Research Reports


Automotive & EV


[Selected Topics] An In-Depth Dive into Vehicle Subscription Services

2023/04/25

Automotive & EV

 PDF

As consumers increasingly accept the notion of replacing ownership rights with usage rights, coupled with a preference for on-demand consumption, vehicle subscription services emerge as a novel transaction model in the automobile industry. Notable for their flexibility and high degree of autonomy, these services free consumers from the ancillary costs associated with vehicle ownership.

Beyond third-party platform providers, automakers too are venturing into subscription services. The aims are diverse—expanding new markets, boosting sales volumes, and transitioning to service-based revenue models. Each automaker offers unique subscription packages, covering insurance and maintenance costs. Yet, the terms vary. Still in its developmental stage, the vehicle subscription model promises room for improvements, including improving differentiation from leasing and simplifying added conditions.

[Selected Topics] The Development of Bidirectional Charging for EVs

2023/03/23

Automotive & EV

 PDF

Bidirectional charging is a crucial trend in the evolution of EVs, with three primary application types: Vehicle-to-Grid (V2G), Vehicle-to-Home (V2H), and Vehicle-to-Load (V2L). While V2G optimizes grid load balancing and power dispatch, it involves multiple endpoints. This not only necessitates bidirectional charging capability in the vehicles but also requires bidirectional V2G charging equipment, requiring collaboration with aggregator energy service providers and public power grids. Its application scope can be either broad or narrow. In contrast, V2H requires additional infrastructure, while V2L is solely vehicle-dependent, allowing the charging of small appliances via a built-in bidirectional charger (OBC), offering convenience during outdoor activities or work and is the fastest bidirectional charging application to implement.

Get in touch with us