Cheaper Charging Hardware by Ryan Fisher #BloombergNEF: "The price of 300 to 400 kilowatt chargers averaged $58,100 in 2024, according to BloombergNEF’s latest survey. That’s $163 per kW of power, a 26% drop from when the survey was last completed 2 years ago" #alwaysbecharging
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"Alpitronic are estimated to have shipped around 25,000 chargers in 2024, CEO Philip Senoner told BNEF that revenue exceeded €1 billion for the year. That would make them one of the biggest charging manufacturers in the world — impressive for the Bolzano-based firm that started in 2009."
"#Tesla is one of the biggest fast-charger manufacturers & has installed over 65,000 Supercharger stalls in its network. Power-electronics giants ABB and Siemens also are in the market, but have been outshone by smaller firms such as Finland’s Kempower and Italy’s Alpitronic."
"The minimum cost of chargers in Europe and the US was 30% below the average price, and in China, chargers were as much as 63% cheaper. Manufacturers can expect a sustained period of competition and a race to solve reliability issues that have dogged EV charging networks and
and left consumers confused as to how long a charge will really take."
"EV drivers are used to seeing Alpitronic chargers across Europe at major networks like #EnBW, #Fastned and E.On. The company has also made inroads in the US, with Ionna and Mercedes charging. This will be an increasingly important market, and manufacturers will be
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keenly watching any attempts by the Trump administration to change the $7.5B federal charger grant."
"Kempower was a poster child for success in 2023, as its sales and share price rocketed. It’s hit a rough patch, however, as competition has done a number on its sales and pressured prices across the industry. Kempower’s revenues probably slumped around 30% last year to roughly €200 million."
The company’s share price has plunged 80% from its peak." #alwaysbecharging
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"Asian suppliers are a threat. BNEF’s survey found Chinese companies are selling chargers at dramatic discounts to the average global price, & many are looking to expand in the US and Europe. This includes Phihong subsidiary Zerova, Autel and StarCharge, all of which have set up US manufacturing"
"A @kempower.bsky.social whitepaper suggested 25% of sessions fail on average, this number may be around 15% even for the best operators. EV charging software provider #Monta's CEO Casper Rasmussen highlighted error rates between 9% and 14% for the top AC & DC charger manufacturers it works with."
"The industry is evolving fast, and its many stakeholders are coming together to solve issues. Charging operator #EVgo said its “one and done” charger success rate had risen to 95% in its presentation of third quarter results."
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"In addition to improving reliability, efficiency is important for the next generation of chargers. Electricity costs can far exceed hardware costs in the lifetime of a fast-charging hub." #alwaysbecharging
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