EV charging points to reach 12.7m units by 2020, as e-vehicle production picks up pace
If there was ever any doubt about the growing popularity of electric vehicles, news that EV charging points will rise dramatically in the next five years should put paid to any uncertainty.
A new study from research firm IHS Automotive has found that the global EV charger market is expected to rise dramatically, from more than 1 million units in 2014 to more than 12.7 million units in 2020, Fleet News has reported.
Looking at Europe, the study found that the UK, Netherlands and Norway lead the way in terms of the number of charging station deployments.
Meanwhile, the global production market for pure electric and plug-in hybrid electric (PHEV) vehicles is also expected to grow significantly between 2014 and 2020.
Ben Scott, senior analyst at IHS, commented: "Deployments of EV charging stations are critical to enable a widespread adoption of electric plug-in vehicles."
Most charging stations are expected to be installed in domestic applications, such as a dedicated wall box or simply a charging cord plugged into a household power source,he added.
The most common type of plug-in vehicle charging type is AC stations, which are an inexpensive and convenient way of charging that requires much smaller upgrades of the electricity grid, said Scott. On the other hand, DC charging is the method used for 'en route' charging.
The two types of charging relate to two different types of electricity. In short, AC electricity can be transmitted over long distances, while DC can be stored easily in batteries.
According to IHS, AC charging will be crucial in the public domain of the EV charging infrastructure. Approximately 10% of EV charging stations will be within the public or semi-public domain by 2020, while global DC charging stations are expected to remain relatively low in number and will be located on the outskirts of cities and highway infrastructure, away from dense urban areas.