As we approach 2024, several key developments are set to reshape the EV charging landscape. One of the more anticipated changes to come in the new year is the switch to Tesla NACS charging ports as the North American industry standard. While many companies have announced their intention to switch, the actual implementation is expected in 2025, leaving existing non-Tesla EVs with different plugs. Questions surrounding the use of the Tesla app, adapter costs, availability, reliability, and potential inconveniences for existing Tesla owners remain open and will be closely monitored in the coming year.
The expansion of non-Tesla charging infrastructure is another highlight, with an emphasis on adapting to the changing EV landscape. Efforts to secure funds from the NEVI program have been competitive, and the slow progress since late 2021 is expected to pick up in 2024. The year is projected to witness the emergence of hundreds of new charging stations, addressing geographical gaps, and increasing capacity.
Non-Tesla EV charging stations are focused on repairing their reliability issues that are the cause of a lot of worry for EV drivers. Improvements in installation methods, monitoring, and quicker fixes can improve the operation of their charging stations.
A pivotal question for 2024 revolves around private investment in EV charging. While governments are heavily investing, the willingness of private entities to contribute remains uncertain. This is particularly crucial for rural areas, where funding sources may be limited. The industry’s ability to attract private investment could determine the pace of improvement, especially in less populated regions, and remains a key aspect to watch in the coming year.