Part one provides an overview of the history of the U.S. EV fueling infrastructure and addresses the complex challenges inherent to designing and constructing a reliable, nationwide EV charging network.
In the United States, the sale of EVs now outpaces gas-powered vehicles, with over 200,000 sold in Q3 2022. EVs now command 6% of the U.S. auto market and, as more auto manufacturers increase production, are tracking toward the target of 50% of the market by 2030.
Last year, the U.S. EV market was valued at $165 billion and is projected to reach $434 billion by 2028, with an annual growth rate of 17.5%. Globally, more than 145 million EVs will be on the road by 2030.
Creating a safe and expansive charging infrastructure is a major challenge that must be addressed. To meet the growing EV demand, more than 12.5 million chargers will be needed by 2030. Thankfully, $7.5 billion of the federal government’s $1 trillion infrastructure plan will be used to create a nationwide network of 500,000 EV charging stations by 2030. Additionally, the White House administration has established a target of half of all new car sales in the US to be electric in less than 10 years.
While these initiatives seek to prove a tangible plan to meet decarbonization goals that are critical to prevent a rise of global temperatures above 1.5° over the next seven years—the point of no return—the administration’s plan is just the beginning. The plan opens the conversation of how we get there. The essentials of the conversation and plans include a scope to encompass
- Infrastructure,
- Cyber security, and
- Electricity capacity demand boost and the need for resilient non-carbon supply with renewable energy (RE).
This e-paper is designed to address the history of U.S automobile fueling infrastructure, the challenges inherent in designing and constructing a functional, nationwide EV charging network, and the security issues that must be addressed to ensure the safety of both of U.S. motorists and the protection of their personal data on a connected network.
Here's what you'll learn:
- Infrastructure and History
- History
- Current State of the EV Industry
- The Challenge of EV Charging Stations
- History of Gas Stations
- History of EV Charging Stations
- Overview of EV Adoption
- Critical Risks
- Cybersecurity and CIP Risks
- Current Cyberattacks and Trends
- EVs and Charging Stations are at Risk
- What are the Threats?
- Cyber Solutions Takeaways