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2024 Update Coming Soon Published Date: July 2022 Pages: 163
Now, that the electric vehicles are treading the path towards being mainstream, the biggest hurdle for their widespread adoption is still “range anxiety”. This can be countered by adding a bigger battery and developing an inter-operable fast charging network.
On one hand, a well-established charging infrastructure requires time, patience and a concerted effort from multiple stakeholders viz OEMs, energy companies and politicians. On the other hand, the long-range batteries, which could offer an optimal mix of 600km+ range, weight, reliability and price are still under development.
The charging device for Level 1 and Level 2 charging comes factory-installed and is called the “on-board charger”.
A 3.7 kW on board charger provides ~12 miles per hour of charge whereas a 7 kW on board charger provides ~22 miles per hour of charge. The charging speed may vary, but the most common on board chargers in the US and EU are greater than 6.6 kW on battery electric vehicles (BEVs) and 3.7/7.4 kW on plug-in hybrid electric vehicles (PHEVs).
The future of this market is moving towards greater and more efficient charging power of onboard chargers, hence many OEMs like Renault have started producing models with OBC power greater than 20kW.
In China, where low-speed EVs manufactured by domestic companies became very popular in 2016-2018 had a 3.7kW on board charger, but a policy change related to incentives in Aug 2019 proved to be a deadly blow to those cars.
China also plans to reduce the NEV subsidies by 30% in 2022 and completely stop EV subsidies by the end of the year hence the number of compact city-only BEVs on sale is significantly lower.
The cost to charge an EV at public charging stations varies by a reasonable amount. A few stations are free, while others can cost over twice as much as home charging. Be that as it may, the effect of high open charger costs is regularly quieted by the high dominance of home charging.
Public chargers, like those at malls or near highways, and those at workplaces are subject to commercial electricity rates, which are higher than residential rates. At times, it can cost so much to charge an electric car that it makes more sense to drive a gasoline-powered vehicle. This universal reason warrants the presence of an on-board charger in an electric vehicle.
The high price of electric cars, thin and inconsistent infrastructure, and range anxiety, as compared to ICE (internal combustion engine) powered cars, have been a major barrier to EV adoption. But, the cost is no longer as daunting as electric car batteries have gotten cheaper, government subsidies have increased, and dealerships have begun offering affordable leases.
Now, the question of where to charge is a bigger issue, especially for the urban population, who live in multi-unit apartment buildings. Many of them don’t have a dedicated parking spot, which makes it difficult to charge an electric car at home.
In the past 5 years, the Chinese government has been making a concerted push towards what it calls ” new energy vehicles” to help reduce greenhouse gas emissions, smog, and traffic congestion.
The mandatory sales quota introduced by the Chinese government for 2019,2020 and 2021 was supposed to be a major driver for the EV on board charger market. But, the subsidy cut in June 2019 resulted in the de-growth of EV volumes in July- Nov 2019. As a result, Chinese EV sales volume declined by 4% in 2019 YOY, which grew at ~30% in H1-2019 as compared to H1-2018.
However, the year 2021 saw an increase of about 153% year-over-year for the total plug-in electric car registrations in China from 1.27 million in 2020 to 3.2 million in 2021.
The cost of building the EV infrastructure requires massive capital investment and cooperation from state and local administration, which of course is not very easy to find. As of 2021, ~200,000 DC fast chargers were installed across the globe. Read our EV fast charger market report to know more about the charging infrastructure issues globally.
PHEV registrations increased by 70.7% from 507,917 units in 2020 to 867,092 in 2021. Battery electric vehicles posted similar growth (+63.1%) throughout 2021, going from 538,734 to 878,432 cars sold.
This growth was rather modest compared to 2020, but the surge in BEVs especially in the last quarter (+216.9%) was largely driven by government norms for low- and zero-emission vehicles introduced in the wake of the pandemic.
France, Germany, Netherlands and Scandinavian countries were drivers for increased EV sales in Europe. Growing BEV sales in Europe is an important growth driver for the global EV on board charger market.
As of 2021, Germany is the leading European country with 1.38 million plug-in cars registered since 2010 and Norway has the highest market penetration per capita in the world and also has the world’s largest plug-in segment market share of new car sales, 86.2% in 2021.
In 2021, EV sales (Passenger and Commercial) in Europe totalled 2 million+ units as compared to China with 3 million+ units sales.
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Chinese EVs produced by domestic OEMs occupied 8 out of the top 10 best-selling spots in 2020. Most of those EVs had a 3.3/3.7/7.2kW on-board charger but post changes in subsidy by the Chinese government, many Chinese OEMs had to upgrade the battery capacity on those vehicles to improve range and thus the demand grew for higher power on-board chargers in 2019.
Most plug-in hybrid electric vehicle (PHEV) makers have adopted onboard chargers with 3.7 kilowatts (kW). While top-end PHEVs are adding to the trend of 7kw, low-end PHEVs are still utilizing 3.7 kW onboard chargers.
Presently, BEV makers are moving towards onboard chargers with more than 6.6 kW power output to reduce the home /workplace charging time. 11kW chargers are also seeing increased deployment across BEVs with 22kW coming up in a niche segment of vehicles.
Ford’s target with their Ford + plan is to produce and sell 2 million EVs across the globe by 2026, with Europe being a target market for this goal. Ford also has a tie up with Volkswagen to achieve this as well as a battery plant upcoming in Turkey. The models launched under this plan will have a 7.2/11 kW onboard charger with 11/22 kW onboard charger optional
In the commercial vehicle segment, we see a stronger demand for LCVs(Light commercial vehicles). As city planning authorities tighten the noose on urban CO2 emissions, the LCVs used for last-mile distribution will be electrified first. They are also well suited for electrification because they are driven within city limits at <60kph and do a high number of trips but low overall distance.
The market size(volume) of on-board chargers will be proportional to EV market growth (6.9 Million units in 2021), but market value will have close co-relation with the battery capacity.
Researchers at the Indian Institute of Technology’s Department of electrical engineering have created a new technology for vehicle onboard chargers.
They believe that their technology is half the price of current onboard chargers and that it will lower the cost of two- and four-wheeled electric vehicles.
According to the team, one of the country’s main electric car manufacturers has expressed interest in this new technology and is ready to build a full-fledged commercial product that can be applied to existing electric vehicles.
An Intermountain West fast-charging network for electric vehicles is being developed by the Fall River Rural Electric Cooperative in Idaho.
The “West Electric Highway,” which runs through eight western states and also includes Arizona, Colorado, Nevada, New Mexico, and Utah, was inaugurated by co-op executives and governmental authorities from Idaho. Participants have given it the name Charge West and claim it to be the largest EV corridor collective in the country. An EV battery may be charged to 80% by drivers in around 20 minutes.
The global shared intelligent electric mobility ecosystem company Faraday Future Intelligent Electric Inc., with headquarters in California, today announced a partnership with Meta System to become the manufacturer of on-board power management modules for its ultra-luxurious FF 91 EV and upcoming FF 81 vehicles.
The FF 91 will provide industry-leading AC charging capabilities thanks to Meta System’s deep expertise in power conversion of electrified powertrain systems and its technologically advanced products with higher efficiency and safety standards, giving our drivers more time to spend behind the wheel.
A subsidiary of FirstEnergy Corp., Jersey Central Power & Light (JCP&L), has introduced EV Driven, a new four-year program that offers incentives for electric vehicle charging infrastructure. The program will improve the state’s environment by lowering auto emissions, according to the New Jersey Board of Public Utilities (BPU), which recently approved it.
Residential charging is one of the $39.8 million program’s plans. It offers incentives of up to $1,500 for customer electrical upgrades required for the installation of up to 2,000 qualified Level Two electric vehicle chargers in JCP&L’s service area.
Amounts up to $5,500 in utility upgrades, such as brand-new poles, transformers, and service wires needed to support the chargers, may also be available to qualified residential customers. Incentives for bill credits may also be offered to promote off-peak charging.
The ABB company has launched the Terra 360 which is a modular charger that can charge up to four vehicles at once with dynamic power distribution. This means that if someone else is already charging ahead of them, they will not have to wait. They just connect to a different plug.
The new charger has a maximum power of 360 kW and can fully charge any electric car in 15 minutes or less, addressing the needs of a wide range of EV drivers, whether they require a quick charge or want to top up their battery while grocery shopping.
With charging choices to satisfy a multitude of needs, the Terra 360 is the key to meeting that demand and advancing worldwide e-mobility adoption.
Sunrun, the top residential solar, battery storage, and energy services company in the country, announced the availability of its new Level 2 EV charger. The new item helps the nation’s expanding demand for electric vehicles and completes the company’s line of home energy management solutions.
In light of the fact that 80% of EV charging occurs at home and that utility costs have increased by over 14% nationwide, Sunrun customers will be able to charge their EVs using pure solar power while simultaneously benefiting from lower, more predictable energy costs.
The new 40-amp Level 2 EV charger from Sunrun is a practical option that works with all EV models and can charge an EV overnight. Additionally, the charger has intelligent features that let users customize charger options and manage charging.
The leader in commercial trucks and vans in America, Ford Pro, is revealing a wide range of charging devices, from small home chargers to expansive depot charging systems. Each of these systems is supported by integrated installation, software, servicing, and Ford Pro FinSimple financing.
Ford Pro Charging hardware will be available alongside the brand-new Ford E-Transit, which is currently being delivered to dealers, and the brand-new Ford F-150 Lightning Pro, which is scheduled to begin shipping this spring. This will enable customers to use other electric vehicle brands with secure OEM data.
Ford clever Backup Power, which supports bi-directional charging, was one of the technologies that attracted the most attention when the F-150 Lightning was first introduced. In other words, the electric pickup truck can plug into practically anything and transfer power back to power a house, another car, or other device.
With the acquisition of South Korean EV battery charger developer Apple Mango, LG announced its entry into the EV charging market. It said that by making the change, it will be able to design “fully featured” charging stations with an easy-to-use interface and real-time control and management.
It will be able to make use of its “durable, dust- and water-proof” outdoor digital display technology in particular. In the field of electric mobility, LG is well-known for creating batteries, screens, and sensors for electric vehicles. In order to create e-motors, inverters, and onboard chargers for cars, it recently partnered with Magna International.
By combining the new charger capabilities with its existing internal EV charging management systems, the acquisition will increase that. Since its founding, Apple Mango has created proprietary technology, such as a compact and quick EV charger.
To create the required infrastructure, LG will also collaborate with business partners GS Energy, which runs EV charging stations, and IT service provider GS Neotel. According to TechCrunch, LG purchased a 60% investment in Apple Mango, followed by GS Energy with a 34% stake and GS Neotel with a 6% share.
At the LG Digital Park in South Korea, LG intends to set up a production line for EV chargers. The objective is to offer unique EV charging options to a range of clients, including private dwellings, malls, hotels, and public structures.
The COVID-19 pandemic has had a large impact on transportation and the automotive industry. As people around the world face lockdowns and government restrictions on travel, the automotive industry has suffered a massive downturn in demand. This has had a drastic effect on the Electric Vehicle (EV) Charger market.
The electric vehicle charger is a key component in EV ownership, allowing electric cars to charge quickly and safely at home, at work, and even when out and about travelling. It is an essential part of the electric vehicle ecosystem and has been a key factor in the growth of sales of electric vehicles over the past few years.
However, due to the pandemic, people are spending less time in their cars, whether commuting to work, taking a long weekend journey or simply going out for dinner. This has meant that demand for EV chargers has dropped significantly. Additionally, while EV sales have declined, new car sales have been hit especially hard and this has had a knock-on effect on the EV charger market.
Despite this, there are still opportunities for companies in the EV charger market to capitalise on the current situation and, in turn, help to promote the continued growth of the electric vehicle industry.
One way in which companies can make the most of the current climate is by selling smaller, lower-cost EV chargers that can be kept in the home and provide an easier and more affordable way to keep electric cars charged and ready to go. Such chargers can make it easier for people to stay within their local area, if they are permitted to, and still be able to enjoy the convenience of an electric car.
Additionally, some charging companies are offering discounts or special offers for EV charging networks, allowing owners to pay a single subscription fee and have access to multiple charging stations, making charging convenient and cost-effective.
Furthermore, companies have an opportunity to focus on the home charger market and make home chargers as affordable as possible. For example, a study by the Energy Institute at Berkeley proposed incentives that could provide up to thirty percent discounts on home chargers and installers for people living in disadvantaged communities.
Finally, manufacturers need to continue to focus on developing energy efficient charging solutions. By producing solutions that are more efficient and require less power to charge cars, the industry can take advantage of cheaper, renewable energy sources and help improve the carbon footprint of electric cars.
Overall, the COVID-19 pandemic has had a major impact on the EV Charger market. Despite this, with smart and creative strategies in place, companies in the electric vehicle industry can take advantage of the current climate and emerge in a strong position.
In addition to a single charge port pedestal that works with CCS-1 vehicles, the company has created a 50kW DC fast charger power module with a scalable architecture to deliver power levels above 300kW.
The On-Board Charger is essentially responsible for converting grid-supplied AC power into the DC voltage required to charge the vehicle’s battery pack.
Lincoln Electric‘s DC fast charger contributes to meeting these crucial requirements and makes use of the company’s long history of producing top-tier, high-power electronic equipment for industrial applications that demand mission-critical operation at high duty cycles and around-the-clock availability.
The company’s technology outperforms many of the EV chargers on the market today in terms of durability and dependability under a variety of challenging outdoor working circumstances. Furthermore, the company believes its broad domestic field service network could grow for maintenance and engineering service support, and its domestic production of PC boards and equipment power sources exceeds the Infrastructure Investment Act’s domestic content standards.
As the world gets ready for the E-Mobility revolution and the adoption of sustainable forms of transportation, the Emiel’s shift to electric vehicles (EVs) is mainly being driven by rising technical improvements in vehicle electrification, spanning from battery to power electronics, charging to vehicle engineering.
Plug-in hybrid (PHEV) and battery electric vehicles (BEV) can be charged with AC power everywhere there is an AC power source, such as at home or in public areas, due to the “On-Board Charger” (OBC) technology that comes with the electric car. In addition to offering safety and charge monitoring, it also takes care of charging the battery pack.
The STDES-7KWOBC is an on-board charger (OBC) reference design that enables users to charge the battery of an electric vehicle (EV) using either a private or public AC charging station or a home’s mains plug.
Two components are included in the reference design: a twin galvanic isolated full bridge LLC DC-DC ZVS resonant converter based on M Dmesh DM6 super-junction power MOSFETs and an interleaved totem pole PFC with SiC. The power platform, a 7 kW module, can be used as a standalone (1 PH + N), in parallel, or in 3-phase mode (3 Ph + N) to achieve 21 kW. It can also produce a constant current (CC) or constant voltage (CV) on the output.
Forced air or liquid cooling, as well as extremely efficient heat dissipation, are made possible by the insulated metal substrate (IMS) underneath the aluminum base plate. By using wires or bus bars to connect modules of the same kind, each reference design module makes it simple to connect other modules of the same type and increase output power.
The high power density and efficiency achieved by Sic and SJ power MOSFETs, silicon and Sic diodes, gate drivers, the automotive-grade microcontroller power architecture, and SCR thyristors for inrush current limiting are the important components of this reference design.
More than 15 companies are active in the on board charger market. Meta Systems S.p.A, and LG Electronics are among the global market leaders. Leopold Costal and Delong Technology are the leading players in the European and Chinese on board charger market respectively.
World`s two biggest EV manufacturers, Tesla and BYD produce on-board chargers in-house. The average B-2-B price of an on-board charger is $xx per KW, which will come down by XX% by 2030.
The competitive landscape of EV on-board charger market is extremely fragmented due to the presence of many low-volume domestic regional suppliers in China.
As of Jan 2022, there are just 4 suppliers excluding BorgWarner who are offering a combined package(DC-DC Converter and Inverter) i.e. Delphi, Hyundai Mobi’s, Continental and Delta Electronics(in collaboration with GKN). But, in coming years we expect many more suppliers to offer an integrated power electronics package including onboard charger to increase their dollar content per vehicle.
In terms of new product development, the utilization of Gan HEMTs in onboard chargers is being worked on to increase efficiency to 98% from 94%. Safety and thermal management are the top 2 areas of research undertaken by on-board charger manufacturers globally as power output of on-board chargers has been continuously increasing.
North America
The North American market, particularly the USA, will be one of the prime markets for (EV On Board Charger Market) 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 (EV On Board Charger Market) 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 (EV On Board Charger Market) 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 (EV On Board Charger Market) in the region.
Asia
Asia will continue to be the global manufacturing hub for (EV On Board Charger 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 (EV On Board Charger 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 (EV On Board Charger 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.
Following companies are profiled in global EV on board charger Market,
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