THE FUTURE OF TRANSPORTATION WILL RUN ON ELECTRICITY

THE FUTURE OF TRANSPORTATION WILL RUN ON ELECTRICITY

According to Frost & Sullivan’s Global Electric Vehicle Market Outlook 2018, global EV sales will climb from 1.2 million units in 2017 to approximately 2 million units in 2019. The EV industry will need to overcome major challenges related to battery technology and charging infrastructure, both of which have fallen far short of the pace set by global EV sales. The charging infrastructure market, which includes batteries and battery technology, according to an AT Kearney report, will be a $29 Billion global market by 2020 within the overall $390 Billion global E-Mobility market. According to a 2018 JP Morgan report, by 2025 and 2030, 32% and 59% of total automobile sales will come from EV (includes hybrids), respectively.

BATTERY MANAGEMENT SYSTEMS

One of the biggest challenges facing the thermal and battery safety management segments within the E-Mobility ecosystem is battery capacity. Engineers are demanding more battery capacity to expand the range and power of existing platforms while adding new, power-demanding components for advances such as 5G data networks. These double demands will strain battery limits, increasing risk for serious failures and producing more heat both in the battery and around sensitive and expensive electronics. KULR’s proprietary products mitigate those challenges by reducing weight and managing heat in battery and electronics architecture as well as significantly reducing the risk of the dangerous consequences of battery failures in thermal runaway. EV manufacturers and consumers alike benefit from increased fuel efficiency gained from overall weight savings while also having the comfort of knowing KULR’s HYDRA TRS stands ready to prevent dangerous thermal runaway propagation. Lithium batteries in particular need special protection and control mechanisms to keep them within their predefined voltage, current, and temperature operating limits. The consequences of failure of a lithium cell could be quite serious, possibly resulting in an explosion or fire. Cell protection is therefore indispensable in lithium batteries.

TELEMATICS

According to a 2018 McKinsey report, car generated data, or telematics, may become a $450 Billion to $750 Billion market by 2030. As vehicles become increasingly connected to each other via wireless communication, cloud computing, and LIDAR, reams of vital data are being created daily. KULR Technology plans to leverage its telematics data and thermal management data to help both auto insurers and insurance companies make more informed decisions regarding insurance premiums.

The auto telematics market is massive. It ranges from government budgets affected by increased road safety to better aligning auto insurance premiums with customers by incorporating a need vs use driving behavior model. Beyond insurance and road safety, according to McKinsey, telematics’ additional benefits include driving-style improvements boosting fuel economy, location-based services enhancing stolen-vehicle recovery, real-time tracking, vehicle-finder services, vehicle-maintenance alerts, and fuel and routing optimization.

CONNECTED CARS

The automotive industry is undergoing a seismic disruption where visual computing and artificial intelligence will make future cars safer and easier to navigate. By 2021 it’s projected over 380 million connected cars will be on the road. Internet integration will change the car ownership model creating a new E-Mobility platform for consumers to access content and eventually revolutionizing the auto industry with fully autonomous vehicles.

Connected cars require an enormous amount of computational power that’s close to super computers in carrying out high resolution real-time image recognition and AI computation. KULR serves this market with our lightweight carbon fiber cooling solutions. From thermal interface material to liquid cooling heat exchangers, KULR can solve the harsh environmental requirements of automotive applications.

MICRO-MOBILITY

More than a quarter of the world’s population lives in cities with more than one million inhabitants. Vehicle traffic speeds in many of those city centers now average as little as 9 miles per hour. This can be an excruciating and awful experience. Micro-Mobility modes of transportation including e-bikes and e-scooters offer city habitants a break from that congestion and tension: higher average speeds, less time spent waiting or parking, a lower cost of ownership, and the health benefits of being outdoors.

According to McKinsey & Company, Micro-Mobility (passenger trips of less than 5 miles), accounts for as much as 50 to 60 percent of today’s total passenger miles traveled in China, the European Union, and the United States. Favorable economics and lower breakeven costs have experts forecasting the shared Micro-Mobility market across China, the European Union, and the United States to be $300 billion to $500 billion by 2030.

Despite existing rapid-charging stations, the charging of an electric scooter still takes significantly longer than fueling a conventional car. Greater demands on battery pack capabilities as well as an increased dependence on fast charging places additional importance on battery failure prevention. Whether it’s the mitigation of thermal runaway in battery packs or bettering our understanding of a cell’s internal shorts and its implications on cell and battery pack design, KULR’s expertise and product lines are well positioned to serve E-Mobility’s (or Micro-Mobility’s) rapid battery infrastructure deployment.

5G COMMUNICATION & CLOUD COMPUTING

Secure wireless services enable secure wireless communications and GPS capabilities allow vehicles and E-Mobility charging stations to communicate in real time. Alerting drivers to the nearest available charging stall, automatically providing navigation, sending updates via text message or email when charging is complete​ are all examples of the seamless backbone services required of fast internet connection within the E-Mobility ecosystem.

KULR’s solution offers superior mass and weight advantages with its carbon fiber architecture for a variety of communication applications. In fact, KULR’s technology has its beginnings in the space industry having won over 30 contracts with NASA including providing thermal management solutions used in the Mars Rover and Mercury Messenger. KULR has developed a number of products to increase the performance of aerospace and communication technology, and are continuing to research new and innovative energy and thermal management solutions.

Liquid cooling for high performance computers has been making a comeback because of the requirements of cooling large and densely packed microprocessor arrays. A rack of servers can consume 20,000 Watts of power and generates tremendous waste heat. KULR serves this market with a high-performance thermal interface material that can be customized to serve a wide range of air gap and contact pressure requirements. KULR also offers efficient liquid and vapor cooling heat exchanger for very high-performance server and network processors.

ENERGY STORAGE

As E-Mobility engagement grows an increasing demand for more powerful portable electronics, battery powered tools, and electric vehicles will also follow suit. Inherent in the rise of E-Mobility adoption will be a need for battery systems to effectively meet increased power and energy density requirements. Because of their energy density, higher voltage, and negligible memory effects, lithium-ion batteries are the popular choice for a wide range of applications, especially in portable electronics. However, larger power demands and increasing cell density of lithium-ion battery packs result in higher operating temperatures, especially under peak loads. Although rare, news of exploding electronic devices due to thermal runaway in lithium ion batteries (Li-B) are well documented and raise serious safety concerns.

Li-B cells with cobalt cathodes should never rise above 130°C (265°F). At 150°C (302°F) the cell becomes thermally unstable causing a condition that can lead to thermal runaway in which flaming gases are vented. During thermal runaway, the high heat of the failing cell can propagate to adjacent cells causing them to become thermally unstable as well. To increase safety, packs are fitted with dividers to protect the failing cell from spreading to neighboring cells.

KULR’s HYDRA TRS is a cost effective passive thermal management system to prevent Li-B thermal runaway propagation. HYDRA TRS offers design simplicity and eliminates the need for costly mechanical equipment and additional capacity to power them.

IoT

By 2020 there will be an estimated 30 billion connected devices on the planet with each person consuming 5.2 Terabytes of data. The Internet of Things (IoT) has been called the next Industrial Revolution because it will change the way all businesses, governments, and consumers interact with the physical world. Connected devices, such as automated teller machines and airline check-in machines are examples of first generation connected devices. New and novel devices and many ordinary objects are also being reinvented with digital sensing, computing and communications capabilities. This functionality provides passive objects with a “digital voice” and the ability to create and deliver an information stream reflecting their status and that of their surrounding environment.

The unique characteristics of IoT and wearable products present some difficult design challenges. Today’s IoT and wearable products must deliver ever-increasing capabilities in smaller packages with more aerodynamic shapes. In addition to their smaller size, IoT and wearable products often require contoured form factors and flexibility to accommodate the shape and movement of the human body, which further complicates the design process. The increasing functionality and shrinking size of IoT and wearable products also obscures signal integrity and presents thermal management challenges. KULR’s technology is a lightweight, flexible, and highly customizable thermal management solution ideal for IoT products.

ENQUIRIES

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