CG ZIV Metering Solutions will be supplying IBIL, the Spanish electric vehicle charging operators with a total of 90 Electric vehicle charging stations. This esteemed order will go a long way in showcasing the company’s competence in transportation and their proficiency in Smart Grid space applications. Smart Grid is a top scorer in the growth market and estimated to be worth $57 billion by 2016.
Smart Grid and Electric Vehicles are expected to grow by leaps and bounds in the coming years. By 2025, 35% of all vehicles sold will be electric while 25% of these will be hybrid and 10% will be pure electric. Sustenance of these vehicles will need a dependable and reliable charging station network and it is only Smart Grid that will be well versed in it effective implementation and efficient management. Electric vehicles are growing in importance in markets of US and the European Union. All CGs charging stations are Smart Grid enables offering real time communication information from meters to generators.
CG is a pioneering company in management and effective functioning of electrical energy. The company has over 15000 employees across 85 countries providing electrical products, systems and services to industries, power generation, utilities and consumers. The company is divided into four business groups which include Power, Automation, Industry and Consumer.