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Kia is pursuing its own EV strategy centered on specific applications such as delivery vehicles and cabs. The company is jointly developing delivery vehicles with Korea’s largest online retailer, Coupang, and customer specific EVs will account for 1 million of the 1.6 million EV sales target for 2030. A dedicated plant will also be built in the suburbs of Seoul.
The company and Coupang will develop vehicles with increased cargo capacity and refrigerated and frozen interior equipment, with the assumption that only one driver will be on board. Coupang will have its own distribution center and delivery vehicles for high-speed delivery and will hire drivers directly. Coupang has indicated that it plans to operate 10,000 EV delivery vehicles in the future.
Weichai Power and BYD have agreed to jointly produce power batteries in Shandong, and to cooperate in programs to develop EV commercial vehicles. On May 23, the companies signed an agreement to build a research and development and manufacturing base for power batteries, continuously strengthen the new energy industry chain, innovation chain, and value chain, and make positive contributions to promoting the industrialization development of China’s new energy commercial vehicles.
Weichai Power is the largest manufacturer of diesel engines in China. Since 2010, Weichai Power has set a strategic goal of leading the global industry development in the new energy business by 2030. Weichai Power has invested more than 4 billion yuan in this effort. It has strategically restructured the Canadian Ballard hydrogen fuel cell, the British Siris solid oxide fuel cell, and the Swiss rapid air compressor, developed the first hydrogen internal combustion engine heavy truck in China, comprehensively laid out the three technical routes of pure electric, hybrid power, and hydrogen fuel cell, and dispersed the risks brought by the uncertainty of industrial development with the investment strategy of coexistence of multiple technical routes.
Nouveau Monde Graphite Inc. (NMG) and Caterpillar Inc. have signed agreements to provide a zero-exhaust emission fleet, supporting infrastructure, and service for NMG’s Matawinie Mine. Caterpillar will supply heavy mining equipment to transition from traditional models to Cat zero-exhaust emission machines.
Additionally, a non-binding memorandum of understanding (MoU) has been signed between the two companies to advance commercial discussions targeting NMG’s active anode material.
With the increasing penetration of the Compressed Natural Gas (CNG) network across India, many cities may transition from conventional diesel-powered vehicles to CNG for the last mile.
Liquefied Natural Gas (LNG) could be a favorable option for heavy and long hauls due to its higher energy density and hence a lower payload penalty and potential range, a lower carbon footprint/noise levels and its cryogenic temperatures which makes it a theft-proof fuel option.
At the same time, the use of HPDI (High-Pressure Direct Injection), a system that enables heavy–duty trucks to operate on natural gas with diesel- like performance would also aid in the switch to LNG.
As part of the strategy of accelerating the use of technologies that use renewable sources, Vale received at the end of March its second 100% electric locomotive, powered by battery. Manufactured in China by CRRC Zhuzhou Locomotive (CRRC ZELC), the equipment will initially operate in the maneuvering yard of the Ponta da Madeira Terminal in São Luís (MA). Its batteries, made of lithium, have a storage capacity of 1000 kWh, with autonomy to operate up to 10 hours without stops for recharging.
CRRC’s locomotive is part of Vale’s strategy to electrify its mine and rail equipment. The two areas account for 25% of the company’s direct carbon emissions, the so-called scope 1. In 2019, Vale announced the goal of zeroing its net emissions of scopes 1 and 2 (relative to electricity consumption) by 2050. To this end, it is investing between US$ 4 billion and US$ 6 billion.
Beijing Foton Motors and Cummins said they will further strengthen their strategic cooperation in the Southeast Asian region and sign a joint investment agreement with the Foton Cummins Thailand engine factory to provide powertrains for the Foton Zhengda vehicle base and Southeast Asian business.
This signing would mark a further strategic cooperation between Foton Motors and Cummins, targeting a wider range of regional markets and providing more diversified power solutions to global customers.
As a global emerging economy, ASEAN (Association of Southeast Asian Nations) has become one of the regions with the greatest development potential in the world. In recent years, Foton Motors has had significant business expansion in Southeast Asian countries including Thailand, Malaysia, and the Philippines. Their market share has gradually increased in trucks, buses, and other specialized vehicles, and they have built their reputation in the local market.
A 240-ton mining haul truck is being fitted with a 1.4 megawatt-hour (MWh) prototype battery system that global green energy company Fortescue has developed with equipment maker Liebherr.
UK-based engineering company WAE Technologies, (acquired by Fortescue in March 2022), completed and delivered the battery system to Fortescue’s workshop in Perth, Australia. The battery will be assembled and installed in the mining haul truck before it’s transported to the Pilbara in Western Australia for onsite testing this year.
The battery system marks several firsts for an electric mining haul truck battery: In addition to having energy storage of 1.4 MWh, it also has the ability to fast-charge in 30 minutes, and it can regenerate power as it drives downhill.
PSR Analysis: This is a good view of the potential for all mining trucks, but it should be noted that a lot of these huge mining trucks are diesel-electric to start with, (a diesel generator powering electric drives), so this is a matter of replacing the generator with the battery pack. They also can recharge on the way down, so the battery size can be relatively smaller. PSR
Guy Youngs is Forecast & Adoption Leadat Power Systems Research
Hitech Electric to produce 100% electric LCVs by March, with sales plans of 1,000 vehicles per year. In partnership with Positivo Tecnologia, (and its corporate venture capital (CVC) program) the assembly line will start with 50 units per month and possibly expand to 100 in the short term. The plant will be located in Campo Largo, Parana.
The vehicles will have a powertrain and battery produced by WEG, the Brazilian Electric equipment manufacturer. The batteries will feature non-flammable lithium iron phosphate. Product lineup includes a last mile utility vehicle and a 1.2-ton light truck.
Daimler Truck and Deutz have entered a strategic partnership to manufacture engines. Under the plan, Daimler Truck acquires 4.19% of the shares in Deutz AG, in return for which Deutz pays for access to Daimler Truck internal combustion engines.
The move is a consequence of Daimler’s decision to stop investing in the development of their medium duty engines (MDEG Series) from 5.1 to 7.7 Litres. At the same time, Deutz will be able to access Daimler technology and further develop it for off-road applications, such as construction and agriculture machinery. The heavy-duty engines will continue to be manufactured by Daimler Truck at the Mercedes-Benz plant in Mannheim and be delivered to Deutz to complete the engine system. Production of the medium-duty engines is expected to take place at Deutz in 2028.
A joint venture between South Korea’s Hyundai Motor and Vietnamese conglomerate Thanh Cong Group has started operations of an automobile plant in the northern Vietnamese province of Ninh Binh.
With an annual production capacity of 100,000 vehicles, the combined annual production capacity with the existing plant will reach 180,000 by 2025. The company will ship domestically as well as to neighboring countries. The new plant, operated by the joint venture Hyundai Thanh Cong, will have an investment of 3.2 trillion dong (about 18 billion yen). The plant will cover an area of approximately 50 hectares and include a test driving course.
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