Electric Vehicles

Australian energy storage manufacturer RedEarth Energy Storage is set to bring its Australian-made vehicle-to-grid electric vehicle charge to market, and has also released two next generation products from its smart energy ecosystem.

German researchers say shared-use and digital brokerage models could lift utilization and profitability of supermarket EV charging stations by up to 255%.

Researchers in California have created a new diagnostic metric that can reportedly predict if a battery can successfully power a specific task. The proposed model could be used in electric vehicles, unmanned aerial systems, and grid storage applications.

Researchers in Spain have simulated an energy community with varying electric-vehicle penetration levels (0%, 50%, and 100%) to analyze system optimization under different regulatory frameworks and EV brands. Charging strategies significantly affected overall performance and outcomes.

The industry will reach the 1 TWh demand milestone in 2024, with China producing more than three-quarters of the batteries sold globally. The concentration of the production chain in the country has led to a fall in costs and a possible technological shift with the focus on LFP batteries. Cooperation between countries can be strategic to diversify the battery production chain and create sustained demand, assesses the International Energy Agency.

Photovoltaics continues adding capacity at a rapid pace, and 2024 was another record year for solar PV deployment. In the meantime, despite recent hurdles to widespread adoption in some countries, electric vehicle uptake grew 25% last year. Assuming a 10 kWh/day energy requirement for every new EV, the 17 million new EVs sold in 2024 would have added another 50-70 GW of new PV generation worldwide.

The CEC estimates that approximately 24,000 new chargers were installed in the first half of 2024, and the Fast Charge California Project aims to incentivize even more.

Australia’s longest connected electric-vehicle highway network is now operational, covering a 7,000 km route in Western Australia, with 110 charging points across 49 locations.

Wind and electric vehicles have come under the crosshairs for the Trump administration, while solar has been relatively unscathed – so far.

The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.