5/11/2015

EV Makers Adopting More Powerful Onboard Chargers

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The makers of electric vehicles are beginning to equip many of their models with more powerful chargers that shorten charging times, according to market researcher Frost & Sullivan.

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The makers of electric vehicles are beginning to equip many of their models with more powerful chargers that shorten charging times, according to market researcher Frost & Sullivan.

The firm's analysis concludes onboard chargers that use regular household current and provide output of about 3 kilowatts will still be found in 62% of new EVs by 2020. Over the period annual global EV sales are projected to reach 2.2 million units.

By then installations of chargers rated at 6.6 kW or more will account for the balance of the market. The growth will create a market for more than 830,000 high-power chargers compared with the 304,000 units installed in EVs in 2014, according to the analysis.

Frost & Sullivan expects EV makers will share more components in onboard charging systems. It predicts the trend will lower the overall price of such devices by 20%-25% from the current $130-$230 per kilowatt.