Costa Coffee is installing rapid electric car chargers at 200 of its drive-through sites around the UK. The chain, owned by Coca-Cola, is joining forces with charging network owner Instavolt to install chargers that can add 100 miles of range in just 15 minutes. They can be used on a pay-as-you go basis so drivers do not need a subscription to the network to use the points. The advent of the electric car poses a major opportunity for companies such as coffee shops and supermarkets that can lure in shoppers with charging points. However, it also poses a major threat to petrol station owners such as Shell and BP whose traditional petrol forecourt model is under threat.
Telegraph 17th May 2021 read more »
Motorists will be able to charge electric cars in five minutes within three years with the introduction of “extreme fast” battery technology. It will be announced today that the first five-minute batteries will be made available for testing this year, with mass production being started in 2024. StoreDot, the Israeli company behind the technology, said that charging would take only marginally longer than filling up a car with petrol. Most modern electric vehicles take between 30 minutes and 12 hours to charge, depending on the size of the battery and the speed of the charging station. One of the quickest chargers on the market is built by Tesla, with its popular Model 3 being charged from 20 per cent to 80 per cent in 20 minutes.
Times 18th May 2021 read more »