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Fastest Electric Car Chargers Are Waiting for Batteries to Catch Up

  • VW, Tesla, Ford roll out EV pumps that give speedier recharges
  • $50 billion in spending on charging equipment needed by 2030
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EV makers and energy companies are driving the global rollout of ultra-fast charging pumps. David Stringer reports.(Source: Bloomberg)
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The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes.

Automakers and energy companies are spearheading the global rollout of these ultra-fast charging pumps to lure consumers away from gas guzzlers and toward vehicles powered by electricity. Thousands of souped-up stations are being installed along highways from Shanghai to Germany and California, with the capacity to charge enough for 20 miles (32 kilometers) of driving range in one minute.