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https://zecar.com/reviews/charging-past-fud-chargefox-ceo-shares-growth-stats>
"As the platform facilitating the most EV charging sessions in Australia, we
are witnessing significant growth in charging activity from both private
drivers and fleet operators.
170,000 drivers are using Chargefox to charge their car every month, compared
to 100,000 this time last year - that’s 70% growth! This surge in usage
highlights a robust and expanding interest in electric vehicles across the
country, despite any short-term market fluctuations.
The increasing adoption of EVs is evident. This trend is only set to accelerate
with the recent and future arrivals of many new EVs to the Australian market,
from brands including Volkswagen, Ford, Toyota, Zeekr and Cadillac. The
investment from these brands is a testament to the global confidence in the
future of electric mobility.
Despite this growth, some organisations in the EV sector, including Tritium,
EVIE, and Tesla, have faced well-publicised challenges. All new industries,
including ours, go through phases of growth, fragmentation, consolidation, and
specialisation.
Chargefox went through a phase of consolidation last year when we were bought
by the Mobility Clubs of Australia and refocused on exclusively providing
software services to support other organisations in managing their chargers and
electrifying their fleets.
These cycles are natural and necessary for long-term stability and success.
While some may interpret the sector’s current challenges as signs of a
downturn, we see them as part of the industry's evolution.
The transition to electric vehicles is not just a fleeting trend but a
once-in-a-century transformative shift in how people and goods get from A to B.
A similar thing happened when the world moved from horse and cart to
automobile. New companies emerged, each with its own products, services, and
strategies - some failed, many more survived and ultimately thrived.
When considering investing in The Ford Motor Company, Henry Ford’s lawyer was
once told by a bank president, “The horse is here to stay, but the automobile
is only a novelty - a fad.” In the face of change, there are always those who
cling to the past. Some do so because change can be uncomfortable, others
because they stand to benefit from slowing progress.
Legacy interests and some media outlets have made a sport of spreading FUD —
fear, uncertainty, and doubt - about the EV sector, as EVIE CEO Chris Mills
pointed out recently when addressing the news that 30 staff had been made
redundant. These efforts to undermine confidence in electric vehicles are not
new, and they won’t be the last. EVs will become the dominant vehicle of
choice, Australia is just at the start of that transition, and it's a bit of a
bumpy ride!"
Via Neerav Bhatt.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics