Title: Investing in Public Electric Vehicle Charging Networks - Nanalyze
Headings: Investing in Public Electric Vehicle Charging Networks
Investing in Public Electric Vehicle Charging Networks
The Economics Behind EV Charging Stations
The Growth of Public Electric Vehicle Charging Networks
Conclusion
Published: June 12, 2019

Content: As the total number of electric cars worldwide passed 3 million in 2017, the number of private charging stations was just shy of 3 million. Passenger car owners primarily use their charge points at home, opting for public charging on the rare occasion when they take longer trips. With the range of EVs increasing about 15% with every model year, we’re slowly inching towards the 400-mile median range of gasoline cars, where long-distance trips become more frequent and the demand for public charging networks is likely to grow. Here’s a look at that growth so far. 2014
2015
2016
2017
2018
No. of Public Charging Stations Globally
108,000
184,000
313,000
430,000
600,000
Growth (%)

70%
70%
37%
40%
No. of EVs Globally
700,000
1,230,000
2,000,000
3,100,000
5,100,000
Growth (%)

76%
63%
55%
65%
Credit: The International Energy Agency, Bloomberg
The Economics Behind EV Charging Stations
Public chargers need to be quick. Nobody wants to spend a Saturday afternoon in McDonald’s waiting for their car to power up and getting fatter. Not all chargers are created the same, and right now there are three types of charging stations available with varying performance levels.