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Aker Wade and SPX Sign Letter of Intent
SPX and Aker Wade Collaborate to Fast Charge Electric Vehicles
Advanced Charger Technology Development Addresses EV Range Anxiety for Global Markets
Aker Wade and SPX Sign Letter of Intent
SPX and Aker Wade Collaborate to Fast Charge Electric Vehicles
Advanced Charger Technology Development Addresses EV Range Anxiety for Global Markets
WARREN, MI and CHARLOTTESVILLE, VA, February 3, 2012 – SPX Service Solutions, a business unit of SPX Corporation (NYSE: SPW), and Aker Wade Power Technologies, LLC, announced today the signing of a letter of intent to jointly develop a family of practical EV fast chargers for the global vehicle market.
These new charge stations will utilize an all-in-one connector from SAE that provides Level 1, 2, and DC Fast Charging for any EV, with a power level that permits fast charging. A typical 100-mile range EV with a 25kWhr battery pack can add an additional 50 miles in less than 20 minutes, and deliver a full charge of 100 miles in approximately 40 minutes. The first product, a 30kW dealership-based unit, will be available in North America and Europe and meet SAE and IEC standards.
“DC fast charge infrastructure will reduce range anxiety, which will encourage the more widespread adoption of EVs,” said Tanvir Arfi, president of SPX Service Solutions. “With SPX’s global presence and Aker Wade’s expertise in fast charging, we can offer a solution that will allow dealer networks to play an active role in EV sales and customer service.”
“Aker Wade and SPX have been actively contributing to the development of a common global standard for DC fast charging,” said Duncan Brown, chief executive officer of Aker Wade. “Implementing this standard will allow dealers to invest in DC fast charging infrastructure with confidence.”
The new charge station is designed to be a low-cost, wall-mounted indoor unit aimed initially at vehicle dealerships.
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