Advances in Electric Vehicle Charging

  One of the characteristics of a new market is that there are generally developments that occur fast and furious, compared with what happens in existing markets, where development tends to be characterized by, “Well, maybe we’ll paint one blue and call it new.” And another aspect of new market development is that the entrants aren’t necessarily the usual suspects.

 

One of the characteristics of a new market is that there are generally developments that occur fast and furious, compared with what happens in existing markets, where development tends to be characterized by, “Well, maybe we’ll paint one blue and call it new.”

And another aspect of new market development is that the entrants aren’t necessarily the usual suspects.

Last week two companies that may be familiar to people through venues other than automotive electric vehicles (not that they aren’t participants, they’re just not ones that are often cited) announced that they’re collaborating on the development of electric vehicle (EV) charging stations.

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SPX home charging unit

SPX Service Solutions, which may ring a bell if you’ve hung around service garages where SPX gear is typically found, and Aker Wade Power Technologies, which has long provided gear for recharging industrial forklifts, are going to develop DC fast charging stations that will be suitable for use for any EV.

The charge stations, which will initially be targeted for installation at dealerships, will have the capability of charging a 100-mile range EV with a 25kWh battery pack to full charge in 40 minutes. Fifty miles worth can be achieved in less than 20.

Two points: (1) EVs are going to call into play skill sets not necessarily common in automotive, but not necessarily wholly outside the realm; (2) it is too easy to underestimate what can be accomplished by companies you may not be aware of (“Aw, EVs are going to be limited because it takes too long to charge them.”).