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Brussels, Belgium. Registrations of power 2-wheelers across the top 10 markets in Europe were down 19% in the first quarter of 2025 compared to the same period of 2024. This result is mainly a consequence of the introduction of the Euro 5+ emissions standards on Jan. 1, 2025, and it was anticipated after the very positive results of 2024.
Germany, Austria and the UK saw the harsher decreases, reporting respectively a -41%, -27% and -22% compared to last year. On the other hand, Switzerland limited the loss to -6%, while Poland and Spain were the only countries to report positive growth, +3% and + 6%.
Wärtsilä, a marine and energy technology provider, saw a 34% increase in Q4 2024 order intake and 14% growth for the full year. Q4 orders reached EUR 2,491 million, with net sales up 13% to EUR 1,854 million.
The full-year order intake was EUR 8,072 million, with net sales growing 7% to EUR 6,449 million. The order book rose 25% to EUR 8,366 million.
CEO Håkan Agnevall highlighted record highs in order intake, operating results, and cash flow, noting significant profitability improvements. Despite geopolitical uncertainties, demand for decarbonization solutions has remained strong.
The Italian superyachts manufacturer Sanlorenzo and Volvo Penta are working to enhance yachting efficiency and sustainability by integrating the Volvo Penta’s IPS Professional Platform into the new SX120 and SX132 superyachts.
As part of its “Road to 2030” strategy, Sanlorenzo, a leading superyacht manufacturer, continues to drive innovation following the 2024 launch of the 50 Steel, the first superyacht powered by a green methanol-to-hydrogen fuel cell.
The IPS Professional Platform is an integrated, modular propulsion system developed by Volvo Penta and has been successfully tested on the 37 meters passenger ferry called Penta 40 in Sweden in 2024. It is designed for commercial vessels and superyachts between 25 and 55+ meters to improve efficiency, sustainability, reliability and comfort on the sea.
Brussels, Belgium–Volvo Trucks has announced the assembly of its 1,000th electric vehicle at its Blainville-sur-Orne facility in France. This milestone underscores the expanding market penetration of electric commercial vehicles and signals a growing demand for sustainable transport solutions.
The 1,000th unit, a Volvo FE model, was delivered to the Mineris Group. The Blainville plant, a crucial component of Volvo’s global electric truck manufacturing network, is strategically positioned to escalate production capacity in anticipation of further market growth. This development reflects Volvo’s commitment to electrification and aligns with broader industry trends towards decarbonizing transportation.
Looking forward, Volvo projects continued market expansion and is adapting its production capabilities to accommodate anticipated demand. But what is this demand looking like? According to our Database CV Link™ while overall demand of commercial vehicles will grow by a CAGR of 4% from 2025 to 2030, EVs will grow by 39% CAGR, reaching 100 thousand units produced in 2030. PSR
Emiliano Marzoli is Manager, European Operations, for Power Systems Research
In late November 2024, KTM, one of the world’s leading motorcycle manufacturers, declared bankruptcy due to mounting debts totaling nearly US$3.09 billion (€3 billion). The company has since entered self-administration under Austria’s insolvency laws, granting it a 90-day protection period from creditors1. This move is part of a broader effort to restructure and stabilize the company’s finances.
The financial troubles have led to a temporary halt in production at KTM’s Mattighofen factory until the end of February 2025. This pause aims to clear the backlog of unsold bikes, with approximately 130,000 units in stock, many of which do not meet the new Euro 5+ emissions standards. The halt in production is a significant step as KTM works to manage its inventory and reduce costs.
For more information on the marine market, visit MarineLink, the Power Systems Research proprietary marine products database.
More than 600 exhibitors from the marine pleasure industry showed off their latest models of boats, yachts, marine equipment and other products and services at the 47th annual Cannes Yachting Festival, Europe’s biggest in-water event, just closed its doors. The event ran Sept. 10-15.
An estimated 50,000 visitors attended the festival and got an excellent note for organization from all participants and visitors. The next year’s edition will be held Sept. 9-14, 2025.
The electric marine market has been very dynamic in the last 10 years and electric products and accessories were very popular at the show. Investments in research and development of new technologies and their implementation into boats have been extremely high.
DEUTZ and Rolls-Royce’s Power Systems division have completed the transaction for DEUTZ to take over the sales and service activities for various Daimler Truck industrial engines. The transaction relates specifically to engines with displacements from 5 to 16 litres and power output of up to 480 kW.
Under the completed transaction, DEUTZ will take over distribution of the MTU Classic model series and the MTU 1000 to 1500 engine series, which are based on three Daimler Truck engine platforms. These engines are used in a range of off-highway applications, mainly in the agricultural machinery and construction equipment sectors.
The Danish A.P. Moller & Maersk, the second largest container shipping company in the world, has set a goal to reach zero-emission container shipping by 2040. The Maersk ambitious objective is much advanced compared to the global shipping industry objective to meet net-zero carbon emissions by 2050 to fight against 3% of the global greenhouse emission that they are responsible for.
The program initiated in 2021 aims to renew the fleet of 707 container ships, 304 owned and 403 long-time-chartered, with dual-fuel vessels and propulsion systems. Contracts with different partners and suppliers are in the process of being signed. The giant has chosen to combine methanol and liquified gas bio-LNG for the propulsion systems of its renewed green fleet. The exact split of propulsion technologies will be determined over time considering the latest regulatory requirements and green fuels supply.
Amsterdam–The Tenth Annual Electric and Hybrid Marine Exhibition in Amsterdam’s RAI June 18-20 attracted more than 200 exhibitors and provided an opportunity for shipowners and operators to review the latest solutions to speed marine electrification, decarbonization, hybridization.
Reaching the objective to reduce greenhouse gas by 70% in maritime industry by 2050 looks realistic but the new technologies developers, equipment manufacturers and end users need more clarity and support from the regulatory and governmental bodies to accelerate the process. Creation of reliable and safe storage and fueling infrastructure will ensure the shipbuilders and ship owners trust the transition.
The three-day event presented the latest innovations and achievements in efficient decarbonization of the maritime industry. New technologies from companies in Europe, North America, China and other regions designed to support and accelerate the transition from high polluting fossil combustion to zero emission solutions in maritime industry were exhibited at the event. The exhibition was visited by thousands of industry professionals.
Audi said it intends to “restructure” its Forest production site in Brussels, a move that clearly could end with the site closing by 2027. Production of the model Q8 e-tron, the only model produced in Forest, will end sooner than was expected. Audi Brussels manufactured about 53,000 cars in 2023, but the sale of the large Q8 car with a high price tag (the catalog price starts at 86,000 EUR) does not meet market demand in Europe.
The possible closure could put more than 1500 employees out of work. The full production of the electric SUV Q8 e-tron will be relocated to Mexico and China where production costs will be lower than in Europe.
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