The automotive industry continues to be a hotbed of patent innovation. Activity is driven by electrification, renewable energy integration, grid resilience, and stability, and growing importance of technologies such as vehicle-to-grid (V2G) communication protocols, V2X communication technologies, predictive analytics, 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 Energy storage in automotive: V2X-energy storage. 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.
V2X-energy storage is a key innovation area in energy storage
V2X-energy storage refers to the integration of vehicle-to-everything technology with energy storage systems. V2X enables vehicles to communicate with various infrastructure and energy systems, while energy storage systems store and manage electrical energy. By combining these technologies, vehicles can not only use energy from the grid to charge their batteries, but also supply excess energy back to the grid or other connected devices. This enables bidirectional energy flow and enhances the overall efficiency and flexibility of energy management in transportation and power systems.
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 V2X-energy storage.
Key players in V2X-energy storage – 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 V2X-energy storage
Source: GlobalData Patent Analytics
Robert Bosch Stiftung is one of the leading patent filers in V2X-energy storage. Robert Bosch Stiftung’s bidirectional Energy Flow (V2G/V2H) enables vehicles to not only draw energy from the grid, but also feed excess energy back into it, supporting grid services (V2G) or powering homes and devices (V2H). Robert Bosch Stiftung’s grid-interactive inverters facilitate bidirectional energy flow, allowing for seamless integration between energy storage systems, electric vehicles, and the grid. Some other key patent filers in this space are Sofibol and Panasonic.
In terms of application diversity, IoTecha leads the pack, while Cummins and ROHM stood in the second and third positions, respectively. By means of geographic reach, Sunverge Energy held the top position, followed by Mitsubishi, Sofibol, and General Electric.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.