Inobat plans new battery facility with Serbian government

Inobat plans new battery facility with Serbian government

Slovakian battery company Inobat and the Serbian government have signed multiple letters of intent to build an EV battery cell production facility in the country. Inobat is exploring multiple locations in Europe, having signed similar agreements with the Spanish government in October this year. The company also secured incentives for a joint venture with US-based EV adoption company Ideanomics in the same month…

 

 

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Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Nevada-based battery recycling company Redwood Materials will supply cathode materials to Panasonic’s Kansas battery production facility. This is the first time US-based Gigafactory-scale cathode production will be used in domestic cell manufacturing. In July this year, the Japanese battery manufacturer announced it will construct a USD4 billion battery production facility in DeSoto, Kansas, which will use the cathode materials provided by Redwood Materials as part of the newly announced deal. Both mass production at Panasonic’s Kansas facility and the first shipment of materials from Redwood to the site are scheduled for 2025.

 

 

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Image Credit: Adobe Stock

Volvo Group and Pilot Company establish North American charging network partnership

Volvo Group and Pilot Company establish North American charging network partnership

Swedish vehicle manufacturer Volvo Group and US-based petroleum corporation Pilot Company have signed a letter of intent to develop a network of public charging infrastructure for medium and heavy-duty vehicles in North America. The partnership will combine Volvo’s experience in Class 8 battery electric trucks and charging solutions with Pilot Company’s network of refuelling stations to enable widespread electrification of medium and heavy-duty transport in the region.

The high-performance charging stations will be deployed at selected Pilot and Flying J travel centres…

 

 

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Image Credit: Volvo Group

EV Charging Speed Infographic – October 2022

See below for our EV Charging Speed Infographic, September 2022. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • Charging equipment supplier, Wallbox, officially opened its US charger manufacturing facility in Arlington, Texas with an expected capacity of 250,000 units.
  • Dutch-based Fastned announced a EUR75 million strategic investment from Schroders Capital to further expand its EU fast charging network.
  • Renault-owned Mobilize announced plans to develop a 200-strong network of ultra-fast charging stations across Europe.
EV Charging Speed Tracker – what does it tell us?

The sales weighted average maximum BEV charging capability increased from 100kW in August to 110kW in September due to increased EV sales in China. BEV & PHEV sales grew by 20% m-o-m in September 2022 to 1.05 million units across all vehicle classes, with a continued recovery in sales of BEVs capable of charging over 100kW.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

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ESS – Global Grid Deployment Infographic, October 2022

See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, October 2022. This draws on data from our BESS Monthly Assessment and our BESS Quarterly Outlook,

The BESS Monthly Assessment provides a monthly update of global BESS developments, both for projects and news from the sector. Click here to request a demo.

The BESS Quarterly Outlook provides long-term outlooks for ESS battery demand and battery chemistry, by application and region, based on robust and informed methodologies. Click here to request a demo.

Highlights from this month’s assessment:

 

  • General Motors announced it will enter the BESS business, launching a series of products under the Ultium brand targeting the residential, commercial and industrial sectors
  • Legislative support continues to build, with Chile and Turkey setting out energy storage strategies this month.
  • In October 2,833MWh of new capacity entered operation across 42 projects, a y-o-y increase of 182%. It was a strong month for the EU, EFTA & UK with 343MWh installed. YTD installed grid capacity sits just under 24GWh, with a 28GWh planned for completion this year

BESS Capacity Tracker – what does it tell us?

In October 3GWh of new capacity entered operation across 42 projects, a y-o-y increase of 182%. Of the operational projects, 54% by capacity was in the US, with 1.4GWh from Crimson Solar alone. YTD installed grid capacity sits just under 24GWh, with a 28GWh planned for completion this year.

Why do we track the battery energy stationary storage market? 

To understand the market dynamics, key drivers, and technologies our BESS market analysis is an important data tool providing the cathode demand for grid scale and behind the meter BESS based on use case, economic and regional analysis.

These trends have implications along the battery supply chain for battery raw material suppliers, battery manufacturers, utility companies and renewable energy developers, as well as anyone with an interest in the ESS battery supply chain

The monthly assessment provides a regular update of the developments in the BESS market, tracking both key market and technology news and an analysis into the roll-out and development of grid-scale projects and those currently in the pipeline. This enables you to stay up to date and well informed within the competitive and growing BESS market.

Who benefits from understanding battery energy stationary storage market dynamics? 

Battery raw material suppliers, battery manufacturers, utility companies, renewable energy developers as well as anyone with an interest in the ESS battery supply chain.

How do we track the battery energy stationary storage market? 

The near-term market is tracked via project announcements and progress updates these come from a number of sources including government and provincial bodies, news sites, technology supplier announcements, and planning bodies. The result is our ever-growing database of battery energy storage installation projects worldwide, which covers most projects over 10MWh, this is updated on an ongoing basis. We track key metrics for each project including the storage technology employed, the size of the installation, the feed-in energy source and supplier.

A key factor in the long term forecast in both grid and behind the meter methodologies is to assess the market outlook for global electricity demand, and also to determine the renewables share of the mix of this growing demand. For this, we consider a number of factors affecting this on a region-by-region basis. Our outlook for battery ESS is calculated by identifying the appropriate technology deployment based on the use case and economics in each storage scenario.

How could our data help you?

Access to the analysis we provide, enables our clients to gain an in-depth, comprehensive understanding of the battery ESS market. It allows them to devise well-informed strategies, stay up-to-date with key market developments, maintain an awareness of the competitive landscape and create future-proof plans.

The Battery Energy Stationary Storage Outlook delivers a complete overview and analysis of the current and future BESS market. The report can be used as both a reference tool to understand the market dynamics, key drivers, and technologies and as an important data tool providing the cathode demand for grid scale and behind the meter BESS based on use case, economic and regional analysis

The Battery Energy Stationary Storage Monthly Assessment provides you with a regular update of the developments in the Battery ESS market, tracking both key market and technology news and an analysis into the roll-out and development of grid-scale projects, and those currently in the pipeline.

Rho Motion’s EV Market Reports

To find out more about our battery ESS reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Battery Energy Stationary Storage Outlook >>

Battery Energy Stationary Storage Monthly Assessment >>

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SK On bolsters lithium supply via deal with SQM

SK On bolsters lithium supply via deal with SQM

On Monday 7th November 2022, the Korean EV battery manufacturer SK On signed a five-year lithium supply deal with Chilean lithium and chemicals company SQM. The supply is set to begin in 2023 and will see SK On purchase up to 57,000 tonnes of battery-grade lithium hydroxide from SQM – enough to supply roughly 1.2 million EV batteries. The Korean company noted SQM’s ESG credentials as a motivator for cooperation.

The two companies also agreed to discuss further cooperation in the mid and long term on areas such as additional lithium supply, potential investment in production plants and waste battery recycling. Having recently agreed lithium supply deals with…

 

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