Tag Archives: Tesla Model 3

Fastned’s First German EV Fast Charging Stations

By Roy L Hales

Germany is building out an EV fast charging infrastructure. Two months ago, the European Commission decided “Germany’s scheme to roll out a network of user-friendly infrastructure for charging electric vehicles across the country is in line with EU state aid rules.”  The government will invest €300 million (nearly $320 US) and two-thirds of this is designated to accelerate the development of a fast charging network. The buildout started long before any announcement of Government funding. 292 units were installed last year. Construction of the Dutch company Fastned’s first German EV fast charging stations is about to commence.

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$10 Billion PEV Market By 2020

By Roy L Hales

Michel Langezaal believes that electric cars could replace gas cars, as the vehicle of choice, within a decade. The tipping point will come after they have more range and are competitively priced. He said, “History shows us that once you hit 5% or 6%, if the product is better, then the breakthrough comes much quicker.” The latest LUX Research report is more conservative and predicts a $10 Billion PEV Market By 2020.

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