Breakdown of Electric Vehicle Supply Equipment Installation Costs

The plug-in electric vehicles (PEVs) market is receiving help from the current political climate, incentives at the federal and state levels, excessive cost of petroleum fuel, growing focus on climate solutions, increasing investment and direction by automobile manufacturers and increased awareness through media reports and advertising. Increasingly, the transportation industry, in both the United States and many other countries, is aimed at electric motive energy where practical. Increased investment in research and development have led to increasing vehicle range and lower battery costs; both of which have been deterrents in the past. The increasing demand for PEVs (consisting of the battery electric vehicle [BEV] and plug-in hybrid electric vehicle [PHEV], is challenged by the need for charging infrastructure to support these vehicles. The BEV relies totally on the on-board battery to supply the motive energy while the PHEV utilizes its battery and an installed internal combustion engine (ICE). The maximum benefit is achieved by using the battery power as much as possible. This arrangement requires the use of battery charging equipment, known as electric vehicle supply equipment (EVSE).