RFT 0.00% 1.2¢ rectifier technologies ltd

Just doing some reading on this market - sounds like some...

  1. 785 Posts.
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    Just doing some reading on this market - sounds like some incredible growth ahead for this market

    http://www.prnewswire.com/news-rele...icle-industry-research-reports-285304451.html

    "The US Electric Vehicle (EV) level 2 charging stations market will surge from $67 million in 2013 to approximately $947 million by 2020, catalyzed by President Obama's target of one million EVs on US roads by 2015. This research states that the global market for EV level 2 charging stations will grow exponentially from an estimated $0.2 billion in 2014 to $3.5 billion by 2020.The US is currently the world's leading market, having claimed more than a 30% share of the total annual installations in 2013. The US government is providing a number of incentives to encourage EV charging station installations, with finance delivered under the American Recovery and Reinvestment Act (ARRA)"

    RFT with an award winning rectifier (VIC govt 2014 award for sustainability and R&D) and a good industry reputation may be well placed to provide a crucial input to the charger in what is an emerging and fast growing market.
    Last edited by imran khan: 28/02/15
 
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