February 8, 2022

Category: News

Subject: Press release / News

Polarium and CTEK in Partnership to Develop Energy Storage with Electric Vehicle Charging

Polarium and CTEK launch a partnership to develop Energy Storage for EV Charging (ESEV). By combining energy storage solutions from Polarium and charging technology from CTEK the two companies aim to enable EV charging in more locations and for more individuals previously limited by grid capacity, space or cost.

“This is an extremely promising project, and CTEK is the perfect partner for us to explore Polarium’s capabilities in the EV-charging sphere. By pairing CTEK’s experience in charging technology with our smart energy storage solutions, we will bring the world closer to seamless and universal fast-charging capabilities”says Maha Bouzeid, Business Development Director at Polarium.

As demand for electric vehicles is growing rapidly, several challenges must be solved to meet the requirements of broader electrification of the global car fleet. Until energy grids can be upgraded on a large scale across countries and urban areas, smart and compact energy storage solutions will be vital to match electricity demand with supply.

In their collaboration CTEK and Polarium aim to eliminate the need for strengthened grid connections for charging, and instead enable direct-current (DC) charging in locations previously unsuitable for standard DC charging stations as well as vehicle to grid (V2G) solutions. Enabling energy to be pushed back to the power grid from EV batteries. So that they can be charged and discharged based on grid stability and energy supply.

The fast-charging solution will be separated into two separate modules to allow more flexible installations in tight spaces.

“We are incredibly pleased to be partnering with Polarium to develop the smart fast-charging of the future. Energy storage solutions are crucial for the global electrification effort, and we are therefore seeing an increased deployment of storage alongside EV charging station in many markets. Together we hope to show the way forward for EV charging, proving that it is possible to install charging stations globally” says Cecilia Routledge, Global Director for Energy & Facilities at CTEK.

Polarium and CTEK have agreed several engagements where this charging prototype will be tested in the field, in Sweden as well as internationally.

About Polarium
Polarium provides energy storage solutions built on lithium-ion technology for the telecom, commercial, and industrial segments. Polarium’s headquarters and R&D center are situated in Sweden, with manufacturing in Mexico and Vietnam. Polarium serves customers worldwide through its global sales channels and presence in Indonesia, New Zealand, Sweden, South Africa, the UK, and the US. Today, our market-leading solutions are in use on all continents and all climate zones – from the Equator to the Arctic – ensuring that the flow of energy never stops, while enabling our customers to reduce energy costs and carbon footprint.

About CTEK
Established in Dalarna, Sweden, CTEK is the leading global brand in vehicle charging solutions.  CTEK offers products ranging from 12V and 24V battery chargers to charging solutions for electrical vehicles. CTEK’s E-mobility solutions range from individual EV chargers to larger corporate and commercial installations with multiple charging stations, that require load balancing and integrate seamlessly with monitoring and payment equipment. CTEK’s products are sold via a carefully selected network of global distributors and retailers: as original equipment; supplied to more than 50 of the world’s leading vehicle manufacturers; and through charge point operators, property owners and other organisations/individuals providing EV charging infrastructure. CTEK takes pride in its unique culture based on a passion for innovation and a deep commitment to supporting the transition to a greener mobility, by adhering to industry leading ESG standards.

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