Need for more charging stations as EVs are increasing – problem statement


Transportation contributes to around 28% of U.S. carbon emissions. To cut emissions by 50% by 2030, this industry will need to be rapidly decarbonized. Electric Vehicles (EVs) are the primary aspect of this approach.

 

Because electric vehicles are more costly than gasoline-powered automobiles, Biden’s infrastructure program includes $100 billion for EV subsidies. However, the EV conundrum goes beyond the upfront cost.

Need For More Charging Stations

In this decade, the number of electric vehicles on U.S. highways is expected to expand significantly. In 2020, approximately 300,000 EVs will be sold, representing approximately 2% of the U.S. market for new automobiles.

 

By 2030, however, the total number of EVs on U.S. highways might reach 35 million. How many charging stations would this require, and what obstacles must be overcome to reach this objective?

 

Costs are not the only obstacle in this case. Additionally, local regulatory constraints and energy system upgrades have a significant impact. In this light, the EV revolution faces significant legislative and technological obstacles that necessitate close collaboration across all levels of government.

Recharging Could Become a Bottleneck

Federal incentives will help reduce the cost of electric vehicles, making them more attractive. However, drivers may still be concerned with recharging. Where would they plug in their autos to quickly and conveniently recharge?

 

Consider the refueling process for ICE automobiles. When the fuel level is low, the driver pulls into a gas station and, depending on tank capacity, refuels within three to five minutes. Because gas outlets are ubiquitous, ICE drivers do not have range anxiety.

 

However, EV drivers suffer from anxiety for two reasons. Initially, there were insufficient charging stations. Second, charging EVs can take a long time.

 

Why can’t we simply install EV charging stations at gas stations? Although repurposing gas stations is a prevalent practice in Europe and can be a good idea, it has certain drawbacks.

First, charging an EV can be a lengthy process. Adding 100 miles of range could take anything from six minutes to twenty-six hours, depending on the type of charging station and the size of the EV’s battery.

 

Therefore, chargers must be located in areas where people park their vehicles for longer durations. Residences, apartments, and places of business are desirable locations. Ultimately, charging EVs presents different issues than fuelling internal combustion engines. Therefore, we must reconsider the geography of refueling as well.

The Usage Of Charging Stations

Each gas station is similar. Some may pump a bit faster, but drivers are not concerned with pumping times. But EVs are different. Level 1, Level 2, and DC fast chargers are the three primary types of charging stations.

 

Level 1 charging stations are the slowest and require a 120V AC plug (in the United States) to add around 2-5 miles per hour of charge. This is the outlet that your phone plugs into. Level 2 requires a 240V AC outlet and adds around 10 to 60 miles per hour of charging. 

Azardio Is Making EV Charging Streamlined

The lack of a universal charging station and the growing number of charging ports are the most challenging aspects of the EV market. By offering this initiative to all EV manufacturers and charging partners around the world, Azardio is working on a global battery system for all EVs. Finally, a strong network of EV charging stations will soon be available, allowing you to charge any automobile at any time.

To achieve these goals, Azardio raised funds through Angel Investors In Round 1, but in Round 2, the company is pursuing an innovative retail funding model, namely Public Funding Pools through the cryptocurrency industry.

Moreover, Azardio is constructing an EV charging network infrastructure in a number of sites throughout the world. Azardio EV charging stations will be available in the Philippines, the United States, Italy, France, Canada, India, Malaysia, South Korea, Japan, the United Kingdom, Nigeria, and South Africa during the first phase.

Following that, the firm intends to expand the network around the world, including all significant countries. As a result, it is expected that Azardio’s efforts can really solve this issue of EV charging.

For more information on how Azardio is transforming the EV charging infrastructure, check this website:  www.azardio.io