Who Has The Most EV Charging Stations?

Electric Vehicle (EV) charging stations are beginning to become more prominent as there are more and more electric vehicles being produced and marketed to the public. These electric charging stations are beginning to become a staple among the community of those who own fully electric vehicles. It is important to learn about what is powering your electric vehicle, so let’s get into it.

One question that may be on your mind is, who has the most EV charging stations? A company called Charge Point owns the most amount of EV charging stations. They have around 18,000 stations that are located all around the world. And with the incline of electric car sales, they are planning on making even more stations. All are easy to use and can effectively charge your car.

This may be a bit different than the standard notion that Tesla owns most amount of charging stations however, in this article, it will be explained a bit more in-depth.

Who Owns The Most Charging Stations?

As stated before, ChargePoint owns the most amount of electric charging stations, as of right now. There are varying levels of EV chargers and when comparing the data, it is clear that ChargePoint holds a lot of them. In order to understand the statistics, it may be helpful to understand the difference in the charging levels.

A level 1 EV charger comes stock with all-electric vehicles. This type of charger can easily be plugged into a 120-volt socket that is found in a home and used to charge a vehicle. While these are convenient, they do not charge as fast as other chargers that can be purchased right now.

A level 2 charger is very similar to a level 1 charger, other than the fact that a level 2 EV charger requires a 240-volt outlet so that it can produce enough power to charge a vehicle. These are a bit different because they require professional installation, but they are able to charge a vehicle in a shorter period of time. These types of chargers will be discussed further in the article.

Level 3 and level 4 charging systems are sometimes referred to as “DC Fast” chargers. This is because they draw upon direct current from a power grid to supply more power in a shorter amount of time. These chargers can typically give a vehicle 80% charge capacity in just 30 minutes. As may be expected, there are not as many of these chargers available at the moment, but they are steadily growing.

Keeping that all in mind, we can see why ChargePoint is considered to own the majority of the charging stations that are available. ChargePoint has roughly 1500 Level 1 charging stations that they own, close to 20,000 level 2 charging stations, and just over 500 DC Fast charging stations. In total, ChargePoint owns almost 50% of the total amount of charging stations that are available for consumer use.

In looking at the level 3 chargers, some may argue that Tesla owns the most chargers due to the fact that they own just over 3,000 DC Fast chargers, however, in looking at the numbers it is clear to see that ChargePoint has many more level 2 chargers that they own.

Which Companies Are In 2nd And 3rd Place?

In the charging industry, there are many competitors because there are more automotive companies that produce electric vehicles. So what other companies are close to ChargePoint? In second place is Tesla. This is because Tesla has close to 4,000 DC Fast chargers in the market. In comparison to other EV charging companies, Tesla does own the greatest number of fast chargers, however, because ChargePoint owns so many level 1 and level 2 chargers, Tesla is considered the second largest company to own EV chargers.

In 3rd place is Blink Charging. Blink Charging has been around for over a decade and has made it their focus to provide charging for both businesses and drivers alike. Blink Charging owns 7.4% of the total amount of charging stations. This is just below Tesla’s total percentage of charging stations, which sits at 19.6%

There is a large amount of charging stations that are unaffiliated with any company and make up about 17.5% of the charging stations, however, because they are not affiliated with a company, it makes it difficult to say that they are the “second” top company because they are from so many different smaller companies.

Who Will Own The Most Charging Stations In 10 Years?

Because of the sheer number of electric vehicles that are being produced by companies such as Tesla and Rivian, there will be greater demand for electric chargers in the next few years. This raises the question of who will own most of the electric chargers in 10 years?

Within 10 years, the consumers who are purchasing electric vehicles will own the most amount of charging stations. This is because there will be such a great demand for accessible charging stations and not everyone will be able to get to a public DC Fast charging station. This means that those who own an electric vehicle will look at purchasing level 1 and level 2 chargers.

Since all electric vehicles come with a level 1 charger, all consumers have access to at least one charger, but what about those who want a faster charge when they are in a hurry? This is where a level 2 charging system comes into play. There are some level 2 charging stations that can provide a quick charge, just under 6 hours for those who want to be able to have them in their home for personal use.

Because level 2 EV chargers run off a 240-volt charger, they can easily be installed in a house by a trained technician. In 10 years, many more homes will have these level 2 chargers due to their convivence and there will be such a demand for chargers that can be accessible to the consumer. The way that the trend is going, this will be the case as the demand for charging stations will increase as many people move toward “totally” electric communities.

Now, you may be wondering what this will cost. That is a great question. When purchasing an electric vehicle, you are probably looking to save some money in the long run and a level 2 charger is a great way to do this. You can find level 2 charging stations for anywhere from $600 to $5000. This provides many different options when looking at purchasing a level 2 charger for yourself.

A level 2 EV charger can typically fully charge a car anywhere from 5-8 hours. With a charge time that is this short, it is a viable option for those who need a quick charge overnight while they are sleeping and then they can take off in the morning. With higher demand, this does not mean that levels 3 and 4 chargers will become obsolete. For those who need a 30-minute charge, the level 3 chargers will still be available for the public.

Will It Be Cheaper To Charge Your Vehicle In The Future Because Of The Competition?

 Because there are so many different companies that are beginning to take off it may seem to be that it will be cheaper in the future to be able to charge electric vehicles. The reality is that because there is a greater demand for charging stations, especially fast-charging stations, the cost of charging stations will begin to increase significantly.

A big factor of this is because level 1 and level 2 EV chargers are becoming more and more assessable to the general public. Since so many people will be looking to charge their vehicles, they will need to be able to have those charging stations available to them. Since level 2 chargers are able to be installed in a house with relative ease, it will become almost a norm for electric vehicle owners to have them installed into their own homes.

Many companies will most likely look to capitalize on this fact and increase overall prices because they can make money on the demand for electric vehicle chargers. Level 2 chargers may become higher-priced and difficult to find as everyone looks to move toward a “fully electric” community. So, in the long run, it will become more expensive to charge an electric vehicle as the market will be flooded with more consumers.

While it is not clear what will happen, it is safe to assume that many companies that own DC Fast chargers will begin to charge money in order to utilize these public chargers. This will become especially true as more and more vehicles are bought.

Final Overview Of EV Charging Companies

In reviewing all the information on EV charging companies, we can see that ChargePoint does own a majority of the chargers that are in operation right now, however, it is not certain what will happen in the future, as this may shift between different companies and how many chargers they own.

These companies will not be the top dogs in 10 years as there will be greater demand for more convenient and accessible charging. The exciting prospect that comes along with this is that more and more electric vehicles will be produced and sold as the world moves toward a “fully” electric society.

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