota’s “bZ4X” and Subaru’s “SOLTERRA” are the best-selling mid-size SUV EVs globally and will be the touchstone for future EV development. Honda will launch its first two Honda-brand EVs in China in the spring of 2022. These are also SUVs and will be marketed under the name “e:NS1” by Dongfeng Honda and “e:NP1” by Guangqi Honda, both of which are local joint ventures, and will be considered for export from China to global markets.
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In 2025, China’s Construction Machinery Electric Drive Products May Reach 25%
CHINA REPORT
Jack Hao Electrification has become one of the important directions of green development within China’s construction machinery segment. Domestic construction machinery leaders have increased the development of equipment electrification and have launched a variety of electrification products.
Some professional organizations predict that by 2025 the penetration rate of main products may reach 25%. The electrification of construction machinery initially replaces conventional diesel engine drive with electric drive and then the hydraulic device is replaced by an electric device. Concrete mixers, truck cranes, muck trucks, excavators and wheel-loaders are the most easily electrically driven products, especially for small construction machinery.
Source: CLS Read The Article
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Bad Weather in Brazil Jeopardizes Ag Machines Market
BRAZIL/SOUTH AMERICA REPORT
Fabio Ferraresi During the last week of 2021 and the first week of 2022, grain crops faced unfavorable weather conditions. At Mato Grosso and Paraná Regions the lack of rain has been the big problem, while in states like Tocantins and Bahia the problem is an excess of rain, influenced by the climatic phenomenon called La Niña. In some states , such as Paraná, the harvest forecasts are 40% lower than the initial forecast and the losses are estimated at US$ 5 Billion…
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2021 Trailer Industry Grows 33% at 163,000 Units
The Brazil trailer industry registered 163,000 new license plates in 2021 vs. 122,000 in 2020, growing 33.5%. The result could have been even better since the segment was affected by a lack of components, such as steel, tires, etc. Export sales climbed to 4,600 units vs. 2,100 units in 2021.
Source: M&T / Anfir Read The Article
PSR Analysis: The growth is in line with truck sales that confirm the health of the transportation industry. The growth of exports confirms the recovery…
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Brazil Off-Highway, Industrial Segments Expect 4% Growth in 2022
SOUTH AMERICA REPORT
According to Abimaq, the total machine segment, that includes Construction Equipment, Agricultural Equipment, Power Gen-Sets, Industrial Equipment and others, grew 20% in 2021 and should grow more than 4% in 2022. When breaking down by subsegment, ABIMAQ see the segments impacted by infrastructure growing around 15% and the segments impacted by Agriculture growing pushed by the harvest growth.
Source: M&T / Abimaq Read The Article
PSR Analysis: The just…
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Kohler Engines Introduces Small Diesel
EUROPE REPORT
PowerTALK, January 2022
Kohler Engines has introduced a new series of small diesel engines: the KSD. At launch three models will be available:
- KSD 1403NA (Naturally aspirated)
- KSD 1403TC (Turbocharged)
- KSD 1403TCA (Turbocharged with aftercooler)
Later on, more variants will be released, completing further the series. Developed as a new electronic engine, this platform is capable of meeting all current emissions legislations, globally. All engines sit in the critical below 19 kW power node, and with 1.4L is a compact solution that can fit different applications.
One key aspect of the engine is the specific blend between indirect injection and electronic control. According to Kohler, this enables maximum engine performance, response and very low-end torque.
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