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North American Electric Vehicle Charging Infrastructure Market Sees High-voltage Growth, Finds Frost & Sullivan PR Newswire MOUNTAIN VIEW, California, July 26, 2012 - Continuous research and development (R&D) to beat back attendant issues of market emergence MOUNTAIN VIEW, California, July 26, 2012 /PRNewswire/ -- The electric vehicle (EV) charging station market in North America has grown immensely, helped along by favorable government level (federal, state and municipal) incentives and subsidies for the purchase of EVs. The government is extending these plans to the installation of charging station and funding programs such as ECOtality's EV project, which is trying to install electric vehicle charging infrastructure in six major states. New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Technology and Market Analysis of Electric Vehicle Charging Infrastructure in North America, finds that there will be approximately 4.1 million charging points by 2017. The most common ones will be the level 1 charging stations, as every EV sold will have a level 1 charging cord included in the vehicle. Level 1 charging station can be plugged in a household socket which takes approximately 8 to 10 hours to charge the vehicle and does not involve any installation cost. About 71 percent of the charging stations are expected to be level 1 followed by level 2, which will account for 27 percent of the market share by 2017.
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