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Autonomous vehicles
GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. Electric vehicles lead in automation and advanced driver assistance Driving automation is at the forefront of software developments for cars today. While fully autonomous cars (Level 5 automation)) are not currently in sight, electric driverless taxis (Level 4) are already operating commercially in more than 20 cities worldwide. Moreover, automated driving systems are not limited to self-driving cars – they are also rapidly gaining…
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Financing CCUS at Scale
How to Mobilise Private Capital Carbon capture, utilisation and storage (CCUS) is an important area of attention for governments and financiers as both look to balance policy and investment goals. Recent financial investment decisions of major projects show promise in a sector that is gaining momentum, but its future success depends on viable business models and effective risk allocation across the value chain.In this context, Financing CCUS at Scale is the IEA’s latest report on what it takes to move CCUS projects from the drawing board to operation. Building on expert interviews with leading financial institutions, the report…
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Multiple Benefits of Energy Efficiency for Business
Energy efficiency is often described as the “first fuel” because the cheapest and most secure energy is the energy that is not used. For businesses, this begins with a straightforward benefit: lower energy bills. In many cases, efficiency investments can pay back quickly through reduced energy costs alone. However, the value of energy efficiency extends beyond energy savings.This report builds on the IEA’s work on the multiple benefits of energy efficiency and focusses on how these gains materialise in businesses. Key benefits range from productivity and product quality improvements to brand image or health benefits for employees and…
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Artificial intelligence and EVs
GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. At the same time, the benefits of AI and increased computing power are not exclusive to EVs. AI‑enabled energy management systems are increasingly used to optimise hybrid vehicles, and AI techniques are accelerating the design, testing and optimisation of all vehicles. Advances in AI underpin progress in autonomous vehicles Just two decades ago, state-of-the-art autonomous vehicles were confined to test…
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Heat Pump Taxonomy
A common framework for heat pumps classification and data Heat pumps are a cornerstone technology for achieving secure, affordable and sustainable heating. They have become one of the most common heating technologies and have the potential to impact significantly future trends for energy consumption in buildings and beyond.Tracking and analysing the pace of heat pump deployment compared to that of conventional heating technologies is essential for understanding future needs with regards to energy demand, investments in electricity infrastructure and fuel supply.Despite their growing importance, data on heat pump installations, as well as on their performance and cost, remain…
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Overview graphic: key technology trends for EVs
GEVO 2026 - Chapter 8 Electric vehicles (EVs) are increasingly at the centre of innovation in the automotive sector, bringing advances that extend far beyond developments in batteries and power electronics, thanks to several mutually reinforcing factors. Key technology trends are aligning in favour of EVs Battery electric vehicles (BEVs) are mechanically simpler than internal combustion engine vehicles (ICEVs) or hybrids, making them more compatible with digitalisation and automation. The relative simplicity of electric drivetrains enables shorter development cycles for new vehicles, allowing emerging technologies to reach BEVs sooner than vehicles with other powertrains.While the transition from mechanical to software…
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Vehicle software and software-defined vehicles
GEVO 2026 - Chapter 8 The transition from mechanical to software-based vehicle control has been underway for decades and has accelerated dramatically with the rise of EVs. Pure-play EV makers have pioneered the shift towards high-level, continuously updateable software-based vehicle control, speeding up the development and rollout of new features. Vehicles are evolving into software platforms for which users can access subscription‑based premium features, in the same way as for smartphones. A new design paradigm is emerging, with EVs at the forefront The digital transformation of the car industry is most evident in the emergence of software…
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Vehicle-to-grid technology
GEVO 2026 - Chapter 8 With the rollout of smart and bidirectional charging, EV owners can reduce charging costs and, in some cases, generate revenue by participating in grid services, such as frequency regulation. Load shifting and vehicle‑to‑grid (V2G) capabilities provide substantial electricity system benefits, helping reduce peak demand and potentially limiting the need for future grid investment – benefits for which EV owners can be compensated. Vehicle-to-grid charging holds the promise of alleviating grid constraints but barriers remain The rollout of EVs is a major driver of global electricity demand growth. Residential EV charging can draw more power than…