Demand for EV chargers is outstripping supply, says ChargePoint report
Summary
The demand for electric vehicle (EV) chargers is growing faster than the number of new chargers being installed in North America. ChargePoint, an EV charging company, reports that EV use and interest are increasing, but charging infrastructure is not keeping up, which could cause chargers to become too busy for users.Key Facts
- Over 1.8 million electric vehicles were sold worldwide from January to August 2024.
- Rising fuel prices in the U.S. are increasing interest in electric vehicles.
- ChargePoint's data shows a 34% increase in charging sessions in 2025 but only 16% growth in new charger installations.
- Workplaces see charger use rates above 30%, which means drivers may struggle to find available chargers.
- ChargePoint CEO Rick Wilmer says many people who lease EVs keep buying electric cars rather than switching back to gas.
- New, affordable electric trucks from companies like Slate and Ford are expected to boost future charger demand.
- ChargePoint is developing cheaper, more powerful Level 2 chargers with bidirectional charging that can supply power back to homes.
- Standardizing charging technology between car makers and electric utilities is important for future developments.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
