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How Does Market Brace for Low Speed EV Impact?
By August 12, after 20 days of product launch, SGMW’s MINI EV will hit a sales record of 15,000 vehicles, making it the world’s fastest car model reaching the threshold of 10,000 units.
Source: D1 EV Read The Article
Qin Fen PSR Analysis: Consider BYD’s electric bus, SGMW’s MINI EV, as well as premium car brands like Tesla: These traditional and emerging automotive OEMs are reformulating rules of the auto game, with their own proprietary technology.
As a matter of…
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Wacker Neuson Expands EV Offerings
German construction machine manufacturer Wacker Neuson has introduced a new product to their electric range. The EZ17e is an electric zero tail mini excavator with lithium ion batteries and flexible charge management.
Emiliano Marzoli The machine can be charged both with household 110v plugs or with a 415 volts quick charging point. In the latter case only four hours are required to complete the charge.
According to the OEM, one battery charge can last a full workday. In addition, it is possible to charge the machine on site while idling. The machine allows monitoring of the power supply of the construction site to make sure it is not overloaded.
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DATAPOINT: 2020 NA Off-Highway Truck Production Forecast Is 1,200 Units
The 1,200 units is the estimate by Power Systems Research of the number of Off-Highway Trucks to be produced in North America (Canada and the U.S.) in 2020.
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: Caterpillar leads in the production of Off-Highway Trucks in North
America with 53% of the total units manufactured. In second position is Deere with 29.5%. Third, is Komatsu America with 15.5%.
Exports: Collectively, up to 20% worldwide.
Trends: Production of Off-Highway Trucks in North America decreased 1% in 2019 compared to 2018. Production is expected to drop another 15% in 2020. The decline in manufacturing is caused by the weakening of mining related activities, especially within the copper and gold segments along with overseas mining related issues. At the same time, Covid-19 factors contributed to the decrease.
Expect production to increase 5% by 2025 as the need for new equipment for mining operations increases. It is speculated that there will be growth in the excavation of iron ore, nickel and bauxite followed by gold and copper. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
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PowerTracker™ Report Q2 2020: Coronavirus Generates its Own Demand
Looking by application, Portables and Standbys were slightly positive, while Temporary, Peak Shaving, Baseload, and Cogeneration were all negative by double digits compared to Q1 2020. This translated into a 5% increase in sales to Private consumers, and about 6% decreases in Institutional and Industrial sales.
On a Year-on-Year basis, overall unit sales for Q2 2020 were up 1% compared to sales levels in Q2 2019, with Q1 2020 having almost completely wiped out the gains earned in Q3 2020 of last year.
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DATAPOINT: 2020 Production of NA Off-Highway Trucks Forecast at 1,200 Units
The 1,200 units is the estimate by Power Systems Research of the number of Off-Highway Trucks to be produced in North America (Canada and the U.S.) in 2020.
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.
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Taiwan Audi Teams with Noodoe To Create Pure Electric Living Space
To continue to promote the deployment of electric vehicles in Taiwan, Taiwan Audi officially entered the pure electric vehicle market at the end of 2019 and launched the “E-tron Future” reservation project.
Erik Martin To meet the pure electric future, Taiwan Audi has joined hands with strategic partner Noodoe to accelerate the deployment of Taiwan’s charging network. Evaluating home charging station installation and a cloud-based charging operating system paired with Taiwan Audi’s charging solution aims to realize a pure electric mobile life.
From north to south, Taiwan spans only about 500 kilometers. At the same time, the main population centers are concentrated in the seven largest metropolitan areas. These cities–while clearly defined–are connected by a comprehensive road network that provides excellent advantages in the development of electric vehicles.
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Russian Government To Pay 60% of Expenses for Switching Vehicles to NG
The Russian government subsidies now will cover 60% of individuals’ and small business’ expenses for switching vehicles from gasoline to NG fuel. That’s up from 30%.
Maxim Sakov The minister of Power Industry has offered to increase subsidies for switching vehicles belonging to individuals and small business two times – from 30% to 60%. Another 30% will be paid by Gazprom at the expenses of its marketing program. Therefore, vehicle owners should pay only 10% of the cost to switch.
The government will assign US$ 0.7 billion (50 billion Rubles) for development of the NG fuel industry during the period 2020-2024. This includes an annual assignment of 3.5 billion rubles for gas fuel stations and 0.7 billion rubles for fleet modification.
There are 484 gas stations in Russia (May 2020), 329 of them belong to Gazprom. In 2019, the fuel sales on gas stations increased 30%. Read The Article
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Japan: Toyota, Nissan and Honda Research e-Fuel as New Fuel
Toyota, Nissan, and Honda each are preparing for stricter environmental regulations in 2030 by focusing on research and development of e-fuel, a synthetic liquid fuel made from carbon dioxide (CO2) and hydrogen (H2).
Akihito Komuro e-Fuel is a liquid hydrocarbon chain fuel made from the catalytic synthesis of H2 and CO2 from the electrolysis of water.
Generated from renewable energy sources, they are “carbon neutral,” which means they emit and absorb the same amount of CO2. The e-fuel can be mixed with gasoline or diesel fuel.
The three Japanese companies each have begun researching efficient synthesis and use methods and business models. The reason for researching e-fuel is that, in addition to complying with regulations, the degree of penetration of e-fuel will have a significant impact on the ratio of EV and HEV sales.
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National Grid Joins Switch-on Mode Team
Qin Fen In July, MIIT (Ministry of Industry and Information Technology summoned a meeting with local governments, industry associations and automotive companies on battery switch-on implementation. People attending offered thoughts on implementing battery switch-on operations, sharing recommendations for policy and discussing challenges of proposed actions.
Source: D1 EV Read The Article
PSR Analysis: Electric vehicle development is facing several different technology road…
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Brazil CE Sales To Grow 15% Despite COVID
Fabio Ferraresi Construction Equipment Internal Sales in Brazil from January thru May grew 35% over the same period of 2019. The Brazilian Machinery Builders´ Association (ABIMAQ) expects 2020 sales to hit 20,000 machines, 15% more than in 2019.
Source: Valor Econônico Read The Article
PSR Analysis: The Construction segment was the less affected by the pandemic than some other segments. The interest reduction directed investment to real state, especially housing, and some measures, such as the new regulation for sanitation, recently approved by the parliament, will boost the Construction business in 2020 and more significantly in the coming years. PSR
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