We are excited to share this Q&A session with Paul Jan Jacobs, founder of EVBoosters.com and EVMarketsReports.com. Paul is a leading expert in the electric vehicle (EV) industry, with over 10 years of experience in recruitment and market research.
In this session, Paul discusses the latest trends and developments in the global EV market, the key challenges and opportunities facing the industry, and the skills and expertise in high demand for EV jobs. He also shares his insights on how companies can make informed decisions in the EV market using data and analytics, and the role of events like the London EV show in driving forward the growth and development of the industry.
We hope you find this Q&A session informative and engaging. Please read to learn more about the future of electric mobility from one of the industry's leading voices.
#LEVS: Can you tell us about the inspiration behind starting EVMarketsReports.com, and how EVMarketsReports.com has evolved since its inception?
Mr Paul: The journey of EVMarketsReports.com began with a profound passion for electric mobility that was ignited back in 2010. Witnessing the rapid evolution of e-Mobility over the years, I felt a strong calling to contribute to this transformative industry in a meaningful way. This drive led to the creation of EVMarketsReports.com in early 2019.
Our vision for EVMarketsReports.com was to establish a platform that would serve as a platform of knowledge and insights for professionals, leaders, policymakers, and consultants within the electric vehicle sector. The idea was simple yet powerful: Push e-Moblity throughout the world by sharing relevant market insights with all relevant stakeholders. As a result, we built, among others, the world’s largest EV Reports database.
Since its launch, EVMarketsReports.com has evolved in remarkable ways. What started as a EV Report database quickly expanded into something much more dynamic. In February 2023, we proudly launched The Charge Point Monitor (powered by Eco-Movement) a data monitoring tool designed to track the progress of leading European EV countries in terms of charging infrastructure. At the same time we started analysing the data on our platform in more detail and we started delivering posts with relevant insights on a daily basis.
These steps forward showcased our commitment to staying at the forefront of industry developments.
#LEVS: What are the major trends you have observed in the global EV market, particularly in EV charging infrastructure and battery technology, and how do you see the landscape of electric vehicle adoption changing in the next 5-10 years?
Mr Paul: The expansion of EV charging infrastructure has become pivotal in driving widespread adoption. Public charging points surged reaching over 2.7 million charge points globally in 2022. China, a frontrunner in this expansion, hosts a substantial portion of slow and fast chargers, with Europe also making notable progress. This growth is instrumental in addressing range anxiety and enabling long-distance travel, contributing to EV adoption.
Battery technology is rapidly evolving, driving increased efficiency and range. The market has diversified, with lithium nickel manganese cobalt oxide (NMC) dominating at 60%, followed by lithium iron phosphate (LFP) at 30%, and nickel cobalt aluminum oxide (NCA) at 8% according to the IEA (2023). Additionally, alternatives like sodium-ion (Na-ion) batteries are emerging, potentially reducing reliance on critical minerals.
These trends signal a promising future for the EV market over the next 5-10 years. The ongoing expansion of public charging infrastructure, coupled with advancements in battery technology, is poised to accelerate EV adoption, especially in urban areas where accessible charging solutions are vital. As battery tech continues to improve, driving longer ranges and faster charging, barriers to EV adoption are expected to diminish, further propelling the global transition to electric mobility.
#LEVS: What role does data and analytics play in helping companies make informed decisions in the electric vehicle market, and how does EVMarketsReports.com ensure that the platform provides accurate and up-to-date information to its users?
Mr Paul: In our fast-moving market, especially in its early stages, things are changing rapidly. To keep up with all these changes, we rely on market data and analysis. They help us understand what's going on, keep track of everything, and compare different parts of the market.
At EVMarketsReports.com, we make sure to provide accurate and useful information. Our team carefully goes through reports to make sure we only show the right stuff. Plus, we're always looking for new reports every week to stay in the loop with the latest updates. Next, we team up with trusted partners like Eco-Movement to give our users the best info possible.
Even though being 100% perfect is a tough goal, we're always working hard to be as accurate as we can be. Our reliable data, partnerships with content partners and more than 10 years of experience in the global EV market help us get closer to that goal.
#LEVS: With the EV market experiencing significant growth and innovation, what are the key job opportunities and roles that professionals can explore in the EV industry, and what skills and expertise are in high demand to drive forward the development and adoption of EV technology?
Mr Paul: The EV industry is experiencing significant growth and innovation, which is creating new job opportunities and roles for professionals. Labour demand for BEVs and ICEs is similar, but new/omitted components lead to sector redistribution. Therefore, professionals with expertise in areas such as electric traction motors, power electronics, and high voltage wiring are in high demand.
Additionally, new rising technologies, mainly software-based, are becoming crucial to manage for the auto industry. Therefore, professionals with software development skills and experience in areas such as artificial intelligence and machine learning may also be in high demand. Finally, there will be a massive growth of EV-related energy production jobs.
Hence, the EV industry is creating a range of exciting new job opportunities for professionals with a diverse range of skills and expertise.
#LEVS: How do events like the London EV show contribute to the growth and development of the EV industry, and what benefits do they offer in terms of fostering innovation, showcasing new technologies, and networking opportunities for EV manufacturers, suppliers, and industry professionals?
Mr Paul: There's a shared mission that unites us all – decarbonising mobility. The road to achieving this goal is one we can't walk alone. It's truly heartening to witness the cooperation among companies within the industry.
Events like the London EV Show serve as catalysts for change. They're not just gatherings; they're the breeding ground for ideas, a hub where possibilities converge, and a launchpad for collaborations. It's a collective effort, and every single player, from within the industry and beyond, has a role to play in steering us toward a greener, more sustainable future. No time to waste. Let’s go!
Get 'FREE OF CHARGE' access to this and more than 650 other valuable EV Market Reports, and monitor 641.843 European Charge Points (by August 2023) via www.EVMarketsReports.com , the world's largest e-Mobility Reports and Outlooks database. Enjoy exploring!