FAST CHARGING IS CHARGING FAST AROUND THE WORLD

DC Fast Charging Equipment for Electric Vehicles

1Q 2013 (Pike Research/Navigant)

“The battery electric vehicle (BEV) industry is gearing up for the spread of direct current (DC) fast charging technology, which promises drastic reductions in the time needed to restore a BEV battery to full charge…

“…[But] the sector faces a standards conflict: A new connector that combines alternating current (AC) and DC fast charging in one unit, based on a standard developed by the Society of Automotive Engineers, is now in competition with an earlier system, known as CHAdeMO, that was developed by a group of Japanese automakers in association with the Tokyo Electric Power Company and has been adopted to a limited degree around the world.”

click to enlarge

“Vendors of charging equipment (often called electric vehicle supply equipment, or EVSE) report that DC fast charging can reduce the time to a full charge on a standard BEV from the 6- to 8-hour range to less than an hour…

“The benefits of fast charging…[also] include such potential side benefits as reducing the size and cost of the onboard battery – one of the most costly elements of a BEV. Pike Research forecasts that shipments of DC fast charging units will accelerate rapidly over the remainder of this decade, growing from fewer than 9,000 in 2012 to nearly 98,000 in 2020. Shipments will grow at a compound annual growth rate of 40.6%...”

Tweet