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The economic benefits of the EV revolution for electricians and installers

Jaynesh Patel, Senior Manager, Policy – UK & Ireland at ChargePoint, explains why there’s never been a better time to install EV charging infrastructure.
The current lack of installers and comprehensive EV charging infrastructure is more than a logistical problem; it's a call for immediate investment.

Jaynesh Patel, Senior Manager, Policy – UK & Ireland at ChargePoint, explains why there’s never been a better time to install EV charging infrastructure. 

As the world rapidly transitions to electric vehicles, there is a growing demand for EV charging infrastructure. The rise of EVs in Europe is not only an environmental revolution in the making, but a significant economic opportunity for those with the skills to plan, implement and deploy the necessary and critical charging infrastructure. 

Electricians and installers are well positioned to capitalise on this demand, as they are the professionals who will be tasked with installing, maintaining and often selling EV charging stations and platforms.

The European Union has implemented stringent emission targets and mandates for zero-emission vehicles, including a goal of 30 million EVs on the road by 2030. Coupled with legislation to expand charging, the urgent need for immediate investment in infrastructure is apparent. However, this future is hindered by a current lack of charging spots. 

It’s currently estimated that around 20 NHS trusts have yet to install a single EV charger. Meanwhile, countries like Norway are leading the world in EV adoption (80% of new cars sold in 2022 being electric), and initiatives in major cities are encouraging electric mobility – this means that there are obvious economic benefits for first movers.

For example, in London an initiative is currently underway to promote shared urban charging designed to increase the adoption of EVs in the city. Today, 40% of London’s ‘black cabs’ are electric. In fact, with more than 6,000 electric taxis on the city’s streets, the London Electric Vehicle Company’s TX model is now more common than its diesel-powered compatriot – an indication that the transition to electric mobility is robust and shows no sign of slowing down.

Despite the successful transition to electric taxis in London, wider adoption of electric vehicles needs to be matched by a proportionate expansion of EV charging. If we fail to expand the EV charging network, consumer confidence in the viability of EVs is at risk. This could have far-reaching implications for our collective ability to meet carbon reduction targets across the continent and around the globe. 

For facilities managers, investing in and expanding EV infrastructure is an essential step towards meeting climate goals. For electricians, installers, and entrepreneurs it represents a once-in-a-generation opportunity.

Top benefits of EV adoption for electricians and installers

Increased demand for services

As the number of EVs on the road increases, the demand for EV charging infrastructure will also necessarily increase. This means that those with the requisite skills will be in high demand to install and maintain charging stations across the continent.

New opportunities

The installation of EV charging infrastructure is a growing field. With sustained EV adoption projected to occur over decades, vast opportunities await those who take advantage today. The UK Government estimates that the EV charging sector could create up to 100,000 jobs by the end of this decade.

Higher wages

Because the skills and knowledge required to install EV charging infrastructure are in high demand, those who specialise can command higher wages than those who do not.

Learning opportunities

Installing EV charging infrastructure requires specialised skills and knowledge. Electricians who take the time to upskill in this area will be well-positioned for success in the future. The UK Government offers a number of grants and training programs to help electricians and installers gain the skills they need, as do certain EV charging networks.

Contributing to a brighter future

EVs are a valuable tool in the fight against climate change, which is a key motivator for the more than half of UK drivers who plan to purchase one.

Are you ready for the EV transition?

The current lack of installers and comprehensive EV charging infrastructure is more than a logistical problem; it’s a call for immediate investment. 

Facilities managers, electricians and investors have an opportunity to lead the way in this transformation – not only to meet the growing demand for EVs, but to capitalise on an inevitable and massive transformation in transport. 

Now is the time to take proactive measures, not only to meet the growing demand for EVs, but to take advantage of this enormous opportunity. The road ahead is undeniably electric – are you prepared for that journey?

Jaynesh Patel

Senior Manager, Policy – UK & Ireland at ChargePoint

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