Week 41: Over 400 million chargers are needed for Trucks

We will keep you up to speed on the latest EV reports that we post on a weekly basis. Subsequently, we are delighted to inform you that we currently have over 400 reports in our database.
Did you know that by 2030, global markets within the Zero Emission Vehicles Transition Council (ZEVTC) would require more than 100 million chargers, including 6.2 million public ones representing 240 GW of public installed power output?

In week 41 we added the following reports:

  • Deploying charging infrastructure to support an accelerated transition to zero-emission vehicles | The Zero Emission Vehicles Transition Council
  • Preparing the world for zero-emission trucks | McKinsey
  • Achieving resilience and sustainability for the EV battery supply chain | Arthur D little
  • Electric vehicles: tax benefits & purchase incentives | ACEA
  • Time vs. Capacity—The Potential of Optimal Charging Stop Strategies for Battery Electric Trucks | MDPI
  • The importance of regional value creation structures in the battery industry | VDI/VDE Innovation

The reports are shared and available free of charge in our database.

Governments must act now to assure long-term growth for an electric truck infrastructure.

In their latest report, the ICCT forecasts that the cost of hardware, installation, and planning for public and private charging infrastructure in all ZEVTC jurisdictions will be around €336 billion by 2030. These expenses will be split equally between the public and private sectors.

Emerging government programmes demonstrate that infrastructure plans must incorporate stakeholder planning and cooperation that breaks through silos across energy, transportation, and environmental authorities, as well as electrical providers.

Deploying charging infrastructure to support an accelerated transition to zero-emission vehicles | The Zero Emission Vehicles Transition Council

Electric trucks contribute to the cost-effectiveness of commercial road transport.

According to this paper from Mckinsey, in 2040, the world’s three biggest markets (the EU, the US, and China) will have switched the majority of their commercial trucks to zero-emission powertrains.

Government subsidies and other incentives will be required at first, but the project’s improved TCO performance will rapidly accelerate the adoption of battery electric trucks.

Preparing the world for zero-emission trucks | McKinsey

Current Li-On battery supplies will not meet the predicted demand.

Batteries are critical to present and future generations of electric vehicles. However, the precious metals required for today’s lithium-ion (Li-on) batteries are sparse, and current supplies will not match the expected demand in many circumstances.

According to this study by Arthur D Little, success requires new, more circular techniques across the larger battery value chain, built on increased transparency and an end-to-end view that will provide future supply security.

Achieving resilience and sustainability for the EV battery supply chain | Arthur D little

21 EU members offer incentives for buying an electric vehicle

By 2022, 21 EU members offer buying incentives for Electric vehicles which is four times the amount compared to 2021.

ACEA has created a comprehensive summary of the available tax incentives for purchasing an Electric Vehicle in the EU. This overview outlines the tax benefits of commercial and private ownership and acquisition. It also shows the buying incentives such as premiums and bonuses for purchasers.

Electric vehicles: tax benefits & purchase incentives | ACEA

Optimal charge stops strategies reduce constraints for electric trucks

The electrification of the transport industry, and therefore of road-based transport logistics, is critical to meeting European climate objectives. Battery electric trucks have the highest potential for CO2 savings. However, given their restricted range in comparison to traditional vehicles, they are vulnerable to limits due to charging events.

The MDPI quantifies these constraints and illustrates the possibilities of optimum solutions in this research. The optimization challenge of modelling an ideal charging stop strategy is explained analytically and addressed by a genetic algorithm.

Time vs. Capacity—The Potential of Optimal Charging Stop Strategies for Battery Electric Trucks | MDPI

A prominent success factor for sustainable battery development

Regional closeness is frequently a success element in economic collaboration. This paper focuses on cluster projects in particular. Their potential to promote the long-term growth of the battery sector in Germany and Europe is investigated. On the one hand, clusters as regional network structures can provide excellent chances for connecting with stakeholders in an area as well as prospective relevant cooperation partners due to their theme focus. Clusters, on the other hand, are important stakeholders in innovation.

The importance of regional value creation structures in the battery industry | VDI/VDE Innovation

We hope that these reports will help you stay up to speed in the fast-moving industry. We will upload new reports next week, so be sure to check them out. Best of luck and have a great work week.

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