While low gas prices have created a challenging environment for electric vehicles, year-over-year increases across nearly two dozen different EV models in all major metropolitan areas of the U.S. illustrate an obvious growth in electric consumption.
But it raises a pressing question for utilities and cities that want to stay ahead of the growth curve: Is our infrastructure ready to accommodate citizens’ growing interest in EV transportation?
Cart or horse?
The first challenge focuses on improving stability: How do we accelerate the EV demand curve? Certainly improvements in battery technology are critical to grow sales. While we’re breaking past the 200-mile battery barrier, range isn’t the only psychological issue impairing consumption. Availability of EV infrastructure may be a more critical concern.
Fast-charging plug standards have not been fully resolved in the light-duty sector, and key grid standards are still being debated — underscoring the notion that EV growth is in many ways tied to who controls and monetizes the value of infrastructure rather than technology.
As EVs attain more mindshare, more customer questions follow: Where can I charge my car, and will I have to […]