Commercial EV Charging Station Installation

Commercial EV Charging Station Installation

A number of signs are pointing to the fact that we’re only at the tip of the iceberg with regards to EV deployment. Bloomberg New Energy Finance forecasts that the EV market is about to take off, with more than 20 million EV sales expected globally by 2030, and more than 60 million EV sales by 2040, equivalent to 55% of the global light-duty vehicle market.

The coming electric car boom is being driven by a number of related factors, including aggressive national and state policies on zero emission vehicle deployment goals and diesel bans, shifting consumer demands, increasing environmental awareness, and hundreds of billions of dollars in investment from auto manufacturers as they ramp up production on a variety of new electric car models to better compete with Tesla.

With the rise of EVs comes the need for EV charging. Below we will discuss your options for charging electric vehicles and want to expect out of a Commercial EV Charging Station Installation.

Home Charging
Right now, over 80% of all electric vehicle charging occurs at single-family homes via home EV charging stations, which makes sense as early EV adopters are more likely to own homes and have dedicated parking spaces. In order to move past this stage and bring range confidence to more people, more charging is needed outside of the home for renters as well as people that live in apartments and condos. As a result, billions of dollars of funding is being made available for EV charging infrastructure buildout at the workplace, commercial, and public locations through Utility “Make Ready” infrastructure programs, government-backed programs, and Electrify America.

Work Place Charging
Workplaces are an ideal charging location, as they are the second most frequent parking location behind homes. Workplace EV chargers can be the primary charging point for drivers without dedicated charging in their home garage. Additionally, workplace charging stations can provide flexibility and relieve range anxiety for other electric vehicle drivers. The expansion of workplace charging also has been shown to increase electric vehicle ownership. Below, we will discuss the EV charging station installation process and how states are incentivizing drivers to switch over to plug-in electric vehicles.

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Post time: Jun-15-2020