Chakratec announced the approval of the Israel-U.S. Binational Industrial Research and Development (BIRD) Energy Program’s match-funding for the Blink and Chakratec project for affordable, sustainable everyday DC fast-charging solutions.
The project is expected to introduce cutting-edge DC fast charging technology to the United States based on Chakratec’s kinetic energy storage technology which will be adopted to American UL standards from already deployed and proven systems in Europe. This will enable high-power charging, serving many EVs daily without straining the grid, and avoiding increased “high demand” charges from utility companies. The proprietary technology is chemical-free, environmentally friendly, fast reaction and able to provide an unlimited number of charging cycles (more than 200,000).
The project facilitates the deployment of DC Fast Chargers nationwide, regardless of the location’s current grid status, without the need for costly upgrades. All of the DC Chargers will be connected to the Blink Network, which provides a comprehensive and easy-to-use service experience for drivers. The technology will enable Blink to offer a practical, inexpensive DC fast charging solution to the US market, making fast EV charging available anywhere and anytime. The build-out of this fast DC charging solution will further encourage the widespread adoption of electric vehicles.