#electric vehicle battery swapping market

[rohanisblog]

The global electric vehicle battery swapping market is projected to reach a valuation of US$ 901.71 million by 2030 at a CAGR of 24.9%. This would offer a revenue growth opportunity of US$ 749.54 million during the forecast period 2022–2030.

List of Key Companies Profiled:

Amara Raja

Amplify Mobility

BattSwap Inc.

BYD Co. Ltd.

ChargeMYGaadi

EChargeUp solutions pvt Ltd

Esmito Solutions Pvt Ltd.

Gogoro Inc.

Kwang Yang Motor Co. Ltd. (KYMCO)

Leo Motors Inc.

Lithion Power Private Limited

NIO Inc.

Numocity

Oyika Pte Ltd.

Panasonic Corporation

SUN Mobility Private Limited

Tesla Inc.

Beijing Automotive Group Co., Ltd.

Other Prominent Players

[businesspointnews]

Charge, Swap, Go: The Convenience of Electric Vehicle Battery Swapping

The global electric vehicle battery swapping market size reached US$ 153.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 593.6 Million by 2028, exhibiting a growth rate (CAGR) of 24.8% during 2023-2028. Electric Vehicle (EV) Battery Swapping refers to the practice of replacing a depleted battery in an electric vehicle with a fully charged one, rather than…

[blueweave8]

Electric Vehicle Battery Swapping Market Size, Share, Forecast 2022-2028

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Global Electric Vehicle Battery Swapping Market was worth USD 126.2 million in the year 2021. The market is projected to grow at a CAGR of 26.1%, earning revenues of around USD 621.0 million by the end of 2028. The global electric vehicle battery swapping market is booming because of the increase in demand for electric vehicles. This is due to consumer demand for increased vehicle efficiency, high fuel prices, and increased awareness of environmental issues like global warming and high carbon emissions. The novel technological advancements such as artificial intelligence, GPS tracking, the Internet of Things, and facial recognition is improving the customer experience in this market. The reduced time for charging these electric vehicles, coupled with the introduction of the battery-as-a-service model, is also driving the growth of the global electric vehicle battery swapping market during the forecast period 2022-2028.

Reduced Time for Electric Vehicle Charging to Drive the Market Growth

The charging time is an important aspect of the functioning of electric vehicles. Most electric vehicles employ a slow charging system to recharge a battery, which usually takes 6-10 hours for a full charge. The onboard chargers of two-wheelers charge the battery in less than an hour, whereas four-wheelers take up to 5-6 hours. Due to the range anxiety of electric vehicle owners and the long charging time, the demand for battery swapping services for electric vehicles has bolstered. Various battery swapping stations have been set up due to a lack of suitable public charging facilities and lack of standardization of charging infrastructure. At these battery swapping stations, electric vehicle owners can simply swap their discharged batteries with fully charged ones in about 10 minutes. This reduced time for electric vehicle charging is expected to bolster the growth of the electric vehicle battery swapping market in the forecast period.

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Challenge: Depreciation of Old Batteries

The value of electric vehicles depreciates over time. The life expectancy of most EV batteries is 15-20 years within the car. The performance can depreciate due to natural aging and operation in rigid environments. Moreover, the value of the old batteries will depreciate substantially when a new generation of batteries is launched in the market. As electric vehicle battery technology is evolving, it is expected that the world will see cheaper, smaller, lighter batteries that will take longer life.

Global Electric Vehicle Battery Swapping Market - Regional Insights

Based on regions, the global electric vehicle battery swapping market has been segmented into five categories- North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Amidst the segmentation, Asia-Pacific dominated the global electric vehicle battery swapping market share in 2021 due to the low cost per swap, increased affordability, introduction of more battery leasing solutions, and ease of use. On the other hand, Europe is estimated to grow at the highest rate due to the increased adoption of electric mobility and several gigafactories planned to be commissioned during the forecast period.

Impact of COVID-19 on Global Electric Vehicle Battery Swapping Market

Like the majority of the industries, the global electric vehicle battery swapping market was negatively impacted during the Covid-19 pandemic as the overall demand for vehicles fell. People were urged to stay indoors and travel only in case of emergencies. The global automotive industry was significantly impacted during the Covid-19 pandemic. Due to worldwide lockdowns, the global economy drastically fell. The business of the key market players was severely affected as the sales fell down. However, this time was used advantageously by the companies to get a solid understanding of changing landscape and update their strategies. Post Covid-19 pandemic, the world saw an increase in acceptance of electric vehicles and the installation of more electric vehicle battery swapping stations.

Competitive Landscape

Amara Raja Batteries Limited, Amplify Cleantech Solutions Private Limited, Chargemygaadi, Echargeup Solutions Pvt. Ltd., Esmito Solutions Pvt. Ltd., Gogoro Inc., Lithion Power Pvt. Ltd., Nio Inc., Numocity Technologies Pvt. Ltd., Oyika, Leo Motors Inc., Tesla Inc., SUN Mobility Pvt. Ltd., BYD Co. Ltd., BattSwap Inc., Kwang Yang Motor Co. Ltd., Panasonic Corporation, Revolt Motors, and TATA Power are the key players operating in global electric vehicle battery swapping market. Other than collaborations, mergers, and partnerships, product diversification and facility expansion are the most important strategies taken up by these companies. For example, NIO Power has decided to further expand its charging and swapping network in Shanghai, China. From 2022 to 2025, NIO commits to installing 600 new battery swap stations in China. Moreover, by the end of 2025, NIO plans to have more than 4,000 NIO battery swap stations worldwide.

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[automotiveera]

Revolutionizing Mobility: EV Battery Swapping Market Trends and Future Prospects

EV battery swapping is the exchange of a drained battery with a charged one at a swapping station. EV battery swapping is increasingly becoming popular because of the increasing adoption of electric vehicles across the globe. 

To fully charge the two-wheeler and three-wheeler EV batteries, it regularly takes between 4–5 hours. Even though there are faster options for charging, it still has a downtime of an hour. Exchanging an EV battery is a smooth process and requires only a few minutes.

The arrival of EV battery swapping can benefit in resolving the problem of constructing large infrastructure of charging in urban areas with limited space availability, EV battering swapping can be done in smaller places. A swapping station for EV batteries can be built as a separate entity or even outside of a local store. EV battery swapping can also lessen the upfront expense of buying an e-vehicle.

An electric vehicle comprises various components, and the high-voltage battery is the heart of it. The battery of an EV is 40–50% of its overall manufacturing price. With battery swapping, customers have the option of owning an e-vehicle without a battery, instead, they can choose a swap subscription and put an exchangeable battery into the vehicle.

What is the Difference Between Pay-Per-Use Model and the Subscription Model?

Pay-per-use model is when consumers pay for specific utilization of battery exchange services. This model does not adopt a fixed annual or monthly fee; instead, consumers make a single purchase at a fixed price as per their usage.

Moreover, the pay-per-use model is highly preferred because of consumer choice to pay as per their utilization, because of the absence of a fixed driving pattern.

Whereas, in the subscription model consumers pay a subscription fee from time to time, mainly every month. This model enables consumers to access all services the provider is offering during their subscription period.

The advent of EV battery swapping has benefited consumers in various ways, let’s explore some of them!

Benefits of EV Battery Swapping

Enhance Driving Range

EV battery swapping increases the on-road time of the e-vehicle. Moreover, battery swapping works well for high-power vehicles because of the larger batteries they utilize, which is mainly found in EVs that require a lot of daily mileage.

Cost-Effective

It doesn’t make any sense for the consumers to expend a lot of money on a new battery every time the old one goes bad. Therefore, EV battery swapping is a better convenient solution and highly beneficial in saving expenses.

Eliminate Charging Times

With the arrival of EV battery swapping the requirement for charging, which requires a lot of time, is eliminated as the discharged battery can be replaced by a fully charged one in no time. 

[kiranadhavmarketstudy]

Electric Vehicle Battery Market Industry Research, Growth, Trends, Analysis & Developments by 2028.

The Electric Vehicle Battery Swapping market report provides information and statistics on market shares, size, restraining factors, and driving factors for the forecast period 2021 to 2028. It also mentions the role of main market players in the automotive industry. The report on Electric Vehicle Battery Swapping market evaluates the value of the market report, keeping in mind the application and regional segments, market share, and size while forecasting the market for each product type and application of the Electric Vehicle Battery Swapping market in different segments of the report. The research report also mentions some sections of the Electric Vehicle Battery Swapping market including opportunities, growth, trend, size, demand, and technology used by prominent players of the market. Then, it gives detailed profiles of the key players as a part of the competitive landscape of the Electric Vehicle Battery Swapping market.

Get Sample Copy @   https://iconmarketresearch.com/inquiry/sample/IMR0659

The study of the report divides it into several sub-segments and represents the whole automotive industry. An estimation of the revenue generated by the entire automotive industry and its sub-segments are also provided in the report. It decides the factors that affect the demand of the automotive industry rapidly, including methods of development, growth networks, and the product model. The report also points out the greatest prospects for the growth of the automotive market such as forecasting the growth of the market, the launch of new goods, and analysis of the product demand, purchase decisions, several economic factors that are important to determine the trend of Electric Vehicle Battery Swapping market, and the attractiveness of the market. The report on the Electric Vehicle Battery Swapping market will help in assisting the stakeholders in identifying high-potential customers, such as distributors and manufacturers.

The main aim of the Electric Vehicle Battery Swapping report is to give the map of the growth for the Electric Vehicle Battery Swapping market that will help in providing the clients with the required information for the formulation strategies to meet their respective business goals. The report also provides deep knowledge of the Electric Vehicle Battery Swapping for the previous year as well as for the forecast years and what the CAGR level of the market is going to be. This report is a synopsis of what the market conditions are going to be while also giving information regarding the market’s definition, classifications, applications, and engagements are. This report also aims to analyze the Electric Vehicle Battery Swapping market’s developments including the market improvement, market position, and others which are usually done by the prominent players and brands of the automotive industry. This report also consists of all the market drivers and restraints which are obtained through SWOT analysis. The report also has the CAGR values of the Electric Vehicle Battery Swapping market for the base years 2021, the historic year 2020, and forecast years 2021-2028.

[hexjulia]

i wasn't going to read the elon musk biography anyway but the sam kriss burn review was pretty funny.

also interesting:

"Musk is often credited with popularizing the electric car. He didn’t. In fact, the electric car was popularized by the California Air Resources Board, which issued a zero-emissions vehicle mandate in 1990, essentially ordering car manufacturers to start producing electric cars. Eventually, this was watered down into a more market-friendly solution: manufacturers could go on producing gas-powered cars as long as they bought enough Zero-Emissions Vehicle credits from a company making electric ones. As soon as Musk took over Tesla, it became essentially a ZEV credit farm. The point wasn’t to make a profit selling cars, which the company didn’t achieve until 2020; it was to print unholy amounts of ZEVs, which could then be sold to the big carmakers in Detroit. This means that every Tesla sold essentially represents a subsidy for someone else’s fossil-fuel-burning car. For much of the company’s history, ZEVs and similar government programs represented a great deal of Tesla’s income: they were losing money on every car they sold but making money on the credits. You get a shitty car that sets itself on fire; Musk gets a fully exchangeable license to emit carbon. Sometimes, he would resort to outright fraud. In 2001, California introduced a class of ZEV credit for cars that could charge up to 95 percent of their battery in under fifteen minutes.

In 2013, Musk announced that he would set up a network of battery-swap stations, allowing Tesla drivers to recharge their cars instantaneously. Suddenly, every Tesla qualified for the “fast refueling” ZEV class; the exact same cars represented nearly twice as many credits as they had the year before. But the network never materialized. Tesla probably made nearly one hundred million dollars in battery-swap credits without actually performing a single swap.

None of this, it goes without saying, makes it into Isaacson’s book.

This is why I said that Elon Musk is the name we’ve given to a certain mass delusion. The man is the repository of our dreams: of space travel, of becoming rich, the fantasy of the autistic video-game-playing nerd who defies all the bullies and becomes the most important person on the planet. He is a monster made of other people’s money and other people’s cathexes."

[bnkbgvbzbuf876986387nogj]

Doubling battery capacity is one way to increase the range of an electric vehicle (see also the Mini E, which sacrifices its rear seat for a larger battery and gets 104 miles), but this option is far from sustainable since it also doubles the amount of energy needed to manufacture the battery. It also doubles the costs, of course. The battery of the $ 109,000 Tesla Roadster sells for $ 30,000, as much as an entire Nissan or Mitsubishi vehicle.

Nobody has investigated how much energy it takes to produce a Tesla Roadster battery, or any other EV battery for that matter, but you can get an idea of it using an online tool from Carnegie Mellon University. Corresponding to these data, $ 30,000 of economic activity in the storage battery sector (including the production of li-ion batteries) equals an energy consumption of 23,222 kWh - that’s almost 6 years of electricity consumption by an average British household. The battery has to be replaced after a maximum of 7 years.

These figures suggest that the embodied energy of the battery - not considered in any research paper that investigates the ecological advantages of electric cars - makes up for a substantial amount of the total energy cost of an electric automobile. At the advertised energy use of 21 kWh per 100 miles, 23,222 kWh would take the Tesla 109,938 miles (176,929 km) far. That’s almost 30,000 km (18,600 miles) per year, or 80 km (51 miles) per day. The low “fuel” costs are only half the story if the “fuel tank” itself is that energy-intensive.

Miracle battery

Today, just like 100 years ago, EV proponents are divided on the question of how to market electric vehicles. Some keep emphasizing the fact that most people never drive further than 30 miles per day - therefore the current batteries are well suited to perform their task. Most cars will be charged overnight, battery-swapping stations and fast-charging will do the rest.

Others, however, keep hoping for a revolutionary storage technology that will eventually give EV’s a similar range to that of gasoline cars. This belief is supported by press releases like this: “Nanowire battery can hold 10 times the charge of lithium-ion”. It is interesting to note that the arrival of such a miracle battery has been “just around the corner” for over 100 years now:

“A large number of people interested in stored power are looking forward to a revolution in the generating power of storage batteries, and it is the opinion of many that the long-looked-for, light weight, high capacity battery will soon be discovered.” (source, 1901).

“The demand for a proper automobile storage battery is so crying that it soon must result in the appearance of the desired accumulator [battery]. Everywhere in the history of industrial progress, invention has followed close in the wake of necessity” (Electrical Review, 1901).

Edison himself promised a radical improvement to the lead-acid battery at the turn of the 20th century. It took almost a decade before the Edison battery appeared on the market, and even though it had some advantages over the others, it was very expensive (the price of a gasoline powered Ford Model-T) and far from revolutionary.

The promise of a miracle storage technology reared its head again in the 1960s and 1970s, when electric cars went through a short revival:

“The consensus among EV proponents and major battery manufacturers is that a high-energy, high power-density battery - a true breakthrough in electrochemistry - could be accomplished in just 5 years” (Machine Design, 1974).

The range of most electric (concept) cars in the 1960s and 1970s was considerably lower than that of early 1900 electrics. This was because they were still making use of similar lead-acid batteries, while the cars themselves were already much heavier and more powerful.

Realistic electric vehicles - scenario 1

The miracle battery might one day arrive, but history teaches us not to count on it. What would definitely yield results, on the other hand, is to use existing technology and downsize the car. There are two ways to do this, as was briefly noted above. The first is to go back to early 20th century electric vehicles and equip them with modern batteries. This would extend their range spectacularly, as much as a (not yet existing) nanowire battery could.

If you were to put the lithium-ion battery of the Nissan Leaf in the 1908 Fritchle, the vehicle would have a range of about 644 km (400 miles). If you put a lithium-ion battery with the same weight of the Fritchle-battery inside, you get about 700 miles (1,127 km) range. Add to this the fact that we now also have lighter and more efficient motors (and other vehicle parts) and the range will become even greater.

Even with the headlights and the heating on, driving home over windy hills and muddy roads, such a car would give a safe and comfortable range, similar to that of today’s gasoline vehicles. Moreover, it would consume less energy: the Fritchle used around 7 kWh/100 km, the Nissan Leaf at least 15 kWh/100 km.

A better range is much more than a convenience for the driver. It would also mean that we need fewer charging and battery swapping stations, which would greatly lower the costs and the embodied energy of the required infrastructure. In short, slower EV’s would make EV’s a whole lot more likely. Interestingly, we don’t even have to streamline them. Early electrics had style, and at low speeds aerodynamics is not an important factor in energy consumption.

Realistic electric vehicles - scenario 2

Of course, slow vehicles with the appearance of a horse carriage will not appeal to everybody. But there is another way. We could also downsize the electric car by designing much lighter and fuel efficient vehicles. This is shown by a concept EV like the Trev. This vehicle’s performance is comparable to that of the Nissan Leaf or the Mitsubishi i-MiEV: it has a top speed of 120 km/h (74.5 mph) and it accelerates from 0 to 100 km/h (60 mph) in less than 10 seconds.

However, its battery is almost 5 times lighter (45 kg or 99 pounds) and the vehicle itself (including the battery) weighs only 300 kg (660 pounds). In spite of its higher performance, it consumes as much energy as the Fritchle: 6.2 kWh/100 km, half the fuel consumption of the Nissan. Yet, the range of the Trev is similar to that of the Nissan or the Fritchle: 150 km or 93 miles. The reason is of course that if you design a much lighter vehicle, it will also have a much smaller battery that consequently holds less energy. With gasoline powered automobiles, the potential of weight reduction is much larger.

Nevertheless, a vehicle like the Trev would have almost as much benefits as a Fritchle with a 2010 battery. It would still require an elaborate charging infrastructure, but because of its much smaller battery it would seriously relieve the problem of peak demand: fast-charging could become a realistic option without the need to build hundreds of new power plants. It would also have the substantial advantage of holding a battery that is much less energy-intensive to produce.

We cannot have it all

Of course, there are many more possibilities than the two scenario’s outlined here. It would not kill us to drive at speeds of 20 mph, on the contrary, but there is so much potential in downsizing the automobile that we don’t have to go all the way back to the early 1900s to get a decent range.

We could tune them up a bit so that they could get 60 km/h or 40 mph (only sligthly faster than the 1911 Babcock Electric Roadster pictured above) and accelerate just fast enough to leave a crime scene or flee from a mad elephant.

At 60 km/h or 40 mph a trip of 600 kilometres or 400 miles would take 10 hours, instead of 5 hours at a common motorway speed. This does not sound like the end of the world. It’s definitely a whole lot faster than going by foot (120 hours) or by bike (30 hours). We could also equip the Trev with a somewhat larger battery so that it gets a better mileage at the expense of a somewhat lower speed. Or, yet another possibility: keep the Trev like it is but limit its speed to that of the Fritchle.

If we want more speed, we have to sacrifice range. If we want more range, we have to sacrifice speed. If we want to keep the (energy) costs of the charging infrastructure within reasonable limits, we have to sacrifice speed or size. The lesson to be learned here, is that we cannot have it all: range, speed and size. And yet, that’s what we are trying to do.

[natashaexploringelectrics]

Electric Kick Scooters for Adults in 2023: A Look at NIU Mobility.

It's difficult to predict which specific electric scooter models will be the "best" in 2023, as this will depend on a variety of factors such as your budget, the specific features and performance you are looking for, and any new products that may be released in the coming years. However, there are a number of Electric scooters on the market that are highly rated by consumers and experts and are likely to continue to be popular in 2023.

Electric scooters are one of the most fun ways to commute in 2023. Electric kick scooters for adults allow you to zip around town or even travel a little further than you could on a regular bike. There are models out there that you can use whenever you want, but you might consider buying one if you're planning to take it abroad because they have a better range and more space between the wheels.

The world of mobility is changing at an impressive pace and more companies and individuals are stepping into the market to offer new solutions to the problems that people face daily. One such product is NIU Mobility's line of electric kick scooters for adults.

There are a number of factors that can contribute to the cost of an electric scooter. Some of the main factors that can affect the price of an electric scooter include:

Battery technology: Electric scooters rely on batteries to power their motors, and the cost of the battery can be a significant part of the overall price. Higher-capacity batteries with longer ranges tend to be more expensive, as do batteries made with newer, more advanced technology.

Motor power: Electric scooters with more powerful motors tend to be more expensive, as they can reach higher speeds and climb steeper hills with ease.

Additional features: Electric scooters that come equipped with features such as LED lights, a digital display, or Bluetooth connectivity tend to be more expensive than basic models.

Brand and reputation: Electric scooters from well-known, established brands tend to be more expensive than those from lesser-known or lesser-established brands, even if they have similar specifications.

Materials: Electric scooters made with high-quality materials such as aircraft-grade aluminum or carbon fiber tend to be more expensive than those made with cheaper materials.

NIU Mobility is the leading manufacturer of vehicles NIU Provides all these Features at an affordable price, 

1. NIU KQi2 Pro: The Niu-KQI2 Pro has a 25km/h and 40 km range on a single charge at just $1,249.95. The Niu-KQI2 Pro is powered by one battery, so you can use it in any weather conditions. The Niu-KQI2 Pro has a 20% wider handlebar for maximum comfort and a 13% wider deck for increased stability and control. The Niu-KQI2 Pro also has fatter tires for better grip in wet or snowy conditions, as well as larger wheels for improved stability.

The Niu-Mobility KQi2 Pro is the first electric scooter to feature an exchangeable battery system, so you can swap out your battery whenever you need more juice!

The Niu KQi 2 Pro comes with a free helmet and free shipping!

2. NIU KQi3 Pro: The NIU KQi3 Pro is a powerful electric scooter that is perfect for getting around town. With a top speed of 25 km/h, this scooter is perfect for short trips and errands. It features 4 modes: E-Save / Sport / Custom /Pedestrian, allowing you to customize your ride to your needs. The LED Dashboard clearly displays your speed and battery life, so you know exactly how much power you're using. The KQi3 Pro also has a lithium-ion battery capacity of 486Wh and a range of up to 50 km under ideal conditions.

The KQi3 Pro is an affordable scooter, priced at $1,599.95. For those looking for an affordable option.

3. NIU KQi3 Max: The NIU KQi3 Max electric scooter is a powerful and reliable mode of transportation. This scooter has a range of up to 65 km (40 miles) per charge and features reliable 9.5″ x 2.5″ (250mm x 60mm) self-healing tubeless tires with excellent shock absorption. With a top speed of 25 km/h (15 mph), the KQi3 Max is the perfect way to get around town.

The KQi3 Max also features a double-brake system, with a front and rear disc brake and rear regenerative braking for more control and safety. The KQi3 Max also comes with a waterproof design, making it ideal for all weather conditions. The scooter is also equipped with a powerful 36V 5.2Ah battery and is available in Space Gray colors.

4. NIU KQi3 Sport: The NIU KQi3 Sport Electric Scooter is a high-performance e-scooter that offers a range of up to 40km and speeds up to 25 km/h. With an innovative battery system, the NIU KQi3 Sport Electric Scooter is equipped with a 365Wh battery, which allows you to ride for up to 40km on one charge. This e-scooter is perfect for people who want to get around in style and comfort.

NIU Mobility provides Kick scooters with a Bonus Feature, which allows users to control their scooters with their mobile devices.

Feature Of NIU Mobile App:

Enjoy Bluetooth connectivity with your NIU mobile app.

Keep your e-scooter secure with the Lock feature.

 Track your riding performance with the Riding Statistics feature.

Set the speed to your own preference with the Customize Speed feature.

 Cruise control for an effortless ride.

 Receive the latest updates through OTA (Over the Air) update.

 Regenerative Braking settings to maintain longer battery life.

 Set your Riding Mode to suit your own needs.

Smart Lock and Unlock feature for extra security.

[strangemusictriumph]

Europe SCARA Robot Market - Forecast (2022 - 2027)

The present SCARA robots are equipped with battery power encoders. This type of SCARA robots requires high maintenance cost. To reduce the maintenance cost of the SCARA robots the SCARA robots manufacturing companies are now focusing on the implementation of the T3 technology in SCARA robots the engineer does not have to halt the system to swap the batteries. This T3 technology will also help in reducing the power consumption by 30%.  By implantation of this technology which helps in reducing the maintenance cost is expected to drive the market of the SCARA robots in Europe. The Europe SCARA robot market is estimated to grow at a CAGR of 11.1% during forecast period i.e. 2018-2023. Germany is the fastest growing market with a CAGR of 14.5% which is mainly attributed to the growing demand from automotive industry. Italy and France are huge markets for SCARA Robots and thus have an immense demand for SCARA robots.

Europe SCARA Robot Market Outlook:

The SCARA stands for Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm. These are specially designed for the peg board type assembly and are heavily used in the electronics industry. These robots tend to be fairly small and capable of operating at high speed. They are used for assembly, palletisation and machine loading. Rising automotive production in Europe is driving the market. SCARA robots are used for different applications such as the assembling the vehicle parts of the vehicle, handling and transfer of the large automotive parts in this sector. SCARA Robots reduce the time taken for manufacturing of the vehicle and this is expected to create ample opportunities for SCARA robots. According to IndustryARC findings, 4-Axis SCARA robot will hold the largest market share during the forecast period. It is expected to generate the revenue of $159.4 and anticipated to grow with a CAGR of 12.6% during the forecast period 2018-2023.

The Europe SCARA robot market report comprises of pricing analysis for different types of axis types. The price of 6- Axis SCARA robot is the highest among all the other axis types. 

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Europe SCARA Robot Market Growth Drivers:

The current SCARA robots are equipped with many wiring systems, by which the installation of the robot has become tough. The use of the advanced technology sensors in SCARA robots has reduced the cost and time of the installation by 35%. The use of the advanced technology in SCARA robots has also observed an increase in the installation of the robots. The increase in the installation of the robot for different applications is expected to drive the market.

Europe SCARA Robot Market Challenges:

The biggest challenge in the SCARA robot market is the increasing adoption of the articulated robots as the substitute for the SCARA robot. These articulated robots is robotic arm that includes rotary joints to carry out precise movements. However, the increasing adoption of the artificial intelligence in SCARA robots is expected to overcome the challenges faced by the SCARA robot.

Europe SCARA Robot Market Research Scope:

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them to understand the future of the plastics in electric vehicle market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Europe SCARA Robot market, and their specific applications.

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Plastics in Electric Vehicle Market Report: Industry Coverage

Types of SCARA robots: Hardware, Software, Services, Testing, Training, MaintenanceAxis

Types in SCARA robots: 3-Axis SCARA Robot, 4-Axis SCARA Robot, 5-Axis SCARA Robot, 6-Axis SCARA Robot

Applications of SCARA robots: Transportation, Packaging, Assembly, Inspections

End Users of SCARA robots: Electronics, Food and Beverage, Automotive, Pharmaceutical, Rubber and Plastic, Industrial & Manufacturing

The Europe SCARA Robot market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

Europe: The U.K., Germany, Italy, France, Spain, Rest of Europe

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Europe SCARA Robot Market Key Players Perspective:

Fanuc and ABB are analyzed to be the dominant players of the Europe SCARA Robot Market in 2017 with a share of 12.30% and 10.80% respectively. The increasing number of acquisitions and the product launches which are performed by both the prominent players are expected to continue the growth of the companies in Europe region.

Some of the other key players mentioned in this report are Kuka AG (Germany), Kawasaki (Japan), Epson Robots (U.S.), Stäubli (Switzerland), Omron Adept (U.S.), Denso Robotics (Germany), Nachi-Fujikoshi (Japan), Comau (Italy) among others.

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Europe SCARA Robot Market Trends:

The accessibility of the previously performed task by the SCARA robot has become the challenge to the manufacturers. To address the issue the upcoming SCARA robots are manufactured by adopting internet of things (IOT) technology. The use of this technology in SCARA robots will help in analyzing the previously performed tasks and will also help in increasing the productivity and efficiency.

To reduce the efforts of the installation of the SCARA robots manufactures are now adopting the use of the plug and play technology in SCARA robots. The use of this technology will help in easy installation of the robot and also helps in reducing the installation cost.

Many robots manufactures are now focusing on launching the ceiling mounted SCARA robots. With the launch of the new ceiling mounted SCARA robots the small companies are able to afford these robots and are allowing them to make more efficient use of the confined space. These ceiling mounted SCARA robots are expected to create ample opportunities in Europe.

The upcoming SCARA robots are equipped with the augmented reality and voice command system. The implementation of the new voice command system in SCARA robots which acts according to the instructions given by the individual is expected to create ample opportunities in the SCARA robot market.

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US to propose ban on Chinese software, hardware in connected vehicles, sources say (voanews.com)

US to propose ban on Chinese software, hardware in connected vehicles, sources say

September 22, 2024 4:16 PM

By Reuters

 Print

Washington — 

The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters.

The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure as well as the potential foreign manipulation of vehicles connected to the internet and navigation systems.

The proposed regulation would ban the import and sale of vehicles from China with key communications or automated driving system software or hardware, said the two sources, who declined to be identified because the decision had not been publicly disclosed.

The move is a significant escalation in the United States' ongoing restrictions on Chinese vehicles, software and components. Last week, the Biden administration locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles as well as new hikes on EV batteries and key minerals.

Commerce Secretary Gina Raimondo said in May the risks of Chinese software or hardware in connected U.S. vehicles were significant.

"You can imagine the most catastrophic outcome theoretically if you had a couple million cars on the road and the software were disabled," she said.

President Joe Biden in February ordered an investigation into whether Chinese vehicle imports pose national security risks over connected-car technology -- and if that software and hardware should be banned in all vehicles on U.S. roads.

"China's policies could flood our market with its vehicles, posing risks to our national security," Biden said earlier. "I’m not going to let that happen on my watch."

The Commerce Department plans to give the public 30 days to comment before any finalization of the rules, the sources said. Nearly all newer vehicles on U.S. roads are considered "connected." Such vehicles have onboard network hardware that allows internet access, allowing them to share data with devices both inside and outside the vehicle.

The department also plans to propose making the prohibitions on software effective in the 2027 model year and the ban on hardware would take effect in January 2029 or the 2030 model year. The prohibitions in question would include vehicles with certain Bluetooth, satellite and wireless features as well as highly autonomous vehicles that could operate without a driver behind the wheel.

A bipartisan group of U.S. lawmakers in November raised alarm about Chinese auto and tech companies collecting and handling sensitive data while testing autonomous vehicles in the United States.

The prohibitions would extend to other foreign U.S. adversaries, including Russia, the sources said.

A trade group representing major automakers including General Motors, Toyota Motor, Volkswagen, Hyundai and others had warned that changing hardware and software would take time.

The carmakers noted their systems "undergo extensive pre-production engineering, testing, and validation processes and, in general, cannot be easily swapped with systems or components from a different supplier."

The Commerce Department declined to comment on Saturday. Reuters first reported, in early August, details of a plan that would have the effect of barring the testing of autonomous vehicles by Chinese automakers on U.S. roads. There are relatively few Chinese-made light-duty vehicles imported into the United States.

The White House on Thursday signed off on the final proposal, according to a government website. The rule is aimed at ensuring the security of the supply chain for U.S. connected vehicles. It will apply to all vehicles on U.S. roads, but not for agriculture or mining vehicles, the sources said.

Biden noted that most cars are connected like smartphones on wheels, linked to phones, navigation systems, critical infrastructure and to the companies that made them.

ReutersReuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe. Subscribe

[liulouxi]

How Many Slots Should You Choose?

– Unveiling the Power and Selection of Smart Battery Swap Cabinets

In the era of eco-friendly transportation, electric bikes have emerged as a prominent choice for short-distance urban commuting, thanks to their environmentally conscious and convenient nature. Traditional charging methods, however, often fall short in terms of time efficiency, posing a significant challenge for time-sensitive professions such as food delivery riders and courier drivers. This is where smart battery swap cabinets come into play, revolutionizing the way we replenish energy for electric vehicles and ensuring range anxiety becomes a thing of the past.

What is "Cabinet Efficiency"?

"Cabinet Efficiency," put simply, refers to the operational proficiency of smart battery swap cabinets. It encompasses not just the speed of battery swapping but also various dimensions like capacity utilization, battery management efficiency, user experience optimization, and operational cost control. A high-efficiency cabinet swiftly responds to users' needs, minimizing waiting times while enabling precise battery dispatch and efficient charging, ultimately delivering an unparalleled swapping experience.

Key Metrics of Cabinet Efficiency

Swapping Speed: The shorter the time between scanning a code and completing a battery swap, the higher the cabinet efficiency.

Capacity Utilization: How efficiently the battery slots within the cabinet are utilized. High utilization translates into greater service capacity and economic benefits.

Battery Management: Includes battery health monitoring, balanced charging, and intelligent dispatching. Superior battery management prolongs battery life and enhances overall efficiency.

User Experience: Streamlined operation processes, clear instructions, and comfortable waiting environments are crucial for enhancing user satisfaction.

Operational Costs: Encompassing equipment acquisition, maintenance, energy consumption, and labor costs. Low operational costs ensure the sustainability of battery swapping services.

How Many Slots Should You Choose?

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The installation site often imposes limitations on the cabinet's size and layout. Careful planning is essential to ensure that the selected number of slots not only meets swapping needs but also fits within the available space without compromising the surrounding environment or pedestrian safety.

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More slots translate into higher initial investments but also greater service capabilities and potential economic returns. Weighing the operational costs against the anticipated revenues and investment payback periods is crucial in deciding the optimal number of slots.

Smart battery swap cabinets represent a game-changing solution for the electric bike industry, alleviating range anxiety and enhancing the overall user experience. By understanding "cabinet efficiency" and carefully considering user needs, traffic patterns, spatial constraints, and operational costs, you can select the perfect number of slots for your cabinets, maximizing both service quality and economic feasibility. Join the future of electric transportation today and embrace the convenience and efficiency of smart battery swap cabinets.

[amrutatbrc1]

Motorcycle Lead Acid Battery Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 

Overview and Scope A motorcycle lead acid battery is a rechargeable battery used in motorcycles to provide the electrical power needed for starting the engine and running the vehicle's electrical systems. These batteries are known for their reliability and cost-effectiveness. They come in various sizes and capacities to match different motorcycle models and requirements.

Sizing and Forecast The motorcycle lead acid battery market size has grown strongly in recent years. It will grow from $5.06 billion in 2023 to $5.39 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growing urbanization, increasing consumer awareness and education, growth of ride-sharing and delivery services, increasing electrification of motorcycle fleets for public, and growth in the charging infrastructure.

The motorcycle lead acid battery market size is expected to see strong growth in the next few years. It will grow to $6.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing focus on improving the energy density and power density, introduction of battery leasing programs for consumers, use of lead acid batteries in conjunction with renewable energy sources, high replacement rates for lead acid batteries in motorcycles, and establishment of battery swapping stations. Major trends in the forecast period include innovations in sealing technologies, adoption of greener manufacturing processes, development of safety features, nanotechnology applications, and advanced thermal management systems.

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Segmentation & Regional Insights The motorcycle lead acid battery market covered in this report is segmented –

1) By Product Type: Valve Regulated Lead Acid Battery (VRLA) Battery, Flooded Lead-Acid (FLA), Absorbed Glass Mat (AGM), Vented Battery, Other Product Types 2) By Technology: Internal Combustion Engine (ICE), Hybrid, Electric 3) By Sales Channel: Original Equipment Manufacturers (OEMs), Aftermarket

North America was the largest region in the motorcycle lead acid battery market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the motorcycle lead acid battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth The increasing demand for two-wheeled EV motor vehicles is expected to propel the growth of the motorcycle lead acid battery market going forward. A two-wheeled motor vehicle, also known as a motorcycle or motorbike, is a motorized vehicle designed to travel on two wheels. The increasing demand for two-wheelers is rising due to affordability, fuel efficiency, ease of navigation in urban congestion, and flexibility in urban and rural settings. Lead-acid batteries benefit two-wheeled electric vehicles by offering a cost-effective, durable, and reliable energy storage solution. For instance, according to the Society Of Manufacturers Of Electric Vehicles, an India-based association representing Indian manufacturers of electric vehicles (EV), in 2021-2022, the number of electric two-wheeler sales was 2,52,641, which rose to 7,28,054 in 2022-2023. Therefore, the increasing demand for two-wheeled motor vehicles drives the motorcycle lead acid battery market growth.

Key Industry Players Major companies operating in the motorcycle lead acid battery market are Panasonic Holdings Corporation, Johnson Controls International plc, Clarios International Inc., Chaowei Power Holdings Limited, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co., Exide Industries Limited, Leoch Leoch International Technology Limited, The Amara Raja Group (Amaron), Shuangdeng Group Co Ltd , Coslight Technology International Group Ltd., Trojan Battery Company LLC, Power Sonic Corporation, HBL Power Systems Limited, Mutlu Battery and Materials Industry Inc., Hawker Powersource Inc., FIAMM Energy Technology S.p.A., MK Battery International, CSB Energy Technology Co. Ltd., EverExceed Industrial Co. Ltd., Thai Energy Storage Technology PLC, C&D Technologies Inc., Deltran USA LLC, HAZE Power Company Ltd.

The motorcycle lead acid battery market report table of contents includes:

1. Executive Summary

2. Motorcycle Lead Acid Battery Market Characteristics

3. Motorcycle Lead Acid Battery Market Trends And Strategies

4. Motorcycle Lead Acid Battery Market - Macro Economic Scenario

5. Global Motorcycle Lead Acid Battery Market Size and Growth ..........

32. Global Motorcycle Lead Acid Battery Market Competitive Benchmarking

33. Global Motorcycle Lead Acid Battery Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Motorcycle Lead Acid Battery Market

35. Motorcycle Lead Acid Battery Market Future Outlook and Potential Analysis

36. Appendix

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[greenfrontiercapital]

The Future of Climate Tech Investment: Green Frontier Capital’s Leadership in the Climate VC Fund

Sustainability is increasingly shaping the financial sector. The State of Climate Tech Report 2023 by PwC highlights that climate tech's share of private market equity and grant investment surged to 11.4% in Q3 2023, continuing a decade-long upward trend. The global sustainable finance market is projected to grow from USD 3.6 trillion in 2021 to USD 23 trillion by 2031, underscoring the immense potential in climate tech investment.

The Rise of Climate Tech Investments

The rapid rise in climate tech investment is particularly evident in the electric mobility sector. With transportation accounting for 16.2% of global emissions, transforming this sector is crucial in the fight against climate change. The global EV market, valued at USD 384.65 billion in 2022, is expected to reach USD 1,579.10 billion by 2030. As the market expands, Green Frontier Capital is strategically positioned to harness these emerging green investment opportunities.

Climate Tech Investment in the EV Sector

The electric vehicle (EV) industry is experiencing remarkable growth, driven by regulatory support, technological advancements, and shifting consumer preferences. With ambitious targets set for EV adoption across various vehicle categories, the industry is on track for significant expansion. Green Frontier Capital recognizes the investment potential this growth presents and is actively involved in the sector.

Key Investment Opportunities in the EV Market

Electric Vehicle Manufacturers: The increasing demand for clean transportation is leading to the expansion of EV portfolios by both established companies and new entrants. Green Frontier Capital has invested in Euler Motors, a commercial EV OEM with a growing fleet of three-wheelers, and EMotorad, a manufacturer of electric cycles.

Ride-Hailing Services: Electrifying fleets offers substantial environmental benefits. Green Frontier Capital has invested in BluSmart, a leading zero-emission ride-hailing service that recently expanded its EV fleet.

Battery Services: The success of EV adoption depends on advanced battery technologies and services. Green Frontier Capital has invested in Battery Smart, a leading battery-swapping network, and ElectricPe, a top EV charging platform.

EV Financing: To make EVs more accessible, Green Frontier Capital supports Revfin, a company providing financing options, particularly for individuals from low-income backgrounds, aligning financial returns with social impact.

Addressing Challenges in Climate Tech Investment

While the EV market holds significant potential, it also presents challenges such as high capital costs, land acquisition issues, and evolving regulatory landscapes. Green Frontier Capital conducts rigorous due diligence to identify companies capable of navigating these challenges and securing long-term growth.

Climate Tech Investments: Combining Profit with Purpose

Investing in the EV industry not only offers substantial financial returns but also contributes to environmental and social impact. By reducing greenhouse gas emissions and combating air pollution, climate VC fund like Green Frontier Capital are helping to build a future where economic growth and environmental sustainability go hand in hand.

[ippnoida]

Green advertising provider CashurDrive's initial public offering

CashurDrive Marketing Limited, a green media publicity services provider in India, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The company’s initial public offering comprises a fresh issuance of 35,42,400 equity shares and an offer for sale of up to 11,37,600 equity shares, each with a face value of Rs 10, through the book-building route. The offer for sale is by selling shareholder Parveen K Khanna.

According to DRHP, CashurDrive intends to utilize Rs. 27 crore of the total proceeds from the IPO to fund its working capital requirements and plans to use the remaining capital for general corporate purposes.

The Noida-headquartered company’s portfolio includes transit media, outdoor media, digital wall painting media, events and promotion, and digital marketing services, all woven into a cohesive strategy aimed at reducing carbon footprints.

The company's eco-friendly initiatives have secured advertisement rights on 1100 EV buses, coupled with strategic agreements to establish EV charging stations with advertising rights, showcasing CashurDrive's commitment to sustainable practices. The company has secured orders from CREST and HITES for setting up 112 EV charging stations and battery swapping stations for 10 years with advertisement rights on the stations.

One of the standout features of CashurDrive’s approach is its partnership with CashurDrive Electric Vehicles, solidifying its leadership in the emerging market of ESG-compliant green media advertising. Through this alliance, CashurDrive holds an additional 77 outdoor advertisement opportunities on EV charging and battery swapping stations, making a total of 189 EV charging stations and swapping stations, a testament to its dedication to clean energy and sustainable green media.

Corporate Capital Ventures is the exclusive book-running lead manager to the offer, and Bigshare Services Private is the registrar.

CashurDrive’s accreditation with the Indian Newspaper Society (INS) and registration with DAVP and the government of various states shows its commitment to delivering high-quality services in the advertising industry. With its branches strategically located at Chandigarh, Lucknow, Mumbai and Noida, CashurDrive has established a strong network of clients across India through which it serves its customers across several sectors such as pharmaceuticals, education, electronics, automobiles, FMCG, apparel, insurance, housing, hospitals, financial services, aviation, and government organizations.

Founded in 2009 by an IIT alumnus Raghu Khanna, CashurDrive initially focused on commercial vehicles like transit space, later expanding into a full-service advertising agency including outdoor, TV, print ads, bus branding, auto hood branding, digital wall painting, billboard advertising, and outdoor campaigns.

The company has been dedicated to advertisements, eMobility, and EV infrastructure. This includes strategic partnerships with various charge point operators (CPOs), which solidify its leadership in the emerging market of EV advertising.

CashurDrive registered Rs. 102.63 crore in revenue from operations with a profit (PAT) of Rs. 11.83 crore in the fiscal year 2023-24, compared to Rs. 81.89 crore in revenue from income and a profit (PAT) of Rs. 5 crore in FY2022-23.  

[globalgrowthinsights]

Digital Commerce Platform Market Developments, Trends & Opportunities till 2032

Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Digital Commerce Platform Market Report:

The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.

The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.

Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.

Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market

Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/digital-commerce-platform-market-100549

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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