Power Systems Research

  • Komatsu To Expand Autonomous Truck Operation in Brazil

    In line with global trends of automatization, Komatsu is expanding its autonomous Truck operation in Brazil. It already has six trucks operating in the mining complex of Carajás (PA) and other four trucks will be introduced this year. Komatsu says the autonomous driving technology brings 40% savings on tires and brakes, 13% on overall maintenance and 15% on productivity, considering the elimination of stops for driver changing and rest.

    Source: M&T    Read The Article

    PSR Analysis:…

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  • Volvo Builds Loader with Fossil-Free Steel

    Christopher Bamforth
    Christopher Bamforth

    Volvo Group and SSAB have unveiled an autonomous loader made of fossil-free steel, claimed to be the world’s first vehicle made from that material. Manufactured at Volvo Construction Equipment’s facility in Braås, Sweden, this is said to be “just the start” as a few more will be produced in 2022 with mass production set to follow.

    This machine is a load carrier for use in mining and quarrying and is built using a new fossil-free steel from SSAB. Volvo’s CEO Martin Lundstedt has already said that this new machine is a first step in incorporating this new steel in all of their products and components to help reach their goal of being completely carbon neutral by 2040.

    Along with the electrification of its vehicles and machines, Volvo adds that it is determined to reduce the carbon footprint of its entire supply chain and this latest innovation is one step forward on this path.

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  • Strong Growth Will Continue into 2022-23

    Yosyf Sheremeta
    Yosyf Sheremeta

    The third quarter of 2021 brought steady economic activities and strong economic recovery in North America.  Despite this strong economic recovery, many existing and new challenges developed.  Pandemic-related supply chain disruptions, logistics backlogs, shortages within semiconductor products and new virus re-problems, labor market issues (shortages across service industry as well as skilled labor)- have contributed to slower growth in Q3 2021 than previously expected. 

    With the help of government support and targeted fiscal policies, the US economy is showing a strong comeback in 2021.  Furthermore, it is on a positive trajectory to continue to grow in the next few years.  There are many reasons for us to be optimistic about this trend.  Our positive outlook is based on the reviews of key economic indicators, including GDP, unemployment, and inflation.  In our previous forecasts, we discussed recovery trends for the post-pandemic period, and we called for a return of demand for most markets in 2021, especially during H2 2021.  

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  • Q3 2021 Truck Production Index (PSR-TPI) Falls 10.7%

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    St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) dropped from 131 to 117, or 10.7%, for the three-month period ended Sept. 30, 2021, from Q2 2021. The year-over-year (Q3 2020 to Q3 2021) loss for the PSR-TPI was 141 to 117, or 17%.

    Except for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.  Chinese heavy truck demand is expected to decline this year primarily due to the implementation of…

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  • Russia Economic Outlook – October 2021

    Maxim Sakov
    Maxim Sakov

    Market Consultant Russia

    Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q3 2021 economic outlook for Russia in this episode of PSR PowerTALK.

    https://open.spotify.com/episode/4csv9X5mcumnfMnKUm2Efx?si=C2Qa9GhUTG6JM1IPaIU2EA

    Transcript

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

    00:06 Emiliano Marzoli

    Hello everyone. From Power Systems Research, I’m your host, Emiliano Marzoli, editor of PSR PowerTALK. And today we’ll discuss the economic outlook for Russia with Maxim Sakov, our market consultant in Moscow.

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  • DATAPOINT: 2021 NA Motorcycle Production

    Today Joe Delmont presents the 2021 forecast for Motorcycle production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

    Transcript

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

    00:06

    From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we’ll discuss a datapoint covering 2021 North American production of on-road motorcycles.

    When we talk about North America in this podcast, we mean Mexico and the United States only. For purposes of this podcast, the motorcycle unit is defined as any two-wheeled on-road vehicle. Other three-wheeled vehicles such as the BRP Spyder and the Polaris Slingshot are classified as motorcycles by the Department of Transportation, but they are included in other of our production reports.

    This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

    00:58

    We expect that production of the motorcycle units in North America this year will be about 525400 units. That would be up about 7100 units, or almost 16%, from 2020. The gain is mainly due to increased production by Italika in Mexico.

    In 2020, we saw a huge drop in production from the previous year. 2020 production was 453300 units. Down nearly 19%, or about 104000 units, from 2019.

    Even with a strong increase this year, annual production will still be 32000 units less than that of 2019, when 557400 units were built. This years production is still down about 6% from 2019.

    01:56

    Mexico-based Italika leads in the production of on road motorcycles with 54% of total units produced in North America. In second position is Harley-Davidson with 44%, and 3rd is Polaris Industries, with only about 2%.

    As much as 20% of US production of on-road motorcycles is shipped worldwide. Leading producer Italika exports throughout Central and South America to countries such as Guatemala, Honduras, Panama, Peru, Brazil and Puerto Rico.

    Italika reports record first half 2021 sales of 480000 units for all products; up 33% from 2020 and up about 2% from 2019, thanks to outstanding performance in Mexico. The company has plans to expand its Toluca plant to make up to 750000 units per year. Sales demand is being driven by the fact that motorcycles are a more affordable alternative to using mass transit. The increase is attributed to the demand for new fuel efficient models along with seasonably warm spring and fall weather. Lower pricing has also led to an increase in purchases.

    03:13

    However, the motorcycle market overall is losing buyers. Industry’s observer notes that baby boomers have been the main target in the motorcycle industry for the last four decades; but, millennials have not been purchasing motorcycles. This is mostly due to age and financial factors.

    Boosted by COVID-19 factors, expect production to gain as much as 10% by 2025.

    03:41

    This data is pulled from two of the major Power Systems Research databases: OE Link — the database of OEM production and forecast data, and EnginLink — which provides engine production forecast and specification data.

    Look for datapoint reports every month in the PSR PowerTALK news report and on this podcast.

    Contact us for more information on other off-road products and on-highway vehicles.

    04:09

    To read a transcript of this podcast, visit the PSR website at powersys.com and click on the podcast archive.

    Thank you for joining the PSR PowerTALK podcast. This podcast will be available on demand. Search for “PSR PowerTALK” in your podcast app or Google “Power Systems Research” to sign up today.

  • Q3 2021 European Economic Outlook

    In this episode of PSR PowerTALK, Christopher Bamforth, European Market Analyst for Power Systems Research, comments on his Q3 2021 outlook for the European economy.

    https://open.spotify.com/episode/5gAVSaE0ZnsJTjb0cdybzb?si=IK2fHoIjRwyBBde78FyaFQ&dl_branch=1

    Transcript 

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

    00:00:06 Emiliano Marzoli 

    From Power Systems Research I am Emiliano Marzoli, editor of PSR PowerTalk, and today we’ll discuss an update on the economic outlook for Europe with Christopher Bamforth, our European Market Analyst. 

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  • DATAPOINT: 2021 Tactical Military Vehicles

    Today Joe Delmont presents the 2021 forecast for Tactical Military Equipment production in North America. This forecast has been developed by Carol Turner, Senior Analyst of Global Operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

    Transcript

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

    00:06

    From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.

    Today we’ll discuss a datapoint covering 2021 North American production of tactical military equipment.

    When we talk about North America in this podcast, we mean Canada and the United States. For purposes of this podcast, the tactical military equipment is defined as any tracked and wheeled vehicle for land-based military transport and activity.

    This forecast has been developed by Carol Turner, Senior Analyst of Global Operations at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

    00:52

    We expect that production of these units in North America this year will be about 7400 units. That would be up about 1200 units, or 20% from last year.

    In 2020 we saw a big drop from the previous year. 2020 production was down nearly 24%, or nearly 2000 units from 2019.

    As much as 70% of North American production of tactical military equipment is shipped worldwide.

    01:26

    Oshkosh Defense leads in the production of these military units with 52% of total units produced. In second position is AM General with about 39%, and 3rd is General Dynamics Land Systems with combined plant totals of about 4%.

    01:46

    Orders for new military equipment are on the increase along with the remanufacturing of existing units.

    The outlook is especially positive for Oshkosh Defense, which produces the Joint Light Tactical Vehicle, dubbed the JTLV. This unit is expected to replace a large number of the humvee fleets now operated by the Army and the Marines. According to the Marine Corps, orders for the JTLV could increase significantly in the coming years as interest grows among Defense Department customers and overseas allies. Oshkosh Defense, which has delivered more than 100,000 tactical armored vehicles, has been selected as the prime contractor.

    Expect production to increase up to 10% over the next five years as defense budgets increase for new military vehicles.

    02:43

    This data is pulled from two of the major Power Systems Research databases: OE Link — the database of OEM production and forecast data, and EnginLink — which provides engine production, forecasts, and specification data.

    Look for datapoint reports every month in the PSR PowerTALK news report and on this podcast.

    Contact us for more information on other off-road products and on-highway vehicles.

    03:12

    To read a transcript of this podcast, visit the PSR website at powersys.com and click on the podcast archive.

    Thank you for joining the PSR PowerTALK podcast. This podcast will be available on demand. Search for “PSR PowerTALK” in your podcasts app or Google “Power Systems Research” to sign up today.

  • Mercedes Announces BEV Bus for Brazil

    Fabio Ferraresi
    Fabio Ferraresi

    Mercedes says it has committed an investment of US$ 20 million for the launch of the eO500U, the first electric bus by the German OEM, the market leader in Brazil. Roberto Leoncini, Sales Director said that Mercedes opted for beginning the electrification of the MHV segment by the Bus products because it has higher impact on the population.

    One of the key drivers for this launch is the new legislation for São Paulo city that aims to convert 50% of the fleet to electric by 2027. This…

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  • Jacto Announces Hybrid Self-Propelled Planter

    Jacto has entered the planter segment with three products, Uniport 500, Lumina 400 and Meridia 200. Uniport is the first hybrid self-propelled planter in Brazil. It has a Diesel ICE working as an electric power generator and independent electric drives in the four wheels of the equipment. This design promises less fuel consumption, because of a better traction system and uniform planting speed, and consequent better uptime since it reduces stops for refueling.

    Source: Press Release / SAE Brazil Mobility Forum   Read the Article

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