Vestel sets sights on becoming #1 EV charging brand in Europe
The Turkish manufacturing giant, best known for being the OEM partner behind 1 in every 3 TVs and display screens sold in Europe, has been designing, engineering and producing EV charging solutions for household name brands for over five years. From small residential chargers to the largest commercial units, a broad range of charging devices already installed in homes, car parks and service stations across the UK are “Powered by Vestel”.
With the European EV charging market set to grow exponentially over the next decade, Vestel is leveraging its manufacturing economies of scale to launch a range of its own brand charging solutions, set to significantly lower the cost of EVC installation. With the new products covering home users, commercial premises and infrastructure hubs, Vestel’s capacity to produce over 700,000 EV chargers per year will underpin the move to become Europe’s leading supplier of affordable EV charging solutions.
Matthew Lang, Managing Director of Vestel UK, comments “The EV charging market is poised to take off, with impending legislation fuelling massive growth in EV ownership across Europe, from private users to commercial vehicles and company fleets. The need for EV charging at home, at shops and offices, and as part of the national infrastructure is increasing each day, and manufacturers are struggling to keep up with demand even now. As one of Europe’s largest electronics manufacturers with over half a decade of experience in making EVC products for premium brands, Vestel has the expertise, capacity and scale to become a leading brand for affordable EV charging across Europe.”
With manufacturing taking place at factories across Vestel City in Turkey, the new EV charging products and the majority of their components will be made in Europe. This reduces time to market, keeps the environmental footprint to a minimum and reduces transcontinental shipping costs and impact. The result is a new range of chargers set to redefine the benchmark for affordability, reliability and sustainability.
At the residential level, the new products will give EV charger installers and electricians new lower-cost, high-specification charging solutions. Integrated features include Wi-Fi, app control, LCD displays, PEN fault detection, and both tethered and socketed options including a cable locking feature. Vestel’s EV charger range will be further expanded throughout 2023 to encompass dual-socket commercial AC chargers, rapid and ultra-rapid DC chargers.
Alongside its own brand EV chargers launching in April, Vestel will continue to manufacture OEM charging solutions for premium electric vehicle brands, service station networks and electricity suppliers, all “Powered by Vestel”.
For more information on Vestel or an interview with Ali Khan, Vestel UK’s EV business development manager, on the company’s plans for an electrified future of European transport, please get in touch.
Vestel’s new range of EV charging solutions will be unveiled at Fully Charged Live, Farnborough International Exhibitions Centre, 28-30 April 2023. Forthcoming product press releases will be embargoed until 0900, 28th April, GMT.