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USA: Meeting Future Demand for Electric Vehicle Charging Stations

A pedestrian walks by a new electric vehicle charging station near San Francisco City Hall in this file photo. (Justin Sullivan/Getty Images)

Sale of electric vehicles in any given area has to be preceded by electric vehicle charging stations, without which the cars would have only a limited driving range.

By 2017, more than 1.5 million plug-in electric vehicles (PEVs) stations will have been installed along American roadways, with a total of 7.7 million locations worldwide.

Electric vehicle charging equipment prices are still rather high, as such equipment presently is produced by smaller-sized manufacturers. But as the market continues to grow toward maturity, global electronic companies will enter the field, and such equipment will be produced in large quantity, driving the price down.

“Basic electric vehicle supply equipment will quickly become a commodity. EVSE [electric vehicle supply equipment] prices will fall by 37% through 2017 as costs are driven lower by competition from large electronics companies as well as volume production,” said John Gartner, senior analyst at Pike Research, a marketing and consulting firm, in a 2011 press release.

Total revenue is projected to reach $4.3 billion for electric vehicle charging equipment worldwide by 2017, compared to $400 million in 2011.


1 comment to USA: Meeting Future Demand for Electric Vehicle Charging Stations

  • […] “Electric Vehicle Supply Equipment (EVSE) Demonstration …“Electric Vehicle Supply Equipment (EVSE) Demonstration Program” Program Opportunity Notice PON 2301 Approximately $8 million Available Round 1 Proposals Due NYSERDA will support the demonstration of vehicle charging equipment through up to two funding rounds of this PON. … View Full Source Mouse here for Related LinksUSA: Meeting Future Demand for Electric Vehicle Charging Stations […]

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