The proliferation of private EV charging services, coupled with federal investment in charging stations, has the potential to reduce 'charging anxiety' and encourage a faster switch to electric vehicles.
The rise of electric vehicle charging programs known as 'EV Charging As A Service' could help speed up EV adoption and build out the nation's network of charging stations, writes Steve Tengler in Forbes. The growth of a private charging industry alongside government-funded charging stations could ease "charging anxiety" experienced by drivers considering making the switch from gas-powered vehicles and businesses seeking to electrify their fleets. "Regardless of potential fuel savings, businesses cannot have valuable assets either experiencing downtime or non-productive mileage," Tengler says.
The concept is that such services provide lower risk solutions with greater flexibility to small- and mid-sized businesses or multifamily properties, especially where multiple vehicles need charging. The Charging As A Service program removes the burden of ownership and maintenance from the charging host by providing such things as turnkey EV charging stations, management software, 24/7 driver support, professional field maintenance, etc.
As Tengler notes, "Any rollout plan for a technology shift requires some early adoption from the market segments with the greatest need, which in turn reduces the price point or impediment to widespread adoption."
Read the full story: ‘Charging As A Service’ For Electric Vehicles Growing As A Market Offering
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