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Electric Era partners with SK Signet to solve demand charges and uptime issues

By Michael Elkins  Seattle-based EV charging startup, Electric Era has partnered with the global charging solutions company, SK Signet to solve demand charges and uptime issues...
Electric Era partners with SK Signet to solve demand charges and uptime issues © Reuters. Electric Era partners with SK Signet to solve demand charges and uptime issues

By Michael Elkins 

Seattle-based EV charging startup, Electric Era has partnered with the global charging solutions company, SK Signet to solve demand charges and uptime issues with a fully integrated electric vehicle (EV) charging solution. Electric Era's newly launched PowerNode Platform is an AI-controlled and battery-supported EV charging solution, and SK Signet chargers will now be the primary charger manufacturer hardware offered with this product.

Following successful product integration testing, Electric Era has purchased SK Signet chargers, and SK Signet has purchased PowerNode batteries to conduct further integration testing.

"Combining PowerNode with SK Signet’s charger product line solves the demand charge issue once and for all and accelerates deployment timelines, while improving the charging experience for customers. Drivers are fed up with high bills and chargers that do not work. We are thrilled to be working with the world-class team at SK Signet to revolutionize EV fast charging," said Quincy Edmund Lee, CEO and founder of Electric Era. Electric Era plans to install 107 PowerNode Platform units in 2023 and 400 charging stations in 2024.

SK Signet placed its support behind PowerNode by purchasing PowerNode units for further integration testing. "We were impressed with the initial test results. Electric Era's product is reliable and works well in a variety of scenarios, such as convenience stores," said Seung-June (SJ) Oh, President of SK Signet America.

"Both SK Signet and Electric Era believe convenience stores are ideal locations to spearhead EV charging efforts in the United States. Installing charging stations at convenience stores presents major economic and environmental benefits to US consumers," Quincy Lee stated.

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01-05-2024 10:45:17 (UTC+7)

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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