EV charging infrastructure may surpass $62B by 2025
The global electric vehicle (EV) charging market is poised for an unprecedented boom, according to a recent MoneyTransfers.com analysis that shows that the global EV charging market will surpass $62 billion in 2025. What’s driving investments in EV charging? MoneyTransfers’ analysis cites several factors pushing the expected growth in investments in charging infrastructure. One of
Is faster EV charging worth the price?
Charging speeds for electric vehicles vary, from as little as 15 minutes using an ultra-rapid 350 kW charger, to as much as 24 hours when relying on a domestic wall outlet. OEMs are working on extending the charging rate up to 3 C (or even beyond), such as by using optimized cell cooling to allow
Tritium, BP enter multi-year contract
Tritium DCFC Limited (“Tritium”), a manufacturer of DC fast chargers for electric vehicles, has entered into a multi-year contract with BP for the supply of chargers and related services to support BP’s global EV charging network. This forms a step change in the strategic nature of the relationship between both companies, with an initial order
What DTNA’s Electric Island says about EV charging & infrastructure
About a year ago, Daimler Trucks North America opened what it refers to as a “heavy-duty electric truck charging site, called ‘Electric Island’” in Portland, Ore. The goal of Electric Island is to help accelerate the development, testing and deployment of zero-emissions commercial vehicles. A year later, that hasn’t changed, but the team has learned
Lectron begins retail partnership with AutoZone
Lectron has entered a retail partnership with AutoZone. The auto parts retailer now carries a selection of Lectron products on its website, including chargers, charging stations and adapters. The move by AutoZone makes Lectron its most widely available EV charging provider, Lectron says.
Talking EV charging & infrastructure at DTNA’s Electric Island
About a year ago, Daimler Trucks North America opened what it refers to as a “heavy-duty electric truck charging site, called ‘Electric Island’” in Portland, Ore. The goal of Electric Island is to help accelerate the development, testing and deployment of zero-emissions commercial vehicles. A year later, that hasn’t changed, but the team has learned
Mahle chargeBIG becomes independent of Mahle group
Mahle chargeBIG, a former corporate start-up, is now an independent subsidiary of the Mahle group. This will accelerate the automotive supplier’s transformation into a provider of sustainable mobility solutions and will also give the chargeBIG team greater operational freedom, the company says. Mahle says since entering the market in 2018, around 1,500 charging points have
InCharge Energy debuts charging as a service solution
InCharge Energy has launched “InCharge as a Service,” an EV charging subscription offering for commercial fleets that provides the infrastructure they need, paid for on a monthly or variable basis, without directly owning and operating the infrastructure themselves. InCharge Energy bundles all the costs of an EV charging infrastructure into a monthly fee that varies
BP to invest £1 billion in UK EV charging infrastructure
BP has announced new plans to invest £1 billion in electric vehicle charging in the UK. BP pulse, the company’s EV charging business, intends to make the investment over the next 10 years helping to meet the UK’s fast-growing demand for EV charging and support the country’s transition to low carbon transportation for both consumers
WattEV orders 50 Volvo VNR Electric Trucks for truck-as-a-service startup
Volvo Trucks North America’s customer WattEV has ordered 50 Class 8 Volvo VNR Electric trucks to launch its Truck-as-a-Service (TaaS) model in California. WattEV’s TaaS model provides shippers and carriers access to battery-electric trucks at a per-mile rate, including charging, that is on par with the total cost of operating diesel trucks, the company says.
EVgo to give Toyota bZ4X customers year of free EV fast charging
When the 2023 Toyota bZ4X battery electric SUV arrives at dealers later this year, it will mark the start of a collaboration between Toyota Motor North America (Toyota) and EVgo to provide new bZ4X customers with on-the-go access to DC fast charging stations. Customers who purchase or lease a new 2023 Toyota bZ4X will get
NC distributing $1M+ in Level 2 EV charging infrastructure rebates
The North Carolina Department of Environmental Quality’s Division of Air Quality recently released the Request for Proposal (RFP) for Public Access Level 2 Charging Infrastructure Program rebates under Phase 2 of the Volkswagen Mitigation plan. The RFP details how to apply for the $1,070,877 available to fund the installations of new publicly-accessible light-duty zero-emission vehicle
