Charging stations

Wireless Electric Vehicle Charging Market to Reach $1.4 Bn, Globally, by 2025 at 22.4% CAGR: Allied Market Research

Retrieved on: 
Wednesday, April 17, 2019
Electric vehicles, Charging stations, Electric power, Sustainable transport, Inductive charging, Energy, Green vehicles

According to the report, the global Wireless electric vehicle charging market generated $21.8 million in 2017 and is projected to reach $1.4 billion by 2025, registering a CAGR of 22.4% from 2018 to 2025.

Key Points: 
  • According to the report, the global Wireless electric vehicle charging market generated $21.8 million in 2017 and is projected to reach $1.4 billion by 2025, registering a CAGR of 22.4% from 2018 to 2025.
  • Increase in sales of electric vehicles and growing demand for energy-efficient sources have fueled the growth of global Wireless electric vehicle charging market.
  • Furthermore, China dominates the electric vehicle chargers market in Asia-Pacific, similarly, the U.S. dominates the electric vehicle charger market in North America and UK leads the electric vehicle chargers market in European region.
  • Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.

Wireless Electric Vehicle Charging Market to Reach $1.4 Bn, Globally, by 2025 at 22.4% CAGR: Allied Market Research

Retrieved on: 
Wednesday, April 17, 2019
Electric vehicles, Charging stations, Electric power, Sustainable transport, Inductive charging, Energy, Green vehicles

According to the report, the global Wireless electric vehicle charging market generated $21.8 million in 2017 and is projected to reach $1.4 billion by 2025, registering a CAGR of 22.4% from 2018 to 2025.

Key Points: 
  • According to the report, the global Wireless electric vehicle charging market generated $21.8 million in 2017 and is projected to reach $1.4 billion by 2025, registering a CAGR of 22.4% from 2018 to 2025.
  • Increase in sales of electric vehicles and growing demand for energy-efficient sources have fueled the growth of global Wireless electric vehicle charging market.
  • Furthermore, China dominates the electric vehicle chargers market in Asia-Pacific, similarly, the U.S. dominates the electric vehicle charger market in North America and UK leads the electric vehicle chargers market in European region.
  • Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.

EVgo is first North American EV Charging Network to Deploy Autocharge Technology, Enabling an Instant Start-Your-Charge Experience Without Apps or Cards

Retrieved on: 
Monday, April 15, 2019
Charging stations, Electric vehicles

LOS ANGELES, April 15, 2019 /PRNewswire/ --EVgo, the nation's largest public fast charging network, today became the first North American EV charging network to debut Autocharge technology.

Key Points: 
  • LOS ANGELES, April 15, 2019 /PRNewswire/ --EVgo, the nation's largest public fast charging network, today became the first North American EV charging network to debut Autocharge technology.
  • "Autocharge technology saves EVgo members time and makes fast charging as simple as plugging in and walking away," said Ivo Steklac, EVgo's Chief Technology Officer.
  • "As the first EV charging network to launch Autocharge in North America, EVgo continues to build on our track record of delivering industry-leading customer experience for our members and partners."
  • "This technology not only further simplifies the EV charging experience, but also eliminates much of the hassle associated with RFID-card management."

Demand for Electric Vehicles Outpacing Hawai'i Charging Infrastructure

Retrieved on: 
Friday, April 12, 2019
Electric vehicles, Charging stations, Energy, Transport, Ulupono Initiative, Electric vehicle, Electric cars, Electric vehicle conversion

In a white paper titled "The Extra Mile: Why Electric Vehicles Make Sense for Hawai'i's Economy, Environment and Communities," Ulupono Initiative concludes there are simply not enough public charging stations throughout the state to support the ever-growing number of EVs being purchased by residents.

Key Points: 
  • In a white paper titled "The Extra Mile: Why Electric Vehicles Make Sense for Hawai'i's Economy, Environment and Communities," Ulupono Initiative concludes there are simply not enough public charging stations throughout the state to support the ever-growing number of EVs being purchased by residents.
  • "Postponing investments in such infrastructure is unlikely to generate cost savings.
  • Requiring new facilities to be EV-ready adds less than 1 percent to the cost of development, while installing EV infrastructure post-construction costs three times more.
  • Attached: "The Extra Mile: Why Electric Vehicles Make Sense for Hawai'i's Economy, Environment and Communities."

EVgo Balances EV Fast Charging With 14 Battery Storage Systems Across 11 EVgo Fast Charging Stations

Retrieved on: 
Thursday, April 11, 2019
Electric vehicles, Energy, Charging stations, Battery types, Transport, Electric vehicle, Lithium-ion battery, Inductive charging, Electric vehicle network, Vehicle-to-grid

LOS ANGELES, April 11, 2019 /PRNewswire/ --EVgo, the nation's largest public fast charging network, announced today that it has completed or has in construction 14 battery storage systems located at 11 fast charging stations, the largest deployment of battery storage systems at public fast charging stations in the nation.As electric vehicles surge in popularity, EVgo's fast charging network provides a stable and growing load to the grid.Battery storage systems can offer relief to demand charge rate structures that inhibit fast charging deployment and EV adoption, as well as load balancing as fast charging stations increase in scale and power.With more than 1,100 fast chargers in 34 states, EVgo electrified more than 75 million miles for electric vehicle drivers across the country in 2018.

Key Points: 
  • LOS ANGELES, April 11, 2019 /PRNewswire/ --EVgo, the nation's largest public fast charging network, announced today that it has completed or has in construction 14 battery storage systems located at 11 fast charging stations, the largest deployment of battery storage systems at public fast charging stations in the nation.As electric vehicles surge in popularity, EVgo's fast charging network provides a stable and growing load to the grid.Battery storage systems can offer relief to demand charge rate structures that inhibit fast charging deployment and EV adoption, as well as load balancing as fast charging stations increase in scale and power.With more than 1,100 fast chargers in 34 states, EVgo electrified more than 75 million miles for electric vehicle drivers across the country in 2018.
  • "As electric vehicles advance to accept higher power charging rates, energy storage will play a growing role in balancing the load of larger and higher power stations."
  • Partners with EVgo in battery storage include Engie Storage for storage systems, Princeton Power for inverters, and Samsung and BMW for batteries.
  • EVgo's fast chargers are compatible with all EV models currently on the market that accept DC Fast Charging.

Electric Vehicle Market Worth 10.79 million Units by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2019
Electric vehicles, Charging stations, Electric vehicle conversion, Transport, Motor vehicles, Plug-in hybrid, Vehicle electrification, Electric vehicle, CHAdeMO, Electric car use by country, Electric car

CHICAGO, April 9, 2019 /PRNewswire/ -- According to the new market research report " Electric Vehicle Market by Propulsion (BEV, PHEV, FCEV), Vehicle (PC, CV), Charging Station (Normal, Super, Inductive), Charging Infrastructure (Normal, Type-2-AC, CHAdeMO, CCS, Tesla SC), Power Output, Installation, and Region - Global Forecast to 2025", published by MarketsandMarkets, the Global electric vehicle sales are projected to grow at a CAGR of 32.57% from 1.50 million units in 2018 to 2025, to reach 10.79 million units by 2025.

Key Points: 
  • CHICAGO, April 9, 2019 /PRNewswire/ -- According to the new market research report " Electric Vehicle Market by Propulsion (BEV, PHEV, FCEV), Vehicle (PC, CV), Charging Station (Normal, Super, Inductive), Charging Infrastructure (Normal, Type-2-AC, CHAdeMO, CCS, Tesla SC), Power Output, Installation, and Region - Global Forecast to 2025", published by MarketsandMarkets, the Global electric vehicle sales are projected to grow at a CAGR of 32.57% from 1.50 million units in 2018 to 2025, to reach 10.79 million units by 2025.
  • In 2018, the sales of electric vehicles comprises of BEV and PHEV crosses 2 million units mark.
  • Refillable batteries can fuel the market for electric vehicles market.
  • Additionally, In 2018, the sales of electric vehicles comprises of BEV and PHEV in China crosses 2 million units mark.

Electric Vehicle Market Worth 10.79 million Units by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2019
Electric vehicles, Charging stations, Electric vehicle conversion, Transport, Motor vehicles, Plug-in hybrid, Vehicle electrification, Electric vehicle, CHAdeMO, Electric car use by country, Electric car

CHICAGO, April 9, 2019 /PRNewswire/ -- According to the new market research report " Electric Vehicle Market by Propulsion (BEV, PHEV, FCEV), Vehicle (PC, CV), Charging Station (Normal, Super, Inductive), Charging Infrastructure (Normal, Type-2-AC, CHAdeMO, CCS, Tesla SC), Power Output, Installation, and Region - Global Forecast to 2025", published by MarketsandMarkets,the Global electric vehicle sales are projected to grow at a CAGR of 32.57% from 1.50 million units in 2018 to 2025, to reach 10.79 million units by 2025.

Key Points: 
  • CHICAGO, April 9, 2019 /PRNewswire/ -- According to the new market research report " Electric Vehicle Market by Propulsion (BEV, PHEV, FCEV), Vehicle (PC, CV), Charging Station (Normal, Super, Inductive), Charging Infrastructure (Normal, Type-2-AC, CHAdeMO, CCS, Tesla SC), Power Output, Installation, and Region - Global Forecast to 2025", published by MarketsandMarkets,the Global electric vehicle sales are projected to grow at a CAGR of 32.57% from 1.50 million units in 2018 to 2025, to reach 10.79 million units by 2025.
  • In 2018, the sales of electric vehicles comprises of BEV and PHEV crosses 2 million units mark.
  • Refillable batteries can fuel the market for electric vehicles market.
  • Additionally, In 2018, the sales of electric vehicles comprises of BEV and PHEV in China crosses 2 million units mark.

Fastned Triples Revenues in the First Quarter of 2019

Retrieved on: 
Tuesday, April 9, 2019
Electric vehicles, Charging stations, Electric power, Electric car, Inductive charging, Energy, Vehicles

Fastned, the charging company which is building a European network of fast charging stations, continued its rapid growth in the first quarter of 2019.

Key Points: 
  • Fastned, the charging company which is building a European network of fast charging stations, continued its rapid growth in the first quarter of 2019.
  • The market share of fully electric cars sold in the Netherlands as a share of new car sales rose to 7,32% in the first quarter of 2019, up from 3,15% in the same quarter last year[1].
  • Starting with this report on the first quarter of 2019, the Revenues reported includes sales of electricity and maintenance fees and other operating revenues.
  • The presented growth of Revenues in Q1 2019 compared to Q1 2018 is on a like-for-like basis.

Fastned Achieves Revenue Growth of 195% in 2018

Retrieved on: 
Tuesday, April 2, 2019
Electric vehicles, Charging stations, Netherlands, Electric car, Countries, Vehicles, Transport

Michiel Langezaal, CEO of Fastned: "The number of electric cars on the Dutch roads has more than doubled in the past year and this is reflected in our figures.

Key Points: 
  • Michiel Langezaal, CEO of Fastned: "The number of electric cars on the Dutch roads has more than doubled in the past year and this is reflected in our figures.
  • Revenues, volume and number of customers nearly tripled in 2018.
  • Anticipating further growth of the number of electric cars, Fastned continued to invest in the development of new locations and new stations.
  • Fastned is simultaneously building fast charging stations in the Netherlands, Germany and the United Kingdom and is preparing for expansion in Belgium,Switzerland and France.

EV Charging Points To Grow From 3 Million To 53.9 Million In 2028

Retrieved on: 
Thursday, March 28, 2019
Electric vehicles, Charging stations

Currently, there are just 3 million charging points globally but this number is set to grow to 53.9 million by 2028, creating a $55.7 billion market, according to a new study published today by Northeast Group, LLC.

Key Points: 
  • Currently, there are just 3 million charging points globally but this number is set to grow to 53.9 million by 2028, creating a $55.7 billion market, according to a new study published today by Northeast Group, LLC.
  • "Additionally, utilities are now offering special EV rates that will make home charging even more attractive.
  • Of the 53.9 million total EV charging points in 2028, we project 48.4 million will be residential 'level 2' chargers."
  • Automakers are devoting more resources to electrification, and in many cases are also directly contributing to the buildout of EV charging infrastructure.