What's Happening?
Electric vehicle (EV) charging companies are intensifying efforts to improve public charging experiences as EV adoption increases. At Newsweek's 'Powering Ahead' conference, representatives from major EV charging companies discussed strategies to enhance charging infrastructure. Andrew Cornelia, CEO of Mercedes-Benz High-Power Charging, emphasized the shift from moral to material considerations in climate change and business evolution. Jigar Shah, director of energy services at Electrify America, highlighted collaborations with utilities and the operation of fast chargers across the U.S. and Canada. Kyler Schmitz, chief revenue officer at Electric Era, announced plans to unveil a new product addressing energy storage management and charging power demand.
Why It's Important?
The expansion and improvement of EV charging infrastructure are critical to overcoming barriers to EV adoption, such as the lack of charging facilities. Enhanced infrastructure supports the growing number of EVs and ensures reliable access to charging, which is essential for consumer confidence and market growth. The efforts by charging companies to upgrade technology and collaborate with utilities reflect the industry's commitment to meeting increasing demand and supporting sustainable transportation solutions. These developments are pivotal in transitioning to a cleaner energy future and reducing reliance on fossil fuels.
What's Next?
Electric Era plans to unveil a new product on October 15, designed to address energy storage management and mitigate demand charges. This innovation aims to optimize infrastructure planning and ensure long-term viability. Electrify America continues to expand its network, opening state-of-the-art charging hubs and implementing redundant systems to improve uptime. As demand for EV charging grows, companies are focused on maintaining high reliability and performance standards, ensuring infrastructure can support future needs.