ADI evaluated the North American EV and charging infrastructure market using bottom‑up forecasts of vehicle stock, charger deployment, power demand, and capital investment through 2030. The analysis differentiated Level 1, Level 2, and DC fast charging economics, incorporating policy scenarios, utility participation models, and EPC cost structures. Particular attention was paid to fleet charging economics and the implications for infrastructure scale, complexity, and competitive advantage.
The client
Private equity sponsor
The situation
Rapid EV adoption created uncertainty around charging infrastructure scale, economics, and EPC positioning.
ADI’s contributions
Bottom‑up market forecasting
Modeled EV stock, charger density, power demand, and infrastructure spend under low and high cases.
Charger‑level cost modeling
Analyzed capex and opex by charger type, including make‑ready, interconnection, and operating costs.
Competitive EPC mapping
Assessed EPC positioning, barriers to entry, and differentiation across Level 2 and DC fast charging.
Fleet economics analysis
Evaluated payback and savings for commercial fleet charging using real‑world operating assumptions.
Key outcomes
- Informed investment strategy and platform‑build considerations across EV charging, EPC, and aftermarket services.
More insights
Catching up to China on critical minerals
The U.S. government is spending real money on critical minerals right now. On August 7, 2026, the Department of Energy launched a $100 million program to train more mining engineers. It’s one of several moves happening at the same time, alongside price guarantees, tariffs, and new sourcing rules. None of it changes the basic picture: […]
Middle East conflict’s fallout more limited than expected
Part of ADI Analytics’ ongoing coverage of the implications of the Iran conflict across oil & gas, LNG, refined products, and chemicals. Analysts have been quick to predict permanently altered LNG trade flows, structurally different chemical markets, and a new global energy order following the Iran conflict. Several months into the conflict, the evidence points […]
Japan vs. South Korea: SAF projects diverge
Japan and South Korea are moving from aspirational sustainable aviation fuel (SAF) targets toward blending mandates. In July 2026, Japan announced plans to mandate a 1% SAF blend in fiscal year (FY) 2030, rising to at least 3% in FY2031 and 5% or more from FY2032–34. South Korea announced its phased SAF mandate in 2025, […]