Industry
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5 mins

Weekly Radar (June 19 - June 25)

Posted on
June 21, 2023

Each week, our team curates a selection of news articles, expert insights, and innovations related to electric vehicles, charging infrastructure, and the broader clean energy landscape. Whether you're an EV enthusiast, an industry professional, or simply curious about the future of transportation, our Weekly Radar will provide you with a comprehensive overview of the most relevant and engaging topics. Stay connected, stay informed, and join us on this electrifying journey towards a greener future.

  • SK Signet to launch EV chargers with Tesla NACS charging standard this year - Autoblog --> SK Signet said on June 15 it will introduce electric-vehicle chargers compatible with Tesla's technology this year, following recent moves by major automakers Ford and GM to adopt Tesla's North American Charging Standard (NACS).Electric vehicle charging companies are cautiously embracing Tesla's charging design, as they are in danger of losing out on customers if they offer only the Combined Charging System (CCS) backed by automakers like Volkswagen and Hyundai Motor.SK Signet, which counts charging station operators Electrify America, EVgo, and others as its customers, said it has started developing its ultra-fast chargers that can charge EVs using NACS and CCS simultaneously.
  • Hyundai opens EV charging infrastructure quality certification center (ajudaily.com) --> In a bid to boost the overall quality of South Korea's electric vehicle charging infrastructure and related services, Hyundai motor group partnered with the Korea Testing Certification Institute, a private certification agency, to open a certification center for EV charging infrastructure. As of January 2023, there were 205,205 EV charges across South Korea with some 390,000 registered EVs. Currently, more than 90 percent of installed chargers are slow chargers that take about eight hours to fully charge an ordinary EV. The chargers are made by some dozen different makers and have different charging rates, durability, and communication methods.
  • EVCS Receives California Energy Agency Grant - Los Angeles Business Journal (labusinessjournal.com) --> EVCS, an Arcadia-based electric vehicle fast-charging network, is using a new grant to establish charging stations in rural, low-income and disadvantaged communities in California.The $1.9 million grant was provided by the California Energy Commission’s Rural Electric Vehicle Charging program. With the grant, the company will install 30 DC fast chargers and eight level-two chargers. An EVCS spokesperson said that grant funding is done by project and will be disbursed once it reaches certain milestones and requirements in the contract. To get paid, EVCS will have to meet expectations laid out in the contract, such as a minimum 50% of total project costs being applied in “disadvantaged or low-income” communities.
  • The EV Charging Challenge: U.S. Needs A Million More Stations By 2030 | OilPrice.com --> The growth in EV demand is outpacing the infrastructure needed to charge them, with experts predicting the need for more than a million new public EV charging stations in the U.S. by 2030 to accommodate the demand.Both cobalt and silicon, which are crucial for renewable energy sources like EV batteries, are in oversupply, causing bearish pressure on their prices; increased output from the Democratic Republic of the Congo and China is a key reason behind this.
  • How Tesla Accidentally Made A Profitable Charging Business | Time --> Tesla’s dominance not just in the electric vehicle market but also for anything and everything EV-related seems to be growing yet again. Last week, GM announced that users of its EVs would, by next year, be able to utilize Tesla chargers. Ford had made a similar announcement just a few weeks prior.
Melis Colak
Guest Author

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