A North East designer and manufacturer of power systems has used £3.8m of bank funding to launch high power electric vehicle charging products.
Gateshead's Turbo Power Systems, which supplies the rail, road and industrial sectors, has started production of ultra rapid EV chargers suited to commercial vehicle users. The firm says its tech will be targeted at fleet operators and can create micro networks with energy storage for charging.
The chargers can be scaled up to deliver 480kW of power per vehicle, which means they can be used by electric heavy goods vehicles and Turbo Power Systems has ambitions to double the output to 1MW of power. Initial small volumes of the products will go into production at the firm's Team Valley premises this summer.