Market Insights #01

Welcome to the first edition of our Market Insights Newsletters!

Our new bi-monthly newsletter is the perfect source for staying up-to-date on the latest e-mobility developments. Each edition will bring you a carefully curated selection of the top 5 news stories, ensuring that you only receive the most important and relevant information.

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EVENTS

CES 2023: Car Manufacturers showcase latest electric innovations?

The latest editions of CES have been giving growing opportunities to car manufacturers. Here are a few announcements we wanted to highlight:

• Mercedes-Benz announced the launch its own high-powered EV charging network by the end of 2023 . The network will span across North America, Europe, China, and other major markets with over 10,000 high-power charging stations open to all auto brands. Gireve's view: Opening charging networks is key, and we will stay tuned to learn how the company will ensure accessibility of its stations and which services will be offered to non-Mercedes customers.?
• Stellantis N.V. announced the creation of Mobilisights , an independent business unit. Mobilisights will focus on growing the company's data as a service (DaaS) business and developing B2B products, services and applications. Its products is part of Stellantis' Dare Forward 2030 strategic plan to grow and accelerate its software and data business. Gireve's view: Emobility companies are increasingly relying on data-driven strategies to accelerate their business. Where are the EV drivers, and where do they travel? What are the most popular places to charge an EV? The industry now gathers enough data on EV drivers and charging behaviours, making it easier to plan successful strategies.

REGULATION

Luxembourg Government introduces measure to stabilize electricity prices for households and electric cars?

The government of Luxembourg has announced a state contribution measure to stabilize electricity prices for residential customers. E-Mobility Service Providers (eMSPs) wishing to apply the state subsidy must register with the Ministry for Energy and Spatial Planning and will have an obligation to apply a rebate of 33 ct/kWh excl. VAT to all charging operations of their customers on publicly accessible AC and DC charging stations in Luxembourg and inform customers of the application of this rebate on each invoice. The measure will apply automatically from January 1, 2023 to December 31, 2023, providing relief for households affected by the recent increase in electricity prices.

Gireve's view: With the energy crisis, some governments continue to protect the acceleration of the transition to more sustainable mobility. While other European government such as France and the UK subsidy the installation of home chargers or public chargers, Luxembourg is taking a large step forward by providing a subsidy for the use of public charging. It will allow Luxembourg to attain their objective of building a zero-carbon territory with a high quality of life for its residents by 2050.

Source: Ministry of Energy and Spatial Planning of The Luxembourg Government

Italy plans to fund 21,000 EV Charging Stations by 2025

The Italian Ministry for the Environment and Energy Safety has signed two decrees allocating 713 million euros to install over 21,000 EV charging stations by 2025, both fast and ultra-fast. The decrees set guidelines for project and expense eligibility, selection methods, and geographic coverage, with a focus on station efficiency, economic effectiveness, and widespread accessibility. The Ministry used Optimal Territorial Areas (ATO) to determine the number of stations to be built in the next three years.. The highway stations will have a power output of 175 kW for quick charging, while urban stations will have at least 90 kW.

Gireve's view: Italy has a large vehicle market, ranking second in Europe, yet its electric vehicle sales lag behind other comparable markets. This plan aims to boost the switch to EVs by implementing a more robust network of charging stations.

Source : E Ricaria

Norwegian Government proposes new electric vehicle charging regulations

The Norwegian government has proposed new regulations for electric vehicle charging, aiming to increase the convenience and accessibility of charging infrastructure for EV drivers. The proposed regulations include requiring all new charging stations with a power output of 50 kW or greater to accept card payments and/or contactless payments (NFC) from 2023, with a deadline for retrofitting existing stations. Additionally, the government plans to require uniform pricing information for charging, with easy access to prices from different operators. Sanctioned public charging stations will be required to provide real-time information on availability and status to the NOBIL database. The State Road Administration will develop a user-friendly common app for navigation, booking, and potential payment solutions for heavy vehicles, in collaboration with industry players. The government will also support the establishment of a Norwegian standard for universal accessibility of charging infrastructure.?

Gireve's view: Norway is taking a significant step forward in simplifying the EV charging experience for drivers. We strongly believe that credit card payment should be available on all charging stations, but as we stated in our 2021 position paper with ChargeUp , it is not sufficient because it can only offer restricted features. EV drivers need more services such as charging follow-up, booking, live information on pricing, etc.?

Source: Elbil / Stortinget

MARKET TRENDS

Challenges hinder charging infrastructure deployment in emerging markets

A survey conducted by the ZEVTC secretariat in June 2022 found that charging infrastructure deployment in emerging markets (EMDEs) remains in its initial stages. Among the 13 responses received from Africa, Asia, Europe, and Latin America, most EMDEs have yet to establish the necessary policy and regulatory environment to accelerate deployment. Additional research by the ICCT found that as of May 2022, a total of 14,087 charging stations had been installed across 22 EMDEs, with a majority being normal chargers. The limited access to publicly available data also makes it difficult to compare ZEV uptake to infrastructure deployment. The challenges to deployment in EMDEs include lack of a detailed strategy or roadmap, difficulties in attracting private sector investments, difficulties in designing specific business models, lack of infrastructure standards, limited grid capacity, and lack of local technical expertise.

Europe had and still have to face some challenges to develop an e-mobility ecosystem that is reliable and with a seamless user experience. In this e-mobility development, emerging countries will face additional challenges such as the lack of infrastructure or a limited grid capacity.?

Gireve's view: As the energy transition becomes a necessity worldwide, we are dedicated to assisting developing countries in deploying an e-mobility ecosystem.

Source: ICCT

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