BMW and Volkswagen on Thursday announced they are teaming up to create nearly 100 electric vehicle charging stations along heavily traveled roads on the East and West Coasts.
The companies are working with ChargePoint, the largest electric vehicle charging network, on the effort. The publicly available stations will be added to ChargePoint's existing network of more than 20,000 charging spots in North America, and can be accessed by anyone with a ChargePoint or ChargeNow Card, or with the ChargePoint mobile app.
Each station is expected to include up to two 50 kW direct current Fast chargers, or 24 kW direct current Combo Fast chargers compatible with BMW and Volkswagen electric vehicles, as well as many other models. When charging at a 50 kW station, the BMW i3 and the Volkswagen e-Golf can charge up to 80 percent in 20 minutes; at a 25 kW station it'll take 30 minutes.
Question 1: Does the data presented in the article imply the beginning of exponential growth of electric vehicle deployment in the US within the next 2-3 years? Why?
Question 2: Does the addition of 100 charging stations remove a key constraint to growth?