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The transportation sector is now the biggest user of energy—accounting for around 35% of final power consumption. With 243 million cars on Europe’s roads alone, vehicles make up the lion’s share of this demand, accounting for 89% of the total. Yet, Aurora Energy Research has found that electrification could reduce vehicle emissions as much as 90% by 2040.
All this makes mass transport electrification a crucial aspect of sector coupling for a more sustainable future. Many economic factors are also causing the world to race down the road towards electrified transportation: the falling cost of batteries is making electric vehicles (EVs) more affordable, EV charging points are more common and convenient, regulations on emissions are tightening, and consumers are more conscious of their impact on air quality and the environment.
To take advantage of this opportunity, the automotive sector is now scrambling to bring more EVs to market at a wider range of prices. However, manufacturers also need urgent support to meet this power challenge.
For more than a century, vehicle manufacturers have focused on the internal combustion engine—and it still lies at the heart of their engineering expertise. But EVs demand an entirely new set of technologies and skills. With manufacturers under significant time constraints to bring EVs to market and investing billions to do so, they urgently need outside expertise.
For more than a century, vehicle manufacturers have focused on the internal combustion engine. But EVs demand an entirely new set of technologies and skills.
At Eaton, our knowledge, systems, and solutions put us in the ideal position to support this aspect of the energy transition and to drive decarbonization. Our strong automotive experience means we understand how manufacturers do business, their constraints, and their quality requirements. At the same time, we have deep expertise in the electrical sector too, letting us bring a powerful combination of capabilities to the table.
We can dramatically accelerate any manufacturer’s development cycle for their entire EV power train. For instance, as EVs demand higher power levels and faster charging rates, our complete Breaktor circuit protection solution can help keep people and components safe during short circuits, overloads, or collisions, as well as quick charging and normal driving scenarios.
With expertise spanning circuit protection, power electronics, power distribution, and transmissions, we can support all types of EVs, improving their power density, safety, and efficiency. The areas where we combine our vehicle and electrical experience offer the greatest benefits.
Additionally, a huge rollout of new infrastructure is needed to support the skyrocketing number of EVs on the roads. Buildings will play a crucial role in meeting this challenge, since EV owners clearly show a preference for charging where they park—at home, at work, at the mall, and so on. Thus buildings present a lucrative opportunity to ensure that EV charging is both more widely available and dominated by local renewable generation.
A huge rollout of new infrastructure is needed to support the skyrocketing number of EVs on the roads. Buildings will play a crucial role in meeting this challenge.
We can help building owners transform their properties into energy hubs by installing technologies like solar panels, battery storage solutions, and smart EV chargers. When combined with an energy management system providing overall monitoring, control, and optimization, these technologies allow building owners to monetize EV charging and to drive cost savings by maximizing green or off-peak energy consumption. By fully embracing the EV charging opportunity, building owners can even go further—providing valuable services to the grid, such as storing or reselling excess power to help utility operators stabilize the power system.
Innovation is moving unbelievably fast in this area and we’re delighted to be playing a key role in the energy transition. We look forward to working with many more vehicle manufacturers and building owners as a trusted partner, helping them to seize this opportunity and to create a safer and more sustainable future.
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