Battery Electric Trends & Analysis

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.

Electric Boat Market Forecast To Grow by 12%

Michael Aistrup
Michael Aistrup

Gas-powered engines have been the backbone of boating since the advent of the internal combustion engine, but electric-powered boats could soon be claiming a significant share of the market.

Most of the fuel used in transportation is petroleum-based, but initiatives by many governments to reduce carbon emissions and to encourage consumers to adopt eco-friendly boats and ships is expected to boost growth of the electric boat market. The electric boat industry is still in early stages of development and there is a potential for growth.

Electric boats are defined as marine vessels with electric drive as propulsion. Electric boats can be only electric, hydrogen fuel cell electric, or hybrid electric.

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CONEXPO CONEXPO 2023 Features Hydrogen, Electric Equipment

Walking CONEXPO 2023, the giant international construction show in Las Vegas this month, it was obvious that OEMs are devoting huge amounts of resources to developing alternative power sources for their compact equipment.

Hydrogen powered units and battery packs were common and new products powered by alternative energy sources were popular with attendees. New technology was the name of the game at this year’s show.

However, there were several prototypes that were built only for the show, according to some exhibitors, and were not likely to be put into mass production anytime soon. In fact, one manufacturer told us, “This was manufactured for the purpose of the exhibition and is not intended for mass production.”

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Nikola Plans To Develop Hydrogen Fuel Network

The lack of a refueling infrastructure is one of the largest challenges facing H2 development, so Nikola plans to start building a hydrogen fuel network. The network would make it possible for H2-powered vehicles to refuel conveniently, particularly when those vehicles are the company’s own trucks.

The company has already started the construction of H2 plants in order to produce the H2 necessary to supply the hydrogen fuel network. Once those are in place and the refueling stations are built, it will become feasible for companies to begin including H2-powered trucks in their fleets.

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Has Battery Recycling Arrived Too Soon?

There is a recent report from the Washington Post with a scary title: “EV Battery Recycling Has Boomed Too Soon.” There aren’t enough used electric vehicle batteries to meet even 10% of the raw material demand for electric vehicles made in the US, the Washington Post says.

Meanwhile, the US already has more battery recycling capacity than it has batteries available to recycle, with more public and private battery recycling facilities planned or under construction. The Post concludes its report with this pithy statement: “Many of these investments are destined to fail. Those few that succeed will do so only by diversifying away from recycling, at least temporarily.”

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Lithium-Air Battery Could Offer Longer Range

Most owners of electric cars have wished for a battery pack that could power their vehicle for more than a thousand miles on a single charge, and Range Anxiety is a big issue for EV adoption. Researchers at the Illinois Institute of Technology (IIT) and U.S. Department of Energy’s (DOE) Argonne National Laboratory have developed a lithium-air battery that could make that dream a reality.

The main new component in this lithium-air battery is a solid electrolyte instead of the usual liquid variety. Batteries with solid electrolytes are not subject to the safety issues of liquid electrolytes used in lithium-ion and other battery types, which can overheat and catch fire.

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Subway Sandwiches To Add EV Charging Stations

Guy Youngs
Guy Youngs

In the August 2022 issue of PowerTALK, we reported that Tesla had deployed cube lounges at Supercharger stations with automated coffee, food, and even a swimming pool. Well, the Subway sandwich folks want to get in on the act, too.

Subway is teaming up with Miami-based GenZ EV Solutions to provide an “EV charging oasis” of the future so you can eat while your EV charges. Starting in 2023, “Subway EV charging oasis” parks with multiple spots, picnic tables, Wi-Fi, restrooms, green space, and playgrounds will be installed at select locations. As part of the plan, new or freshly remodeled stores will get small-format, fast EV charging stations.

Source: Electrek: Read The Article

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Alternative Power Report, March 2023

Hydrogen power continues to be a hot topic as an alternative power source, as you’ll see when you read the March 2023 issue of the Alternative Power Report from Power Systems Research. Development of the charging infrastructure is a hot topic, too, as we see with the article on Subway tying its sandwich shops in with charging stations. PSR

Alternative Power Report, February 2023

Read about the 240 ton electric mining truck that can charge in 30 minutes in the February 2023 issue of Alternative Power Report produced by PSR’s Guy Youngs. The same issue contains articles about Volvo’s electric concrete mixer truck and its wheel loader. Europe’s charging corridor will make driving easier for MHVs. PSR

Volvo Unveils Electric Concrete Mixer Truck

Guy Youngs
Guy Youngs

Best known for its world-class transport solutions, Volvo unveiled its first commercial electric truck –the Volvo FL Electric – in 2019, this was followed by the Volvo VNR Electric in 2020. Volvo introduced three 44-ton electric trucks this past September, some of the heaviest in its line up, bringing its portfolio to six commercial EV trucks, designed to cover everything from city distribution and handling to construction transport and regional hauling.

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From Diesel to DC

For a long while, it looked as if hydrogen fuel cells would be the technology of choice for emissions-free road transport. However, truck manufacturers and freight forwarders recently turned their attention to battery-electric vehicles.

For logistics companies, the shift to zero emissions will be difficult. While it only takes a few minutes to top up the tank of a truck with diesel, it takes hours to fully charge the battery of an EV, which presents a real challenge for logistics businesses with zero-emission aspirations.

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