New Study Predicts Approximately 4.1 Million EV Charging Stations By 2017

5 years ago by Mike Buchanan 2

According to Frost and Sullivan, 71% of all charging stations by 2017 will only use the current level 1 charging via the standard household power capacities.

With strong demand for green cars, the use of Government backed incentives, and evolving technology, the boom for electric and plug-in hybrids has just begun. To analyze the future based on present figures, a new study from Frost and Sullivan, that was released last week, states that the charging infrastructure of America will be around 4.1 million stations strong by 2017.

 

This at home level two charger is connected using a household 220-amp outlet. by 2017, only 27% of the stations will have this available

Based on current trends, Frost and Sullivan predict that by 2017 around 71% of the charging stations will be Level 1, or stations using a regular household socket, which can produce a full charge in around 8-10 hours. The others, or around 27% according to Frost and Sullivan, will be level 2 chargers which produce a full charge in about 2-4 hours. The reason for almost three times more level one stations is because that charging method does not require installation of new hardware and is a cheaper solution today.

 

According to the research, Frost and Sullivan predict that the charging infrastructure will grow at a compound annual growth rate of 128.12% until 2017, due to the currency of the ‘green’ concept and volatile oil prices. With ever developing technology in all industries that use and create batteries, the potential low cost benefits of future solutions will help automotive manufacturers produce even more vehicles based on demand and therefore create more charging stations.

 

“Participants are introducing various strategies such as providing EV charging facilities in restaurants, leisure places and malls as a value-added service to customer,” Frost and Sullivan Research Associate Prajyot Sathe Said. Sathe continued, “They also adopt various business models such as subscription and par-per-use to attract more buyers and make the most out of the market’s potential.”

 

The biggest issues to verify the estimated compound annual growth rate of the charging infrastructure is based on the research and development within the EV community over the next two to three years, according to Frost and Sullivan. As the market is still young, various factors will play into future business models and  R&D projects which could either stall growth or create an even larger annual rate.

 

To learn more about this study, take a look at the press release from Frost and Sullivan.

Tags:

2 responses to "New Study Predicts Approximately 4.1 Million EV Charging Stations By 2017"

  1. Brian says:

    First of all, if you are including 120V outlets as “charging stations”, there are already millions of them: in garages, in parking lots, on exterior walls of buildings. What do they count, and what don’t they count?

    Second, I really wish that we as a community would get away from this whole “charges in N hours”. For one thing, it’s incredibly misleading for those who don’t drive EVs because that is only from empty to full. Most drivers will “top off” frequently, and will only need a fraction of the time to do so. Secondly, it depends entirely on the car. The FFE/Leaf will take about 20 hours at 120V whereas the Volt takes about 8 and the PiP about 4. Then at 240V, the FFE/Volt take about 4 hours and the current Leaf takes 8 hours, while the PiP takes 1 hour.

    Can’t we just use kW? 120V at 12A (typical) provides about 1.4kW. 240V and 32A (the typical L2 charger) provides about 7.7kW. It’s not that hard, and it means infinitely more than “charges a car in N hours”. People will get used to it.

  2. Mike Buchanan says:

    Brian,

    The press release was very vague about why such a difference between the two. Converting a typical 120 to a 240 is not much harder than any typical electrician could handle and with demand, who are the cheap station owners not opting for what the consumer wants? There is a lot of speculation in the study where the information is just as it seems… a guess at best.