The automotive industry continues to be a hotbed of patent innovation. Activity is driven by cost savings, government incentives, environmental regulations, and growing importance of technologies such as vehicle-2-everything (V2X) communication, and electric propulsion systems. In the last three years alone, there have been over 720,000 patents filed and granted in the automotive industry, according to GlobalData’s report on Electric vehicles in automotive: industrial EV tucks. 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.
Industrial EV trucks is a key innovation area in electric vehicles
Industrial electric vehicles (EV) trucks are trucks that are powered by electricity rather than traditional fuel sources such as gas or diesel. These trucks use electrical drive motors and are often equipped with a battery or fuel cell system to provide the necessary power. They are designed for use in various industrial settings and offer several benefits such as reduced emissions, lower operating costs, and quieter operation.
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 industrial EV trucks.
Key players in industrial EV trucks – 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 industrial EV trucks
Source: GlobalData Patent Analytics
Jungheinrich is the leading patent filer in industrial EV trucks. Jungheinrich has implemented smart technology solutions in its electric trucks. This may include telematics systems for real-time monitoring, fleet management, and predictive maintenance. Such systems contribute to better operational efficiency and reduce downtime. Jungheinrich has focused on designing electric trucks with high energy efficiency. This includes optimizing the energy consumption of the vehicle and incorporating regenerative braking systems to recover and reuse energy during braking and deceleration. Super Pedestrian and Shandong Heavy Industry Group are some of the other key patent filers in industrial EV trucks.
In terms of application diversity, Fanuc leads the pack, while Nu Skin Enterprises and Viega stood in the second and third positions, respectively. By means of geographic reach, Nu Skin Enterprises held the top position, followed by Superpedestrian and Viega.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Electric Vehicles (EV).
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