Energy Transition

EV corridors | Are we there yet?

byPrashant Kumar

The Biden administration’s ambitious plan to supercharge EV and alternative fuel corridors with the installation of 500,000 electric chargers has already revved up the expansion of direct current fast chargers (DCFC) to address range anxiety among EV owners. Since the introduction of the EV infrastructure plan in April 2021, more than 16,000 public DCFCs have been installed, contributing to the current total of over 37,000 available across 10,700 charging stations. California, Florida and Texas claim the top spots in terms of fast charger count, representing about 22%, 24% and 26% in each respective state.

Several prominent players have emerged as leaders in the fast-charging network space, including Tesla, Volkswagen (Electrify America) and EVGO. Tesla boasts 2.5 times more fast chargers in its network than Volkswagen and EVGO combined. The overall charger count in the U.S. has surged by an astonishing 38% in just 27 months, with 25% of this growth attributed to the installation of fast chargers. Tesla has spearheaded this expansion, installing around 9,500 new fast chargers, and is now opening its network to non-Tesla vehicles. Consequently, the growth in total DCFCs since the announcement of EV corridors amounts to an impressive 45%.

To meet the charging corridor requirements a station must have at least four 150 kW chargers with CCS connectors and sit within a mile of a designated corridor. According to Enverus Intelligence Research’s EV Infrastructure database, the U.S. has connected almost 108,000 chargers and 45,000 stations located within one mile of both ready and pending EV corridors. Of this total, 8,073 stations offer DCFC capabilities, 571 have at least four 150 kW CCS chargers and 7,502 existing DCFC stations could be retrofitted with additional chargers to meet these requirements.

The significant increase in DCFCs has been instrumental in paving the way for widespread EV adoption. The country is on its way to realizing a comprehensive and accessible charging network, though it has a long way to go before it reaches 500,000 fast chargers. These developments bode well for the future of electric mobility in the U.S., encouraging further EV adoption and investment in the EV sector.

Highlights from Energy Transition Research

  • Blackstone makes more splashes in renewables pond – Energy Transition Pulse is published every two weeks by Enverus and covers the renewable energy sector, including projects, the deal market, finance and new technologies.
  • Renewables Performance Drivers – Design Choices That Matter – This report analyzes the impact of wind and solar project design decisions made by developers and quantifies the choices that result in the strongest asset performance.
  • CCUS Basin Breakdowns – Limited Potential in Appalachia – This report examines the potential for CO2 storage in the Oriskany sandstone in Appalachia and assesses source-to-sink project economics given the current 45Q incentive structure.

Energy is changing. Connect weekly with the ideas that are leading the way.

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. Enverus Intelligence Research, Inc. is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Click here to learn more.

Picture of Prashant Kumar

Prashant Kumar

Prashant joined Enverus in May 2018 on the Intelligence Team. Since then, he's also worked in product development and research on new energy trends and the energy transition. He earned a degree in Applied Petroleum Engineering from UPES University in India.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

Enverus Press Release - Data center demand and quantifying the exponential levers needed to power them
Energy Transition
ByCarson Kearl, Enverus Intelligence® | Research (EIR) Contributor

Last week, OpenAI reportedly pitched the White House on constructing 5 GW datacenters. But what does that really mean in practical terms?

Enverus Press Release - The race for CCUS commercialization is on
Energy Transition
ByAmy Jovanovic

The carbon capture, utilization and storage (CCUS) industry has experienced a surge in project announcements, but many of these projects have experienced delays or cancellations.

Enverus Blog - The Texas power market evolution
Power and Renewables
ByManas Trivedi

Explore ERCOT's fall challenges: transmission outages, wind curtailment, and binding constraints. Stay ahead with Enverus' congestion forecasting tools.

Enverus Press Release - OFS prices expected to bottom out by year’s end
Generative AI Oilfield Services
ByAdriana Vizcarrondo

Discover the exclusive benefits of Instant Analyst, the generative AI transforming energy market insights. Built on a decade of pioneering research, it offers precise and trustworthy analysis tailored for energy professionals.

Enverus News Release - Who’s making the connection in southern Louisiana?
Energy Transition
ByGraham Bain

Increasing demand for renewable energy is not only driven by data centers, cryptocurrency mining, green hydrogen and manufacturing but also by carbon capture, utilization and storage (CCUS), which is often overlooked. Recent developments highlight this competition: CarbonCapture withdrew its Bison...

Enverus Blog - Analyst Takes: Looking back at March energy trends
Intelligence
ByManuj Nikhanj

At Enverus, we weren’t surprised when the world recently woke up to something many did not expect – record energy production across every source and, above all, record growth in electricity demand projections. Nothing has grabbed headlines related to future...

Enverus Press Release - Load impact imminent: Data center growth at the mercy of power supply constraints
Energy Transition Intelligence
ByErin Faulkner

Data center developers in the past have shown keen interest in utilizing renewable energy but are starting to prioritize speed and reliability, providing growth opportunities to midstream gas transmission companies with large pipeline networks.

energy-transition
Energy Transition
ByCarson Kearl, Enverus Intelligence® | Research (EIR) Contributor

The surge in electricity usage fueled by the need for data centers might not be as substantial as originally thought. When examining the log-log relationship between annual information consumption (measured in exabytes) and data-center power efficiency (expressed in exabytes per...

Enverus Press Release - Canadian oil sands: Back in the limelight
Energy Analytics Financial Services
ByJeb Burleson, Senior Product Advisor, Enverus

Introduction Producers and stakeholders are at a crossroads, as the oil and gas market balances asset longevity with immediate returns, while also managing the escalating demand for operational efficiency. Asset teams are key to successfully navigating this delicate and complex...

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert