Elizabeth Oliphant, Krzysztof Ignaciuk and Alex Metz analyze Saudi Arabia’s ambitious green mobility goals that will require an estimated 34,000 new charging stations in the next eight years.

Our view on the latest developments in Green mobility.
Elizabeth Oliphant, Krzysztof Ignaciuk and Alex Metz analyze Saudi Arabia’s ambitious green mobility goals that will require an estimated 34,000 new charging stations in the next eight years.
In September, Apricum opened its new office in Paris and we spoke to Alex Metz, head of the new office, CEO of Apricum France and lead for our green mobility sector to learn more about the new site and how it fits into Apricum’s growth strategy.
EV batteries degrade over time, leading to storage capacity loss and range constraints – eventually rendering them unsuitable for further use in cars. However, they can still be suitable for less intensive or critical stationary storage applications, and can be repurposed in what is referred to as the “second life” of a battery.
Adding a battery to an electric vehicle charging station can help to “buffer” the power required from the grid, thus avoiding peaks and related grid constraints or costly charges. Consequently, additional demand for stationary storage is triggered – but what needs to be considered to successfully seize this new market opportunity?