Electric Mobility Trends & Analysis

Follow PSR’s ongoing global coverage of eMobility across a wide range of segments, including electric cars, commercial vehicles, electric motorbikes and e-buses.

Kawasaki Launches Hybrid Hydrogen Engine

JAPAN REPORT

Kawasaki Heavy Industries has launched a generator engine that runs on a mixture of natural gas and hydrogen. It can operate using a hydrogen blend of up to 30% by volume relative to natural gas. This is the world’s first product of its kind to be launched.

The newly launched ‘Hydrogen-Blended Gas Engine’ is based on existing natural gas-fueled power generation engines. Due to the explosion risk posed by hydrogen, it is equipped with safety devices and mechanisms to remove residual hydrogen from piping. The engine can also run on a fuel blend of city gas and hydrogen.

When blended with 30% hydrogen, an 18-cylinder model operating at 50 Hz has a power output of 7,800 kilowatts. Kawasaki Heavy Industries is expanding its product range to include hydrogen supply network products.

Source: The Nikkei

PSR Analysis: Using existing natural gas power generation facilities while transitioning to hydrogen utilization is expected to reduce customer investment risk. This approach is likely to attract the attention of infrastructure companies and local governments in domestic and international energy transition markets, particularly in Asia and Europe. It aligns with Japan’s policy of promoting a ‘hydrogen society’, and its adoption in public projects is anticipated.

However, resolving challenges in the fuel supply network, such as hydrogen cost and stable procurement, will be key to the speed of adoption.

Kawasaki Heavy Industries will enhance its brand value across the entire shipbuilding, power generation and hydrogen supply chains, thereby strengthening its position as a comprehensive energy company. In the medium to long term, market expansion is anticipated as a stepping stone towards full hydrogen combustion. PSR

Akihiro Komuro is Research Analyst, Far East and Southeast Asia, for Power Systems Research

Fast Charging Gets Faster in LFP Batteries

Zeekr, an electric vehicle (EV) maker within the Geely Auto group, has integrated its self-developed fast-charging battery technology, based on lithium-iron-phosphate (LFP) chemistry, into its latest vehicles

According to the company, the 75 kWh battery pack supports ‘5.5C ultra-fast charging,’ enabling vehicles to charge from 10% to 80% in just 10.5 minutes using 800V charging at Zeekr’s proprietary stations.

Source: PV Magazine: Read The Article

PSR Analysis: Until this, all Lithium -ion batteries using NMC cathodes were faster than LFP batteries. This reverses that and means that this ultra fast charging together with safer LFP chemistry could eventually replace standard NMC battery chemistries

Guy Youngs is Forecast & Adoption Lead at Power Systems Research

2023 Global E-Bike Market Hit US$38.3 Billion

Michael Aistrup

The E-bike market size was estimated at USD 38.3 billion in 2023 and is forecast by Power Systems Research to increase to $97.3 B in 2033 with a CAGR of 9.77% between 2024 and 2033.  Cities globally are investing in dedicated bike lanes, charging stations, and bike-sharing initiatives for facilitating easier e-bike usage. Moreover, consumers are drawn to the substantial cost savings offered by electric solutions compared to conventional vehicles.

E-Bike Market Trends. Several important technological trends have boosted the production and sales of e-bikes.

  • Battery Technology. Improved batteries provide lighter weight, lower cost, longer range and quicker charging times.
  • Smart features, such as GPS navigation, app connectivity, and digital displays enhance the user experience, making e-bikes more appealing and user-friendly.
  • Shared micro-mobility is part of the public transportation ecosystem. As a flexible transportation option with comparatively low overhead and operation costs, shared micro-mobility can complement higher-volume fixed-route transit services by offering mobility services for many trips at a lower per-traveler cost.
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Hyundai To Double Number of Hybrid Models

SOUTH KOREA REPORT

Hyundai Motor in August announced plans to expand its lineup of hybrid vehicles from seven to 14 models in response to slowing global demand for electric vehicles. The company will also use HVs for the first time in its Genesis luxury car brand. The company also announced plans to increase its annual global sales volume by 30% from 2023 to 5.55 million units by 2030, and to invest 120.5 trillion won (about 13 trillion yen) in R&D and capital investment over the 10 years out to 2033. The company will focus on advanced technologies such as next-generation HVs, in-vehicle batteries and automated driving technology.

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