How to Add Value to Parking Facilities With EV Parking and Charging
EV Connect
by EV Connect
1w ago
Electric vehicle (EV) market watchers estimate that 13% of new car sales in the US in 2024 will be electric. This electric vehicle (EV) revolution is not only changing the way we drive, but also creating some exciting business opportunities for parking lot owners. That’s because drivers are no longer just looking for a parking space. They’re looking for a charging spot where they can convert time at rest now into miles on the road later. This value exchange lays the foundation for building a profitable EV charging business, generating more revenue per square foot for parking lot operators.&nb ..read more
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Why Car Dealerships Should Invest in Public Charging
EV Connect
by EV Connect
1M ago
2023 was a record year in EV adoption, with 1.2 million vehicles sold in the U.S., which is almost 8 percent of vehicle sales. 2024 will see even greater demand for EVs. Cox Automotive anticipates that the EV share of the US market will reach 10 percent.   Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. increased from 16.5 percent to 55.1 percent between November 2020 and November 2023.   EVs offer dealerships the uniq ..read more
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When (and How) Should You Use a DC EV Charger?
EV Connect
by EV Connect
2M ago
According to the Alternative Fuels Data Center, there are 36,366 DC Fast charging stations available in the United States. Should you use one of them to charge your Electric Vehicle (EV)? Before you plug in, take a moment to learn the difference between AC and DC charging, how much time it will take, and whether there are any consequences for your route planning or battery maintenance. The Difference Between AC and DC Current Electrical current comes in two forms: alternating current (AC) and direct current (DC). AC is the type of electricity that flows through power grids and into homes and ..read more
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How ISO/SAE 21434 Impacts EV Cybersecurity
EV Connect
by EV Connect
3M ago
As our world grows increasingly digital, even our cars are now equipped with digital devices that control everything from our music to our air conditioners. Electric vehicles in particular have advanced to improve convenience, lower fuel costs, and reduce emissions. Electric vehicles are heavily reliant on computers and software, especially for battery management and charging. Though this is not a major concern under normal circumstances, they have the potential to be exploited by malicious actors as the adoption of electric vehicles popularizes. With the electric vehicle market expanding, c ..read more
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4 Powerful Reasons to Choose EV Connect for Your Fleet Charging
EV Connect
by EV Connect
3M ago
If you’re a fleet management provider or original equipment manufacturer (OEM) preparing to switch to an EV solution, you’re ahead of the curve. EV fleet charging is experiencing its very own surge, with fleet charging expected to become a $15-billion market by 2030. However, the benefits of going early only apply if you choose the right EV charging management platform. Here’s why EV Connect offers the best solution to lock in the full cost and time savings.  The Economics of EV Fleet Adoption Transferring to an electric vehicle fleet isn’t just a reactive measure to capitalize on new t ..read more
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What Are Typical EV Maintenance Costs?
EV Connect
by EV Connect
4M ago
If you’re switching to an electric vehicle (EV) from an internal combustion engine (ICE) car, how do the maintenance costs stack up? The good news is that EV maintenance costs are consistently lower than for gas-powered vehicles. Maintenance costs should gradually come down over time as key materials become more affordable and technical support less specialized. With charging infrastructure growing rapidly, and EV maintenance costs already shading gas-powered vehicles, there’s even more evidence that EVs are the future of the automotive industry.  Why EV Maintenance Costs Are Lower EVs c ..read more
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What to Expect with Charge Ready New York 2.0
EV Connect
by EV Connect
4M ago
Phase 2 of New York’s Charge Ready program launched on July 19, 2023 and expands the EV charging infrastructure across the state. Charge Ready New York 2.0 will increase the number of installations of Level 2 chargers at workplaces, multi-unit dwellings (MUD), and public facilities in New York State. The New York State Energy Research and Development Authority (NYSERDA) will invest $29 million in Charge Ready NY 2.0. This is yet more encouraging news for New York EV drivers, whose number passed 150,000 in June 2023. Registration for new EVs increased by 231% from 2021 to 2022, offering a fres ..read more
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Building a Profitable EV Charging Business
EV Connect
by EV Connect
5M ago
Although most EV charging businesses are still on their journey to profitability, there’s never been a better time to dive into the market. That’s because the steady rise in the number of EVs on the road is about to reach the critical mass that will deliver long-term profitability. Some forecasters project that 50% of total passenger car sales in the US will be electric by 2030.  Even if the majority of cars are charged at home, that will still require (at a conservative estimate) one public charger for every 10 to 15 EVs. There’s a modest amount of EVs to charge for now, but in a few sh ..read more
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Why Do You Need an EV Charging Station Maintenance Warranty?
EV Connect
by EV Connect
5M ago
Operating an EV charging station has empowered a wide variety of business types, from apartment owners to auto dealerships, to unlock new revenue streams and drive customer loyalty. But no investment comes without risk, and in the case of EV charging stations (as with any innovative technology) that risk takes the form of service interruption and downtime. Even a single station going offline can divert time and resources away from your core business. The solution is an EV maintenance warranty, which gives operators the peace of mind that issues are taken care of in a prompt and professional m ..read more
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Top Factors Affecting EV Adoption
EV Connect
by EV Connect
5M ago
Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. That signals a shift in momentum. We’re no longer simply tracking the growth of the EV sector, so much as witnessing the full-scale transition to fossil fuel-free motoring. Yet for all the optimism around the electric vehicle adoption rate, certain human, structural and environmental factors still dictate the pace. In particular, instead of convincing consumers about the benefits of EV, the next challenge is in reassuring them that the charging network is in place. What Exactly Does Widespread EV ..read more
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