The growing number of EV sales, combined with new local and national government incentives (such as NEVI in the USA), are fueling the race to identify prime locations for EV charging stations. We are now witnessing an EV charging “land grab” frenzy unfolding before our eyes, which will determine who will be the industry leaders.
The growing adoption of electric vehicles (EVs) is creating a need for reliable and cost-effective charging solutions. While EVs are still considered as new innovation, it is a centuries’-old technology that offers the ideal charging solution. Flywheels – best known for powering steam engines in factories during the industrial revolution – are making a comeback.
With the emergence of new technologies making it viable and more sustainable to roll-out ultra-fast charging stations, there is no reason to believe that long-distance trips in EVs will be any more challenging than the same trip in a gas-powered car.
EV charging is a prime example of the classic supply and demand problem. As the production and adoption of EVs increases, there will be greater demand for electrical power.
ZOOZ Power is proud to announce the appointments of Mr. Eyal Blum and Mr. Kevin Pugh to its senior management team, to lead its global business growth: Mr. Blum is appointed as Chief Revenue Officer (CRO), and Mr. Pugh as Vice President of Sales for West Europe.
The EV market is facing a number of challenges. Most early EV buyers have private parking with a slow charging point and rely on overnight charging. However, as the number of EVs on the road increases, the need for public charging infrastructure will become more pressing.
