Market Insights #05
Welcome to our Market Insights newsletter!
Our bi-monthly newsletter highlights the top 5 news stories from the world of electric mobility. We scour the latest news to bring you the most important developments from a wide range of industries, including technology, energy, and more.
We hope that the insights from our expertise will enhance your understanding of the electric mobility industry.
INFRASTRUCTURE
Turkey and Morocco making strides in promoting Electric Vehicles and sustainable mobility
Countries closed to western Europe like Turkey and Morocco are making significant strides in their respective efforts to promote electric vehicles (EVs) and sustainable mobility. In Turkey, the government's support has led to the rapid expansion of the country's charging network, which is expected to reach 10,000 units by the end of the year. With 122 companies holding charging network licenses, the number of charging units has already reached 6,500. However, the growing demand for EVs means that more charging stations are needed to support the sector's expansion. Meanwhile, in Morocco, the Association professionnelle intersectorielle pour la mobilité électrique (Apime) has announced plans to install 2,500 new EV charging stations in three cities by 2026. Supported by the Fenelec and the National Office of Electricity and Drinking Water, the initiative is part of the country's efforts to become a leader in sustainable mobility in Africa. An extensive study on the country's productive system of electric energy, the electricity network, and the necessary infrastructure for developing electric mobility was carried out by BIP/EMC, which also examined the current situation of the electric and hybrid vehicles market in Morocco.
Gireve's view: As the world increasingly needs to transition to clean energy, Turkey and Morocco illustrate the importance of national and collective initiatives to make this transition possible. With our ten-year experience in the thriving e-mobility industry in Europe, we now provide recommendations to e-mobility newcomer countries to plan and develop an ecosystem based on their specific territories.
Source: TEHAD, La Quotidienne
British Government invests millions to boost Electric Vehicle infrastructure
The British government is taking measures to bolster the infrastructure necessary to power electric vehicles. The government has allocated a staggering ￡380 million to support the development of charging stations across the country. This funding will be accompanied by private investments, which together will enable the installation of tens of thousands of new charging points.
Additionally, the government has made available ￡15 million for the On-Street Residential Chargepoint Scheme, which will help provide an easier way for residents to charge their electric vehicles. Alongside these efforts, the government has initiated a final consultation on a proposed ZEV mandate, which is aimed at bringing much-needed clarity to the sector. From 2024, at least 22% of new passenger cars sold in the UK must be locally emission-free, rising to 100% by 2035. At least 10% of new vans sold in the UK must be zero-emission in 2024, rising to 100% by 2035.
Gireve's view: The UK is a major player in the European vehicle market, ranking fourth for passenger cars. With many emission-free transportation incentives over the past few years, it now ranks third for battery electric vehicles. However, the development of emobility relies on both EV and charging infrastructure, and the country's charging infrastructure is lagging behind other large markets such as France and Germany. This is why this new investment is key to the development of emobility in the country. It will be interesting to follow up the deployment strategy: the number of charging stations matter but they need to be installed where they are most needed, with the right services delivered to enable seamless charging experience for the EV driver.
Source: Gov.uk
REGULATION
The USA support the use of standardized protocols through their EV charging infrastructure funding program
Last month, the US Department of Transportation released its final standards for federally funded EV stations, establishing the much-awaited National Electric Vehicle Infrastructure (NEVI) program. This program will provide funding to States to strategically deploy EV charging infrastructure and to establish an interconnected network to facilitate data collection, access, and reliability.
领英推荐
The final rule of the NEVI standards by the Federal Highway Administration (FHWA) and the U.S. Department of Transportation (DOT) is effective from March 30. The purpose is to create a standardized, convenient, accessible, reliable, and equitable network of chargers throughout the country, with consistent standards for installation, operation, and maintenance, as well as technician qualifications. This implies interoperability with standardized protocols such as OCPP, OCPI and ISO 15118.?
Gireve's view:?the NEVI program tackles many different aspects of the infrastructure, from installation requirements to interoperability, data and cybersecurity. By demanding to implement the OCPI protocol instead of just making interoperability mandatory, the US is ahead of EU regulations. eMSP and CPO will have to be OCPI compliant as a prerequisite to getting funding for the development of their activities. As first promoters of this open protocol and part of the EV Roaming Foundation to develop future OCPI versions, we can only support this decision and see the benefits it will have on the evolution of a seamless charging network. In the EU, EV roaming is now widely spread, and with a single subscription, EV drivers can access more and more stations every day with the increasing adoption of OCPI for roaming connections. We are also happy to see the Plug & Charge and Smart Charging topics taken into account, showing that the USA are preparing the massive upscale of emobility across the whole country. As members of several ISO-15118 working groups, we strongly support the creation of an open and fair market. By mandating ISO 15118 and OCPP 2.0.1 as minimum standards for publicly funded DC fast charger, we see NEVI as a forward-looking program for a future-proof network. We will stay tuned to see how this is implemented and whether it will serve as an example for future EU regulations. If you want to discuss this, contact us to find out more!
Source: Federal Register
PARTNERSHIPS
BP and Uber team up to accelerate EV adoption for ride-hailing drivers
BP and Uber have announced a global agreement to work together to help Uber achieve its 2040 commitment to become a zero-tailpipe emissions mobility platform. The companies plan to provide access to reliable and convenient charging for Uber drivers transitioning to electric vehicles (EVs), including access to BP's high-speed charging network. The partnership will initially focus on regional agreements in key markets in Europe, the UK, and the US, and will offer bespoke deals to drivers on the Uber platform that are tailored to each market, including providing incentives for them to charge with BP pulse.
Gireve's view: To successfully transition taxi and ride-hailing services to electric vehicles, having proper charging infrastructure is essential. This is why we think that partnerships are essential, especially with high power charging networks, so that drivers don’t waste too much time on charging. The network also needs to be implemented at the right place and be easy to find, to avoid spending time looking for a nearby station. Our team can assist operators in developing their strategy, finding partners and offering relevant tools thanks to our extensive database and in-house expertise.
Source: BP
MARKET TRENDS
Electric car affordability divide: How income disparities impact market uptake across Europe
New data from ACEA shows that many Europeans cannot afford electric cars, hindering market uptake. Affordability remains a significant obstacle for consumers in Central and Eastern, and Southern Europe, where net income is €13,000 or less, while five Northern and Western European countries with net income over €32,000 have over 30% market share. Lack of consumer incentives and access to charging infrastructure exacerbates disparities. Decision makers must establish enabling conditions, including fast-tracking charging point installation and purchase incentives to stimulate Europe's transition to a net-zero future.
Gireve's view: To ensure a widespread adoption of electric vehicles, the pricing should not be an obstacle. Several incentives are already in place to make EVs more affordables and as the market grows, the competition and the increase of second-hand EV offers will help reduce prices. At Gireve, we believe that this should be reinforced with added incentives from decision makers, but we also thing that the price is not the only obstacle: decision makers should also tackle the range anxiety by reinforcing the infrastructure where it is most needed.
Source: acea