Global Race in BEV Innovation: A Look at Leading Nations and Automakers

Global Race in BEV Innovation: A Look at Leading Nations and Automakers

Dear Automotive Enthusiasts,

innovations in BEV (Battery Electric Vehicle) technology are progressing at an unprecedented pace, creating both vast opportunities and intricate challenges for global automotive players. In this sixth edition of the AutomotiveCOMPASS, we explore the competitive landscape of BEV innovations, comparing key players across corporations and countries of origin. By examining which nations and manufacturers are leading the charge, we gain insight into the shifting dynamics that will shape the future of electric mobility worldwide.


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At the Center of Automotive Management (CAM), we are deeply invested in researching and driving the innovations that will define the next era of mobility. Whether it's Electric Vehicles (EVs), software-defined vehicles, autonomous driving, or mobility services, our expertise shows the future of the mobility industry. If you're interested in exploring partnerships or collaborative research opportunities, we'd love to hear from you.

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?? Innovation Benchmark: BEV Series Innovations (2021-2023)

In our latest comparison of innovation strength, we examine automotive manufacturers in the Technology Field of BEV (Battery Electric Vehicle) series innovations from 2021 to 2023.

Source: CAM

?? Top 3 Spots Dominated by Chinese Brands:

1. Geely – 108,9 Innovation Points (IP)

2. SAIC – 76,6 IP

3. BYD – 71,6 IP

First European Entrants:

4. Volkswagen Group – 63,5 IP

5. MB Group – 57,3 IP

?? Key Insight: During this period, Chinese automakers are taking the lead in BEV technology. This temporary dominance underscores the recent momentum and innovation capabilities of Chinese brands in electric mobility—though the landscape may continue to evolve.


Source: CAM

??? Share of Innovation

When we look at the share of innovation, it becomes clear that Chinese manufacturers have gained significant ground in the past two years. Their influence has surged, while manufacturers from the USA and Germany have seen their shares in innovation slightly decline.

?? Looking Ahead: It will be fascinating to see if German and American automakers can regain their footing in this technology field or if Chinese manufacturers will continue to expand their dominance.

?? Early Data from 2024 offers a glimpse of a potential shift: preliminary and unverified insights indicate that German manufacturers are showing strong BEV innovation performance this year.

Information on the methodology and further evaluations can be found in the annual AutomotiveINNOVATIONS Report (https://automotiveinnovations.de/report/ ) or via the AutomotiveINNOVATIONS Dashboard (free trial access): https://automotiveinnovations.de/dashboard/


Best regards, Stefan Bratzel Director, Center of Automotive Management

For more information about us, visit our website: CAM – Center of Automotive Management



If we want to protect our jobs in Germany and meet this challenge, there is only one fundamental basis for this and that is 'global competitiveness'. This applies to the production of batteries, production parts and vehicles. Unfortunately, we currently have a critical competitive disadvantage of between 23-40% and that makes us fear for our prosperity.? 85% of this is not caused by the difference in energy costs (5%), but by the high personnel costs in Germany as a production location! The valuation factor is the total hourly rate of production. VW with a capacity utilization of 93%: 114,75,-€ per h? VW with a capacity utilization of 74%: 142,83,-€ per h? Companies in the automotive industry in Germany/BW of 93%: €81.79 per hour China with a capacity utilization of 93%: €34.05 per hour Poland with a capacity utilization of 93%: €36.86 per hour https://valueforce.de/

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Felix G.

Business Consultant & Investor | Autonomous Vehicle Consultant | M.ENG. Systems Engineering Student @ ASU | Satellite Communications, OTA, Wi-Fi, NFC

2 周

Except you forgot to include Tesla.

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