See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, February 2023. 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:

• Our Next Energy launched its Aries Grid LFP ESS system, with a duration of four to twelve hours. A facility for system manufacturing was subsequently announced in West Virginia expected to be operational from 2025
• Kexiang Holdings plans to invest RMB2 billion (USD0.3 billion) in a 6GWh sodium-ion battery production project in Ganzhou, Jiangxi
• Project spotlights in January include the Pilbara Energy Connect in Australia,  Pampas Hybrid Park in Chile and Shenyang Fakuxian Vanadium Flow Energy Centralized Storage Project in China

Below is the February 2023 version of our EV Motor Deployment Infographic, which draws on data from our EV Motors Monthly Assessment and our EV Motors and Systems Quarterly Assessment.

The EV Motors Monthly Assessment provides monthly weighted averages of motor technology demand across vehicle classes, detailing the power and quantity deployed regionally and by vehicle segment. Click here to request a sample of this report.

The EV Motors & Systems Quarterly Outlook forecast provides long-term outlooks for EV penetration, motor technology split, number of motors per vehicle and average vehicle power by vehicle class, based on robust and informed methodologies. Click here to request a demo of this report.

Highlights from this month’s assessment include:

• Tesla announces it plans to move away from using rare earths in its permanent magnet motor for the next generation vehicle.
• Rivian begins manufacture of its Enduro drive motors.
• VW plans greater in-house design and manufacture of drivetrain components.
• On the back of Tesla’s announcement, we explore ferrite magnet motors in this month’s technology spotlight.

January saw a sharp reduction in motor deployment due to the much lower volume of EV sales. January is typically a slow month for the automotive market and with Chinese Lunar New Year being in January as well this year it was especially low. Despite this 0.85 million units were still deployed, a 13% rise y-o-y.
The electric vehicle power tracker showed a return to growth breaching 170kW for the first time. The trend shows little sign of slowing down with more high powered vehicles expected to come to market in 2023.

Why do we track EV motors?

As Electric Vehicle and battery market analysts, we track the development of EV motors and motor technology market share across the EV industry, on a monthly basis. Our EV Motors Monthly Assessment is an invaluable tool in understanding how the various technologies affect upstream material demand, particularly copper and rare earth elements, as well as how supply chains of those materials will affect future motor technologies. This report also keeps track of technological developments and movements in the power electronics industry.

Who benefits from subscribing to our EV Motors Monthly Assessment?

The EV Motors Monthly Assessment provides in-depth analysis of vehicle motor power, upstream material demand, and technological developments across the market. This makes it relevant to a wide variety of companies.

This report acts as an invaluable tool to those involved in the motor manufacturing and automotive part supplying industries, where it can be used to inform and build key policies and strategies. It is also a useful reference for those in the investment world, who may be looking to invest into a lesser-known part of the EV sector where significant energy and resources are focused. Other than that, this report can be used to help people better understand the technical side of the market, the dynamics involved, and which technologies are popular.

Anyone operating within the EV supply chain, will benefit from understanding the EV motor market, what is driving it and how it affects the wider EV market.

As part of the work involved to produce our EV Motors Monthly Assessment, we publish a monthly Electric Vehicle Power Tracker, (the full archive can be seen on our membership platform), to offer our members and followers regular insights into power vehicles demand. The Electric Vehicle Power Tracker is an assessment of the sales weighted average maximum total power for PC & LDVs (PHEV & BEV). This is based on monthly vehicle sales and our model-by-model analysis of vehicle motor power.

How do we track the EV motor market?

Our EV Motors Monthly Assessment is a weighted average of electric motor technology across the electric vehicle sector and contains in-depth analysis of vehicle motor power and upstream material demand.

Electric vehicle sales data is obtained from automotive associations at country level. This is done on a model-by-model basis for both BEV and PHEV vehicles for all major markets, and covers a minimum of 90% of total global market sales. This analysis provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

From this stage we assign the appropriate motor technology to each EV model, as multiple motors, often of differing technologies, are common in some vehicle variations. We model this split to generate the most precise overall picture of the industry, which in turn allows us to track the metrics available in the assessment.

Estimates are used where EV specific model data is not explicitly stated. This is based on industry and company reports and primary research. These are then substantiated when official data becomes available.

How could our data help you?

Our insight and analysis on the EV market and battery technology advances, allow our clients to be fully up to date on latest developments, and will help inform the ways in which they react and respond to changing market dynamics. Businesses with an interest in the EV supply chain, from battery raw materials suppliers, battery manufacturers, OEMs, to charging infrastructure providers, will find it easier to form considered and forward-thinking strategies when equipped with Rho Motion data and analysis.

Rho Motion’s EV & Battery Market Reports

To find out more about our EV & battery market 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.

EV & Battery Chemistry Monthly Assessment >>

EV & Battery Quarterly Outlook >>

EV & Battery Monthly Database >>

EV Motors Monthly Assessment >>

Hybrid EV & Battery Quarterly Outlook >>

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

See below for our Battery Recycling Infographic, March 2023. As you will see, this features market developments in the Battery Recycling space, and draws on data from our Battery Recycling Capacity Database and our Battery Recycling Quarterly Outlook .

The Battery Recycling Capacity Database tracks battery recycling annual capacity including plant locations, recycling input and output. Click here to request a demo of our Battery Recycling Capacity Database

The Battery Recycling Quarterly Outlook provides a long-term outlook for global scrap materials available for battery recycling by region, battery chemistry and feedstock covering end-of-life energy stationary storage. Click here to request a demo of our Battery Recycling Quarterly Outlook.

Highlights from the latest Battery Recycling Capacity Database:

• Ecobat plans to build its battery recycling plant in Casa Grande, Arizona nearby its anode manufacturing facility. Commissioning is scheduled for Q3 2023.
• Miracle Logistics System Engineering and SVOLT’s subsidiary Tengqingqing Recycling Resources formed a joint venture to build an LFP battery scrap recycling plant in Shangrao, China by mid-2024.
• BASF in collaboration with Tenova Advanced Technologies plans to start its battery recycling prototype plant in Schwarzheide, Germany later this year.

Global battery recycling pre-treatment capacity has reached around 1.6 million tonnes per year of recycling inputs with China accounting for 80% of the total market. The monthly increase in China mainly came from Narada Power completing its capacity expansion.

Why do we track the battery recycling market?

The battery recycling market is gaining traction, as EV value chains evolve towards long-term sustainability goals amid future raw material shortages and environmental, social and governance (ESG) concerns. We track the battery recycling market to provide insights into how the market is growing at global, regional and country levels, on the back of EV demand, legislation and battery recycling company strategies. We also track this market to provide insights into current and future battery recycling plant capacity across regions, and provide information on battery recycling inputs and outputs.

As part of the work involved to produce our battery recycling reports, we publish a monthly infographic to offer our followers regular insights into how the battery recycling market is developing on a global scale. We include news highlights as well as insights into global battery recycling pre-treatment capacity and regional battery recycling pre-treatment capacity share.

Who benefits from understanding key developments and dynamics across the battery recycling market?

Businesses operating within the EV supply chain such as raw material producers, battery producers, OEMs and battery recycling companies will benefit from our battery recycling reports, as will those considering entering the market.

How do we track the battery recycling market?

Our forecasts are based on robust and informed methodologies, which examine interactions between the different functions that make up the supply chain. We track battery recycling legislation, battery recycling companies’ strategies and closed-loop supply chain, battery chemistry as feedstock, as well as battery recycling technology. We also track existing and new battery recycling plants across regions, including their recycling input and output.

How could our data help you?

Our reports and supporting materials are designed to help inform and shape the ways in which you respond to shifting market dynamics. Our data and analysis on the battery recycling market allows you to gain a comprehensive understanding of how this market is developing on a global, regional, and country level. We also offer insights into the competitive landscape so you can understand your position, and stay up-to-date on major market players, new entrants and formation of joint ventures. In short, businesses operating in the EV supply chain will find it easier to form considered, forward-thinking strategies with their Rho Motion reports to hand.

Rho Motion’s EV and Battery Market Reports

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

Battery Recycling Quarterly Outlook >>

Battery Recycling Capacity 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.

See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, January 2023. 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:

• Tesla announces plans for a new 100GWh Gigafactory in Nevada, and its intention to use the cells in its energy storage products in the future.
• The EU Commission has announced its Green Deal Industrial Plan, largely seen as a response to the US Inflation Reduction Act. The plan sets out four key pillars: regulation, financing, skills, and trade.
• Project spotlights in January include the Sherburne Form Energy Iron Flow Battery in Minnesota, Assam BESS in India and Hami Shisanjianfang Wind + Storage Project in China