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For a simple reason, the charging speed of electric vehicles (EVs) is becoming a significant competitive advantage in this rapidly expanding market: Currently, charging an EV’s battery takes a lot longer than filling a gas tank to travel the same distance.
Take a standard electric vehicle with a battery capacity. Using a cable connected to a standard UK 240V, 13A outlet, this battery can be charged in less time. A daily driver, let alone a long-distance traveler, cannot afford this.
In practice, the majority of EV owners use dedicated chargers, which are frequently wired into home ring mains with higher current.The standard EV can be charged in less than half a day with this charger.
The market for electric vehicles (EVs) has grown significantly in recent years as a result of the global drive to decrease emissions, underscoring the necessity of a strong electric charging infrastructure as a crucial element for the long-term profitability of EVs and consumer convenience.
The ability of the systems to safely perform fast charging, in addition to a rise in the number of charging stations, is crucial for widespread adoption. From standard to ultra-fast charging, there are several power levels available, from 110V for home use to 800V and greater for commercial use.
Infrastructure and technology for electric car charging stations will be developed and widely used as a result of lower production costs and increased equipment dependability and longevity.
The Honduras EV Charger Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
The most recent EV policy adopted by the Thai government aims to make all vehicles manufactured in Thailand electric. The country’s commitment to environmental protection is demonstrated by the policy, which also proved to be a welcome boost for the local EV industry.
Indeed, electric vehicles are anticipated to eventually completely replace internal combustion engine (ICE) vehicles, assisting in the reduction of carbon emissions and the presence of pollutants in the form of particulate matter.
As a result, it is anticipated that EV charging technology will be able to support a wider range of charging infrastructure and serve as a node between the grid and the Internet of Vehicles (IoV).
The development of vehicle-to-grid and vehicle-to-home capabilities is also made possible by this technology.
ABB is introducing a cutting-edge, all-in-one electric vehicle (EV) charger that offers the fastest charging speed available. The brand-new Terra 360 modular charger from ABB has a dynamic power distribution system and can charge up to four vehicles at once. As a result, drivers won’t have to wait if someone else is already moving forward.
They simply approach a different plug. The new charger can fully charge any electric vehicle in 15 minutes or less and has a maximum power of 360 kW, so it can satisfy the needs of a wide range of EV owners, whether they require a quick charge or to top off their battery while doing their grocery shopping.
With governments all over the world writing public policy that favors electric vehicles and charging networks to combat climate change, the demand for EV charging infrastructure, especially charging stations that are quick, convenient, and simple to use, is higher than ever.
“It’s an exciting day for ABB, who as the global leader in electric vehicle fast charging, is playing a key role in enabling a low carbon society.” “The Terra 360 is the key to meeting that demand and boosting e-mobility adoption internationally,” according to the statement.
