The automotive industry continues to be a hotbed of patent innovation. Activity in electric vehicle (EV) power optimization is driven by the growing demand for EVs, enhanced energy efficiency, strict emissions regulations, and growing importance of technologies such as regenerative braking, silicon carbide (SiC) power electronics, battery management systems, wireless charging, and machine learning. 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 power optimization. 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 power optimization is a key innovation area in electric vehicles
EV power optimization involves the development of technologies and systems to efficiently transfer energy to EVs for their operation. This includes the design and implementation of conductor arrangements, inductance systems, cooling devices, and electromagnetic field generation for the purpose of producing and transferring electric energy to EVs. These technologies aim to improve the charging and power efficiency of EVs, making them more practical and sustainable options for transportation.
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 power optimization.
Key players in EV power optimization – 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 power optimization
Source: GlobalData Patent Analytics
Toyota Motor is one of the leading patent filers in EV power optimization. The company filed several patents for the use of machine learning algorithms to optimize power output. Some other key patent filers in this space include Porsche and Hyundai.
In terms of application diversity, Gogoro leads the pack, while iRobot and Nio stood in the second and third positions, respectively. By means of geographic reach, iRobot held the top position, followed by Gogoro and Sumitomo.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Electric Vehicles (EV).