During the past few years, the global electric vehicle (EV) industry has experienced tremendous growth. According to Bloomberg New Energy Finance, total global electric vehicle sales went from approximately 3.2 million in 2020 to 10.3 million in 2022. The firm predicts more than 13 million EV sales in 2023 and exponential growth in the coming years—as many as 20 million EV sales in 2025. Global sales of commercial EVs also more than doubled in 2021 and Bloomberg reports that large global truck makers expect 35 to 60 percent of their annual sales to be electric trucks by 2025.
EV charging infrastructure is growing as well. According to the International Energy Agency (IEA), there were nearly 1.8 million public charging points worldwide in 2021. Nearly 500k chargers were installed globally just in that same year. According to the IEA, the average annual fast charger deployment growth rate in 2021 was 48 percent. BloombergNEF estimates that between now and 2040 the growing global EV fleet will require between 340 and 490 million chargers to stay on the road. The firm also predicts that the cumulative global investment in global charging infrastructure will exceed $1 trillion between today and 2040. They estimate that fast chargers will deliver 50 percent of EV energy demand and will account for 60% of total charging investment.
There is undoubtedly a huge push to build global DC fast charging networks. The US government is providing more than $5 billion in funding and incentives to build a coast-to-coast fast charging network, and many countries in Europe are rolling out similar programs to spur EV charging infrastructure growth. 2023 will be a big year for EVs and EV charging, but there’s more to the story. In this article we’ll explore some trends and predictions for the EV and EV charging industry in 2023 and beyond.
On February 15, 2023, the Federal Highway Administration (FHWA) and the Biden Administration announced standards for chargers purchased and installed with NEVI funding. These include:
Chargers used in NEVI projects must also meet Buy America standards:
Tritium will soon announce the company’s NEVI solution, which is expected to meet all the requirements outlined by the FHWA and the Biden Administration, and will be built in our new Tennessee facility.
NEVI is accelerating EV charging infrastructure rollout in the US, but we’re just at the beginning of the exponential growth curve. Many states are just getting started with their NEVI programs and most won’t be ready to install chargers until later in 2023. We predict that NEVI chargers will start to be deployed en masse in 2024.
Norway proudly proclaims that it’s the EV capital of the world—for good reason. In 2022, 73% of new cars sold in Norway were EVs and the country plans to transition its entire fleet to EVs by 2025. The country is fueling the transition with a combination of incentives and taxes on fossil-fuel-powered vehicles.
Norway is expanding its DC fast charging network to keep up with its growing EV fleet. The country of 5.3 million people has more than 18k public charging stations total and more than 5k DC fast charging stations. That gives the country one of the highest ratios of EVs to charging stations in the world. Demand for DC fast chargers remains steady in Norway, and the country is installing the fastest-available chargers along highway corridors to facilitate longer trips with EVs and electric trucks. We anticipate that Norway will continue to build out its charging networks, upgrading low-speed chargers with high-speed DC fast chargers in 2023.
Germany also saw rapid growth in EV charging infrastructure in 2022. The number of public charging stations grew from around 25k to 30k over the course of the year. Most of those were DC fast charging stations. Germany has approximately 13,192 kilometres (8,197 mi) of Autobahn (highways), where DC fast charging is key to crossing the country in short timeframes. German automakers have been at the forefront of fast charging, producing some of the fastest-charging cars in the world. Volkswagen (VW), the world’s largest automaker in 2022, released a series of EVs under its brands VW and Audi in 2022 capable of DC fast charging. The flagship Audi e-tron GT is capable of charging at a maximum rate of 270kW and most VW EVs charge at a maximum 120kW rate. DC fast chargers will be key for German EV owners and many charging stations in Germany have already upgraded to ultra-fast 350kW-plus DC chargers.
Both countries will also be deploying more heavy freight electric trucks, which have large-capacity battery packs and can especially benefit from 350kW-plus charging. We anticipate Germany and Norway leading the charge to 350kW DC fast chargers in 2023.
In 2022 many companies began electrifying their fleets. Walmart purchased 4500 Canoo Electric Delivery Vehicles (EDVs) and reserved 5k GM BrightDrop electric vans for last-mile deliveries. The company also trialed Freightliner eCascadia and Nikola heavy electric trucks for larger deliveries. Amazon also recently rolled out a fleet of Rivian electric trucks to 100 cities across the US and plans to eventually deploy 100,000 electric trucks for deliveries. The United States Post Office is also going electric, promising to spend nearly $10 billion on a fleet of more than 60k EVs by 2028.
In Europe, Amazon is also planning to spend €1 billion to electrify its delivery fleet. Many other companies are already switching to electric delivery vehicles to reduce noise and air pollution in cities. In early 2023, Germany opened up its first electric truck corridor designed specifically for heavy freight vehicles. The 600-km (373-mile) stretch of the Rhine-Alpine corridor across Germany has six charging locations that feature ultra-fast 300kW charging specifically for heavy trucks. Swedish truck maker Volvo also started delivering their heavy freight EV, the VNR electric, across the world. The truck gets a range of 440km (275 miles) from its massive 565kWh battery and is capable of easily hauling heavy loads long distances.
Many rideshare fleets are also going electric or partially electric. US-based rideshare company Revel is fully electric and in Europe Uber has teamed up with Hertz to make 25k EVs available to rideshare drivers. Uber also says that nearly 50k drivers in the US have rented a Tesla through the program and have completed more that 24 million fully electric trips. Uber plans all of its trips to be “zero emissions” under its Green Program by the end of the decade. US rideshare company Lyft has also vowed to go 100% electric by 2030.
Tritium has received orders for DC fast chargers from fleet operators around the globe and we anticipate more fleets will continue to transition to electric in 2023.
Many EVs have relied on 400v battery architecture, but the future is 800v and beyond. Twice the voltage means significantly faster charging times for EVs. The Audi e-tron GT and Porsche Taycan, Lucid Air, Hyundai IONIQ 6, and Kia EV6 already use 800v architecture and they are capable of gaining about 200 miles of range in under 20 minutes. 800v battery systems can also be smaller than 400v systems. We believe that more auto manufacturers will make the move to 800v architectures in 2023 and beyond. Toyota/Lexus is already working on 800v systems and much of the industry is expected to shift to 800v systems by 2025. These faster-charging EVs can take full advantage of ultrafast 350kW+ chargers currently on the market or in development. Tritium is currently planning to release a 400kW charger in the near future to meet the needs of ultrafast charging EVs.
But not every EV needs to charge at blistering speeds. Many commercial and fleet EVs can charge up over an hour-long lunch break or slowly overnight. That means commercial EV fleet owners can be better served by multiple, smaller DC fast chargers. DC wall box chargers offer high-speed charging in a compact, affordable, and scalable package. Tritium is currently developing a DC fast charging wall box for our PKM system. These compact chargers will connect to our PKM power rectification units and provide DC fast charging at scale for commercial fleet EVs. We expect the market for wall box DC fast chargers to grow in pace with the growth of commercial fleet EVs.
Alternating current (AC) chargers were cheap and convenient in the early days of EV infrastructure. But they’re slow, capable of delivering a maximum power of just 22kW. Many public AC charging points are being replaced with DC chargers to improve turnaround. Even lower-power DC fast chargers (50kW) can charge EVs in half the time of the best AC chargers. DC chargers are becoming the standard for public charging. According to the IEA, the rate of DC charger adoption has grown faster than the rate for AC charger installations between 2015 and 2021.
In 2020, Europe installed far more DC fast chargers than AC chargers and in 2021 the number of fast charger installations were up 30% to about 50k units. The United States also saw rapid growth in DC fast charger installations during the same time. More than 15k DC fast chargers were installed in Korea in 2021, 50% more than 2020.
Tritium expects to see continued growth in DC fast charging, and slowing growth for AC charging. We still see a role for AC charging at home where one or two cars can charge overnight, but many public AC chargers simply won’t be feasible for many charge point operators or businesses.
The EV charging market is growing fast. It helps to have experts by your side who can keep up with the changes and developments in EV charging. Our experts monitor and analyze the EV charging industry, its developments and regulations, and the latest trends and developments. Contact us today to learn how EV charging could help your business be more sustainable, efficient, and profitable.
According to a BNEF report, humanity will need approximately 290 million more electric vehicle (EV) charging points by 2040 to keep up with the growing global EV fleet. Many of those charge points will generate revenue for owners and improve business where they’re installed—EV drivers often shop and snack while their cars charge up.
Whether you’re in real estate, hospitality, retail, or food service, you’re probably thinking about EV chargers. Installing and maintaining them, however, can be expensive and complicated. Thankfully, there are ways to reduce total cost of ownership (TCO) for high-speed EV charging points.
This article outlines the fundamentals of deploying an EV charge point and ways you can save money throughout the process. It covers:
Later we’ll dive deeper into ways to build and deploy charging systems, exploring technical details, regulatory issues, and cost-saving strategies.
You might be tempted to rush into installing a charger in your business’ parking lot or your apartment building’s parking garage, but there are many things to think about before you break ground.
The Tritium team can help you research your site before you make a purchase. We have experts around the world who know local regulations, have relationships with utility companies, and can even help estimate traffic in and around your charge site. Contact us to schedule a consultation.
After site planning, you’ll need to choose your charging hardware. You may be tempted to purchase the most affordable charger, but entry level chargers can end up costing you more over time. That cheap charger may not be able to handle tomorrow’s EVs or present more issues, and you’ll be upgrading before you know it.
When shopping for chargers, look for modularity, scalability, and upgradability. Even if you’re starting small, choose a charger or chargers that can grow to meet future demand. Tritium’s RTM and PKM lines of chargers can be upgraded over time to deliver more power to more EVs, which means you can start small and develop your charging site over time.
Tritium PKM chargers can also share charging infrastructure. DC fast chargers need high-power electronics to turn the alternating current (AC) from the power grid into direct current (DC). This equipment is housed in a power cabinet, and most DC fast chargers need dedicated power cabinets to run. A PKM charger can share a single power cabinet with up to three other PKM chargers, reducing the overall cost of the charging system and making it easier to expand your charge point when you need to.
Chargers should also be able to weather the elements. Look for chargers that are sealed and rated for rain, wind, and dust. All Tritium charging stations are IP65 rated, meaning they meet strict standards for water and dust resistance.
Additionally, electric vehicles use a variety of connectors. Pioneering EVs like the Nissan Leaf used CHAdeMo (“CHArge de MOve” which Japanese EV organizations translate as “charge for moving”). Now most EVs use Combined Charging Standard (CCS1 or CCS2) connectors. Europe has standardized CCS2 charge connectors, while the US uses CCS1.
Also look for modern features like Plug and Charge integration, a communication protocol that lets drivers simply plug their EVs in for a charge without having to enter billing information—billing info is stored in the car itself. Standard payment processing should also be available for vehicles without Plug and Charge capabilities.
There’s a lot to learn about DC charger technology before you make a purchase. Working with an expert can make the process much easier and safer.
There are many government, energy company, and non-profit incentives for EV charging infrastructure, ranging from tax credits to rebates to grants. These programs were created to speed up the transition from internal combustion cars to EVs and to help EV owners who might not have access to a charger at home.
And there are many programs and incentives like this across the globe.
These are just a few of the countries and groups that are helping to meet government targets to phase out internal combustion cars and build out EV charging infrastructure. The best way to find incentives in your area is to talk to an expert. At Tritium we can help you find EV charger incentives for your region.
Most people think of EV chargers as appliances—you plug them in and they just work. But DC fast chargers handle a tremendous amount of power and generate a lot of heat. Over many charges, components can be at risk of failure and will need to be replaced. Chargers will need regular scheduled maintenance just like any other machine. Keep this in mind when choosing your equipment. Is it easy to repair? Can repairs be done in the field? Maintenance costs can add up over time and it pays to choose a charger that is designed to be easily maintained.
Fast chargers also run complicated software that interfaces with multiple networks, including utilities networks, payment processing networks, and charging point operator networks. That software requires updates and maintenance just like your PC. What kind of software support does the manufacturer offer? Think long term. Tritium software not only handles car charging, but also works with payment processing and utilities networks. We have dedicated software engineers who work to keep up with the latest developments in EVs, battery tech, and networks.
There is a wide range of positive economic and environmental aspects of the expected growth in the deployment of EV charging infrastructure worldwide. As the world shifts towards electrification, there are many options and programs available to assist operators with cost-effective deployments of DC fast-charging solutions. Choosing a qualified partner can be the best way to ensure you get the ultimate return on your investment.
Electric trucks and vans are quiet, reliable, and clean. They make our cities quieter, cleaner, and healthier. That’s why US federal, state, and even city governments have created multiple incentive programs for businesses to make the switch. Many states offer tax credits for electric delivery vehicles, and the $1.2 trillion Bipartisan Infrastructure Law includes $5 billion to help states build extensive EV charging infrastructure. Whether you’re a business or state or local government agency, now is the perfect time to take advantage of incentives to build your electric fleet—and you can rest assured that the public charging infrastructure will be there to support it.
Before you electrify your fleet, you’ll need a plan to determine what kind of charging infrastructure you need.
First, start with site design. Every business will have different vehicles, site configurations, drivers, and needs. Ask the following questions:
These questions and others will form a brief to help you truly understand what your goals are.
Once you’ve determined your site design, look at charging hardware. With a good understanding of how you’ll use your vehicles, you should have an idea of the types of charging speed you’ll need. If your vehicles will be charging up for several hours, you won’t need ultrafast DC chargers. If they need to make frequent trips, like rideshare services, ultrafast charging may be necessary.
Lastly, look at ways to reduce capital expenditure. There are many funding programs through governments, utilities, air pollution control districts, and more to help you save on fleet electrification. Also focus on total cost of ownership. Consider site construction costs, maintenance, upkeep, etc.
We’ll review several types of incentives in this article:
An EV tax credit is an incentive to encourage businesses and organizations to purchase or lease electric vehicles. Fleet owners typically lease their vehicles but can still take advantage of tax breaks.
Fleet EV incentives are available through:
The Inflation Reduction Act (IRA) is a bill that provides nearly $370 billion for climate change initiatives to help reduce carbon emissions by roughly 40 percent by 2030. It provides significant tax breaks for businesses who purchase new medium and heavy-duty electric vehicles and new chargers.
The Clean Commercial Vehicle Credit lets business claim up to 30% of the purchase price (up to $40,000) of a new medium or heavy-duty commercial EV that weighs more than 14,000 pounds, which is vehicles that fall into classes 4 and above.
There are hundreds of incentives available for fleet owners in the US. Every state has multiple programs to help transition fleets to electric power, and some power companies also offer help. At first glance it can be confusing, but there are many resources to help you sort it out. If you need more help finding incentives in your area, reach out to one of our experts.
Alternative Fuels Data Center
The Alternative Fuels Data Center (AFDC) has made finding state laws and incentives for EVs and alternative-fuel vehicles simple. Just visit the site and click on your state to see a list of available incentives. The site is kept up to date and has all the latest news about rebates, tax breaks, and grants.
California is leading the charge with 168 programs, Washington comes in second with 67, and New York third with 56 (at the time of publication). But all states in the nation are offering something to help transition to electric commercial vehicles. Alabama is offering grants for charging stations and medium/heavy duty electric vehicles. Illinois is offering grants to cover up to 80% of the cost for the installing and maintaining direct current (DC) fast chargers, like Tritium’s PKM150. Colorado is offering similar grants that fund 80% of the cost of many EV charging stations, including up to $50,000 for a 100kW or higher charger.
Those are just a few of the grants and programs available for businesses looking to electrify their fleets. Dive into the AFDC site to find programs for your area and contact one of our experts if you have questions about DC fast chargers or charging infrastructure.
Environmental Protection Agency (EPA) SmartWay Heavy-Duty Truck Electrification Resources
The EPA has compiled an exhaustive list of resources for US businesses or organizations looking to electrify their fleets. The organization has included links to incentive programs along with total cost of ownership (TCO) calculators so you can determine how much you’ll save by going electric. Here are some highlights.
The EPAs site has a wealth of information about transitioning your fleet to EVs.
Inflation Reduction Act Alternative Fueling Credit
The Alternative Fueling Credit is a general business tax credit for any company or organization that installs DC fast charging stations. It will offset up to 30% of the total costs of purchase and installation of charging equipment, up to $100,000 per charger. The credit cannot be used to offset expenses related to permitting and inspection. The tax credit can be used anywhere in the US and can be applied after receiving other EV grants or rebates but can only to the charger costs not covered by those grants or rebates. Resellers may claim this credit even if they’re selling charging equipment to a tax-exempt organization (nonprofit), government organization, or foreign entity (state or local government/tribes), but they must disclose in writing the amount of the credit. Tritium chargers, including the RTM and PKM150, qualify for the Alternative Fueling Credit.
Some US power companies offer incentives for businesses electrifying their fleets. California’s Pacific Gas and Electric Company (PG&E) offers a $9,000 rebate for transit buses and trucks that weigh over 33,000 pounds. They also offer $4,000 rebates for local delivery trucks. The company also offers up to a $42,000 rebate for 150kW and above chargers. The company will also help with site design and permitting, construction and activation, and maintenance and upgrades. There are some requirements, including:
View PG&E’s EV Fleet Program page for more information.
Many other electric companies offer services to help you transition your fleet to electric. Check with your local power company to see what programs are available.
Finding the right incentives to transition your fleet to electric can be a complicated process. And if you don’t find all the available incentives in your area, you’ll miss out on significant savings. To make sure you take advantage of all the incentives and programs you can, contact one of our experts. We can help you find those incentives, plan your charging site, and choose the proper chargers for your needs.
In 2022 Tritium passed major milestones on the road to electrifying transportation. We joined the NASDAQ in January, met with President Joe Biden, Secretary of Transportation Pete Buttigieg, Secretary of Energy Jennifer Granholm, and more at the White House, signed multiple partnership agreements with major energy suppliers and charge point operators, expanded our executive team, and opened our new manufacturing facility in Tennessee. We hired more than 350 new employees and shipped thousands of chargers around the world and received approximately $200 million in sales orders. We look forward to making 2023 an even bigger year for Tritium and electric vehicle (EV) fast charging.
Ringing the Closing Bell at the NASDAQ
After more than 20 years as a private company, Tritium went public on January 27, 2022.
“The transport industry is being electrified, which means it is more important than ever for EV owners to have access to rapid, reliable charging infrastructure,” said Jane Hunter, Tritium’s Chief Executive Officer. “We are proud to provide this networked infrastructure to our customers. As a public company, we expect to continue to expand our product suite and global footprint.”
Meeting President Biden at the White House
President Joe Biden invited Tritium CEO Jane Hunter to the White House to meet with Secretary of Transportation Pete Buttigieg, Secretary of Energy Jennifer Granholm, former National Climate Advisor Gina McCarthy, and many other politicians. Biden spoke about his administration’s commitment to electrifying transportation and building America’s fast charging infrastructure. Jane Hunter spoke about our new Tennessee manufacturing facility and the future of Tritium in America.
“This is an exciting time for the e-mobility industry,” said Hunter. “We’ve reached a tipping point, and transportation as we know it is experiencing a history-making shift. In the process, it’s providing a bipartisan opportunity to create a new future for the benefit of all Americans. Cleaner air and more jobs — it’s a win-win, for Tritium, which will continue to lead the charge in this industry, and for Americans, who will be far more likely to choose EVs when they can charge them with ease.”
“We’re going to announce a state-by-state allocation for $5 billion in funding for these chargers so states can start making plans to build out what will become a national network of electric vehicle chargers,” said President Biden. “Tritium’s new facility is going to produce up to 30 000 of these chargers every year. They’ll use American parts, American iron, American steel, and they’ll be installed up and down the highways and corridors in our communities all across the country by union workers from the IBEW (International Brotherhood of Electrical Workers).”
Major Partnership Agreements
Tritium signed major partnership agreements with world-leading energy companies and charge point operators.
BP – Tritium signed a multi-year contract to deliver nearly 1,000 DC fast chargers to world-leading energy company BP for its BP Pulse charging networks in the United States, United Kingdom, Europe, and Australia.
EasyGo – Largest private car charging network in Ireland announced deployment of 200 Tritium DC fast chargers.
Enel X Way – US charge point operator Enel X Way agreed to purchase 250 Tritium DC fast chargers for its nation-wide charging network.
evyve – UK charging network evyve plans to install 10,000 charging stations by 2030 and placed an initial order for 350 Tritium DC fast chargers.
Osprey – UK charge point operator Osprey purchased over 250 Tritium rapid chargers to expand their UK network across 100 new charging destinations.
Wise EV – Wise EV is working with Tritium to build a charging network in the United States.
Tennessee Manufacturing Facility
In August, Tritium officially opened our new Tennessee manufacturing facility. Our first US-based EV fast charger manufacturing facility, located in Lebanon, Tennessee, will employ more than 500 people over the next five years and will play a crucial role in building America’s coast-to-coast fast-charging network.
Tritium by the Numbers
As of the date of this publication, Tritium has achieved the following milestones.
Looking to 2023
In 2023 Tritium plans to keep charging ahead in our quest to electrify transportation across the globe. Our Tennessee facility will add additional assembly lines to meet growing demand for DC fast chargers in the United States and the world. We plan to manufacture fast chargers complying with Buy America standards for America’s coast-to-coast EV charging network being built under the National Electric Vehicle Infrastructure (NEVI) program.
Tritium is also hard at work creating charging solutions specifically designed for fleet operations—light, medium, and heavy-duty commercial vehicles and rideshare cars and vans. We know fleet vehicles have different requirements than consumer and commuter vehicles. Some need to be recharged multiple times a day, others only need to be charged at night. The correct charging application for your fleet can drastically reduce capital expenditure and save hundreds of thousands in site construction costs.
Last, Tritium will continue to expand our workforce, providing jobs in manufacturing, engineering, customer success, sales, and marketing. And of course, we will continue to manufacture and deliver DC fast chargers for a wide range of applications, including highway, fleets, utilities, retail and marine. We look forward to helping our customers and the world electrify transportation in 2023.
Switching to EV commercial vehicles and investing in EV charging infrastructure can save money and reduce Scope 1, Scope 2, and even Scope 3 greenhouse gas emissions.
The first step to reducing greenhouse gas (GHG) emissions is measuring how much greenhouse gases we currently emit. In the US, the Environmental Protection Agency (EPA) developed the Greenhouse Gas Reporting Program (GHGRP) in 2009 to do just that. Since then, it has surveyed major GHG emitters, including thousands of industrial facilities and suppliers of fossil fuels and other gases. US policymakers, environmental groups, the media, and scientists use the data to analyze and project global warming. Unless your company is a major industrial manufacturer or fossil fuel provider, you won’t have to participate in the GHGRP.
Still, you may be looking for ways to reduce your organization’s carbon footprint. The GHGRP program offers guidance for doing just that. This article explores the GHGRP and the ways you can reduce your organization’s carbon footprint—including transitioning from fossil fuel vehicles to electric vehicles.
If a facility emits more than 25,000 metric tons of CO2 per year, it must record and report those emissions to the EPA through the GHGRP. About 7,600 facilities currently report to the GHGRP. Combined, they emit 3 billion metric tons of CO2 per year, which is about 50 percent of total US GHG emissions. The EPA tracks another 1,000 fossil fuel suppliers. The EPA estimates that the GHGRP collects data on 85-90 percent of all US GHG emissions. The EPA has a list of industrial operations covered by the GHRP here. The EPA tracks total US GHG emissions in the US Greenhouse Gas Inventory.
According to the EPA, most office-based businesses, small businesses, and public institutions are relatively low GHG emitters. Most of their GHG emissions will come from electricity and vehicle usage. Small manufacturers will also have emissions related to refrigerants and other waste gases. The EPA has three categories for emissions:
Scope 1: Direct emissions from onsite combustion and mobile sources
Scope 2: Indirect emissions from purchased electricity and steam
Scope 3: Optional emissions–examples include product transport, employee business travel, and employed commuting.
The EPA offers guidance for identifying and measuring Scope 1 and Scope 2 emissions. Again, Scope 1 emissions include emissions from directly burning fossil fuels and other things like wood, yard waste, paper, etc. Scope 1 emissions also include any natural gas that may leak from pipes or tanks. Finally, Scope 1 emissions include emissions from any vehicles owned by the organization.
You can eliminate Scope 1 vehicle emissions by switching to electric vehicles (EVs). EVs emit no CO2 and can be charged with power generated with renewable energy sources like solar, wind, and geothermal. There are many other advantages to transitioning your fleet to electric. Electric vans, trucks, and cars can have a lower total cost of ownership (TCO) than their fossil fuel-powered counterparts. According to a recent study by US electric power utility PG&E, a fleet of 20 medium-duty diesel-powered delivery vans will cost approximately $4.14 million over 10 years of ownership. The TCO for an electric fleet of 20 medium-duty delivery vans over 10 years is just $2.76 million. EV fleets also give organizations the opportunity to control transportation energy/fuel costs more tightly. It’s easier to estimate the cost of electricity than it is to estimate the fluctuating price of oil and diesel fuel.
EVs are much less expensive to own and operate over time thanks to the low cost of electricity and mechanical maintenance when compared to diesel vehicles makes. There are also many tax and other government incentives for commercial EVs and EV charging infrastructure. In the US, there are significant tax breaks and funding available to businesses that want to electrify their fleet. The recently passed US Inflation Reduction Act (IRA) provides nearly $370 billion to help combat climate change. Incentives include:
The National Electric Vehicle Infrastructure (NEVI) formula program also provides $5 billion for DC fast charging sites. These funds are available now and some states have already started rolling out their NEVI programs.
Scope 2 emissions are generated by electricity production. If your organization purchases electricity generated by burning coal, Scope 2 emissions will be higher than if it purchases electricity from renewable energy sources. Many organizations don’t have a lot of choice when it comes to purchasing electricity—they usually must use electricity from whichever energy sources are available. But some utility companies offer the option to purchase all or a percentage of your electricity from renewable sources like solar or wind. Contact your local utility to determine if your organization can purchase energy from renewable sources. The EPA also offers advice for how to decrease Scope 2 emissions.
Scope 3 emissions come from any activities or assets not owned by your organization but are nonetheless the result of your organization’s activities. They include things like materials or product deliveries, business travel, and even employee commuting. Scope 3 emissions are also called value chain emissions and they often account for the majority of an organization’s GHG emissions.
The EPA has split Scope 3 emissions into 15 categories:
The EPA has more information about these categories and how to account for them here.
There are many ways that EVs can reduce Scope 3 emissions. Installing DC fast chargers at your office or facility can encourage employees to make the switch to electric, further reducing Scope 3 emissions. Organizations can also work with partners and suppliers to offer incentives to electrify delivery and other commercial vehicles. For example, a company may not own and operate the delivery vehicles for its product, but it can install DC fast chargers at distribution centers to encourage transport partners to electrify their fleets. Again, electricity prices can be more stable than diesel fuel prices, which lets organizations and their transportation partners plan more effectively.
To learn more about how EV commercial vehicles and DC fast charging infrastructure can save your organization money and cut GHG emissions, contact one of our experts today.
Not all EV chargers are equal. Like EVs, they come in many different configurations and offer different features. Whether you’re shopping for a personal electric vehicle or you’re thinking about electrifying your fleet, sorting it all out can be a chore. Here we’ll briefly explain the different types of chargers, how they work, and what it all means for people who use their EVs for at home or for business.
To make sense of EV chargers, the EV industry created three “levels” of charging that roughly correlate to charging power and speed—level 1 being the lowest power/slowest speed. This gives us a straightforward way to categorize and organize EV chargers.
Level 1 charging is the slowest and most accessible form of charging. It uses the standard home wall outlet (120v in US, 220v in EU) and your EV’s onboard charging hardware to charge your EV’s batteries. Level 1 charging usually delivers around 3-5 miles (5-8 km) of range per hour of charging. Not great, but if you leave your EV plugged in overnight you’ll probably have enough power to get to work in the morning. On the other hand, if you’re going on a road trip, it could take more than 30 hours to get 105 miles (169 km) of range. Level 1 charging is slow, but it’s cheap—the equipment comes with your EV and all you really need is an extension cord. If you have a short commute or work from home, you may not need more than level 1 charging.
But if you have a longer commute, or if you can’t wait a few days to fully charge your EV, you’ll need something faster. And if you’re running a fleet, level 1 charging won’t delivery anywhere near the power you need.
Level 2 is the fastest way to charge your vehicle at home. It uses the 240v power lines in your home that are dedicated to high-power appliances like clothes dryers, electric ovens, or central air conditioners. These higher-voltage lines provide more current (amperage) than a standard wall outlet, which means you can charge your EV faster. A level 2 charger can fully charge most passenger EVs in 8-10 hours, which is about three times as fast as a level 1 charger.
Depending on your home, you may need to have an electrician install a second 240-volt power outlet with its own circuit breaker to use a level 2 charger. Some chargers need to be hard wired into your home’s electrical system by a certified electrician and may also require a separate circuit breaker. Many can be used without a dedicated circuit breaker at lower charging levels. It’s also possible to use your existing clothes dryer outlet, swapping out the dryer’s plug for your charger’s when you need to. But before you use any level 2 charger, it’s a good idea to have an electrician inspect your home’s electrical system to make sure it can handle the power draw. High-power chargers and appliances can overload your home’s wiring, causing blown circuit breakers or even fires.
Level 2 charging may work great at home, but it won’t deliver enough power for businesses or fleets. They require more power to charge batteries much faster.
Level 3 charging doesn’t really exist as a category—it’s just a convenient way to categorize everything faster than level 2 charging. When a company or publication mentions level 3 charging, they mean DC fast charging.
Direct current (DC) fast charging is the fastest way to charge up your EV. Lithium-ion batteries store and release DC power, and there’s no way to charge them without first transforming the alternating current (AC) power in the electrical grid to DC power. Level 2 home chargers can only handle so much power. Commercial DC fast chargers connect directly to high-voltage AC power lines and have dedicated infrastructure for transforming it into DC power. Because of this, they can deliver much more power than level 2 home chargers. DC fast chargers can typically charge an EV from 20 to 80 percent in as little as 15 minutes. They are perfect for highways, retail environments, delivery vehicles, and even electrical industrial equipment.
DC fast chargers like our PKM150 are a quick and convenient way for EV drivers to charge up while they’re shopping, taking a road trip, or even grabbing a bite to eat. They will also be essential to “last-mile” delivery EVs that deliver goods from local warehouses to homes and businesses. Walmart and Amazon have both purchased electric delivery vehicles for last-mile delivery and they plan to purchase more in the coming years.
For a deeper dive into how DC fast chargers work, read our article here.
Expect to see more DC fast chargers at shopping centers, restaurants, rest stops, gas stations, and even convenience stores. Unlike gas stations, they can be purchased and installed by any business who has the space to install them. Modular chargers like our PKM and RTM series can be purchased and installed in “base” configurations and then upgraded over time to meet increased demand. According to a recent BNEF report, the world will need approximately 290 million more electric vehicle (EV) charging points by 2040 to keep up with the growing global EV fleet. The U.S EV market alone is projected to grow from $28.24 billion in 2021 to $137.43 billion in 2028.
If you’re interested in installing a DC fast charger for your business, contact a member of our sales team today:
Updated February 2023
In November 2021, President Biden signed the Infrastructure Investment and Jobs Act (Bipartisan Infrastructure Law), which provides $1.2 trillion for roads, bridges, mass transit, and other projects through 2026. The National Electric Vehicle Infrastructure (NEVI) Formula Program is part of that bill and provides $5 billion in funding to help build a coast-to-coast network of direct current (DC) fast chargers. All 50 states, Washington DC, and Puerto Rico are participating in the NEVI program, which will electrify more than 75,000 miles of the national highway system.
The Federal Highway Administration (FHWA) announced new national standards for federally funded EV chargers on February 15, 2023. These standards define requirements for connector types, payment methods, data privacy, speed and power of chargers, reliability, and the overall charging experience.
Here are some general standards for the public charging network built with NEVI funding:
In addition, chargers purchased and installed with NEVI and Discretionary Grants funds must meet FHWA Buy America standards, which ensure key components are made in America and chargers are assembled in America. Buy America standards include:
Lastly, the FHWA and the Biden administration are encouraging manufacturers and installers to work with the Electric Vehicle Infrastructure Training Program (EVITP). Through the White House Talent Pipeline Challenge (Tritium is a participant), the International Brotherhood of Electrical Workers (IBEW) has certified 20,000 electricians through EVITP.
The FHWA and US Department of Transportation have posted a final rule that establishes regulations setting minimum standards and requirements for NEVI-funded charging sites. These requirements cover everything from installation to data connections. The full list can be found on the US government website here, but here are some of the most important requirements:
Altogether, the vast network of charging sites will be able to charge millions of EVs and help move the US to a cleaner, electrified future. “A century ago, America ushered in the modern automotive era; now America must lead the electric vehicle revolution,” said US Department of Transportation Secretary Pete Buttigieg at a press event. “The President’s Bipartisan Infrastructure Law will help us win the EV race by working with states, labor, and the private sector to deploy a historic nationwide charging network that will make EV charging accessible for more Americans.”
According to consulting firm The Brattle Group, there could be as many as 35 million EVs in the US by 2030, and those vehicles will need up to 2 million public chargers. NEVI will give states the funds to purchase and install those chargers, but it’s up to the EV charging industry to build and install them.
Tritium is opening a manufacturing facility in Tennessee that is expected to be capable of producing more than 10,000 DC fast chargers per year, with the potential to produce about 30,000 units per year at peak capacity. The facility will employ more than 500 people over the next five years and chargers produced in the facility should meet FWHA Buy America requirements starting in the first quarter of 2023.
Tritium’s current NEVI solution consists of four PKM150 150kW chargers with two power rectifier units. The chargers deliver 150kW of power to four EVs simultaneously through a reliable, easily upgradeable on-site charging infrastructure.
Thanks to multiple chargers and power rectifier units, the Tritium NEVI solution provides backup charging power for higher reliability and site uptime.
Many US states will start receiving NEVI funds in Q4 2022 and they’ll be looking for NEVI-compliant charging solutions. Whether you’re a state agency, EV charger reseller, charger installer, or charging site planner, you’ll need help navigating NEVI requirements. Reach out to our experts to learn more about building and deploying NEVI-compliant DC fast charging sites.
The Inflation Reduction Act (IRA) is a law that provides nearly $370 billion in climate change investments to help reduce carbon emissions by 40 percent by 2030. It provides significant tax breaks for businesses that purchase new medium and heavy-duty electric vehicles (EVs) and new chargers.
The IRA tax credits will start after December 31, 2022, and end after December 31, 2032. Businesses can use the credits after receiving other grants or rebates like NEVI funding. These credits, along with many other grants and programs, make electrifying your fleet in the US more affordable than ever.
The Clean Commercial Vehicle Credit lets businesses claim up to 30 percent of the difference between the cost of a clean vehicle and its gas-powered counterpart (up to $40,000) for a medium or heavy-duty commercial EV that weighs more than 14,000 pounds. If a vehicle weighs less than 14,000 pounds, business can claim up to $7,500 per vehicle. There are no income limits on eligibility for the tax credit and the vehicles businesses purchase don’t have to be made or assembled in North America. Businesses cannot sell the tax credits to anyone or any company (like a dealer) for cash.
The Alternative Fuel Vehicle Refueling Property Credit is a general business tax credit for any company that installs EV chargers, including direct current (DC) fast charging stations. It will offset up to 30 percent of the total costs of purchase and installation of charging equipment, up to $100,000 per charger. Businesses cannot use the credit to offset expenses related to permitting and inspection.
Companies can only use the Alternative Fuel Vehicle Refueling Property Credit for chargers installed in a census area where the poverty rate is at least 20 percent or where the median family income in the area is equal to or less than 80 percent of the statewide median family income.
Businesses can apply the tax credit after receiving other EV grants or rebates, but only to the charger costs not covered by those grants or rebates. Resellers may claim this credit even if they’re selling charging equipment to a tax-exempt organization (nonprofit), government organization, or foreign entity (state or local government/tribes), but they must disclose in writing the amount of the credit. Tritium chargers, including the RT50, RTM75, PKM150, and RT175-S, qualify for the Alternative Refueling Credit.
This is a 10-year extension of the well-known $7,500 Clean Vehicle Credit, but it has been revised. Now it is split into two parts:
There is an income limit for the new Clean Vehicle Credit of $150,000 per year for an individual and $300,000 per year for a household, and the credit will be applied at dealerships during purchase. There are also limits on vehicle price: SUVs, pickups, and vans are limited to $80,000 and all other vehicles are limited to $55,000.
Last, but not least, the law will eliminate the cap on the number of vehicles that can be sold per automaker. The limit was 200,000 EVs per manufacturer, which made Tesla, General Motors, and Toyota EVs ineligible to receive the tax credit. Now you’ll be able to apply the Clean Vehicle Credit to EVs from those automakers.
This is another new tax credit for people who purchase used EVs. It’s worth $4,000 or 30 percent of the vehicle sale price (whichever is lower), and the credit will be applied at dealerships during purchase. There is a $75,000-per-year income limit for individuals and a $150,000-per-year income limit per household. The used EVs purchased must weigh less than 14,000 pounds and have a sale price of less than $25,000. The used EV must be at least two years old when you purchase the vehicle. For example, if you purchase a used EV in 2023, it must be a 2021 or earlier model year. It can be used for fuel cell vehicles and plug-in hybrids and the vehicles are not subject to the same sourcing requirements as new EVs.
There are many more US government incentives, grants, and programs to help you transition to EVs. Contact Tritium today to learn more about how to take advantage of them.
By Mike Calise, President – Americas
Humans are designed to survive. We’re wired for immediate responses and innate fight-or-flight reactions against the many threats of the physical world. Waiting around for things to happen makes us feel vulnerable and uncomfortable. We’re programmed to make the most use of our time and optimize our resources for ultimate survival.
In the 21st century, we have entered a convenience-driven culture. The advent of on-demand transportation, same-day delivery, on-demand food delivery, movies, podcasts, videos, and instant stock transactions have cultivated a society that depends heavily on convenience. Comfortability, accessibility, and convenience is a requirement in consumption. We expect convenient and comfortable solutions in our daily lives, so why should we fuel our vehicles differently?
The Electric Revolution
Electric vehicles (EVs) are undoubtedly the future of transportation. Auto manufacturers are transitioning to all-electric vehicle lines, oil and gas companies are diversifying with investments in EV charging, and governments are restricting the sale of internal combustion engine (ICE) vehicles. These actions encourage renewable energy growth, with trillions of dollars in private and public funding earmarked for e-mobility. Electric transportation is here, and the blueprint for highly accessible charging infrastructure is already laid through the ubiquitous electrical grid. As we shift toward this new fuel economy, we have an opportunity to enhance the way we think and act about our vehicle-fueling experience.
A World of Opportunity
When the low-fuel light illuminates in your gas-powered vehicle, you react by searching for the nearest gas station. But what if your vehicle could efficiently refuel while you sleep, work, shop, eat, entertain, or partake in your daily life?
It’s now possible for you to install EV chargers anywhere with a grid connection and, in some cases, even off-grid, allowing you to better leverage your time. The gas station model that you take for granted will not likely go away, but you’ll also have the flexibility to seamlessly integrate charging into your daily destinations. You won’t have to think about charging in the future – it will be ever-present.
The Charging Culture
Society has grown accustomed to charging at home, work, and even on airplanes and in our cars. The EV charging experience can be like charging a cell phone. Home charging offers a level of convenience not possible with ICE vehicles. Talk to any EV driver, and you’ll quickly discover that the cost savings and comfort of charging from your home are some of the best perks of owning an EV. However, not everyone lives in a single-family home, and how many times have you forgotten to charge your phone?
We now have the capability to access electrons virtually anywhere we go – with the opportunity to treat EV charging the same way. Public charging provides everyone the opportunity to charge when and where they need it.
Getting Down to Business
Businesses’ demand for public EV charging presents a massive opportunity. On-site EV charging can increase the time spent near a business, boost property value, improve air quality, add a source of revenue, and enhance corporate sustainability initiatives. It also provides a fantastic customer amenity.
Companies like Starbucks and McDonald’s are strategically offering free Wi-Fi at brick-and-mortar locations to increase traffic. Indeed, some recent studies have shown that on-site charging can increase customer dwell time by up to 50 percent.
The Greed for Speed vs. the Need for Speed
In this culture of convenience, we demand immediacy. For a truly convenient experience, EV charging needs to be quick, reliable, and easy. This is the natural evolution of how technology ultimately serves our immediate response both in the vehicle’s performance and the instantaneous ability to charge everywhere – and it’s where direct current (DC) fast charging comes in. By fully recharging your vehicle in minutes, you can power up at dedicated charging depots at your favorite store, coffee shop, or other charging-friendly retailers. These experiences are here today for consumers. Retail locations, parks & beaches, charging Superhubs are rapidly adding on-site DC fast charging to provide drivers with the fast, reliable, and convenient charge they need.
Technology Efficiency and Convergence
While Henry Ford is often falsely credited with saying, “If I had asked people what they wanted, they would have said faster horses.”, it illustrates how society often doesn’t know what to ask for in emerging technologies. For example, we didn’t know to ask for app-based ride-hailing, media streaming, on-demand transportation, a date from someone online, or instant gratification in the palm of our hand.
Steve Jobs noted that businesses should “…figure out what [customers are] going to want before they do.” The same holds for the e-mobility industry. People who charge at home also want freedom and flexibility. Expanding drivers’ options that best fit their needs, lifestyle, and comfort level will make EV charging more attractive.
Options breed confidence. When the first EV launched in 2010 in Japan, sales struggled. Drivers were apprehensive about this new technology; they could charge the car at home, but what would happen when they left the house? What if they wanted to travel outside their city? Or if they couldn’t get home in time to charge? These obstacles chipped away at driver confidence to the point where the manufacturer was compelled to invest in over 500 DC fast chargers between cities. This allowed drivers to make the transition to electric with the confidence that they wouldn’t get stranded.
Welcome to the Future
EV charging streamlines the process through more advanced technologies. Advancements like Plug and Charge allow drivers pull up to a charger, plugin, and automatically charge their card on file. No credit card reader, no radio-frequency identification (RFID) membership card, no smartphone application, and no hassle.
As transportation continues to electrify, the driver experience will continue to become more convenient and make our lives more efficient. The ability to charge anywhere with a grid connection will amplify the number of fuel points so EV drivers can “gas up” as easily as they would at a traditional fuel pump.
With continued developments in autonomous vehicles, automated charging, and more, the future of convenience is incredibly bright.
Mike Calise is President of the Americas for Tritium, which provides DC fast-charging solutions. Tritium’s mission is to provide energy freedom to the masses by deploying DC charging everywhere, including city-to-city corridors and inner-city high-density populations and smart cities. Based in Torrance, CA, Mike is responsible for promoting and developing Tritium’s market share in the USA.