EV battery systems: white paper identifies a 'gold rush' market mentality
07 June 2011
Ricardo Strategic Consulting has published a white paper outlining the processes that investors and automakers should adopt as they evaluate investment opportunities and suppliers in the rapidly developing electric vehicle (EV) battery systems market. Entitled 'A battery of questions for electric vehicle investors', the white paper sets out the nature of this challenge given the almost complete absence of industry standards for cell chemistries or durability and control architectures.
Those engaging with the market must therefore operate without the kind of benchmarks and detailed technical information that would normally be expected in the established powertrain areas of diesel and gasoline engines. This situation is further compounded by the relative immaturity and lack of industry experience of EV battery systems suppliers and tangible signs of a ‘gold-rush’ market mentality, in which numerous young companies are chasing opportunities in different directions, with many as yet unable to fulfill automotive series production quality standards.
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