Develop a future-proof EV strategy for your business
EV charging can be leveraged in many different ways. For lots of businesses, having an EV charging
strategy is an incremental part of their future operations, while for others, EV charging is an
innovative—yet, additional—way of increasing revenue and growing their business. The good news is that
there are EV charging solutions for every type of business. So, how do you know which solution is right
for your organization? To help put things in perspective, we’ve listed seven must-ask questions.
How important is the speed of your commercial EV charger?
Generally speaking, charging an EV can take between 1-20 hours with AC charging, and between 7 min-2
hours with DC charging. If you take these stats at face value, the fastest option probably sounds the
best, but this isn’t necessarily the case.
The charging speed you would like to offer should match the needs and offering of your business, and
these can differ greatly. To illustrate this point, we’ve listed a few EV charging business model
examples below.
Workplace
EV driving employees love to be able to charge their vehicles while they work, and who wouldn’t? It’s
super convenient; drive to the office, park, get some work done, and drive home with a full battery.
But how important is the charging speed in this case?
A typical workday of around 8 hours is typically more than enough time for charging stations to
refill the battery of most vehicles. So, in this case, it would make more sense to invest in Level 2
charging stations, instead of going for high-powered fast-charging stations that are capable of
charging vehicles within minutes.
Fleet
If your business operates a fleet that affects the success of your daily operations directly, such as
transportation or last-mile delivery companies, charging speed will probably rank a lot higher on the
priority list. You want to have those batteries charged quickly so that your vehicles can keep moving
at all times. In this case, fast-charging stations will help minimize vehicle downtime and avoid any
potential revenue loss. However, if your fleet can make their daily rounds on a single charge and can
charge overnight, this reasoning changes completely.