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.

EV Motor Deployment Infographic – October 2022

Our EV Motor Deployment Infographic, 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:
  • Solvay and Hastings Technology Metals sign an MoU for mixed rare earth carbonate to supply Solvay’s La Rochelle plant upgrades
  • VinFast explore component and platform collaborations with Infineon and CATL
  • This month’s technology spotlight looks at the transition to EV dedicated platforms

September saw another record month for EV sales and for Motor deployment. With EV sales topping 1 million for the first time, motor deployment reached 1.33 million units. This brings the total YTD to 8.6 million motors. PMSM share fell slightly compared to last month but remains consistently in the low 80% region where it has been through 2022. Our power tracker saw a significant uptick to 167kW, with the three month moving average also continuing its upward trend to 158kW, its highest level yet. A particularly strong month from Tesla was the driving force behind this uptick but the overall picture behind Tesla is also a gradual move to more power.

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.

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 >>

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.

Energy Transition Finance Tracker – October 2022

Below is Rho Motion’s Energy Transition Finance Tracker, for October 2022. We track energy transition related companies going public through IPO or a merger with a SPAC, in order to provide a monthly update on market status.

 

A comprehensive version of our Energy Transition Capital Tracker is published every month on our Membership Platform. Click here to enquire about Membership.

 

 

 

ESS – Global Grid Deployment Infographic, September 2022

See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, September 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:

 

  • BESS policy support in the Australian market continues to build through energy storage and renewables targets and tenders.
  • Two large scale offtake agreements were announced between US BESS integrators/developers and Chinese battery manufacturers, marking a growing presence of LFP in the stationary storage markets outside of China.
  • In September 5,423MWh of new capacity entered operation across 78 projects, the biggest month to date for new capacity entering operation. YTD installed grid capacity has now exceeded 20GWh, with a further 35GWh planned to come online this year.

BESS Capacity Tracker – what does it tell us?

In September over 5GWh of new capacity entered operation across 78 projects, the biggest month to date for new capacity entering operation. Of the operational projects 58% by capacity were in China, with the majority of the remainder in the US. YTD installed grid capacity has now exceeded 20GWh, with a further 35GWh planned to come online this year. In terms of new announcements, just under 28GWh was announced across 123 projects. Arlington Energy Centre II came online in September as the 5th largest operational project 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 >>

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.

EV Motor Deployment Infographic – October 2022

Our EV Motor Deployment Infographic, 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:

 

  • A team at UNSW (Sydney) has developed a motor with a speed of 100,000 rpm.
  • A number of new commercial vehicle eAxles hit the market this month
  • This month’s Tech Spotlight: In-wheel Motors

August 2022 saw another month with over 1 million motors deployed in BEVs and PHEVs, bringing the total this year to 7.2 million. Average power took a fall in August however, maintaining the flat 3 month rolling average we have seen for a number of months now. This comes as a record month is expected in September particularly buoyed by an end-of-quarter push from Tesla which will drive both sales, deployment and average power back to the higher end of the ranges seen.

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.