RFT 25.0% 0.6¢ rectifier technologies ltd

All good jklotto.A good read here for any newbies or fence...

  1. 4,906 Posts.
    lightbulb Created with Sketch. 343
    All good jklotto.

    A good read here for any newbies or fence sitters trying to grasp the workings of this Booming EV Charging sector / HPC's in which RFT are pioneers.......
    Tritium / RFT are smashing it................

    ""That’s good news for manufacturers such as Tritium, which added a production line in California and a discreet facility in Amsterdam for automakers to test future electric models, Chief Technology Officer James Kennedy said.

    “We are having to use air freight as customers just don’t want to wait six-to-eight weeks,’’ Kennedy said while inspecting completed high-speed units on the Brisbane assembly line. “They need them as fast as possible.’’"

    Hyperdrive

    Fastest Electric Car Chargers Are Waiting for Batteries to Catch Up

    4 April 2019, 07:00 GMT+10
    • VW, Tesla, Ford roll out EV pumps that give speedier recharges
    • $50 billion in spending on charging equipment needed by 2030
    The Tritium manufacturing plant in Brisbane.
    The Tritium manufacturing plant in Brisbane.Photographer: Ian Waldie/Bloomberg

    The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes.



    Automakers and energy companies are spearheading the global rollout of these ultra-fast charging pumps to lure consumers away from gas guzzlers and toward vehicles powered by electricity. Thousands of souped-up stations are being installed along highways from Shanghai to Germany and California, with the capacity to charge enough for 20 miles (32 kilometers) of driving range in one minute.



    Electric vehicles will comprise more than half of all new car sales in 2040, according to BloombergNEF, as prices come down, while battery life and driving ranges get longer. To meet the power demand, about $50 billion of investment in charging equipment is needed through 2030, according toMcKinsey & Co.



    Volkswagen AG,Tesla Inc.andFord Motor Co.are among the automakers spending on high-speed chargers with eyes toward that future. Current power packs aren’t compatible with the fastest chargers, and the first EVs able to fully utilize the new pumps won’t debut until later this year.



    Still, car companies are nudging battery makers to catch up to help allay nagging consumer concerns that EVs can’t take uninterrupted lengthy trips and that motorists face long, inconvenient waits to recharge on the go.

    “It’s about impacting that buying decision in the dealership,’’ said David Finn, chief executive officer ofTritium Pty, an Australian supplier of high-power chargers to more than 25 countries. “The main reason you own a car is for the freedom to do whatever you want, whenever you feel like it. That will always be playing on your mind if you have a slow charger.’’

    The push is seeding unheralded companies in atypical manufacturing hubs, including Tritium in Brisbane andInnogy SE’s BTCPower, which has plants in California and the Philippines. It’s also enticing traditional energy and engineering companies such as Zurich’sABB Ltd.and Portugal’sEfacec Power Solutions.

    Africa's Richest Woman Isabel Dos Santos Attends Inauguration Of Efacec's New Electric Mobility Industrial Unit

    Esarj recharging units at the Efacec Power Solutions SA electric mobility industrial unit in Maia, Portugal.

    Photographer: Daniel Rodgrigues/Bloomberg

    A typical, slow-speed public EV charger offers about 20 miles of driving distance per hour at the plug. The next level up, called a fast charger, can add about 75 miles in 30 minutes, according to Los Angeles-based station operatorEVgo Services LLC.

    The ultra-fast chargers blow those away.

    Tritium, formed in 2001 by members of a solar-car racing team, makes pumps that add more than 215 miles of range in 10 minutes. Customers includeIonity GmbH-- a consortium of carmakers, including Volkswagen and Ford, that’s partnering with energy giants such asRoyal Dutch Shell PlcandKuwait Petroleum International.

    EV charging rates

    Ionity is building about 400 stations -- with as many as six ultra-fast chargers each –- on European highways to compete with networks backed byRenault SAandNissan Motor Co.ABB, with chargers deployed in 70 countries, is also supplying high-speed pumps. It’s “a real breakthrough in terms of convenience,’’ CEO Ulrich Spiesshofer told the CERAWeek conference in Houston in March. “We barbecued a couple of cars until we got there.’’

    Electrify America, a Volkswagen unit created under a settlement in the automaker’s emissions scandal, is spending $2 billion on refueling stations in the U.S. over a decade, installing its first ultra-fast charger in Chicopee, Massachusetts, last May.

    “The charging capacities of electric vehicles have doubled in the space of a few years,’’ Wolfsburg, Germany-based Volkswagen said in an email. “We expect that fast-charging in public spaces will become the norm.’’

    Tesla Inc. Supercharging Stations As Musk Mulls Privatisation Plans

    Tesla Inc. Supercharger stations stand illuminated at night in Rubigen, Switzerland.

    Photographer: Stefan Wermuth/Bloomberg

    Tesla, which has more than 12,000 chargers globally, is boosting the speed of its own refueling units to cut time at the pump by as much as half. The upgrade promises to add as much as 75 miles of charge in five minutes -- still lagging the ultra-fast models.

    The speed at which current EVs can recharge is limited by such factors as the size of their battery, the voltage the pack can accept and the charger’s current.

    While it may be years before battery packs able to handle the power surge from ultra-fast chargers go mainstream, some new EVs -- includingHyundai Motor Co.’s Kona Electric andJaguar Land Rover Automotive Plc’s I-Pace -- already can recharge faster than previous generations.

    Porsche AG Celebrates 70th Anniversary

    A Porsche AG Taycan electric automobile.

    Photographer: Alex Kraus/Bloomberg

    Volkswagen’s Porsche brand will introduce its electric Taycan sports car later this year. It’s the first vehicle capable of taking full advantage of the fastest chargers, with a larger battery and the ability to operate at a higher voltage.

    “The cars are coming,” said Marty Andrews, CEO of Chargefox Pty, which installed ABB’s fastest units at some Australia charging stations. “The carmakers want ultra-rapid chargers because they want this to be future-proof. This is not a six-month plan, it’s a 10-year plan.”

    Battery makers are starting to follow that lead. China’s Contemporary Amperex Technology Co. Ltd. -- better known as CATL -- is working to improve charging speeds, according to its website.

    South Korea’sLG Chem Ltd., a supplier to Volkswagen, last year invested in Enevate Corp., a University of California spinoff that’s developing cells capable of ultra-fast refueling.

    Ev charging pie

    With annual EV sales reaching 2 million last year, more emphasis is being put on building a widely available public charging infrastructure, including the faster pumps. Customer experience for EV drivers is “inextricably linked to how refueling is experienced,” BNEF analyst Salim Morsy said in a September report.

    By the end of 2018, there were more than 630,000 public charging points installed globally, the bulk of which were in China, according to BNEF. By 2030, there may be demand for more than 20 million public EV charging pumps, theInternational Energy Agencyforecasts.

    The Fastest Electric-Car Chargers Are Waiting for the Wheels to Catch Up

    A Tritium EV charging point at the company’s plant in Brisbane.

    Photographer: Ian Waldie/Bloomberg

    That’s good news for manufacturers such as Tritium, which added a production line in California and a discreet facility in Amsterdam for automakers to test future electric models, Chief Technology Officer James Kennedy said.

    “We are having to use air freight as customers just don’t want to wait six-to-eight weeks,’’ Kennedy said while inspecting completed high-speed units on the Brisbane assembly line. “They need them as fast as possible.’’

    — With assistance by Elisabeth Behrmann

    https://www.bloomberg.com/news/articles/2019-04-03/fastest-electric-car-chargers-waiting-for-batteries-to-catch-up

    Last edited by boiler: 04/04/19
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.002(25.0%)
Mkt cap ! $8.291M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $13.38K 1.914M

Buyers (Bids)

No. Vol. Price($)
17 5323054 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 568907 1
View Market Depth
Last trade - 15.44pm 12/07/2024 (20 minute delay) ?
RFT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.