Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Newer Business Models and Products Designed for an Ecosystem for Multiple Customer Personas are Driving the Growth of US EV Charging Ecosystem
* Required Fields
Pay by invoice
By 2025, over 2 million electric vehicles (EVs) are expected to be sold only in the US. Consumers now prefer EVs over ICEs owing to fast developing charging network across the US. There is an opportunity for both AC and DC charging network expansion and traditional business models are not sufficient anymore. Unlike fuel stations, with respect to EV charging, there is no one-size-fits-all solution and OEMs, EVSEs, CPOs, and aggregators are capitalising on this opportunity. For instance, highways need equally spaced fast chargers city centres such as parking spaces, apartment complexes require AC charging station and a product design that is compact, modular, and scalable. The next wave of charging is the 350kW ultra-fast chargers to be deployed and distributed along the highway. However, the need for lower power AC and DC charging units is still existential within the cities, and both fast and slow chargers will co-exist as the EV market expands. Therefore, it becomes imperative for participants in the market to not only focus on product/technology but also on the business model. How they reach consumers and the experience they create while reducing the cognitive load will become a key differentiating factor. A plethora of business models designed to reach to consumers are creating markets that previously did not exist. Charging operators are borrowing from principles such as access economy, subscription, and premium and ad-based economy from other verticals to design their business and carve a niche.This study analyses various market participants segmented into manufacturers/suppliers, charge point operators, and aggregators to outline their existing business models and to design business models that could emerge in the future. New types of charging are emerging, such as the Photovoltaic technology advancements, which are expected to drive momentum and interest among Ford and Toyota. Static inductive charging is set to revolutionise the market beginning in luxury and later to the mass market as seen in the case of BMW and Mercedes. Companies like Qualcomm are fast tracking the development and will be the forerunner to technologies such as autonomous parking and charging. The study will also analyse the existing white spaces in the US charging infrastructure.
Key Issues Addressed
Strategic Analysis of the Indian EV & Hybrid Electric Vehicle Market, 2017–2030
Global Electric Vehicle (EV) Market Sales, H1 2018
Global Lithium-ion Battery Production and Capacity Expansion, Forecasts to 2025
US Consumers’ Priorities, Preferences, and Willingness to Pay for Powertrain Systems and Features, 2018
Global Diesel Engine Technology Roadmap for Heavy-Duty Trucks
Understanding Indian Consumers’ Priorities, Preferences and Willingness to Purchase Hybrid and Electric Vehicles, 2017
Global Powertrain Outlook, 2019
Global Electric Vehicle Market Outlook, 2019
Global Analysis of Electric Battery Market and Battery Thermal Management System for Electric and Hybrid Vehicles, Forecast to 2025
Voice of Customer Analysis of the Global Residential Battery Storage Market, 2016
natural gas market
augmented reality market
smart home market
composite materials market
smart grid market
consumer electronics market
well intervention market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.