Study: U.S. charging stations must quadruple through 2025

number of electric vehicles charging station According to S&P Global Mobility, the U.S. will need to quadruple by 2025 to meet EV sales demand.

Many EV owners power their vehicles via home chargers, which would require a robust public charging network. Automakers shift to selling mostly EVs in the US

EVs make up less than 1% of the 281 million vehicles currently on the road and about 5% of new vehicle registrations from January to October 2022, a share that will grow quickly Then S&P Global Mobility predicts. Her EV market share in new vehicles could reach 40% by 2030, or 28.3 million units, according to a report released Monday by Stephanie Brinley, associate director of auto intelligence at S&P Global Mobility. It is said to be of high quality.

“I don’t think it’s crazy if it takes 10 years to get a robust system in place,” said Brinley. car news“Having enough players is a big enough problem that it’s reasonable to take time.”

S&P Global Mobility estimates that there are approximately 126,500 Level 2 and 20,431 Level 3 public charging stations in the United States. These estimates do not include 16,822 Tesla Superchargers and Tesla Destination Chargers. The increase in chargers has already started and could gain momentum. In 2022 alone, there will be more chargers than in the previous three years combined. About 54,000 Level 2 chargers and 10,000 Level 3 chargers were added last year.

The Level 1 charger plugs into a standard wall outlet. According to the EVgo charging network, it is the slowest and most basic EV charger for charge rates of 20+ hours. A Level 2 charger will power the EV in 5-6 hours. According to EVgo, Level 2 chargers are often installed at homes, workplaces or public shopping centers where vehicles are parked for long periods of time. Level 3 chargers require a much larger grid connection and take 15-20 minutes to recharge most of an EV’s charge.

According to reports, Americans could drive nearly 8 million electric vehicles by 2025. That’s quite a leap from his 1.9 million EVs currently on the road. President Joe Biden set a goal last year to raise money to install his 500,000 charging stations across the country by 2030.

These 500,000 are just part of a broader push to expand our infrastructure. S&P Global Mobility estimates that about 700,000 Level 2 chargers and 70,000 Level 3 chargers will be needed to support the EV fleet in 2025. In two years, the company expects 1.2 million Level 2 chargers and 109,000 Level 3 chargers will be required. S&P Global Mobility estimates that by 2030, the US will need 2.13 million Level 2 public chargers and 172,000 Level 3 public chargers. This is more than eight times the number of charging stations currently available.

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