The EV-Charging Action Plan: How will it affect the future of EVs?
EV-Charging Action Plan Customers' major concerns when choosing the best electric cars (EVs) were pricing and driving range just a few years ago. The most pressing worry today is a different one: sufficient charging infrastructure. To keep up with the fast-growing demand for electric vehicles, massive networks of publicly accessible chargers will need to be created and put into service quickly. Failure to do so might stifle electric vehicle growth and stifle efforts toward decarbonizing road transportation. The EV Charging industry appears to have a promising future today. Let's take a look at what lies ahead and, more importantly, what market participants may do now to obtain a competitive advantage. EV Charging in the Future If we look into the future, we will witness significant advancements in current charging technologies. For example, it will resemble the refuelling experience. The charging voltage of automobiles will be increased from 500V to 800V in the next few year...