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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador6/30/2019 2:44:02 AM
   of 13801
 
“The problem is that the charging infrastructure doesn’t have a viable business model yet,” says David Greene, a professor of civil and environmental engineering at the University of Tennessee.

“Although, there are some companies who are working on it really hard.” Private firms like EvBox and ChargePoint are looking to radically expand the number of available charging stations, but these plans depend on exponential growth in the sale of EVs.

ChargePoint is looking to add 2.5 million charging stations to its global network of just 50,000, a goal it says is based on a “conservative view” of future EV sales.

There is also the fact that the technology isn’t standardized. Different cars use different plugs. Ford and GM use one kind. Tesla uses another. Fast charging requires a different kind altogether. So, while charging stations dot the country, not every station meets every driver’s needs. Until manufacturers arrive at an industry standard–or policymakers mandate that standard–“charging stations are going to need to have two or three different types of plugs, and people will need to be able to charge at different speeds because their car might not have a supercharger,” Sifuentes says.

Everybody wants EV charging stations, but barely anyone is building them
“The problem is that the charging infrastructure doesn’t have a viable business model yet.”
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