Electric Vehicle Growth
Since 2014, electric vehicle (EV) volumes have nearly quadrupled and if the current rate of adoption continues, roughly half of the world’s car sales will be plug-ins by 2027. Public charging locations have doubled in the past 2 years, and popular models such as the new Nissan Leaf or Tesla Model-3 have waiting lists. In the first quarter of 2018, sales were 59% higher than in Q1 of 2017. The fastest growing markets include China, US, Japan, Norway, Canada, Netherlands, South Korea, Spain, Finland, and Australia.
This increased demand is the result of soaring gas prices and raising environmental concerns regarding traditional vehicles. As part of the effort to support EV infrastructure growth and meet environmental goals, recent building code updates have made provisions for the inclusion of EV chargers in new constructions since the start of 2018.
Supporting the increased number of EV owners has many advantages for all types of businesses, institutions and municipalities.
Allow customers, employees, or residents the convenience of charging their vehicle at your location.
Be on the cutting edge of new technologies, such as bi-directional charging stations and set yourself apart.
Attract EV owners to spend time in your town or business while their vehicle charges.
Become a recognized environmental leader by incorporating multiple renewable technologies into a sustainable energy loop.