The global effort to reduce emissions has seen the electric vehicle (EV) market dramatically accelerate in recent years, highlighting the need for a robust electric charging infrastructure as a key component for long-term EV viability and consumer convenience. In addition to an increase in the number of charging stations, the safe fast-charging capability of the systems is essential to broad adoption. Today, there are multiple levels of charging – from normal to ultra-fast – that range in power levels from the residential 110V up to the commercial 800V and higher. Development and wide deployment of electric vehicle charging station infrastructure and technology will be driven by reducing manufacturing costs while simultaneously raising the reliability and durability of the equipment.
DC Fast Chargers
The Future of EV Charging Infrastructure
Energy efficiency and distributed energy resources are two major challenges when it comes to the future of EV charging infrastructure. Electricity consumption is expected to increase as more people begin owning electric cars, and there are concerns about overloading electrical grids when people plug in their cars at home during peak load hours. Additionally, home charging stations that use alternate current (AC) charging often take a much longer to fully charge a vehicle compared to commercial charging stations that use Direct Current Fast Charging (DCFC).
To avoid and prevent bottlenecks or overloading at peak load times, there is increased demand for large, ultra-rapid EV charging stations where people can go to charge their electric vehicles.
If EV charging infrastructure forecasts are correct, it is estimated that the global EV charging station market will grow by more than 30% by 2030. This is mainly based on the potential market for commercial EV fleets. However, the biggest challenges that could hold fleet operators back from using EVs is long charging times and lack of access to charging stations.
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