News & Updates from Future Mobility Search

Expect production to kick into gear early in 2027, with an impressive annual capacity of 34 gigawatt-hours. The facility is anticipated to bring 1,400 new job opportunities to Kokomo and its neighboring regions.

The initial StarPlus gigafactory, currently under construction, is slated to go live in the first quarter of 2025, with an annual production capacity of 33 GWh. Combining the two Kokomo battery cell plants will result in a total annual production capacity of 67 gigawatt-hours, as per StarPlus Energy’s estimations.

These developments come with a substantial financial commitment of over $6.3 billion, with the second plant accounting for $3.2 billion of that investment, and a promise of 2,800 new job opportunities in total.

This allows for the removal of inactive materials that reduce module and energy density, cutting costs and waste. With the highest energy density pack-level output available, the 24M Electrode To Pack system is a game changer for cell manufacturers, automotive OEMs and energy storage integrators alike.

According to Naoki Ota, the President and CEO of 24M, the 24M ETOP™ technology will significantly impact the electric mobility and energy storage systems by providing unmatched energy density. This has been made possible through their innovative Unit Cell technology, which marks an exciting move beyond their 24M SemiSolid™ manufacturing platform. With this breakthrough, 24M is set to create truly transformative solutions for a better energy future. It is worth noting that the company has not released any detailed technical specifications on the product yet.

The 24M ETOP™ system boasts impressive features, which make it a game-changer in the industry. Firstly, it has achieved electrode packing efficiencies of over 70%, the highest pack-level volume utilization efficiency currently available. Secondly, the streamlined process and the reduced materials usage have resulted in a decrease in overall pack cost. Additionally, unit electrodes can now be connected in a combination of series and parallel, which eliminates the need for additional connection components, reduces the cost even further and sets an industry first. The high packing efficiencies and energy density of 24M ETOP™ technology provide benefits for both Electric Vehicle (EV) and Energy Storage System (ESS) applications, boosting range and capacity. Furthermore, with the 24M SemiSolid™ Electrode and Unit Cell technology, safety is unmatched even when subjected to mechanical abuse. Lastly, the 24M Unit Cell is highly flexible, allowing it to be connected in various configurations that are no longer bound or limited by individual cell voltage (V) and capacity (Ah).

Cambridge-based firm 24M has revolutionized battery manufacturing and product design by developing a ground-breaking manufacturing platform using SemiSolid and Unit Cell technology. The company aims to address the global demand for affordable energy storage by reducing the high cost, while improving the performance, safety, and recyclability of battery products. Comprising top experts in battery innovation, 24M is committed to solving critical challenges that have persisted for decades.

Cobalt-Free Battery for Cleaner Power

The use of cobalt in traditional LIBs has raised environmental, economic, and ethical concerns. Cobalt’s rarity and the questionable conditions of its extraction from mines in the Democratic Republic of Congo have fueled concerns. However, researchers at the University of Tokyo have set out to revolutionize the battery industry by offering a safer and more abundant alternative to cobalt.

By replacing cobalt with elements like lithium, nickel, manganese, silicon, and oxygen, the new battery chemistry not only addresses the ethical and environmental issues but also enhances battery performance. It results in greater energy density, which translates to longer-lasting batteries and more robust power for demanding applications, such as electric vehicles.

Professor Atsuo Yamada from the University of Tokyo’s Department of Chemical System Engineering emphasized the multifaceted reasons for moving away from cobalt: “For us, the challenge is a technical one, but its impact could be environmental, economic, social, and technological. We are pleased to report a new alternative to cobalt by using a novel combination of elements in the electrodes, including lithium, nickel, manganese, silicon, and oxygen — all far more common and less problematic elements to produce and work with.”

Promising Developments

The Tokyo researchers’ innovative battery chemistry not only eliminates cobalt but also offers significant improvements. The new LIBs boast an energy density about 60% higher than conventional batteries, promising extended lifespans and enhanced performance. These batteries can deliver 4.4 volts, a notable improvement over the typical 3.2-3.7 volts of traditional LIBs. Moreover, they exhibit remarkable recharge characteristics, with test batteries undergoing over 1,000 charge and discharge cycles while losing only about 20% of their storage capacity.

Professor Yamada acknowledged the journey was challenging, with the need to overcome undesirable reactions in the battery chemistry that could have reduced battery longevity. Despite these challenges, the team is confident that their research will lead to improved batteries across various applications.

Beyond lithium-ion batteries, the principles underlying this breakthrough can be extended to other electrochemical processes and devices, potentially revolutionizing multiple industries, from water splitting to ore smelting and beyond.

In an era of heightened environmental awareness and ethical concerns, the University of Tokyo’s breakthrough in cobalt-free battery technology is a remarkable step toward a greener and more sustainable future.Reference: “Electrolyte design for lithium-ion batteries with cobalt-free cathode and silicon oxide anode” by Seongjae Ko, Xiao Han, Tatau Shimada, Norio Takenaka, Yuki Yamada, and Atsuo Yamada, Nature Sustainability, 19 October 2023.

Mancholas stated that “the news that we will be delivering electric vehicle production is confirmation of our key role in the Reimagine Strategy.”

JLR’s fleet customers will be “front and centre” as the brand launches its new electric range. The Nitra plant was initially opened with an investment of £1.13bn, focusing on high levels of digitisation and automation. JLR has since invested an additional £52m in new technology, land, buildings and software. As part of its goal to become carbon net zero by 2039, the brand will be investing a further £15bn over five years, working towards electrifying its Range Rover, Defender, Jaguar and Discovery brands, and launching nine pure electric models by 2030.

Jaguar Land Rover (JLR) has ambitious plans to shift towards electric vehicle (EV) production, with several factories being repurposed and new facilities being opened. The Halewood factory has been designated as JLR’s first entirely electric production facility, whilst Solihull will focus on producing the EV Range Rover, Range Rover Sport and Jaguar models. The Engine Manufacturing Centre in Wolverhampton has been tasked with building Electric Drive Units (EDUs), and Castle Bromwich will be transformed to manufacture body panels for EVs.
In line with these developments, the company has recently inaugurated its £250m Future Energy Lab in Whitley, Coventry, which will develop Electric Drive Units in-house. Clearly, JLR is committed to an electrified future, and its investment in EV technologies will bring the brand to the forefront of sustainable vehicle production.

Faster production, lower costs, and higher profits? Sign me up! REE is already turning heads with its efficiency and profitability, even at low production volumes.

Safety first, always. REE’s by-wire technology raises eyebrows, but their commitment to advanced cybersecurity is reassuring. They’ve even withstood rigorous hacking tests! ️

Big players are taking notice. Major dealers and national fleets are lining up to test REE’s trucks. This roadshow could be the spark that ignites a revolution in EV transportation.

This is just the beginning! REE’s modularity opens up endless possibilities for vehicle design and customization. Can’t wait to see what they come up with next!

#REE #EVrevolution #modularplatforms #futureoftransportation #gamechanger

The full article – https://www.forbes.com/sites/edgarsten/2024/01/11/ree-automotive-delivers-first-totally-by-wire-commercial-truck-chassis/?sh=200ee3fece1a

This allows for the removal of inactive materials that reduce module and energy density, cutting costs and waste. With the highest energy density pack-level output available, the 24M Electrode To Pack system is a game changer for cell manufacturers, automotive OEMs and energy storage integrators alike.

According to Naoki Ota, the President and CEO of 24M, the 24M ETOP™ technology will significantly impact the electric mobility and energy storage systems by providing unmatched energy density. This has been made possible through their innovative Unit Cell technology, which marks an exciting move beyond their 24M SemiSolid™ manufacturing platform. With this breakthrough, 24M is set to create truly transformative solutions for a better energy future. It is worth noting that the company has not released any detailed technical specifications on the product yet.

The 24M ETOP™ system boasts impressive features, which make it a game-changer in the industry. Firstly, it has achieved electrode packing efficiencies of over 70%, the highest pack-level volume utilization efficiency currently available. Secondly, the streamlined process and the reduced materials usage have resulted in a decrease in overall pack cost. Additionally, unit electrodes can now be connected in a combination of series and parallel, which eliminates the need for additional connection components, reduces the cost even further and sets an industry first. The high packing efficiencies and energy density of 24M ETOP™ technology provide benefits for both Electric Vehicle (EV) and Energy Storage System (ESS) applications, boosting range and capacity. Furthermore, with the 24M SemiSolid™ Electrode and Unit Cell technology, safety is unmatched even when subjected to mechanical abuse. Lastly, the 24M Unit Cell is highly flexible, allowing it to be connected in various configurations that are no longer bound or limited by individual cell voltage (V) and capacity (Ah).

Cambridge-based firm 24M has revolutionized battery manufacturing and product design by developing a ground-breaking manufacturing platform using SemiSolid and Unit Cell technology. The company aims to address the global demand for affordable energy storage by reducing the high cost, while improving the performance, safety, and recyclability of battery products. Comprising top experts in battery innovation, 24M is committed to solving critical challenges that have persisted for decades.

Here are some key points:

• Delisting threat: Hyzon’s share price has been below $1 for over 30 days, violating Nasdaq’s minimum requirement. Failure to reach $1 for 10 consecutive days within 180 days could see them delisted.
• Nikola in the same boat: Fellow hydrogen truck maker Nikola also faces delisting, highlighting broader struggles in the sector.
• Financial woes: Hyzon reported a net loss of over $134 million in the first 9 months of 2023 and admitted doubts about its ability to continue operating. They lack sufficient resources to sustain planned operations beyond 12 months.
• Operational issues: Past concerns about inoperable trucks and delayed financial reports add to the negative sentiment.
• Limited options: Reverse stock split could artificially boost the price, but is often seen as a last resort for struggling companies.

Hyzon’s future hangs in the balance:

• Securing significant additional funding is crucial to avoid going under.
• Restoring investor confidence with improved operations and transparency is vital.
• Navigating the delisting threat demands strategic action.

The question remains: Can Hyzon weather this storm and emerge as a viable player in the hydrogen truck market? The next few months will be critical for their future. 

Drilling Deeper into Hyzon’s Struggles and the Future of Hydrogen Trucks

Hyzon’s predicament isn’t solely its own. Several factors contribute to their struggles and cast a shadow on the broader hydrogen truck industry. Let’s explore these challenges and potential future directions:

Fueling Hyzon’s Struggles:

• Fierce Competition: Established players like Daimler and Volvo trucks are rapidly entering the hydrogen space, making market penetration difficult for startups like Hyzon.
• Infrastructure Bottleneck: The lack of widespread hydrogen refueling stations impedes adoption and restricts operational range. Building this infrastructure requires significant investment and coordinated efforts.
• Technological Hurdles: While fuel cell technology is promising, cost remains high compared to internal combustion engines. Additionally, concerns about fuel cell durability and performance linger.
• Operational Hiccups: Hyzon’s past issues with inoperable trucks and delayed reports tarnished their reputation, eroding investor confidence.
• Macroeconomic Headwinds: Rising interest rates and inflation make securing funding and attracting investors more challenging, further pressuring Hyzon’s already tight finances.

Broader Implications for the Industry:

• Slow Uptake: Hyzon’s delisting risk exposes the broader challenges of scaling up hydrogen truck adoption. If a well-funded player like Hyzon struggles, it raises concerns about the entire sector’s viability.
• Investor Confidence Slump: Delistings from Nikola and Hyzon could deter further investments in the industry, hindering crucial capital flow needed for development and infrastructure build-out.
• Regulatory Uncertainty: Government support and clear regulations are crucial for fostering innovation and reducing risks for investors. Lack of clarity in these areas creates hesitation.

Potential Future Directions:

• Consolidation and Partnerships: Collaborations between established players and startups could combine resources and expertise, accelerating technological advancements and market penetration.
• Government Intervention: Policy incentives, subsidies, and infrastructure investments can make hydrogen trucks more competitive and encourage rapid adoption.
• Technological Breakthroughs: Innovations in fuel cell technology, materials, and production processes can bring down costs and improve performance, making hydrogen trucks a more attractive option.
• Focus on Niche Applications: Initially targeting specific sectors like long-haul trucking or heavy-duty vehicles with limited refueling needs could be a viable strategy for early stage companies like Hyzon.
• Building Trust and Transparency: Companies like Hyzon need to prioritize operational excellence, financial transparency, and open communication with investors to rebuild trust and attract funding.

Hyzon’s future, and the fate of the hydrogen truck industry, rely on a complex interplay of factors. Addressing these challenges through collaboration, innovation, and proactive policy measures is crucial for unlocking the potential of this clean transportation solution.

Mancholas stated that “the news that we will be delivering electric vehicle production is confirmation of our key role in the Reimagine Strategy.”

JLR’s fleet customers will be “front and centre” as the brand launches its new electric range. The Nitra plant was initially opened with an investment of £1.13bn, focusing on high levels of digitisation and automation. JLR has since invested an additional £52m in new technology, land, buildings and software. As part of its goal to become carbon net zero by 2039, the brand will be investing a further £15bn over five years, working towards electrifying its Range Rover, Defender, Jaguar and Discovery brands, and launching nine pure electric models by 2030.

Jaguar Land Rover (JLR) has ambitious plans to shift towards electric vehicle (EV) production, with several factories being repurposed and new facilities being opened. The Halewood factory has been designated as JLR’s first entirely electric production facility, whilst Solihull will focus on producing the EV Range Rover, Range Rover Sport and Jaguar models. The Engine Manufacturing Centre in Wolverhampton has been tasked with building Electric Drive Units (EDUs), and Castle Bromwich will be transformed to manufacture body panels for EVs.
In line with these developments, the company has recently inaugurated its £250m Future Energy Lab in Whitley, Coventry, which will develop Electric Drive Units in-house. Clearly, JLR is committed to an electrified future, and its investment in EV technologies will bring the brand to the forefront of sustainable vehicle production.

There are a number of factors driving the shift towards subscription models in the automotive industry. One factor is the changing needs of consumers. Younger generations are less likely to be interested in owning cars outright. They prefer the flexibility of being able to switch vehicles often and the convenience of having all of their automotive expenses covered in a single monthly payment.

Another factor driving the shift towards subscription models is the rise of new technologies. Digital platforms have made it easier for consumers to sign up for and manage subscription services. Additionally, the development of autonomous vehicles is expected to further accelerate the growth of subscription models.

Subscription models are already having a significant impact on the automotive industry. According to a report by Deloitte, the global car subscription market is expected to reach $28 billion by 2025. This growth is being driven by a number of factors, including the rising popularity of subscription services among consumers, the increasing availability of subscription services from automakers and dealerships, and the growing adoption of autonomous vehicles.

Benefits of Subscription Models for Consumers

Subscription models offer a number of benefits to consumers, including:

• Flexibility: Consumers can switch vehicles often to meet their changing needs.
• Convenience: Consumers have access to a variety of vehicles and services, all covered by a single monthly payment.
• Affordability: Subscription models can be more affordable than purchasing a car outright, especially for consumers who drive less frequently.
• Peace of mind: All automotive expenses, including insurance, maintenance, and roadside assistance, are typically covered by the subscription fee.

Benefits of Subscription Models for Automakers and Dealerships

Subscription models also offer a number of benefits to automakers and dealerships, including:

• Recurring revenue: Subscription models generate recurring revenue for automakers and dealerships, which can help to stabilize their bottom line.
• Increased customer loyalty: Subscription models can help to increase customer loyalty by giving consumers a more flexible and convenient way to access vehicles.
• Data collection: Subscription models allow automakers and dealerships to collect valuable data about consumer behavior and preferences. This data can be used to develop new products and services and to improve the customer experience.

The Future of Subscription Models in the Automotive Industry

The subscription model is expected to play an increasingly important role in the automotive industry in the years to come. As autonomous vehicles become more widely available, consumers will have an even greater need for flexible and affordable transportation solutions. Subscription models are well-suited to meet this need.

In addition, the rise of new technologies, such as blockchain and artificial intelligence, is expected to further accelerate the growth of subscription models. For example, blockchain technology could be used to create more secure and efficient subscription platforms. Artificial intelligence could be used to personalize subscription plans and to provide consumers with more relevant recommendations.

Overall, the subscription model is changing the automotive industry in a number of positive ways. It is offering consumers a more flexible and affordable way to access vehicles, and it is providing automakers and dealerships with new opportunities to generate revenue and increase customer loyalty.

Governments around the world are setting ambitious targets for the adoption of EVs and AVs. For example, the European Union has set a goal of having 35 million EVs on the road by 2030.

Technology companies are also investing heavily in the development of EVs and AVs. For example, Google has been developing self-driving cars for over a decade. Tesla is a leader in the EV market, and other automakers are rapidly developing their own EV models.

Consumer demand for EVs and AVs is also growing. Consumers are attracted to the environmental benefits of EVs and the convenience and safety benefits of AVs.

Impact of EVs and AVs on Urban Mobility

EVs and AVs are expected to have a significant impact on urban mobility. EVs are expected to reduce air pollution and improve public health in cities. AVs are expected to reduce traffic congestion and improve safety.

In addition, EVs and AVs are expected to make transportation more accessible to people with disabilities. For example, AVs could be used to provide transportation to people who are blind or have difficulty walking.

Research and Data

A number of studies have been conducted on the potential impacts of EVs and AVs on urban mobility. One study, conducted by the McKinsey Global Institute, found that EVs and AVs could reduce traffic congestion in cities by up to 30%. Another study, conducted by the International Energy Agency, found that EVs could reduce global oil demand by 10% by 2050.

A study by the National Academies of Sciences, Engineering, and Medicine found that AVs could reduce traffic fatalities by up to 90%. The study also found that AVs could make transportation more accessible to people with disabilities and improve mobility for people in rural areas.

Challenges and Opportunities

The rise of EVs and AVs also presents a number of challenges for cities. For example, cities need to invest in charging infrastructure for EVs and develop regulations for AVs. Cities also need to consider the potential impacts of EVs and AVs on jobs and the economy.

However, the rise of EVs and AVs also presents a number of opportunities for cities. For example, cities can use EVs and AVs to reduce air pollution and improve public health. Cities can also use EVs and AVs to make transportation more accessible and affordable for all residents.

Conclusion

The rise of EVs and AVs is shaping the future of urban mobility. EVs and AVs have the potential to reduce air pollution, improve safety, and make transportation more accessible. However, cities need to invest in infrastructure and develop regulations to support the adoption of EVs and AVs.