ABB, a major Swedish-Swiss multinational technology company, is involved in several major electric vehicle charging networks. The company is now unveiling its own full 350 kW electric vehicle charging technology, which it claims can add 200 km of range in 8 minutes. expand full story
Telekom, a large European telecommunications company headquartered in Germany, confirmed that they are putting in place a massive plan to more than double the current electric car charging infrastructure by converting their distribution boxes. expand full story
BP, the British oil company, announced today an investment in a US-based electric vehicle charging station manufacturer in order to trial charging technology at its own retail sites by the end of the year. expand full story
The batteries in EV’s are heavy, expensive and in many cases slow to charge, this results in many affordable EV’s having a limited range. Obviously, this reduces the usefulness of EV’s for many potential buyers. For EV’s to really take off, we need an extensive network of public fast charging stations (DCFC’s). However, the current fee structure of utility companies, especially the additional peak demand charges during hot summer months, can make up a substantial part of the electricity costs of a charging location, forming a significant roadblock for the future of EV’s.
In a recent study for EVgo, analyzing data from every charging session in 2016 from all 230 of EVgo’s DC fast charging stations in the state of California where half of all the nation’s EV’s are being used, Rocky Mountain Institute (RMI) found that with today’s EV market penetration and current public DCFC utilization rates, demand charges can be responsible for over 90% of electricity costs, which are as high as $1.96/kWh at some locations during summer months.
In an effort to stimulate the electric vehicle market in Russia, Prime Minister Dmitry Medvedev signed a decree requiring the owners of gas stations to install charging equipment for electric cars at their gas stations by Nov. 1, 2016 according to the Moscow Times. The requirement could very well be the most drastic government action to encourage electric vehicle infrastructure in any country. expand full story