Gravity opens fastest EV charger in US to public in New York City

ChargePoint Holdings

04/03/2024 10:00

By Akash Sriram
       March 4 (Reuters) - Google-backed EV infrastructure
startup Gravity Mobility has opened the fastest charging
solution in the United States to the public, as it looks to
attract fleet customers.
    Major fleet operators will have access to 24 of Gravity's
500 kilowatt (kW) chargers in New York, Gravity said on Monday.
The devices can charge at a rate of 2,400 miles of range per
hour or 200 miles in five minutes. 
    The company has the capacity to manufacture and deploy
thousands of chargers a year and more sites are already in
development, apart from the first in Midtown Manhattan, it said.
    "If you look at how many (Tesla) Superchargers are added per
year, we can add that many or more to grow our network. There's
nothing blocking that," Gravity's CEO Moshe Cohen told Reuters.
    Tesla  TSLA.O  has signed a large number of agreements with
Ford  F.N , General Motors  GM.N  and a slew of other automakers
to allow vehicles across brands to access its more-than 15,000
strong charging network. Scaling to this level could be
challenging. 
    Gravity plans to raise more funds this year to expand its
network of high speed chargers across the United States.
    "We will do more fundraising, of course, our goal is to
expand nationally immediately, and so we have quite a bit of
interest," CEO Cohen said.
    Gravity's chargers are the size of a carry-on suitcase,
compared with large stands deployed by automakers and other EV
charging network operators.
    However, most electric cars have a charging speed cap of 350
kW, with future models expected to be able to take advantage of
faster chargers.
    Late last year, EV charger maker ChargePoint  CHPT.N 
announced its Express Plus Power Link 2000 product, which is
capable of charging two vehicles simultaneously at speeds of up
to 500 kW, while Tesla's Superchargers have a limit of 250 kW.

 (Reporting by Akash Sriram in Bengaluru; Editing by Mrigank
Dhaniwala)
 ((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti;
+91-74116-87774;))