Inefficient EV Networks Costing Millions, Used Only 2 Percent of the Time: EV CEO

An EV (electric vehicle) boss has said the utilisation rate of charging stations in Australia is around 2 percent, with underlying implications for the national grid. At a recent parliamentary inquiry hearing, Lex Forsyth, the CEO of Janus Electric, a company specialising in converting conventional trucks to electric ones, raised concerns about the low utilisation rate of charging stations nationwide. “We have inefficient charging networks where there’s been millions of dollars designated to charging stations right around the country that are being utilised 2 percent of the time,” he told the Standing Committee on Climate Change, Energy, Environment, and Water. On top of the low utilisation rate, Forsyth said the current charging networks were putting strain on the national grid....