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Infrastructure - JANUARY 10, 2023

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EV Chargers: How many do we need?

by Andrea Zander

Supporters of vehicle electrification point to the more than 140,000 electric vehicle (EV) charging stations currently deployed across the United States — including level 2 AC and level 3 DC fast chargers and both public and restricted access units — as a sign that a budding system to support the nature’s transportation transformation is in place, according to the S&P Global Mobility Special Report.

However, S&P Global Mobility data shows that the charging infrastructure is not nearly robust enough to fully support a maturing electric vehicle market.

Even when home charging is taken into account, to properly match forecasted sales demand, the United States will need to see the number of EV chargers quadruple between 2022 and 2025 and grow more than eightfold by 2030, according to S&P Global Mobility forecasts.

 

“The transition to a vehicle market dominated with electric vehicles (EVs) will take years to fully develop, bu

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