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Germany has installed more electric vehicle chargers but is still not profitable.

Frankfurt - BDEW, a public utility lobby group, said on Wednesday that Germany has increased the number of public charging points of electric cars by 1/4 in the past year, although it says it is still not a profitable business. BDEW said that since the end of June 2017, 2800 public charging points have been added, bringing the total number to 13500. The battery charging network of battery driven vehicles is expanding, and carmakers are developing models of electric vehicles as part of a shift towards low carbon mobility.

 

BDEW said power companies are building and operating most of the charging facilities, but auto makers are disappointing the entire industry, and they have not yet provided enough electric car models to consumers at competitive prices.

"More than 3/4 of the charging stations are operated by the electric power company, although it is not profitable to consider the number of electric cars," said Stefan Kapferrel (Stefan Kapferer), the managing director of BDEW.

"If electric cars want to make breakthroughs in Germany in the next few years, the car industry must provide the market with models that can compete with the internal combustion engine in price and performance," said Stefan Kapferrel (Stefan Kapferer), the managing director of BDEW.

Other companies that provide chargers include parking operators, supermarkets and hotels, which subsidize the charging facilities as additional services, hoping to bring more revenue streams through cross sales or centralized battery charger storage.

By 2020, Germany had hoped to have 1 million battery powered cars, but fewer than 100 thousand.

Due to the cost of cars and mileage restrictions, efforts by government funds to use this technology are hindered. Analysts say this, in turn, has delayed the introduction of infrastructure to encourage use.

The government should amend the housing property law to increase investment in private charging points, BDEW said, as 80% of the future charging process needs to be carried out at home rather than in public.

If the owners do not want to charge at home like snail, they now have to buy loading boxes, each for thousands of euros, to speed up the charging speed, beyond the level of the traditional household sockets.

Home users also need the permission of local power suppliers to install these boxes, because too many cars are loaded at the same time in the evening peak time, which will overload the power network of the community.

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