Situation
Electric car demand is accelerating, as sales are expected to grow from more than 2 million in 2018 to 56 million by 2040, capturing 57 percent share of the entire car market.1 But before this forecast becomes reality, many more battery chargers must be deployed. The International Energy Agency forecasts the number of publiclyaccessible (slow and fast) chargers will grow from 3.5 million in 2020 to 22.1 million in 2030, a greater than six times increase (as shown in Figure 1).
To help meet this electric vehicle (EV) charger demand, systems integrators and solution providers must deliver solutions for a wide range of charging venues and station operators. Electric car owners may choose to charge their cars at home or at public areas and commercial locations, like apartment complexes, workplaces, shopping malls, and libraries. The operators of these stations may be individuals, energy apartment complex owners, energy service providers, commercial businesses, etc.
To help meet this electric vehicle (EV) charger demand, systems integrators and solution providers must deliver solutions for a wide range of charging venues and station operators. Electric car owners may choose to charge their cars at home or at public areas and commercial locations, like apartment complexes, workplaces, shopping malls, and libraries. The operators of these stations may be individuals, energy apartment complex owners, energy service providers, commercial businesses, etc.
