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Global Electric Car Batteries and Hydrogen Markets for Mass E-Mobility Analysis Report 2023 Featuring CATL, Everledger, Ford, IonQ, Jaguar Land Rover, QuantumScape, Solid Power, Tesla, Volvo, & VWDUBLIN, June 2, 2023 /PRNewswire/ -- The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering. Batteries and Hydrogen hold a key role in the future of Automotive: Sustainable and Circular Electrification of passenger cars and commercial vehicles will play an important role on the journey towards a carbon neutral society. While battery is taking central stage, hydrogen has the potential to be an important, safe, low-carbon transport fuel, particularly for heavy-duty transport such as trucks, buses and shipping. This report examines the impact of technology and market forces to unveil the future of battery and hydrogen mobility.
Batteries become the cornerstone of new business models Battery-as-a-Service, Battery-Swapping, emerge as new revenue pools for automotive players. Web3 and Blockchain applications emerge to support transparency and traceability.
Environmental regulation for Circular battery economy drives recycling and 2nd life With the proliferation of electric vehicles, regulations are trying to tackle their environmental management.
Moving from a linear to a circular value chain can improve both the environmental and the economic footprint of batteries by getting more out of them while in use, and by harvesting their end-of-life value. A plethora of technological innovations in electric vehicle batteies, business models for 2nd life and recyclability, and industry collaboration will be crucial for the shift from Low to Full Circular Mobility. The race to replace lithium-ion batteries is on to solve range anxiety, fast-charging and affordability Researchers in the US, Japan, China and the EU are focused on several alternatives which may not be available for more than a decade. Tesla, Ford and VW see lithium-iron-phosphate (LFP) batteries as a cheaper alternative to cobalt as most of the world's cobalt reserves are located in the Congo, where the mining sector is associated with human rights violations. LFPs already play a dominant role in China's battery EV market which makes them the primary choice in the energy storage sector until at least 2030. CATL unveiled its first-generation sodium-ion battery. Sodium is abundant, less expensive and the batteries are non-flammable, so CATL plans to ramp up production by 2023. Start-ups aim at solving the technological challenges of EV batteries IonQ using quantum computing for material simulation for the development of EV batteries; Some prominent startups working on Solid State Batteys, such as Solid Power, QuantumScape are located in the USA and they have partnerships with major carmakers such as Hyundai. New battery and hydrogen hotspots emerge Even though China dominates battery manufacturing, Europe, the US and Korea are competing to develop stronger domestic capabilities and limit their dependence on China. Electrification Outlook: Adoption of BEVs and Hydrogen Vehicles EVs reached more than 20% share in China & Europe in H1 2022. ICE penetration dropped to 53.8% in Europe
China's new car sales rose by 3.4% to 10.4 million in H1 2022, but NEVs saw a 107% y-y increase. China's BEV & PHEV cars (New Energy) reached 24% market share in H1 2022, according to CAAM. In Europe, ACEA reported that BEV penetration reached 12% while ICE's share dropped to 53.4% in Q1-Q3 2022. Electric car sales (BEV + PHEV) reached 1.7m, or 20.4% of the mix with HEVs accounting for 23.7%. Key Topics Covered: 1. Market Opportunity
2. State of the art of electrification in passenger cars
3. Future of ICE: phase-out or re-purpose?
4. Innovation in Battery Tech for Sustainable Propulsion
5. The future of Hydrogen for automotive
6. Renewable Gas 7. Synthetic Biofuels 8. e-fuels 9. EV charging infrastructure 10. Player Strategy
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/8mwc8l About ResearchAndMarkets.com Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg SOURCE Research and Markets |