Aker Wade Develops Vision For New EV Fast Charging Infrastructure
NEW VISION FOR ELECTRIC VEHICLE FAST CHARGING INFRASTRUCTURE
AKER WADE POWER TECHNOLOGIES DEVELOPS NEW VISION FOR ELECTRIC VEHICLE FAST CHARGING INFRASTRUCTURE
CTO John Aker Unveils A Working Business Model, Calls for Unprecedented Collaboration
SAN FRANCISCO – John Aker, CTO Aker Wade Power Technologies today unveiled the first working business model for an EV Fast Charging infrastructure at the EV Charging Infrastructure USA 2011 Conference in San Francisco. Aker Wade’s vision transforms EV Fast Charge Technology into a Business Strategy and takes it to an entirely new level by creating a win-win for EV drivers, utilities, Big Box retailers and automotive OEMs.
“Our strategy takes a total systems approach that addresses not only driver concerns over limited EV range and Electric Utility concerns regarding EV grid loading, but also addresses participant’s business viability concerns while being sensitive to the energy and environmental issues of today,” Aker said. “And the best part is that the government doesn’t have to pay for it – it is a completely sustainable business model.”
Aker Wade envisions Electric Vehicle DC Fast Chargers at Big Box store locations. Drivers would pull up to a recharging unit, much like they do with gasoline today, plug-in, and go do their shopping. It would take on average 10 to 20 minutes to charge a typical fully depleted EV battery to 80%, with partial battery charge “top offs” at 5 to 10 minutes for additional range.
“We propose selling Fast Charging as a service, similar to the way air is retailed at gas stations: instead of paying for each cubic foot of air we use to fill our tires, we pay a small fee for the convenience. Working with EV manufacturers, utilities and government regulatory agencies, we'd like to find ways to translate this existing model over to EV charging.” Aker stated. “This would allow the creation of a working economic model for the distribution of electrical energy as a transportation fuel and facilitate the construction of infrastructure by the private sector.”
The energy used to recharge EV’s could even come from renewable energy that would be captured by solar arrays on the store’s huge roof, then stored in 2nd life EV batteries housed in an “energy buffer unit” behind the store. The same energy buffer would also store nighttime off peak, low cost electricity to support daytime EV charging and the store’s energy use. Interestingly, many of the big box stores regional distribution center warehouses today are already using Fast Charge technology for their fleet of forklift trucks for efficiency and cost reduction. This proposal would bring Fast Charge to inside the retail stores operations as well.
“With this approach, we are able to address the utilities concerns over stressing the electrical grid by providing a means to capture and store energy during off-peak hours that may have otherwise been wasted. This also provides the electric utilities with a means to help regulate power frequency during daytime peak times by using the energy buffer unit as a load and storing versus just dissipating energy,” Aker explained. As for the environmentalists and automotive OEMs, it provides a 2nd life for used EV batteries that up until now, no one has come up with a good solution.”
Aker Wade believes that no one industry can do it alone. “To realize this vision, it will require an unprecedented level of cooperation between Auto OEMs, Electrical Utilities, Regulatory Agencies and Charging System Manufacturers,“ Aker said. “We need to develop solutions that will create win-win solutions for fast charge providers, the automotive industry, electric utilities and EV drivers. We believe that it’s no longer a nice to do, but from our perspective, it’s a must do and critical for sustaining the automotive industry and our global energy resources.”
About Aker Wade Power Technologies
Aker Wade Power Technologies designs and manufactures advanced fast charging systems for electric vehicles and industrial forklifts. Founded in 2000, Aker Wade is the market-leading provider of fast charging technology for Fortune 1000 companies servicing markets in the U.S., Europe and Asia. Aker Wade is collaborating with battery companies, infrastructure suppliers and EV manufacturers to deliver advanced Level 3 fast charging solutions for the future generation of battery electric vehicles. Among the companies Aker Wade is working with are EnerSys, A123, Coulomb Technologies, Tokyo Electric Power Company (TEPCO) and many of the automotive OEM’s. Aker Wade is proud to engineer and manufacture all of its products in the U.S. For additional information, please visitwww.akerwade.com.
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