Follow PSR’s team of analysts as they track the rapidly expanding global battery electric power market, including, battery technology, transportation, eMobility, mergers and acquisitions and more.
2024-12-16
The December 2024 issue of the Alternative Power Report published by Power Systems Research includes articles the successful trends in Chinese EV production, Mercedes’ solar paint product for EVs, new research on sodium-ion batteries and the development of rotary engines powered by hydrogen. PSR
Guy Youngs is Forecast and Technology Adoption Lead at Power Systems Research
2024-12-14
The recent USA presidential elections suggest that the USA will embrace its status as the world’s leading gasoline state, while previous gasoline states like Saudi Arabia plough vast sums into the energy of the future, renewables.
The USA ceded manufacturing of the technologies required for fighting climate change — solar panels, wind turbines, batteries, electric vehicles, heat pumps, transformers, and more — to other countries, mostly China, over the past 40 years.
Under President Biden, the USA enacted massive and unprecedented tariffs to protect the remaining industries, working to keep American money at home. President-elect Donald Trump apparently will increase tariffs, according to statements he and other Republicans have made over the past year. These tariffs would be placed on imports from long-standing free-trade neighbors like Canada and Mexico.
Source: Clean Technica: Read The Article
PSR Analysis: If President-elect Trump does take America down this path, there is a suggestion that US alternative power/renewables industries will follow the fate of US innovation. Until recently, the USA led the world in innovation, but now foreign students are returning to their countries and being welcomed to do research with big budgets. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
With the US history as automobile leaders of the 1900s, it is easy to assume the US will continue being the automotive leader globally and especially domestically. However, the US is rapidly being outmaneuvered, out-innovated, and left in the dust by its Chinese competitors – particularly in the field of EVs.
This article brings together several stories relating to the automotive market with particular emphasis on BYD.
Overall, Chinese electric cars are leading the US auto industry, and it’s hard to imagine that story won’t get even more imbalanced in the coming four years with President-elect Donald Trump slowing US progress on EVs.
Source: Clean Technica: Read The Article
PSR Analysis: In China, there seems to be a real appetite for innovation, change and growth which seems to be lacking in Europe and the US. Many western auto brands are overpricing their vehicles and cancelling the most affordable models. This short-term outlook may be the end of these brands, as they are struggling to be relevant in today’s market. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
Volkswagen Caminhões e Ônibus, in collaboration with Suspensys, has unveiled the VW Meteor Hybrid, Brazil’s first hybrid concept truck. This vehicle features a diesel engine combined with an electric auxiliary axle developed by Suspensys, enabling intelligent traction management that optimizes performance, reduces travel time, and enhances fuel efficiency.
The intelligent traction system allows the third axle to become driven, transforming the truck into a 6×4 configuration when necessary. This provides additional torque for uphill climbs and improved starting power when towing a loaded trailer. Preliminary studies suggest that this setup can decrease travel time due to the extra power.
Additionally, the regenerative system recovers energy during deceleration and in areas with elevation changes, enhancing efficiency and battery storage. The extent of increased autonomy depends on the operation and route. Initial tests estimate that the Meteor Hybrid concept can reduce diesel consumption by up to 10%, depending on the operation’s topography. This directly impacts CO₂ emissions, potentially avoiding over 25 tons annually.
Source: Revista M&T Read The Article
PSR Analysis. This concept aligns with Volkswagen Caminhões e Ônibus’s strategy for decarbonization, as it can operate solely on the diesel engine during long trips without the need for charging infrastructure. This flexibility is particularly useful for routes lacking charging stations, increasing the operational versatility of the hybrid model. PSR
Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research
2024-11-16
Bosch and Jiangling Group have signed a joint venture agreement in Nanchang, planning to establish a joint venture to jointly develop and sell electric drive axle systems for light commercial vehicles. The registered capital of the planned joint venture is 500 million yuan (63 million euros), with Bosch holding 60% and Jiangling holding 40%. The newly established company will be mainly responsible for the development, application, production, sales, and service of electric drive axle systems for light commercial vehicles.
Bosch will rely on its experience in electric drive technology to provide core technical capabilities such as electric drive, electric motors, and electric control, while Jiangling Group will contribute its insights in the complete vehicle field and grasp of the local market.
Donald Trump has always pushed for more oil drilling and fewer regulations, left the Paris Agreement in his first term as president, says he hates “windmills,” has promised to scrap offshore wind on “day one” if he won the 2024 election, and calls climate change a “scam.”
And now that he’s won, this is a direct threat to the US’s pledge to reach net zero by 2050. After all, federal policy directly impacts the pace of renewable energy growth, especially when it comes to incentives and research funding
Donald Trump will push fossil fuels and undo renewable energy policies, but it ultimately won’t stop clean energy’s momentum
Source: Electrek: Read The Article
PSR Analysis: The clean energy market isn’t solely driven by US federal policy. Over the last decade, solar, wind, and EVs have become more cost-competitive and popular. State policies play a huge role too, and many states are committed to their own clean energy goals regardless of who sits in the White House. Only time will tell the true impact of Trump’s victory. PSR
2024-11-13
For more information on the OEM products market, visit OE Link, the Power Systems Research proprietary OEM products database.
The 35th MOVIMAT show brings together the entire integrated logistics chain for Latin America. Held in conjunction with the 2024 Fenatran International Road Cargo Transport Show in São Paulo, Brazil, the event attracted a diverse range of exhibitors, including buyers from industries such as distribution, wholesale, retail, and e-commerce, as well as the latest integrated solutions focused on Industry 4.0.
Over the five days of the fair, MOVIMAT provided an opportunity to explore new product launches, establish connections, and gain deeper insights into the forklift segment, particularly in terms of production and sales levels.
Notably, there was significant attention on the rapid growth of Lithium-Ion battery technology in the region. The South America Power Systems Research (PSR) team attended the event to learn more about these developments and the companies that are making them happen. PSR
Heitor Greco Aguiari is Analyst – Industrial and Off Highway at Power Systems Research
2024-11-12
For more information on OEMs in the industrial products market, visit OE Link, the Power Systems Research proprietary OEM products database.
Fenatran is one of the largest transport and logistics fairs in Latin America. It is held every other year in São Paulo, Brazil. This year it was held Nov. 4 – 8 and, as usual, introduced significant launches in the road transport sector, focusing on innovation, sustainability, and connectivity.
This year’s edition featured 600 exhibitors, including 74 new brands, spread across an area of over 100,000 m²; more than 60,000 people attended. The Power Systems Research team in South America visited the show to monitor trends
2024-10-12
Randon showcased its innovations at two major global mobility fairs. At the IANA Intermodal Expo in the U.S., it celebrated delivering its first container chassis semi-trailer with the e-Sys system to the North American market. This sale was made through its subsidiary, Hercules Chassis, to South Carolina Port Authorities. Randon also participated in the IAA Transportation fair in Germany, where it focused on expanding exports from its U.S. subsidiary, especially targeting the African market.
Source: Press Release Read The Article
PSR Analysis: This announcement opens doors for Randon to increase its market penetration in the U.S. and possibly expand into neighboring markets such as Canada and Mexico. Success with this technology in one of the largest global markets can also enhance Randon’s brand recognition, credibility, and export potential, especially in regions that prioritize advanced and sustainable logistics solutions. PSR
Fabio Ferraresi is Director Business Development-South America for Power Systems Research
As India continues to embrace electrification across many sectors, agriculture stands as one of the next frontiers for transformation. Despite substantial progress in electric vehicles (EVs) for urban mobility, the Agricultural sector, particularly off-road machinery like tractors, remains largely unaddressed. Yet, with emerging technological innovations and government support, electric tractors are poised to revolutionize Indian farming.
Government Initiatives and the Current Landscape.India’s government has taken significant steps to encourage electrification in multiple sectors. Initiatives such as FAME I & II, the Production-Linked Incentive (PLI) scheme, and the Electric Mobility Promotion Scheme (EMPS) have propelled the EV market forward. By the end of FY2024, cumulative EV sales reached over 4.1 million units, primarily dominated by two-wheelers and three-wheelers. However, the agricultural sector remains an exception, with minimal progress in electrifying farming machinery.
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