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The projected roll-out is delayed from earlier projections as a function of funding, Thomas noted, adding that the company is transitioning from angel funding to being on the brink of closing a major series round, related to activity in the US and in China. The company has already secured two customers in China, Thomas said.
In the UK, the Powering Up Britain initiative and The Rapid Charging Fund promise to make EV charging reliable, ubiquitous and fast. Comparable programs and strategic investment in EV charging are occurring around the world: in China, the government aims to meet the charging needs of over 20 million cars by 2025.
In the UK, the Powering Up Britain initiative and The Rapid Charging Fund promise to make EV charging reliable, ubiquitous and fast. Comparable programs and strategic investment in EV charging are occurring around the world: in China, the government aims to meet the charging needs of over 20 million cars by 2025.
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