A 2020 report published by the International Energy Association estimates that there will be 245 million electric vehicles on the roads by 2030. This means that there has to be a robust electric charging station infrastructure installed and in place by that time. This creates a need for widespread electric vehicle charging station installations in homes, offices, and other businesses. Here are a few little-known facts about electric vehicle charging stations:
1 – Experts Expect the Percentage of Electric Vehicles within the Overall Vehicle Stock to be 30% by 2030
The EV30@30 initiative aims for the global passenger electric vehicle stock to consist of at least 30% EVs by 2030. This target assumes an annual growth rate of about 36% between 2019 and 2030.
2 – Interest in Electric Vehicles Has Been Increasing Steadily
As of 2020, nearly 1.8 million EVs were registered in the U.S., more than three times as many as in 2016, according to the International Energy Agency (IEA). In a recent Pew Research Center survey, 7% of U.S. adults already have an electric or hybrid vehicle, and 39% stated they are very or somewhat likely to seriously consider buying an electric vehicle the next time they’re in the market for a new vehicle.
3 – Electrical Vehicle Charging Station Installations Also Rising Steadily
According to the evadoption.com website, the number of DC fast chargers grew by more than 4,200 ports, a 24 percent increase at the end of 2021 versus year-end 2020. EV charging infrastructure construction initiatives have been earmarked with $7.5 billion, combined with the Department of Energy’s low-interest loan program, an expected doubling of new EV sales in the US, and nationwide companies such as Circle K and 7-Eleven getting into providing EV charging infrastructure, ensures more significant growth in 2022.
4 – New Homes Required to Provide EV Charging Stations
In the UK, EV charging stations installed in new homes have been a standard practice for several years. In 2020 the International Code Council (ICC) approved US building code changes to ensure that all new homes are “EV ready” by mandating EV charging station installation. Soon the electrical infrastructure for EVs will be as common as installing a 240-volt outlet for home appliances.
5 – Off-Grid Solar Charging Stations Technology Emerging
A combination of highly efficient solar panels and solar storage solutions makes an electric vehicle charging station feasible. This is especially helpful for those who don’t travel far or often in their electric vehicles.
Need an EV Charging Station or Solar Storage Solution Installation?
Give Tri-State Electrical Contractors a call at (423) 800-2134, fill out our simple online form, or email us at email@example.com Our industrial and commercial electricians understand the components, infrastructure, and needs of these options.