News

The EV charging management software platform market is projected to reach US$25,922.4m by 2031 from US$980m in 2021. 

Spanish electric vehicle charging company Zunder has raised €100m (US$97m) from French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, in a bid to accelerate its roll-out of ultra-fast EV charging stations across Southern Europe.

A new project funded by the California Energy Commission (CEC) is designed to demonstrate the value of bidirectional electric vehicle charging to support a vehicle-to-building (V2B) resilience hub. 

Ben Carroll, Minister for Industry Support and Recovery in the Victoria Government, Australia, has announced support for Jet Charge to expand operations at its national headquarters.  

Ideanomics has announced the successful testing of its Wave 500kW charger at the Port of Los Angeles. 

Hitachi Industrial Products is participating in a project to develop and demonstrate fast and high-power charging equipped with a fast-charging connector that conforms to the Japan-China next-generation charging standard CHAdeMO3.0 (ChaoJi2) specifications issued in 2021 by CHAdeMO Association. 

Gravity is releasing a new curbside charger as part of its intelligent group charging equipment portfolio. 

Renault’s Mobilize e-mobility services unit is to set up an ultrafast charging network across Europe which will be open to all electric vehicles. 

Leeds has been named the best city in the UK to charge an electric vehicle, according to new research from Select Car Leasing. 

With over 100 million vehicles on the streets of Brazil, the expectation of the EV market is very positive, with double-digit growth in the coming years. 

StoreDot, a specialist in extreme fast charging batteries for electric vehicles, has started shipping EV cell samples of its '100in5' battery technology to strategic EV OEM partners and potential customers. The company’s investors include Daimler, VinFast, Volvo, Polestar, and Ola Electric.

Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, has partnered with Wind Point Partners to support the acquisition of D&H United.

Duke Energy is launching electric transportation pilot programmes in Indiana for its residential and commercial customers, including businesses, schools and local governments. 

EV Mobility, an all-electric vehicle car-sharing platform and Proper Hotels, a Los Angeles-based luxury lifestyle hospitality brand, will roll out on-demand EVs across three Proper Hotels in Santa Monica, Downtown Los Angeles, and Austin, TX. 

The global low-speed electric vehicle market is expected to grow from US$4.59bn in 2021 to US$5.21bn in 2022 at a compound annual growth rate (CAGR) of 13.5%. By 2026, the market is expected to grow to US US$8.20bn in 2026 at a CAGR of 12.0%.