As the demand for electric vehicles (EVs) continues to rise, the need for EV charging stations is also growing rapidly. At the beginning of our business, we often need to learn to choose between level 2 EV chargers and level 3 EV chargers because of the considerable cost difference. In this article, we’ll take a closer look at the differences between Level 2 and Level 3 charging, and which solution might be the best fit for your EV charging station business.

Level 2 vs Level 3 Charging

Level 2 EV Charging

Level 2 charging is a type of EV charging that delivers power to the vehicle’s battery at a rate of 240 volts, typically through a 240-volt outlet. Level 2 charging stations can be installed in residential homes, commercial buildings, and public parking lots. The charging speed for Level 2 charging can range from 10 to 60 miles of range per hour, depending on the EV and the charging station.

One of the main advantages of Level 2 charging is its affordability. Compared to Level 3 charging, Level 2 charging stations are less expensive to install and maintain, making them a popular choice for many EV charging station businesses. Additionally, Level 2 charging is sufficient for most EV drivers, as it can provide a full charge overnight or during an extended stay at a destination charging location.

Level 3 EV Charging

Level 3 charging, also known as DC fast charging, is a type of EV charging that delivers power to the vehicle’s battery at a much higher rate than Level 2 charging. Level 3 charging stations require a higher voltage (usually around 400 volts) and can provide charging speeds of up to 350 kilowatts, delivering up to 90 miles of range in just 10 minutes.

One of the main advantages of Level 3 charging is its speed. Level 3 charger can quickly provide a significant amount of charge to an EV, making it an ideal option for drivers who need to charge on the go. Level 3 charging stations are typically found along major highways, in commercial settings, and at public charging stations, where they can serve a large number of EV drivers in a short amount of time. Level 3 charging works with almost all passenger EVs. How much power each vehicle can handle, however, can differ greatly and depends on the battery. While some batteries can take up to 350 kW, others can only accept 50 kW.

Level 2 vs Level 3 Charging: Which Solution is Best for Your EV Charging Station Business?

When it comes to choosing between Level 2 and Level 3 charging for your EV charging station business, there are several factors to consider. One of the most important factors is the location of your charging station. If your charging station is located in a residential area or a destination charging location, such as a hotel or shopping mall, Level 2 charging may be sufficient for your customers’ needs.

On the other hand, if your charging station is located along a major highway or in a commercial setting, Level 3 charging may be a better option, as it can quickly provide a significant amount of charge to EVs on the go. Additionally, if your charging station is in an area with high traffic, such as a busy shopping district or a downtown area, Level 3 charging can serve a large number of EV drivers in a short amount of time, helping to alleviate congestion at the charging station.

Cost is another important factor to consider when choosing between Level 2 and Level 3 charging. While Level 2 charging is more affordable to install and maintain, Level 3 charging can provide a higher return on investment, as it can serve more customers in a shorter amount of time. According to a study by the National Renewable Energy Laboratory, Level 3 charging stations can generate up to four times the revenue of Level 2 charging stations.

Finally, it’s important to consider the needs and preferences of your customers. Conducting market research and analyzing EV charging data can help you determine which charging solution is most popular among your customers, and which solution will provide the most value for your business.

Level 2 and Level 3 charging have advantages and disadvantages and different usage scenarios. The choice is based on your investment size, customer needs and business objectives. However, with the growing popularity of EVs and the increased demand for EV charging infrastructure, it is an intelligent business decision regardless of your choice.