Proving the Business Case for the Internet of Things

Four companies dominate US EVSE market

William Payne
October 31, 2018

A report by the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) finds that four companies dominate the Level 2 EVSE charging market in the United States. These are ChargePoint, Tesla, Blink and SemaCharge. DC fast charging stations are dominated by eVgo Network, followed by Tesla.

Level 2 charging stations can be used residentially or commercially to provide electricity faster than a standard 120-volt outlet. ChargePoint has the largest number of non-residential level 2 charging stations followed by Tesla.

DC fast charging stations allow for long distance travel of EVs by providing quick recharge rates along highways and well-travelled corridors between metropolitan areas. 

In the Level 2 EVSE market, 28 percent of providers are unknown. This is the second largest segment in the market. 

In the DC fast charging EVSE market, 20 percent of providers are unknown. 

Other notable providers in the Level 2 EVSE market are: GE WattStation; eVgo; Greenlots; and EV Connect.

In the DC fast charging EVSE market, other notable providers include: ChargePoint, who have 15 percent market share; Greenlots with 10 percent; Blink with 4 percent; and AeroVironment.

There are 19,975 level 2 charging stations and 2,368 DC fast charging stations to serve electric vehicles in the U.S. Over 60 percent of those charging stations are maintained by four networks: ChargePoint, Tesla, Blink, and SemaCharge. 

Level 2 Chargers deliver AC power that provides about 10-20 miles of range per hour of charging.

DC Fast Chargers deliver DC power that provides about 60-80 miles of range per 20 minutes of charging.

In a statement, eVgo said: "EVgo built the nation's largest fast charging network to enable mass adoption of electric vehicles for American drivers," said Julie Blunden, EVgo's Executive Vice President for Business Development. "Scaling well beyond EVgo's more than 1000 DC fast chargers operating today in 34 states, we will add hundreds of new chargers within the next six months, investing private capital and leveraging public funds to enable the electrification of the transportation sector."