Charging Infrastructure set to speedup Electric Boating growth
One of the main hesitations some global consumers, especially in rural areas, have for making the jump into an electric automobile is the lack of access to solid charging infrastructure. In the United States, rural communities suffer this the most, as they make up for about 20% of the US population and 70% of America’s road miles.
Many drivers still prefer hitting the road with the comfort of knowing they will always have easy access to their local and highway gas stations. Although, Biden’s administration has pledged its plans to add 500,000 of charging stations by 2030. Additionally, more than 50 power companies in the United States last year joined forces to build a coast-to-coast fast-charging network for electric vehicles along major travel passageways by the end of 2023.
The EU recently adopted a 55 % net emissions reduction target by 2030. The European Environment Agency (EEA) reported that to reach this goal, approximately 6.8 million public charging points will need to be installed across Europe by 2030, meaning up to 14,000 public charging points would need to be installed EU-wide every week, compared to under 2,000 per week currently.