China is at the global forefront of the electric vehicle (EV) and EV battery industries. Its firms produce nearly two-thirds of the world''s EVs and more than three-quarters of EV batteries. They also have produced notable innovations in EV products, processes, and customer experiences.
Customer ServiceBlockchain technology is an alternative for the implementation of effective public policies because by assigning a unique identification for the batteries it is possible to track the
Customer ServiceThis special report by the International Energy Agency that examines EV battery supply chains from raw materials all the way to the finished product, spanning different segments of manufacturing steps: materials,
Customer ServiceExisting energy trading systems have made use of knowledge and communication technologies (ICT) to conduct energy trading among EVs. The surplus energy of an EV battery is estimated and sold back to the electric vehicle or grid station using an ICT-based energy trading platform.
Customer ServiceAlgorithms for the control and optimisation of assets including batteries can be an energy trader''s best friend - nearly all of the time. Aaron Lally, managing partner at UK-based clean tech trading house, VEST Energy,
Customer ServiceBlockchain technology is an alternative for the implementation of effective public policies because by assigning a unique identification for the batteries it is possible to track the batteries throughout their value chain, facilitate the collection of batteries, eliminate or reduce the rate of batteries "Missing", estimate accurately based
Customer ServiceToday''s technologies, techniques, and systems leveraged for managing energy trading operations in electric vehicles fall short in providing operational transparency, immutability, fault
Customer ServiceAbstract: This paper proposes auction-based energy trading among electric vehicles (EVs) with consideration of practical battery status. At an arbitrary time, each EV can
Customer ServiceThis study considers the remanufactured electric vehicle battery (EVB) supply chain under government subsidies and carbon trading policies. The Stackelberg game theory model was used, in which four decision makers were specified to follow a given sequence. Regular EVB suppliers make decisions based on that of green EVB suppliers to finalize EVB
Customer ServiceGlobally, 95% of the growth in battery demand related to EVs was a result of higher EV sales, while about 5% came from larger average battery size due to the increasing share of SUVs within electric car sales.
Customer ServiceAs EV sales continue to increase in today''s major markets in China, Europe and the United States, as well as expanding across more countries, demand for EV batteries is also set to grow quickly. In the STEPS, EV battery demand grows four-and-a-half times by 2030, and almost seven times by 2035 compared to 2023.
Customer ServiceSunwoda Electric Vehicle Battery Co., Ltd. operates as a wholly-owned subsidiary of Sunwoda Electronic Co., Ltd. Dedicated to pioneering the electric vehicle battery pack industry, Sunwoda excels in providing cutting-edge lithium battery integration technology to both domestic and global new energy vehicle companies. Within the realm of electric vehicle
Customer ServiceThe Model for International Electric Vehicle Trade (MONET) is a policy-scenario model that combines up-to-date EV demand forecasts, light-duty vehicle global trade flows under different scenarios, and battery characterization to estimate future EV production and battery requirements per country. Results indicate that future EV global trade will
Customer ServiceFor microgrids (MGs) with electric vehicle prosumers, effective time-of-use based energy trading is important for multi-vehicles-to-MG system. In this paper, a Stochastic Stackelberg game (SSG) model is proposed. The model is based on the Stackelberg game, where the sellers act as leader and the buyers are considered as follower. First, according to
Customer ServiceAI-powered trading accelerates the transition to clean energy. The declining cost of battery technology makes battery energy storage systems (BESS) attractive to innovators and investors alike. But affordability is only
Customer ServiceExisting energy trading systems have made use of knowledge and communication technologies (ICT) to conduct energy trading among EVs. The surplus energy
Customer ServiceThis paper proposes a new peer-to-peer energy trading framework between EV aggregators and local entities with distributed energy resources. The framework enables the efficient use of EV batteries for various vehicle-to-everything (V2X) operations, like vehicleto-grid and vehicle-to-vehicle, while ensuring safe operation and
Customer ServiceThe Model for International Electric Vehicle Trade (MONET) is a policy-scenario model that combines up-to-date EV demand forecasts, light-duty vehicle global trade flows
Customer ServiceThe global electric vehicle (EV) market has experienced considerable growth over the last several decades to meet the demand for lower emissions and achieve sustainable development goals. This study considers the remanufactured electric vehicle battery (EVB) supply chain under government subsidies and carbon trading policies. The Stackelberg
Customer ServiceThis special report by the International Energy Agency that examines EV battery supply chains from raw materials all the way to the finished product, spanning different segments of manufacturing steps: materials, components, cells and electric vehicles. It focuses on the challenges and opportunities that arise when developing secure, resilient
Customer ServiceAs EV sales continue to increase in today''s major markets in China, Europe and the United States, as well as expanding across more countries, demand for EV batteries is also set to grow quickly. In the STEPS, EV battery demand grows
Customer ServiceElectric Vehicles (EVs) have emerged as one of the most promising solutions for reducing carbon emissions in smart cities. However, due to the limited battery life of EVs and the scarcity of charging stations, EV drivers are not willing to travel long distances. Thus, blockchain-enabled energy trading (BET) has lately been used to securely share energy among EVs via wireless
Customer ServiceThe rapid increase in ownership of new energy vehicles has resulted in a surge in retired power batteries, necessitating the development of an efficient recycling system.
Customer ServiceMore batteries means extracting and refining greater quantities of critical raw materials, particularly lithium, cobalt and nickel. Rising EV battery demand is the greatest contributor to increasing demand for critical metals like lithium. Battery demand for lithium stood at around 140 kt in 2023, 85% of total lithium demand and up more than 30
Customer ServiceAI-powered trading accelerates the transition to clean energy. The declining cost of battery technology makes battery energy storage systems (BESS) attractive to innovators and investors alike. But affordability is only one item in a long list of compelling attributes. Batteries play an elementary role in the energy transition as they reduce
Customer ServiceAbstract: This paper proposes auction-based energy trading among electric vehicles (EVs) with consideration of practical battery status. At an arbitrary time, each EV can be a seller or a buyer according to their residual battery level and required energy for reaching the predefined destination.
Customer ServiceThis study considers the remanufactured electric vehicle battery (EVB) supply chain under government subsidies and carbon trading policies. The Stackelberg game theory model was used, in which four decision makers were specified to follow a given sequence. Regular EVB suppliers make decisions based on that of green EVB suppliers to finalize EVB
Customer ServiceThis paper proposes a new peer-to-peer energy trading framework between EV aggregators and local entities with distributed energy resources. The framework enables the
Customer ServiceThis study considers the remanufactured electric vehicle battery (EVB) supply chain under government subsidies and carbon trading policies. The Stackelberg game theory
Customer ServiceThe battery recycling sector, still nascent in 2023, will be core to the future of EV supply chains, and to maximising the environmental benefits of batteries. Global recycling capacity reached over 300 GWh/year in 2023, of which more than 80% was located in China, far ahead of Europe and the United States with under 2% each.
Energy trading is a cost-effective approach to relieve strain on the local grid even while making money. Energy trading is used to offer excess power to the grid or to sell these products to local users, charging stations, or communities. Energy trade is categorized based on the buyer. (1) Feed-in tariff; (2) peer-to-peer (P2P).
The regular supplier will then follow the leader's decision to determine the wholesale price produced by natural materials. Second, the EV manufacturer optimizes the two different retail prices of batteries.
The EV industry may face the challenge of a shortage of batteries owing to the lack of raw materials as well as high EV battery (EVB) costs, which account for over 30% of the total EV production costs .
The majority of battery demand for EVs today can be met with domestic or regional production in China, Europe and the United States. However, the share of imports remains relatively large in Europe and the United States, meeting more than 20% and more than 30% of EV battery demand, respectively.
Other identified challenges in the supply chain for EV batteries, besides the exponential growth of demand, are the high volume of the supply chain concentrated in East Asia, difficulty in accessing raw materials, and environmental and health concerns associated with the extraction of key minerals (18).
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