The electric cars have arrived with the trend of innovation and growing environment concerns. Major car manufacturers have begun the production and set targets for next few years. With arrival of electric cars, there is a need to install charging stations. Europe electric vehicle (EV) chargers market players have determined the need to install the station at appropriate points along the highways and in the parking lots. Moreover, investors have come forward to support the vision of startups and leading players and offering them funding to widen the network. Market players have determined the charging points and been installing stations with convenience of car owners in mind. The demand for fast charging is high. So, market players have been innovating and trying to develop technologically advanced stations that offer rapid charging.
Opening electric vehicle charger stations have become one of the priorities of market players. An ultra-rapid electric vehicle charger is installed between Sydney and Melbourne for convenience of electric car owners. Electric vehicle network provider Chargefox opened this site at major location outside Goulburn. This Goulburn site also joins Moe in Gippsland, Victoria. The site consists of two 350kW ultra-rapid chargers along with a 50kW fast charger. This becomes the first site to provide both CCS2 and CHAdeMO plugs, offering the 350kW units. Chargefox CEO Marty Andrews outlined that Goulburn connects the route between Canberra and Sydney. The company is glad to open this before the Christmas so people can do the trips. Chargefox plans to offer fast charging free of cost until the end of 2019 for encouraging drivers to stop and utilize the new site. The team will focus on opening the number of sites at Cooma, Gundagai, Karuah, and Ballina that were announced in October.
Europe has also been experiencing a significant rise in the number of charging stations. Europe electric vehicle (EV) chargers market players have been installing new charging stations and availing funds for the same. Fastned, a startup based in Netherlands, has been building fast charging stations across the Europe. The startup raised €12 million with the issue of bonds and revealed that it will build charging stations at 13 highway locations in Belgium. Electric cars can be charged up to 350kW. It will be built on
100% renewable electricity. The startup revealed that these stations will be built in collaboration with the Agentschap Wegen & Verkeer (AWV). Parking at highway will be provided in Flanders, Belgium along with fast charging stations.
Commenting on the acquisition of bonds and plans to build new stations, Michiel Langezaal, the CEO of Fastned, outlined that the company aims to expand the capacity of networks with more fast chargers and stations. This funding helps in meeting the rising demand for fast charging. Veva Daniels, spokesperson for the Agency for Roads and Traffic, commented on charging stations in Belgium that people are interested in investing in electric cars. One in six Belgian citizens highlighted that they want to buy electric car in three years. Increase in number of charging stations for electric cars along the Flemish motorways enables electric car owners to charge in an easier way. High penetration of electric vehicles has led to installation of charging stations. According to the research firm Allied Market Research, the Europe electric vehicle charger market is expected to reach $2.75 billion by 2023.
Another European market player Tesco Ireland collaborated with ESB for rolling out dual outlet electric vehicle (EV) chargers that can be installed at 52 of its car parking lots in 18 counties in Ireland. Under the partnership terms, ESB will provide, install, and operate the stations. This will begin in early 2020 and is expected to be completed by the Autumn. This move is expected to drive down carbon emissions of Ireland and complement the current ESB network of EV charging points across the nation. Kari Daniels, the CEO of Tesco Ireland, highlighted that the firm wants to support customers with its convenience-based charging with all the electricity generated from renewable sources. ESB will install two 22kW chargers for offering charging capabilities to two vehicles simultaneously. This capacity can provide nearly 145 kilometers of driving range in 60 minutes.
Daniels added that partnership with ESB will enable installation of these charging sites across the world and help the Government’s Climate Action Plan. Moreover, it supports the vision of the company to be a zero-carbon retailer by 2050. Tesco stated that 52 chargers will be installed by ESB across the country for helping customers find the closest charging point. Furthermore, it will enable customers to make transactions with the help of ESB app. The company has been installing electric vehicle charging network across the nation from 2010. Moreover, it plans to launch the high-powered charging hubs in 2020 with the help of Climate Action Fund of Irish Government.
For more information visit at: https://www.alliedmarketresearch.com/europe-electric-vehicle-chargers-market
