ChargePoint, Inc., Tesla and BlinkCharging Co. are Dominating for North America Electric Vehicle Charging Stations Market in 2019

North America Electric Vehicle Charging Stations Market is expected to grow at a healthy CAGR of 46.7% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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North America electric vehicle charging stations market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.

The major players dealing in North America electric vehicle charging stations market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. In December 2018, ChargePoint Inc. announced the partnership with Greenlots for enabling the charging among the networks in North America, which would be beneficial for the company as the number of charging would get increase without any additional cost.

ChargePoint Inc. is the dominating player in the electric vehicle charging stations market and accounts the highest market share in 2019, which is followed by Tesla, Blink Charging Co., SemaConnect, EVgo Services LLC, Siemens, ABB, Schneider Electric, EVBox, Efacec, ClipperCreek, Leviton Manufacturing Co. and EV Safe Charge Inc. among others.

 ChargePoint, Inc.:

ChargePoint, Inc. headquartered in California, U.S. which was founded in 2007. The company offers electric vehicle charging stations. The company is engaged in operating an open electric vehicle charging network and widening the EV charging station across U.S. Company operates in network, hardware, software and services categories out of which hardware is market focused category.

For instance,

• In October 2018, ChargePoint, Inc. agreed on partnership with FLO to provide electric vehicle charging infrastructure to the electric vehicle owners in North America region without any compulsion to register for multiple accounts, elseincur additional fees. This would help both the companies to gain more customers across the region. 

The company has wide global presence across the globe such as U.S., Germany, Canada, Netherlands and Australia.  

Tesla

Tesla has headquartered in California, U.S. and it was founded in 2003. The company is engaged in manufacturing, developing and providing electric vehicle and electric vehicle charging infrastructure. Company operates in various business segments like automotive, energy generation and storage, services and others. Out of which market focused segment is automotive. Company offers products in various categories like charging, vehicle accessories, apparel, and lifestyle; of which charging is focused category.

For instance,

• In April 2017, Tesla launched many public charging stations, which are suitable for the company, since there are 200,000 Tesla owners and riders around the world and this has helped the company in generating more revenue.

The company has presence in U.S., China, Norway and some other countries. In addition to it, the company also generates its revenue from the various subsidiary companies such as SolarCity (U.S.), Tesla Grohmann Automation (Germany), Tesla Motors Netherlands B.V. (Netherlands), Tesla Motors Switzerland GmbH (Switzerland) among others.

Blink Charging Co.:

Blink Charging Co. headquartered in Florida, U.S. which was founded in 2009. The company focuses on to design and develop electric vehicle charging stations and offer related services. The company is engaged in providing public electric vehicle charging equipment and networked and EV charging services. Company operates in various business segments like charging service revenue -company-owned charging stations, product sales, network fees, warranty revenue, grant and rebate revenue; in which market focused category for company is charging service revenue - company-owned charging stations. Company operates in various categories like EV Charging Equipment, Level 2 EV Charging, DC Fast Charging (DCFC),  Blink Network- Hosts, Blink Map API; where in company’s market focused products are Level 2 EV Charging, DC Fast Charging (DCFC).

• In October 2018, Blink Charging Co. has signed a partnership with Google Maps for assistance to the EV drivers to find the locations where its suitable charging stations are available. This would help the company in terms of revenue and customers acquisition as it makes it lot simpler to find blink charging stations in the U.S.

The company has presence across the U.S. In addition to it, the company also generates its revenue from the various subsidiary companies such as Blink Network LLC (U.S.), Car Charging, Inc (U.S.), Beam Charging LLC (U.S.), EV Pass LLC (U.S.), CCG Energy LLC (U.S.), Echarging Stations, Llc (U.S.) and 350 Green LLC (U.S.).