This is decent, compared to the prices of level 2 chargers from General Electric and Siemens. A GE Wattstation level 2 charger can cost $850, while a Siemens Versicharge can cost $995.
This Bosch Power Max charger is Underwriters Laboratory (UL) certified in both the United States and Canada, and has a NEMA 3R enclosure suitable for both indoor and outdoor use. (NEMA, or the National Electric Manufacturers Association, is an electrical standards organization.)
Level 2 electric vehicle chargers are 208-240 volts, and the residential ones can deliver up to 30 amps of power, which can provide the vehicle with 10–20 miles of range for every hour spent charging. This one provides 16 to 30 amps.
This news may help increase the number of electric vehicle chargers installed worldwide, and hence increase EV adoption due to increased charger ubiquity.