Red Dot Power plans to build 50 EV charging stations by 2019
Date: 2018-02-19   Author: Ojaswita Kutepatil  Category: #news

Red Dot Power, the Singapore-based electricity retailer has recently announced that it will be investing around SGD 500,000 to install 50 electric vehicles charging stations in the nation by 2019. Reportedly, the firm would team up with a Finland-based company, PlugIT to operationalize the ambitious project.

Elaborating further, the company reported that the first phase of the project will comprise the installation of 10 EV stations and is slated to be completed by the end of this year. These stations will be powered by 22 kilowatt AC (alternating current) Type 2 chargers – which are typically touted as the most suitable chargers for plug-in hybrid EVs.

The second phase of the project, which aims to install 40 charging stations, on the other hand will be carried out in 2019. These 40 EV charging stations, as per reports, can be used for both slow and fast charging process that are powered by 24 kilowatt multi-standard chargers. 

Red Dot Power’s EV charging network, according to sources, will also allow the user to not only power their batteries but also discharge the electricity into the power grid. Apparently, PlugIT will deliver Red Dot Power with the maintenance and technology support for the electric vehicle charging network. 

The deployment of electric vehicles is witnessing a rapid upsurge in Singapore, on account of which the port operator PSA Singapore is likely to launch a tender for its first fleet of driverless & electric vehicles this year, cite sources.  

In a bid to enable the cars to go completely emission free, the company apparently plans to install solar panels at the EV charging stations, in turn complementing the future of electricity grid. 

For the record, the electric charging stations would cater to the EVs imported from Europe, Japan, and the U.S that are compliant to different range of charging standards.

About Author

Ojaswita Kutepatil

Ojaswita Kutepatil

Ojaswita Kutepatil, a mechanical engineer by qualification, worked as a BDE and Technical Engineer before switching her profession to content writing. Currently, she works at AlgosOnline. as an Associate Content writer, where she pens down write-ups pertaining to the ...

Read More

More from Ojaswita

Post Recommendents

Alibaba prioritizes SEA expansion, pours in USD 2bn more in Lazada
Author: Dhananjay Punekar

Alibaba Group Holding Limited, a Chinese eCommerce & retail firm, is expected to provide an additional investment worth USD 2 billion to Lazada Group SA, an eCommerce firm headquartered in Singapore.  Incident...

Grofers secures USD 61.6 million in funding round led by SoftBank
Author: Dhananjay Punekar

Grofers, an India-based online grocery delivery service, has received funds worth USD 61.6 million from SoftBank Group via its initial fund-raising round. Incidentally, the round also witnessed the participation of Apo...

Mayne Pharma Group launches a generic alternative to Monodox in U.S.
Author: Sunil Hebbalkar

Mayne Pharma Group, the Australia-headquartered drug delivery conglomerate, has recently announced the launch of doxycycline monohydrate IR capsules in the United States. Reportedly, the scarcely launched drug is a gen...