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China: Microvast’s ultra-fast charging station can recharge up to 6 buses in 5-10 minutes.

American charging company Microvast Inc have announced the commence of use of a state of art rapid charging facility in Chongqing. The charging facility boasts 3,200kW of power with six individual charging bays which each have 400kW of power which allows EV’s to be charged within 5 to 10 minutes.
Commercial operation of this charge station is an important milestone for Microvast and the China State Grid’s joint development plan under which Microvast will introduce a new business model for EV deployment. Under the new business model, ultrafast charging stations will be financed, built and operated by utility companies much like gas stations are owned by oil companies today.
More http://www.chinacartimes.com/2012/06/12/microvast-announces-commercial-operation-ultra-fast-charging-station-chongqing/”>chinatimes.com

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