The automotiveindustry continues to be a hotbed of innovation, with activity driven by the need for reducing vehicle emissions, surge in demand for electric vehicles, and growing importance of technologies such as battery technologies, and electric, connected and autonomous vehicles. In the last three years alone, there have been over 1.2 million patents filed and granted in the automotive industry, according to GlobalData’s report on Electric vehicles in Automotive: EV propulsion cooling system.
According to GlobalData’s Technology Foresights, which uses over 619,000 patents to analyse innovation intensity for the automotive industry, there are 290+ innovation areas that will shape the future of the industry.
EV propulsion cooling system is a key innovation area in electric vehicles
In electric cars, the battery cooling system controls the battery pack’s temperature. Electric cars employ cooling loops using liquid coolants like ethylene glycol for the management of battery temperature. The coolant is pumped through the batteries by an electric motor.
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 100+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of EV propulsion cooling system.
Key players in EV propulsion cooling system – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to EV propulsion cooling system
Source: GlobalData Patent Analytics
Valeo has filed 617 patents in the EV propulsion cooling system segment. The company offers the best energy-efficient systems for electrified transportation and supports carbon neutrality with low-emissions solutions. Other companies filing patents in EV propulsion cooling systems in the automotive industry include Porsche Automobil and Toyota Motor.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Electric Vehicles (EV).