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The Power Players of EV Recharging Market


U.S. Electric Vehicles (EV) sold Annually should top 1 Million by 2025 and 3 Million in 2030. Today, around 80% of Car Charging is done at Home, but Range Anxiety, the Fear of being unable to Recharge on a Long Trip, is dissuading many Drivers from switching to Clean Energy. That's why a Large Charging Network is key to unleshing demand for EVs

These Companies are among the mmany trying to Dominate the New EV Recharging Market.

TESLA

When Telsa launched, there was No National Charging Network to allow Buyers of its Cars to go to on Long Trips. Tesla built its own, initially offering Free Access.

Today, Tesla has more than 25,000 Fast Chargers Worldwide. Though it added Charging Fees in 2017, Tesla insists Super Chargers will never become a Profit Cener.

In 2021, they have a Converter, that will allow other Manufactuer's Vehicles to use their Super Chargers.

CHARGEPOINT

Founded in 2007, ChargePoint sells Car Chargers for Homes, Businesses, and Commercial Fleets, that come with Subscription Software enabling Bigger Customers to Manage Charging Vehicles themselves.

A Mobile App connects Drivers with Charging Stations.

BLINK CHARGING

Blink Designs, Makes, and Owns, Car Charging Stations.

In addition to Selling Power to Drivers at its Public Stations, the Company Sells Chargers to Homes and Businesses.

VOLTA

Names after Alessandro Volta, Inventor of the Electric Battery, this Company has an Ad-Supported Business Model that lets it offer Charging at many of its Stations for Free.

The Company's Strategy is to install its Chargers, which have Built-In Digital Screens for displaying Ads, at busy Shopping Malls and Grocery stores.

EVGO

EVgo specializes in DC Fast Charging, the segment it believes is poised for the Greatest Growth.

The Company partners with Grocery stores, Hotels, and Parking Lot Operators to install it Chargers, making Money from selling Electricity to Drivers.

ChargePoint CEO, Pasquale Romano, says: A hundred years of human driving has told us where people like to stop.










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This post first appeared on The Independent View, please read the originial post: here

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The Power Players of EV Recharging Market

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