BATTERY MANAGEMENT SYSTEM MARKET ANALYSIS

Market News

Global Battery Management System Market– Recent Developments

• In May 2022, Marelli Holding Co, Ltd., a battery management technology company, expanded its technology solution for electric vehicles with the launch of distributed battery management system. This newly launched technology ensures superior flexibility and greater efficiency at a relatively lower cost by eliminating wired physical connections that are generally required in other battery management systems.
• In September 2020, Analog Devices, Inc., a battery management system company, improved design flexibility and production by launching a wireless battery monitoring system without giving up range and accuracy during the battery’s lifespan. This newly launched system can save 15% of the volume and 90% of the wiring. It can enable automakers to increase the production of electric vehicles over a large range of vehicle classes.
• In September 2022, Sensata Technologies, Inc. announced the release of a new battery system termed lithium Balance n3-Bms for high voltage applications. Sensata Technologies, Inc. is one of the top providers of sensing, electrical protection, control, and power management products and services in the globe.
• In June 2022, Renesas Electronic Corporation presented a software module for complex device drivers (CDDs) that complies with AUTOSAR for use in automotive battery management systems (BMS) for electric vehicle (EV) applications. Renesas Electronic Corporation is a Japanese semiconductor producer with its main office in Tokyo.
• In April 2022, Infineon Technologies AG introduced a new series of battery management integrated circuits (ICs) that includes the TLE9012DQU and TLE9015DQU. These ICs are ideal options for balancing and monitoring battery cells. Moreover, they make measurements with exceptional accuracy using the most resilient application possible. Infineon Technologies AG is a German semiconductor manufacturer that has been established in 1999.
• In January 2021, Texas Instrument Incorporated introduced a wireless battery management system for electric vehicles. The newly introduced system ensures superior wireless control and monitoring of the superior cells. Furthermore, it has resulted in the elimination of cabling and weight saving. Texas Instrument Incorporated. Texas Instrument Incorporated is a Dallas-based American technology startup.
• In October 2021, Brill Power introduced a new intelligent battery management technology that will contribute to a 60% increase in battery life. Also, a 129% increase in storage capacity is anticipated, which will enable the systems to operate for longer. Brill Power is a clean-tech platform that creates advanced battery management technology to improve lithium-ion battery lifespan performance.
• In June 2022, Xing Mobility introduced its battery solution that is immersion-cooled at a convention in Germany. The new battery management technology has been developed to function in demanding settings like the summer heat and deteriorating driving conditions. Xing Mobility is a supplier of battery and powertrain technology for electric vehicles.