For longer journeys, when drivers of electric vehicles need a charge on the road, the best solution is off-board ultra-fast chargers, which offer a short charging time for electric vehicle batteries. Consequently, the ultra-fast charging of batteries is a major issue in electric mobility development globally. Current research in the area of power electronics for electric vehicle charging applications is focused on new high-power chargers. These chargers will significantly increase the charging power of electric vehicles, which will reduce the charging time. Furthermore, electric vehicles can be deployed to achieve improved efficiency and high-quality power if vehicle to microgrid (V2µG) is applied. In this paper, standards for ultra-fast charging stations and types of fast charging methods are reviewed. Various power electronic topologies, the modular design approach used in ultra-fast charging, and integration of the latter into standalone microgrids are also discussed in this paper. Finally, advanced control techniques for ultra-fast chargers are addressed.