New TECO, Phihong partnership eyes U.S. EV power charging market

The electrical manufacturer TECO and power supply manufacturer Phihong announced that an MOU was signed between the two companies on Monday. The parties concerned included a three-way partnership: TECO's American subsidiary Westinghouse, Phihong, and U.S.-based energy group Getka Group's newly established Getka Manufacturing.

The three companies will set up a manufacturing base in Oklahoma for secondary and tertiary electric vehicle fast and rapid charging stations. Their goal is to establish a market presence in the U.S. as a power supplier for commercial, city public transportation, and public-owned electric buses.

Getka Manufacturing will oversee the production of fast-charging station designs, manufacturing, to sales. The new factory is slated to begin construction in August, employing Getka-designed carbon-neutral methods to supply power, such as solar power, and with industrial-grade backup batteries to supplement.

Phihong Chairman Lin Zhong-min explained that Phihong is the first fast-charging E.V. station in Asia that can supply 360kW, compatibility with international standards, and offer customizable functions.

Dariusz Cichocki, CEO of Getka Group, believes that in addition to creating new local jobs, this investment can also bring diversity to the local economy by strengthening manufacturing and incorporating environmental protection processes. He emphasized that the cooperation project is based on the U.S. renewable energy project announced by the group, integrating green manufacturing and further expanding the group's "Zero Impact" carbon neutral business strategy.

TECO said that the Biden government will return to the Paris climate agreement and will set up about 550,000 electric vehicle charging stations in major cities across the U.S. The three parties believe that the production of fast charging piles for electric vehicles at this time is an excellent opportunity to seize business opportunities in infrastructure construction.