The growing number of EV sales, combined with new local and national government incentives (such as NEVI in the USA), are fueling the race to identify prime locations for EV charging stations. We are now witnessing an EV charging “land grab” frenzy unfolding before our eyes, which will determine who will be the industry leaders.
The growing adoption of electric vehicles (EVs) is creating a need for reliable and cost-effective charging solutions. While EVs are still considered as new innovation, it is a centuries’-old technology that offers the ideal charging solution. Flywheels – best known for powering steam engines in factories during the industrial revolution – are making a comeback.
With the emergence of new technologies making it viable and more sustainable to roll-out ultra-fast charging stations, there is no reason to believe that long-distance trips in EVs will be any more challenging than the same trip in a gas-powered car.
EV charging is a prime example of the classic supply and demand problem. As the production and adoption of EVs increases, there will be greater demand for electrical power.
The EV market is facing a number of challenges. Most early EV buyers have private parking with a slow charging point and rely on overnight charging. However, as the number of EVs on the road increases, the need for public charging infrastructure will become more pressing.
Grid resilience and stability is being discussed more frequently as demand for energy increases and new technologies are introduced that require greater grid capacity and power. One of those technologies that will continue to add pressure to electric grids around the world is electric vehicles (EVs), and the rollout of EV charging infrastructure.
Using a kinetic power booster would allow operators to easily offer multiple cars to charge quickly all at once, providing them with increased revenue while providing a valuable service to customers.
