According to Kelley Blue Book estimates, electric vehicles will have a 7.6% share of the US auto market in 2023, up from 5.9% in 2022. Despite the slowdown in the growth of the electric vehicle market, electric vehicles remain a vital part of the future of sustainable mobility. In this article, we’ll look at the benefits of installing an electric car charger for your business, the different charging levels of electric car chargers, the best options, the associated costs, and government incentives.
Is installing an electric car charger good for your business?
It has become common practice for businesses to install commercial electric vehicle charging stations. As well as helping to protect the environment, installing an electric car charger can attract environmentally conscious customers and employees, giving your business an environmentally friendly reputation.
Installing electric car chargers in your business can meet the needs of the growing demand for charging. Your business will attract consumers actively seeking environmentally friendly services by providing electric car charging stations. In addition to attracting more customers, installing electric car chargers can extend the time customers stay and increase the likelihood that they will purchase other services. Installing EV chargers can help businesses attract and retain talent. Job seekers may consider workplace facilities, and the presence of charging facilities may be a deciding factor in their choice of business. Your employees won’t need to worry about charging their electric cars and will be able to manage their work-life balance more easily.
With some governments promoting the development of electric vehicles and charging infrastructure, businesses installing charging facilities may be subsidized by appropriate policies. Therefore, installing chargers for businesses will not only help them to comply with legal requirements, but they may also receive incentives from the government to ease the burden.
What is level1, level2, level3 electric car charger
In North America, electric vehicle charging levels are level 1, level 2, and level 3, with each charger having a different voltage and current rating. Each level offers flexible and comprehensive charging solutions based on different usage scenarios and needs. Therefore, understanding the type of electric vehicle is critical for companies looking for the best charging solution.
Level 1 is the most basic and slowest EV charger in residential homes. Level 2 charging offers faster speeds than Level 1 and is suitable for high-traffic globes such as shopping malls, hospitals, and scenic spots. Level 3 (DC fast charging) is the fastest charging method available. Level 3 DC fast chargers are typically used at motorway service areas and Long-distance travel charging stations, which provide higher power for EVs and meet fast charging needs.
Choosing the Best Commercial EV Charger for Your Business
In recent years, EV charger companies have designed and produced a variety of chargers to meet different business needs and preferences. Therefore, choosing the best commercial EV charger for your business requires careful consideration of several factors, such as charging speed, scalability, compatibility, network connectivity options, payment options, etc.
Business type and location
Consider the type and location of your business. If you’re a retailer in a busy commercial area, you may need faster charging speeds to serve customers who stop by frequently. If you are a manufacturer and need to charge employees in a car park who provide long stays, then you can opt for a commercial level 2 EV charger, which is better than a DC fast charger based on value for money.
Charging speed and demand analysis
Determine the type of charger based on the charging needs of your employees and customers. A slower Level 2 charger may be sufficient if they mainly do short commutes. A Level 3 DC fast charger may be more appropriate for long-distance drivers who need fast charging.
Number of devices and scalability
Consider the number of electric vehicles your business has and your plans for future growth. Choose a charging infrastructure that you can easily scale to accommodate the increase in EVs and avoid additional costs.
Network connectivity and management capabilities
If you want real-time monitoring, user authentication, and payment processing for your charging devices, choose a charger with advanced network connectivity and management features. This helps improve efficiency and provides a more convenient management experience.
Customization and branding needs
If you want your charging equipment to align with your brand image, choose an EV charger manufacturer that supports customization and branding. This will allow you to create a unique user charging experience while enhancing your corporate image.
Are there any government incentives for companies installing EV charging stations?
Yes, many governments worldwide offer incentives for businesses to install electric vehicle (EV) charging stations. These incentives are typically designed to encourage the expansion of EV infrastructure, promote sustainable development, and support the growing popularity of EVs. Some common government incentives include:
1.Tax Credits
Businesses may be eligible for tax credits as an incentive to invest in EV charging infrastructure. These credits help offset the costs of purchasing and installing charging stations.
2.Grants and funding programs
Governments and local authorities offer grants and funding programs to support businesses installing charging stations. These programs may provide financial assistance to cover some of the costs involved.
3.Rebates
Rebates are another common form of incentive. Businesses may receive a partial refund or rebate for costs incurred in installing EV charging infrastructure.
4.Subsidies
Subsidies involve direct financial support from the government to help businesses cover the costs of purchasing and installing charging stations.
Conclusion
Installing electric vehicle chargers helps the environment and enables businesses to project an environmentally friendly image. By understanding different charging levels, choosing the right EV supply equipment, and applying government incentives, companies can increase their revenue and contribute to sustainable development by investing in EV charging stations.
