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Singapore to trial EV battery charging, swapping system

  • Spanish Market: Battery materials
  • 11/06/24

Singapore's Land Transport Authority (LTA) has approved four "sandbox trials" for electric vehicle (EV) battery charging and swapping system, as Singapore mulls including these technologies in its EV charging standard.

The four approvals — which are for heavy good EVs and mobile charging systems — were awarded to domestic firms Power-Up Tech, Beecharge Innovation, a consortium that includes Strides Frontiers and Ecoswift, as well as Singapore port authority PSA. The trials will go on for four years and they will "gradually commence" in the second half of 2024, said LTA on 11 June.

"These trials will allow LTA to better understand the technical and operational requirements of such technologies and to consider incorporating them in upcoming Technical Reference 25 (TR25) reviews," said LTA. The country in 2022 updated its EV charging standard — also known as the TR25 — after a review, which included battery swapping standards for electric motorcycles among others.

PSA will deploy one battery charging and swapping station within its Pasir Panjang port terminal for its electric heavy good vehicles, while the consortium will set up a station at Tuas. Power-Up Tech and Beecharge will provide mobile charging equipment for heavier EVs such as vans, trucks and buses. In mobile charging, equipment is transported to EVs that require immediate charging services.

Singapore last year issued a tender to buy around 400 electric buses to replace its diesel buses starting from December, when they reach their end of life. It later announced that it will buy 360 units in two contracts for a total of S$166.4mn ($123mn). Top EV manufacturer BYD won the contract for 240 electric buses, with the contract for the remaining 120 units going to regional firm Cycle and Carriage Automotive.

The country has introduced multiple incentives to accelerate its transition to "cleaner-energy vehicles", including its EV Early Adoption Incentives (EEAI), which has been extended to the end of 2025. Under EEAI, newly registered fully-electric cars and taxis will receive 45pc of rebate off their Additional Registration Fee, a registration tax, that will be capped at S$15,000.

The nation state has a target of having 60,000 EV charging points by 2030, with 40,000 in public carparks and 20,000 in private premises, according to LTA. All new domestic harbour craft in Singapore must also be fully electric, capable of using B100 biofuels or net zero fuels such as hydrogen by 2030, said former transport minister S Iswaran last year.


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19/07/24

Trump vows to target 'green' spending, EV rules

Trump vows to target 'green' spending, EV rules

Washington, 19 July (Argus) — Former president Donald Trump promised to redirect US green energy spending to other projects, throw out electric vehicle (EV) rules and increase drilling, in a speech Thursday night formally accepting the Republican presidential nomination. Trump's acceptance speech, delivered at the Republican National Convention, offered the clearest hints yet at his potential plans for dismantling the Inflation Reduction Act and the 2021 bipartisan infrastructure law. Without explicitly naming the two laws, Trump said he would claw back unspent funds for the "Green New Scam," a shorthand he has used in the past to criticize spending on wind, solar, EVs, energy infrastructure and climate resilience. "All of the trillions of dollars that are sitting there not yet spent, we will redirect that money for important projects like roads, bridges, dams, and we will not allow it to be spent on the meaningless Green New Scam ideas," Trump said during the final night of the convention in Milwaukee, Wisconsin. Trump and his campaign have yet to clearly detail their plans for the two laws, which collectively provide hundreds of billions of dollars worth of federal tax credits and direct spending for renewable energy, EVs, clean hydrogen, carbon capture, sustainable aviation fuel, biofuels, nuclear and advanced manufacturing. Repealing those programs outright could be politically difficult because a majority of spending from the two laws have flowed to districts represented by Republican lawmakers. The speech was Trump's first public remarks since he was grazed by a bullet in an assassination attempt on 13 July. Trump used the shooting to call for the country to unite, but he repeatedly slipped back into the divisive rhetoric of his campaign and his grievances against President Joe Biden, who he claimed was the worst president in US history. Trump vowed to "end the electric vehicle mandate" on the first day of his administration, in an apparent reference to tailpipe rules that are expected to result in about 54pc of new cars and trucks sales being battery-only EVs by model year 2032. Trump also said that unless automakers put their manufacturing facilities in the US, he would put tariffs of 100-200pc on imported vehicles. To tackle inflation, Trump said he would bring down interest rates, which are controlled by the US Federal Reserve, an agency that historically acts independently from the White House. Trump also said he would bring down prices for energy through a policy of "drill, baby, drill" and cutting regulations. Trump also vowed to pursue tax cuts, tariffs and the "largest deportation in history," all of which independent economists say would add to inflation. The Republican convention unfolded as Biden, who is isolating after testing positive for Covid-19, faces a growing chorus of top Democratic lawmakers pressuring him to drop out of the presidential race. Democrats plan to select their presidential nominee during an early virtual roll-call vote or at the Democratic National Convention on 19-22 August. By Chris Knigh t Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

China's Sunwoda plans $275mn battery plant in Vietnam


18/07/24
18/07/24

China's Sunwoda plans $275mn battery plant in Vietnam

Singapore, 18 July (Argus) — Major Chinese lithium-ion battery manufacturer Sunwoda plans to build a 2bn yuan ($275mn) battery plant in northern Vietnam's Bac Giang province. The site is expected to produce consumer battery cells, system-in-package and batteries, said Sunwoda. Capacity was undisclosed but the site is expected to generate around $1bn/yr of revenue, according to an official portal by Bac Giang Provincial People's committee. Northern Vietnam houses sites of multiple major technology and semiconductor firms including Apple, Foxconn and Samsung, but unannounced or short-notice power cuts have affected production bases in the region. Power outages in Northern Vietnam during May-June 2023 disrupted production and were estimated to have shaved 0.3pc off the country's GDP, according to a 2023 report by World Bank. But the province has "overcome the power supply difficulties", said the current chairman of the Bac Giang Provincial People's committee chair Le Anh Duong. The power supply lines and stations for manufacturing plants in the province have been strengthened, Duong said, adding that the province is looking at upgrading its electricity transmission system and prioritising the allocation of electricity output to key manufacturing companies. Sunwoda will be on its power supply priority list if Sunwoda goes ahead with the investment, said Duong. Rising market barrier pressure and overseas demand prompted major Chinese battery firms to expand overseas in an attempt to deal with geopolitical curbs. Disclosed overseas investment from China's lithium-ion battery sector totalled Yn565bn as of June, according to Chinese research institution EV Tank earlier this month. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Vietnam’s Vinfast cuts EV sales goal, delays US plant


15/07/24
15/07/24

Vietnam’s Vinfast cuts EV sales goal, delays US plant

Singapore, 15 July (Argus) — Vietnam-based electric vehicle (EV) manufacturer Vinfast Auto has lowered its 2024 EV delivery goal and delayed its North Carolina EV plant's first production by three years, because of economic headwinds. "We have adopted a more prudent outlook that is carefully calibrated to near-term headwinds, taking into full consideration the realities of market volatility and potential challenges," said the chairwoman of Vinfast's board of directors Le Thi Thu Thuy on 12 June. Vinfast now expects to deliver 80,000 EVs in 2024, down from the 100,000 units it set earlier this year and having missed its delivery goal of 40,000-50,000 last year. Vinfast delivered 21,747 EVs in January-June, almost doubling on the year, according to the company. Its EV sales over April-June stood at 12,058 units, up by 24pc on the quarter and 26pc on the year. It started building a $2bn EV factory in US North Carolina's Chatham county last year, with output scheduled to begin in 2025 . But the firm has now made the "strategic decision" to push it back to 2028, Vinfast said. VinFast earlier this year said that it would invest $2bn in south India's Tamil Nadu state to develop its EV sector, including building an EV plant that can produce 150,000 units/yr. The plant will be "opened" in the first half of 2025, said Vingroup's chairman Pham Nhat Vuong last month, adding that India will be Vinfast's biggest Asia market. The global battery and EV sectors have been facing various economic and geopolitical headwinds. This includes persistently elevated interest rates that are curbing consumer spending, and rising geopolitical market barriers starting with the US and EU's tariffs on Chinese EVs, as well as Canada looking into potential punitive duties on Chinese EVs. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

India’s Attero to expand lithium-ion recycling capacity


11/07/24
11/07/24

India’s Attero to expand lithium-ion recycling capacity

Mumbai, 11 July (Argus) — India's Attero Recycling plans to increase its lithium-ion (Li-ion) recycling capacity to 200,000 t/yr in the next 2½ years, and to 300,000 t/yr in the next five years. The firm currently can recycle 15,000 t/yr of Li-ion batteries and about 144,000 t/yr of electronic waste (e-waste) at its plant in Roorkee city, Uttarakhand state, Attero's chief executive Nitin Gupta told Argus . The firm plans to further expand Li-ion battery and e-waste recycling capacity to 300,000 t/yr and 1mn t/yr in the next five years. Attero is currently finalising the location for its 100,000 t/yr Li-ion recycling plant in Andhra Pradesh state, which is expected to begin commercial production within the next 14 months. The firm also plans to set up a 100,000 t/yr Li-ion recycling plant in Poland, which is expected to be commissioned in the next 12 months. There is also a plan to establish a 100,000t/yr Li-ion battery recycling plant in the US, once the Indian and Polish plants are commissioned. Attero has 46 global patents on NASA-approved recycling technologies in India. It can extract metals and minerals from all types of end-of-life Li-ion batteries of various chemistries such as nickel-manganese-cobalt, lithium cobalt oxide, lithium-ion manganese oxide, lithium titanate and lithium iron phosphate. The firm's extraction efficiency of pure battery grade cobalt, lithium carbonate, graphite, nickel and manganese dioxide are around 98pc for pure battery grade material, as compared to the global average of 75pc, Gupta said. Most firms are not recycling LFP batteries, as most technologies are focused on extraction of nickel and cobalt, according to Gupta. The firm has secured sourcing agreements that are sufficient for its next two years of consumption, Grupta added. Attero is also considering filing an initial public offering in the Indian market within the next 24-36 months. Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

BP to expand EV charging to US malls


10/07/24
10/07/24

BP to expand EV charging to US malls

Houston, 10 July (Argus) — BP has agreed to install its electric vehicle (EV) charging gigahubs at 75 Simon Property Group sites across the US. The deal will create more than 900 charging bays that can "support nearly every make and model of EVs on the market today" at Simon properties, which are primarily shopping malls. The first gigahubs, which will be installed by the company's BP Pulse subsidiary, are expected to open in early 2026. BP Pulse's EV charging network includes 39,000 bays across the US, UK, Germany and China, and the company aims to surpass 100,000 globally by 2030. BP plans to invest $1bn into domestic EV charging infrastructure by the end of the decade, as well. The agreement with Simon follows BP's 2023 deal with car rental agency Hertz to add gigahubs and charging bays in "high-demand locations" of major cities in the US. By Alex Nicoll Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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