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Floor-Mounted DC EV Charger to Boost the Rapid Adoption of Commercial EVs

April 30, 2024

Before you know it, every commercial vehicle will be an EV or, at the very least, a hybrid. That's not wishful thinking. The technology to achieve this already exists and so does the willingness to make the switch to a more sustainable energy source.

But what's the missing piece between widespread commercial adoption of the EV and the reality that operators are dragging their feet in making the switch? The answer lies in the floor-mounted DC EV charger.


EV Sales Show No Signs Of Slowing Down

As the world wonders where to for EVs, S&P Global is still bullish on adopting electric vehicles and their outlook in the car market. The index provider has rubbished claims that electric vehicle sales are declining. Instead, S&P Global noted in a recent report that forecasts that suggest electric vehicle sales are declining are greatly "exaggerated," highlighting that EV sales will increase by four percentage points in 2024 compared to 2023. The same is true for the commercial EVs.

Essentially, as advances in the infrastructure for commercial EVs improve, sales of commercial EVs will skyrocket. A critical part of those advancements is the accessibility of floor-mounted DC EV chargers.

 

To accelerate the adoption of EVs on any significant scale in the commercial fleet, operators will need to invest just as much in charging stations for that fleet. One cannot exist with the other. But who will be the first to invest significant sums in the floor-mounted DC EV charger?

 

According to speculators, two likely industries will carry out a large-scale investment in the floor-mounted DC EV charger over the medium term. Those two industries are last-mile delivery and public transportation.

In both industries, it makes sense to have at least one commercial DC fast charger at the depot to keep the fleet charged and minimize the reliance on third parties.


The Commercial DC Fast Charger's Role in Last Mile Delivery

In the fleet space, the primary leader driving EV adoption is last-mile delivery. According to Deloitte, last-mile delivery is the ideal scenario for EV adoption in the commercial space because of the shorter distances and frequent stops.

 

While the numbers surrounding how successful EV adoption is in last-mile delivery are plentiful, there's a lack of information surrounding how many chargers are available for this growing fleet.

But if EV adoption is to succeed, it will require the mass adoption of the commercial DC fast charger.

If the EV delivery vehicle should thrive, logistics companies will need to embrace the commercial DC fast charger.

 

The commercial DC fast charger, particularly the floor-mounted DC EV charger, will become paramount in the mass rollout of last-mile delivery EVs. After all, these chargers keep the car running and the adoption of EVs viable.

Medium and large-scale operators (those with a fleet of 100 vehicles or more) will need to rely on a commercial DC fast charger to maintain the effectiveness of their fleet.

Essentially these floor-mounted DC EV chargers will help logistic operators keep their fleet competitive and on the roads.


The Role the Floor-Mounted DC EV Charger Will Play in Public Transportation Adoption of EVs

In the first quarter of 2024, Assam State Transportation Corporation (ASTC) added 100 9-meter air-conditioned electric buses to its fleet. The buses which are slated to provide comfortable, safe, and convenient transportation in the intracity are fitted with the latest technology.

Although such a deal needs to be supported by the uptake of necessary infrastructure by state transportation entities, little information exists about how ASTC's electric fleet will stay charged.

The charger should take center stage in this rollout because a commercial DC fast charger will keep the buses in this fleet viable and reliable.

 

Yet, despite more state transportation entities embracing an EV fleet, many are yet to invest heavily in adopting the floor-mounted DC EV charger. But where states and public entities have fallen short, it creates an opportunity for the private sector to capitalize on this need.


Who Will Capitalize on a Lack of Commercial DC Fast Charger?

Entrepreneurs and eagle-eyed investors have recognized a market shortage.

 

As previously mentioned, there has been a dearth of information about how many EV chargers have been installed. There's also hardly any information about how many EV fast chargers are dedicated to a commercial fleet (that requires more frequent charging) and if fleets making the switch have considered available DC fast chargers.

 

Furthermore, pundits predict that too few battery chargers will hinder the rollout of the EV.

 

In the US, for example, where the adoption of EV chargers is well documented, there are currently 12 cars per EV plug. That's impressive and hints at the strength of the EV market.

But in the commercial space, those figures are far murkier. In fact, there's quite a bit of speculation that commercial fleets haven't been as eager to adopt more EVs because of a severe lack of EV chargers to manage a fleet of 100 vehicles.

Private charging stations could be the solution.

Discerning entrepreneurs could get in on the ground floor and capitalize on this supply shortage and increase in demand by investing in the floor-mounted DC EV charger in the dozens and charging EV fleet operators a premium for their use.

Since the commercial DC fast charger takes about 30 minutes to reach 80%, a station of 12 or more will pay for itself in no time.

 

While some are searching for lithium, suggesting it is the oil rush for EVs, savvy industrialists have shifted their focus to the technology that will keep these lithium batteries charged.

 

Those who will capitalize on the shortage of commercial DC fast chargers understand that the success of setting up a fast charging depot or station lies in obtaining long-term contracts. Contracts with public transportation providers or last-mile delivery services that dictate cost, usage, and exclusivity. Before you know it, owning a commercial EV charging station will have greater returns than owning a gas station.

EVCOME Will Help Companies Capitalize on a Lack of the Commercial DC Fast Charger

If eagle-eyed investors and entrepreneurs will have any success capitalizing on a lack of the commercial DC fast charger, they'll need to partner with a reliable floor-mounted DC EV charger manufacturer and supplier.

EVCOME is such a manufacturer and supplier. In particular, this company has developed a commercial DC fast charger for public transport, logistics, and commercial vehicle use. The charger is designed to be installed en masse, offering a simple and intuitive operation on its 7-inch LCD. Besides the user-friendly LCD, the charging station includes metering and billing, payment options, APP charging, charging control, remote communication, and security protection. It is also compliant with the GB/T, CCS1, CCS2, and CHAdeMO. All these options, including installation provided by EVCOME, essentially make this floor-mounted DC EV charger a plug-and-play option for companies.


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