27 Nov '11, 3pm
Japanese Firms Form Quick-Charge Network - EV World
Tokyo -- ULVAC, Inc., Kanematsu Corporation, Kandenko Co., Ltd., Suzuyo Shoji Co., Ltd., Chubu Electric Power Co., Inc., Toyota Motor Corporation (TMC), the Development Bank of Japan Inc., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation today agreed to establish an organization to provide membership-based quick-charging services for users of electric vehicles (EVs). The organization, named the Charging Network Development Organization, LLC, aims to encourage increased and widespread use of EVs by helping to expand the scope of charging infrastructure. As of the end of October, approximately 800 quick chargers have been installed in Japan, a number still viewed as insufficient from a users' standpoint. Until now, quick chargers have generally been installed, at the owner's expense, by businesses and private organizations for private use or as part of a government p...