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 >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

General Motors enters energy storage and management business

General Motors enters energy storage and management business

On Tuesday 11th October, General Motors (GM) announced the launch of a new business division GM Energy in a move to provide residential, transport, and commercial energy management and storage solutions. The new business unit will comprise of GM’s three focused energy product line-ups Ultium Home, Ultium Commercial and Ultium Charge 360. Some specific services and products include bi-directional charging, vehicle-to-home (V2H) and vehicle-to-grid applications, stationary storage products as well as cloud management systems and hydrogen fuel cells.

 

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

 

 

Image credit: Adobe Stock

EV Charging Speed Infographic – September 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:
  • FLEETCOR announced the acquisition of European software and network provider, Plugsurfing, which covers a network of over 300,000 EV charging points in Europe.
  • Viridi E-Mobility Technology (VREMT), a subsidiary of Geely Group, unveiled its 600kW ultra-fast charging solution. The EV can drive over 300km with a single 5-minute charge.
  • ABB announced the development of a new manufacturing facility in Columbia, South Carolina, that will be capable of producing up to 10,000 chargers per year.
EV Charging Speed Tracker – what does it tell us?

The global sales weighted average maximum BEV charging capability increased from 91kW in July to 99kW in August due to increased EV sales in China. BEV & PHEV sales grew by 8% m-o-m in August 2022 to 878,000 units sold across all vehicle classes, with a healthy 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 >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

Aviva invests in UK charging infrastructure company Connected Kerb

Aviva invests in UK charging infrastructure company Connected Kerb

Connected Kerb, London-based charging infrastructure specialist, has announced it has secured an investment of GBP110 million (USD123 million) from insurance company Aviva. The investment will provide Connected Kerb with the necessary funding to install a planned 190,000 publicly accessible AC chargers in the UK by 2030, comprising a significant part of the UK government’s plan to set up 300,000 public charging stations within the same time-period. The company specialises in overnight public charging stations of 7-22KW, and plans to have installed 4,000 units by the end of 2022.

As part of the agreement, Connected Kerb will also provide charging infrastructure to Aviva’s European real estate portfolio, including over 300 majority owned assets located in the UK. Connected Kerb has stated that the Aviva investment is equivalent to roughly a quarter of the total funding provided by the UK government under the Local Electric Vehicle Infrastructure (LEVI) fund, intended to enable local authorities to develop on-street EV charging infrastructure…

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

 

Image credit: Adobe Stock

ABB invest in US EV charger production site

ABB invest in US EV charger production site

On 14th September 2022, ABB announced plans to construct an electric vehicle (EV) charger production facility in Columbia, South Carolina. The new site will produce up to 10,000 chargers per year for applications in public charging, school buses and fleets, ranging from 20kW to 180kW in power. Recent US legislation including the Bipartisan Infrastructure Law and the Inflation Reduction Act have significantly increased investment for EV charging infrastructure, notably setting out plans for a national network of public chargers as well as targeting 50% of US vehicles sales by 2030 to be electric. As part of meeting growing US demand, ABB plans for the new facility to begin production in 2023.

The announcement follows the trend of ABB’s US investment, with…

 

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

 

Image credit: ABB

The Charging Speed Tracker – July 2022

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

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. Click here to request a demo.

 

Highlights:
  • Tritium opened its EV charger factory in Tennessee, the US in August. The company targets an output of 10,000 DC chargers per year spread across six production lines once full capacity is reached.
  • Avatar, a joint venture of Chang’an Auto, CATL, and Huawei, announced its plan to build over 100 high-voltage ultra-fast charging points by 2023 in China.
  • E.ON announced a partnership with alpitronic to install 5,000 new fast-charging points across Europe by 2026, with 2,000 of those to be completed by 2024.
 
EV Charging Speed Tracker – what does it tell us?

The sales weighted average maximum BEV charging capability decreased from 106kW in June to 92kW in July due to lower EV sales across all regions. BEV sales declined by 12% m-o-m in July to 584,000 units sold across all vehicle classes, the large reduction was seen 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 >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.