Going Electric: Bold EV Moves and Tech Advances
MotiveAsia -- Sept. 9, 2024

Going Electric: Bold EV Moves and Tech Advances

Dear readers,

Sharp is set to enter the electric vehicle (EV) market, planning to unveil a concept mini-van at a Tokyo tech event on September 17.

U.S. Treasury Secretary Janet Yellen may meet with Chinese Vice Premier He Lifeng to discuss EV overcapacity in China, continuing dialogues initiated during her visit to China in April.

JR Central is launching a campaign to celebrate the Yamanashi Maglev Test Line nearing 5 million kilometres of operation, offering participants a chance to win a free trial ride.

Samsung SDI will showcase various energy storage system (ESS) batteries at North America's largest energy exhibition, RE+ 2024, in Anaheim.

PM Grow, a leading battery service company, announced its intention to become the first listed firm in its sector, launching a safety notification service called WattSafe.

The South Korean government will operate 2,000 electric and hydrogen vehicle charging facilities on highways during the Chuseok holiday, ensuring safety and convenience for zero-emission vehicle users.

Japanese companies, including Toyota and Nissan, are investing around 9.4 trillion won to boost electric vehicle battery production by 50%, addressing the global demand and competition in the EV market.

Hyundai Motor Company is receiving subsidies from the Japanese government for its electric bus, the Elec City Town, marking a significant achievement for the automaker.

Taipower has installed three million low-voltage smart meters in Taiwan, with plans to replace one million units annually until 2035, enhancing electricity management.

Over 470,000 unlicensed mini electric vehicles in Taiwan pose increasing risks, with rising accident rates among younger riders.

Taiwan's industry players are developing smart vending machines to support carbon reduction efforts, in line with the country's net-zero emissions goal.

Jürgen Germeys

  • Why did Sharp decide to enter the EV market?
  • They wanted to display their expertise

Japan

Sharp to enter EV market

NHK | English | News

Sharp plans to enter the electric vehicle (EV) market in the coming years, with a concept mini-van set to be unveiled at a tech event in Tokyo on September 17. The vehicle will leverage Sharp's expertise in manufacturing LCD panels and home appliances, featuring a large rear display screen and AI-assisted electronic devices. Sharp will collaborate with its parent company, Hon Hai Precision Industry of Taiwan, to develop new EV models using Hon Hai's EV platform, with sales expected to commence in several years. Sharp's Chief Technical Officer, Taneya Mototaka, expressed the belief that electric vehicles can evolve further as society moves towards carbon neutrality, aiming to enhance customer convenience based on their manufacturing experience.

中国副首相と会談の可能性 米財務長官、EV過剰生産議論か

Possible meeting with Chinese vice premier: U.S. Treasury Secretary to discuss EV overcapacity

Tokyo Shimbun | Local Language | News

U.S. Treasury Secretary Janet Yellen indicated a potential meeting with Chinese Vice Premier He Lifeng to discuss the issue of electric vehicle (EV) overcapacity in China. At an event in Texas, she expressed openness to He visiting the U.S. or her traveling to China. Yellen previously visited China in April, where she addressed differing opinions on EV production and the necessity for dialogue to prevent increasing tensions between the two countries.

リニア「無料体験乗車」が当たるかも…山梨リニア実験線の走行距離500万キロ到達目前でキャンペーン

You might win a free trial ride on the Yamanashi Maglev...Campaign begins as Yamanashi Maglev Test Line nears reaching 5 million kilometers

Yomiuri Shimbun | Local Language | News

JR Central is launching a campaign as the Yamanashi Linear Test Line approaches 5 million kilometers of operation. Participants can win a "free trial ride" on the Linear train scheduled for October 23. To enter, individuals must follow the company’s official account on X (formerly Twitter) and repost the campaign post. In addition, all applicants will receive smartphone wallpaper, regardless of whether they win. The test line, which runs 42.8 km from Uenohara City to Fuefuki City, began operating in 1997 and is set to become part of the Linear Chuo Shinkansen route. A regular ride experience will also be available on October 24 and 25, with tickets for two seats priced at 4,400 yen. Applications for both the trial ride and the regular ride experience can be made through the company’s website until September 19.

South Korea

??SDI, ?? ?? ??? ???? ESS ??? ???

Samsung SDI to introduce ESS batteries at North America's largest energy exhibition

ZD Net Korea | Local Language | News

Samsung SDI will participate in 'RE+ 2024', North America's largest energy exhibition, from September 9th in Anaheim, USA. The company plans to showcase various energy storage system (ESS) batteries, including the Samsung Battery Box (SBB) 1.5, high-output batteries for uninterruptible power supplies (UPS), and lithium iron phosphate (LFP) batteries. The SBB 1.5, set for release in the US this month, features a 37% higher energy density than existing products and a total capacity of 5.26 MWh. It employs embedded direct injection (EDI) technology to enhance fire safety. Samsung SDI will also present high-power UPS batteries with over 40% improved output per rack and a lifespan three times longer than traditional lead-acid batteries, resulting in better space utilisation and reduced operating costs. Additionally, the company intends to highlight ESG initiatives such as LFP battery development targeted for 2026 and strategies for recycling waste batteries. CEO Choi Yoon-ho emphasized the anticipated growth of the ESS market driven by renewable energy and AI advancements, asserting the company’s commitment to strengthening its market leadership.

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Park Jae-hong, CEO of PM Grow, “The company that knows batteries the best... will achieve the first listing of ‘battery service’”

ET News | Local Language | News

Park Jae-hong, CEO of PM Grow, announced the company's aim to become the first listed battery service company, leveraging their extensive technology and experience in battery management. This announcement coincides with the launch of WattSafe, an electric vehicle battery safety notification service that detects abnormalities and sends safety alerts by analysing data such as temperature, voltage, and current in real-time using AI. The service addresses the growing concern of electric vehicle battery fires, emphasising the importance of early detection of precursor signs. PM Grow also offers WattEver and WattProof services for analysing and certifying the performance of installed batteries. The company plans to pursue an initial public offering (IPO) in the first half of next year and is preparing for the listing review application process. Since its founding in 2010, PM Grow has supplied battery packs for over 10 vehicle models and provided battery subscription services.

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Vice President Jong-hee Han “SmartThings Ecosystem Expands to Over 1,000 Global Partners”

ET News | Local Language | News

Samsung Electronics aims to expand its SmartThings platform ecosystem from approximately 340 to over 1,000 global partners. Vice Chairman Han Jong-hee emphasised the importance of the Knox security solution in enabling a safe SmartThings experience. He stated that the vision for SmartThings involves not just connectivity but also the integration of intelligent AI home appliances that can adapt to user intentions and surroundings. Han noted that Samsung's current AI capabilities do not meet consumer expectations but see potential for improvement through enhanced security and natural language processing. The company plans to make all home appliances smarter, integrating screens and functionalities akin to smartphones. Additionally, the AI home companion robot, Bolli, will debut at IFA 2024, showcasing its ability to recognise family voices and manage schedules. Han addressed rumours about a potential acquisition of Nokia, highlighting that while the company is exploring major deal opportunities, decision-making is complex due to various hurdles.

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2,000 Electric and Hydrogen Vehicle Highway Charging Facilities to be Operated During Chuseok Holidays

Money Today | Local Language | News

The South Korean government will operate approximately 2,000 electric and hydrogen vehicle charging facilities on highways during the upcoming Chuseok holiday, from September 9 to 18, 2023. In preparation for the increased use of zero-emission vehicles, the Ministry of Environment will inspect safety accident response systems and charging facility maintenance. This includes ensuring fire truck access around charging facilities and establishing emergency communication networks with fire stations. Free mobile charging services will be offered at six highway rest areas, allowing electric vehicles to charge for free. The inspections will take place from September 9 to 13, focusing on fire safety and the operational status of charging infrastructure. An emergency response system will be activated during the holiday, with additional staff for a telephone consultation service to address charging issues.

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Samsung SDI participates in US energy exhibition… Next-generation batteries unveiled

Maekyung | Local Language | News

Samsung SDI will participate in the RE+ 2024 exhibition in Anaheim, USA, from September 9 to 12, to promote its energy storage system (ESS) products. The company will showcase various battery solutions, including the new Samsung Battery Box (SBB) 1.5, designed to enhance energy density and safety. The SBB 1.5 features high-nickel NCA battery cells and modules in a large container format, offering a 37% increase in energy density over its predecessor and utilizing module-embedded direct injection (EDI) technology to improve fire safety. Samsung SDI also plans to introduce lithium iron phosphate (LFP) batteries for mass production by 2026 and highlight its ESG initiatives, including 100% renewable energy goals. CEO Choi Yoon-ho remarked on the expected growth of the ESS market driven by renewable energy expansion and increasing demand for data centers, asserting Samsung SDI's commitment to strengthening its leadership in this sector.

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While European cars are being pushed back… Japan invests 9 trillion won in ‘electric car batteries’

ZD Net Korea | Local Language | News

Japanese companies, including Toyota and Nissan, are set to invest a total of 1 trillion yen (approximately 9.4 trillion won) to enhance their electric vehicle battery production capacity by about 50%, increasing from 80 GWh to 120 GWh. Toyota plans to allocate 250 billion yen to its battery subsidiary and is constructing a battery plant for Lexus in Fukuoka, expected to be completed by 2029. Nissan is investing 150 billion yen to commence mass production of lithium iron phosphate (LFP) batteries in 2028. Additional investments of 550 billion yen are anticipated from Subaru, Mazda, and others, in collaboration with Panasonic. The Ministry of Economy, Trade and Industry in Japan will also introduce a support plan worth about 350 billion yen for battery production. Japan’s investment strategy aims to establish a stable supply chain as the electric vehicle battery market is currently dominated by Chinese companies and Korean firms. In contrast, European automakers like Volkswagen and Volvo are experiencing setbacks, including delays and cuts to electric vehicle production plans, in response to stagnating demand.

Hyundai Casper EV to make Japan debut early next year

Korea Herald | English | News

Hyundai Motor is set to launch its Casper Electric mini SUV in Japan in early 2025, following its introduction in Europe later this year. From January to August 2023, Hyundai sold 28,784 units of the Casper in South Korea, a 1.4 percent increase from the previous year, with significant sales in August, including 1,439 Casper Electric units. If this sales pace continues, Hyundai could exceed its 2022 record of 48,200 units. The Casper Electric will be exported to over 50 countries, tailored for markets with limited parking space and narrow streets. To meet anticipated demand, production targets for the electric model at Gwangju Global Motors have been raised by 40 percent to 23,000 units by year-end. The Casper Electric offers a 315-kilometer range and a larger interior space compared to its gasoline counterpart, utilising battery cells from a joint venture between Hyundai and LG Energy Solutions. It was first unveiled at the 2024 Busan International Mobility Show.

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Hyundai Motors Receives Japanese Subsidies… “First Domestically Produced Electric Bus”

ET News | Local Language | News

Hyundai Motor Company is receiving subsidies from the Japanese government for its electric bus, the 'Elec City Town', marking the first instance of a domestic automaker benefiting from such subsidies in Japan. The Japan Automobile Manufacturers Association (JAMA) has selected the Elec City Town for a subsidy amounting to 17.69 million yen (approximately 164.63 million won). Hyundai plans to supply five units to the Iwasaki Group by the first quarter of next year, with the first unit scheduled to be delivered as early as next month. If all five units are delivered, Hyundai will receive a total of 88.45 million yen (around 822.75 million won) in subsidies. The Elec City Town is a mid-sized electric bus featuring a 145-kilowatt-hour battery with a driving range of over 220 km on a single charge, and includes various safety and convenience features. Additionally, Hyundai is considering collaborating with local insurance companies to partially support the cost of replacing certain consumable parts.

Taiwan

Volvo EX90純電七人座休旅車搭載NVIDIA加速運算和AI技術

Volvo EX90 pure electric seven-seater SUV is equipped with NVIDIA accelerated computing and AI technology

The Storm Media | Local Language | News

Volvo has announced the launch of the EX90, a pure electric seven-seater SUV, developed using NVIDIA's DRIVE Thor platform and DGX systems for AI training. The EX90 is powered by the NVIDIA DRIVE Orin system-on-chip, capable of over 250 trillion operations per second (TOPS), enhancing safety features and enabling autonomous driving capabilities. It includes an advanced sensor suite featuring radar, lidar, and cameras for comprehensive environmental sensing. Looking ahead, Volvo plans to adopt the next-generation NVIDIA DRIVE Thor SoC, offering 1,000 TOPS and improved energy efficiency. The company's CEO emphasised the scalability of internally developed software across models, aiming to bolster vehicle safety and enhance customer experience. Volvo and its subsidiary Zenseact have also invested in NVIDIA DGX systems for efficient AI model training, facilitating the development of autonomous driving technology and reducing time to market.

拚年汰換百萬具 台電300萬具智慧電表換裝今年達標

Taipower strives to replace one million units every year, and 3 million smart meters will meet the standards this year

Liberty Times Net | Local Language | News

Taipower has achieved a significant milestone by installing three million low-voltage smart meters in Taiwan as of June this year, with plans to continue replacing one million units annually, targeting a total of 14.5 million by 2035. A budget of over NT$2 billion will be allocated each year for this initiative. The smart meters allow real-time data transmission, facilitating better management of electricity consumption, particularly needed due to the variability of renewable energy sources. Currently, Kaohsiung City leads with 400,000 smart meters installed. The replacement priority is given to high electricity consumption areas, adapting to changing standards as average household consumption increases. Additionally, Taipower operates around 20,000 high-voltage smart meters, covering 60% of electricity consumption in Taiwan.

微型電動二輪車全台尚有逾47萬輛未領牌 騎乘亂象、事故死傷攀升

There are still more than 470,000 unlicensed mini electric two-wheelers in Taiwan, causing chaos and increasing accident deaths and injuries.

Yahoo News Taiwan | Local Language | News

As of August 15, 2023, over 470,000 mini electric vehicles in Taiwan remain unlicensed, according to the Highway Bureau of the Ministry of Transportation. The current registration system, initiated on November 30, 2022, has seen 172,543 vehicles registered by that date. A two-year buffer period for registration is set to end on November 29, 2023, after which unlicensed vehicles may incur fines ranging from 1,200 to 3,600 yuan. The number of accidents involving micro electric vehicles has increased steadily, with 9,025 accidents reported in 2023, resulting in 8,032 casualties. Current regulations require helmet use and set a minimum riding age of 14. The data indicates that traffic accidents among teenagers aged 13 to 17 are rising, surpassing those among the elderly. The Highway Bureau clarifies that enforcement of traffic violations involving micro electric vehicles falls under police responsibilities.

滙聚 智能販賣機扮演減碳推手

Gathering smart vending machines to act as a catalyst for carbon reduction

Yahoo News Taiwan | Local Language | News

On August 8, President Lai Ching-te announced Taiwan's commitment to achieving net-zero emissions at the First Committee Meeting of the National Climate Change Countermeasures Committee. In support of this initiative, industry players are collaborating with National Taiwan University and other institutions to enhance vending machines beyond simple sales. Smart vending machines are being developed to offer frozen and reheated meals, which have lower scrap rates and carbon emissions compared to traditional group meal services. Chief Strategy Officer Xu explained that these machines can significantly reduce food waste, with potential carbon savings equivalent to planting trees. Additionally, Huiju is developing a carbon capture device that can absorb carbon emissions, further contributing to sustainability efforts. The goal is to create an environmentally responsible food and agriculture supply chain, promoting local products and supporting Taiwan's agriculture sector. Xu expressed the need for increased involvement from companies in green electricity and global export of Taiwanese delicacies.


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