Electric Vehicle Power Tracker – December 2021

Feb 2022

Our latest Electric Vehicle Power Tracker below, draws on data from The EV Motors Monthly Assessment.

The 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.

Highlights from this month’s assessment include:
  • Mercedes has announced its decision to move motor production fully in-house starting 2024. The first production in Berlin will be of YASA’s axial flux motors for performance vehicles. ​
  • Koenigsegg has expanded on the details of its new 250kW ‘Raxial Flux’ motor design and accompanying 6-phase SiC inverter​.
  • This month’s technology spotlight looks at the wide band gap semiconductor Gallium Nitride, often spoken of as a Silicon Carbide competitor where does this material fit in the EV space?

This month we saw a rise in average power to 149kW with the three-month rolling average staying consistent at 143kW. A record month for EV sales gives us the largest dataset to work on yet and average power levels have grown consistently through 2021. Previous highs in 2019 above 150kW were driven by Tesla’s dominant market share. The current rise could be a similar effect but aided by the addition of high-powered models from ford, Audi, Porsche and BYD all selling well.

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 >>

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