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.



Introduction

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

Analyzing the Electric Vehicle Market 2021 to 2028

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.

Future of EV

1. Policies and Norms:

The IEA report outlines the existing measures and declared targets and initiatives country-wise.

As per the report;

  • The European Union stands on the top in incentivizing EV deployment. The proposal from the nine-member committee states to phase out the sale of fresh IC Engine passenger vehicles.
  • The Biden administration has set a 50% market acquisition target for the upcoming decade. By 2025, California has set the target to achieve 1.5 Million Zero-Emission Vehicles (ZEV) and 5 million vehicles by 2030.
  • India targets a 25% share of EVs in sales by 2024, intending to acquire 30% of the total LDV (Light Duty Vehicle) market by 2030.

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.

2. Behavior of the Consumer:

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.

3. Role of Technology:

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

What is a Battery Management System?

Battery management system

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.

The Role of Battery Management System for Electric Vehicles

Battery management system

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:-

  • The BMS is the managing and commanding unit for your EV or E-bike’s battery pack to maintain longevity and ensure operational safety.
  • Ideally, a BMS is an accurate predictor of the conditions the battery packs can be susceptible to, such as shocks, vibrations, overloading.
  • It monitors and predicts accurate SOC(State of Charge) and SOH(State of Health), vital parameters for improving the overall battery performance.
  • The continuous monitoring process immunes the battery from overcharging, temperatures, or any short circuits.
  • Whenever the battery exceeds a safe limit voltage, the BMS cuts off the power supply from the battery.

How a Smart BMS Can Be EV’s Long-Term Companion

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 Battery Management System For Electric Vehicle

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.

Features of BMS

Here is how Bacancy’s smart BMS uses an adaptive approach to tackle the rapidly progressing EV markets:-

BMS Features:

  • Accurately determining the SOC (State of Charge), SOH (State of Health) for the battery supporting passive Cell Balancing essential for reaching cell stability.
  • Achieving a Current measuring (upto 2%) and Temperature measurement accuracy (±1 °C ), the BMS Pro enables multi-purpose utility required for hardware integration.
  • Incorporating SOC Algorithm and OCV compensation, maintaining accuracy and precision.
  • Supporting software services which BLE powers, Wifi & GSM/GPRS communication, Plug & Play support for Bacancy’s Telematics.
  • Covering a wide variety of cells and use cases, to detect and alert faults and diagnose event logging.
  • Securing IONDASH cloud battery analytics platform which facilitates remote mirroring, providing the exact real-time battery status.

Benefits of BMS:

  • The smart BMS is a firewall system, safeguarding the battery pack by continuous monitoring and optimizing its performance
  • Using a centralized communication protocol for cloud communication, the BMS is self-reliant in decision making without the intervention of human aid
  • The Multifaceted Communication Protocol promotes a seamless integration with mobile and web applications through BLE, Wifi, Non-isolated CAN communication protocol
  • Data visualization becomes easy with IONDASH-Bacancy’s Cloud Analytics Platform, which users can easily access through a web browser
  • Real-time data collection assists in simulating a close to real battery model required for analysis, development in improving the asset life and performance
  • Remote mirroring and real-time battery status monitoring establishes the foundation for a metrics necessary for risk mitigation and downtime assessment.

Key Takeaway

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.

Frequently Asked Questions (FAQs)

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

Battery Management System

Connect Now

Get In Touch

[email protected]

Your Success Is Guaranteed !

We accelerate the release of digital product and guaranteed their success

We Use Slack, Jira & GitHub for Accurate Deployment and Effective Communication.