Michael Angelo’s Post

Ranked: The Top 10 #EV #Battery #Manufacturers in 2023 💡 Despite efforts from the #USA and #EU to secure local domestic supply, all major EV battery manufacturers remain based in #Asia. In this graphic Visual Capitalist rank the top 10 EV battery manufacturers by total battery deployment (measured in megawatt-hours) in 2023. The data is from EV-volumes.com. Thanks again to Bruno Venditti and Visual Capitalist for the full article with more background and insights via the link below 💡🙏👇 https://lnkd.in/esZ8Zbw7 #semiconductorindustry #semiconductors #semiconductor #technology #ev #cars #automotiveindustry #evehicles #battery #batterytechnology #it

The way every company is jumping on the EV bandwagon, I believe this is one of the biggest fads in the world right now. Manufacturing an electric vehicle isn’t just about installing a battery and putting a car on the road. It requires advanced engineering and specialized knowledge. I'm not sure how many of these companies truly possess the expertise to produce vehicles that are sustainable, engineered to last, and genuinely reliable for the long term. That’s why I feel this EV craze might be just a temporary trend. I could be completely wrong, but it seems like a lot of companies rushing into EV manufacturing is a sign of market euphoria. It reminds me of the 2008 power plant investment boom, where everyone was rushing into the sector. We all know how that turned out and the strain it placed on the banking system. I fear we’re heading down a similar path with EVs. Whether these companies succeed or fail, and whether this leads to a surge in non-performing assets (NPAs), remains to be seen. However, one thing is clear: the rush to produce EVs will likely lead to overcapacity, which could ultimately harm the industry as a whole. #EV #Automotive Menaka Doshi Ira Dugal Neil Borate

A recent report suggests that #electrictwowheelers (E2Ws) could become more cost-effective than #internalcombustionengine (ICE) models within the next 4-5 years. This shift is driven by advancements in #battery technology, #economies of scale, and supportive #governmentpolicies. #electricvehicles #electricvehiclesnews #evnews #evtimes #autoevtimes #evbusiness

McKinsey Study Reveals Growing Dissatisfaction Among EV Buyers The electric vehicle (EV) industry is reportedly facing a significant challenge as a substantial percentage of EV buyers in the United States are considering returning to combustion engine cars. According to a McKinsey & Co. survey, almost 40% of U.S. EV buyers want to go back to combustion engine cars, citing inadequate charging infrastructure, high energy costs, and concerns about range and battery capacity as the primary reasons for their dissatisfaction. Key Findings Reasons for Dissatisfaction Industry Response Global EV Sales Future Projections The McKinsey & Co. survey highlights the challenges faced by the electric vehicle industry, particularly in the […] by Haye Kesteloo #ev #Europe #Tesla #UnitedStates

The EV market is booming; the figures speak for themselves : +27,1% of expected growth in 2024 soaring to an incredible 17.5 million units. At Forsee Power, we're at the forefront of advanced transport electrification across trains, cars, buses, and trucks with our innovative solutions. It’s all about the batteries. #EVmarket #sustainabletransportation #innovation #cleanenergy #batteries #energytransition

The rise of auto companies qualifying sodium-ion batteries into the low-end is rising with the long-term goal of breaking into the medium-end electric vehicle segment. LFP gigafactory companies will be facing strong contenders, but competition is everywhere, just how the same LFP companies are battling the high-end electric vehicle market dominated by ternary batteries. https://lnkd.in/gdXFBYhA

The increasingly competitive electric vehicles (EVs) market is reshaping the automotive landscape and presenting new opportunities for economic developers. This Insight by Luke Shuffield examines key strategies for capitalizing on EV growth, including pursuing federal funding, attracting manufacturing investments, and expanding EV charging infrastructure. By focusing on these areas, communities can position themselves to benefit from the accelerating shift toward electrification. https://lnkd.in/g4phMdg3 #InspireAndEngage #economicdevelopment #evmarket

🔋 It's true that while it's not very common for lithium batteries in electric vehicles to explode, it's still a concern for manufacturers and consumers alike. The good news is that engineers are actively working to enhance their safety and reliability. Find out more about it in our blog: https://bit.ly/3MkZqeh #AutomotiveIndustry #CarTrends #CarServices #LithiumBattery #EVCar

Electric Vehicles : Improvement in Battery Technology

🔥🔧 **Uncover the Future of EV Coolants: Boost Efficiency NOW!** 🚗⚡ Prestone is pioneering a game-changing low-conductivity coolant designed to supercharge battery-electric vehicle (BEV) efficiency. 🔍💡 As EVs transition from traditional ethylene glycol, this innovative approach targets conductivity levels akin to just 100 microsiemens! 📉 Why is this critical? High conductivity can lead to battery inefficiencies and safety hazards, including fire risks! 🔥⚠️ Prestone's commitment—backed by a funding boost and new talent—positions them for the imminent EV revolution. 🌍🚀 💭 Are you ready for this transformation in EV technology? Will low-conductivity coolants be the key to a greener future? 🤔 👍 or 👎? Share your thoughts in the comments! Let's discuss how this innovation might shift the automotive landscape! #EV #Innovation #Sustainability #FutureOfTransport #AutomotiveEngineering #Prestone #Electrification #CleanEnergy #BatteryEfficiency 🚀🌱✨