EV chargers are expensive, making it difficult for businesses to invest in charging stations. However, potential EV owners are hesitant to buy EVs due to the lack of charging stations in desired locations. This creates a dilemma where property owners don't want to invest without demand, and potential EV owners don't want to buy without sufficient charging infrastructure.
When it comes to EVs and EV charging, there’s a big chicken-and-egg problem, or perhaps better put, a Catch 22. EV chargers are expensive, especially for fast chargers . A decent charging station can easily cost a million dollars, and then cost thousands per month to keep running. So, when a business is deciding whether to spend big bucks on putting a station in, the obvious first question is whether they’ll get that money back, and hopefully more.
But, when we don’t have fast charging available in all of the places we want to take an EV, it’s hard to justify buying the EV to begin with. Most interstate highways are covered well in the United States now, but there are still many other highways that are dead zones, even for Tesla vehicles. For the people who need or want to drive on those roads, an EV is still not the best choice. This is where the dilemma comes in. Property owners don’t want to invest in an EV charging station because nobody comes through in an EV. But, people who would buy EVs and drive them there aren’t doing that because there are no stations
Evs EV Charging Fast Chargers Charging Stations Dilemma Lack Of Infrastructure
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