Who manufactures EV charging stations in the US?

Author: Evelyn

Aug. 19, 2024

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10 Biggest EV Charging Companies in the US

In this article, we will be taking a look at the 10 biggest EV charging companies in the US. To skip our detailed analysis of the EV charging sector, you can go directly to see the 5 Biggest EV Charging Companies in the US.

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The higher the demand and supply for electric vehicles, the faster the electric vehicle charging market will grow. According to a report by Global Market Insights, the US electric vehicle market was valued at $49.1 billion in and is expected to grow at a compound annual growth rate of 15.5% over the forecast years of -. The market is projected to reach $215.7 billion by . Such indicates that the future of the electric vehicle charging industry has a positive outlook.

According to a report by Fortune Business Insights, the global electric vehicle charging station market was valued at $12 billion in . The market is expected to grow to $141.08 billion in from $16.43 billion in at a compound annual growth rate (CAGR) of 36%. More and more countries have begun to adopt electric vehicles and charging systems. As of now, companies in North America and Europe dominate the market. However, Asia Pacific holds the largest consumer base.

Nevertheless, the United States holds a large electric vehicle (EV) charging market. According to a report by Mordor Intelligence, the US electric vehicle charging equipment market was valued at $4.2 billion in . The market is expected to grow to $11.73 billion by at a compound annual growth rate (CAGR) of 22.8%. Increasing awareness of climate hazards and a shift towards clean energy has prompted the adoption of electric vehicles in the country. With that, the demand for EV charging solutions is expected to grow to unprecedented levels.

The Functionality of EV Stations May Actually Be Gloomy

While the EV charging industry is growing and is expected to experience an exponential upward trajectory, it is important for companies and authorities to maintain these systems.

On September 13, the Wall Street Journal reported a recent event on EV charging stations that came to light. Pete Buttigieg, the transportation secretary of the United States, failed to find a functional Electric Vehicle (EV) Charger. The US Secretary of Transportation owns a hybrid minivan and was looking for an EV charger in his vicinity. He said that most EV chargers in the vicinity were dysfunctional and how other EV owners faced similar experiences in the past.

This one instance sheds light on the workings and functionality of the EV charging business in the United States. According to the report, there are almost 100,000 public EV stations in the United States. However, most are reportedly dysfunctional. On the one hand, the Biden Administration is investing heavily in the EV charging industry, and on the other, the functionality of the existing EV charging stations tells us a different yet alarming story. According to the report, the government is set to establish 500,000 new EV charging stations by . However, the US Secretary of Transportation, Pete Buttigieg, seems skeptical about the initiative. The Biden Administration has allocated $7.5 billion to developing EV charging solutions in the US.

Notable Names in the EV Charging Industry

Some of the top companies that are working on developing EV charging networks and solutions include Tesla Inc. (NASDAQ:TSLA), EVgo Inc. (NASDAQ:EVGO), and ChargePoint Holdings Inc. (NYSE:CHPT). These companies are also some of the best EV stocks to buy.

Tesla Inc. (NASDAQ:TSLA) is a large multinational automotive company based in Texas, United States. The company specializes in designing and manufacturing electric vehicles, stationary battery energy storage devices, and solar panels. The company is known to dominate the electric vehicle and EV charging market with its innovative technology and strategic decision-making. On June 8, Forbes reported that General Motors Company (NYSE:GM) joined the EV charging network of Tesla Inc. (NASDAQ:TSLA). This happened two weeks after Tesla Inc. (NASDAQ:TSLA) gave Ford access to its EV charging stations. Drivers of General Motors Company's (NYSE:GM) electric vehicles will initially gain access to 12,000 Tesla supercharger ports by the start of . Later in , General Motors Company (NYSE:GM) is expected to integrate Tesla Inc.'s (NASDAQ:TSLA) North American Charging Standard in all its automobiles.

ChargePoint Holdings Inc. (NYSE:CHPT) is a leading electric vehicle infrastructure company based in California, United States. The company is another prominent member of the industry. The company's ability to integrate technology and innovation to keep up with trends in the market contributes to its standing in the industry. On August 8, the company announced its investment in technological systems that enable reliable and clear communication between charging stations and the Networks Operations Center, or NOC. The system by the NOC, involves a proactive station monitor system combined with predictive analytics. The system also integrates machine learning technology to detect station downtime for over 243,000 active charging ports by ChargePoint Holdings Inc. (NYSE:CHPT). 

EVgo Inc. (NASDAQ:EVGO) is an electric vehicle charging company based in California, United States. The company is a major player in the industry. On September 11, the company reportedly received its first shipment of 350 KW High-Power Fast Chargers from Delta Electronics. These chargers comply with the Build America, Buy America (BABA) standards. The shipment will allow EVgo Inc. (NASDAQ:EVGO) to establish a robust and elaborate supply chain network required for the widespread adoption of electric vehicles. This supply chain network will be able to support the placement of EV charging points on a wider scale. Dennis Kish, COO of EVgo, shed light on the shipment and how it will benefit the entire electric vehicle industry and significantly improve the electric vehicle charging infrastructure. He stated:

"As states award their initial round of NEVI funding, the arrival of EVgo's first batch of BABA fast chargers&#;with incredible speed for onshoring&#;signals both a tremendous moment for domestic charger manufacturing and for additional public funding opportunities as more states announce their awards. EVgo and Delta are committed to developing a resilient supply chain here in America, and this collaboration showcases the companies' capability to deliver the high-quality, high-power fast chargers we need to meet the growing demand for fast charging across the country."

Electric vehicles are the future. This is primarily due to the rising awareness that comes with the adverse impact of climate change on the world. Therefore, it is imperative to invest time and effort in improving the industry's structure. However, this is only possible with the technological support of large companies. These companies must lead the industry with technologically equipped solutions. With that, let's look at the 10 biggest EV charging companies in the United States and how they dominate the industry.

10 Biggest EV Charging Companies in the US

Our Methodology 

For our methodology, we conducted extensive research to shortlist the 10 biggest EV charging companies in the United States. For our research, we looked up EV ETFs' holdings to source the names of the biggest stocks. We also reviewed reports and lists for finding EV charging startups. Additionally, we looked up competitors of major EV charging companies to source the 10 biggest EV charging companies in the United States.

Our list includes both private and public pure-play EV charging companies. Public companies are ranked based on their market cap as of September 13, . Private companies are ranked based on their estimated funding amounts or annual revenue for the most recent fiscal year, whichever metric was available to us. We sourced and cross checked the annual revenue and estimated fundings from Growjo and Crunchbase. The list is in ascending order of the above-mentioned metrics.

10 Biggest EV Charging Companies in the US

10. Greenlots

Estimated Annual Revenue: $5.3 Million

Greenlots is a mobility infrastructure solutions provider. The company was acquired by Shell plc (NYSE:SHEL) in , to become Shell Recharge Solutions. The company provides innovative technologies to companies. These solutions allow automakers to establish electric vehicle charging infrastructure at scale. The company has offered solutions in more than 13 countries. With an estimated annual revenue of $5.3 million, Greenlots is one of the biggest electric vehicle charging companies in the United States.

9. AmpUp

Estimated Annual Revenue: $7.2 Million

AmpUp is an EV charging company based in California, United States. The company aims to make electric vehicle charging convenient and hassle-free for users. The company is a software provider and owns a leading EV charging operating system. With an estimated annual revenue of $7.2 million, the company stands as the ninth biggest EV charging company in the United States.

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8. Electrify America

Estimated Annual Revenue: $79 Million 

Electrify America is an electric vehicle charging station network operator based in the United States. The company has over 830 charging stations in the United States, with 118 stations launching soon. Additionally, the company owns over 3,600 fast chargers. The company ranks as the eighth biggest EV charging company in the United States, with an estimated annual revenue of $79 million.

Companies like Electrify America are innovating in the industry, however, that does not come without competition from some of the market leaders such as Tesla Inc. (NASDAQ:TSLA), EVgo Inc. (NASDAQ:EVGO), and ChargePoint Holdings Inc. (NYSE:CHPT).

7. Workhorse Group Inc. (NASDAQ:WKHS)

Market Cap as of September 13, : $147.36 Million

Workhorse Group Inc. (NASDAQ:WKHS) is an equipment manufacturer and technology company based in Ohio, United States. Workhorse Group Inc. (NASDAQ:WKHS) produces electric cars, trucks, and charging stations as well. With a market capitalization of $147.36 million, as of September 13, Workhorse Group Inc. (NASDAQ:WKHS) stands as the seventh-biggest Electric vehicle charging company in the United States.

6. Blink Charging Co. (NASDAQ:BLNK)

Market Cap as of September 13, : $245.67 Million

Blink Charging Co. (NASDAQ:BLNK) ranks as the sixth biggest electric vehicle charging company in the United States with a market capitalization of $245.67 million, as of September 13, . With the mission to curb climate change, the company is heavily investing in research and development for new and innovative EV charging solutions. SemaConnect was acquired by Blink Charging Co. (NASDAQ:BLNK) in . SemaConnect is an electric vehicle infrastructure company based in Maryland, United States, producing smart networked electric vehicle charging stations.

Some of the leading companies transforming the EV charging industry include Tesla Inc. (NASDAQ:TSLA), EVgo Inc. (NASDAQ:EVGO), and ChargePoint Holdings Inc. (NYSE:CHPT).

Click to continue reading the 5 Biggest EV Charging Companies in the US. 

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Disclosure: None. 10 Biggest EV Charging Companies in the US is originally published at Insider Monkey.

Top 10 EV Charger Manufacturers in the USA

Do not know which is the best EV charger manufacturer in the USA is right for you? Here's the top EV charging station brands for you.

It can be tough.

Seeking out a reliable EV charger manufacturer can be an arduous task, especially if you have a requirement that only a very experienced industry manufacturer can meet. The US has been a pacesetter in the drive for a cleaner environment with an increase in the manufacture and use of electric vehicles. This rise in EVs comes with the challenge of inadequate EV charging stations, and where they exist, manufacturers might not be up to par in quality.

This post highlights the top 10 EV charger manufacturing industry manufacturers present in the US market. So, without further ado, let&#;s dive in.

High-Performance EV Charger Manufacturer

Safe and durable chargers

OEM or white-labeling supported

Fast production and delivery

2-year warranty

Contact Electrly

I. Top 10 EV Charger Manufacturers in the USA

Here are the top 10 EV charger manufacturers in the US.

Rank EV Charger Manufacturer Year Established 1 Shell Recharge 2 Tesla, Inc. 3 ChargerPoint 4 Blink Charging 5 Clipper Creek 6 Leviton 7 SemaConnect 8 FreeWire Technologies 9 BorgWarner 10 Nuvve Holding Corp.
  • Address &#; 767 S. Alameda St., Suite 200, Los Angeles, CA, United States.
  • Year of Experience &#; 13 years ()
  • Certificates &#; CE, UL, FCC, ISO :.
  • Company Introduction &#; Since its existence in , Shell Recharge has been at the forefront of clean energy distribution through the manufacture and installation of its EV charging station. They have been able to install over 90,000 charging stations across the globe ranging from home charging stations to commercial charging stations. Although their vision is to reach 500,000 charging stations by , they are not just focused on the quantity but also the quality of the EV charging experience. This is exemplified in their quality design and installation processes, delivering a minimum of 50kWh DC charging stations which can charge an EV battery from zero to 80% in about 30 minutes. For the design and installation team, Shell Recharge has some of the brightest engineers who are highly qualified and experienced in delivering very innovative EV charging solutions, including integrating distributed energy resources (DER) that ensure a cost-effective charging system.
  • Products Offered &#; Portable EV chargers, fast charging stations, rapid charging stations, high-powered charging stations
  • Address &#; 1 Tesla Road, Austin, Texas , USA
  • Year of Experience &#; 10 years ()
  • Certificates &#; CE, UL, FCC, ENERGY STAR
  • Company Introduction &#; Though the company has been in existence since as an electric vehicle manufacturer, it wasn&#;t until before it started manufacturing and installing its EV chargers known as Superchargers. Tesla&#;s brand of EV chargers has a capacity of up to 480V DC, capable of charging an EV battery to 80% in less than 45 minutes. With more than 30,000 Supercharger units across 2,564 stations, Tesla has created a niche within the industry. It is one of the most invested EV charging manufacturers with a revenue of 53.8 billion US dollars and total equity of 30.2 billion US dollars while being publicly traded on the NASDAQ stock exchange. Its factory is located in Nevada in the US, where over 7,000 employees work on a 5.3 million square foot facility with an operational area of 1.9 million square feet.
  • Products Offered &#; Supercharger, EV charger wall connectors, adapters, cable organizer, power walls, power packs, solar roofs.
  • Address &#; 240 East Hacienda Avenue Campbell, CA , USA.
  • Year of Experience &#; 15 years ()
  • Certificates &#; CE, UL, FCC, IC, RCM, ISO :, SOC 2, ENERGY STAR, RoHS, ISO :, ISO :, and ISO :,
  • Company Introduction &#; Since its inception in , ChargePoint has installed charging stations in over one hundred and seventy EV chargers worldwide but especially in the US. Being a leading manufacturer of EV charging stations, ChargePoint comfortably manufactures its range of EV charging stations, including home and business EV charging solutions. These charging solutions are available in levels 1, 2, and 3 charging rates from normal to rapid charging EV stations. ChargePoint employs over 1,300 highly skilled professionals working from its factory in Campbell, California, USA, where it doles out over 2,000 innovative EV chargers monthly. It is also publicly traded on the New York Stock Exchange with over 146 million US dollars in revenue and 197 million US dollars in net income in .
  • Products Offered &#; Levels 1,2 and 3 charging stations, single home charging stations, multi-apartment charging stations, business charging stations, and accessories.
  • Address &#; 605 Lincoln Rd, 5th Floor Miami Beach, FL , USA
  • Year of Experience &#; 13 years ()
  • Certificates &#; CE, UL, CHAdeMO, RCM, FCC, IC
  • Company Introduction &#; established in , Blink charging company has been providing EV charging solutions to a teeming number of customers across the United States and other countries around the world. Their portfolio of services and products comprises both fast charging and rapid charging EV chargers with bespoke solutions that consider the requirement of EV owners. Blink is constantly looking to partner with property owners to install their EV charging stations across multiple locations and businesses, including public stations, shopping malls, parking stations, and municipalities.
  • Products Offered &#; Home charging stations, business charging stations, DC fast charging, Level 2 EV charging stations, mobile emergency charger.
  • Address &#; Kemper Road Auburn, CA , USA
  • Year of Experience &#; 16 years ()
  • Certificates &#; ENERGY STAR, ETL, cETL Listed
  • Company Introduction &#; Established in , ClipperCreek describes itself as a manufacturer of EVSE (Electric Vehicle Supply Equipment) and has been among the leaders in the EV industry for sixteen years. With their technologically advanced production line, ClipperCreek has released some of the fastest, safest, and most cost-effective EV charging solutions encompassing residential, commercial, and workplace charging requirements. Moreover, in the US, its factory in Auburn, California, has sold charging stations in the tens of thousands and is constantly increasing its facility to accommodate the increased level of demand in the industry. Additionally, ClipperCreek is also committed to quality manufacturing and customer satisfaction which is demonstrated in their customer advisory service to help prospective clients meet their present EV requirements and prepare for future EV demands.
  • Products Offered &#; Level 1 and 2 charging stations, commercial mounting equipment, EVSE cable retractors, and ev accessories.
  • Address &#; 201 North Service Rd Melville, NY, - United States
  • Year of Experience &#; 11 years ()
  • Certificates &#; FTA, FHWA OCPP, CE, IEC, FCC, EN, UL, and cUL.
  • Company Introduction &#; Though the Leviton brand has been around since , manufacturing brass mantle and electrical wiring products, they only started manufacturing EV chargers in . Their first EV chargers were in partnership with Ford Motors, where they manufactured the Evr-Green DC charger for Ford&#;s line of EVs. Leviton is well invested in the EV charging manufacturing industry with a manufacturing facility in New York covering.
  • Products Offered &#; wall-mounted charging stations, pedestal system, level 2 and 3 charging stations, plug-in charging stations, holster, and other accessories.
  • Address &#; Tesla Drive Suite A Bowie, Maryland, United States
  • Year of Experience &#; 14 years ()
  • Certificates &#; UL, FCC, IC RSS
  • Company Introduction &#; SemmaConnect was established in and positioned as a manufacturer of EV charging stations that meet the requirements of residential, commercial, and public EV charging consumers. With an investment of over 42 million US dollars, SemaConnect&#;s ambition is to be the preferred supplier of innovative EV charging solutions across the North American continent and the rest of the world. To achieve this feat, SemaConnect partners with various stakeholders, including retail outlets and other business locations, to reach more EV users and has installed over 1,500 charging stations across the globe. SemaConnect has also invested in innovative technologies and solutions to make charging EVs easier and more enjoyable for EV drivers and owners. With over 150 well-qualified and experienced employees, SemaConnet strives to meet its customers&#; needs and requirements.
  • Products Offered &#; EV home charging stations, commercial EV charging stations, EV charging stations for fleets, DC fast charger and accessories.
  • Address &#; Harrison St, Suite . Oakland, California, USA.
  • Year of Experience &#; 8 years ()
  • Certificates &#; Buy America compliant, UL, UL-1, UL-2, UL991, UL (battery), FCC Part 15 Class A
  • Company Introduction &#; Since its incorporation in , FreeWire Technologies have been at the forefront of providing easily accessible electric vehicle charging solutions that cater to varying categories of EV users. With over 25 investors, FreeWire Technologies has one of the highest numbers of investors in the industry, all contributing a total investment sum of 230 million US dollars. Most of these investors constitute global fortune 500 companies. While it appears to be a young enterprise in an industry with stiff competition, it has never been intimidated by other giants due to its unwavering commitment to clean energy and a diversification into other energy niches, including rechargeable batteries. Additionally, its integration of smart technologies into its manufacturing processes enhances its production of quality and reliable EV charging solutions.
  • Products Offered &#; EV chargers, ultrafast EV chargers, AMP.
  • Address &#; Hamlin Road, Auburn Hills, Michigan , United States
  • Year of Experience &#; 94 years ()
  • Certificates &#; EN -6-2/3, DIN , ISO , IEC MODE 4, EN -23 CHAdeMO.
  • Company Introduction &#; Founded almost a century ago in , BorgWarner started as a powertrain solution provider for the automotive industry. But, most recently, it has joined the league of manufacturers to achieve a cleaner environment with green energy and EV charging station manufacturing. With funding of up to 8.9 million US dollars from the US department of energy, BorgWarner has been able to manufacture some of the most efficient EV chargers in the industry. It has a range of DC chargers for fast and reliable EV charging with rugged designs to withstand some of the harshest use conditions. It also caters to various categories of EV charging solutions, including business, retail outlets, and public charging stations.
  • Products Offered &#; DC charging stations, Ferro resonant chargers, battery dischargers, hybrid chargers, DC fast chargers, and high-frequency chargers.
  • Address &#; Historic Decatur Road, Suite 200 San Diego, California , USA
  • Year of Experience &#; 12 years ()
  • Certificates &#; CSA 22.2, CSA 94.2, CSA 280-16, CSA 281.1, CSA 281.2, UL 50E, UL991, UL , UL-1, UL -2, UL , FCC Part 15, Class B, NEC 625, SAE J
  • Company Introduction &#; Since its inception in , Nuvve Holding Corporation has strived in its ambition to make EV charging and ownership as easy and accessible as air. It has proffered the use of advanced proprietary technology to advance its course and has been doing so successfully for 12 years and counting. Its charging solutions include AC and DC charging stations with a proprietary platform that enables seamless integration with the existing grid. Additionally, the present is not only in the US but also in Europe and across the globe.
  • Products Offered &#; Single-phase AC chargers, three-phase AC chargers, unidirectional DC chargers, connectors.

Conclusion

We have highlighted the top 10 EV charger manufacturers in the USA. There are also many other EV charging station companies we can consider, here are the supplier made the list for the budget pick, Electrly.

Finally, identifying the best suitable manufacturer that can meet your EV charging requirements shouldn&#;t be difficult as we&#;ve been able to bring to your notice the top echelons of the EV charging manufacturing industry. However, understanding present requirements and anticipating the future requirements for your EV charging needs can prove to be lifesaving. Nonetheless, explaining your challenges and fears to an experienced professional in the industry should help you mitigate these challenges. Ultimately, you should be able to get a reliable solution from any one of the manufacturers highlighted in this post.

For more Ev Charging Station Manufacturersinformation, please contact us. We will provide professional answers.

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