Why EV drivers can choose 'medium' charging over fast charging
As the demand for electric vehicles (EVs) continues to grow, so does the need for charging infrastructure. Restaurants, gyms & other businesses are now offering level 2 EV chargers as a value-added service to attract customers. But why choose a level 2 EV charger over a DC fast charger? Let's dive into the data.
Firstly, level 2 chargers are more widely compatible with EV models than DC fast chargers. According to the Australian Electric Vehicle Council, there are currently over 20 EV models available in Australia, and not all of them are compatible with DC fast chargers. In contrast, level 2 chargers use the standard Type 2 connector, which is compatible with most EV models, making it a more practical option for businesses looking to cater to a diverse range of customers.
Secondly, level 2 chargers provide a more leisurely charging experience, making them a great fit for restaurants and gyms. While DC fast chargers can charge an EV in as little as 30 minutes, level 2 chargers take a few hours to fully charge a vehicle. However, this slow charging time can be seen as a positive, as it allows customers to spend more time at the business. For example, a customer may choose to dine at a restaurant, watch a movie or workout at a gym while their EV charges. This extended stay can increase revenue for the business.
Lastly, level 2 chargers are cheaper to install and maintain than DC fast chargers. According to the Australian Renewable Energy Agency, the installation of a level 2 charger typically costs between $2,000 and $5,000, while the installation of a DC fast charger can cost upwards of $50,000. Additionally, level 2 chargers require less maintenance than DC fast chargers due to their simpler design, reducing the overall cost of ownership for businesses. Whilst a small increment, Level 2 charging also doesn't degrade the battery as much as fast charging does. Over time lots of DC fast charging could add up.
As the popularity of EVs continues to grow, it's a pretty safe bet that there will always be a use-case for offering level 2 charging and can be a valuable addition to a business's amenities, attracting new customers and generating additional revenue.