Vehicle electrification is critical for reaching the goals of the Paris Agreement but to increase the uptake of electric vehicles (EVs), we need a viable and sustainable charging infrastructure in place. This workstream aims to accelerate the deployment of charging infrastructure that can support a mass adoption of EVs in the global clean energy transition.
Much of the extent of success in shifting toward low-carbon mobility is about business model viability. While many electrification use-cases, such as ride-hailing, have already proven to lower the fleet total cost of ownership, a variety of infrastructure challenges limit customer experience and increase operational and capital expenditure (CAPEX). Charging infrastructure is still limited in its access and usage rates. It does not fully support the demand for flexibility and users are often faced with a lack of compatibility or seamlessness between key system components such as vehicles, infrastructure, charging networks and the electrical grid.
The potential value of the transition to EVs resides at the intersection of mobility, real estate and energy. Unlocking this value can increase the efficiency of EV fleets and support wider deployment of infrastructure. The mobility and energy sectors can develop charging flexibility and user-adapted services and with the eruption of new mobility hubs, real-estate actors can increase the efficiency and sustainability of land use, while maximizing social inclusivity and functionality.
The charging infrastructure workstream seeks to increase the deployment of viable and sustainable charging infrastructure that is highly utilized and low CAPEX by design. It will promote additional energy services that support the energy transition and open real estate opportunities that improve access to different transportation modes. Through collaboration and advocacy, the workstream will explore the data-based case for a shared charging infrastructure and will validate the opportunities to create shared value in a proof-of-concept setting. This will unlock the social and economic value at the intersection of mobility, energy and real-estate and help attract capital for acceleration of EV and infrastructure deployment.