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The U.S. needs to triple the number of EV charging stations by 2025

According to auto industry forecaster S&P Global Mobility, the number of electric vehicle charging stations in the United States must triple by 2025 to meet the charging demand of electric vehicles.

While many electric car owners charge their vehicles through home charging stations, the country will need a robust public charging network as automakers begin selling mostly electric vehicles in the United States.

 S&P Global Mobility estimates that electric vehicles account for less than 1% of the 281 million vehicles currently on the road in the United States, and that between January and October 2022, electric vehicles accounted for about 5% of new vehicle registrations in the United States, but that share will soon increase. According to a Jan. 9 report by Stephanie Brinley, director of automotive intelligence at S&P Global Mobility, electric vehicles could account for 40 percent of new vehicle sales in the United States by 2030.

According to S&P Global Mobility, there are currently about 126,500 Level 2 public charging stations in the United States and 20,431 Level 3 public charging stations (this figure does not include 16,822 Tesla Superchargers and Tesla Destination charging stations). Today, the increase of charging piles has begun, and the speed may be faster and faster. In 2022 alone, the U.S. added more charging piles than the previous three years combined, with the country adding about 54,000 Level 2 charging piles and 10,000 Level 3 charging piles last year.

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Charging network operator EVgo said that level 1 charging pile is the slowest, it can plug into a standard outlet in the customer's home, charging time takes more than 20 hours; Level 2 charging stations, which take five to six hours to charge, are usually installed in homes, workplaces or public shopping malls, where vehicles are parked for longer periods of time; Level 3 chargers are the fastest, taking only 15 to 20 minutes to recharge most of the electric car's charge.

According to a report by S&P Global Mobility, there could be nearly 8 million electric vehicles on the road in the United States by 2025, compared with the current total of 1.9 million electric vehicles. Last year, President Joe Biden set a goal of building 500,000 charging stations across the country by 2030.

But S&P Global Mobility says the 500,000 stations are not enough to meet demand, and the agency expects the U.S. will need about 700,000 Level 2 and 70,000 Level 3 charging points in 2025 to meet the demand of the electric fleet. By 2027, the United States will need 1.2 million Level 2 charging points and 109,000 level 3 charging points. By 2030, the United States will need 2.13 million Level 2 and 172,000 Level 3 public charging points, more than eight times the current number.

 S&P Global Mobility also expects the pace of development of charging infrastructure to vary from state to state. Analyst Ian McIlravey said in the report that states that follow the zero emission vehicle goals set by the California Air Resources Board are likely to have more consumers buy electric vehicles, and the charging infrastructure in those states will develop faster.

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In addition, as electric vehicles evolve, so will the ways in which owners can charge their vehicles. According to S&P Global Mobility, switching, wireless charging technology, and the increasing number of consumers installing wall-mounted charging stations in their homes could change the charging model of electric vehicles in the future.

Graham Evans, director of Global Mobility research and analysis at S&P Global Mobility, said in the report that charging infrastructure "must surprise and delight owners who are new to electric vehicles, making the charging process seamless and even more convenient than the refueling experience, while minimizing the impact on the vehicle ownership experience." In addition to the development of charging infrastructure, the development of battery technology, as well as the charging speed of electric vehicles, will also play a crucial role in improving the consumer experience."

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Post time: Mar-21-2025