By 2025, the number of EV charger stations need to triple in the United State
Oct 16, 2023
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Get ready to charge ahead! The United States is facing a surge in electric vehicles (EVs) on the road. To keep pace with this growing popularity, experts say the nation needs to triple the number of charging stations by 2025. This means a massive build-out of infrastructure to ensure EV drivers can conveniently find power wherever they travel. So, why the big push for more chargers? And how will it impact drivers and the environment?
According to reports, the automotive industry forecasting agency S&P Global Mobility said that by 2025, the number of EV charger stations which including in the United States must triple to meet the charging needs of new energy electric vehicles.
While many vehicles owners charge their vehicles via EVSE home charger , as major automakers begin selling primarily electric vehicles in the United States, the whole country needs to build a robust public charging network.
S&P Global Mobility estimates that of the 281 million cars currently owned in the United States, electric vehicles account for less than 1%. From January to October 2022, new car registrations of electric vehicles in the United States accounted for about 5%, but this share will increase quickly. A report released on January 9 by Stephanie Brinley, director of S&P Global Mobility's automotive intelligence department, showed that by 2030, electric vehicles may account for 40% of the new car market in the United States. This will cause ev charger installation become more famouse.
S&P Global Mobility says there are currently approximately 126,500 Level 2 public ev charger stations in the United States, and 20,431 Level 3 public ev charger stations (this number does not include the 16,822 Tesla Super ev chargers and Tesla Destination charger station). Now, the increase in charger ev has begun, and the rate is likely to be faster and faster. In 2022 alone, the growth of charging piles in the United States will exceed the previous three years combined. Last year, the country added approximately 54,000 Level 2 ev charger and 10,000 Level 3 ev charger.
Charging network operator EVgo said that Level 1 ev charger is the slowest. They can be plugged into a standard socket in a customer's EVSE home charger and take more than 20 hours to charge. Level 2 ev charger have a charging time of 5 to 6 hours. They usually charge Installed in homes, workplaces or public shopping malls where vehicles will be parked for extended periods of time.Level 3 ev charger is the fastest, and you just need 15 to 20 minutes to charger.
S&P Global Mobility reports that the number of electric vehicles in the United States may reach nearly 8 million by 2025, while the current total number of electric vehicles in the country is 1.9 million. President Joe Biden set a goal last year to build 500,000 charging stations across the country by 2030.
But S&P Global Mobility said these 500,000 charging stations are not enough to meet demand. The agency predicts that the United States will need about 700,000 Level 2 and 70,000 Level 3 ev chargers in 2025 to meet the needs. In 2027, there will need 1.2 million Level 2 EV chargers and 109,000 Level 3 ev chargers. By 2030, it will need 2.13 million Level 2 and 172,000 Level 3 public ev chargers, which are more than eight times the current number.
S&P Global Mobility also expects the pace of charging infrastructure development to vary by state. Analyst Ian McIlravey said in the report that states that follow the zero-emission vehicle goals set by the California Air Resources Board may have more consumers buying electric vehicles and the charging infrastructure such as commercial ev charger in these states will develop faster.
Additionally, as the electric vehicles industry development, the ways for owners to charge their vehicles will also develop. S&P Global Mobility said that battery swapping, wireless charging technology, and more and more consumers installing wall-mounted Level 2 EV charger at home may change the charging model of electric vehicles in the future.
Graham Evans, director of global mobility research and analysis at S&P Global Mobility, said in the report that charging infrastructure "must surprise and delight owners who are new to electric vehicles, making the charging process seamless or even more convenient than the refueling experience while having minimal impact on the vehicle ownership experience. In addition to the development of charging infrastructure, the development of battery technology and the charging speed of electric vehicles will also play a vital role in improving the consumer experience. "
The electric vehicle revolution is upon us, and the United States needs to be ready. S&P Global Mobility, a leading automotive industry forecaster, predicts a dramatic rise in EVs on the road by 2025, necessitating a tripling of charging stations nationwide. This rapid expansion is crucial to address "charging deserts" and ensure a seamless charging experience for drivers.
Currently, home charger is a primary solution, but a robust public network is essential as major automakers shift towards electric models. S&P Global Mobility estimates a potential 40% share of new car sales being electric by 2030.
The urgency is clear. From a mere 1% EV market share in 2022, the numbers are projected to skyrocket. While the current infrastructure boasts over 126,500 Level 2 and 20,431 Level 3 public chargers (excluding Tesla's network), it's far from sufficient.
S&P Global Mobility calls for a significant increase by 2025, reaching approximately 700,000 Level 2 and 70,000 Level 3 chargers. This exponential growth reflects the anticipated 8 million EVs on the road by 2025, a stark contrast to the current 1.9 million.
President Biden's ambitious goal of building 500,000 charging stations by 2030 is a commendable start, but S&P Global Mobility suggests it won't be enough. Their projections point towards needing over 2 million public chargers by then, highlighting the need for accelerated development.
The landscape will likely vary by state, with those following stricter emission regulations experiencing faster growth in EV adoption and charging infrastructure. Additionally, future advancements like battery swapping, wireless charging, and wider home charger installation could reshape the electric vehicle charging landscape.
The key takeaway is that charging infrastructure needs to evolve rapidly and delight new EV owners. A convenient and seamless experience, even exceeding the ease of gas refueling, is critical. This, alongside battery technology advancements and faster charging speeds, will ultimately pave the way for a successful electric vehicle revolution.