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Public Electric Car Charging Stations Pros and Cons

5 Apr 2023 4 mins to read
Electric vehicles (EVs) are the future of the automotive industry. More and more people are switching to EVs, and there is a need for public electric car charging stations. Charging stations provide a convenient way for EV owners to charge their vehicles on the go.
Public Electric Car Charging Stations Pros and Cons
Summary:

Since EVs have limited range per charge, public charging stations can make long distance trips more practical. This article will explore the pros and cons of public electric car charging stations.

Pros of Public Electric Car Charging Stations

  • Convenience: Public charging stations are convenient for EV owners who need to charge their vehicles on the go. This is especially useful for people who do not have a private driveway or garage to charge their vehicles at home.
  • Reduces range anxiety: Range anxiety is the fear of running out of battery power while driving an EV. Having public charging stations available can reduce range anxiety and make long distance travel more practical.
  • Encourages EV adoption: Public charging stations can encourage more people to adopt EVs. The availability of charging stations makes EV ownership more practical and less intimidating.
  • Promotes sustainability: Installing public charging stations promotes sustainability by encouraging the use of electric vehicles over gas-powered vehicles. This helps reduce greenhouse gas emissions and contributes to a healthier planet.
  • Additional revenue for businesses: Installing charging stations can create additional revenue opportunities for businesses. Customers may stay longer while their vehicles are charging, potentially increasing sales for businesses.

Cons of Public Electric Car Charging Stations

  • Installation costs: The installation costs of public charging stations can be expensive. This upfront cost may deter some businesses from installing charging stations.
  • Maintenance costs: Public charging stations require maintenance to ensure optimal performance. This can add additional costs to businesses and municipalities.
  • Charge time: The charging time for EVs can be lengthy, particularly for fast charging stations. This means that EV owners may need to wait longer periods of time to charge their vehicles.
  • Competition: As more businesses and municipalities install charging stations, competition for EV customers will increase.

Key Takeaways

Public electric car charging stations provide a convenient way for EV owners to charge their vehicles on the go. Despite the potential costs, public charging stations encourage EV adoption, reduce range anxiety, promote sustainability, and can create additional revenue opportunities for businesses. However, maintaining and installing charging stations can be a costly endeavor. Additionally, charging times for EVs may be lengthy, and competition for EV customers will increase as more charging stations are installed. Overall, public electric car charging stations have both benefits and drawbacks.

According to a report from Allied Market Research, the global electric vehicle charging station market is expected to reach $30.8 billion by 2027, growing at a CAGR of 31.2% during the forecast period 2020 - 2027. Furthermore, a study conducted by National Renewable Energy Laboratory found that a national network of fast charging stations would reduce range anxiety and increase the utility of EVs.

Public electric car charging stations are becoming an increasingly important part of the infrastructure required for EVs to become more practical for everyday use. While there are both pros and cons to public charging stations, their overall benefit to society cannot be denied. As more people adopt EVs, we will continue to see an increase in public charging stations across the globe.

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Energy5 EV Charging solutions comprise a full range of end-to-end turnkey services for businesses. From permitting to incentive acquisition to installation, management software, and down-the-road maintenance, Energy5 streamlines the whole process every step of the way.
Address
300 W Somerdale Rd, Suite 5, Voorhees Township, NJ 08043
Email address
hello@energy5.com
Phone number
(856) 412-4645
logo
Energy5 EV Charging solutions comprise a full range of end-to-end turnkey services for businesses. From permitting to incentive acquisition to installation, management software, and down-the-road maintenance, Energy5 streamlines the whole process every step of the way.
Address
300 W Somerdale Rd, Suite 5, Voorhees Township, NJ 08043
Email address
hello@energy5.com
Phone number
(856) 412-4645