EVWorldNews

Tag: Electric Vehicle charging

  • EV charging sees 228% rise in investment in 2022

    There is a new report about the zero emission vehicles which states that the there is an estimate about the cumulative investment in the charging of electric vehicles and its hardware. The estimate of cumulative investment states that the EV charging hardware and installation is going to reach $62 billion by the year end with the investment of $28.6 billion in 2022 and that is an increase of 228% from the previous year of the total investment. There is a major expense here which includes 600,000 chargers being built by the Chinese. The total investment all over the world is going to pass the market of $100 billion in the year 2023 if the pace that China has maintained is kept up. This is a milestone which is going to transition into the new phase of the EV charging lifestyle.

    Many signs are there of a transition being underway and the facts suggest that the factories are now scaling up and the increase in purchase commitments. There has been an influx of the investors on infrastructure and coordination all over the charging ecosystem with the automotive, utility and charging sectors all working together.

    The growth has happened through various stages. It began when the Nissan Leaf launched in the year 2010.

    The new scale of this industry was hit during the year 2019 when the public charging infrastructure. Tesla more or less has been a lone performer up to the point with the 12,000 superchargers all over the world and 120 kw max charging speeds.

    The peak adoption has become a great boost for the electric vehicle charging which is going to grow further in the years to come with the infrastructure development in the developing countries where the pollution levels are higher such as India where the adoption will grow the market considerably.  

  • Delta to become one stop shop for the electric vehicles.

    In India, Delta is an electric charging station which is a very popular place to charge their electric cars. This is a major global leader in power and a thermal management solutions, Delta has cumulatively delivered more than 6000 electric vehicle chargers for the customers in the country.

    The close cooperation between major stakeholders and Delta in the charging infrastructure sector like Bangalore Electricity Supply Company, Tata Power, Bharat Petroleum and the Energy Efficiency Services Ltd as well as the OEMs has made the breakthrough possible. The managing director, Niranjan Nayak, Delta Electronics India has said that the track record in integrating energy-saving solutions and variety of the Electric Vehicle Charging portfolio has made them a preferred Electric Vehicle charging solution partner in India.

    Globally, Delta has been delivering over 1 million Electric Vehicle chargers since the year 2009.

    Every region in the world has been coming up with the own standard of charging which include CHAdeMo, CCS followed by the other carmakers such as Tesla Supercharger but the discussions are going on a single charging standard for the entire world.

    While there had been initial discussions on the Bharat charging standard for the Indian people and Indian carmakers are following the CCS 2. The person said that the currently 80-85% electric vehicle chargers in India are the CCS2. The CCS2 are expected to become default charging standard in the country.

    Delta has been evolving from just the EV charger supplier to becoming a total solution partner. Nayak had said that Delta offers a complete solution in enabling the EV charging infrastructure from the site survey to the designing the specifications, aftersales and installation services.

    Also Read : Ramakrishna Forging grows in electric vehicle market (evworldnews.com)

    While there was a lot of hardware for the infrastructure charging is usually imported, Delta has enhanced its local Research and development and manufacturing capabilities with over 50% content of the product offering in country now manufactured locally.

  • Tata Power to install 1000 charging points for electric vehicles in India

    Electric vehicles in India will get a huge boost as Tata power is going to install 1000 electric vehicle charging points and around a lakh solar pumps across the Indian state of Odisha in the coming five years.

    Already, it has set up 50 points for electric vehicle charging while 97 points are additionally under many stages of installation or commissioning as per a release from the company.

    The announcement of setting up solar pumps was made during the Make in Odisha conclave in Bhubaneshwar. Tata power said that this was a part of its efforts in solarization of the agriculture sector in this state.

    Tata power has already installed more than 700 solar pumps in further addition to the 1200 dual pumps for the applications of community drinking all over the state. Considering the huge potential that the state has in harnessing renewable energy, Tata power has said that it is going to participate in the growth of clean energy and renewable growth in this state.

    In Rooftop solar space, this company is also considering the installation of close to 1000 MW of the rooftop solar panels in this state. It has already installed more than 25 MW all over the state. This helps in reducing enough emissions comparable to the planting of as many as 11.31 lakh trees.

    Also Read : https://twitter.com/evworldnews/status/1598856508057468929

    The rooftop solar offering has been availed by many industries which include the cashew processing units, steel production, oil mills, handlooms as well as manufacturing units.

    Read : Toyota electric vehicle strategy gets big boost with Innova Crysta testing – EV World News

    Further, the floating capacity is going to be close to 5,000 MW all over the different water reservoirs of the state and Tata Power is going to look to utilize the expertise that they have in setting such plants up.

    This is going to help in meeting the peak demands of people in the state and also help the electric vehicle development in the state.