• The cost of electricity from the utility providers. In extreme instances, the cost may be twice as high on one side of the highway as on the other. The volume of available data is vast, so charging station operators rely on data science and artificial intelligence (AI) to identify trends and build out EV charging infrastructure that will best meet forecast demand. EV CHARGE POINT GROWTH BY POWER RATING Infineon’s white paper, “ Realizing the future of fast EV charging through CoolSiC based topology design ,” cites Yole Développement’s 2021 research report, “ DC charging for EV: a decisive outlook for the power electronics industry ” to predict that high-end DC fast charging at 100 kW to 200 kW will see a 30% CAGR during the next few years, the fastest in the sector, but even sub-50 kW charging posts will see double-digit growth.
The EV charger market will see double-digit growth at every power level but the 100 kW to 200 kW segment will see the fastest growth as public charging infrastructure investment soars. The sub-50 kW segments will remain the largest EV charger market in terms of the number of units sold. The convenience of at-home charging and the lower cost of low-power chargers are the prevailing factors for this. However, when charging needs to take a little more time than that needed to fill a diesel or gasoline car, high-power DC fast chargers are the only answer. As a result, growth in their demand for public charging infrastructure is assured. EVstatistics.com reported in May 2022 that 70% of Electrify America’s US DC fast chargers are 150 kW, so that appears to be the sweet spot for public charging stations.
TEETHING TROUBLES WITH DC FAST CHARGING
Some concerns have been raised that DC fast charging will reduce the operating life of batteries,
The EV charger market will see double-digit growth at every power level but the 100 kW to 200 kW segment will see the fastest growth as public charging infrastructure investment soars.
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