NewEnergyNews More: THE SLOW STEADY GROWTH OF CAR CHARGERS

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  • Tuesday, October 2, 2012

    THE SLOW STEADY GROWTH OF CAR CHARGERS

    Electric Vehicle Charging Equipment; Level 1 and Level 2, DC Fast Charging, and Wireless EVSE: Global Market Analysis and Forecasts

    3Q 2012 (Pike research/Navigant)

    “The past 18 months have marked the transition of the plug-in electric vehicle (PEV) into full commercialization…[and] a major uptick in [electric vehicle supply equipment (EVSE) ]deployments. In 2012, there will be almost 45,000 public charging stations installed globally. Much of this will be the result of publicly funded infrastructure initiatives…

    “…In comparison to government targets for PEVs, however, sales have been disappointing, and the relatively slow pace of PEV rollouts will act as a dampener on this market. With some exceptions, much of the private sector is waiting until PEVs are commonly seen on the roads in their areas before investing in charging infrastructure.”

    “The EVSE industry is still trying to determine the best way to create a viable return on investment (ROI) on EVSE station deployments for site hosts. This issue is going to become front and center as the publicly funded EVSE deployments wind down…

    “…[I]t has been relatively easy to encourage businesses to become site hosts when the EVSE equipment is free or heavily subsidized. Nevertheless, global sales of charging equipment are expected to grow at a steady pace as the plug-in vehicle (PEV) market grows. Pike Research projects that the global EVSE market will increase from fewer than 200,000 units sold in 2012 to almost 2.4 million in 2020…”

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