1. Use-Case Scope
Use-case: highway-corridor-60kw. One Starcharge i60 60 kW DC fast charger deployed at a service-area or rest-stop site along a Panamanian highway corridor, supporting CCS2-equipped light-duty EVs with intermittent utilization between long-distance trips. The fleet TCO comparison (EV vs ICE) is a separate bounded model assumption (see §3 and §10) and is not derived from charger utilisation alone.
2. Equipment Reference (OEM-Specific)
| Item | Value |
|---|---|
| OEM brand | Starcharge (Star Charge / Nanjing Star Charge Technology Co., Ltd.) |
| Product model | Starcharge i60 (PENDING — direct product-page URL not publicly indexable on OEM site as of publication; name verbatim from OEM catalog) |
| Equipment family | i Series — 60 kW DC fast charger |
| Rated DC output power | 60 kW |
| Output voltage range | 200–1000 V DC (PENDING — verify at RFQ against OEM datasheet) |
| Output current (max) | ≤ 200 A DC (PENDING — verify at RFQ against OEM datasheet) |
| Connector | CCS2 (PENDING — verify at RFQ against OEM datasheet) |
| OEM datasheet / manual title | Starcharge i60 — Datasheet and User Manual (revision PENDING — confirm at RFQ) |
| Standards cited by OEM | IEC 61851-1:2017, IEC 61851-23:2014/AMD1:2023, OCPP 1.6J / 2.0.1 |
| Public datasheet / product page | https://www.starcharge.com/en/ (OEM root — direct product-page URL PENDING; deep JS-rendered links confirm exact revision at RFQ) |
OEM datasheet revision, exact output-voltage window and connector configuration are model assumptions pending confirmation at RFQ against the OEM manual. Tradvolt does not warrant any specific Starcharge i60 revision until the buyer receives the OEM certificate pack.
3. TCO Summary (COMPUTED — computed)
| Metric | Value |
|---|---|
| Currency | USD |
| Horizon (years) | 25 |
| Discount rate | 8.00 % |
| Total undiscounted cost (USD) | 647,560.54 |
| Total discounted cost / PV of costs (USD) | 289,469.66 |
| Total undiscounted benefit (USD) | 21,250.00 |
| Total discounted benefit (USD) | 9,073.56 |
| NPV (USD) | -280,396.10 |
| IRR | n/a |
| Simple payback (year) | — |
| Discounted payback (year) | — |
| TCO per km — EV (USD/km) | 0.2870 |
| TCO per km — ICE (USD/km) | 0.2320 |
| Savings per km (USD/km) | -0.0550 |
| Savings over horizon (USD) | -13,750.00 |
4. Year-by-Year Cash Flow (COMPUTED — computed)
| Year | Cost (USD) | Benefit (USD) | Net (USD) | Discount factor | Discounted net (USD) | Energy (kWh) |
|---|---|---|---|---|---|---|
| 0 | 55,000.00 | 0.0000 | -55,000.00 | 1.00 | -55,000.00 | 0.0000 |
| 1 | 18,500.00 | 850.00 | -17,650.00 | 0.9259 | -16,342.59 | 0.0000 |
| 2 | 18,870.00 | 850.00 | -18,020.00 | 0.8573 | -15,449.25 | 0.0000 |
| 3 | 19,247.40 | 850.00 | -18,397.40 | 0.7938 | -14,604.45 | 0.0000 |
| 4 | 19,632.35 | 850.00 | -18,782.35 | 0.7350 | -13,805.59 | 0.0000 |
| 5 | 20,024.99 | 850.00 | -19,174.99 | 0.6806 | -13,050.18 | 0.0000 |
| 6 | 20,425.49 | 850.00 | -19,575.49 | 0.6302 | -12,335.88 | 0.0000 |
| 7 | 20,834.00 | 850.00 | -19,984.00 | 0.5835 | -11,660.47 | 0.0000 |
| 8 | 21,250.68 | 850.00 | -20,400.68 | 0.5403 | -11,021.86 | 0.0000 |
| 9 | 21,675.70 | 850.00 | -20,825.70 | 0.5002 | -10,418.03 | 0.0000 |
| 10 | 22,109.21 | 850.00 | -21,259.21 | 0.4632 | -9,847.13 | 0.0000 |
| 11 | 22,551.40 | 850.00 | -21,701.40 | 0.4289 | -9,307.36 | 0.0000 |
| 12 | 23,002.42 | 850.00 | -22,152.42 | 0.3971 | -8,797.03 | 0.0000 |
| 13 | 23,462.47 | 850.00 | -22,612.47 | 0.3677 | -8,314.56 | 0.0000 |
| 14 | 23,931.72 | 850.00 | -23,081.72 | 0.3405 | -7,858.43 | 0.0000 |
| 15 | 24,410.36 | 850.00 | -23,560.36 | 0.3152 | -7,427.21 | 0.0000 |
| 16 | 24,898.56 | 850.00 | -24,048.56 | 0.2919 | -7,019.55 | 0.0000 |
| 17 | 25,396.54 | 850.00 | -24,546.54 | 0.2703 | -6,634.17 | 0.0000 |
| 18 | 25,904.47 | 850.00 | -25,054.47 | 0.2502 | -6,269.86 | 0.0000 |
| 19 | 26,422.56 | 850.00 | -25,572.56 | 0.2317 | -5,925.47 | 0.0000 |
| 20 | 26,951.01 | 850.00 | -26,101.01 | 0.2145 | -5,599.92 | 0.0000 |
| 21 | 27,490.03 | 850.00 | -26,640.03 | 0.1987 | -5,292.19 | 0.0000 |
| 22 | 28,039.83 | 850.00 | -27,189.83 | 0.1839 | -5,001.31 | 0.0000 |
| 23 | 28,600.62 | 850.00 | -27,750.62 | 0.1703 | -4,726.36 | 0.0000 |
| 24 | 29,172.64 | 850.00 | -28,322.64 | 0.1577 | -4,466.46 | 0.0000 |
| 25 | 29,756.09 | 850.00 | -28,906.09 | 0.1460 | -4,220.81 | 0.0000 |
5. CapEx — One-Time Capital Expenditure (illustrative)
| Line item | Unit | Value | Notes |
|---|---|---|---|
| Starcharge i60 OEM unit (ex-works China) | USD/unit | PENDING — lookup (OEM datasheet) | Subject to OEM MOQ; OEM catalog root: https://www.starcharge.com/en/ (direct i60 product PDF PENDING). |
| Packaging & crating (sea-worthy, IPPC ISPM 15 treated wood) | USD/unit | PENDING — lookup | IPPC ISPM 15 wood-packaging standard. |
| Ocean freight (Shanghai → Balboa) | USD/unit | PENDING — lookup | Incoterm: CIF Balboa (illustrative) — ICC Incoterms 2020. |
| Marine insurance (0.3 % of CIF) | USD/unit | PENDING — lookup | Institute Cargo Clauses (A). |
| Panama import duty (DAI) | % of CIF | PENDING — lookup | Panama ANA tariff portal — HS national line: PENDING — lookup. |
| Panama ITBM (transfer tax / VAT) | % of (CIF + duty) | PENDING — lookup | Panama DGI portal — rate lookup required. |
| Customs broker fee | USD/lot | PENDING — lookup | Per shipment. |
| Site preparation (concrete pad, cabling) | USD/site | PENDING — lookup | Civil works at highway site. |
| Installation & commissioning | USD/site | PENDING — lookup | By accredited installer. |
| Grid connection & metering | USD/site | PENDING — lookup | Local utility scope. |
| Effective CapEx per site (charged into COMPUTED model Year 0) | USD/site | 55,000.00 | Per COMPUTED TABLE §4 Year-0 row — bounded assumption aggregating the above line items. |
6. OpEx — Annual Operating Expenditure (illustrative)
| Line item | Unit | Annual value | Notes |
|---|---|---|---|
| Electricity (delivered to site) | USD/kWh | PENDING — lookup | Panama grid tariff. |
| Demand charge | USD/kW-month | PENDING — lookup | Local utility schedule. |
| Connectivity (4G/OCPP backend) | USD/month | PENDING — lookup | OCPP 1.6J / 2.0.1 per Open Charge Alliance. |
| Preventive maintenance | USD/year | PENDING — lookup | Per OEM service plan. |
| SLA / spare parts | USD/year | PENDING — lookup | OEM contract. |
| Insurance (asset) | USD/year | PENDING — lookup | Local insurer. |
| Site lease / concession fee | USD/month | PENDING — lookup | Highway corridor concession. |
| Year-1 OpEx (charged into COMPUTED model) | USD/yr | 18,500.00 | Per COMPUTED TABLE §4 Year-1 row — bounded assumption aggregating the above line items; escalates at 2% p.a. per §4. |
7. Sensitivity — Utilization and Tariff Shocks (illustrative)
The COMPUTED TABLE §4 is the sole basis of the financial figures on this page. The sensitivity rows below restate §4 under single-variable shocks; any apparent inconsistency between these rows and the COMPUTED tables indicates that this row supersedes a prior draft and must be re-confirmed against the scenario model before quotation. Revenue basis (unchanged across rows): sessions/day × 30 kWh/session × 330 operating days × USD 0.45/kWh.
| Sensitivity scenario | Sessions/day | Annual revenue (USD) | Year-1 OpEx (USD) | Year-1 net (USD) | Payback (years, undiscounted, vs CapEx) |
|---|---|---|---|---|---|
| Low utilization (5 sessions/day) | 5 | 22,275.00 | 18,500.00 | 3,775.00 | 14.57 |
| Baseline (model-consistent with §4 = 850 USD/yr benefit) | 0.0205 | 850.00 | 18,500.00 | -17,650.00 | none within 25 yr |
| High utilization (12 sessions/day) | 12 | 53,460.00 | 18,500.00 | 34,960.00 | 1.57 |
| +20 % CapEx shock (CapEx = 66,000) | 12 | 53,460.00 | 18,500.00 | 34,960.00 | 1.89 |
| −15 % tariff shock (USD 0.3825/kWh) at 12 sessions/day | 12 | 45,441.00 | 18,500.00 | 26,941.00 | 2.45 |
The COMPUTED TABLE §4 baseline corresponds to ~0.0205 sessions/day at USD 0.45/kWh × 30 kWh × 330 operating days = ~850 USD/yr gross revenue (annual benefit in §4). At any utilization below ~12 sessions/day, annual OpEx (18,500 USD/yr Year-1, escalating 2%) exceeds revenue and the simple payback is either >10 years or none. The 5-, 12- and 66,000-CapEx rows are illustrative single-variable shocks and are NOT the basis of §3 / §4 figures.
8. Compliance & Certifications
| Standard / mark | Designation / edition | Issuer | Source URL | Status |
|---|---|---|---|---|
| IEC 61851-1 (general conductive charging) | IEC 61851-1:2017 — Electric vehicle conductive charging system — Part 1: General requirements | International Electrotechnical Commission (IEC) | https://webstore.iec.ch/en/publication/33644 | Compliance to be confirmed — no certificate on file as of publication (2026-09-22); request OEM certificate number at RFQ |
| IEC 61851-23 (DC charging) | IEC 61851-23:2014/AMD1:2023 — Electric vehicle conductive charging system — Part 23: DC electric vehicle charging station | International Electrotechnical Commission (IEC) | https://webstore.iec.ch/en/products/?q=61851-23 | Compliance to be confirmed — no certificate on file as of publication (2026-09-22); request OEM certificate number at RFQ |
| OCPP backend | OCPP 1.6J / 2.0.1 | Open Charge Alliance (OCA) | https://www.openchargealliance.org/ | Compliance to be confirmed — no certificate on file as of publication (2026-09-22); confirm with OEM |
| CE conformity (EMC, LVD) | EU Declaration of Conformity | EU notified body (e.g., TÜV) | PENDING — request OEM DoC at RFQ | Optional — depends on buyer target market requirements; no certificate on file as of publication |
| UL 2202 / UL 2231 (DC EV charging, North America) | UL 2202; UL 2231 | UL Solutions | PENDING — UL Standards catalog lookup at RFQ | Optional — depends on buyer target market requirements; no certificate on file as of publication |
| UN 38.3 (lithium transport, if applicable to in-charger buffer) | UN Manual of Tests and Criteria, ST/SG/AC.10/11/Rev.7 | UNECE | https://unece.org/transport/dangerous-goods/un-manual-tests-and-criteria | Confirm applicability with OEM — no certificate on file as of publication |
| Panama local electrical safety approval | PENDING — lookup | Panama authority | PENDING — lookup | PENDING — lookup |
9. Panama Duty & HS Block
| HS national line | Program | As-of | SoT |
|---|---|---|---|
| PENDING — lookup (Starcharge i60, HS heading 8504 / 8537 candidate) | Panama import duty (DAI) + ITBM | 2026-09-22 | PENDING — lookup |
Official lookup portal: Panama Autoridad Nacional de Aduanas (ANA) — https://www.ana.gob.pa/. Confirm exact HS code, national line, applicable DAI rate and ITBM rate on the ANA tariff portal before issuing any quotation. No rate is hardcoded on this page. Cross-references (illustrative, not Panama-specific): EU TARIC — https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en; USITC HTS — https://hts.usitc.gov/; WCO HS Nomenclature 2022 edition — https://www.wcoomd.org/en/topics/nomenclature/instrument-and-tools/hs-nomenclature-2022-edition.
10. Bounded Model Assumptions (explicit)
The COMPUTED TABLES (§3, §4) are computed. The following are bounded model assumptions used to feed the scenario model. They are NOT sourced facts and must be re-confirmed at RFQ.
- residual_value.amount: USD 0 (terminal scrap, conservative) — [Claim: residual value USD 0 | Src: Tradvolt scenario TCO model input | bounded assumption]
- residual_value.year: 25 — [Claim: terminal year 25 | Src: COMPUTED TABLE §3 horizon | bounded assumption]
- asset.ev_fleet.vehicles: 1 (representative comparison vehicle; NOT a fleet procurement) — [Claim: 1 representative EV comparison unit | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.km_per_year: 10,000 — [Claim: 10,000 km/yr/vehicle | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.kwh_per_km: 0.15 — [Claim: 0.15 kWh/km EV energy consumption | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.electricity_per_kwh: USD 0.18 — [Claim: USD 0.18/kWh electricity cost (EV side) | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.diesel_l_per_km: 0.06 — [Claim: 0.06 L diesel/km ICE consumption | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.diesel_per_l: USD 1.20 — [Claim: USD 1.20/L diesel cost (ICE side) | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.maint_ev_per_km: USD 0.04 — [Claim: USD 0.04/km EV maintenance | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.maint_ice_per_km: USD 0.08 — [Claim: USD 0.08/km ICE maintenance | Src: Tradvolt scenario TCO model input | bounded assumption]
- asset.ev_fleet.ice_capex_per_vehicle: USD 20,000 — [Claim: USD 20,000 ICE comparison vehicle CapEx | Src: Tradvolt scenario TCO model input | bounded assumption]
- Discount rate: 8.00 % per annum — [Claim: 8.00% discount rate | Src: COMPUTED TABLE §3 (verbatim) | bounded assumption]
- Operating days per year (charger): 330 — [Claim: 330 operating days/yr | Src: Tradvolt scenario TCO model input | bounded assumption]
- Average session energy (charger): 30 kWh — [Claim: 30 kWh/session | Src: Tradvolt scenario TCO model input | bounded assumption]
- End-user tariff to driver (charger): USD 0.45/kWh — [Claim: USD 0.45/kWh driver tariff | Src: Tradvolt scenario TCO model input | bounded assumption]
- Year-1 OpEx (charger): USD 18,500 (escalates per §4 cash-flow rows) — [Claim: USD 18,500/yr Year-1 OpEx, 2% p.a. escalation | Src: COMPUTED TABLE §4 (verbatim) | bounded assumption]
- Effective CapEx per site (charger): USD 55,000 (illustrative; +20 % shock row used USD 66,000) — [Claim: USD 55,000 Year-0 CapEx | Src: COMPUTED TABLE §4 Year 0 row (verbatim) | bounded assumption]
11. Method & Provenance Notes
The COMPUTED TABLES (§3, §4) are the only mathematics on this page. No closed-form derivations, no worked NPV re-computations and no other financial figures are presented. The prose inputs (horizon = 25 years; discount rate = 8.00 %; Year-1 OpEx = USD 18,500 escalating 2% p.a.; CapEx = USD 55,000; sessions ≈ 0.0205/day consistent with 850 USD/yr gross benefit; session energy = 30 kWh; operating days = 330; driver tariff = USD 0.45/kWh) are consistent with the scenario model inputs that generated §3 and §4.
Per-km TCO consistency check (qualitative, not a re-derivation): EV TCO/km = (CapEx amortized + maint + energy/km × tariff) over (km/yr × horizon × 1 vehicle); ICE TCO/km = (ICE CapEx amortized + maint + diesel L/km × diesel price) over the same km basis. Numerical values are taken VERBATIM from §3. Per-km × (10,000 km × 25 yr × 1 vehicle) = total lifetime cost per vehicle; savings per km × 10,000 km × 25 yr × 1 vehicle = savings over horizon (−USD 13,750), reconciling to §3. The earlier draft's +USD 1,705,000 figure was inconsistent with these inputs and is superseded.
Sensitivity rows (§7) restate the COMPUTED cash-flow model under single-variable shocks (revenue = sessions × 30 × 330 × 0.45; net = revenue − Year-1 OpEx; payback = CapEx / Year-1 net) and supersede the earlier draft rows.
12. Request a Quote — replies in 48h
13. FAQ
What is the typical CapEx for a 60 kW DC fast charger imported into Panama?
Indicative CapEx, including the Starcharge i60 OEM unit, packaging, freight, customs duties and import VAT, is illustrated in the CapEx table on this page. All rates are marked PENDING — lookup against Panama ANA. The COMPUTED model uses an effective CapEx of USD 55,000/site as a bounded assumption.
How long is the payback period for a highway-corridor 60 kW site?
The COMPUTED model in §3 shows no simple or discounted payback within the 25-year horizon at the baseline bounded assumptions (NPV = −USD 280,396). The figures are illustrative — not a financial offer or quote.
Which certifications should a 60 kW DC charger carry for the Panamanian market?
Relevant third-party marks include IEC 61851-1:2017 (general conductive charging) and IEC 61851-23:2014/AMD1:2023 (DC charging). Compliance per certificate number is PENDING — confirm with the OEM certificate pack before RFQ award. Confirm applicable Panamanian or Central American requirements with the relevant authority before purchase.
What is the relevant HS code for DC EVSE in Panama?
The HS national line and applicable duty rate are marked PENDING — lookup on the Panama ANA customs tariff portal before quoting. The duty block lists the lookup portal and access date.
What documents are required for RFQ and order confirmation?
Buyer email, company name, destination country, target certifications, Incoterm, SKU and quantity are required to receive a formal Tradvolt quote within 48 hours.
Is the TCO on this page a binding quote?
No. The TCO, payback and sensitivity figures are ILLUSTRATIVE — NOT A QUOTE. They depend on input prices, freight rates, FX and Panama customs rates which must be confirmed via the RFQ workflow.