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Australian start-up raises funds to build rapid charging stations

ChargeFox’s chargers can provide 400 km of range within 15 minutes

Australian start-up ChargeFox has successfully raised A$15 million to enable it to commence building Australia’s largest open, ultra-rapid network of charging stations for electric vehicles.

The funding has come from a combination of sources including investment from The Australian Mobility Clubs (NRMA, RACV, RACQ, RAC, RAA and RACT), Wilson Transformers and the founder of Carsales, Greg Roebuck, and grants from Australian Renewable Energy Agency (ARENA) and the Victorian government.

These ultra-rapid charging stations will be open to all EVs and charging time will be quicker, with up to 400 km of range delivered in 15 minutes. The chargers will be capable of power output of at least 150 kW and up to 350 kW, which will be the fastest of any charger currently available in Australia.

“Chargefox is committed to sustainable mobility. Our network of ultra-rapid charging stations will play a significant part in improving the infrastructure of this country and remove one of the major barriers that limits the adoption of EVs. The charging stations will enable all modern EV drivers to confidently drive between Australia’s major cities,” said Chargefox CEO Marty Andrews.

In the initial rollout, Chargefox plans to secure 21 locations for the network and the first stations located in Euroa and Barnawartha North, Victoria.

Marty added: “Chargefox has a vision that one day 100% of road transport will be powered by renewable energy and from day one our ultra-rapid chargers will be accessible to all Australian drivers.”

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