Quick Summary:
The E-mobility industry has been rapidly expanding. With the ramp-up in EV production, the need for Battery Management Systems has also been on the surge. 2020 witnessed nearly 10 million EVs on the road, advancing amid the pandemic with a 4.6% sale out of the total cars in the world.
To future proof the EV ecosphere’s changing needs, we need to employ the right performance management system for the battery packs used in E-Bikes and EVs. In this blog, I will share a comprehensive analysis discussing the future of Battery Management System for Electric Vehicle & the need to adopt a reliable, sound Battery Management System.
Certainly, EV – electric vehicles are not the future tense anymore, and you might see people around you buying an EV for themselves, gearing up with the advancements in the constantly changing mobility segment.
The whole concept of E-mobility is like the center point of a see-saw built to
1. Mitigate the foreign dependency on oil and gas
2. Nurture a cleaner and healthier space towards sustainable development
The Electric Vehicle segment is constantly acquiring the automotive market YoY. A report by Fortune Business Insights suggests that the global electric vehicle market opportunity is set to scale from USD 287.36 billion in 2021 to USD 1,318.22 billion in 2028 at a CAGR of 24.3% by 2028.
By 2026, the Electric Vehicle Market in India is predicted to reach USD 47 billion with a CAGR above 44% (2021-2026) estimated at USD 5 billion in 2020.
The future scope of Electric Vehicles is determined by; Regulation, Consumer Behaviour, and Technology. Fundamentally, these topmost crucial factors drive the road towards sustainable mobility solutions.
The IEA report outlines the existing measures and declared targets and initiatives country-wise.
As per the report;
The majority of the regions have already implemented alternative mobility modes such as rental E-bikes. The unison of the most prominent regions is converging mostly towards adopting the EV as shared mobility to reduce private vehicle use and traffic congestion.
People are accepting the change and aligning with the sustainable modes of mobility. More than 20% of Germans already use ride-pool for their daily commute.
However, a recent survey by an automotive research company highlights the concerns related to the EV battery capacity. The EV drivers are pessimistic about the battery range, unlike an ICE vehicle driver who can find refueling stations distanced in almost a mile’s range. Here is where the need for an improved Battery Management System for Electric Vehicle comes into play.
The newly developing autonomous, electric, and shared mobility concepts have attracted the industry with $400 billion in investments cumulative in the last decade. Thanks to the far-sighted investors who have accelerated the execution of innovative ideas to improve battery technology, placing EV right next to a conventional vehicle.
Have a look at how Bacancy’s smart Battery Management System is future-proofing the EV-ecosystem
The BMS (Battery Management System) is a performance management framework for monitoring the status of the battery and determining its health and charge status. Battery status can be monitored remotely on-screen/tablet/smartphone.
The BMS accurately determines the State of Charge (SOC) and State of Health (SOH) for the battery, which are vital parameters required for ensuring the battery’s longevity.
It also supports passive cell balancing, crucial when the battery is overcharged or completely discharged.
Particularly, a BMS is needed for E-bikes and EVs, where the motor current row is high. The batteries can go out of balance because of unequal load distribution, leading to permanent damage or failure in the life cycle.
If you are an EV owner, you know that it is economically viable to commute to work vice-versa. You could either charge at home overnight or at the corporate parking garage. But the anxiety arrives on the weekends, whether to go for a long drive, unaware about the range of a trip.
To solidify the ground of improvement, the EVs follow a modular approach towards energy conversion and storage for the batteries. Here is how an affordable and reliable Battery Management System for Electric Vehicle is important:-
We must not overlook the fact that the battery is the heart of the EV, and a safety-critical system is a must to prevent any catastrophic failures. Considering BMS Battery Management System for Electric Vehicle as a self-check system, operational sustainability is well ensured.
With a wide range of EV options evolving in the market, a robustly smart BMS powered with reliable and multifaceted communication protocols can be very well suited for further development.
Explore more features of Bacancy’s smart BMS products catering to the E-mobility industry. Get in touch with the Leading Embedded Company
Bacancy’s integrated and smart BMS is an authentic Performance Management System and a reliable EV ally. By capturing live battery parameters and secondary data from the battery pack, the BMS enables battery performance monitoring for the system.
Bacancy’s extended venture, Bacancy Systems, is catering to the E-mobility Industry with a precise solution eco-system through the BMS, delivering flexible models for hardware, software, and cloud.
Here is how Bacancy’s smart BMS uses an adaptive approach to tackle the rapidly progressing EV markets:-
With a ramp-up in EV production, the OEMs know that consumer behavior is the key aspect to consider while gearing up for the future. Their promise to deliver products with sustainability for the consumer and environment will be the topmost priority for this decade. Being the most trusted BMS manufacturer and suppliers, we develop a BMS product that is a compatible solution model for the battery pack. It supports Li-ion/ Li-Polymer and Li-FePO4 battery chemistry with reliable multifaceted communication protocol support.
Bacancy Systems, an extended venture of Bacancy, is a leading embedded company. We are serving the E-mobility segment by building authentic solution models in product engineering and hardware integration services.
A smart, reliable BMS is the one that comes with multifaceted communication protocols. It enables the BMS to decide without any human interface. With the help of real-time remote mirroring, accuracy and authentic modeling capabilities are achieved.
Other than EVs and E-Bikes, the BMS is used in Mobile Equipment, Industrial and Home Storage, Battery Backup Systems, Drones, Robots, and Street Lighting
The battery chemistry which Bacancy’s smart BMS support include Lithium-ion, Lithium-polymer, and LiFePO4 Battery packs
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