{"id":547419,"date":"2022-06-21T04:21:22","date_gmt":"2022-06-21T04:21:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/infinity-will-start-implementing-ev-charging-tariffs-next-week\/"},"modified":"2022-06-21T04:21:22","modified_gmt":"2022-06-21T04:21:22","slug":"infinity-will-start-implementing-ev-charging-tariffs-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/infinity-will-start-implementing-ev-charging-tariffs-next-week\/","title":{"rendered":"Infinity will start implementing EV charging tariffs next week"},"content":{"rendered":"

<\/a> Gov\u2019t-set tariffs on EV charging are coming to Infinity stations: <\/strong>Renewable energy player Infinity will start levying government-set fees to use its electric vehicle charging stations starting next Tuesday, 28 June, according to a company press release (pdf)<\/a>.<\/p>\n

What it costs to charge your car: <\/strong>Customers will pay EGP 1.89 per kilowatt hour (kWH) for alternative (AC) charging and EGP 3.75\/kWH for direct current (DC) charging at Infinity stations. You can catch the full breakdown of the government\u2019s tariffs <\/strong>here<\/a><\/strong>. <\/strong><\/p>\n

What\u2019s the difference between AC and DC? It\u2019s all about speed. <\/strong>A quick high-school science refresher: AC, or alternating current, is the stuff that is transmitted through the national grid and comes out of your wall socket. You already use it today to charge your phone \/ tablet \/ laptop and to power your home. AC power needs to be converted into DC power to store in an EV\u2019s batteries \u2014 hence why DC charging is much faster (and requires lots more power to operate and lots more infrastructure to build) and therefore more expensive.<\/p>\n

The tariffs could rise in coming years: <\/strong>The government is revising the tariffs annually \u2014 and they will need to increase to be financially lucrative for charging companies, Shams Abdel Ghaffar, managing director of Infinity\u2019s EV Division, told Enterprise previously.<\/p>\n

How payment works: <\/strong>Motorists can pay by scanning the InfinityEV app on their phone at the station, and recharge their credit balance on the app using a debit or credit card. Existing customers using Infinity charging cards will have to link them to the app to continue using Infinity\u2019s charging services.<\/p>\n

Why now? <\/strong>The Electricity Ministry in February set the tariffs motorists will pay to charge EVs in Egypt, marking a key milestone in the local development of the industry as the government pushes the adoption of zero-emission vehicles on the nation\u2019s roads. Tariffs differ based on whether the charging station is public or at privately-owned commercial establishments.<\/p>\n

Infinity is a key player in national charging infrastructure: <\/strong>Infinity is leading the government project to establish a nationwide charging network<\/a>, and will eventually set up 6k vehicle charging points at 3k stations across the country. The company in April<\/a> launched seven new EV charging stations in the Nile Delta, marking its debut in the region and expanding Infinity\u2019s charging network to over 90 stations with more than 300 charging points in 10 governorates.<\/p>\n

Infinity is also among <\/strong>several firms<\/a><\/strong> competing to manage the EV charging firm that will be established by the government.<\/strong> The private sector partner selected to manage and operate the company will be locked in with a medium-term contract for its services, in exchange for a portion of the company\u2019s net income.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t-set tariffs on EV charging are coming to Infinity stations: Renewable energy player Infinity will start levying government-set fees to use its electric vehicle charging stations starting next Tuesday, 28 June, according to a company press release (pdf). What it costs to charge your car: Customers will pay EGP 1.89 per kilowatt hour (kWH) for […]<\/p>\n","protected":false},"author":1,"featured_media":547420,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[144,72,356,334],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-enterpriseam","tag-evs","tag-infinity","wpautop","entry"],"acf":{"mongo_id":"2097cfe8-6112-4b5d-ad3c-842101e10a2c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/6\/259.jpg","photo_position":"above","related_issue":[547406],"teaser":"","voice_url":""},"yoast_head":"\nInfinity will start implementing EV charging tariffs next week - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/infinity-will-start-implementing-ev-charging-tariffs-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infinity will start implementing EV charging tariffs next week\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t-set tariffs on EV charging are coming to Infinity stations: Renewable energy player Infinity will start levying government-set fees to use its electric vehicle charging stations starting next Tuesday, 28 June, according to a company press release (pdf). 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Infinity now has a total of 20 charging points in Shebin El Kom, Mansoura, and Damietta, the company said,\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/320.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566804,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/14\/cabinet-approves-ev-tariffs\/","url_meta":{"origin":547419,"position":2},"title":"Cabinet approves EV tariffs","author":"enterpriseam admin","date":"14 July 2021","format":false,"excerpt":"Proposed energy tariffs for electric vehicle (EV) charging stations won Cabinet\u2019s signoff today, according to a statement. The tariffs cover both the cost of electricity sold to charging stations as well as charging costs to end users.WHAT DOES INDUSTRY THINK? 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