At the Shanghai Bauma Construction Machinery Exhibition held at the end of November 2024, EVE released a full-scenario solution and a series of new batteries, covering application scenarios such as construction vehicles, heavy trucks/mining trucks, and aerial work platforms. As a technology leader in the battery industry, EVE has demonstrated technological innovation and market leadership in the field of construction machinery electrification through its B3P platform, H3E platform and ES series platform products. China Exportsemi will analyze the characteristics, market significance and industry impact of these products in detail.
Ⅰ All-scenario solution: a list of new battery platforms
1. B3P platform: the most efficient power choice for engineering vehicles
Application scenario: Development for excavators, loaders and other engineering vehicles.
Product features: Cycle life of more than 5000 times, support for high load conditions, with high-strength shell design.
Technical advantages: Modular design, flexible adaptation to a variety of models, and efficient thermal management capabilities to ensure that the battery maintains stable performance in extreme environments.
2. H3E platform: a high-load solution for heavy-duty trucks/mining trucks
Application scenario: Specially designed for mining heavy trucks and engineering transport vehicles.
Product features: It supports high power output and has up to three times the structural strength, which can cope with the needs of high vibration and high impact working conditions.
Technical highlights: The battery adopts liquid cooling technology, and the thermal runaway protection mechanism is further enhanced to ensure stability and safety in high-temperature environments.
3. ES series platform: a lightweight choice for aerial work platforms
Application scenario: suitable for scissor and arm aerial work platforms.
Product features: The product is focused on light weight and high energy density, which can significantly improve the battery life and flexibility of the device.
Technical advantages: The integrated battery management system (BMS) can monitor the battery status in real time and extend the operating life of the equipment.
EVE's three platform-based products cover the core needs of different working conditions and meet the diverse needs of the construction machinery market for high-performance, high-safety and long-life batteries.
Figure: EVE has released a full-scenario solution and a series of new batteries
Ⅱ Technological innovation: breakthrough performance and security improvements
EVE has introduced a number of innovative technologies into the battery platform released this time, setting a new benchmark for the application of construction machinery:
5,000 cycle life
product cycle life far exceeds the industry average, which means a significant reduction in battery replacement frequency and operating costs over the life of the equipment.
triple structural strength
battery is designed to meet the extreme needs of high vibration and high impact scenarios of construction machinery, and its shell strength reaches more than three times the requirements of the old national standard.
Multiple safety protection
For extreme working conditions, the battery platform is equipped with a multi-layer thermal management system, including liquid cooling technology and thermal runaway protection, to ensure long-term operation stability.
Ⅲ Market potential: Growth opportunities in the $100 billion blue ocean market
1. Global market size forecast
According to the QYResearch report, the global construction machinery lithium battery market is expected to reach $20.41 billion by 2030, with an average annual compound growth rate of more than 15%. Key drivers include:
Government policy promotion: Many countries around the world are phasing out traditional fuel construction machinery and equipment and accelerating the transformation to electrification.
New energy infrastructure expansion: The rise of green buildings, smart cities, and new energy development projects has further increased the demand for electric construction machinery.
2. EVE's market competitiveness
EVE's B3P, H3E and ES series platform products meet the core needs of the construction machinery market with the advantages of long life, high strength and customization, and provide strong support for its expansion in the global market.
Ⅳ Industry Impact: Drivers of the Electrification Transition
1. Acceleration of electrification of construction machinery
Driven by the global goal of carbon neutrality, traditional fuel equipment is being rapidly replaced by electrified equipment:
Energy saving and environmental protection: Compared with traditional fuel equipment, electric equipment can reduce operating energy costs by 40%-50%, while reducing carbon dioxide emissions.
Policy support: The continuous tightening of emission standards for construction machinery in markets such as China and Europe had accelerated the electrification transformation of the industry.
2. The core role of power batteries
EVE's new battery, as a key component of electrification equipment, has made breakthroughs in performance, cost and safety, providing important support for the industry.
Ⅴ Expert's view: industry recognition and cooperation development
During the Bauma exhibition, EVE had in-depth exchanges with a number of leading companies in the industry, and its products received extensive attention:
Caterpillar, XCMG, Sany Heavy Industry and other companies spoke highly of EVE's performance in high reliability and adaptability.
EVE plans to cooperate with more international brands to launch customized solutions for different market needs.
Ⅵ EVE's globalization strategy and technology accumulation
1. Leading technology
With more than 2,000 patents and the layout of the whole industry chain, EVE has become one of the global technology leaders in the field of lithium batteries.
R&D investment: EVE invests nearly 10% of its revenue in R&D every year to maintain continuous iteration of technology.
Product innovation: From consumer batteries to power batteries, and then to the field of construction machinery, EVE continues to expand its product line to meet diversified market needs.
2. Global market layout
EVE has multiple production bases in Asia, Europe and North America, and can quickly respond to global customer needs through a well-established supply chain and efficient service network.
Ⅶ Editor's observation: the future development direction of construction machinery batteries
From the perspective of the editor of China Exportsemi, the release of EVE's new battery is not only a manifestation of technological innovation, but also an accurate grasp of industry trends
1. Driven by market demand
Green building and infrastructure construction will continue to drive the electrification of construction machinery, and the demand for high-performance batteries will further expand in the next five years.
2. Technology and Business Model Innovation
With the rise of battery leasing and cascade utilization models, EVE also has great potential in innovative business models.
Although the industry is still facing challenges such as cost pressure and insufficient infrastructure, EVE has demonstrated strong adaptability and growth potential through technological innovation and cooperative expansion.
3. Conclusion: EVE can shape the future of electrification of construction machinery
EVE's full-scenario solutions and new batteries launched at the 2024 Shanghai Bauma Exhibition not only demonstrate its deep accumulation in technology research and development and product design, but also provide efficient and reliable electrification solutions for the global construction machinery market.
In the future, EVE will continue to be driven by innovation, deepen its global layout, lead the development of the construction machinery battery field in a green, efficient and intelligent direction, and contribute to the global energy transition and sustainable development.
