Study

Strategic Analysis of the US and European Onboard Chargers Market

Summary

The report finds that sale volumes of onboard chargers stood at 304,683 units in 2014 and estimates this to reach 2,235,937 units by 2020. According to Frost & Sullivan, EV manufacturers are now moving towards onboard chargers with a power output greater than 6.6 kW to reduce charging time. While high-end PHEVs are contributing to this trend, lower-end models in this segment are still using 3.7 kW onboard chargers. Consequently, onboard chargers with power ratings between 3 to 3.7 kW are expected to remain dominant, accounting for 62 percent of sales even in 2020.