Public charging facilities accounted for about 4.8 million units, a 31.2% increase year on year, while private chargers rose 56.1% to 15.9 million. The combined rated power of public charging facilities reached 226 million kilowatts, averaging about 47.01 kilowatts per unit.
“We’re leveraging technology to open up what we think is a new opportunity, where there hasn’t been a lot of attention paid from the space thus far, because it just wasn’t feasible,” Kroopf said, adding that previously, it wasn’t cost-effective for a brand to dedicate so much money and resources to building a platform like this for themselves.
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However, Ben Barringer, head of technology research at Quilter Cheviot, says any increased costs would be limited by the rate charged by Netflix, which he calls the "price-setter in the market".