Stock Market News

High-speed charging from Volkswagen

2022.12.13 07:51




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) $ 63,564.03 0.00%
ethereum
Ethereum (ETH) $ 2,647.82 0.05%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 602.99 2.00%
solana
Solana (SOL) $ 147.18 1.14%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.587065 0.36%
staked-ether
Lido Staked Ether (STETH) $ 2,646.29 0.05%
dogecoin
Dogecoin (DOGE) $ 0.108286 1.04%
the-open-network
Toncoin (TON) $ 5.59 1.32%
tron
TRON (TRX) $ 0.152231 0.02%
cardano
Cardano (ADA) $ 0.368773 4.28%
avalanche-2
Avalanche (AVAX) $ 27.41 0.87%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,111.57 0.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 63,326.97 0.02%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 0.31%
weth
WETH (WETH) $ 2,647.24 0.04%
chainlink
Chainlink (LINK) $ 11.48 1.51%
bitcoin-cash
Bitcoin Cash (BCH) $ 341.21 0.06%
polkadot
Polkadot (DOT) $ 4.53 3.93%
near
NEAR Protocol (NEAR) $ 5.24 8.08%
dai
Dai (DAI) $ 1.00 0.02%
uniswap
Uniswap (UNI) $ 6.96 3.69%
leo-token
LEO Token (LEO) $ 5.56 4.60%
litecoin
Litecoin (LTC) $ 66.72 1.50%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,770.52 0.14%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.68 0.12%
internet-computer
Internet Computer (ICP) $ 8.89 4.69%
sui
Sui (SUI) $ 1.53 1.96%
kaspa
Kaspa (KAS) $ 0.1636 1.35%
bittensor
Bittensor (TAO) $ 548.18 2.38%
aptos
Aptos (APT) $ 7.85 0.63%
pepe
Pepe (PEPE) $ 0.000008 0.03%
monero
Monero (XMR) $ 168.09 3.92%
first-digital-usd
First Digital USD (FDUSD) $ 0.99954 0.32%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.406618 1.16%
stellar
Stellar (XLM) $ 0.096377 0.42%
ethereum-classic
Ethereum Classic (ETC) $ 19.10 0.01%
blockstack
Stacks (STX) $ 1.90 6.66%
immutable-x
Immutable (IMX) $ 1.75 3.29%
ethena-usde
Ethena USDe (USDE) $ 0.999402 0.03%
aave
Aave (AAVE) $ 169.41 0.36%
render-token
Render (RENDER) $ 6.16 1.37%
okb
OKB (OKB) $ 39.76 1.54%
crypto-com-chain
Cronos (CRO) $ 0.085179 0.14%
injective-protocol
Injective (INJ) $ 22.68 2.26%
filecoin
Filecoin (FIL) $ 3.78 1.20%
hedera-hashgraph
Hedera (HBAR) $ 0.057895 4.92%
arbitrum
Arbitrum (ARB) $ 0.598474 1.53%
mantle
Mantle (MNT) $ 0.626864 0.13%