Hyundai

Evolution of the Automotive Industry and Electrification Beyond Cars

2023 has proven another momentous year for the electric vehicle (EV) market. 2022 saw electric car sales rise by 62% compared with 2021, and IDTechEx estimates that 2023 will see global sales rise by another 16%. But what can we expect for the future of EVs? In this article, Dr James Edmondson and Shazan Siddiqi from IDTechEx discuss what can be learned about the future of electrification, not only for vehicles on land, but also for marine sectors and aerial vehicles.

XCMG: Xuzhou Construction Machinery Group Co

XCMG is one of the biggest construction equipment manufacturers in the world. It is taking electrification seriously with a range of new pure electric machines ranging from 2-tonne up to 40-tonne and more for plug-in hybrid electric vehicles (PHEV). This profile takes a deep dive into XCMG's electric vehicle range and strategy.

Rising Star: Commercial Advancements & Developments of SSB

The announcement claimed by Toyota that it had a "technological breakthrough" to resolve durability issues and "a solution for materials" for a solid-state battery (SSB) powering EVs in July 2023 has triggered another wave of interest in SSBs, in addition to the continuous efforts from companies such as BMW, CATL, Ford, General Motors, Honda, Hyundai, LG, Mercedes-Benz, Nissan, Panasonic, Samsung, Volkswagen, etc.

Electrification Outside Automotive: A Trillion Dollar Market

The automotive sector is rapidly electrifying, with electric car sales totaling over 5.8 million units in the first half of 2023 across China, Europe, and the US. While automotive electrification is at the forefront of the public eye, other vehicle sectors also present huge opportunities, with IDTechEx predicting the global market of electric vehicles for land, sea, and air to be worth over US$1 trillion in 2044 (excl. automotive).

H2Pro

H2Pro are an Israeli start-up company looking to develop and commercialise a new alkaline electrolysis process and electrolyzer design.

Second Life Lithium

Second Life Lithium is a wholesale distributor of reusable Li-ion batteries harvested from various sources. IDTechEx caught up with the company at The Battery Show North America 2023.

Rimac Technology

Rimac Technology is a tier 1 entity that specialises in the engineering and development of electrification technologies. It is closely associated with Rimac Automobili, a prominent electric hypercar manufacturer. IDTechEx spoke to its Head of Testing at IAA Mobility 2023 to find out more about its technology, partnerships, and commercial strategy.

Three Key Trends Driving the EV Charging Market

The world is witnessing an electrifying revolution in the automotive industry. Electric vehicles (EVs) have emerged as a compelling solution to combat climate change and reduce our carbon footprint. As more and more individuals and businesses shift towards electric mobility, the demand for efficient and accessible EV charging infrastructure has skyrocketed.

Bridging the Gap: Storage & Distribution in the Hydrogen Value Chain

In recent years, interest and activity in the hydrogen sector have accelerated, driven by governments recognizing hydrogen's role in the energy transition and companies worldwide capitalizing on emerging market opportunities through the supply of services, products, technologies, and projects.