The Australian Mobility Clubs (NRMA, RACV, RACQ, RAC, RAA and RACT), through its wholly owned Australian Motoring Services (AMS), has invested in Chargefox, and is now the largest shareholder.
Chargefox, which also received $6m in funding from Australian Renewable Energy Agency (ARENA), is building Australia’s largest ultra-rapid network of charging stations for modern electric vehicles (EVs) connecting Adelaide to Brisbane, with the first station opening in Euroa, Victoria, this month.
These ultra-rapid charging stations can be used by all EVs with charging times much quicker than any of the fast charging stations currently available in Australia, capable of adding over 400km of range to an electric vehicle in 15 minutes.
Australian Motoring Services CEO, Michael Reed, said, “The Australian Mobility Clubs want to encourage greater take-up of electric vehicles by providing our members with access to this new technology.”
“The benefits of EVs include much lower running costs, they are cheaper to maintain, and they reduce harmful air pollution. By investing in Chargefox, the Australian Mobility Clubs, are building on their current investment to improve the infrastructure of this country and remove one of the major barriers that limits the adoption of EVs.
“Having a national network of ultra-rapid charging stations will enable our members and all drivers of EVs to travel confidently between cities and states,” Michael said.
Chargefox CEO, Marty Andrews, said, “We are excited to be partnering with the Clubs to enable us to build the backbone of the network, realise our vision that every car is powered by renewable energy and for all Australians to have access to ultra-rapid charging stations.”