Swedish start-up reveals radical solution for charging electric vehicles

The technical concept was created with the goal of using the already well-established refuelling infrastructure: petrol stations.

β€œIt is better if we do not have to establish a completely new infrastructure just because we want to use EVs (electric vehicles) instead of fossil fuel cars,” Powerswap founder Sten Corfitsen.

Traditional EV charging involves connecting a cord and waiting for the car to be charged. With Powerswap, the battery is replaced with the help of a robotic device in three minutes.

Mr Corfitsen says the solution will change the way people think about EV charging.

β€œBy installing robotic swap units at petrol stations and parking lots, we will gain a cost-efficient solution for the transition to a dominant electric-transport sector,” he said.

Powerswap is claimed to be different from earlier battery-swap trials, which have been based on building β€œexpensive” new swap stations. Another difference is that Powerswap handles the swap of batteries from the side, which is better when it comes to automation.

β€œI’m confident we have created something that will lead to faster expansion for EVs,” Mr Corfitsen said. β€œTaxi companies and other transportation fleets are suitable niches for our introduction because their operations have no time available for prolonged charging. We have received a Letter of Intent from Taxi Stockholm, the biggest taxi company in Sweden.”

According to Powerswap, the advantages of automatic battery swap are:

  • No time needed for charging; faster than filling a petrol car.
  • The car is not out of use during β€œrefuelling” (charging).
  • The EV can be sold without the battery, which will make the price of an EV less than that of a fossil-fuel car. The battery will be leased and can be renewed when enhanced technology is available.
  • An infrastructure will be built without the need for hundreds of thousands of public charging poles.
  • The stress on the battery is significantly reduced. Powerswap claims to give batteries a suitable amount of time for charging, which lowers the peaks in demand and the stress on the grid.

Powerswap AB is a spin-off from Fuelmatics AB, the originator of completely automatic refuelling with liquid fuels. Powerswap is supported by the Swedish Energy Agency, Energi-myndigheten, with the goal of enabling a more efficient infrastructure for electric vehicles. The company collaborates with Chinese battery manufacturers and OEMs.

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