RFT 25.0% 1.0¢ rectifier technologies ltd

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    Nice one Gilbarco,....... considering all the new larger battery capacity model EV's to hit the road in the next couple of years,at some point they will begin rolling out the Veefil PK 175-475Kw HPC's. And with Gilbarco Veeder-Root's global presence, that's massive.
    If you have done your research you would know that the likes of BP and Shell have also begun rolling out infrastructure. The difference with Tritium's partner is they will use Tritium Infrastructure with all their clients worldwide. The other two look like they vary infrastructure supplier depending on the country they are operating in.

    And in the meantime we can't discount the fact that we may also be supplying Tritium with the power supply for the Veefil RT50?
    If we renew the below contract again shorty, with the amount of Veefil RT50's going out the door, it's going to look very likely the case.

    ""13 March 2018ASX AnnouncementMarket UpdateOn 17 June 2015, Rectifier Technologies Limited (Company) announced that its wholly owned subsidiary, Rectifier Technologies Pacific Pty Ltd (RTP), signed a contract to manufacture a customised rectifier for an Australian customer. The expected contract revenue amount of $AUD 3.5 million over 3 years, has already been exceeded before the end of the 3-year period. The Company is now pleased to announce that the same Australian customer has placed additional purchase orders with RTP for a total of $AUD 1.45 million, to be delivered by May 2019. Yanbin Wang CEO""

    Gilbarco Veeder-Root fully charged to deliver electric vehicle charging solutions to Europe’s forecourts


    In October 2018 Gilbarco Veeder-Root announced that it had made a minority investment in Tritium, a privately held EV charging technology leader, to enable the retail fueling technologies business to meet progressive customer needs in the face of the e-mobility revolution.


      
      
    Last update: March 1, 2019 | Advertorial
    Gilbarco Veeder-Root fully charged to deliver electric vehicle charging solutions to Europe’s forecourts© Gilbarco Veeder-Root
    Gilbarco Veeder-Root fully charged to deliver electric vehicle charging solutions to Europe’s forecourts© Gilbarco Veeder-Root
    Gilbarco Veeder-Root fully charged to deliver electric vehicle charging solutions to Europe’s forecourts© Gilbarco Veeder-Root
    Gilbarco Veeder-Root fully charged to deliver electric vehicle charging solutions to Europe’s forecourts© Gilbarco Veeder-Root

    Speaking at the time, Martin Gafinowitz, Senior Vice President of Fortive, stated, “Our partnership with Tritium is the logical next step in our long history of evolving the Gilbarco Veeder-Root business portfolio to address progressive customer needs.  This investment provides early and judicious entry into a market with a growing need for rapid charging, which is one of the top barriers to EV purchase.’’

    Tritium is a fast-moving technology company specialising in the development and supply of DC fast-charging solutions for electric vehicles.  Established in Australia in 2001, it launched its first DC fast charger (Veefil-RT) in 2014, and since then it has become a leading global supplier, with installations in 28 countries.  In 2018, Tritium signed a deal with IONITY to develop 100 high-power charging sites across Europe, sealing Tritium’s position as a European market leader for DC high power EV charging solutions.  IONITY, headquartered in Munich, is the joint venture of BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche.

    Eric Denivelle, e-mobility Business Director for Gilbarco Veeder-Root Europe, speaking of the industry’s positive reaction to the partnership with Tritium, stated ‘‘petroleum retailers across Europe have really welcomed our new partnership, recognizing the significant value in having a trusted and experienced supplier in the petroleum retail business partnering with a leader in the EV charging technology domain.’’

    Sales of the bestselling Veefil-RT 50kW DC Fast Charger have got off to a strong start in the first quarter of 2019, with orders already placed from Italy, the Netherlands and Saudi Arabia, and installations beginning in March.

    More sales are undoubtedly on the horizon, with the Veefil-RT’s promotional season fully kicking off in March.  Gilbarco Veeder-Root are confirmed to showcase the latest in EV charging solutions at a host of events across Europe – current schedule available below.

    For forecourt owners, the advantages offered by the Veefil-RT for petrol forecourts are clear.  As the world’s smallest footprint DC fast charger, the Veefil-RT is easy and quick to install, even where space is limited. Featuring patented liquid cooling technology and IP65 protected electronics, it is designed for optimal and long-lasting performance with the lowest maintenance, even in extreme conditions. The Veefil-RT, with its award winning design also delivers on kerb appeal, with a wealth of custom branding options for seamless and stylish integration into any forecourt.

    For more information on e-mobility solutions from Gilbarco Veeder-Root please visit www.gilbarco-emobility.com.

    Upcoming events

    • EnergyMed – Naples, Italy – 28-30 March 2019
    • Petroleum Expo – Istanbul, Turkey – 28-30 March 2019
    • The Forecourt Show – Birmingham, UK – 8-10 April 2019
    • Tankstelle & Mittelstand (BFT) – Munster, Germany – 8-9 May 2019
    • UNITI Forum Tankstellentechnik – Bochum, Germany - 24-25 September 2019
    • APEA – Milton Keynes, UK – 22 November 2019
    https://www.petrolplaza.com/news/20432
 
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