Markets and Markets releases 360Quadrant of Top 20 Electric Vehicle Charging Stations for 2022 !!

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Markets and Markets releases 360Quadrant of Top
20 Electric Vehicle Charging Stations for 2022 !!
MarketsandMarkets has released 360 Quadrant for
the best Electric Vehicle Charging Station to
help users select the station according to their
requirements. 360 quadrants are created post-
analysis of vendors based on product portfolios
and business strategies. They will be updated
every six months based on market and regional
analysis as well as developments in the electric
vehicle charging station industry. Out of 70
parameters, the top criteria for company
evaluation were charging speed, customizability,
energy efficiency, enhanced safety systems, and
open protocol charging networks. An Electric
Vehicle Charging Station is a tool used to
recharge electric vehicles and plug-in hybrid
electric vehicles. These charging stations are in
demand with the growing use of electric vehicles
worldwide. There are numerous features like
enhanced safety systems, energy efficiency, and
open protocol charging networks offered by
electric vehicle charging stations. These
stations use AC and DC power for residential and
commercial applications. Residential is built for
single or family homes, whereas commercial is
used publicly. Categorization of Electric
Vehicle Charging Station Vendors The evaluation
of EV charging companies was conducted for 100
companies offering these services, out of which
16 vendors were shortlisted and categorized on a
quadrant under Visionary Leaders, Innovators,
Dynamic Differentiators, and Emerging
Leaders. Tesla, BYD, Shell, ChargePoint, Blink
Charging, ABB, and Engie have been identified as
Visionary Leaders. DBT, SemaConnect, and Siemens
have been identified as Innovators. Webasto, BP
PLC, Yazaki, and EFACEC are Dynamic
Differentiators. EVGO and Schneider Electric
have been recognized as Emerging Leaders. 360
Quadrants Scoring Methodology 360 Quadrants
assessed some of the top Electric Vehicle
Charging Station providers. These vendors were
evaluated based on more than 70 specifically
selected parameters, which were finalized based
on the product and business strategies, data
received from the buyers, and
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industry experts. All these parameters were
assigned a specific weightage, post which they
were measured. This study also helps the analysts
calculate the total score based on which
electric vehicle charging station providers were
ranked and positioned on 360 Quadrants. About
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