Volkswagen Group Parts and DU-POWER set up a three way partnership

Volkswagen Group Parts and the start-up Shanghai DU-POWER New Vitality Technical Co., Ltd. plan to work collectively to provide versatile fast charging stations in China. An settlement to this impact was signed by representatives from each corporations in Suzhou, China. Collection manufacturing of the versatile fast charging stations is at present scheduled to begin within the second half of 2020. Establishing manufacturing with a neighborhood associate is a key step within the quickly rising electrical car market.

“A complete charging infrastructure is the important thing to the success of e-vehicles. The deliberate three way partnership with DU-POWER due to this fact represents a big milestone as we proceed to make progress alongside the trail to electrical mobility. The progressive design of our versatile fast charging station has enormous potential in China, not least due to the speedy development of electrical mobility,” commented Thomas Schmall, CEO of Volkswagen Group Parts.

“The electrification of the worldwide automotive trade is a megatrend. As an bold high-tech firm with a reliable technical improvement core, we’ll work with Volkswagen to create a stable basis to help the success of electrical autos. The partnership for establishing a three way partnership in China allows us to collaborate shut on the technical facets of the challenge to supply versatile, dependable and environment friendly options for the charging infrastructure,” remarked Yong Kang, CEO of Shanghai DU-POWER New Vitality Technical Co., Ltd..

Following the conclusion of the requisite approval course of with authorities, together with merger management, Volkswagen AG and Shanghai DU-POWER New Vitality Technical Co., Ltd. will in the end every personal 50% of the shares within the three way partnership. The brand new firm will probably be situated within the Suzhou Wuzhong Financial & Technological Growth Zone, close to Shanghai, China.

As beforehand introduced, versatile fast charging stations may even be produced on the Hannover website in future. Manufacturing is to start this 12 months.

Introducing the versatile fast charging station
With compact dimensions, the versatile fast charging station may be put in nearly wherever it’s wanted or the place a charging infrastructure shouldn’t be but in place. When linked to the low voltage grid, the station turns into a everlasting charging level with out the extra price and energy required for a comparable fastened fast charging station. The built-in battery pack can retailer a buffer of power that means that it may be disconnected from the grid. This then eases the pressure on the ability grid, notably at peak instances. If electrical energy generated from renewable sources is fed into the charging station and quickly saved there, the station allows carbon-neutral mobility. To make sure the sustainable use of beneficial assets, the charging station can be designed to have the ability to use outdated batteries from electrical autos as power accumulators in future. Because of fast charging expertise, e-vehicles may be charged with as much as 150 kW.
SOURCE: Volkswagen