4.7 Million EV Charge Points to Be Installed Worldwide by 2015, Pike Forecasts
By Scott Doggett May 25, 2010
A total of 4.7 million charge points for electric vehicles will be installed worldwide during the period from now to 2015, the clean-technology market intelligence firm Pike Research forecast today.
A Tesla Roadster charging in London.
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"While the initial wave of vendors was led by niche vendors such as AeroVironment, Better Place, Coulomb Technologies, and ECOtality, heavyweight technology players such as GE, Panasonic, Samsung and Siemens are now making bold moves into the space," the firm said in a statement.
Since initiating its coverage of the EV charging equipment sector in 2009, Pike Research has downgraded its forecast slightly to the current level of 4.7 million charge points installed between 2010 and 2015, from its original estimate of 5 million charging stations during that period.
Pike Senior Analyst John Gartner stated that this is due to a somewhat slower projected rate of sales for EVs, in addition to the continued lack of a clear business model for public charging stations.
"The economics of selling a few kilowatt hours per charge are very challenging, and as such we anticipate that public charging station deployments will be driven mainly by government initiatives over the next several years," he said.
Pike Research's study, "Electric Vehicle Charging Equipment," analyzes technology and business issues related to the buildout of EV charging infrastructure in global markets.
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