BESEN , leading the EV charging to a better way!
There’s no denying that electric vehicles are getting more popular by the day. With every passing year, the market share of EVs is rising at a tremendous rate. However, one of the things holding the EV industry back was the charging infrastructure. But, things are getting much better now, and it shows that EV sales have been skyrocketing lately. In this post, we figured out the current state of the world's EV charging infrastructure. But first, let’s take a look at why the infrastructure matters in the first place.
What is EV Charging Infrastructure and Why does it Matter?
Imagine a world where there are no petrol pumps, would you be able to drive your petrol vehicles around? No.
In the same way, it wasn’t possible to daily-drive electric vehicles a decade ago due to the lack of charging stations. An EV charging station is a charger that you use to fill up the juice in your EV. If there are no EV charging stations, you won’t be able to drive your EV. The overall number of public EV charging stations in a geographical area depicts its charging infrastructure. Better infrastructure means there are more publicly available chargers for people to charge their EVs with. While the charging infrastructure was underwhelming some years ago, it’s gotten pretty good nowadays. That said, let’s take a look at the top countries that have worked on their EV charging infrastructures the most.
Overview of EV Charging Station Infrastructure Around the World
China has been recognized as the country adapting EVs at the fastest rate. In 2021, there were more than 3 million EVs sold here, which is more than any other country. Furthermore, the market share of EVs in China has been growing rapidly each year, and it doesn’t seem to stop. Plus, China is also leading in the total number of EV chargers in the world. Simply put, China has multiple times more EV chargers than any other country in the world. Plus, the ratio of fast-to-slow chargers is also pretty high. All in all, there were more than 470,000 fast chargers and 677,000 slow chargers in China in 2021. 2022’s statistics haven’t been released yet, but it’s expected that the number would grow higher.
2. the United States
The United States has also been adapting to EVs at a rapid pace. Although the progress of EV charging infrastructure in the US isn’t close to that of China, it’s still remarkable. At the end of 2021, the US had more than 110,000 EV chargers, around 90,000 of them were slow chargers while the remaining 20,000 were fast chargers. Again, even though these numbers aren’t comparable to China’s, it’s still been a massive improvement over the last several years, which is part of the reason why EVs are being adopted so quickly in the US as well.
3. South Korea
Close behind in the third spot is South Korea. According to 2021 statistics, there were more than 115,000 public EV charging stations in the country at the end of the year. Around 90,000 of them were slow chargers, and the remaining 15,000 were fast chargers.
4. The Netherlands
The Netherlands has also been doing great work to increase the adaption rate of electric vehicles throughout the country. And a part of that movement includes installing publicly available EV chargers for easy access.
At the end of 2021, the Netherlands had more than 82,000 publicly available slow EV chargers. While the number of fast chargers is still only around 2,500, it’s better than nothing. Plus, the rising number of slow chargers will eventually lead to the growth of fast chargers as well.
Another country to pop up on the list of top EV-charger countries is France. According to 2021 statistics, there were around 50,000 slow EV chargers in France while around 4,500 were fast EV chargers.
Again, the number might be drastically less than the top names in the list, but France still makes it in the top 5.
Should We Expect the Infrastructure to Grow Soon?
Even though the market share of electric vehicles is still pretty small when compared to overall automobile sales, the industry is going to thrive in the years to come, without a doubt.
Governments around the world are doing everything they can to implement EV charging solutions on a public level, as well as bring affordable EVs to their markets. Everyone now knows about the efficiency, performance, and fuel benefits of EVs. So, it’s expected that more people to get an EV as their next car. When the number of EVs in a country rises, the number of chargers is also going to follow suit. So, we can expect to see a massive rise in the growth of EV charging infrastructure in the next several years. According to IDTechEX’s research, there will be more than 100 million electric cars on the roads of the globe by 2030. These will include cars, vans, buses, and even trucks. This research also states the per-year worth of global EV charging infrastructure will rise up to $40 billion. So, it’s safe to say EV charging infrastructure has set foot on the right track and will grow exponentially in the years to come.
The Bottom Line
The bottom line is that it’s not only about the public EV charging stations. EV charger manufacturers like Besen also play a massive role in improving the overall adaption rate. If you’re thinking of getting your own, private EV charging station for your home or organization, Besen is the way to go. At Besen, we have been creating top-quality EV equipment for more than 12 years, which gives us the authority to be the best in the business. Interested? Check out our portfolio of products right now.