Yet look beyond the glamorous, shiny vehicles stuffed with the latest technology that are the obvious embodiment of the EV revolution, and you can see a merciless bottleneck ready to foul things up. Not even those eyeing an EV purchase are sufficiently aware of it. Governments are only waking up to the problem around now. Put simply: how will all these EVs get charged?
To the problem of woefully few public chargers, add the poor operational record of the charging industry thus far. On paper, the number currently exceeds what some authorities reckon is needed. The European Commission, for example, thinks every ten electric vehicles require one public charger. According to the Boston Consulting Group , a consultancy, there are now five EVs per charging point in the European Union and China and nine in America.
Drivers can smell trouble ahead. Range anxiety and the availability of public charging is a huge issue . In a recent survey by AlixPartners, a consultancy, in the seven countries that make up 85% of global EV sales, the cars’ high prices came third on the list of main reasons not to switch to battery power; the four others were all anxieties related to charging.
Nonetheless, home and workplace charging only gets drivers so far. As EV ownership spreads from wealthier households to people living in flats or dwellings without the ability to plug in at home, a public network becomes more and more vital. In America, Europe and China, demand for public charging as opposed to private is expected to increase . Public chargers come in three varieties.
Expansion is coming fast, say some. Along with all the momentum from EV-phile governments, the opportunity to make money charging the world’s expanding fleet means that “hyperbolic growth” is on the way, insists James West of Evercore ISI, a bank. But exactly how many public chargers are needed for each EV on the road is “an open question” notes Bank of America.
Specialist charging firms are also expanding quickly. Several have come to public markets during the past year. None of them are profitable, and their revenues are tiny for now, but their market capitalisations are increasing. The most highly valued is ChargePoint, which is based in America with 44% of the public-charging market there; it is also expanding in Europe.
Misleading facts as 90% of EV charging actually is done at home and not on our highways and service stations.
The electric car is being pushed to the market as a virtue signaling mean. All the monetary incentives and the shaming into being green have created an artificially inflated market for unaffordable and unpractical Electric vehicles. Batteries and charging stations are bottlenecks
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I'm waiting to see what happens when they all need new batteries or CA power prices skyrocket.
You should all see the Tesla charging station in the everglades. It's so busy you would think they are mining gold.
How to power-up in 'dark-doldrums' ? There shall be power from the outlet ? So - you would need a hot-stand by - of entire 'other power-plants - ... real ones ... base-load-capable 😂
good
Electricity doesn't pop out of the air. It needs a source. Where is the source for all of these electric-powered vehicles, etc., going to come from? Going green is a nice dream, but if there is not enough energy, it will be a nightmare.
Don’t most people charge at home?
motores elétricos são para indústria automotiva, como o cd foi para a computação, uma tecnologia transitória. Hidrogênio é o futuro senhores.
Y después tendremos el problema de contaminación por las baterías que ya no se usan y ya no tienen re-uso.
See
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