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From the early days of the automobile until now, tires have seen many technological advancements. Improvements in raw materials and chemical compounds have led to tires that perform more effectively. Whether it is compounds offering better grip in snow and ice or compounds providing improved wet handling, technology continues to enhance tire performance.
Electric cars require special tires for a variety of reasons, tire manufacturer Continental said in a press release Friday. Their tires must handle more weight compared to internal combustion vehicles and deliver more torque to the road when moving away from a stop, the company noted. Because of their near-silent powertrains, tire noise is also more noticeable in electric cars than internal-combustion vehicles, where it is partially masked by engine noise.
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The demands placed on future electric vehicle tires and mileage are of most essential requirements. Tires themselves can have a huge effect on EV range and so can wheels. Multiple tests have shown that swapping out stock low rolling-resistance tires and aerodynamic wheels for aftermarket items can decrease range, although it can also improve handling.
With the advent of electric vehicles and their significant lower propulsion noise emission it is possible to assess the tyre-road noise through cruise-by measurements with an increased accuracy, even at speeds where a combustion engine propulsion system would usually disturb the measurement results.
In order to ensure a high range with one single battery charge, a low rolling resistance between the tyre and the road surface, which leads to less energy dissipation, is advantageous.
The rolling resistance rating provided by the EU tyre label has been used as the primary selection criterion for potential tyres for EVs. The second selection criterion represented the tyre label rating for wet grip, whereas a lower rating implies a shorter braking distance.
In the recent market, Hankook is at the forefront of EV tyre tech. Hankook’s new, dedicated EV tyres feature special compounds, pioneering construction methods and unique tread patterns, all with battery-powered motoring in mind.
Due to the weight of their batteries, the overall weight of the electric vehicle tends to be heavier. As battery technology advances, that weight disparity will diminish, possibly disappearing entirely but today the weight difference is in the 15% to 20% range, depending on the model of the vehicle.
To know more about US Electric Vehicle Tire Market , read our report
The Global Electric Vehicle Tire Market can be segmented into following categories for further analysis.
The differences between present-day electric vehicles and traditional, gas-powered vehicles are significant. EVs are generally heavier than their internal combustion engine-equipped counterparts. They generate more torque and less noise.
And EV range is not always comparable to what a tank of gas can deliver, although OEMs are working hard to extend range limits. EVs put more torque onto the road when moving off, and the almost silent powertrain means other sounds such as tire noise become more prominent.
Electric cars have immediate torque, which means they accelerate the moment you press the accelerator. The strong immediate torque of electric cars, on the other hand, might increase wear and tear.
The rubber composition used in EV tyres must have minimal rolling resistance in addition to strong traction. . In recent years a number of companies and inventors have been working on creating airless tires that would be impossible to puncture. Non pneumatic tyres are the tires which are not supported by air i.e. they are airless.
There are high-tech compounds which provide robust connections between the silica and the rubber. This allows an optimal adaptation to varying road conditions, which ultimately improves the tire’s rolling resistance and consumption.
To meet the heavy demands of the high performance of electric sports cars, the tire has a reinforced bead with so-called bead-packing technology, as well as high lateral stiffness for precise handling even at high speeds.
Tires are the heart and soul to operational mechanism of the EV at all times throughout its life that contributes to being the least expensive conglomerate part onboard the vehicle.
The EVs tyres need to be technologically advanced and better modified through various requirements being fulfilled at all times. the additional weight of any batteries and electric motor is offset by increasing the load-bearing capacity of the tire carcass, as indicated on most tires by an XL symbol on the sidewall.
Energy losses due to tires are of particular concern to EV manufacturers. With rolling resistance accounting for up to 20% of a vehicle’s energy consumption.
The French Tire Maker, Michelin recently has developed and technologically improvised the tire technology so as to have better noise reduction in the vehicle propulsion.
To further reduce road noise with a compound that’s 20% quieter, thanks to custom-developed polyurethane foam that keeps the unpleasantries out of the cockpit. This tire Technology is completely carbon neutral. Michelin aims to tackle these exact issues of EV operations with the models of e Primacy and the Pilot Sport EV tires, designed for high-performance and sports electric cars.
The Tire Major Continental AG, EV Tires under the product of EcoContact™ 6. It provides a high-tech compound that provides robust connections between the silica and the rubber. This allows an optimal adaptation to varying road conditions, which ultimately improves the tire’s rolling resistance and consumption.
The tire technology ContiSilent™ is a tire noise-reducing technology which is designed to reduce interior noise on all road surfaces and leads to a greater comfort. ContiSilent™ helps reduce interior vehicle noise up to 9 dB(A).
North America
The North American market, particularly the USA, will be one of the prime markets for (Electric Vehicle Tire) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Electric Vehicle Tire) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Electric Vehicle Tire) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Electric Vehicle Tire) in the region.
Asia
Asia will continue to be the global manufacturing hub for (Electric Vehicle Tire Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Electric Vehicle Tire Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Electric Vehicle Tire Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
USA – $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region.
Europe – EIC is investing €1 billion to innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high end technological R&D investments.
Asia – There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia.
Africa – Investments in the region are focused on improving the technological capabilities in the region along with socio-economic development and growth. Private participants of investments in this region is venture capital dominated who are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing.
Latin America – The focus in the region is for fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments is focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region.
Rest of the World – The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand.
