Huge Near Term Opportunity In U.S. EV Charger Need

New electric cars in 2018 spark need for more charging stations

Nathan Bomey, January 25, 2018 (USA Today)

“…[Automakers have sold more than 727,000 plug-in hybrid or battery-powered cars in the U.S. since 2010 and annual sales could soar to 1.2 million by 2025, representing about 7% of total vehicle sales. But charging these vehicles may be a challenge. There are only about 16,300 publicly accessible, standard charging stations today with an average of three outlets each. About 2,200 stations are classified as very fast direct-current stations that can charge batteries in 30 minutes with 5,900 outlets. The nation will need about 100,000 to 200,000 charging stations to fulfill future demand…Despite efforts to build charging stations by Tesla, Volkswagen, the U.S. government and several start-ups, wide swaths of the nation are essentially no-go territory for electric vehicles…[Experts agree the inadequacy of public charging stations] could temporarily limit demand for electric cars…[Part of the obstacle to deployment is that] those stations might not be needed forever. With self-driving, ride-sharing vehicles expected to arrive within the next half-decade in major cities, many experts believe charging will be left to professional fleet managers — not individual drivers …” click here for more

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