The automotive industry continues to be a hotbed of patent innovation. Activity in electric vehicle (EV) charge metering is driven by the increased demand for EVs, flexible pricing plans, real-time billing, integration with other infrastructure, and secure payment processing, and growing importance of technologies such as smart EV chargers, cloud-based systems, mobile apps, blockchain technology, and artificial intelligence (AI). In the last three years alone, there have been over 1.7 million patents filed and granted in the automotive industry, according to GlobalData’s report on Electric vehicles in automotive: EV charge metering. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over one million patents to analyze innovation intensity for the automotive industry, there are 300+ innovation areas that will shape the future of the industry.
EV charge metering is a key innovation area in electric vehicles
EV charge metering refers to the process of measuring and monitoring the electric charge consumed by EVs during the charging process. It involves the use of various technologies and systems to accurately measure the amount of energy delivered to an EV, track usage data, and facilitate billing and payment for the charging service.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 30+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of EV charge metering.
Key players in EV charge metering – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to EV charge metering
Source: GlobalData Patent Analytics
General Electric (GE) is one of the top patent filers in EV charge metering. It has filed patents for charging system, charging station, charger, communication network, and billing system, among others. The company’s patents are focussed on improving EV charging convenience and affordability. Some other key patent filers in this space include Toyota Motor and Emerging Automotive.
In terms of application diversity, Gogoro leads the pack, while Emerging Automotive and AES stood in the second and third positions, respectively. By means of geographic reach, AES held the top position, followed by Gogoro and Kapsch TrafficCom.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Electric Vehicles (EV).