EV Charging Speed Infographic – February 2023

See below for our EV Charging Speed Infographic, February 2023. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • Tesla has announced the opening of its Supercharger network in the US to non-Tesla users as part of an agreement with the US government
  • NIO unveils ambitious plans to build 1,000 new battery swapping stations in China in 2023, over double its previous target put forward at NIO Day in 2022
  • Finnish charger manufacturer Kempower has announced plans to open its first US factory in 2023
EV Charging Speed Infographic

The sales weighted average maximum BEV charging capability increased from 110kW in December to 118kW in January due to a relative weakening in sales of vehicles capable of only AC charging. Overall BEV & PHEV sales decreased for the first time since October, to 660,000 units, a reduction of 49% m-o-m in January 2023.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

EV Charging Speed Infographic – January 2023

See below for our EV Charging Speed Infographic, January 2023. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • BMW will partner with Evergo in Mexico to construct over ~4,000 charging stations across the country over the next five years.
  • Tata Power plans 25,000 new charging points across India by 2028
  • Shell continues M&A push with acquisition of US-based Vola Charging
EV Charging Speed Infographic

The sales weighted average maximum BEV charging capability decreased from 111kW in November to 110kW in December due to stronger sales in Europe and China. Overall BEV & PHEV sales increased by 13% m-o-m in December 2022. Sales reached 1.29 million units, the strongest month to date for EV sales.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

EV Charging Speed Infographic – December 2022

See below for our EV Charging Speed Infographic, December 2022. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • The California Energy Commission has approved a USD2.9 billion investment for its new clean transportation plan.
  • Mercedes-Benz has announced plans to build its own high-power charging network across multiple key markets, including the US, Europe and China.
  • German giant Siemens has announced Texas as the location of choice for its second EV charger manufacturing plant.
EV Charging Speed Tracker – what does it tell us?

The sales weighted average maximum BEV charging capability increased from 98kW in October to 111kW in November due to stronger sales in Europe and China. Overall BEV & PHEV sales increased by 17% m-o-m in November 2022 with 1.12 million units sold.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

EV Charging Speed Infographic – November 2022

See below for our EV Charging Speed Infographic, November 2022. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • Swiss-based ABB announced it has raised CHF200 million (USD209 million) for its E-mobility subsidiary as part of its pre-IPO private placement.
  • The California Public Utilities Commission (CPUC) has announced a five-year, USD1 billion state-wide transport electrification programme, which will provide further funding for charging infrastructure.
  • Tesla has open-sourced its charging connector in the US, in the hopes of enticing other OEMs to adopt the technology in their own BEV models.
EV Charging Speed Tracker – what does it tell us?

The sales weighted average maximum BEV charging capability decreased from 110kW in September to 99kW in October due to softer sales in Europe and China. Overall BEV & PHEV sales dropped 8% m-o-m in October 2022 with 971,218 units sold across all vehicle classes, with a stronger decrease in vehicles capable of charging over 50kW.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

EV Charging Speed Infographic – October 2022

See below for our EV Charging Speed Infographic, October 2022. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook.

The EV Charging Assessment provides a breakdown of global and regional charging capacity, as well as the charging speeds and energy requirements of new vehicles sold and the EV fleet.

The Global EV Charging Outlook provides an analysis of the current and planned technologies at both the vehicle and charger level, and profiles the major players in the market, their relative competitive positions and plans for the future.

Click here to request a demo of our Charging reports.

 

Highlights from the latest issue of EV Charging Monthly Assessment:
  • Charging equipment supplier, Wallbox, officially opened its US charger manufacturing facility in Arlington, Texas with an expected capacity of 250,000 units.
  • Dutch-based Fastned announced a EUR75 million strategic investment from Schroders Capital to further expand its EU fast charging network.
  • Renault-owned Mobilize announced plans to develop a 200-strong network of ultra-fast charging stations across Europe.
EV Charging Speed Tracker – what does it tell us?

The sales weighted average maximum BEV charging capability increased from 100kW in August to 110kW in September due to increased EV sales in China. BEV & PHEV sales grew by 20% m-o-m in September 2022 to 1.05 million units across all vehicle classes, with a continued recovery in sales of BEVs capable of charging over 100kW.

Why do we track EV charging speed?

From 2018 to early 2020, the global average maximum BEV charging speed had been around 80kW with little variation, since then, the global average has been steadily rising. Tracking the maximum EV charging speed provides an insight to infrastructure requirements based on vehicle capability. The success of the Tesla Model Y with a 250kW maximum charging speed and the introduction of volume segment on dedicated EV platforms can account for this increase. As more and more OEMs roll out EVs on dedicated platforms there will be a rise in EV charging speed. Our speed tracker is based on monthly vehicle sales and our model-by-model analysis of vehicle charging capability

EV charging speed is just one element of the broader EV charging and infrastructure markets that we track. With the monthly assessment also providing monthly regional updates on infrastructure for both public and private charging.

Who benefits from understanding EV charging and infrastructure market dynamics?

OEMs, charging networks, charging solution providers, investment banks and other businesses with an interest in the EV markets benefit from the analysis provided in our EV charging reports. Those operating in the demand side gain informed insights into the development and scale of the EV charging technologies that are required. Meanwhile those on the supply side, gain an understanding of the current state of charging and regional trends from our monthly updates on the scale of the public and residential charging network.

How do we track the EV charging and infrastructure markets?

EV charging speed is just one of the many market-shaping factors that we track to provide in-depth analysis and long-term forecasts. Our forecasts are based on robust and informed methodologies looking at the requirement of chargers per vehicle on a country-by-country basis. We track BEV and PHEV fleet forecasts (from our EV & Battery Quarterly Outlook), EV charging unit requirement, EV charging market technology development, EV charging market technology cost development, driving behaviour and EV ownership demographics by country, private and public investment by country, and legislation and national targets by country.

For each vehicle model we collect data relating to maximum AC and DC charging capabilities, plug type(s), battery pack size, and battery chemistry in addition to a number of other vehicle metrics.

To produce our EV Charging Monthly Assessment, EV sales data is collected on a model-by-model basis from automotive associations, OEMs and data providers at country level for both BEV and PHEC vehicles for major markets. This analysis covers a minimum of 95% of total global market sales and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality.

How could our data help you?

Access to the in-depth analysis that we provide, enables our clients to gain a thorough understanding of the EV charging market, form robust strategies, create future-proof plans and stay up-to-date with key market developments.

Our Global EV Charging Outlook is an essential tool for tracking the development of EV charging technologies and infrastructure roll-out by country or region. It provides long-term forecasts by country or region including:

BEV and PHEV Sales Forecast, (2018 – 2030), BEV and PHEV fleet forecast, (2018 – 2030), EV charging units in operation by technology forecast, (2019 – 2030), EV charging technology capex outlook and EV charging market value by technology, forecast (2018 – 2030).

The EV Charging Monthly Assessment provides an assessment of global and regional charging capabilities and energy requirements of both new vehicles sold and the EV fleet, based on the analysis of monthly BEV and PHEV sales by model, charging capacity by model, regional EV fleet assessment by charging capacity and sales weighted pack sizes. The report also covers the infrastructure side of the charging market, tracking the public and private charging infrastructure at a regional level.

Rho Motion’s EV Market Reports

To find out more about our EV charging and infrastructure reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Global EV Charging Outlook >>

EV Charging Monthly Assessment >>

EV Charging Monthly Database >>

See all of our EV & Battery, Energy Stationary Storage and Focus Reports here >>

To see our latest news and gain access to our content pieces, follow us on LinkedIn and Twitter.

General Motors enters energy storage and management business

General Motors enters energy storage and management business

On Tuesday 11th October, General Motors (GM) announced the launch of a new business division GM Energy in a move to provide residential, transport, and commercial energy management and storage solutions. The new business unit will comprise of GM’s three focused energy product line-ups Ultium Home, Ultium Commercial and Ultium Charge 360. Some specific services and products include bi-directional charging, vehicle-to-home (V2H) and vehicle-to-grid applications, stationary storage products as well as cloud management systems and hydrogen fuel cells.

 

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

 

 

Image credit: Adobe Stock