This wont help. Seems the market (even with copious amounts of...

This wont help.

Seems the market (even with copious amounts of Government intervention & spending), still cant make a viable business proposition.

The shakeout in the EV fast-charging industry continues apace, with another major charging equipment provider – the US-based Freewire – reportedly hitting the wall just weeks after the financial collapse of Australia-based Tritium.

News of Freewire’s problems came as the NRMA confirmed that it is removing the battery-backed EV-fast chargers provided by Freewire and installed just a few months ago. It will not be using the Freewire technology at any other sites on its national network.

Freewire had developed an innovative system that uses in-built battery storage to allow its charging equipment to operate at full capacity and not be constrained by local network limits, but this week it reportedly announced plans to close its headquarters and lay off all its employees.