Europe slow to standardise electric car charging - ChargePoint
By Victoria Waldersee LISBON (Reuters) - Inconsistent requirements for charging stations across Europe are keeping the infrastructure for electric cars from growing as fast as it could, the CEO of ChargePoint, one of the world's largest charging network operators, said on Tuesday. Speaking in Lisbon at the Web Summit, Europe's largest technology conference, Pasquale Romano said the European Union was the 'only governing body' able to tackle the issue. 'Germany has very specific metering requirements
By Victoria Waldersee
LISBON (Reuters) - Inconsistent requirements for charging stations across Europe are keeping the infrastructure for electric cars from growing as fast as it could, the CEO of ChargePoint, one of the world's largest charging network operators, said on Tuesday.
Speaking in Lisbon at the Web Summit, Europe's largest technology conference, Pasquale Romano said the European Union was the "only governing body" able to tackle the issue.
"Germany has very specific metering requirements. Some Southern European countries require shuttered sockets. That's crazy. It's creating noise in a way that's not adding value to the drivers," he said.
"Companies like us can work around this, but it makes doing business here messier than it needs to be," he said.
ChargePoint, which operates 103,600 charging points globally, aims to increase that to 2.5 million by 2025, with the increase split evenly between Europe and the United States.
The company entered the European market in 2016, with its headquarters located in Amsterdam, joining a crowded field of oil majors, carmakers and utilities fighting to dominate the industry of electric vehicle infrastructure.
Since then, ChargePoint has hired 70 staff across the continent, with one facility in Munich and another in Reading, England, due to come into operation by the end of this year.
Most of the growth has been in Europe rather than the United States, Romano said, "with the U.S. climate the way it is."
The U.S. government filed paperwork on Monday to withdraw the country from the Paris Agreement, the first formal step in a one-year process to exit the global pact to fight climate change by cutting emissions of greenhouse gases.
ChargePoint has raised $530 million (£411.81 million) from investors in 10 funding rounds since it was founded in 2007, including Daimler
"Investing in electric vehicles is the last growth opportunity the utilities industry will have for decades," Romano said.
(Reporting by Victoria Waldersee, editing by Andrei Khalip and Sonya Hepinstall)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.