Industry News

SSE Australia and XCharge to Set up Over 1000 EV Fast Chargers in Australia

China based electric vehicle (EV) charging solution provider, XCharge plans to set up over 1000 DC fast chargers in partnership with Southern Sustainable Electric Australia (SSE Australia)

Australia:  The Chinese start-up, XCharge, with its regional sales partner SSE Australia is planning to set up a network of at least 1,000 DC fast chargers in Australia. With the assistance of the local partners, the deployed network will also include liquid-cooled 350 kW HPC charging stations.

In addition to that, XCharge will also introduce load management with cloud-based SaaS platform so as to optimize the vehicle turnover and for the proper diagnosis and management of the remote stations. Plug & Charge technology offered by the company is expected to cut the authentication and payment time for the e-Taxi and e-Bus fleets.

Co-founder of XCharge stated that, “The company sees huge growth potential in EV charging infrastructure in Australia on its way to the powertrain electrification. Prepared with experiences in both China and Europe, it is the right timing for the company to bring solutions in Australia with their local partners.”

CEO of SSE Australia said that, “After the collaboration with XCharge, the company will integrate its green power business with EV charging. Right now, the company is working with the key players in the Australian market and delivering the first orders, and will make sure to supply the top-quality XCharge products with the shortest lead-time as well as developing our own charging stations in Australia.”

According to TechSci Research, the electric mobility in Australia is at a nascent stage; deployment of electric vehicle chargers in various locations of Australia will lay the EV infrastructure and promote the adoption of EVs in the country as there are not many stations for charging electric cars to run long distance. Moreover, increasing consumer inclination towards electric vehicles amid surging pollution levels and stringent vehicle emission standards are promoting the growth of the electric vehicles, consequently, driving the electric vehicle infrastructure market.

 According to a related report published by TechSci Research, Global Electric Vehicle Infrastructure Market By Type (AC Charger & DC Charger), By Installed Location (Commercial & Residential), By Region (North America, Europe & Asia-Pacific), Competition Forecast and Opportunities, 2011 - 2021”, the global market for electric vehicle infrastructure is forecast to grow at a CAGR of over 27% during 2016-2021, on account of favorable government policies that promote adoption of electric vehicles and growing concerns over harmful effects of rising air pollution levels. Additionally, grid integration of electric vehicles is projected to offer huge impetus to global electric vehicle infrastructure market in the coming years. Evolution of smart grid technologies and the concept of virtual power plants is forecast to further boost the global market for electric vehicles and its related charging infrastructure in the coming years.

According to another TechSci Research report, Global Electric Vehicle Connector Market By Type (Type 1, Type 2 (CCS, Chademo and Others) and Type 3), By Charging Level (Level 1, Level 2, Level 3 and Level 4), By Charging Speed (Slow, Fast and Rapid), By Voltage (AC and DC), By End User (Residential Charging and Commercial Charging), By Region, By Company, Competition, Forecast & Opportunities, 2024”, the global electric vehicle connector market is forecast to reach $100 million by 2024, exhibiting an impressive CAGR of over 19% during the forecast period, on account of increasing sales of electric vehicles due to rising environmental pollution concerns. Several governments across the globe are encouraging the adoption of electric vehicles with favorable policies and regulations, which in turn would boost electric vehicle infrastructure and electric vehicle connector market. A connector, which acts as an electric vehicle (EV) coupler, is responsible for establishing the connection between the charging point of the station to the battery of the EV. The main purpose of the connector is to transfer the power. Connectors are designed based on specifications to synchronize with the features of the battery.

Relevant Reports

Relevant News

All Rights Reserved © TechSci Research