ChargePoint(BMW, Daimler) sez superEVSE along highways will unlock EV sales (v)

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ChargePoint(BMW, Daimler) sez superEVSE along highways will unlock EV sales (v)

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Too Few Highway Chargers Are Last `Hurdle' for Electric Cars
November 30, 2017  Elisabeth Behrmann

evse  ChargePoint Inc. electric vehicle (EV) charging stations inside a
municipal parking lot in Los Angeles. Photographer: Dania Maxwell/Bloomberg

Why Electric Cars Aren't Taking Over Yet

 -   ChargePoint network provider says cities have enough stations
 -   CEO points to European plans to extend battery installations

Rolling out super chargers along highways in Europe and North America is key
to unlocking sales of electric cars, according to the head of the biggest
network provider.

Consumers have plenty of battery refueling stations at workplaces, parking
lots and shopping centers, ChargePoint Chief Executive Officer Pasquale
Romano said in an interview. For the head of a company that counts BMW AG
and Daimler AG as investors, the biggest challenge is putting more on
long-distance routes.

“Getting a highway infrastructure up and ready is critical,” he said. “It’s
a red-herring that there is no charging network in cities.”

Carmakers are spending record amounts on developing electric vehicles to
meet increasingly stringent pollution standards. In Europe, tighter
carbon-dioxide limits are set to take effect in 2021, spurring manufacturers
to make battery-powered vehicles ...

ChargePoint, which is based in Campbell, California, runs a network of about
39,000 battery-charging stations in the U.S., Europe and Australia that
includes both public installations and private ones for companies and
residences. After raising $125 million in an investment round led by Daimler
and Siemens AG, the company is boosting efforts to bring operations to
Germany and the rest of Europe.

Demand for electric vehicles has so far remained tepid as consumers balk at
limited vehicle choices and high prices. The availability of charging
stations isn’t the problem, according to Romano.

“The infrastructure is segueing naturally, except for highway charging,
where Tesla has already proven this can be done without much trouble,” he
said. The transition is made more challenging by a deeply-ingrained car
industry supply chain that churns out millions of gas or diesel vehicles.

“It hasn’t been in their interest to move very fast on electric cars,” he

The number of public charging points worldwide jumped by 61 percent last
year to 363,000, with China leading the pack, according to a report by
Bloomberg New Energy Finance. In Europe, Germany saw the most growth with 33

Summer Driving

Electric car sales are also expected to accelerate. UBS this week boosted
its forecast, citing the demise of diesel’s popularity in Europe, where
driving bans loom, and regulation in China. Battery-only vehicles could make
up 30 percent of new sales in Europe by the middle of the next decade, the
bank said.

Responding to the so far sluggish uptake, Volkswagen, BMW and Mercedes-Benz
parent Daimler have teamed up in a rare investment in infrastructure to
offer a European charging network of about 400 stations by the end of the
decade. German utility EON SE and Danish charging provider Clever are also
working on a similar project, and plan to open their first stations before
June to enable summer road trips. The efforts mirror Tesla’s 2012 decision
to build its own supercharger network between cities for long-distance

More highway chargers will “remove a buying hurdle for many drivers,” Romano
[© 2017 Bloomberg]
EV charger firm Fastned dwarfs initial bond target to raise €12.3m
08 December 2017  The in vogue electric vehicle market continues to
demonstrate its popularity with investors, with news yesterday Dutch charge
point company Fastned has raised €12.3m in just 10 days through its latest
bond offer, dwarfing its original target of €3.3m. The company saw €3m
committed within just 24 hours of the bond offer ...

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