13 Jul '12, 12am

European electric vehicle charging-station revenue will jump tenfold by 2020

Electric Vehicle Charging Equipment Sales in Europe to Reach Nearly $1.3 Billion by 2020, According to Pike Research BOULDER, Colo.--(BUSINESS WIRE)--The landscape of electric vehicle (EV) charging in Europe is quite diverse. Across Europe, multiple technologies are being utilized for EV charging. Complex regulations governing the sale of electricity vary from country to country, and several different payment models and electricity rate structures apply to EV charging services, further complicating the process of paying for vehicle charging. At the same time, the absence of a single alternating current (AC) EV charging connector standard has hampered the deployment of EV charging infrastructure. Despite these challenges, the market for electric vehicle supply equipment (EVSE) will grow rapidly in Europe over the remainder of the decade. According to a new report from Pike ...

Full article: http://green.autoblog.com/2012/07/12/european-electric-ve...

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