Key Findings:

U.S.

• With an EV market share in 2022 of just over 7%, the U.S. as a whole should ideally have eight to nine EVs per public charger, with each state having its own ideal ratio based on several market maturity metrics.
• As the market-leading state in the U.S., California’s ideal ratio would be close to twelve EVs per charger. On the other hand, North Dakota, with a large land area and very small EV fleet size, would need to aim for closer to two EVs per charger.
• One of the most important goals of the National Electric Vehicle Infrastructure (NEVI) program is to equip all regions to support inter-state travel and commerce. Thus, even though less densely populated states will struggle to achieve the same ratio of public chargers to EVs, major travel corridors will continue to be equipped with additional public charging infrastructure in the coming years through NEVI program funding, ideally enabling seamless electric mobility nationwide.

EU

• Europe is a great example of how each country approaches charging infrastructure in a different way and exists at a different point in time in the maturity of its EV market.
• The Netherlands is one of the most mature EV markets in Europe, having more than a decade of strong government support. This led to a proliferation of AC charging since DC charging had not yet been standardized. Meanwhile, Malta has very few DC chargers because, as a small island country, charging would rarely be necessary.
• A key feature of the European Commission’s infrastructure targets (AFIR) focuses on travel between EU countries, meaning that important travel and commerce corridors through countries with a low EV market penetration like Bulgaria will have a high density of chargers relative to registered EVs.