America Needs To Improve Its EV Capabilities

Read More: https://www.raycap.com/the-future-of-electric-vehicles/

 

The need for America to improve its infrastructure with a more widespread grid of electric vehicle charging stations is well known. There have been numerous reasons for the slow adoption of electric vehicles in America, and one by one, these issues have been being solved, furthering the push toward widespread adoption. Tesla is responsible for the most dramatic push toward widespread acceptance and adoption by the general public. This was accomplished through the development of powerful and stylish vehicles that did not have the general appearance of EVs from the past, but also through the rollout of a nationwide grid of charging stations that will allow for a full charge in less than 30 minutes. This gave Tesla owners the ability not to be as limited by the technological constraints of an electric vehicle like they were in the past, enabling further driving distances and more minor inconveniences when charging. This investment on Tesla’s part was designed to remove the mental barriers hindering sales of electric vehicles and exclusively put Tesla at the front of the pack. While every other car manufacturer has finally followed and rolled out their product, they lack the critical infrastructure that Tesla has put in place. They are still reliant upon an antiquated system of slow charging stations that will take upwards of two hours to charge their vehicle fully. This inconvenience hinders the widespread adoption of electric vehicle technology in general. While Tesla is making headway, it cannot be the only company if a switchover from gas to electric is to happen by the general public majority. For this to happen, improvements to the EV charging station grid in the United States must happen. This can only be accomplished through a private company essentially doing the same thing Tesla has done or through governmental intervention in the process. Through incentives and tax rebates that will make ownership of charging stations more attractive, the US government is attempting to create incentives that will move things forward.

The main issues are the costs associated with installing a fast-charging system into existing gas stations or properties and the risk factors to that investment. Lightning strikes to the equipment or around it can cause a significant investment loss through the destruction of the components. The larger platform necessary for fast charging stations makes this risk even more important. Only through the integration of surge protection for electric vehicle charging stations can this risk of investment be minimized and attract investors to the space. By bringing risk down, private businesses can make the investment necessary to create more availability of these new technology chargers. This will allow other manufacturers to introduce products that will compete with Tesla, and ultimately improve the adoption and switch from gas to electric for more people. The high gas prices are helping people make the switch, but we are still far from where we need to be.