Adding to this and to prove my point further, there is no intention to install these roads for the mass market (99% of road users) and it’s main use will be for commercial premises and private property - like airports.
It’s simply too expensive to implement on public roads and the cost/benefit makes no sense.
Again, no threat to PodPoint whatsoever.
If you honestly think that millions of cars and thousands of miles of road will be ripped apart to install coils so people can charge slowly and inefficiently, you’re misinformed.
Im not seeing a delusional aspect in the article. Whether one likes it or not, the tech exists. The article is also quite upfront about the distinct impossibility of the technology existing on a mass scale.
Im also not convinced that the article underlines a threat to our beloved PODP. If anything, it shows what may be possible in the future, and if PODP do continue to progress we would hope they would be involved in technological advance (whatever it looks like).
Im with you, Voltaire and the individual who linked the article, it’s ideal to share ideas and respond to those ideas.
Are you getting yourself upset? You have an amazing talent of being able to see into the future. You are aware that every mobile phone company in Europe will be charging their mobiles with a TYPE C adapter from 2024.I rest my case.
Not upset at all. If you’re posting things in a forum that is supposed to be all things related to PodPoint and it’s not related to PodPoint, I’m going to call you out on it.
And moving to USB Type C - how does that rest your case?
It’s not about being able to see into the future - it’s having all the facts and insight into how these things work.
If a charging technology comes about in 100 years time that eradicates charge points, then fair enough. But it won’t be any time soon and it’s not something you should be misleading investors about.
At the moment and in 25+ years time, charge points are the most cost effective and efficient way of charging vehicles.
Just like mobile phones, wireless charging is more of a commodity - not a replacement. The same with vehicles will ring true.
It’s not really any of your business who I invest my capital in. From the sounds of it, you’re probably just a troll who’s trying to inject fear into potential and current investors of PodPoint using out of context article titles.
If you had read the article then Sweden are hoping to have 3000km of roads capable of charging cars and that’s in 2045. What I am saying is that all countries and companies will eventually all work together to have the capability to charge cars while on the move! You have answered my question about impartially(re shares) by not answering😂
2045 is 27 years away. By that time, the battery technology inside of electric vehicles will be so powerful (over 1,000 miles range) that a charging road won’t be needed.
We’re already getting cars with 400-500 miles range.
I wouldn’t put all your bets on a modern technology that takes almost three decades to implement.
I don’t think anyone has at any point said they want to invest in recharging road companies, let alone “put all” their bets on it. You seem to have become incredibly defensive about something whilst at the same time saying it’s of no consequence
If you can tell me a car Thet does 500 miles electric charge now, that’ll be a point proven
anything else your just losing your rag and raving
At people for their opinions Have some respect.
Honestly not losing my rag at all. Forums are created to have a discussion and I voiced my opinion on the tech - which i believe to be fatally flawed and unnecessary for the cost.
We’re in 2023 and lucid air can do 520 miles. So I can imagine in the future, this can be doubled with battery tech.
Thanks for the correction on the amount of years. Still a very long time. By which time - I believe public road charging wouldn’t be required on a mass market scale.
Cool stuff though - just doesn’t solve any particular market problem. Even with 200 miles range on my Lexus, I charge at home and only use public ones for long distance (probably once or twice a year)
It is indeed outstanding news. My view is that PODP are a relatively small company and people are racing to put money into 7% saver accounts rather than growth companies.
Also the growth of the electric car industry has taken a knock of late. I mean one need only look at the misfiring new electric only car companies such as Faraday and Lucid. It is slooow out there. It would be more surprising if it had jumped 20% under current market condition. In fact Id go even further and say hurrah, stay low share price, so I can keep buying at what is increasing looking like a lovely discount. The view from this poster is that Pod Point is a 10 year hold at the very least.