North American Electric Truck Charging Infrastructure—Revenue Opportunities

Automotive North American Electric Truck Charging Infrastructure—Revenue Opportunities

Transformational Growth of Revenue due to 130TW Electricity Consumption by 2030

INDUSTRY
Automotive

RELEASE DATE
09-May-2022
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PCF2-01-00-00-00
SKU
AU02326-NA-MT_26520
Yes
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North American Electric Truck Charging Infrastructure—Revenue Opportunities
Published on: 09-May-2022 | SKU: AU02326-NA-MT_26520

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By 2030, more than half the trucks operating in North America are expected to be powered by an electric powertrain. Light-duty vehicles are forecasted to be the early adopters, with nearly 86% share of the EV truck market in 2030. Among several EV truck charging types, AC & DC charging are expected to be the most adopted in North America. Level 2 (20kW) to Level 5 chargers (350kW) will be the predominant charging solutions in this decade, with even higher charging power developed by the end of the decade.

The charging infrastructure value chain must be robust and efficient to meet this demand. It starts from energy generation, followed by storing and energy distribution through transmission & distributor operators to reach various hubs, after which charging stations are installed in private/public hubs to offer charging services to customers. Multiple participants are involved actively in different parts of the value chain to cater to the charging requirement of the increasing number of electric trucks in operation. These broadly can be classified as portfolio, asset-heavy charging infrastructure, asset-light, and participants who provide charging infrastructure as a service.

To ensure that the truck operation is not affected by charging infrastructure availability, destination, depot, and en route charging are available. The choice within this will depend on each truck’s operation.

For a charging operator, setting up a charging station involves several costs, such as equipment, installation, rental, maintenance, and electricity. Depreciation, marketing, and taxes are additional costs that depend on the charging operator and installed location.

The 3 major revenue models for a charging operator are asset-heavy, asset-light, and a combination of the two. The choice between these models depends on the charging operator’s investment potential and the competitive landscape of the location. EV trucks will consume 130TW of electricity by 2030; 440k to 540k chargers are required to cater to this. Charging operators have several revenue opportunities to capitalize on in this decade.

Author: Christus Divyan

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the top Three Strategic Imperatives on Electric

Growth Opportunities Fuel the Growth Pipeline Engine™

Electric Trucks in Operation, 2022, 2025, and 2030

Types of Charging Solutions

Electric Vehicle Charging Infrastructure Value Chain

Participants Involved in the Charging Infrastructure Value Chain

Types of Charging during Truck Operation

Charging Infrastructure—Costs Incurred in Installing a Charging Station

Charging Infrastructure—Revenue Models for Charging Operators

Research Scope

Research Aims and Objectives

Powertrain Technology Segmentation

Growth Drivers

Growth Restraints

Flow of the Study

LDT—Depth of Battery Discharge and Frequency of Charging

MDT—Depth of Battery Discharge and Frequency of Charging

HDT—Depth of Battery Discharge and Frequency of Charging

Charging Scenarios based on Truck Operation

LDT—Charging Time based on Different Levels of Chargers

MDT—Charging Time based on Different Levels of Chargers

HDT—Charging Time based on Different Levels of Chargers

LDT—Charger Level Preference Depending on Charging Time

MDT—Charger Level Preference Depending on Charging Time

HDT—Charger Level Preference Depending on Charging Time

LDT, Energy Consumption based on Level of Charger

MDT, Energy Consumption based on Level of Charger

HDT, Energy Consumption based on Level of Charger

Utilization Levels—Low & High Utilization Scenarios

Total Chargers Required—Low Utilization & High Utilization Scenarios

Revenue Models for a Charging Operator

Level 2 Charger, Costing Model for 1 Charging Station

Level 3 Charger, Costing Model for 1 Charging Station

Level 4 Charger, Costing Model for 1 Charging Station

Level 5 Charger, Costing Model for 1 Charging Station

Level 2 Charger, Revenue Potential for 1 Charging Station

Level 3 Charger, Revenue Potential for 1 Charging Station

Level 4 Charger, Revenue Potential for 1 Charging Station

Level 5 Charger, Revenue Potential for 1 Charging Station

Cost Model for a Charging Operator—Model 2 Operation

Revenue Potential for a Charging Operator—Model 2 Operation

Cost Model for a Charging Operator—Model 3 Operation

Revenue Potential for a Charging Operator—Model 3 Operation

Summary—Energy Consumption & Number of Chargers Required

Summary—Revenue Model Comparison

Key Takeaways

Growth Opportunity 1—Competence of Charging Technology Vital for Market Growth

Growth Opportunity 1—Competence of Charging Technology Vital for Market Growth (continued)

Growth Opportunity 2—Expanding Revenue Opportunities for Value Chain Participant Growth

Growth Opportunity 2—Expanding Revenue Opportunities for Value Chain Participant Growth (continued)

Growth Opportunity 3—Inbuilt Charging Solution in Fleet Yard for Better Fleet TCO

Growth Opportunity 3—Inbuilt Charging Solution in Fleet Yard for Better Fleet TCO ( continued)

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • Electric Truck Charging Infrastructure: Electric Trucks in Operation, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: Types of Chargers, North America, 2022
  • Electric Truck Charging Infrastructure: EV Charging Infrastructure Value Chain, North America, 2022
  • Electric Truck Charging Infrastructure: EV Charging Infrastructure Value Chain Participants, North America, 2022
  • Electric Truck Charging Infrastructure: Types of Charging during Truck Operation, North America, 2022
  • Electric Truck Charging Infrastructure: Costs Involved in Setting up a Charging Station, North America, 2022
  • Electric Truck Charging Infrastructure: Revenue Models for Charging Operators, North America, 2022
  • Electric Truck Charging Infrastructure: Powertrain Segmentation, North America, 2022
  • Electric Truck Charging Infrastructure: Growth Drivers, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Growth Restraints, North America, 2022–2030
  • Electric Truck Charging Infrastructure: LDT Depth of Battery Discharge, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: MDT Depth of Battery Discharge, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: HDT Depth of Battery Discharge, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: 3 Charging Scenarios, North America, 2022–2030
  • Electric Truck Charging Infrastructure: LDT Charging Time based on Charger Levels, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: MDT Charging Time based on Charger Levels, North America,2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: HDT Charging Time based on Charger Levels, North America,2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: LDT Charger Level Preference, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: MDT Charger Level Preference, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: HDT Charger Level Preference, North America, 2022, 2025, and 2030
  • Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for LDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: En Route Charging, Energy Required for LDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Total Energy Required for LDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for MDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: En Route Charging, Energy Required for MDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Total Energy Required for MDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for HDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: En Route Charging, Energy Required for HDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Total Energy Required for HDT parc, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Utilization Levels, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Number of Chargers Required, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Revenue Models, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Fixed Costs (One time), North America,2022
  • Electric Truck Charging Infrastructure: Variable Costs (Yearly), North America, 2022
  • Electric Truck Charging Infrastructure: Total cost/kWh per Utilization, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Fixed Costs (One Time), North America,2022
  • Electric Truck Charging Infrastructure: Total cost/kWh per Utilization, North America, 2022–2030
  • Electric Truck Charging Infrastructure: Fixed Costs (One Time), North America,2022
  • Electric Truck Charging Infrastructure: Variable Costs (Yearly), North America, 2022

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By 2030, more than half the trucks operating in North America are expected to be powered by an electric powertrain. Light-duty vehicles are forecasted to be the early adopters, with nearly 86% share of the EV truck market in 2030. Among several EV truck charging types, AC & DC charging are expected to be the most adopted in North America. Level 2 (20kW) to Level 5 chargers (350kW) will be the predominant charging solutions in this decade, with even higher charging power developed by the end of the decade. The charging infrastructure value chain must be robust and efficient to meet this demand. It starts from energy generation, followed by storing and energy distribution through transmission & distributor operators to reach various hubs, after which charging stations are installed in private/public hubs to offer charging services to customers. Multiple participants are involved actively in different parts of the value chain to cater to the charging requirement of the increasing number of electric trucks in operation. These broadly can be classified as portfolio, asset-heavy charging infrastructure, asset-light, and participants who provide charging infrastructure as a service. To ensure that the truck operation is not affected by charging infrastructure availability, destination, depot, and en route charging are available. The choice within this will depend on each truck’s operation. For a charging operator, setting up a charging station involves several costs, such as equipment, installation, rental, maintenance, and electricity. Depreciation, marketing, and taxes are additional costs that depend on the charging operator and installed location. The 3 major revenue models for a charging operator are asset-heavy, asset-light, and a combination of the two. The choice between these models depends on the charging operator’s investment potential and the competitive landscape of the location. EV trucks will consume 130TW of electricity by 2030; 440k to 540k chargers are required to cater to this. Charging operators have several revenue opportunities to capitalize on in this decade. Author: Christus Divyan
More Information
Deliverable Type Market Research
Author Christus Divyan
Industries Automotive
No Index No
Is Prebook No
List of Charts and Figures Electric Truck Charging Infrastructure: Electric Trucks in Operation, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: Types of Chargers, North America, 2022~ Electric Truck Charging Infrastructure: EV Charging Infrastructure Value Chain, North America, 2022~ Electric Truck Charging Infrastructure: EV Charging Infrastructure Value Chain Participants, North America, 2022~ Electric Truck Charging Infrastructure: Types of Charging during Truck Operation, North America, 2022~ Electric Truck Charging Infrastructure: Costs Involved in Setting up a Charging Station, North America, 2022~ Electric Truck Charging Infrastructure: Revenue Models for Charging Operators, North America, 2022~ Electric Truck Charging Infrastructure: Powertrain Segmentation, North America, 2022~ Electric Truck Charging Infrastructure: Growth Drivers, North America, 2022–2030~ Electric Truck Charging Infrastructure: Growth Restraints, North America, 2022–2030~ Electric Truck Charging Infrastructure: LDT Depth of Battery Discharge, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: MDT Depth of Battery Discharge, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: HDT Depth of Battery Discharge, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: 3 Charging Scenarios, North America, 2022–2030~ Electric Truck Charging Infrastructure: LDT Charging Time based on Charger Levels, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: MDT Charging Time based on Charger Levels, North America,2022, 2025, and 2030~ Electric Truck Charging Infrastructure: HDT Charging Time based on Charger Levels, North America,2022, 2025, and 2030~ Electric Truck Charging Infrastructure: LDT Charger Level Preference, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: MDT Charger Level Preference, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: HDT Charger Level Preference, North America, 2022, 2025, and 2030~ Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for LDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: En Route Charging, Energy Required for LDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Total Energy Required for LDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for MDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: En Route Charging, Energy Required for MDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Total Energy Required for MDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Destination/Depot Charging, Energy Required for HDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: En Route Charging, Energy Required for HDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Total Energy Required for HDT parc, North America, 2022–2030~ Electric Truck Charging Infrastructure: Utilization Levels, North America, 2022–2030~ Electric Truck Charging Infrastructure: Number of Chargers Required, North America, 2022–2030~ Electric Truck Charging Infrastructure: Revenue Models, North America, 2022–2030~ Electric Truck Charging Infrastructure: Fixed Costs (One time), North America,2022~ Electric Truck Charging Infrastructure: Variable Costs (Yearly), North America, 2022~ Electric Truck Charging Infrastructure: Total cost/kWh per Utilization, North America, 2022–2030~ Electric Truck Charging Infrastructure: Fixed Costs (One Time), North America,2022~ Electric Truck Charging Infrastructure: Total cost/kWh per Utilization, North America, 2022–2030~ Electric Truck Charging Infrastructure: Fixed Costs (One Time), North America,2022~ Electric Truck Charging Infrastructure: Variable Costs (Yearly), North America, 2022~
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WIP Number PCF2-01-00-00-00