The automotive industry continues to be a hotbed of patent innovation. Governments around the world are implementing regulations and incentives to promote the adoption of vehicle-to-grid (V2G) technology. The technology is rapidly advancing, with companies developing new and more efficient V2G systems, increasing awareness of the technology, and reducing cost of V2G power management systems, as well as growing importance of technologies such as bi-directional charging and energy management systems. 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 Smart grids in automotive: V2G power managementBuy the report here.

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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.

V2G power management is a key innovation area in smart grids

Vehicle-to-grid power management is the process of managing the bi-directional flow of power between an electric vehicle and the power grid. This involves controlling when and how much power is drawn from or injected back into the grid, as well as managing the charging and discharging of the vehicle’s battery.

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 40+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of V2G power management.

Key players in V2G power management – 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 V2G power management

Company Total patents (2010 - 2022) Premium intelligence on the world's largest companies
Hyundai Mobis 40 Unlock Company Profile
Huawei Investment & Holding 53 Unlock Company Profile
Qualcomm 89 Unlock Company Profile
Mercedes-Benz Group 39 Unlock Company Profile
Mitsubishi Motors 58 Unlock Company Profile
Toyota Motor 950 Unlock Company Profile
ABB 80 Unlock Company Profile
Robert Bosch Stiftung 73 Unlock Company Profile
BYD 171 Unlock Company Profile
Siemens 111 Unlock Company Profile
E.ON 51 Unlock Company Profile
Hyundai Motor 115 Unlock Company Profile
State Grid Corporation of China 65 Unlock Company Profile
Nissan Motor 62 Unlock Company Profile
Hitachi 98 Unlock Company Profile
Murata Manufacturing 70 Unlock Company Profile
Renault 93 Unlock Company Profile
General Electric 123 Unlock Company Profile
Honda Motor 390 Unlock Company Profile
Mitsubishi Electric 167 Unlock Company Profile
Panasonic 203 Unlock Company Profile
LS Electric 42 Unlock Company Profile
Porsche Automobil 136 Unlock Company Profile
General Motors 57 Unlock Company Profile
Sony Group 101 Unlock Company Profile
Bayerische Motoren Werke 47 Unlock Company Profile
International Business Machines 35 Unlock Company Profile
Denso 97 Unlock Company Profile
WiTricity 219 Unlock Company Profile
AES 39 Unlock Company Profile
Continental 35 Unlock Company Profile
Toshiba 40 Unlock Company Profile
Kia 86 Unlock Company Profile
NEC 92 Unlock Company Profile
Sumitomo Electric Industries 37 Unlock Company Profile
Ford Motor 156 Unlock Company Profile
Chargepoint 81 Unlock Company Profile
Causam Energy 72 Unlock Company Profile
Gogoro 225 Unlock Company Profile
Wobben Properties 84 Unlock Company Profile
Cpi Integration 47 Unlock Company Profile

Source: GlobalData Patent Analytics

Toyota Motor is one of the leading patent filers in V2G power management. The company's V2G power management innovation is a technology that allows electric vehicles (EVs) to send power back to the grid. This can help to stabilize the grid and reduce reliance on fossil fuels. Some other key patent filers in the space include Honda Motor, Gogoro, and WiTricity.

In terms of application diversity, Causam Energy leads the pack, while Huawei Investment & Holding and Robert Bosch Stiftung stood in the second and third positions, respectively. By means of geographic reach, AES held the top position followed, by Causam Energy and Gogoro.

To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.