19th March 2019: Electric vehicle range extender is also known as auxiliary power unit present in electric vehicles. The equipment can provide additional energy to the vehicle by driving an electric generator, which charges a battery supplying electricity to vehicle motor. Range autonomy is expected to be the main barrier for commercial adoption of electric vehicles. Range extenders can resolve the problem by extending vehicle’s range when required.
New e-Power Technology for Electric Vehicles
Major product-variants of electric vehicle range extender are fuel cell range extender, internal combustion engine (ICE) range extender, and others. ICE range extender is expected to gain traction among consumers owing to lower cost. Most automobile manufacturing companies are estimated to produce and launch innovative products in the market. For instance, Nissan recently introduced its new Note e-Power Nismo S, faster than its previous version. It is expected to be higher-powered vehicle loaded with 1.2 liter gasoline three cylinder generator to turn the wheels. The technology can offer additional power boost to the car as compared to regular Note e-power equivalent of 134 horsepower.
Market Insights
The electric vehicle range extender market is anticipated to reach 494,083 units by 2025 according to a report by Grand View Research, Inc. Rising demand for hybrid and electric vehicles can augment market growth. Supportive initiatives by governments across the globe in terms of non-financial or financial incentives, subsidies, and rebates to promote electric vehicles can stimulate growth of market. Rising focus on solutions related to range anxiety problems can influence market growth. Lack of charging infrastructures and limited mileage range can be considered as major challenges related to electric vehicles. To resolve mileage related problems, drivers are expected to use alternative methods to save battery power. They are likely to avoid using air conditioner (AC) and other internal systems available in the vehicle. This, in turn, can hamper driving experience. High demand to resolve such issues associated with EVs can augment use of range extender solutions. Such effective solutions can increase range of vehicle’s battery by several kilometers.
Some of the leading companies operating in the market for electric vehicle range extender are General Motors Company, Nissan Motors Corporation, Volvo Car Corporation, Emoss Mobile Systems BV, and BMW Group.
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