GE and Juice Technologies co-developing electric vehicle charging devices
Chargers integrate GE's smart meters with Juice Technology's Plug Smart engine for recharging efficiency during low-demand, lower cost time periods.
GE and Juice Technologies have announced a joint developmentagreement to create intelligent plug-in electric vehicle charging devices for U.S. and globalmarkets. The chargers integrate GE's smart meters with Juice Technology's PlugSmart engine to help consumers charge their cars during low-demand, lower costtime periods.
Smart chargers are expected to hasten acceptance of plug-incars by making them more attractive to both consumers and utilities. The companies say that consumerswill benefit by receiving the lowest-possible charging rates for their cars; utilities will be able to better control the demand for electricity and take onthe added load of electric vehicles without over-taxing their grids; and utilitieswill also realize greater value from their capital equipment during overnightand other low-demand times, when it is substantially less utilized.
Electric vehicles will begin shipping in volume across the United Statesin 2010. Charging stations will be needed to meet the growing consumer demand.
GE will offer a line of charging products that combine GE'ssmart meter technology and communication capabilities with Juice Technologies'patent-pending intelligent charging technology. A multi-generational PEVproduct architecture will meet or exceed requirements set forth by utilitiesnationwide.
Initial chargers will be available in the United States in the second quarterof 2010, with full-scale production ramping up throughout the year. Globalavailability will follow.
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