The automotive industry continues to be a hotbed of patent innovation. Activity in vehicle-to-vehicle (V2V) power sharing is driven by factors such as increasing demand for electric vehicles, government regulations and incentives, decreasing cost of V2V power-sharing systems, increasing consumer awareness of V2V power-sharing technology, and growing importance of technologies such as wireless power transfer, V2V communication, 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: V2V power sharing. 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.
V2V power sharing is a key innovation area in smart grids
V2V power sharing is the concept of sharing power between vehicles through communication between them. This system can be used to predictively manage electrical energy storage, control an electric vehicle’s charging while parked, integrate a hub motor with a vehicle, influence and limit longitudinal dynamic forces, control the load pickup in a route section, calculate the weight profile of a vehicle system, and achieve mutual backup between onboard and ground safety 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 V2V power sharing.
Key players in V2V power sharing – 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 V2V power sharing
Source: GlobalData Patent Analytics
Ford Motor (Ford) is one of the leading patent filers in V2V power sharing. Ford’s Intelligent Backup Power technology allows the Ford F-150 Lightning electric pickup truck to power homes and businesses during power outages. The F-150 Lightning can provide up to 9.6kW of power, which is enough to power a typical home for three days. Some other key patent filers in the space include Toyota Motor, Nissan Motor, and Ocado Group.
In terms of application diversity, State Farm Mutual Automobile Insurance leads the pack, while Ocado Group and Outrider Technologies stood in the second and third positions, respectively. By means of geographic reach, Ocado Group held the top position, followed by Ninebot and State Farm Mutual Automobile Insurance.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.