Showing posts with label #automobiles #Carlifestyle #carlife #carowners. Show all posts
Showing posts with label #automobiles #Carlifestyle #carlife #carowners. Show all posts

Friday, 9 August 2024

Solar tonneau cover from Worksport ready for production

Solar tonneau cover from Worksport ready for production

US-based company Worksport is ready to move into full production following successful testing its solar tonneau cover solution for electric trucks (bakkies), able to generate 680 W of power depending on the weather and the size of the pickup bed.

Pilot production of the Solis solar tonneau cover is currently underway at Worksport’s advanced manufacturing facility in Western New York, utilising fully tooled, production-ready components. This facility is set to become the central hub for both the Alpha phase and full-scale production of the Solis system.


The initial release of Worksport’s Solar Truck Cover and COR portable energy system is scheduled for later this summer, targeting several high-growth, billion-dollar markets.

Cutting-Edge Technology

Proudly developed in North America, the Solis system is set to redefine performance and user experience in the portable energy sector, positioning Solis as a game-changer for truck owners and the broader recreational market.

Steven Rossi, CEO of Worksport, commented: “The COR & Solis system operates as a powerful clean-tech nano grid, generating a substantial amount of power each hour. Our tests reveal that the system can charge up to 45 iPhone 14 devices per hour, delivering clean energy directly from the sun.

“The Solis tonneau cover is an ideal solution for pickup truck owners as it allows users to power campsites, tools and even appliances, effectively transforming their trucks into versatile power stations.”


Revolutionising Portable Energy

The Solis system forms a key component of the Worksport COR ecosystem. Through the integration of Worksport Solis and MPPT, optimal energy harvesting and seamless cloud integration have been successfully tested, allowing for the exchange of information via embedded power converters.

The Solis and COR systems will be paired with a state-of-the-art mobile app, offering users real-time insights into power usage and generation. This innovative approach opens up significant market opportunities for the Worksport COR ecosystem.


Rafael Oliveira, Worksport's designated CTO, stated: “By harnessing smart technology, Worksport aims to track solar power generation across all Solis covers, making this data accessible to both users and investors. This capability presents numerous benefits, including potential carbon credits, continuous feedback for our R&D, and demonstrating the exceptional energy potential of our products globally.

“The prospect of having hundreds of thousands of Solis units on roads worldwide, creating the largest portable solar microgrid network, is very real. With live data collection, we can gather invaluable insights into solar irradiance, weather conditions, and solar efficiency in various locations – and monitor our eligibility for carbon credits.”

Images: Supplied


https://bit.ly/3SGQm6C

Monday, 29 July 2024

Shifting trends in the South African car market

Shifting trends in the South African car market

The preferences for motor vehicle segments and body shapes in South Africa are undergoing significant changes, potentially marking a permanent shift. As the market grapples with new realities, even long-standing favourite brands are facing challenges.

Over the past 15 years, South Africa’s motor retail industry has been shaped by slow economic growth, inadequate infrastructure, political instability, and a series of global shocks.

"These include the 2008 financial crisis and the Covid-19 pandemic in 2020, both of which had severe economic and social impacts. More recently, Russia’s invasion of Ukraine and conflicts in the Middle East have heightened global political tensions and hindered economic activity," says Paul Marshall, managing director of Lightstone Auto which analysed the data and produced the graphs.


Globally, car sales rose to approximately 75,3 million in 2023, up from around 67,3 million in 2022. This growth reversed the declining trend seen during the economic slowdown of 2020 and 2021. Supply chain disruptions caused by Covid-19 and geopolitical conflicts led to shortages in the automotive semiconductor industry. Despite these challenges, 2023 sales exceeded pre-pandemic levels and are expected to continue rising through 2024, according to Statista.

"Both global and local factors influence consumer behaviour in South Africa, and the outlook for sales is less optimistic compared to other international markets," adds Marshall.

In 2009, South Africa recorded 393 405 new vehicle sales, the second-lowest in the past 15 years, just above the 389 205 sales in 2020 when Covid-19 struck.

Although the market recovered post-2009, reaching more than 600 000 annual sales between 2012 and 2015, consumer demand weakened before the pandemic, dropping to 536 604 in 2019. Currently, sales have rebounded to similar levels (531 787 in 2023), with further growth dependent on an improving domestic economy.

There are indications of potential interest rate relief from the South African Reserve Bank this year, although government policies may shift following the 2024 election results. Until then, consumers are likely to remain under financial pressure and continue to opt for more affordable vehicles.

Market Dynamics: Brands, Body Shapes, and Segments

Economic challenges may dampen consumer spending, but lifestyle changes and resilience are driving new purchasing trends in South Africa’s car market.

Toyota and Volkswagen remain the top brands, but the competition is heating up. Suzuki surged to third place in 2022, overtaking Hyundai, which had moved to third just a year earlier. Renault and Kia have also entered the top 10, with Renault in seventh place since 2014 and Kia in eighth since 2016. New entrants like Chery and Haval, offering more affordable options from China and South Korea, are also making their mark.


"Interestingly, BMW and Mercedes-Benz have fallen out of the top 10, and as the quality of more affordable vehicles continues to improve, these shifts could become permanent," he says.

Preferences for body shapes are also evolving. The Crossover/SUV segment, which accounted for about 13% of the market in 2009, has steadily grown to become the top choice by 2020, reaching 35% of the market in 2023.

This trend reflects consumers’ concerns about road safety and a preference for more robust vehicles that offer better protection and navigation on pothole-ridden roads. The Double Cab One-ton Pick-up has also seen consistent growth over the past 15 years, becoming the third top seller in 2023, further supporting this observation.


https://bit.ly/3WRwBMl