EVs more than US$1000b value by 2025

The electric vehicle market is growing so quickly that IDTechEx forecasts the total market will exceed US$1000 billion value within the next five years across all categories – land, sea, and air.

This huge growth is resulting in a large amount of turbulence within the supply chain. In particular, the material considerations are different to traditional internal combustion engines (ICE) and provide a significant opportunity or threat, it says.IDTechEx hosts expert led Business and Technology Insight Forums in Tokyo, September 18 & 19 and Seoul, September 25 & 26 on the electric vehicle industry. Each forum is 135 minutes and gives player analysis, market trends, and technical requirements. 

Key themes are the material opportunities and challenges.

This will feature across the electric powertrain from the battery cell chemistry to use-cases in motors, roles in thermal management and beyond.

Forum 3 will focus on smart materials and their use in the transportation applications. This will include fundamentals about composites, nanomaterials, photovoltaics, piezoelectric and more. The forum will highlight the relevance of these advanced materials for structural and conformal electronic applications, energy harvesting devices, and smart glass.

Forum 4 & 5 will focus on the underlying battery technology, including details of the material compositions across the supply chain. Not only for lithium-ion batteries, but also for “post-lithium” variants and supercapacitors. The material developments in this field are the key to progressing the energy density, cycle rate, mechanical performance, and more.

Forum 6 Part A will provide a detailed look at the traction motors for EVs. Each motor type will be benchmarked, and the material composition highlighted – clear progressions, rate of adoption, and the challenges will all be discussed.

Forum 6 Part B will analyse the thermal management of an EV, specifically of the complete battery pack. This area is rapidly changing as OEM adopt different strategies and there are shifting market trends and regulations. The thermal interface material (TIM) will be discussed in detail as a key material component. Early stage opportunities are also investigated including phase change materials and immersion cooled fluids.

Finally, an overview of other material opportunities in the battery pack will take place. This includes detailed analysis, for example, into the polymeric opportunity in lightweighting enclosures, and challenges associated with appropriate EMI shielding and fire protection.

Visit www.IDTechEx.com/Tokyo or by contacting Miwako; M.Murakoshi@IDTechEx.com, and www.IDTechEx.com/Korea or by contacting DM; D.Yun@idtechex.co.kr for bookings and information.