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August 18, 2021

Tritium signs Evie Networks deal to install 300 Australia chargers

Australia EV reticence addressed by fast charger agreement.

By Simon Warburton

Tritium has signed a deal with Evie Networks to install more than 300 Tritium RTM 50kW fast chargers across Australia.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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The Tritium RTM fast chargers are expected to be deployed during the next two years at 158 different destinations, with two chargers available at each site.

At 50kW, the chargers can add up to 50km (31 miles) of range to an EV in ten minutes.

“It’s fantastic to see this scale of charging infrastructure being deployed in Australia; it will help reduce range anxiety and encourage EV uptake, which is lagging behind other developed countries,” said Tritium CEO, Jane Hunter.

“We’re very pleased to see Federal government support for the rollout of electric vehicle charging infrastructure. While the e-mobility industry does not require subsidies to support the transition from petrol cars to EVs, it benefits greatly from governments indicating their support for the change via policy statements, which enables public confidence when buying a new car.”

Evie Networks, an Australian fast charging network, was recently awarded funds from the Australian Renewable Energy Agency (ARENA) Future Fuels Fund.

Evie Networks was announced as the top funding recipient and the only company to win financing in all eight of Australia’s States and Territories. The new chargers will be partly funded by the award.

“This is a huge vote of confidence for the team,” added Evie Networks CEO, Chris Mills. “This expansion across all of Australia’s capital cities will accelerate access to quality fast EV charging for more Australians.

“Our sites will be prepared for the future with this advanced and upgradeable technology from Tritium.”

More Than 300 Tritium Fast Chargers Expected to be Installed Across Australia by Evie Networks

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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