Taiwan Pushing into Next-Generation EV Battery Development

Erik Martin
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…

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Powersports Recreational Equipment Update

EDITOR’S NOTE. Power Systems Research tracks the global trends powersports recreational equipment, especially the electrification of these units. This is one of a series of reports on these trends.

Michael Aistrup
Michael Aistrup

HARLEY-DAVIDSON LAUNCHES LIVEWIRE. Harley-Davidson has announced the launch of LiveWire as an all-electric motorcycle brand.  With LiveWire, H-D hopes to redefine electric, delivering a better experience for the urban rider.

The first LiveWire branded motorcycle is scheduled to launch on July 8, 2021, and to premiere at the International Motorcycle Show in Irvine, Calif., on July 9, 2021.

Harley-Davidson’s LiveWire strategy includes these key take-aways:

  • Unique lineage: LiveWire draws on its DNA from the lineage of Harley-Davidson, capitalizing on a decade of experience in the EV sector.
  • Motorcycles + beyond:  with an initial focus on the urban market.  
  • Virtual HQ: LiveWire will be headquartered virtually, with initial hubs in Silicon Valley, CA (LiveWire Labs) and Milwaukee, WI.
  • Marketplace: LiveWire will work with participating dealers from the Harley-Davidson network as an independent brand. A go-to-market model will blend digital and physical retail formats.
  • Dedicated showroom: LiveWire will operate dedicated EV showrooms in select locations, starting in California.
  • Technology focus: LiveWire plans to develop the technology of the future and to invest in the capabilities needed to lead the transformation of motorcycling. LiveWire expects to benefit from Harley-Davidson’s engineering expertise, manufacturing footprint, supply chain infrastructure, and global logistics capabilities.  
  • Technology sharing: Harley-Davidson and LiveWire intend to cooperate and share their technological advancements to ensure an industry leading application in their respective core segments.

POLARIS FIRST QUARTER 2021 EARNINGS RESULTS. Polaris released first quarter 2021 results with reported sales of $1,951 million, up 39% from reported sales of $1,405 million for the first quarter of 2020. The company reported first quarter 2021 net income of $134 million compared with a net loss of $5 million for the 2020 first quarter.

Gross profit increased 64% to $481 million for the first quarter of 2021 from $293 million in the first quarter of 2020. Reported gross profit margin was 24.6% of sales for the first quarter of 2021.

Polaris Product Segment Highlights:

  • Off-Road Vehicles (“ORV”) and Snowmobiles totaled $1,232 million for the first quarter of 2021, up 50% compared to $824 million for the first quarter of 2020. PG&A sales for ORV and Snowmobiles combined increased 51% in the first quarter of 2021 compared to the first quarter last year.
  • Motorcycles totaled $166 million, up 31% compared to the first quarter of 2020, driven primarily from increased sales of Slingshot, Indian Motorcycles. 
  • Global Adjacent Markets segment sales, including PG&A, increased 27% to $125 million in the 2021 first quarter compared to $98 million in the 2020 first quarter driven by increases in demand in North America and EMEA.
  • Aftermarket segment sales of $230 million in the 2021 first quarter increased 14% compared to $202 million in the 2020 first quarter. Transamerican Auto Parts (TAP) sales of $193 million in the first quarter of 2021 increased nine percent compared to $177 million in the first quarter of 2020.
  • Boat segment sales increased 29% to $199 million in the 2021 first quarter compared to $155 million in the 2020 first quarter, driven by sales growth in all three brands, Bennington, Godfrey and Hurricane.

POWERSPORTS MARKET ANALYSIS. The powersports market observed a slowdown during the first two quarters of 2020 driven by the spread of the COVID-19. Shortages of labor and materials in the first quarter led to many industry challenges. Governments began lifting the lockdown restrictions to stabilize the economic activities in the third quarter of 2020. During this period, the powersports industry witnessed steady growth owing to the rising inclination of individuals toward participating in outdoor recreational activities while complying with social distancing norms. 

Powersports market size exceeded $34 billion in 2020 and is expected to grow at around 6% CAGR between 2021 and 2027. The global power sports unit sales are anticipated to reach over 3 million units by 2027.     PSR

Michael Aistrup is Senior Analyst covering Recreational Products for Power Systems Research

DATAPOINT: NA Scooters, 2021 Production, 431,900

431,900 units is the estimate by Power Systems Research of the number of Scooters to be produced in North America (Mexico and the U.S.) in 2021.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share: Dominating the NA market for Scooter production is Mexico-based Italika with 89% of total units produced.  In second position is Honda-Mexico with 11%; third is US-based Go-Ped with 178 units.

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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 high. The detachable battery type will be more convenient, as it can be exchanged for a fully charged battery at the battery exchange station.

Source: The Nikkei

PSR Analysis: In April 2019, the four companies set up a consortium to discuss battery commonality; agreeing to commonality is an achievement. This was the minimum necessary point to reach in order to prevent confusion caused by conflicting specifications, such as whether to use VHS or Beta. In addition, there had never been a case in the past where four companies had worked together to accomplish something, and in this sense, it was probably significant.

Standards have been agreed upon for battery structure, characteristics, protection circuits, communication protocols for charging, and stations that will serve as exchange infrastructure. However, the size, weight, capacity, and shape of the batteries are outside the scope of the cooperative area and will be handled by each company, in other words, a competitive area.

The agreement is related to replaceable batteries (and replacement stations) for first-class mopeds (under 50cc) and second-class motorcycles (under 125cc). As for the electrification of medium and large motorcycles, all four companies will continue to develop technologies and products as before.

In my opinion, it has taken two years to build this consensus, which is far too long. Taiwan’s Gogoro, KIMCO’s Ionex, and others have already released many EV bikes, and recharging stations have become widespread, especially in urban areas, and the bikes are already functioning as a part of our daily lives. As international competition intensifies, there will be more and more cases where the traditional Japanese sense of speed will not be able to cope. PSR

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

NA Powersports EV Update

Read the complete report in April PowerTALK™ News

EDITOR’S NOTE. Power Systems Research tracks the global trend of electrification of industrial equipment. This is one of a series of reports on these trends.

Michael Aistrup
Michael Aistrup

Polaris INDUSTRIES, Minneapolis, is planning to debut a new electric Ranger utility side-by-side in December 2021. The Ranger will be the first electric vehicle Polaris has developed through their partnership with Zero Motorcycles. 

The electric Ranger is the first product in Polaris’s long-term plan to accelerate its leadership in powersports electrification. Production will take place in Polaris’s Huntsville, AL facility.

Bombardier Recreational Products Inc. (BRP), which owns popular brands such as Can-Am, Rotax, Sea-Doo and Ski-Doo, plans to offer electric models in each of its product lines by the end of 2026. The company is investing $300 million in product development and production facilities.

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DATAPOINT: 2021 US ATV Production, 301,000 Units

301,000 units is the estimate by Power Systems Research of the number of ATVs to be produced in Mexico and the U.S. in 2021.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

Market Share: With 28% of total units produced, Polaris Industries leads in production four-wheeled ATVs in North America.  In second and third positions are Honda and Yamaha Motor with 22% and 19%, respectively.

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DATAPOINT: Global Snowmobiles, 2021 Production, 107,250 Units

107,250 units is the estimate by Power Systems Research of the number of Snowmobiles to be produced in Canada, Finland, Italy, Japan, and the U.S. in 2021.

This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.

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PowerTALK™ News, February 2021

Chris Fisher, senior commercial vehicle analyst at Power Systems Research, provides a forecast in the February 2021 issue of PowerTALK™ News for MHV. 

Here are more articles in this issue:

  • North America: Electric Motorcycles
  • DataPoint: Global Snowmobiles
  • Europe: Volvo Penta Plans Zero Emissions
  • South America: Brazil Vehicle Exports Up 22%
  • Taiwan: Innovation Powers Gorgoro Network
  • Japan: Honda Launches Electric Bike
  • South Korea: Hyundai Offers Custom EVs
  • Indonesia: New Tesla Investment?
  • India: Union 2021 Budget Misses Mark
  • Russia: KAMAZ Plans EV Buses

Honda Launches Electric Bike for Business

Honda announced the “GYRO e:” and “GYRO CANOPY e:” as planned commercial models of electric three-wheeled scooters for business use that use replaceable batteries. The new models will be marketed as the Honda e: Business Bike series together with the BENLY e: business electric two-wheeled scooter, which has been sold to corporate customers since April 2020.

The GYRO series will be used in many business applications such as deliveries. The GYRO series is a three-wheeled model with one wheel in the front and two in the rear to increase stability, and there is also a “CANOPY” model with a roof and wipers that can handle a little rain.

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Gogoro Network Powered Through Innovative Solutions

To date, there have been over 151 million battery swaps, an average of 2.8 per second.

Erik Martin
Erik Martin

TAIPEI (Taiwan News) — Imagine being asked to design and build a totally new, green energy infrastructure for an entire country — from scratch.

This was the goal given to Gogoro Network (GN) General Manager Alan Pan (潘璟倫) by Gogoro founder and CEO Horace Luke (陸學森). Sitting down for an interview with Taiwan News, Pan described some of the issues electric scooters faced before Gogoro, including limited charging solutions due to lack of space in Taiwan and high battery and maintenance costs.

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