ChargePoint data shows a new EV bottleneck forming
3 months ago
- #Infrastructure Growth
- #EV Charging
- #Sustainability
- ChargePoint enabled over 100 million EV charging sessions in the past year, with demand growing faster than new charger installations.
- Nearly 60% of the 19.3 billion electric miles enabled by ChargePoint occurred in the last two years, indicating rapid acceleration in EV adoption.
- Global EV sales rose 20% in 2025, but charging sessions on ChargePoint's network grew by 34%, outpacing new charger installations by nearly 20%.
- ChargePoint warns of worsening bottlenecks in 2026 if charger installation rates don't accelerate to meet growing demand.
- Plug-in hybrid vehicles (PHEVs) account for 16% of commercial AC charging sessions on ChargePoint's platform.
- ChargePoint's network has helped avoid the use of 714 million gallons of gasoline since 2007, translating to over $2 billion in avoided fuel costs and 4.5 million metric tons of greenhouse gas emissions.
- The company emphasizes that charger demand is now driven by the total number of EVs on the road, not just new sales.
- ChargePoint's data highlights regional and site-specific variations in charger utilization, with differences between Level 2 chargers, fleet depots, and DC fast chargers.
- The press release is seen as a marketing effort to attract more site hosts to ChargePoint's network, amid calls for more AC charging stations, especially at hotels.