FreeWire Expands Board of Directors and Appoints New Director of European Market Development and New VP of Advanced Technologies, to Strengthen Leading Position in Ultrafast Electric Vehicle Charging Market cadillacnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cadillacnews.com Daily Mail and Mail on Sunday newspapers.
BP Pulse aims to have UKâs biggest network of ultra-fast chargers
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CEO Matteo de Renzi outlines integrated energy strategy.
The transition of the UK’s vehicle parc to electric is throwing up significant challenges to all players in the UK transport industry, whether they are vehicle manufacturer, supplier or fleet decision-maker.
Among those most challenged are the oil companies, who face a steady decline in revenue unless they can adapt to meet the demands of the changing market.
This is complicated further by the arrival of newer, innovative companies such as Instavolt and Gridserve, who have been set up specifically to offer charging solutions to the new wave of electric vehicles (EVs) without any legacy business to potentially hold them back.
Shell will trial a battery-backed ultra-fast charging system at a Dutch filling station, with tentative plans to adopt the format more widely to ease the grid pressures likely to come with mass-market electric vehicle adoption.
By boosting the output of the chargers from the battery, the impact on the grid is dramatically reduced. That means avoiding expensive grid infrastructure upgrades. It also eases some of the pressure on local grid operators as they race to make net-zero carbon ambitions possible.
The system will be provided by fellow Dutch firm Alfen. The two 175-kilowatt chargers at the Zaltbommel site will draw on a 300-kilowatt/360-kilowatt-hour battery system. Shell portfolio companies Greenlots and NewMotion will provide the software management.
Let’s get right to it.
Oh wait, one item first. Tesla earnings happened, and as always a bunch of new promises and products and timelines were laid out, including a Knight Rider-inspired steering yoke in the “Plaid” Model X.
Image Credits: Tesla
This stalkless yoke steering wheel is suboptimal (yup I said it). And it’s already getting the attention of federal safety regulators.
Yes, you’ve seen these yokes in race cars. However, the steering ratio is vastly different between race cars and the vehicle sitting in your driveway.
I’m not the only who sees this as an awkward and potentially dangerous design choice.
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Funding led by energy private equity firm Riverstone Holdings accelerates FreeWire s international expansion of its battery-integrated ultrafast EV chargers.
FreeWire Technologies, a leader in electric vehicle (EV) charging and power solutions, has announced a $50 million Series C funding round today, led by Riverstone Holdings (Riverstone), with participation from current shareholders bp ventures, Energy Innovation Capital, TRIREC, and Alumni Ventures Group. The investment by Riverstone, a top energy private equity firm, marks the first private equity investment in FreeWire and highlights the importance of battery-integrated charging technology to meet the rapidly growing demand for EV charging solutions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210125005937/en/