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At Delta-EE, we see three main segments of EV charging: home charging, workplace charging and public charging. Recent Delta-EE research finds home charging remains the most predominant segment and as electric vehicles grow in popularity it has become increasingly obvious not everyone has off-street parking where they can charge their EV.
That’s where on-street parking comes in. Within the UK and Germany, only 4-5% of respondents said they used public on-street charging. That number is even lower in France a only 1-2%. In the Netherlands, however, it is a substantial 16%.
There is little doubt that COVID-19 has been a difficult time for chargepoint operators (CPOs) - the majority of which are already making a loss. This is primarily due to the significant reduction in the utilisation rates of public chargepoints. In fact, according to Zap-Map, in the UK, there has been a 60% reduction of EV drivers using public chargepoints. The story will be similar across Europe with some expecting the industry to be in recovery mode until 2025. This paints a picture of doom and gloom for players involved in public charging.
But have us analysts been too quick to jump to negative conclusions? Is there actually light at the end of the tunnel for CPOs? Europe’s response to the COVID-19 crisis provides some reason for optimism and may result in the answer to these questions being ‘Yes’. By focusing first on a national level and then on an international level, I’ll explain why.
Matching supply with customer demand is a similar challenge for traditional electricity network players and those entering the world of eMobility.
Electricity grids are designed to accommodate peak electricity demand so that the lights stay on during that coldest of frosty evenings in mid-winter. At the same time, car companies are exploring how to bring their brand-new electric vehicles to a market where customers expect to drive that one long-distance journey to visit relatives each year without running out of fuel.
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