The transition of transportation from the internal combustion engine to electric-powered vehicles creates opportunities for new technologies and services. As these technologies mature, whole new markets of solutions are created to address specific market needs. Charge Point Planning in one such new market.
Electric vehicle (EV) adoption has been gaining momentum across the globe. Since the first commercial releases of Nissan Leafs and Teslas, every major auto company has one, if not a lineup, of offerings. Early adopters of EVs typically “fuel up” at home given that over 90% of their trips are within their car’s charge range. While early adopters will put up with the inconvenience of charging far from home, overcoming the “where can I charge?” obstacle is the key to moving the market to the early majority phase.
Charge Point Operators (CPOs), the companies that install and manage charging stations, and their property hosts have the opposite challenge. If they are going to invest in the infrastructure required to offer EV charging, they need to know where EV drivers are most likely going to need the recharge.
This is the value proposition for Charge Point Planning (CPP) solutions, which offer software and services to evaluate potential investments in charging services and reduce their risks. CPP software wades through mountains of data to pinpoint charging network locations that can be both well-utilized and profitable.
To help CPOs and property hosts understand how to take advantage of a CPP solution, this report defines the market, describes the primary business needs addressed by CPPs, provides an overview of the typical capabilities of CPP solutions, and lists the vendors that are participating in this market. We note the list of vendors who were interviewed for research purposes.
NOTE: The purpose of the report is to guide decision making, but not rank or recommend specific vendors.
Download The Charge Point Planning Market report to see how CPP solutions address the “where to put a charge point” challenge.