Market Moves: Electric Vehicles - Dec 1st, 2023
 
 
Also: Bidirectional charging takes off
Market Moves: Electric Vehicles | View online
 
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December 1, 2023
From the Editor

Hello and welcome back to Market Moves Electric Vehicles, Endeavor Business Media's monthly look at everything EVs. While EV adoption has seemingly been on the rise, with some predicting they would take over ICE sales by 2040, from the car dealership perspective, that demand is over-represented on the lots. The same holds seemingly holds true for carmakers with EV start-ups cutting production outlooks to focus on moving inventory as some experts, as you’ll read later, say the boom may be over.

The pessimism around EVs isn’t a total consensus, though: the top story this issue covers the Department of Energy’s $3.5 billion investment into domestic battery manufacturing. Meanwhile, two big OEMs announced their intentions to buy battery suppliers and bidirectional charging takes center stage through a Toyota project.

If you’re enjoying this newsletter and want more, consider subscribing to the other Market Moves covering energy, infrastructure, manufacturing, and more right here.

- Jennifer Ramsay

Top Story
The U.S. is expected to invest in the capacity to develop a resilient supply chain for high-capacity batteries as the demand for EVs increases the lithium battery market
From Power & Motion
https://img.powermotiontech.com/files/base/ebm/hydraulicspneumatics/image/2023/11/655bba383b5d34001e6ddfd4-proterrapoweredbatterystack.png?auto=format%2Ccompress&w=320
The OEMs are acquiring battery manufacturers to advance development of battery-electric construction, mining and other heavy-duty vehicles.
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Test type 1, level 1 or level 2 electric vehicle ac charging stations with the Fluke FEV100. Verify an EVSE is working properly after install and during periodic maintenance or troubleshoot an EVSE if it is not delivering the appropriate charge.

From T&D World
https://img.tdworld.com/files/base/ebm/tdworld/image/2023/11/16x9/v2g_1.6549649412d6b.png?auto=format%2Ccompress&w=320
There are regulations that have created an enabling environment for the widespread integration of EVs with the grid.
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EV training exclusively from EVPRO+ with optional SAE Certification.

From FleetOwner
https://img.fleetowner.com/files/base/ebm/fleetowner/image/2023/11/6553e60ee8650b001eefc5d9-dreamstime_m_220634754_1.png?auto=format%2Ccompress&w=320
With automakers delaying production and losing money on EVs, is the U.S. displaying signs of an EV bust?
https://img.fleetowner.com/files/base/ebm/fleetowner/image/2023/11/65678d8216e86a001dcc7f80-einride_autonomous_electric_transporter_ge_applian.png?auto=format%2Ccompress&w=320
With about 28 weekly trips over public roads, Einride’s cab-less freight EVs are part of GE Appliances’ push to decarbonize its supply chain and increase safety through robotics and automation. But it still relies on a truck driver who now sits at a desk.
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From Fleet Maintenance
https://img.fleetmaintenance.com/files/base/ebm/fm/image/2023/11/65650484460fe8001e2721ba-6564adff606380001d91ed2e65641766b243b2001e1abe5fri.png?auto=format%2Ccompress&w=320
With CARB's fleet emissions regulations set to begin in 2024, California fleets are preparing for a zero-emission future and all its challenges.
https://img.fleetmaintenance.com/files/base/ebm/fm/image/2023/11/6552507420f571001e6ad41a-dsc_0506.png?auto=format%2Ccompress&w=320
While charging infrastructure is a common hurdle for fleet electrification, fleets tend to fall in three buckets during the process: Those that need a bit more help beyond specs; those needing early assistance from vehicle OEMs and suppliers, and those looking for a turnkey solution.
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From Vehicle Service Pros
https://img.vehicleservicepros.com/files/base/cygnus/vspc/image/2023/11/16x9/Haakan_Light_TOPDON.654a7684c6448.png?auto=format%2Ccompress&w=320
Does your shop have what it takes to service EVs safely? Here are factors to consider.
From Microgrid Knowledge
https://img.microgridknowledge.com/files/base/ebm/microgridknowledge/image/2023/11/6564cb029f9af1001ee7ca9f-sdgetoyota014final1500x1000.png?auto=format%2Ccompress&w=320
“I've been working in clean DER my entire 30-plus years career; vehicle-to-grid integration is an order of magnitude bigger and more important than any other DER resource,” said Kurt Johnson.

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