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Unavailable chargers—because they are broken or in use-- have been an EV industry black eye. Automakers and charging companies are trying to change that. Charging networks are replacing legacy charging equipment and improving software. Those companies, along with automakers, are also working to expand charger access by building more sites, adding multiple plugs at each location and incorporating Tesla’s plugs at their stations. Here’s where the charging landscape stands in mid-2024: https://lnkd.in/euTZR4H7 Note: This is the second installment of Automotive News’ five-part Intelligence Report. On June 17, we gave a snapshot of the auto retail market. #ev #electricvehicle #evcharging #electrifyamerica #evgo #chargepoint #GMEnergy #ionna #mercedesbenzcharging #rivian #tesla

Batteries are the primary cost element of electric vehicles, therefore as those prices go down, EV manufacturing will keep getting more economical 

CNBC’s Sam Meredith shares why silicon-based anodes continually prove to be the leader, edging out other battery technologies like solid-state to power next-generation EV batteries. As increasing EV sales continue to drive up global battery demand, automakers like Porsche, Mercedes, and GM have all bet big on silicon anodes to deliver transformative change for better performance, longer range and faster charging in EVs. Read more about how silicon anodes are taking up the mantle to represent the “holy grail” for EV batteries: https://lnkd.in/e-s6yxDT 

Check out how silicon anode impact EVs!

The global sales-weighted maximum BEV charging speed increased in September to 124kW In North America, the sales-weighted average maximum charging capacity for BEV saw a modest recovery, reaching 196kW. The EV fleet in the US & Canada has grown by almost 40% growth YTD, with a significant 53% increase in vehicles exceeding 100kW, primarily driven by Tesla’s strong market share in the region. In Europe, the average speed stagnated at 147kW in September, after a sharp increase in Q3. Since the start of the year, we have seen an increase of 7kW largely driven by a sharp fall in sales of EVs that charge at slower AC and DC speeds. This data is taken from our EV Charging Monthly Assessment. To request a copy of the full report, see the link in the comments below. #EV #EVCharging #EVBattery #RhoMotion

The development of solid-state batteries could be a game-changer in the EV industry. 🔋🚗 In a recent interview, my colleague Raphael Rettig estimated that these batteries could potentially slash charging times to less than 10 minutes. But there's a catch. Raphael also warns, "I don't believe that solid-state will become a major player in the volume electric vehicles segment before the middle of next decade." The reason? The significant safety risk posed by the need for these batteries to be packed tightly together. Check out this Axios article for a deeper understanding of what the future holds for electric vehicle batteries: https://lnkd.in/gZKRtaMA

While EV sales have declined in some markets, Honda has reaffirmed full electrification of its fleet, re-committing to 100 percent EV and fuel cell (FCEV) sales by 2040. The Japanese automaker is putting a central focus on battery technology and plans to invest over $60 billion in electrification through 2030. Honda is seeking to reduce battery costs by more than 20 percent compared to today's pricing, while also reducing overall production costs by 35 percent.

Cheaper EVs = More sales! Batteries account for 25-33%' of EV costs. The global average cost to automakers for batteries in 2024 will average about $115 per kilowatt hours, about 23% lower than last year. Prices are expected fall another 20% in 2025.

ElectroMoth EV | GM expands electric vehicle energy ecosystem – Automotive World | https://shorturl.at/YOjCY The move from gasoline and diesel to battery electric requires an ecosystem approach. It’s not enough to simply introduce electric vehicle (EV) models; the industry also needs public and home charging solutions, maintenance and repair support… Referential Photo

Some interesting data on sales of electric vehicles. First, an analysis by the U.S. Energy Information Administration shows a slowdown in pure EV (or BEV, meaning only battery) sales in the U.S. In the first quarter 2024, BEVs lost market share, dropping from 8% to 7%. It's not full year data, and quarterly sales fluctuate, but it's a note-worthy shift from an exponential rise over the last few years. And yet, hybrid and plug-in sales rose, party offsetting the decline in BEVs. For U.S. automakers undergoing a major technological shift and for broader decarbonization efforts, this is mixed news. But consider a second piece of data...the U.S. only makes up 10% of global EV sales -- the EU is 25% and China a whopping 60% (see chart in comments). Those other markets are still growing. American buyers may move more to hybrids -- which is fairly rational until the charging infrastructure is in place (my family has one pure EV for all local driving and roundtrips < 250 miles, and one hybrid for longer trips). But the global shift to full or partial electric vehicles continues. #electricvehicles #EVs