BMW, Daimler, Ford, Volkswagen, Audi and Porsche have signed a ‘memorandum of understanding’ in a joint venture to create the highest-powered charging network in Europe.
The scheme is expected to begin in 2017 with 400 European sites, with the eventual goal of enabling long-distance travel by EVs along the continent’s motorways.
The vehicle manufacturers expect the development of the ultra-fast charging system to encourage mass-market adoption of EVs.
The network will run on direct current, and will use combined charging system (CCS) standard technology to enable fast-charging with power levels of up to 350 kilowatts.
By 2020, the group expects there to be thousands of high-powered charging points, and aims to make charging more convenient and less time-consuming.
Harald Krüger, chairman of the board of management of BMW AG, said: “This high-power charging network provides motorists with another strong argument to move towards electric mobility.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“The joint project is another major milestone clearly demonstrating that competitors are combining forces to ramp-up e-mobility.”