New Battery and Energy Storage Technology
Learn more about the latest in new battery technology and discover the next generation in battery and energy storage with expert analysis by Power Systems Research analysts.
-
Second FAME II Incentives May Spur EV Demand
Aditya Kondejkar The amendments to the FAME-II electric vehicle policy were rolled out in the last month and manufacturers have lauded the efforts in adopting EV mobility in the country.
Source: Financial Express. Read The Article
The government partially modified the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II. Further, it has included an additional demand incentive for electric two-wheelers to ₹15,000 per KWh from an earlier uniform subsidy of ₹10,000 per KWh for all EVs, including plug-in hybrids and strong hybrids except buses.
This decision will increase subsidies for such vehicles by 50% under the FAME II scheme and be a game-changer in adopting EVs.
-
South Korea’s SK and LG to Build EV Battery Plant in the U.S. Joint Venture in the Gap between U.S.-China Conflict
South Korean automotive battery giants are moving into the U.S. market, with SK Innovation teaming up with Ford and LG Chemical with GM to promote the construction of an automotive battery plant. SK plans to invest about 300 billion yen in the plant to produce 22 gigawatt-hours of automotive batteries, enough to power 220,000 EVs a year, and in a joint venture with Ford, the two companies will invest 600 billion yen to build a giant 60-gigawatt plant.
SK’s annual production capacity as of 2019 is only 5 gigabytes at its Korean plant. The capacity is expected to increase to 30 gigawatts in 2020 with the launch of plants in China and Hungary, to 85 gigawatts in 2023 with the addition of the US plant, and to exceed 185 gigawatts in 2025 with the addition of the joint venture with Ford. SK, a late entrant to the market, ranks sixth with a 5% share of the global market in 2020.
-
ENGIE EPS Acquisition May Create Euro-Asian Powerhouse
Erik Martin TAIPEI–The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalized and completed in July.
The deal, which was announced in April, saw the Italy-headquartered stationary storage and e-mobility solutions subsidiary of French multinational Engie taken over by TCC subsidiary Taiwan Cement Europe Holdings.
What both parties get out of the deal
In a press release, TCC said it has now become a “major player” in electric vehicle charging infrastructure as well as its newly acquired capabilities in building large-scale battery storage systems and microgrids.
-
Taiwan Pushing into Next-Generation EV Battery Development
Erik Martin TAIPEI. As electric vehicle (EV) development becomes a global effort, batteries that play a vital role to EVs’ cost-performance ratios are a focus to manufacturers with ambitions to expand in the EV market…
Taiwan’s battery industry may not be backed by well-known brands and abundant natural resources. Nevertheless, a large part of Taiwan-based battery suppliers have been assembling battery modules for Taiwan’s ICT industry. For example, Simplo, Dynapack and Celxpert with a long-term focus on manufacturing battery modules for consumer electronics such as notebook only started to set foot in EV battery solutions in recent years…
-
Rio de Janeiro Plans 100% Electric Buses by 2050
Fabio Ferraresi The Mayor of Rio de Janeiro has announced a package of alternative power measures and goals with two important milestones for 2030 and 2050. Here are the main goals affecting the mobility and transportation industry:
2030
- Replace 20% of Public Service of Bus Transportation by Zero Emission Vehicles.
- Reduce by 10% the average time of commuting by public transportation.
- Increase by 400% the number of trips by bicycle.
- Reduce by 20% the emission of GHG.
- Reach 100% of city regions with selective refuse collection.
2050
- Neutralize GHG emission
- 100% of the Transit Bus Fleet is Electric.
Source: Diario do Transporte Read The Article
-
Hydrogen Fuel Cell Truck Happenings in Europe
Chris Fisher We have heard during the past few years that battery electric commercial trucks will ultimately replace the diesel-powered internal combustion engine for commercial trucks. At some point in the future this might be true for short and regional haul freight carriers, but what about the long-haul heavy truck segment?
Currently, the lack of charging infrastructure, range anxiety and the extreme weights associated with the batteries will be a significant deterrent to mass adoption of long-haul battery electric trucks.
-
CTT Bauma Moscow Shows Growing Optimism in Russian Construction Market
Maxim Sakov The CTT Bauma trade show is main event of construction industry in Russia. Since 2017 it’s owned and operated by Messe Munich. The show was conducted this year in Moscow May 25-28 in its usual place, the Crocus Expocenter. Last year, the fair was off because of the COVID pandemic, but this year we saw that both the exhibition and construction industries are showing a growing trend. The fair’s indoor exposition was restored to three pavilions, and the outdoor exposition also grew in size versus 2019. There were 351 exhibitors from 17 countries, somewhat better than last time. A total of 184 brands were represented.
Here is, however, one unpleasant factor. Most of the international OEMs did not participate in the fair this time. Wirtgen, Volvo, Cummins, Caterpillar, Ammann, Hyundai, Renault, Komatsu machines were missing from this fair. John Deere, Doosan, Kato, and some other brands were limited, having only small booths, set by the local dealers. Many Russian machine makers, who usually participate in the fair, also ignored the event. Among them – GAZ, Chetra, DST-10, Chelyabinsk Tractor Plant, YAMZ.
-
Rosatom Eyes Battery Production for Electric Cars in 2025
Maxim Sakov OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company.
According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr
The batteries will be installed in trucks, buses and special machines.
PSR Analysis: It’s important to notice that there are no passenger…
-
Japanese OEMs Agree on Battery Specs for Electric Motorcycles
Four Japanese motorcycle manufacturers, Honda, Yamaha, Suzuki and Kawasaki, said they have agreed to share the same battery specifications for electric motorcycles. By sharing the same removable replacement battery, they will increase convenience. The battery charger to be developed in the future will also be standardized.
For small scooters, it is difficult to increase the size of the battery to extend the cruising range due to the small size of the vehicle, and thus the frequency of recharging is…
-
China and South Korea Increase Investment in Indonesia
Akihiro Komuro China and South Korea are increasing their investments in Indonesia. According to BKPM (Indonesia’s Investment Coordination Agency), China (including Hong Kong) accounted for $8.4 billion in foreign direct investment (FDI) in 2020, up 11% from the previous year, and South Korea accounted for $1.8 billion, up 64%.
Japan, which has been the driving force behind investment to date, has seen a clear decline of 40% to $2.6 billion. Singapore ranked first in FDI in 2020 with $9.8 billion, followed by China and Japan in second and third place, then the European Union in fourth place, and South Korea in fifth place.
Alternative Power Report
EV and power source news including batteries and fuel cells with analysis by PSR experts
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe