JAPAN EV CHARGER MARKET

INTRODUCTION

A charging station, also known as an electronic charging station (ECS), an electric recharging point, a charging point, or an electric vehicle supply equipment (EVSE), is a device that provides electric energy to charge plug-in electric vehicles, such as automobiles, trucks, buses, and other vehicles.

Connectors that adhere to different standards are offered by charging stations. Chargers come with a variety of adaptors, including Combined Charging System (CCS), CHAdeMO, and AC fast charging, for common direct current quick charging.

Rising carbon emissions from the transportation industry have stoked environmental concerns throughout Japan, which are being closely watched by the Japanese government through promoting the use of electric cars, such as HEVs, PHEVs, and BEVs. As a result, there are increasingly more electric vehicles on the road, which is anticipated to increase the need for related charging infrastructure.

JAPAN EV CHARGER MARKET SIZE AND FORECAST

The Japan EV Charger Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

JAPAN EV CHARGER MARKET NEW PRODUCT LAUNCH

Tritium, an Australian manufacturer of ultra-fast electric car chargers, has introduced the Vee fil-PK, its most potent model, for the first time in Japan. Vehicles may add up to 350 kilometers of driving range in only 10 minutes thanks to the Vee fil-maximum PK's charging rate of 350kW. 

The Vee fil PK is ideal for the Japanese EV industry due to its relatively compact footprint and connection to a 24/7 worldwide support network for simple usage and maintenance.

Due to the high cost of real estate in Japan, it might be difficult for many organizations to locate room for electric car chargers.

As Japan prepares to make the next required step toward ultra-fast charging, the Vee fil PK can be deployed in a smaller physical space than any other charger now available.

Although the Porsche Tay can is the only production car available for sale anywhere in the world that can fully utilize the Veefil-350kW PK's charge rate, the installation of these powerful units guarantees that EV charging networks are future-proof.

JERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and deployment of the world's first large-capacity Sweep Energy Storage System. The system is powered by recovered batteries from electrified cars (HEV, PHEV, BEV, FCEV) and is linked to the consumer electrical power grid. It goes into service today.

Storage battery demand is predicted to rise in the future as they become crucial supply-stabilizing instruments for growing renewable energy in the march towards CO2 emissions reduction, a critical component of reaching carbon neutrality.

At the same time, limited supplies of battery elements such as cobalt and lithium necessitate that ecologically aware activities such as recovering abandoned electric vehicle batteries for beneficial usage are necessary.

Toyota's new storage system has a sweep feature that allows recovered car batteries with considerable variances in performance and capacity to be used to full capacity regardless of their state of degradation. Toyota Central R&D Labs, Inc. created the sweep function, which is a device that can flexibly manage energy discharge by switching electrical flow on and off (bypassing) through series-connected batteries in microseconds.

Furthermore, the sweep function allows for direct alternating current (AC) output from the batteries, while utilizing integrated inverters eliminates the requirement for a power conditioner (PCS). This helps to reduce expenses and eliminate power loss while converting from AC to DC through PCS, with the goal of enhancing energy efficiency.

The project intends to run grid storage batteries for recharge and discharge operations from a facility at JERA's Yokkaichi Thermal Power Station, which will be linked to the Chubu Electric Power Grid Co., Inc. power distribution system. JERA and Toyota want to deploy roughly 100,000 kWh of provided power lowering not just the total cost of the energy storage system but also contributing to CO2 emission reductions.

Furthermore, JERA is developing a low-impact technique for recycling lithium-ion batteries for electrified cars, which Toyota intends to help by utilizing the expertise and information gained through its previous battery recycling programmers. Both firms want to expedite their efforts towards resource recycling by collecting discarded batteries and repurposing resources.

JERA will continue to work actively not only within the energy industry, but also with leading companies in Japan and abroad, to develop technologies such as battery storage systems and services that contribute to optimal energy utilization and the realization of a decarbonized and resource-recycling society.

Toyota actively promotes electrified vehicle adoption and pursues effective battery use, including electrified vehicle battery reuse, for the development of social infrastructure that will support widespread electrified vehicle adoption, expand the use of renewable energy, and promote resource recycling in the pursuit of carbon neutrality.

THIS JAPAN EV CHARGER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Japan EV Charger Market right now and how will it change in next 5-6 years?
2. Average cost to set up aEV Charger Market in Japan?
3. How manyJapan EV Charger Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Japan EV Charger Market and key vendor selection criteria
6. Where is theJapan EV Charger Market manufactured? What is the average margin per equipment?
7. Market share ofJapan EV Charger Market manufacturers and their upcoming products
8. The most important planned Japan EV Charger Market in next 2 years
9. Details on network of majorJapan EV Charger Market and pricing plans
10. Cost advantage for OEMs who manufactureJapan EV Charger Market in-house