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1EV Charging Index Edition 4
EV Charging Index
Edition 4 | 2023
Recharged
The electric
vehicle and EV
charging markets
regain stability
2EV Charging Index Edition 4 3EV Charging Index Edition 4
After a turbulent first half of 2022, the electric vehicle
(EV) and EV charging market returned to strong growth
according to the latest edition of Roland Berger's EV
Charging Index. Several key market indicators, such as
EV sales and charging infrastructure developments, hit
record highs, despite turbulent energy prices in some
markets.
The fourth edition of the Index, covering 30 markets in
five regions – Europe, China, Americas, Middle East and
Asia (other) – and 31 indicators, is based on industry
interviews, primary research and a survey of 16,000
participants from all regions conducted in the first half of
2023. In this report, we present the overall findings and
focus on four topical areas.
First, with global EV sales penetration reaching a record
high in 2022, we look at how the factors aecting interest
in EVs dier across the regions.
Second, we assess the drivers behind the rapid expansion
of public EV charging networks, from new technologies
to convenience.
Third, as the percentage of EV owners who report using
public charging reaches 90%, we analyze changing
customer behaviors and find that range anxiety is still
a major problem.
Lastly, we examine the emerging regionalization
of OEMs' strategies with regard to EV charging
infrastructure, especially the dierent approaches
applied in the United States and China.
Cover photo Andrew Merry/Getty Images
4 5EV Charging Index Edition 4EV Charging Index Edition 4
All of the top five performers in the fourth edition of the Index increased
or maintained their score compared to the previous edition, with all at
record-breaking highs. China topped the rankings with a total of 82 (out of
100), followed by Germany (74), the United States (73) and the Netherlands
(69). Norway (65) knocked the United Kingdom out of the top five by less
than one point. The gaps between the top five narrowed considerably, with
Germany and the United States, in particular, making ground on China.
Scores and rankings:
The pack closes on leader China,
with improvements across
the board
Source: EV Volume; Roland Berger EV Charging Index
1515
2020
2525
3535
4545
5555
65
65
7575
3030
4040
5050
60
60
7070
8080
85
Qatar
UAE
Turkey
Thailand
Belgium
Brazil
India
France
Norway
Canada
Saudi Arabia
Indonesia
Israel
Edition 2
(April 2022)
Hungary
Switzerland
Portugal
Sweden
UK
Netherlands
GLOBAL GLOBAL
GLOBAL
Germany
USA
China
South Korea
Italy
Singapore
Japan
Spain
Qatar
Qatar
Vietnam
Vietnam
UAE
UAE
Turkey
Turkey
Thailand
Thailand
Romania Romania
Belgium
Belgium
Brazil
Brazil
India
India
France France
Norway
Norway
Canada
Canada
Saudi Arabia
Saudi Arabia
Indonesia
Indonesia
Malaysia
Malaysia
Israel Israel
Edition 3
(November 2022)
Edition 4
(May 2023)
Hungary Hungary
Switzerland
Switzerland
Portugal
Portugal
Sweden Sweden
UK
UK
Germany
Germany
USA
USA
China China
South Korea
South Korea
Italy
Italy
Singapore Singapore
Japan
Japan
Spain
Spain
UAE
Turkey
Canada
Italy
Spain
South Korea
Sweden
Belgium
France
Germany
Norway
Netherlands
China
UKUSA
Edition 1
(November 2021)
Netherlands Netherlands
Closing the gap: While China again tops the rankings,
the chasing pack of Germany, the US, the Netherlands
and Norway are catching up
1EVChargingIndexEdition4EVChargingIndexEdition42023RechargedTheelectricvehicleandEVchargingmarketsregainstability2EVChargingIndexEdition43EVChargingIndexEdition4Afteraturbulentfirsthalfof2022,theelectricvehicle(EV)andEVchargingmarketreturnedtostronggrowthaccordingtothelatesteditionofRolandBerger'sEVChargingIndex.Severalkeymarketindicators,suchasEVsalesandcharginginfrastructuredevelopments,hitrecordhighs,despiteturbulentenergypricesinsomemarkets.ThefourtheditionoftheIndex,covering30marketsinfiveregions–Europe,China,Americas,MiddleEastandAsia(other)–and31indicators,isbasedonindustryinterviews,primaryresearchandasurveyof16,000participantsfromallregionsconductedinthefirsthalfof2023.Inthisreport,wepresenttheoverallfindingsandfocusonfourtopicalareas.First,withglobalEVsalespenetrationreachingarecordhighin2022,welookathowthefactorsaffectinginterestinEVsdifferacrosstheregions.Second,weassessthedriversbehindtherapidexpansionofpublicEVchargingnetworks,fromnewtechnologiestoconvenience.Third,asthepercentageofEVownerswhoreportusingpublicchargingreaches90%,weanalyzechangingcustomerbehaviorsandfindthatrangeanxietyisstillamajorproblem.Lastly,weexaminetheemergingregionalizationofOEMs'strategieswithregardtoEVcharginginfrastructure,especiallythedifferentapproachesappliedintheUnitedStatesandChina.CoverphotoAndrewMerry/GettyImages45EVChargingIndexEdition4EVChargingIndexEdition4AllofthetopfiveperformersinthefourtheditionoftheIndexincreasedormaintainedtheirscorecomparedtothepreviousedition,withallatrecord-breakinghighs.Chinatoppedtherankingswithatotalof82(outof100),followedbyGermany(74),theUnitedStates(73)andtheNetherlands(69).Norway(65)knockedtheUnitedKingdomoutofthetopfivebylessthanonepoint.Thegapsbetweenthetopfivenarrowedconsiderably,withGermanyandtheUnitedStates,inparticular,makinggroundonChina.Scoresandrankings:ThepackclosesonleaderChina,withimprovementsacrosstheboardSource:EVVolume;RolandBergerEVChargingIndex1515202025253535454555556565757530304040505060607070808085QatarUAETurkeyThailandBelgiumBrazilIndiaFranceNorwayCanadaSaudiArabiaIndonesiaIsraelEdition2(April2022)HungarySwitzerlandPortugalSwedenUKNetherlandsGLOBALGLOBALGLOBALGermanyUSAChinaSouthKoreaItalySingaporeJapanSpainQatarQatarVietnamVietnamUAEUAETurkeyTurkeyThailandThailandRomaniaRomaniaBelgiumBelgiumBrazilBrazilIndiaIndiaFranceFranceNorwayNorwayCanadaCanadaSaudiArabiaSaudiArabiaIndonesiaIndonesiaMalaysiaMalaysiaIsraelIsraelEdition3(November2022)Edition4(May2023)HungaryHungarySwitzerlandSwitzerlandPortugalPortugalSwedenSwedenUKUKGermanyGermanyUSAUSAChinaChinaSouthKoreaSouthKoreaItalyItalySingaporeSingaporeJapanJapanSpainSpainUAETurkeyCanadaItalySpainSouthKoreaSwedenBelgiumFranceGermanyNorwayNetherlandsChinaUKUSAEdition1(November2021)NetherlandsNetherlandsClosingthegap:WhileChinaagaintopstherankings,thechasingpackofGermany,theUS,theNetherlandsandNorwayarecatchingup6EVChargingIndexEdition47EVChargingIndexEdition4Infact,theimprovedperformanceofcountriesacrosstheMiddleEastandSoutheastAsiahelpedtodriveuptheaveragecountryscorefrom45to51points.ThisindicatesahealthyandgrowingglobalEVchargingmarket.Therewaspositivenewsattheotherendofthetable,too.Severalcountriesshowedabigimprovementintheirscore,withMalaysia(41)andIndonesia(41)bothjumpingby12points,andevenbottom-of-the-tableSaudiArabiajumpingfrom16to27points.Source:RolandBergerEVChargingIndexGlobalgrowth:Improvedscoresinalmostall30countriesreflectacross-the-boardimprovementinEVchargingBrazil45>6050-59.940-49.920-39.9NotincludedinthescopeEVCHARGINGINDEXSCORINGRESULTS[totalof100pointsfrom31rankingindicators]Portugal46Switzerland58Italy51Turkey39Israel36UAE35India51Japan47Qatar42SaudiArabia27Hungary34Spain58France64Belgium49Netherlands69Norway65Sweden60UK65USA73Germany74Canada49China82Indonesia42Malaysia41SouthKorea63Thailand41Singapore48Romania39Vietnam308EVChargingIndexEdition49EVChargingIndexEdition41Tobetterreflecttheseandotherdevelopments,weadjustedsomeindicatorsofthecustomersurveyinthefourtheditionoftheIndex.Wereplacedseveral"EVpurchasing"indicatorswith"EVchargingexperience"indicators,including"experienceonchargingspeed"and"convenienceofpubliccharging".Theaimistobetterreflectcustomersatisfactionwiththedevelopmentofcharginginfrastructure.SeveralrecenteventsintheEVmarkethavehelpeddrivethisoverallincreaseinscores.1Akeyfactoristhatapricewarhasbrokenout.Whilethechoiceofhigher-price-segmentEVmodelshasalwaysbeenstronginglobalmarkets,thepickingsinthelower-pricesegmenthavebeenslim.OEMshavebeenslowtofillthisgapbutarenowacting.Tesla,forinstance,iscuttingpricesonitsexistingmodelsandisexploringalow-costoption,whileBYDissettoofferitsbasicSeagullmodelfromUSD12,000inChina.Volkswagenisalsoconsideringalow-costmodelfortheEuropeanmarket.Developmentsinthechargingmarketitselfarealsohavinganimpact.Forexample,inlate2022TeslabeganexploringopeningupitsmuchenviedandfastexpandingsuperchargernetworktoallEVsinmorecountries.California,oneoftheworld'sbiggestEVmarkets,announceditwasinvestingUSD2.9billiontomorethandoubletheUSstate'snumberofpublicchargerstoaround170,000.Newpartnershipsalsocontinuedtospringup.InOctober,HertzannouncedadealwithenergygiantBPtobuildanEVchargingnetworkintheUnitedStatestoservicetherentalfirm'sgrowingEVfleet.Inaddition,GMannouncedapushintoholisticchargingservicesthroughitsnewsubsidiary,GMEnergy.WearebeginningtoseetheimpactfromofaseriesofnewlawsandinvestmentinelectrificationbytheUSfederalgovernment,asbillionsinfundingisstartingtobedisbursed.ItsInflationReductionAct(IRA),NationalElectricVehicleInfrastructure(NEVI)programandCHIPSandScienceActwilltogetherhaveamajorimpactonEVsales,charginginfrastructureandsemiconductorcapacityintheU.S.GlobalEVsalespenetrationrates(theshareofEVssoldasapercentageoftotalvehiclessold)reachedrecordhighsinthesecondhalfof2022,hitting15%atthegloballevel.Themarketthereforeappearsrelativelyresilienttoexternalfactors,whileconsumersensitivitytoinputenergycostsandriskshasrecededsincethelasteditionoftheIndex.EuropeanEVsalesreboundThefourtheditionoftheEVChargingIndexshowsthatEVsalesinmajorEuropeancountriesreboundedinlate2022afteradownswinginthefirsthalfof2022.TheunderlyingreasonbehindthisdipwastheenergycrisisandEVdrivers'highlevelofpricesensitivity–ourcustomersurveysin2021and2022showedthat42%and59%ofparticipants,respectively,regardedcostsasakeyconcernforEVpurchasing.Backontrack:EVsalespenetrationratesleapedinH22022aselectricitypricesreturnedtopre-UkrainewarlevelsEVSALESPENETRATIONRATES[H22021toH22022,%]Source:EVVolumes;IHS;RolandBergerEVmarket:ThesectorremainsresilientEuropeChina27%2021H2to2022H22021overall2022overall20%4%3%4%15%24%25%4%3%4%14%28%29%6%6%4%16%AmericasMiddleEastAsia(other)Globaloverall2021H22022H12022H223%26%16%27%3%5%2%4%3%4%13%15%10EVChargingIndexEdition411EVChargingIndexEdition4UkrainewarstillhasglobalimpactInthethirdeditionoftheIndex(H12022),weaskedoursurveyrespondentsabouttheimpactofthewarinUkraineontheirinterestinEVs.Globally,58%expressedconcernsoverfluctuatingenergypricesandtheresultingdiminishingEVtotalcostofownershipadvantages.Inthefourthedition,EVownersseemtohaveadaptedtotheeffectsoftheconflict.Now,only46%overallhaveconcernsaboutthewar'simpact,althoughthedegreeofadaptationvaries.RespondentsinChinaandtheMiddleEastnowregisterthelowestlevelsofconcern(16%and38%)andsawthebiggestdropssincethepreviousedition.Butwhiletheyalsobothrecordedsharpfalls,aroundhalfofrespondentsinEuropeandtheAmericasstillharborconcernsabouttheimpactofthewaronEVpurchases.InEurope,thisismostlikelyduetotheproximityoftheconflictandcontinueduncertaintyoverenergyprices.Europeanelectricitypricessoaredtoanunprecedentedlevelinearly2022,significantlypushingupthecostofEVdrivingandunderminingcustomers'confidenceinEVownership.However,oncesupplyanddemandconditionsallowedsomenormalizationofcosts,theEuropeanEVsalesandpenetrationrateinH22022surgedto28%from24%inH12022,higherthaninH22021.Source:DIEMPlatform;RolandBergerSource:2023EVChargingIndexEd.4customersurvey;RolandBergerJAN2022MAR2022MAY2022AUG2022HIGHESTPRICEChangein%ofaffectedparticipantsEVOWNERSFEELINGNOTORLESSAFFECTEDEVOWNERSSTILLFEELINGMILDLYMOREAFFECTEDAsenergypricesfluctuateduetotheevent,ithadsomeimpactNoimpactatallQ4AVERAGEREDUCTIONNOV2022493JAN2023GlobaloverallEuropeChinaAmericasMiddleEastAsia(other)MONTHLYAVERAGEELECTRICITYWHOLESALEPRICES[EurosperMWh,2022.01to2023.01]Thecostofwar:WhileconcernsabouttheimpactofthewarinUkraineonEVadoptionhavefallen,almosthalfofourglobalrespondentsremainwary469364447190FranceGermanyNetherlandsUKSwedenPricebacktoJan'22level,beforetheUkrainewarHastheinvasionofUkraineaffectedyourinterestinEVadoption???4258-12%-3%-39%-13%-26%-19%54464951524845558416396152483664623830704951US67%51%Netherlands51%50%UK50%44%Spain59%40%Germany48%53%France47%52%Sweden45%55%Italy44%55%Edition3resultEdition4resultGermanySwedenNetherlandsUKFrance469197-58%190141-26%447198-56%364122-67%493214-57%12EVChargingIndexEdition413EVChargingIndexEdition4TherecentboominEVsaleshasgivenahugeboosttotheglobalEVchargingmarket.Inparticular,publicchargingnetworkshavebeenrapidlyexpanding,whiletheongoingrolloutoffast-chargingtechnologyhastransformedthestructureofchargingnetworks.Accordingtooursurveyresults,thecombinationofthetwomadechargingEVsatpublicchargingstationsmuchmoreconvenientinH22022thanbefore.Inthissectionwetakeacloserlookatfastchargingandperceptionsofpublicchargingnetworks.FastchargingandtheDCchampionsFastchargersacceleratethechargingprocessbyconvertingACpower(fromthegrid)toDCpower(requiredbythebattery)atthechargingstationanddeliveringtheDCpowerdirectlytotheEV'sbattery.DCchargersarenowgrowingfasterthanACchargersinpubliccharging.Theyareespeciallyprevalentalonghighways,wheredriverswanttochargeuprapidlybeforecontinuingtheirjourney.Publiccharging:TherisingshareoffastchargersisboostingsatisfactionlevelsOursurveyresultsshowagrowingglobaltrendinpublicDCchargersaswellasDCchargerdensitymorewidely.Chinaisleadingthewayintherollout:ItsshareofDCchargersinpublicnetworksexceeded42%inH22022,forexample.Meanwhile,theMiddleEastisarisingDCstar:ItsDCchargersharegrewby7%in2022tomorethan21%,whileitsDCchargingdensityroseby125%to1.3DCchargersper100kilometersofroad.Bothfiguresaresettogrowrapidly.CustomerperceptionsaboutpublicandfastchargingUnsurprisingly,EVownersarerespondingpositivelytotheexpansionofpublicchargingnetworksandDCfastcharging.Inoursurvey,respondentsfromallfiveregionsshowedhigherlevelsofsatisfactionwiththeconvenienceofEVcharging.Atotalof83%saidthatpublicchargingnetworkswereeasiertoaccessinH22022,comparedwith67%inH12022.EVownersinChina,theAmericasandtheMiddleEastrecordedthehighestlevelsofsatisfaction.Poweringahead:AllregionssawgrowthinfastDCchargingshareanddensityin2022,withChinaleadingthewayEaseofaccess:Theshareofglobalsurveyrespondentswhothinkpubliccharginghasbecomeeasiertoaccessgrewby16%betweenH1andH22022Source:EVVolumes;deskresearch;RolandBergerSource:2023EVChargingIndexEd.4customersurvey;RolandBergerDCSHAREOFPUBLICCHARGINGINFRASTRUCTURE[%,2022H1toH2]DCCHARGERDENSITY–#OFDCCHARGERSPER100KMROADWAYS[#,2022H1toH2]EuropeChinaAmericasMiddleEastAsia(other)Globaloverall20.4%21.5%19.3%19.5%40.5%42.3%18.5%22.3%14.5%21.4%22.1%22.0%2.32.72.62.911.714.40.30.30.61.32.22.3+1.8%+22.9%+0.2%+13.4%+3.8%+25.5%+6.9%+125.0%-0.1%+5.2%ThemostsufficientThemostsignificantimprove-ment2022H12022H2Doyouthinkpubliccharginghasbecomeeasieroverthepast6months?[resultsof2022H1vs.2022H2]??PERCENTAGEWHOFEELITISMORECONVENIENT(muchmoreconvenient+abitmoreconvenient)MuchmoreconvenientOverallsatisfactionrates:xx%=2022H1xx%=2022H2AbitmoreconvenientNodifferenceMoredifficultGlobaloverallEuropeChinaAmericasMiddleEastAsia(other)67%61%74%70%76%76%83%78%93%88%89%87%35%27%51%41%48%39%23%20%21%26%30%30%15%20%7%11%10%12%24%28%23%22%16%17%2%2%2%1%1%9%10%3%8%8%6%48%51%42%46%42%48%44%42%53%45%45%47%0%14EVChargingIndexEdition415EVChargingIndexEdition4AkeypurposeofourChargingIndexistogaugeandunderstandtheshiftingbehaviorsandpreferencesofEVowners.Inthisedition,wefocusoncustomerpreferencesinpubliccharging.GrowingrelianceonpublicchargingnetworksGlobally,only10%ofEVownersnevervisitapubliccharginglocation.Morethan30%ofEVownersusepublicchargingservicesthreeormoretimesaweek.ChineseEVownersareparticularlydependentonpublicchargingnetworks.Thus,thepenetrationrateinChinais96%,with17%ofChineseEVownersvisitingpubliccharginglocationsmorethanfivetimesaweek–significantlyhigherthantheglobalaverage.Customerbehavior:EVownersarebecomingincreasinglydependentonpublicchargingWhenitcomestopublicchargingspeeds,EVownersinChinaandtheMiddleEastarethemostsatisfied,witharoundtwo-thirdsofrespondentsinbothregionsagreeingthatspeedsaresufficient.Acrossallregions,themajorityofrespondentsaresatisfied.Fastenough:MorethanhalfofEVownersthinkpublicchargingspeedsaresufficient,withChineserespondentsparticularlysatisfiedFrequentvisitors:ThevastmajorityofglobalEVownersusepubliccharginginfrastructureatleastonceaweekBasedonyourexperience,areyousatisfiedwiththechargingspeedofcurrentpublicchargingfacilities?Onaverage,howoftendoyouchargeyourEVviaapublicchargingnetwork?????Source:2023EVChargingIndexEd.4customersurvey;RolandBergerSource:2023EVChargingIndexEd.4customersurvey;RolandBergerEuropeEuropeChinaChinaAmericasAmericasMiddleEastMiddleEastAsia(other)Asia(other)GlobaloverallGlobaloverallIdon'thaveanopinionNeverorquiterarely1-2timesperweek3-4timesperweekOver5timesperweekYes,it'sgenerallyfastenoughNo,there'smajorroomforimprovementonchargingspeed5%40%55%5%36%59%5%30%65%3%37%60%7%45%48%1%30%69%10%49%32%9%13%49%30%8%4%47%32%17%9%48%34%10%8%43%39%10%6%50%35%10%Chineseownersdependmostonpubliccharging16EVChargingIndexEdition417EVChargingIndexEdition4RangeanxietystillasignificantproblemDuetocustomerdependencyonpublicchargingandgenerallypoorchargersufficiency,rangeanxietystubbornlyremainsaproblemforEVowners.Forexample,oursurveyshowedthatmorethanhalfofcustomersexpectEVstomanageatleast500kilometersonafullcharge.Overall,56%ofrespondentssaidtheirrangeanxietywashighorveryhigh.AsianEVdriverstendtobethemostanxiousaboutrange,Europeanstheleast.RoomforimprovementinpublicchargingsufficiencyMeasuringthefrequencyofvisitstopublicchargingnetworksdoesnotgiveusafullpictureofpublicchargingsufficiency.Thisisbetterdoneusingthevehicle-to-public-chargerratio.OursurveyshowspoorsufficiencyinregularpublicchargersbutbettersufficiencyinpublicDCchargers.InChina,theratiosofbothtypesofchargersincreasedinH22022,indicatingthattheexpansionofpubliccharginginfrastructureinChinaisfailingtokeepupwiththecountry'ssoaringEVsalesandcarparc.EuropeandtheAmericasmanagedtoimprovetheirratios,albeittoalevelstillsignificantlybehindChina.Upsanddowns:Whilevehicle-to-public-chargerandvehicle-to-DC-chargerratiosareimprovinginEuropeandtheAmericas,theyarefallingintheotherregionsFarfromresolved:RangeanxietyisaparticularprobleminAsiancountries,withEuropeanEVdriversmorerelaxedaboutfindingtheirnextchargingstationSource:EVVolumes;RolandBergerSource:2023EVChargingIndexEd.4customersurvey;RolandBergerBettersufficiencyFormula=EVcarparc/charger#1Examplesofrangeanxiety:"veryhigh"–ownersdemandEVrangeabove700km,"high"–500-700km,"mild"–300-500km;otherexamplesincl.EVowners'satisfactionaboutpublicchargersufficiency,chargingspeedLowersufficiencyGlobaloverall2022H12022H12022H22022H2VEHICLE-TO-PUBLIC-CHARGERRATIOVEHICLE-TO-DC-CHARGERRATIODEGREESOFRANGEANXIETYAMONGGLOBALEVOWNERS14.6118.315.9105.7EuropeChinaChina18.4149.817.6120.2China6.014.87.116.7Americas16.5112.014.666.6MiddleEast9.4130.269.517.6192.0Asia(other)8.912.771.7Thelowertheratio,thebetterthesufficiency79%Asia(other)SouthKorea70%Asia(other)Singapore70%AmericasUSA68%MiddleEastQatar68%EuropeGermany59%EuropeFrance56%EuropeItaly55%EuropeUK35%EuropeNetherlands34%1%20%46%33%2%29%49%21%3%28%46%24%4%28%46%22%8%24%37%31%5%36%41%18%5%38%41%15%7%38%38%17%18%46%27%8%18%49%27%7%%ofveryhigh&highLowMildHighVeryhigh118EVChargingIndexEdition419EVChargingIndexEdition4KeydifferentiationbetweenmarketchallengersandmarketdefendersGlobalsalesofEVsarerisingfastandthepenetrationrateisforecasttosurpass50%by2030.Especiallyinthepremiumsector,thedrivingforcebehindthisrapidexpansionisasmallgroupofEVmanufacturers(NTOs–newtransformativeornewtechnologyOEMs)thathaveathree-yearCAGRofaround71%.Meanwhile,conventionalpremiumbrandshaveunexpectedlyfallenbehindintermsofcapturingmarketshare.OneofthemainwaysthatNTOsdifferentiatethemselvesisbyprovidingbrandedchargingnetworks,givingcustomersaseamlesschargingexperience.Forexample,Teslanowoperatesaround45,000superchargersworldwide,whileNIOhas13,000,plus1,300batteryswaplocationsinChinaalone.Oursurveyresultsshowthat42%ofpeoplewhoownNTObrandsaresatisfiedwiththeircurrentchargingexperience,comparedtojust34%ofthosewhoownconventionalpremium-brandEVs.Inaddition,morethanBrandedcharging:IncreasedregionalizationofOEMs'EVcharginginfrastructurestrategyWherepeopleliketochargeIntermsofwheretocharge,destinationpublicchargingisthepreferredoption.Accordingtooursurvey,workplacechargingisthemostpopularoverallchoiceoflocation(26%),followedbyshoppingcenters(20%).Hotelsandresorts(11%)arealsogaininginpopularity.Highwaycharging(15%)istheleadingnon-destinationlocation.Location,location,location:Chargingatso-calleddestinations(workplace,shoppingcenters,etc.)accountsformostpublicchargingusageGrowingapart:Themajorconventionalpremium-brandOEMsarefallingbehindleadingnewtechnologyOEMsinglobalEVsalesSource:RBonlinesurvey2022Source:IHS;RolandBergerHowoftendoyouusethefollowingpubliccharginglocations(besideshomecharging)???GlobaloverallEuropeChinaAmericasMiddleEastAsia(other)26%19%11%15%14%14%1%24%20%11%15%16%14%1%32%16%12%16%12%13%0%26%19%12%16%13%13%1%27%17%12%17%13%13%1%26%16%12%15%14%15%1%Workplace(e.g.,parkinglotsnearoffice)5newtechnologyOEMs(Tesla,LiAuto,NIO,XPENG,Rivian)CAGR2020-22:71%13leadingconventionalOEMs(BMW,Mercedes-Benz,Audi,Volvo,LandRover,Cadillac,Infinity,...)CAGR2020-22:39%ChargingpointsalonghighwaysParkinglotsatshopping/retailcentersMunicipalstreet-sidechargingareaParkinglotsofhotels/resortsOtherCommunityparkinglots20200.60.620211.20.920221.81.2[2020-22,munits]20EVChargingIndexEdition421EVChargingIndexEdition4Readytorecharge70%ofpremium-brandEVownerssaythattheexistenceofanown-brandnetworkwouldsignificantlyinfluencetheirdecisiontobuyfromthatbrand.TheUnitedStates:IncreasedstandardizationOEMsaroundtheglobearepushingtheEVtransitionanddevelopingtheirownbrandedchargingnetworks.However,wecanobservedifferentstrategiesindifferentregions,drivenbydistinctcustomerdemandsandvaryingcompetitivedynamics,plusthefactthatdifferentregionsareatdifferentphasesofthetransitiontoelectricvehicles.IntheUnitedStates,forexample,EVsaleshavegrownfast,ataround55%in2022,yetthepenetrationrateofEVs,atapproximately6.8%,stilllagsbehindthatofEuropeandChina.USOEMsnowseestandardizationofthechargingtechnologyasthekeydrivertospeeduptheEVtransitionandareaddressingcomplaintsfromtheirclientsaboutthepoor-qualitypublicchargingnetwork.ThecompetitionbetweentheNorthAmericanChargingStandard(NACS)usedbyTeslaandtheCombinedChargingSystem(CCS),historicallybackedbyotherconventionalOEMs,hasreachedatippingpoint,withFordandGM,andlaterOEMssuchasVolvo,PolestarandRivian,andCPOplayersincludingBlinkandElectrifyAmerica,announcingagreementsunderwhichtheirvehicleswillbeabletoaccessTesla'ssuperchargernetwork.SAEInternationalhasalsoannounceditwillexpeditetheprocessfortheNACSplugtobecomeastandardbytheendof2023.ThisstandardizationwilllikelyfurtherdriveupEVpenetrationintheUnitedStates.China:DifferentiationintheEVmarketThevaluepropositionofbrandedchargingisquiteadifferentstoryinChina,whereEVpenetrationisrelativelyhigh,ataround28%andgrowing.ForChineseOEMs,brandedchargingcanactasakeydifferentiatingpointintheirEVstrategy,enablingthemtopromoteauniqueEVbrandimage,offerexceptionalcustomerexperienceandshowcasecutting-edgetechnology,suchassuperfastcharging.LeadingNTOsinChinaofferalevelofserviceintheirbrandedchargingnetworkthathasneverbeenseenbefore,includingvariouschargingoptions(fromfastchargingtoswapping),differentlocations(fromshoppingcentersandofficebuildingstohighways)andpremiumservices(fromvaletchargingtodiscountsinnearbystores).Anothercommonsalestacticistoofferusersafreechargingquotaforacertainperiodoftimeinthebrandedchargingnetwork.TocatchupwithChina,manyglobalOEMs,includingAudiandPorsche,arestartingtobuildtheirownbranded-chargingnetwork,allowingthemtomeettheircustomers'demandswithregardstoconvenience,diversityandapremiumchargingexperience.Therecanbenodoubtthatit'sbeenabusyfewmonthsintheglobalEVchargingmarket.Butwhilestrivingtobouncebackfromthefalloutofgeopoliticaltensionsandenergypriceturbulence,themarkethasshowntheresiliencetofulfillthelong-termvisionoftheEVtransition.TheperceivedroleofEVcharginghasbeengraduallytransformingfromsimplymeetingdemandtomorediversevalues–forbothEVOEMsandcustomers.Insomemarkets,premiumOEMsarebettingonbrandedchargingnetworkstoboostsalesandreinforcecustomerloyalty.Ontheotherhand,customersareexpectingcharginganxietytoberelievedthroughsufficiencyofchargingpointswithfastcharginganddiversecoverageoflocations.WithallofthesepositivesignshighlightedinthefourtheditionoftheEVChargingIndex,itseemsthemarketisreadytorecharge.Wewillcontinuetotrackitandseeifthegrowingtrendsofscale,diversityandqualityaresustained.22EVChargingIndexEdition423EVChargingIndexEdition4YourcontactsPhotosRolandBergerGmbHROLANDBERGERistheonlymanagementconsultancyofEuropeanheritagewithastronginternationalfootprint.Asanindependentfirm,solelyownedbyourPartners,weoperate51officesinallmajormarkets.Our3000employeesofferauniquecombinationofananalyticalapproachandanempathicattitude.Drivenbyourvaluesofentrepreneurship,excellenceandempathy,weatRolandBergerareconvincedthattheworldneedsanewsustainableparadigmthattakestheentirevaluecycleintoaccount.Workingincross-competenceteamsacrossallrelevantindustriesandbusinessfunctions,weprovidethebestexpertisetomeettheprofoundchallengesoftodayandtomorrow.RonZhengSeniorPartnerShanghaiOfficeron.zheng@rolandberger.com+8618121011388BobZaborsSeniorPartnerChicagoOfficebob.zabors@rolandberger.com+13129534741JackZhuangPrincipalShanghaiOfficejack.zhuang@rolandberger.com+8615601602410ErinSowerbyPrincipalDetroitOfficeerin.sowerby@rolandberger.com+16195649041TimLongstaffPartnerLondonOfficetim.longstaff@rolandberger.com+447880202910PhotosRolandBergerGmbHPublisherRolandBergerGmbHSederanger180538MunichGermany+49899230-023_2077_FLYThispublicationhasbeenpreparedforgeneralguidanceonly.Thereadershouldnotactaccordingtoanyinformationprovidedinthispublicationwithoutreceivingspecificprofessionaladvice.RolandBergerGmbHshallnotbeliableforanydamagesresultingfromanyuseoftheinformationcontainedinthepublication.©2023ROLANDBERGERGMBH.ALLRIGHTSRESERVED.

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