5 Reasons Why Your Business Needs AC Fast Charger for EV？

Installing an EV charger at any business or organization can be a great way to attract new customers, maintain employee satisfaction, boost your sustainability, and literally get yourself on the map.

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Sustainability (or lack there of) is becoming a concern for people around the world, and businesses are looking for ways to become more sustainable to do their part to help curb the climate crisis while also encouraging employees and customers to do the same. This is where EV adoption and making the world more accessible for EV drivers come into play. Companies that adopt this growing trend can reap the benefits of offering EV charging, get tax breaks, improve branding, and much more.

Installing EV charging stations at your business has many benefits, and also costs less than you may expect. With electric vehicles becoming more popular than ever, investing in EV charging today seems like a better bet than ever before. Check out these seven reasons you should install EV charging stations at your business.

1. Attract New People to Your Business and Get on the Map

Adding an EV charging station on-site gets you on the map, literally. It’s quite simple: anyone who drives an electric vehicle knows that they need to plan their journeys (especially long ones) according to where chargers are located. Many of them download apps with maps that show where charging stations are located, so when you install an EV charger at your location, you’re getting your business on the map. This helps you get more brand awareness, and makes you an attractive option for EV drivers to do business. Even the fastest chargers take 15 minutes to charge a car, so drivers need to find something to do while they charge. This is a great deal for shop and even restaurant owners who want to attract new business and customers while doing their part for the environment. EV drivers are also very likely to return to places they know have chargers, so you can build a loyal customer base among this segment. 

2. Generate Revenue

In addition to the tax benefits that we’ll touch on in a bit, installing EV chargers at workplaces can give you the chance to generate an additional source of revenue. You can choose to manage and monetize your charging network by becoming charge point operator. 

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3. Promote Sustainability and Corporate Social Responsibility

Sustainability is a hot topic today, and we constantly hear about companies trying to go green, reduce their carbon footprint, and do their part to save the environment. It’s become somewhat of an expectation that in today’s day in age, companies exhibit corporate social responsibility and do their part to protect the environment. Installing EV chargers is one of the most significant ways to make a true impact on your company’s sustainability model. By installing an EV charger on-site, your business is doing its part in changing the EV landscape, by giving EV drivers access to charging stations. This is a critical step in promoting EV adoption, as knowing that they have charging stations along the way helps reduce range anxiety for drivers.

4. Futureproof Your Business

Businesses that implement EV infrastructure are investing in the future of their business. EV sales are continuing to grow, and many regulations in the United States and Europe are encouraging this growth. By , CO2 emitting cars will no longer be sold in the European Union. The trend to EVs will soon not be a trend, it will be a must, and preparing your business for this future will help you stay ahead of the curve. 

5. Make it Part of Your Benefits Package

Adding EV chargers in a company’s parking lot can be included as part of the benefits package for your employees. In other words, when new employees come in and are discussing terms including vacation and sick day, hours, etc., employers can offer EV charging stations as a benefit for the employee from the get-go. While this may seem small and relatively insubstantial, gestures like these are what keep employees around and make them feel heard and appreciated. Even if an employee doesn’t have an EV when they start working at the company, they will enjoy the idea of having access to a charger if necessary, in the future.

Having EV chargers is also a statement in the eyes of interviewees at the company. Presenting the idea of having EV chargers to people interested in working at the company shows a lot about the company’s personality and ideals. It shows commitment to sustainability and the planet’s future, a potential breaking point for many potential bags.

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6. Tax Breaks 

Governments across the world are making noticeable efforts to encourage the adoption of EV vehicles. This includes promoting the relevant infrastructure. After all, if there aren’t chargers, EVs can’t become a part of our everyday future. This is exactly why the U.S. and other governments have created incentive packages as well as subsidies for those who decide to take on the responsibility of installing EV chargers at the workplace. Tax credits can be given in the U.S. at a federal, state and/or local level.

7. Be an Industry Leader

The world needs certain companies to come forward and promote new technologies and ways to help our environment remain green and functional. Today, we’re still at the crossroads that new companies can get in and become industry leaders in the EV scene. While many major companies have already announced bold initiatives to reduce and eliminate carbon footprint, there is still the opportunity for new companies to get in on the trend before it’s too late (and like every trend, there will become a point that charging stations are so popular that the advantage of purchasing one diminishes. This is why getting in on the game at this point is essential. Companies that choose to wait for the idea to expand and for more people to buy EVs will most likely miss the opportunity.

EV Charging Stations: A Chance for Companies to Set Themselves Apart in Today’s Landscape

The benefits of installing EV charging stations on your campus or commercial property are wide and vast. The issue is that many businesses are overwhelmed with the thought of getting involved in the EV market. However, with Nayax, you can make the transition to electric mobility easier than ever. Our chargers combined with our backend management system is the ideal situation for any business, combining sales, energy systems, billing, and more. With our weather-proof and future-proof level 2 AC chargers, you’ll know that you’re investing in technology that will last for years. Even better, our chargers use smart energy management techniques to balance electricity to make sure you’re not wasting any.

EV charging stations are becoming more commonplace. Most charging stations you see are AC chargers. Until recently, AC chargers have been the only option. But in recent years new technology known as DC Fast Chargers has been developed allowing companies to apply a different type of technology to charge vehicles faster than the standard AC chargers

The proportion of DC fast chargers to AC chargers is growing. But for many people, the question remains AC vs DC EV charging, which charging station should be used for fleet vehicles? Should companies with depots install AC chargers or DC chargers? That’s the question we’ll seek to answer in this article.

 To help introduce you to the world of AC vs DC and their differences, there are two key things to remember:

• The electricity from the grid (like a wall socket in your home) is always AC (alternating current).
• Electric Vehicle Batteries always store and use DC (direct current).

AC and DC operate differently. They flow in different ways, serve different purposes, and impact charging speed and efficiency in unique ways.

Learn more about energy management and smart charging by downloading our report, "Energy Management 101: How to Efficiently Charge Electric Fleets".

What is the Difference Between AC and DC Charging Current?

What is AC Charging for Electric Vehicles

Alternating current (AC) power can be described simply as the standard electricity that comes out of power stations and travels along power lines to homes and other buildings, sometimes referred to as mains or utility power.

What is DC Charging for Electric Vehicles

Direct current (DC) power, as the name suggests, is the electric current that moves in a straight line.

Direct current can come from multiple sources, including batteries, solar cells, fuel cells, petrol generators, and some modified alternators. DC power can also be "made" from AC power by using a rectifier that converts AC to DC.

Optimize your fleet's charging systems with our EV Charging Simulator to plan costs and charging strategy, or request a demo to start simplifying your EV management with Ampcontrol.

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Differences between AC vs DC EV Chargers

Your outlet delivers AC power, and your vehicle battery needs DC power.

The only way to achieve this is to convert AC power into a DC power output. This is what we call an AC to DC converter (AC-DC converter).

AC EV Chargers require you to build this converter into your vehicle. This means that the vehicle has its own small AC-DC converter. So, the vehicle receives AC power from the charge point, then the vehicle converts it to DC power.

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DC EV Chargers require you to build this converter into your charge point. This means the chargers have their own built-in AC-DC converter, and the vehicle receives DC power directly. No conversion is required inside the vehicle.

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EV Charging Curves

The key difference between AC and DC charging curves lies in how much power the battery can accept over time.

AC Charging Curve

AC chargers rely on your car's built-in converter, which typically handles a constant power level. This translates to a flat charging curve on a graph.  The car steadily charges the battery at a set rate until full.

DC Charging Curve

DC fast chargers have a more powerful converter and deliver DC power directly to the battery. However, for battery health reasons, the ideal charging rate isn't constant. DC charging curves typically start high, allowing for rapid initial charging. As the battery fills up, the curve slopes downward, reducing the power input to prevent overheating. This creates a decreasing, curved line on a graph.

Are Car Batteries AC or DC?
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Batteries need DC power. And there is a simple reason. Just like any other battery - a car battery uses and provides DC power. This means the load flows in one single direction and is stored using a chemical process.

As mentioned, AC current changes direction periodically. To store AC, a battery’s terminal needs to change polarity (+ and -) at the same speed, which is not possible. Connecting an AC supply to a battery to store AC power means the battery charges only during the positive half-cycle and then discharges during the negative half cycle.

In other words, there is no way a car can store AC power in a battery.

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Why is DC Charging Faster than AC?

The faster you want to charge a battery - the more power you need to provide. Fast charging is usually above 50 kW, and slow charging typically between 1-22 kW to provide more power when charging a battery, you need a much larger AC-DC converter.

The problem is - converting high power from AC and DC is expensive. A large converter easily costs USD 10,000.

This high-power charging is best carried out with the converters built into the charging station rather than the vehicles so you’re not dragging around heavy and expensive converters dragged around with you in your car.

That’s the main reason why DC chargers appear to be faster than AC chargers. They aren’t really any faster; it’s just much easier and cheaper to generate high-power DC output within the charger rather than convert the output from an AC charger in the vehicle itself.

When do I Choose AC EV Charging?

AC charging is best for regular charging needs such as:

• Home
• Work
• Errands

Pros of AC Charging

• Cost-effective: AC chargers are generally less expensive to install and maintain.
• Widely available: AC charging stations are more common and can be found in homes, workplaces, and public parking areas.
• Gentler on battery: AC charging is typically slower and less stressful on the battery, which can help prolong its lifespan.

Cons of AC Charging

• Slower charging: AC charging takes longer to fully charge an EV compared to DC charging.
• Limited power output: AC chargers have a lower power output, which can be a drawback for EVs with larger batteries or for drivers who need a quick charge.

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When do I Choose DC EV Charging?

DC chargers cost a lot more than AC chargers. DC chargers require more space and require much more complex spare parts to facilitate processes such as active cooling.

In addition, high power charging requires a high power connection to the grid. With a typical residential grid connection, you won’t be able to install a DC charger.

DC fast charging is best for situations where time is tight such as:

• Road Trips
• Low Battery Emergencies
• Fleet Vehicles

Pros of DC Charging

• Faster charging: DC chargers can significantly reduce charging time, making them ideal for long-distance travel or when time is limited.
• Higher power output: DC chargers deliver more power, allowing for faster charging of EVs with larger batteries.

Cons of DC Charging

• Expensive: DC chargers are more expensive to install and maintain due to their complex technology and higher power requirements.
• Less available: DC charging stations are less common and may be harder to find, especially in residential areas.
• Potential battery degradation: Frequent use of DC fast charging can generate heat and stress on the battery, which may lead to faster degradation over time.

The rule of thumb is: Install DC chargers when you need fast charging and install AC chargers when you don’t.

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Conclusion

DC fast chargers are ideal for charging EVs that need to be back on the road quickly. But they are more expensive to install and maintain than AC chargers.

If time is of the essence for your fleet, then DC chargers are going to be the best option.

If you have a mixed fleet of vehicles - i.e., some that need fast charging and some that don’t, then a mixture of AC and DC chargers is best.

Either way, smart charging software for electric vehicles can help fleet managers to offset some or all of the extra initial outlay by reducing ongoing energy costs.

Read more about AC and DC charging here: How to mix AC and DC charging stations?

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