The EV Charging Conundrum

The EV Charging Conundrum

By Erika Masako Welch, 09 October 2023

As the world adopts Electric Vehicles at breakneck speeds, there is a supply-and-demand problem; the supply and demand challenge has less to do with the number of EVs being manufactured, but of the number of publicly available charging stations available to charge EVs on-the-go. 

Today, 20% to 40% of EV owners do not have access to home charging. Though living in stand-alone homes and villas are commonplace in North America, many living in European and Asian cities live in high-rise apartment blocks which don’t have access to designated parking where chargers can be installed. Thus, governments and investors around the world are racing to invest and build public electric vehicle charging solutions to meet current and future demand.

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