Chargers are an emerging business that enjoys rapid growth as the popularity of electric vehicles (EV) grows. The first stage of business development is to install chargers at locations with the most demand, according to Taiwan-based supplier EVOasis.
Star EV Charger, a charger subsidiary of solar energy developer HD Renewables, leverages its experiences in land acquisition and plans to build 1,000-2,000 chargers at the quickest speed it can, said HD Renewables general manager Chou Shih-chang. The company expects the number to keep increasing at a steady pace after that.
EVOasis CEO Tao Pai-chun said making chargers is a long-term business and the company started building its network from zero. Tao reckoned that the safety and stability of the chargers are the priorities that lay solid foundation for brand reputation of suppliers. EVOasis' major shareholders include Pacific Green Energy and Solar Garden.
EVOasis envisions an achievement of having a full green energy supply through its chargers starting in 2030.
HD Renewables has partnered with eTreego since 2021 and has built over 200 charging piles so far. It also eyes the opportunities of the data generated by the charging systems. Chou said the future mobility will create demands for new services, including venue services, car owner services, power supply, green energy, energy storage, and power management.