With pending new investments in charging infrastructure, the report provides insights regarding where chargers should optimally be installed
Alexandria, Va.—Fuels Institute’s Electric Vehicle Council has announced the release of its newest report, “EV Charger Deployment Optimization: An Analysis of U.S. State-level Electric Vehicle Supply Equipment Demand Forecast and Supporting Infrastructure Considerations.”
The report, which was written by S&P Global Mobility, was designed to help the market and government determine how to best support the expansion of the EV market with the strategic installation of charging stations.
The report can be downloaded HERE.
Among the key findings:
- The report forecasts EV adoption nationally to reach almost 6% of vehicles in operation by 2030. If accurate, to satisfy an optimal vehicle to charger ratio of about 10:1, the U.S. will need as many as 1.7 million charging stations, of which more than 90% could be strategically deployed Level 2 chargers.
- EV adoption rates vary greatly by state, with 82% of all EVs in 2021 registered in just 15 states. By 2030, this concentration is forecast to remain high with the top 15 states hosting 76% of all EVs.
- Given the diversity of population, market conditions, and travel patterns, there is no one-size-fits-all solution across the U.S. The report leverages a census track market analysis to prioritize EV charger deployment by state.
- To assist with strategic planning and analysis, the report presents three case studies detailing the benefits of market-specific insights when considering EV deployment plans. Cities profiled include Detroit; Dallas; and Portland, Ore.
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