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.
In a bid to promote electric mobility in India, the Indian government now permits sales of EVs without a battery. This step has been taken to reduce the upfront cost of EVs, since the most expensive component in an electric vehicle is the battery pack (which accounts for 40% cost of the total cost). Read The Article
Aditya Kondejkar
PSR Analysis: We anticipate that electric 2 and 3-wheelers will be the first segments to benefit from this move. This move by the central government will support the FAME-II program and the Delhi government’s latest EV policy, aiming for 5 lakh registrations of EVs in 5 years.
As the upfront cost of the electrical 2 and 3 wheelers will be lower than their ICE counterparts when registered without battery, it will be more attractive to consumers. However, implementation will be critical for the success of this move. As lack of infrastructure was one of the key reasons for customers not opting for EVs.
To continue to promote the deployment of electric vehicles in Taiwan, Taiwan Audi officially entered the pure electric vehicle market at the end of 2019 and launched the “E-tron Future” reservation project.
Erik Martin
To meet the pure electric future, Taiwan Audi has joined hands with strategic partner Noodoe to accelerate the deployment of Taiwan’s charging network. Evaluating home charging station installation and a cloud-based charging operating system paired with Taiwan Audi’s charging solution aims to realize a pure electric mobile life.
From north to south, Taiwan spans only about 500 kilometers. At the same time, the main population centers are concentrated in the seven largest metropolitan areas. These cities–while clearly defined–are connected by a comprehensive road network that provides excellent advantages in the development of electric vehicles. Audi has been actively promoting the deployment of electric vehicles in Taiwan since last year. It is expected to introduce the first electric vehicle model ─ Audi e-tron – before the end of 2020 with a battery life of 417 kilometers (WLTP). Through the 150kW fast charge mode, it can be charged in 30 minutes to 80% power.
By August 12, after 20 days of product launch, SGMW’s MINI EV will hit a sales record of 15,000 vehicles, making it the world’s fastest car model reaching the threshold of 10,000 units.
PSR Analysis: Consider BYD’s electric bus, SGMW’s MINI EV, as well as premium car brands like Tesla: These traditional and emerging automotive OEMs are reformulating rules of the auto game, with their own proprietary technology.
As a matter of fact, it’s not just the automotive market that needs to brace for the impact of electrification, the off-road market also is trending toward electrification. The changing markets include passenger car, light commercial vehicle, medium and heavy duty vehicle, forklift, and lawn mower. Will this wave continue to expand to other off-road applications? How much more will it change the rules of the game? PSR
Qin Fen is Business Development Manager for Power Systems Research
German construction machine manufacturer Wacker Neuson has introduced a new product to their electric range. The EZ17e is an electric zero tail mini excavator with lithium ion batteries and flexible charge management.
Emiliano Marzoli
The machine can be charged both with household 110v plugs or with a 415 volts quick charging point. In the latter case only four hours are required to complete the charge.
According to the OEM, one battery charge can last a full workday. In addition, it is possible to charge the machine on site while idling. The machine allows monitoring of the power supply of the construction site to make sure it is not overloaded.
BP’s action might be a pivotal moment where the green revolution stops being something, we are all dragged into and starts being an opportunity for the most responsive and agile innovators to rebrand themselves and capture new markets.
Tyler Wiegert
For many people, the moment when COVID-19 became real was when the NBA announced the cancellation of the rest of its season. I was sitting at the counter of the coffee shop in the lobby of my Las Vegas hotel at CON-EXPO. My colleagues and I had been talking for a couple days about the odds of catching the virus at the show, but we all had made the decision that we would be ok attending.
And then we saw that announcement. By the end of the day, we had all decided to go home as soon as possible, and the show had announced it was ending a day early. As a 26-year-old who just caught the tail end of the millennial generation, there haven’t been a lot of things in my memory where I can look back and say, in the moment, it felt like things were different now. I was too young to remember 9/11, and I wasn’t politically engaged enough to understand what the first African-American president meant historically. But this morning as I was catching up on the news and thinking about the subject of this article, I read that BP had made an announcement about a major environmental initiative, and as I read it, I had a feeling like at that coffee bar in Las Vegas.
Do you expect a sharp slowdown for truck purchases in October due to the possible resurgence of the Coronavirus this fall?
Chris Fisher
PSR Analysis: At this point, no. The “shock and awe” of the pandemic appears to be well behind us. During the past few months, commercial truck demand has stabilized albeit at a low level but continues to improve.
Recent surveys have indicated that trucking conditions are improving. The biggest threat to the health of the industry would be a further lockdown of the economy which would cause trucking conditions to slow but would not likely upend the market. However, we do believe it will take a further 18-36 months for the economy to return to a pre-virus level.
To continue to promote the deployment of electric vehicles in Taiwan, Taiwan Audi officially entered the pure electric vehicle market at the end of 2019 and launched the “E-tron Future” reservation project.
Erik Martin
To meet the pure electric future, Taiwan Audi has joined hands with strategic partner Noodoe to accelerate the deployment of Taiwan’s charging network. Evaluating home charging station installation and a cloud-based charging operating system paired with Taiwan Audi’s charging solution aims to realize a pure electric mobile life.
From north to south, Taiwan spans only about 500 kilometers. At the same time, the main population centers are concentrated in the seven largest metropolitan areas. These cities–while clearly defined–are connected by a comprehensive road network that provides excellent advantages in the development of electric vehicles.
South Korea’s Hyundai Motor announced on July 6 that it has begun exporting commercial hydrogen fuel cell vehicles (FCVs) to Europe. The company shipped 10 trucks to Switzerland, and it plans to export 1,600 units by 2025 using a long-term lease contract system.
Akihiro Komuro
Hyundai has set up a joint venture company to build a hydrogen infrastructure in Switzerland; it also plans to develop hydrogen stations and other infrastructure in cooperation with a local company. They plan to use Switzerland as a base for expanding their exports throughout Europe.
The South Korean government is also focusing on the spread of the hydrogen-based society and will appeal to the governments of other countries. The trucks exported this time will be used by the food distribution industry. The route for these trucks is fixed, making it easy to set up the infrastructure for refueling.
In July, MIIT (Ministry of Industry and Information Technology summoned a meeting with local governments, industry associations and automotive companies on battery switch-on implementation. People attending offered thoughts on implementing battery switch-on operations, sharing recommendations for policy and discussing challenges of proposed actions.
PSR Analysis: Electric vehicle development is facing several different technology road maps. While the automotive industry prefers plug-in and charging, grid companies are more inclined to favor the battery switch-on mode based on grid reliability.
Such debate is good for advancing electrification in the auto industry, it is vital to have all participants’ input before promoting electric vehicles on a larger scale. PSR
Qin Fen is Business Development Manager – China, for Power Systems Research
The Current Status of Electric Commercial Vehicles
During the past decade, PSR has followed the progress of alternative fuels and technologies such as gas and diesel hybrid, natural gas, and electric along with other renewable fuels. To date, alternative fuels have been relegated to more niche segments and have not penetrated the larger end of the market.
Chris Fisher
Segments such as transit and school buses along with short distance segments like refuse have been the primary adopters of natural gas since they tend to be close to their terminals for refueling and recharging. The bus market along with pickup and delivery trucks are the target segments for electric vehicles in the near term.
Late last year, Amazon placed an order for 100,000 light commercial “Prime” vans from Rivian that will likely be the beta test for the viability of light electric commercial vehicles. These vehicles are expected to begin deliveries next year.
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