Dropped sales for Dump and mixer truck...67% decreased compare to August 2017Strict regulation for business license plate…trade is forbiddenPremium for license plate for dump truck is doubled up less than 2 monthsPlunged, as the word itself, sales for dump and mixer truck is rapidly decreased on August. On 2016, Dump trucks sales was booming and since then, sales records keep 230 units per a month by average until July. But, on August 2018, dump truck sales records make only 82 units. Mixer truck sales also decreased as same as dump truck. Why?On 2016, Dump and mixer truck demands were go crazy. Sales increased from 3,000 units to 6,000 units by annual. On August 2018, it also changed dramatically, but it’s direction is going to decreased. This time, government is making the issues.■ Dump truck sales going 230 units to 82 units According to statistics from Ministry of Land and transportation, new registration for dump and mixer truck on August was 134 units. It is less than a half records compare with monthly average from January to July on 2018. It drops in a months.■ Government controls supply, market is freezingCurrent situation is leaded by government intervention. From 1st of August, administration strengthen the registration protocol for dump, mixer and concrete pump trucks.So far, it was possible to sale vehicles and license plate in separately. But from August, if someone buy dump truck for personnel purpose and change to business purpose and want to buy license plate for business, previously registered vehicle which attached business license plate must be scraped or exported.According to change of rules, premium for license plate for business is increased and also hard to find out vehicle which suitable conditions possible to remove business license plate.On market, it is recognized price of business license plate for dump truck is increased over doubled up. And it is more hard to get available license plate. Relatives said “government want to control number of dump trucks which is too much in market. But this is unfair policy because it is against the rules of economy order.”■ Side effects, conflict of marketIt is understandable to government’s decision on some points. But there are some side effects by policy. This policy makes hard to join the new player on dump and mixer truck market. And it makes reflect benefits to preexisted operators. Also, as hard to get business license plate, illegal business could occurred with personnel license plate ad it has risk for harm the market order.
8 brands struggled on market, Chinese brands has advantages so farBYD and Zhongtong make significant results, but with some issues(Hyundai, 'Elec-city')Seoul city will introduce EV bus on city bus lines with 29 units before end of this year and suppliers are also have been decided. Hyundai(14 units), Edison motors(5 units) and Higer(10 units) is the blessed manufacturers and those EV buses will be operated on Seoul city by 4 city bus lines.Seoul city’s adoption for EV bus will be a signal to other local governments and it is expected to spread of EV bus in Korea widely. ■ 51 units of EV bus is registered until July of 2018. Expected over 100 units will be registered before end of 2018 According to confirmed sources, 51 units of EV bus is registered until July of 2018. Jeju and Kimpo city has largest number as 20 units each.Seoul city will adopt 29 units before end of 2018 and Incheon will adopt 10 units. Other local governments also have plans to adopt EV bus before end of 2018.If plans are successfully carried out, almost 100 units of EV bus will be registered in Korea on 2018.(HIger's Korean model, 'Hypers')■ Suppliesr, who is laughing? 41 units of EV bus were Chinese brands among the 51 units of registration. Daewoo, one of the famous domestic brand, has zero records and it is shocked because Daewoo is No2. Bus manufacturer in Korea and they had been sales lot of diesel buses until now. Hyundai and Edison motors also have some meaningful sales records, but it could not satisfy their reputation. Foton is one of the earliest launching brands in Korea. Recently has some issues with dealership in Korea with various corporations. They sales 4 units to Gangneung city, but there is no sales record on 2018 so far. Higer sales 2 units to Changwon city and they also they have the preference on Seoul city with 10 units. It is significant signal because they will be operated on capital city. ■ BYD, Zhongtong have some issues Most largest sales records is going to BYD and Zhongtong with 20 units each.It looks like successful numbers, but both companies have some issues. BYD sales Jeju with eBUS-7(15 passenger EV bus) for 20 units on April. But after that, they continuously failed to selected on competition such as Incheon, Daejeon and other cities. Even for Daejeon, BYD selected for test operation brands, but recently it is canceled with unclear reasons. Zhongton is not so famous brands so far in Korea. Zhongtong has been made sales records only one bus company, Sun-jin in Kimpo city.It’s Korean dealer company has history with other Chinses brand, Evic. It also sold only by Sun-jin. Yet, Zhongtong is unproved on Korean market. (BYD's famous model, 'eBUS-12'. Yet, has zero sales records in Korea)■ Who will be the winner?Currently, 8 brands are struggled in Korean market, but so far, there is no winner showed up.Relatives expect after Seoul city adopt of EV bus and watched reliability and functional performance of buses, other local governments will be made a decision.
Fist mid-size low floor EV bus in KoreaBase model is from SKYWELL, Chinese bus makerHomologation is started and goal to launch before end of 2018KEVCOOP is cooperative of Korean car industry companies and they showed up mid-size low floor ev bus as first time in Korea. DPECO is one of members from KEVCOOP and DPECO was lead this project from the beginning. CEO of bus companies invited on the ceremony and they get lot of impression from the model.■ ‘HU-SKY HS85’, first mid-size low floor ev busNew model is named as ‘HU-SKY HS85’ and it developed from base model from SKYELL, one of the famous Chinese bus maker. Length is 8.5M and adopted LFP battery. It also installed motor from Prestolie, USA brands and other global major parts distributor is used. ‘HU-SKY HS85’ can drive 140km per one charge and 129kWh of battery storage. Relatives said “We have plan to launch before end of this year. It is 1st mid-size low floor bus in Korea and we hope it can help disables who using public transportation. Hu-SKY HS85 is also ev bus, so bus company will get benefits from operating ev bus and subsidy also can expect from local governments.”For now, ‘HU-SKY HS85’ can get almost 600,000 USD of subsidy from government for adoption of ev bus and from 2020, can estimated get another 600,000 USD of subsidy for adoption of low floor city bus.
3 brands of 1.3T~1.5T cargo van launched in KoreaIn Korea, cargo van has limited market until now because there was no suitable model and versatility of 1T cargo truck.But, according to customer’s needs is getting grow such as safety, comfortability and low pressure from driving, demands for cargo van is start to increase.Since 2015, Hyundai launched cargo van model first time in Korea with ‘Solati’, it sales 882 units on 2017. On September of 2018, IVECO launched new cargo van model ‘New Daily’ in Korea and Renault also will launch cargo van model ‘Master’ on this October. Both model will show up chassis base model, and it can modify to variety of special purpose commercial vehicles. Cargo van is getting interested from customers easy on using in urban roads and convenience of loading and unloading. Market relatives expect cargo van market will grow rapidly and has specific position in Korea.And those newly launched cargo van model also have passenger van model. Passenger van market is much bigger than cargo van market and it is monopolized by Hyundai with sole model(Starex). It might be a big opportunity if they success to get trust and reliability on cargo van market. Hyundai cargo van 'Solati'IVECO cargo van 'New Daily'Renault cargo van 'Master
DONGIN THERMO is specialized in refregerating machines in commercial vehicle industry of Korea.This company is manufacuring in various of commercial vehicles for with refregerating machines such as transportation for chilled cargo.DONGIN THERMO is established in 1989 and one of longest history on Kroean commercial vehicle market. Lot of major logistic corporations using DOGIN THERMO's products.Company made a contract with DENSO and has a right for dealership in Korea for DENSO products.Company webpage : http://dthermo.ivyro.netCompany contact : +82) 32-565-9151
Nwerly launched 9.1m / 8.8m high power 14t truck on Sept.Increase load space and output, maximize profit for userTATA Daewoo newly launched new model called ‘New-Prima’ truck in Korea on September, 2018. TATA is currently focus on cargo truck market and consistently launched new line up on segments.They launched new 8.8m cargo truck, ‘Prima’ on last October and this time, launched ‘Prima High power’ truck which extended cargo box into 9.1m. According to changing situation of cargo truck market, ‘Prima high power’ model adopted chassis and axle from large size model and it make maximize capability of transportation. Also installed sleeper cab. ‘Prima high power’ is suitable for heavy weight transporter with needed high horse power such as wing-body cargo truck and tanker. Convenient options are also can be supported same as flagship models like 25t cargo. 8.8m cargo truck
Aggressive marketing with ‘A/S policy’ beside the ‘high quality’ISUZU, one of famous global commercial vehicle manufacturer now focus on Korean market with their own 3.5t model ‘ELF’ truck.It is been just a one year since ISUZU has launched in Korean market and still now, it can be estimated as successful.Curo Motors, domestic dealer in Korea, has expand A/S policy to support extended sales numbers and heighten quality of service. As a part of such policy, Curo Motors carried out ‘2018 summer service camp’ promotion inclusive support free inspection event on nationwide. Besides with policy, Curo Motors established 17 places of Service center on major logistics base within a year.Mr. Min Byeong-Kwan, CEO of Curo Motors, said “We will keep on focus to support our customers which are keep on increasing. We also have plan to expand our service networks for customer’s satisfaction and maintain optimal performance on customer’s vehicle.”
Showed up 1.5t commercial van and 3.5t chassis modelSales price is from $47,000 to $57,000Plan to launch 3.5t van and mini bus model on 2019IVECO, famous commercial vehicle brand from Italy finally launched own commercial van line up ‘New Daily’ in Korea on 4th of September, 2018.CNH Industrial Korea, Korean branch of Iveco had ceremony for launching event on Incheon, Korea.CNH Industrial Korea now has a mid-size commercial vehicle line up with other models such as tractor, dump truck and mid-size cargo truck. It can be helpful to spread IVECO’s influence on Korean commercial vehicle market.‘New Daily’ is a famous commercial van model in global and showed up as first time on 2016 in Europe. Korean model is 3rd generation model.In Korea, it showed up as 1.5t commercial van model and 3.5t chassis can possible to modify into variety of commercial specially equipped vehicle.‘New Daily’ has options for wheel base 4.100mm and 4,350mm and also can choose between manual transmission and automatic transmission.Company officials said they will release double cap model in the future and has a plan to launch 3.5t commercial van and mini bus until end of next year.8-speed automatic transmission ‘Hi-Matic’, which first applied on same level
Volvo now has largest number of A/S center among the imported brandsRecently, Volvo truck Korea has open ceremony on their 30th A/S center in Kwang-yang city on 24th of August.New A/S center will offer called as ‘one-stop service’ from general repair to painting. Mr. Kim, Young Jae, CEO of Volvo truck Korea said “New A/S center is opened for response customer’s needs which increasing in south reign. Volvo truck Korea will keep focus on customer’s benefit and offering high quality of service.”Volvo truck Korea has been offer night time maintenance service since 2016 and it is first time among the truck brands in Korea. Now Volvo truck Korea provide night time maintenance service on 13 A/S networks in Korea.
Test on 40km length of highway including keep on track, passage tunnelProved Hyundai can make 3rd level of technologyDeveloping crowd driving and fully autonomous driving technologyHyundai succeed on test autonomous driving system on commercial vehicle. It is first time to tried in Korea. This test is carried out on 40km length of highway using with 4oT of Hyundai trailer truck. Test has been processed according to level 3 regulation from SAE(American Society of Automotive Engineers).Level 3 has standards with possible to avoid obstacles and keep on driving track during the operation. Driver can intervene when critical danger situation.Hyundai has test with actual transportation materials for considering in real situation. Test has been successfully operated including keep on driving track and change track, recognition of movement of vehicles in front and stopping ability depending on change of traffic environments. During the test truck has been keep on speed limit on 90km/h.Company officials said “We proved we can make logistics innovation with this technology. We expect level 4 autonomous driving technology also can be achieved in soon.”Hyundai announced will develop crowd driving technology until 2020.