Auto Trends Magazine: Occhiuzzo Debunks 4 Misconceptions Surrounding EV Fast Charging Stations

Our co-founder and CEO, Gustavo Occhiuzzo, is quickly emerging as a thought leader in the world of electric mobility, becoming someone stakeholders can count on to demystify obscurities and address falsehoods surrounding the installation and application of charging infrastructure. Like any new technology, resistance to adoption is often based on fallacious notions, some of which may be perpetrated by those with a financial interest in competing technologies. Therefore, countering such notions with facts is crucial if both drivers and site hosts are to make an informed decision about EV adoption. Occhiuzzo most recently addressed four of the biggest misconceptions surrounding chargers in the article below for Auto Trends Magazine.

EVCS charging stations await the morning work rush

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Los Angeles, CA – June 25, 2021

Every industry is guaranteed to experience a technological revolution at some point, and currently, we are witnessing a major shift in the automotive industry away from traditional combustion engine vehicles to electric vehicles, or EVs. As with any widespread adoption of new tools and technologies, misconceptions abound, particularly around fast-charging stations and how long an EV actually takes to charge. In an effort to address these misconceptions, below is a roundup of the most circulated ideas surrounding charging stations, along with facts and expert information to set the record straight.

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Misconception No. 1:

Fast charging stations are not adequately future-proofed for newer generations of EVs.

Fact:

Future-proofing does not mean installing the most powerful chargers now, as the majority of EVs currently available cannot utilize the high 350KW charging rate. In fact, only one EV currently available for purchase can utilize this level of charge. Instead, future-proofing in the context of charging stations means guaranteeing that a site has capabilities to host more powerful chargers when EV charging requirements and economics align. That way, vendors can quickly upgrade charging sites without having to massively upgrade infrastructure.

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Misconception No. 2:

Before EVs can be adopted on a widespread scale, more powerful – not just fast – charging stations are required.

Fact:

This is entirely untrue. In fact, a number of studies have concluded the main requirement for the widespread adoption of EVs is an increase in the number of fast chargers available, not more powerful, 350K stations. Additionally, many charging companies are rapidly expanding their networks and placing them strategically to help solve this.

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Misconception No. 3:

50KW fast chargers become obsolete the moment they are installed.

Fact:

The majority of EVs currently being manufactured cannot accept a faster rate of charge than 50 kWh, and fast chargers are roughly ten times faster than Level II chargers, with the ability to fully charge an EV within an hour and a half. Additionally, most people are careful to not let their EV charge drop too low, so they only charge their car partially, which is much faster.

It also needs to be considered that once an EV battery begins to fill up, charging occurs at a lower rate regardless of charger output. In fact, after an EV reaches a 75 percent charge, the rate of charge is identical regardless of whether it is a 50KW charger or a 350KW charger.

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Misconception No. 4:

Operational expenses are the same for fast chargers as for more powerful chargers.

Fact:

Unfortunately for vendors, the biggest operating expense is the demand charge or the fees applied to the electric bills of business customers. The average cost of a demand charge is roughly $10 a KW per month, so 50KW charging stations will cost the vendor $500 per month in demand charges. A 350KW powerful charger will cost $3,500. To cover these costs, huge utilization is required but, as it stands, with only one EV model suitable to utilize these stations, recuperating these costs is not possible.

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Additionally, the industry average is also less than a 5-percent utilization rate right now, so the economics currently does not work for higher output chargers. Let’s say you install four 350KWs at a site and you are unlucky enough to have 4 vehicles charging at the same time; you will be paying $14,000 for that month just in demand charges, not including the actual cost of electricity.

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Top 10 Reasons Why Mass EV Adoption is Inevitable

According to evadoption.com, EV sales are expected to grow from 3.4% of all new auto sales in 2021 to 29.5% in 2030. In fact, they cite several models that forecast explosive growth in EV ownership across the US over the next decade. See the full sales forecasts here complete with bar charts and supporting data: https://evadoption.com/ev-sales/ev-sales-forecasts/. While skeptics might pooh-pooh these projections as overly optimistic, we believe they may actually fall short of the eventual reality. Of course, only time will tell, but below are our top 10 reasons why we believe EVs will be as commonplace as microwaves come 2030.

Installation of the Month (July 2021): LADOT Lot 657

One of our main goals has been to install charging infrastructure in underserved communities, especially urban population centers that are key to our mission of wider EV adoption. Los Angeles is rife with such neighborhoods, where low-income families who wish to participate in the greening of society cry out for cost-effective ways to be part of the solution. Lincoln Heights, one of the oldest sections of the city, is a prime example. The densely populated area boasts numerous Latino, Asian and Pacific Islander groups who have expressed interest in electric mobility, but historically lacked access to the requisite charging stations. Moreover, with a median age of just 24, Lincoln Heights is brimming with younger generation Angelenos who have already embraced the idea of sustainability, but simply need the opportunity to take action.

West Coast Electric Highway to Receive Extensive Upgrade from EVCS

ARCADIA, Calif. (August XX, 2021) – EV Charging Solutions (EVCS), one of the largest electric vehicle (EV) fast charging network operators on the West Coast, today announced that they are approved and funded by the Oregon Department of Transportation (ODOT) to upgrade 44 and add three new electric vehicle charging stations on the Oregon portion of the original West Coast Electric Highway (WCEH). Eleven of the 47 stations will be called “superstations” and will include three DC fast chargers and one Level 2 AC charger. In all, more than 100 charging ports will be upgraded or added.

Is Policy Action Alone Enough to Reach Net Zero by 2050?

Recently, BloombergNEF published a telling article titled, “Electric Vehicle Sales Set to Rise Faster Than Ever, but More Policy Action Needed to Get on Track for Net Zero.” The author raises many interesting observations about where we are now in the transition to electric mobility; where we’re projected to be in 10, 20 and even 30 years based on current trajectories; and what we need to do if we’re going to be net zero by 2050.

“Who’s Saving the Planet?” Podcast Interviews Gustavo Occhiuzzo

EVCS co-founder and CEO Gustavo Occhiuzzo recently spoke on the “Who’s Saving the Planet?” podcast about the electric mobility revolution and what we as a company are doing to help realize a truly carbon-neutral future. During the conversation with hosts Anthony Noto and Jessica Miles, Occhiuzzo made several critical points that help listeners understand where we are now in that mission, the obstacles we face, what EVCS has done to overcome those obstacles, and what we can do better as a global community. Here are some of the most prescient points: