Australia is set see its first network of ultra-fast electric vehicle charging stations under a $15 million investment in Australian start-up Chargefox.
The $15 million in public-private funding will see the ultra-rapid charging stations built throughout Victoria to be available to all modern EVs. The company claims that charging times will be quicker, with up to 400km of range delivered in 15 minutes. The chargers will be capable of power output of at least 150kW and up to 350kW, which will be the fastest of any charger currently available in Australia.
"Chargefox is committed to sustainable mobility. Our network of ultra-rapid charging stations will play a significant part in improving the infrastructure of this country and remove one of the major barriers that limits the adoption of EVs. The charging stations will enable all modern EV drivers to confidently drive between Australia’s major cities," said Marty Andrews, CEO, Chargefox.
The first two charging sites will be in Euroa in Victoria and in Barnawartha North just outside of Albury-Wodonga on the Victorian-NSW border. These two sites are also receiving $1 million in funding from the Victorian Government.
All the charging stations will be powered through the purchase of renewable energy. The Euroa site will include a solar and battery installation and the Barnawartha North site will also feature a new solar installation.
The charging sites are expected to be no more than 200 kilometres apart – well within the range of modern EVs – and will be public, open-access to all EV models currently sold in Australia. Motorists will be able to use the stations via an app.
The ultra-rapid charging technology allows an EV to add 200 to 400 kilometres of range in just 15 minutes, 15 times faster than typical domestic charging points which take hours.
There will be two stations at each site, each capable of a power output of 150 kW.
"Chargefox has a vision that one day 100% of road transport will be powered by renewable energy and from day one our ultra-rapid chargers will be accessible to all Australian drivers,” Mr Andrews said.
The Australian Mobility Clubs (NRMA, RACV, RACQ, RAC, RAA and RACT), through Australian Motoring Services (AMS), has also invested in Chargefox, and is now the largest shareholder. Chargefox has also received funding from Wilson Transformer Company and the founder of Carsales, Greg Roebuck.