Electric Vehicle Stations As We Go Forward!!!

Revolta, Russia’s first company focused on the EV sector, said it plans to open 1,000 charging stations around Russia for electric vehicles by the end of 2012 and over 2,000 by the end of 2013.

EnerFund, a Miami-based investment fund that specializes in green technology, will put up to 1.5 billion rubles ($50 million) in a mixture of equity and debt into Revolta over the next two years, the fund’s financial director Jonathan New told The Moscow Times.

The publicly accessible charging stations, designed to overcome the problem that urban apartment residents face when charging an electric vehicle, or EV, will be built in Moscow, St. Petersburg, Samara, Nizhny Novgorod and Kaluga, Revolta general director Maxim Osorin said.

Regular stations using the same power as an ordinary household electric socket will take about 8 hours to charge one of the Mitsubishi cars. More powerful stations for quick charging will be able to charge 80 percent of a battery in 15 minutes, Osorin said.

Osorin and New declined to answer questions about the project’s projected profitability, saying only that they were confident they were not taking a risk.

The plan dwarfs a scheme to open 28 stations under an experimental project by Revolta, state-owned Moscow Grid CompanyMOESKand ROLF Import, Mitsubishi’s Russian distributor. The first opened in December, and all 28 should be running by the end of February, Osorin said.

The Moscow Times