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ELECQ Showcases Smart Energy Management System at Drive to Zero 2025

ELECQ Showcases Smart Energy Management System at Drive to Zero 2025

Yahoo04-06-2025
PARIS, June 04, 2025 (GLOBE NEWSWIRE) -- ELECQ is changing the game for EV charging in Europe. At Drive to Zero 2025, ELECQ introduced its all-in-one home energy management system — combining intelligent charging, solar integration, and dynamic load control.Future-Proof Charging Infrastructure for Dynamic Energy Needs
Installing a powerful EV charger can strain older electrical panels or require expensive upgrades. ELECQ addresses this challenge with an integrated system comprising the Type 2 Home Charger, Power Monitor, and ELECQ App — forming a smart solution that adapts in real time to household energy conditions.
Full Control & Smart Load Management
The ELECQ Type 2 Home Charger delivers up to 22 kW of AC charging with safety, intelligence, and efficiency. Through the ELECQ App, homeowners can:
Schedule charging during off-peak hours
View cost breakdowns per session
Export reports and receive OTA firmware updates
Monitor solar vs. grid energy use
ELECQ's intelligent load management ensures safe and efficient charging on both single-home and multi-charger setups.
At the household level, the Power Monitor tracks real-time energy usage and wirelessly communicates with the charger via Wi-SUN. The charger then adjusts output dynamically to prevent overloads — enabling full-speed charging without upgrading the electrical panel.
For multi-EV households, Dynamic Load Balancing (DLB) make intelligently distributing power across up to 30 chargers without additional equipment. This prevents grid overload, optimizes power use, and maximizes system efficiency.
Solar Charging Modes
ELECQ supports three charging solar charging modes — Only Solar, Solar Priority, and Unlimited. With real-time coordination between solar, battery, and EV load via the Power Monitor, the system dynamically adjusts charging. Smart phase-switching ensures optimal solar utilization even during low generation.
OCPP — and Future-Proof
ELECQ chargers support direct OCPP integration and are already connected to major platforms like Last Mile Solutions, CLENERGY EV and SINTIO. The system supports:
OCPP 1.6J
OCPP 2.0.1
Future-ready OTA upgrade to OCPP 2.1
With dual-channel architecture (Direct OCPP + ELECQ Service Protocol), it guarantees broad compatibility with both open platforms and proprietary systems.Beyond Residential: Expanding ELECQ Ecosystem
ELECQ is scaling its solution beyond residential charging. The commercial lineup includes:
ELECQ Ready (pre-wired installation kits)
ELECQ Biz (for businesses and fleets)
ELECQ Station 60 — compact 60 kW DC fast charger with dual-port output, real-time load balancing, and stepless current control for optimized uptime.
The comprehensive ELECQ software suite ensure cloud connectivity:
ELECQ App (for users)
ELECQ Partner App (for installers)
ELECQ Cloud (for remote diagnostics, OTA, and energy analytics)
Built for Europe, Ready for Partnership
ELECQ is certified for the European market by TÜV Rheinland with CE, CB, and RED, and tested for RoHS, REACH, and WEEE compliance. Whether you're a homeowner, installer, or energy platform, ELECQ makes smart energy effortless.
Visit us at Pavilion 5.3, Booth A22, Paris Expo Porte de Versailles.
Stay Connected: Follow ELECQ on LinkedIn
Become a Partner: www.elecq.com
COMPANY: ELECQEMAIL: sales@elecq.com WEB: https://www.elecq.com
Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/34575fc8-9d05-447f-96cc-fda142fb4493https://www.globenewswire.com/NewsRoom/AttachmentNg/bc290e72-0e63-498a-b865-6487cd684880Sign in to access your portfolio
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Bitcoin Swift Launches Stage 3 Presale With AI-Driven Proof-of-Yield Rewards System
Bitcoin Swift Launches Stage 3 Presale With AI-Driven Proof-of-Yield Rewards System

Associated Press

time30 minutes ago

  • Associated Press

Bitcoin Swift Launches Stage 3 Presale With AI-Driven Proof-of-Yield Rewards System

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Is Tesla Stock a Bad News Buy?
Is Tesla Stock a Bad News Buy?

Yahoo

time36 minutes ago

  • Yahoo

Is Tesla Stock a Bad News Buy?

Key Points Tesla's top line was down 12% last quarter, and its growth rate has been declining in recent years. Rising competition and macroeconomic conditions are weighing on its near-term growth prospects. The stock trades at a high premium, but management remains bullish on its future. These 10 stocks could mint the next wave of millionaires › Electric vehicle (EV) and technology company Tesla (NASDAQ: TSLA) is one of the largest businesses in the world, with its valuation right around $1 trillion today. And this is even as the stock is down 21% this year as of July 30. Investor sentiment has become increasingly bearish on the business, and its latest earnings numbers didn't do anything to help that. With its recent results looking unimpressive, the stock may again come under pressure in the days and weeks to come. Could now be a good time to add Tesla to your portfolio? Tesla's problems summed up in a single chart Investors have long been excited about Tesla's prospects and CEO Elon Musk's vision. From EVs to robots, the company has been evolving into a much larger business over the years. And if you're a believer in its potential, it's hard not to like Tesla as a long-term investment. But there's also no denying that its growth faces question marks, especially as more competitors emerge in the EV market, particularly from China, where lower prices can squeeze Tesla's margins. The following chart shows that the threat is not just a hypothetical one, either. Tesla's growth rate has fallen drastically in recent years. Not only was quarterly revenue totaling $22.5 billion down by 12% in the company's most recent quarter (which ended in June), but the company's net income also fell by 16% to $1.2 billion. Tesla's results came in short of what analysts were expecting on both the top and bottom lines, leading to a drop in its share price after the earnings report. Big promises and a big valuation Tesla's recent results weren't great, but the carrot for investors is what may lie ahead for the business. These were some of the rosier -- if vague -- projections for the business from Tesla's recent earnings call: Unsupervised full self-driving will be available in "certain geographies" by the end of the year. Autonomous ride-hailing services will be available "in probably half the population of the U.S.," also by the end of this year. The Optimus version three humanoid robot will be in production next year and "it will be the biggest product ever," according to Musk, who's known for bold predictions. Any one of these three claims becoming true could help rally Tesla's stock, which arguably needs a catalyst right now. The problem, however, is that high expectations are also baked into the stock, as it trades at around 160 times its analyst-estimated future earnings. The bar is high for Tesla, and if it falls short of its promises, that could lead to a further decline for the stock, especially given that its recent results haven't exactly been stellar. Should you buy Tesla stock today? Tesla has been an exciting growth stock to own for years, and it has generated fantastic returns for investors. Although it hasn't been doing great recently, the stock is still up over 200% in five years. If Musk's vision for his company comes true, investing in Tesla stock could end up being really smart. However, with the stock trading at such a high premium, I'd hold off on investing in it. When you're paying such a high price, you're leaving yourself with little to no margin of safety should things not go as planned. Tesla's a good stock to put on a watch list, but I wouldn't rush out to buy it right now. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $461,294!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $39,405!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $625,254!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of July 29, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Is Tesla Stock a Bad News Buy? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Digging deeper: Saskatchewan producers look for greener way to mine lithium
Digging deeper: Saskatchewan producers look for greener way to mine lithium

Yahoo

time36 minutes ago

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Digging deeper: Saskatchewan producers look for greener way to mine lithium

Saskatchewan is home to large lithium deposits and a handful of the province's mining companies are betting on a green approach to take them global. Lithium is the main element in batteries, powering everything from smartphones to electric vehicles (EVs), which made up 17 per cent of all new cars sold in Canada in 2024. According to the United States Geological Survey, the global demand for lithium was up by nearly 18 per cent last year. "Demand is expected to continue to grow and that's coming mainly in the form of EVs," said Paul Schubach, chief operating officer for EMP Metals Corporation. He said there's a strong international interest in lithium, of which nearly 95 per cent of the metal comes from countries like Australia, Chile, China and Argentina. The majority of the mineral is then processed in China, which dominates the manufacturing of electric vehicle batteries. Schubach said Canada is far behind when it comes to producing lithium. "There's a lot of attention right now on North America and the EV boom that was expected to be there just hasn't quite taken off yet," he said. Environmental concerns around mining lithium There are many ways that lithium can be mined, but not all of them are environmentally safe. For instance, in South America, lithium is mined through expansive salt pools that hold salty water containing metals and minerals. In places like Chile, Bolivia and Argentina, the salty water is pumped to the surface, where it sits in massive pools to naturally evaporate, separating lithium from the other minerals. However, the extraction of brine has been found to reduce water levels in these areas, which can contaminate water sources with dangerous materials, becoming a danger to humans and animals who depend on it. The other common way of getting lithium is strip mining, or open pit mining, where lithium is removed by digging into hard rock below the ground. This can cause groundwater to dry up in nearby lakes, rivers and streams. There's also toxic chemicals used that can leak into water sources if not properly managed. With so many risks, some experts say that while extracting lithium is important, it shouldn't be thought of as a magic solution to climate change just because it powers the EV industry. What does that mean for Saskatchewan? It's no secret to Saskatchewan producers that lithium production can pose a harm to the environment. That's why a handful of companies in the province are looking to change that by pioneering a new way of getting the mineral out of the ground. Benjamin Sparrow, CEO of Saltworks Technologies, said instead of using traditional methods like hard rock mining or strip mining, more producers are now using direct lithium extraction (DLE), which takes it right out of the ground, separates out the lithium and recycles the groundwater. "It's underway and specifically underway in Canada," Sparrow said. He said DLE has the smallest environmental footprint and a "very small" land footprint for wells, electricity and water. Evaporation ponds are often not using a freshwater resource. Instead, Sparrow said they use a brine that is not intended for farming, drinking or other means because it's low-quality water. "The environmental footprint is largely associated with the ponds themselves, and as long as the ponds and the geotech is done right, there should not be any environmental concerns," he said. Teresa Kramarz, a mining expert at the University of Toronto, cautions this type of technology is still being tested and has yet to be tried on a large commercial scale in Saskatchewan. She said while in theory it uses less water and land, it needs to be studied further. There's not a lot of research to demonstrate whether direct extraction uses less water than the salt ponds in South America, Kramarz said. She said the potential for the technology is promising, but it remains to be seen if it will be cost effective and widely used. What's stopping Saskatchewan's lithium industry from starting commercial production? Sparrow said what stands out about Saskatchewan's resource is there's a high concentration of lithium and it's close to the surface, so it's very cost effective to extract. Areas like Kindersley and Estevan, both have large reserves of an underground brine, or water, that contains lithium. Additionally, Sparrow points to the province's infrastructure and labour available from the oil and gas industry, which isn't the case for other regions. At the same time, the current cost for lithium is $8,000 to $10,000 a ton. Sparrow said while the low cost makes DLE technology not the most economic, that hasn't put a damper on the Saskatchewan mining industry. "Innovation can change the cost equation," Sparrow said. "And that's exactly the work that's underway in Saskatchewan to drive the cost down below today's market price." Saskatchewan mining companies are betting the demand for lithium will quickly outpace supply. Schubach said he is confident that will happen. "I think once pricing in the market, you know, starts to see an uptick ... I think you'll see a lot of new interest sort of flooding into lithium in general, but also into direct lithium extraction," he said.

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