A lifetime without charging in public 

byRyan Luther

Anyone who thinks spending time at a public charging station is a blocker to buying an electric vehicle (EV) might want to consider the numbers behind EV and internal combustion engine (ICE) vehicle refueling times. The answer is that it really depends on your use case and primarily these two questions: 

• How many long-distance trips do you take each year? 

• Do you take them during winter and live in a colder climate? 

FIGURE 1 | Annual time spent charging by long-distance trip

Source | Enverus Intelligence Research

Figure 1 breaks down the math on annual fueling times between the various alternatives. Differences in battery chemistry impact charge times as well as weather-dependent range. Most drivers take less than one trip per year outside the range of modern EVs and will actually save time spent at public fueling stations with an EV over an ICE. “Weekend warriors” and “road trippers” will most likely realize the effects of range limitations the most as their time spent at public charging stations could be longer. They would benefit most from high nickel chemistries that increase energy density and vehicle range.

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Check out last week’s blog on “Securing domestic supply of lithium”

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About Enverus Intelligence®| Research
Enverus Intelligence Research, Inc. is a subsidiary of Enverus and publishes energy-sector research that focuses on the oil and natural gas industries and broader energy topics including publicly traded and privately held oil, gas, midstream and other energy industry companies, basin studies (including characteristics, activity, infrastructure, etc.), commodity pricing forecasts, global macroeconomics and geopolitical matters. Click here to learn more.


 

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Ryan Luther

Ryan joined Enverus (RS Energy) in 2016 after graduating with distinction from the University of Victoria and earning a Bachelor of Science in Economics with a business minor specializing in finance. Ryan leads the Intelligence team’s Power & Renewables research using advanced analytics and valuations to provide actionable insights to clients.

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