Finnish energy conglomerate Fortum has agreed to sell the majority of its public charging network operator Fortum Recharge to Infracapital, a subsidiary of investment manager M&G. Fortum Recharge owns approximately 1,300 public chargers, mostly DC fast chargers, and operates an additional 1,400 charging points in Norway, Finland and Sweden. After the transaction Fortum’s ownership in… Continue reading Fortum sells majority share of Nordic EV charging operator to Infracapital
Author: Charged EVs Online News
FreeWire Technologies raises $25 million in new financing
FreeWire Technologies, a provider of “power solutions for the grid edge,” has closed a $25-million Series B and venture debt financing round, which was led by existing investor BP Ventures, together with new investors ABB Technology Ventures and Energy Innovation Capital. The financing will support the commercialization of FreeWire’s fast charging technologies. The company’s solutions… Continue reading FreeWire Technologies raises $25 million in new financing
German bakery builds EV charging park with 114 chargers, solar power and battery storage
Who knew that bakers would be major drivers of the electromobility revolution? Mexican bakery giant Bimbo is building its own electric delivery vans, and now we learn that German organic baker Roland Schüren is building what’s billed as Europe’s largest electric car charging park. The bakery’s charging facility is located at the busy Kreuz Hilden… Continue reading German bakery builds EV charging park with 114 chargers, solar power and battery storage
SparkCharge raises $3.3 million to scale production of its portable, modular charger
SparkCharge, which was profiled in the July/August 2019 issue of Charged, has developed a portable, modular charger that’s designed to provide anytime/anyplace charging on demand. Now the company has announced the closing of $3.3 million in seed round financing led by Point Judith Capital (PJC) with participation from Revolution’s Rise of the Rest Seed Fund,… Continue reading SparkCharge raises $3.3 million to scale production of its portable, modular charger
ABB installs 1,600 AC chargers at Chinese housing development
The scale of things in China tends to blow Western minds. Swiss electronics giant ABB recently supplied 1,600 AC charging stations to a single housing development near Qingdao, in Shandong province. ABB says this is its largest AC charger order to date. ABB’s EVinn AC charger includes capabilities such as digital billing, remote monitoring and… Continue reading ABB installs 1,600 AC chargers at Chinese housing development
Electrify America offers DC fast charging plan for Kia Niro EV drivers
Electrify America and Kia Motors America have teamed up to offer a new charging program with special pricing for drivers of the Kia Niro EV. The Kia Select program offers a flat rate of 35 cents per minute of charging, with no session or subscription fees. To participate, drivers can simply download the Electrify America… Continue reading Electrify America offers DC fast charging plan for Kia Niro EV drivers
New BYD sub-brand will produce components for clean energy vehicles
Chinese EV-maker BYD has launched a new sub-brand called FinDreams, which will produce core components for clean energy vehicles. FinDreams has five subsidiaries, which will specialize in different fields of auto manufacturing, including batteries and powertrains. Industry experts say BYD’s move is part of its global expansion strategy. “For the overseas market, the independent system… Continue reading New BYD sub-brand will produce components for clean energy vehicles
Blink deploys charging stations using local load management
Blink Charging has announced the installation of four EV charging stations utilizing local load management, which the company says is the first deployment of its kind. The configuration allows up to 20 charging stations to be deployed on a single circuit. The design provides equal output to each charger based on the number of stations… Continue reading Blink deploys charging stations using local load management
Porsche opens 7 MW rapid charging park in Germany
Porsche Leipzig is expanding the charging infrastructure for EVs in central Germany with its new Porsche Turbo Charging park. Porsche claims that the 7 MW facility, which is supplied entirely by renewable energy sources, is Europe’s most powerful rapid charging park. The facility includes four 22 kW AC charging points, twelve publicly-available CCS2 350 kW… Continue reading Porsche opens 7 MW rapid charging park in Germany
SAE publishes recommended practices for automated EV charging systems
As the EV market expands, there’s a pressing need for more standardization of DC power distribution, especially for buses and heavy-duty vehicles. SAE International’s new standard SAE J-3105: Electric Vehicle Power Transfer System Using Conductive Automated Connection Devices Recommended Practice promotes the safe testing and performance of mechanized conductive power transfer systems, primarily for vehicles… Continue reading SAE publishes recommended practices for automated EV charging systems