The Growing Need For EV Charging Stations
When Tesla created their network of electric vehicle charging stations, they were doing so out of the necessity that had arisen in order for them to sell more vehicles. Tesla is a solutions based company, where problems are identified and solutions are created to solve those problems. The problem of climate change as a result of the overwhelming number of gas-powered vehicles on the streets of large cities worldwide was showing no sign of slowing, and as a result of identifying this growing problem Tesla decided to go into business selling electric vehicles. Their entire realization was that electric vehicles were not popular with drivers for a few specific reasons, each of which they could identify and create a solution for. As an example, in the past electric vehicles were underpowered so Tesla created a vehicle that had as much pickup as any gas-powered vehicle in mass production. They also realized that electric vehicles tended to not be stylish or luxurious, and solved that issue by creating a line of vehicles that is considered both luxurious and aggressive. Probably the most difficult issue to solve was the fact that electric vehicles were perceived as being impractical because they could not travel the same distances as gas powered vehicles in between fill ups of the fuel source, and the stations where fuel could be added were not as convenient as gas-powered drivers had grown used to. In order to create a higher level of vehicle sales, tesla improved the battery capacities of their vehicles to a more practical level, and also built their own network of charging stations in major metropolitan areas. They even went further, creating a specialized charging system that would allow for rapid charging of vehicles. This meant that you did not need to sit with your car for hours while being recharged, and instead could fill the entire battery to capacity in under an hour.
While Tesla has its own network that caters to its drivers exclusively, many of these issues still exist with regards to other manufacturers of electric vehicles, and their drivers. In order to fully solve the issue of global emissions, more than 2% of the vehicles on the road must be electric or at least hybrid vehicles. In order to achieve this kind of goal, a wider population of electric vehicle drivers must be created outside of the ones Tesla has already cultivated. The vehicles themselves that are being produced are more stylish and luxurious than ever before, but the USA nationwide network of charging stations is still sorely lacking. There are only about 41,400 electric vehicle charging stations in the United States according to the Department of Energy. Compare this with 136,400 gas stations, and complicate matters even more with the fact that there are fewer than 5000 fast charging stations. The United States is reviewing an infrastructure bill that will provide rebates and tax credits for those that switch to electric vehicles as well as businesses involved in the space, but until a wider rollout of electric vehicle charging stations happens there will continue to be slow adoption of the technology. Through the integration of more technologically advanced surge protection into the electric vehicle charging station footprint, the costs of operation can be reduced. This is one step towards creating a greater profitability that can potentially sway private businesses that are considering entering the space.