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 - Lessons learned from Eaton and the risk of wildfires spread by transmission lines
Power and Renewables
ByEric Yen

As the energy landscape continues to evolve, grid congestion is becoming increasingly difficult to predict. With rapid additions of new generation and load projects, traders face growing uncertainty and rising risks in the market. The challenge lies in understanding where...

Enverus Press Release - Looking past the CCUS power plant pipe dream
Energy Transition
ByAmyra Mardhani

EIR provides an overview of recent changes and additions to the growing list of Claas VI wells associated with CCS projects in the US.

minerals-management
Minerals
ByPhillip Dunning

Discover 5 crucial tax strategies for mineral and royalty owners to maximize savings and minimize tax liability. Learn about deductions, 1031 exchanges, and more to ensure you don't overpay this tax season.

affordable energy
Energy Transition
ByAdam Robinson, Enverus Intelligence® | Research (EIR) Contributor

DeepSeek’s recently released open-source reasoning, large language model (LLM) V3-R1 has benchmarked closely to OpenAI’s o1 framework.

Enverus Blog
Energy Transition
ByBrynna Foley

As renewable energy development accelerates, interconnection queues have become increasingly congested with an influx of projects looking to connect to the grid.

energy-transition
Energy Transition
ByThomas Mulvihill

Enverus Intelligence Research (EIR) analyzes wildfire risk levels across the U.S. transmission network, as well as which transmission owners are the most at risk.

Enverus Press Release - Utica oil: America’s modest middleweight contender
Publications
ByJoseph Gyure, Editor, Enverus Intelligence®

U.S. drilling day rates took a tumble in 2024, finishing the year lower than they began for the first time since the COVID-19 pandemic. The Enverus Day Rate Survey’s U.S. composite day rate declined for the 11th consecutive month to...

Oil-drilling-officeworker-energy
Publications
ByMatthew Keillor, Editor, Enverus Intelligence®

Operators have little incentive to increase Haynesville production until gas prices increase, but higher demand is on the way for LNG and electricity generation.

Download our free e-book to explore key insights and strategies for navigating volatility in U.S. power trading markets.
Energy Transition
ByMarc De Guzman

Interconnection queue durations across independent system operators (ISOs) have lengthened and the proportion of projects successfully reaching completion is shrinking. To explore this in detail, Enverus Intelligence® Research captures the average duration of each phase in a project’s lifecycle, the...

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