Industries

EV Ecosystem

Charging Station Edge

Epik is working with clients and partners on extending the service footprint at the charging station Edge, improved AI-enabled V2x charging paradigms, Charging Network Operations Center (CNOC) deployment, and enabling vertical industry EV adoption.

EVs are an essential strategy to reduce climate and air pollution from transportation, with associated regulations and standards development that emphasize energy efficiency and lower emissions.

"There were 10 million electric cars on the world’s roads at the end of 2020, following a decade of rapid growth. Electric car registrations increased by 41% in 2020.”1

1 GlobalEV Outlook 2021 International Energy Agency, April 2021

demand for EVs

As popularity and demand for EVs continue to accelerate, (fast) charging infrastructure needs to expand in parallel. Without this infrastructure, identified as the top barrier to EV adoption, achieving country/state mandates to strengthen critical policies such as CO2 emissions standards and zero-emission vehicle (ZEV) sales will fall short.

“NREL’s infrastructure analysis, which focuses on light-duty vehicles, suggests that up to 1.2 million chargers - beyond those located at single-family homes - may be necessary to support California’s ZEV goals,” said Eric Wood, an NREL data science research engineer. “This represents a dramatic increase from the 70,000 public and shared private chargers operating in the state today.”2

2 ElectricVehicle Charging Infrastructure Trends from the Alternative Fueling StationLocator 4Q20 (NREL), June 2021

Challenges

Challenges to expanded deployment and operation of public, workplace, and commercial/fleet charging infrastructure include lack of experience and expertise and high upfront costs.

Epik can provide our in-house expertise to help transportation planners, infrastructure developers, and others understand the rapidly changing landscape for EV charging.

As important, we look beyond typical financial assistance models, such as incentives and government-sponsored financing currently employed (but falling short) to overcome upfront cost barriers, to develop value-add services that can be monetized at the charging station Edge.

“The global EV stock across all transport modes (including electric heavy-duty vehicles) expands from over 11 million in 2020 to almost 145 million vehicles by 2030, an annual average growth rate of nearly 30%.”1

1 GlobalEV Outlook 2021 International Energy Agency, April 2021

But can a country’s power grid

handle the substantial demand increase when so many EVs plug in to charge daily?

Effectively managing demand response and load scheduling in conjunction with harnessing the benefits of EV batteries as a large, distributed energy storage capacity for bi-directional charging vehicle-to-grid (V2G), vehicle-to-home (V2H), and vehicle-to-building (V2B), is already driving the evolution of the Smart Grid. And as the name implies, this is predicated on the application of AI, machine learning, and deep learning - an area of active development within Epik’s AI practice.

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