Electric Cars
EV Charging Infrastructure: Growing for Commercial Fleets Too
2024-12-09
Although there has been a considerable amount of pessimism lately, the sales of electric vehicles continue to ascend. Even though the growth rate is not as rapid as many had anticipated, this trend holds true in the commercial vehicle sector as well. According to Cox Automotive, an astounding 87 percent of vehicle fleet operators plan to incorporate EVs within the next five years, and more than half believe they are likely to make EV purchases this year. However, the question of where and when to plug these EVs to charge poses a potential headache for fleet operators.
Good News: Charging Infrastructure Expansion
The good news is that the charging infrastructure is indeed witnessing significant growth. Despite the perception that it might not be happening at a rapid pace, the $7.5 billion allocated under the Inflation Reduction Act for charging infrastructure needs to be disbursed through state departments of transportation. This process has not been straightforward and has not been rapid. Nevertheless, according to the Joint Office of Energy and Transportation, the total number of public charging plugs has doubled since 2020. Currently, there are more than 144,000 level 2 plugs and is approaching 49,000 DC fast charger plugs.Challenges in Building Out Charging Stations
When constructing a charging station with multiple chargers, there are several factors that can throw off the planned timeline. Firstly, adequate funds are essential. If these funds are to be obtained through grants like the National Electric Vehicle Infrastructure program, it has to wait for each state to develop its own funding plans. Then, these plans need to be opened for submissions, and only after that, a project can be approved. This sequential process can lead to delays.Permitting also adds a significant amount of time to the process. Additionally, there is the need to ensure a sufficient power supply to the charging site. Amber Putignano, the market development leader at ABB Electrification, pointed out that "The challenge is getting the power to the points that it needs to be used. The good thing is that the rollout for EV is not happening overnight, and it’s staged. So that does give some opportunity."ABB's Work in Charging Corridors
For instance, ABB has been collaborating with Greenlane, a $650 million joint venture involving Daimler Truck North America, NextEra Energy Resources, and BlackRock. As Greenlane builds a series of charging corridors along freight routes, it has started with a 280-mile (450 km) stretch of I-15 between Los Angeles and Las Vegas. This initiative showcases the practical implementation of charging infrastructure development and highlights the efforts being made to address the challenges faced by fleet operators.Benefits and Future Prospects
The growth of electric vehicle charging infrastructure not only benefits fleet operators but also has a broader impact on the environment and the transition to sustainable transportation. As more charging stations are established, it becomes easier for electric vehicle owners to travel longer distances without the fear of running out of charge. This, in turn, encourages more people to switch to electric vehicles, contributing to the reduction of greenhouse gas emissions and the improvement of air quality.Looking ahead, with continuous investments and efforts in expanding the charging infrastructure, the future of electric vehicles looks promising. The challenges faced today are being addressed, and as technology advances, charging times will likely decrease, making electric vehicles an even more viable option for consumers and fleet operators alike.