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Thematic Analysis
Electric Vehicles (EV) – Thematic Research
There were 10.74 million electrified vehicles (EVs) on the road globally by the end of 2021. The transition to electrification is creating unprecedented disruption in the auto industry. Original equipment manufacturers (OEMs) with more than a century of experience building combustion-powered vehicles are now battling overcapacity across their production networks and face big costs to retool their factories. Meanwhile, EV startups have emerged to meet swelling demand. The widely reported environmental damage from combustion-powered transport has led governments around the...
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Thematic Analysis
Smart Grid in Power – Thematic Research
The electricity grid is now getting smarter and transforming how power utilities interact with their customers. Smart grid technology uses IT and communication modules, including control systems and automation which enable new technologies to function together and provide support to an electricity grid. The electricity grid can then respond digitally to rapidly changing electricity demand patterns. Central to the smart grid system is the capability for various technologies to be deployed in one part of the power system and communicate...
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Thematic Analysis
Electric Vehicles in Utilities – Thematic Research
E-mobility pick up at a rapid pace Today, there are 5m electric vehicles (EVs) on the world’s roads, up 2m from 2018, with China in the leading position in terms of the largest EV market, followed by Europe and the US. Large scale commercial production of EVs by the big car makers is unlikely to take off until 2025. Technological advancements are leading to substantial cuts in battery prices, with major enablers being R&D in battery chemistry and scaling up...