Stock Market News

High-speed charging from Volkswagen

2022.12.13 07:51

[ad_1]




High-speed charging from Volkswagen

Budrigannews.com – Enel of Italy and Volkswagen (BIT:) Volkswagen (ETR:) and a joint venture to construct 3,000 high-speed charging stations for electric vehicles (EVs) throughout Italy have invested 100 million euros (105.38 million dollars). on Tuesday, said.

The charging focuses will be open to drivers of vehicles made by all makers at 500 areas toward the finish of 2023, and will have a limit of up to 350 kW.

Toward the finish of 2022, the carmaker and its accomplices will have introduced 4,300 of an arranged 18,000 quick charging focuses in Europe, 3,700 of an arranged 10,000 in the US and 8,000 of an arranged 17,000 in China.

That amounts to 16,000 fast-charging stations worldwide, or approximately one third of its target of 45,000 by 2025.

More Analysts recommend Oracle shares after good report

Volkswagen collaborates with BP in Europe (NYSE:) Iberdrola, based in Spain (OTC:) together with rival car manufacturers BMW, Mercedes-Benz, Ford, and Hyundai, and is a shareholder in the fast-charging venture Ionity.

Europe’s largest automaker hopes to persuade drivers who are concerned about battery ranges that they can permanently abandon fossil fuel vehicles by ensuring that there are sufficient charging stations for electric vehicles and sufficient power for them.

According to a McKinsey study for the European Automobile Manufacturers Association, Europe will need at least 3.4 million charging stations by 2030, up from an estimated 375,000 at the end of 2021.

According to the study, renewable electricity must also be distributed throughout the charging grid at convenient times, at a cost of approximately 240 billion euros.

On the press conference that took place on Tuesday, Volkswagen board member Thomas Schmall stated, “The main challenge is making the energy available when it is needed.” Storage of energy will be crucial.”

Schmall added that by the middle of next year, Volkswagen will also introduce bidirectional charging, which allows vehicles to send energy from their batteries back into the grid.

High-speed charging from Volkswagen

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 82,113.00 2.30%
ethereum
Ethereum (ETH) $ 1,912.68 1.44%
tether
Tether (USDT) $ 0.999974 0.02%
xrp
XRP (XRP) $ 2.26 3.38%
bnb
BNB (BNB) $ 628.76 0.31%
solana
Solana (SOL) $ 124.65 3.47%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.693408 3.61%
dogecoin
Dogecoin (DOGE) $ 0.166448 4.60%
tron
TRON (TRX) $ 0.235824 7.29%
staked-ether
Lido Staked Ether (STETH) $ 1,911.06 1.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,949.96 2.25%
leo-token
LEO Token (LEO) $ 9.74 0.56%
the-open-network
Toncoin (TON) $ 3.58 3.10%
chainlink
Chainlink (LINK) $ 13.63 3.63%
usds
USDS (USDS) $ 1.00 0.00%
stellar
Stellar (XLM) $ 0.269541 1.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,287.86 1.54%
hedera-hashgraph
Hedera (HBAR) $ 0.185315 3.13%
pi-network
Pi Network (PI) $ 1.13 15.47%
avalanche-2
Avalanche (AVAX) $ 18.55 1.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 4.61%
sui
Sui (SUI) $ 2.27 3.99%
mantra-dao
MANTRA (OM) $ 6.93 0.70%
polkadot
Polkadot (DOT) $ 4.42 0.06%
litecoin
Litecoin (LTC) $ 88.49 4.82%
bitcoin-cash
Bitcoin Cash (BCH) $ 334.37 1.16%
bitget-token
Bitget Token (BGB) $ 4.62 3.96%
ethena-usde
Ethena USDe (USDE) $ 0.999619 0.06%
weth
WETH (WETH) $ 1,912.26 1.42%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.10%
hyperliquid
Hyperliquid (HYPE) $ 13.88 3.08%
whitebit
WhiteBIT Coin (WBT) $ 28.13 1.32%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,030.94 1.41%
monero
Monero (XMR) $ 207.27 1.93%
uniswap
Uniswap (UNI) $ 6.30 0.62%
susds
sUSDS (SUSDS) $ 1.04 0.10%
dai
Dai (DAI) $ 0.999847 0.01%
aptos
Aptos (APT) $ 5.29 1.65%
okb
OKB (OKB) $ 50.70 0.98%
near
NEAR Protocol (NEAR) $ 2.53 4.72%
pepe
Pepe (PEPE) $ 0.000007 6.99%
internet-computer
Internet Computer (ICP) $ 5.75 4.14%
mantle
Mantle (MNT) $ 0.806831 1.44%
gatechain-token
Gate (GT) $ 21.80 0.86%
ethereum-classic
Ethereum Classic (ETC) $ 17.45 2.98%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.95 1.98%
ondo-finance
Ondo (ONDO) $ 0.822338 5.31%
aave
Aave (AAVE) $ 169.03 3.65%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,095.00 2.40%