THE FUTURE OF CHARGING
Many of us are considering an EV as our next car
Every few weeks, we see new electric vehicle models appearing on our streets, as automakers and the public start transitioning to e-mobility
Many countries already announced bans on conventional combustion engines, meaning demand for EVs will accelerate
McKinsey estimates that 75% of new car sales will be electric by 2030, driven by a combination of regulations and public demand
While there are 350 new car models in the pipeline, the existing and planned charging infrastructure is completely inadequate
Missing charging infrastructure makes full ev adoption challenging
Although 70% of drivers live in urban areas, grid weaknesses mean most drivers won’t be able to charge at home. At least 50% of all drivers will be dependent on public charging
Existing public chargers tend to use traditional slow-chargers, eventhough new cars support far faster charging standards
Drivers are also concerned with charge / range anxiety being the single biggest concern when ordering a new car
The current charging infrastructure is only capable of supporting a very limited population of vehicles and has already reached its limits in many areas
Ultra-Fast urban charging
Ultra-fast charging offers a solution to the issues of charging capacity and driver convenience
Currently most chargers in cities are AC chargers, each of which can only charge a few cars per day
While one ultra-fast DC charger provides the power of 10 existing AC-slow chargers allowing drivers to charge up to 100 km in 5-minutes
Ultra-fast chargers will be necessary to cope with the huge demand for charging, bring huge driver convenience
Unfortunately, ultra-fast chargers are very difficult to install in urban areas due to outdated electricity grids
OUR SOLUTION
JOLT provides ultra-fast charging in cities. Our experienced team understands the challenges of the electricity grid. With our partners, we have developed an ultra-fast charging strategy for cities. By using grid-boosting technology in our chargers, we can connect to the electricity grid almost anywhere
This scalable technology allows us to install chargers within a few days, compared to 12-18 months (or ever!) with alternative medium-voltage charging technology
Most importantly; by leveraging this technology, we are able to reduce the weekly charging time for the urban driver from 120 minutes to 15 minutes or even less
BENEFITS FOR DRIVERS
JOLT’s chargers are distributed throughout the city, rather than in charge parks. EV drivers will soon be able to charge where they are, whether shopping, dropping the kids at school, browsing at the mall or grabbing a cappuccino
Advanced ultra-fast technology means our customers are able to charge their weekly driving needs in only 15-20 minutes
Soon, we will introduce Plug and Charge to our our fleet. This will make the charging even easier; simply plug in the car and it starts charging immediately, without the need to present a smart card, or credit card
BENEFITS FOR INVESTORS
Auto makers have announced investments of €600 billion in e-mobility; meaning virtually all car sales in Europe and USA will be battery electric vehicles by 2030
Charging this vast fleet of EVs in Europe alone, will require the installation of around 15,000 chargers per week from now on
For investors, this is a huge market opportunity. JOLT is well positioned to play a decisive role, particularly in the urban charging segment
