Siemens has launched VersiCharge, a sleek and compact electric vehicle alternating current (AC) smart charger capable of delivering up to 22kW of power through a Type 2 Plug or Socket, in Asia Pacific. It allows electric vehicles to be charged quickly, safely and cost-effectively. Measuring a little over a size 10 shoe box, the VersiCharge can be installed in any parking lot in public housing, private homes, condominiums, shopping malls, offices, airports and hospitals. Siemens shares are 17% higher this year.