Manhattan’s EV-Charging Sites Now Outnumber Gas Stations 10 to 1 – EQ Mag Pro
CHARGING an electric vehicle (EV) in Manhattan takes a little work – but it’s already much easier than finding a petrol station.
The borough has about 320 publicly accessible charging locations, says the US Department of Energy, compared with just 29 remaining gas stations. In other words, Manhattan’s EV-charging sites now outnumber its petrol stations more than 10 to one. Gas stations still dominate citywide – 697 across all five boroughs, versus about 520 charging sites – but there, too, the chargers are catching up.
“I don’t think you need to go far up the electric-vehicle adoption curve to see gas-station deforestation,” says Pasquale Romano, chief executive officer of ChargePoint Holdings, the country’s largest EV-charging company. “It’s a question of when.”
The most immediate reason for Manhattan’s petrol-station scarcity has nothing to do with EVs. Land on the island is simply too valuable to waste on a business that’s minimally profitable and needs a convenience store or car wash to survive. One by one, the borough’s petrol stations have been bulldozed to make way for condos and offices – a dynamic that’s been playing out for years in compact, pricey San Francisco, which now has 92 gas stations, says the California Energy Commission, versus 139 EV charging sites.
But as New York City officials push to deploy more EV chargers across all five boroughs, Manhattan’s numbers will only grow more lopsided. And the location of those chargers illustrates a fundamental change that electric cars will bring: Future drivers can expect to do the bulk of their refuelling at home or at work, not at a station on the corner.
Most of Manhattan’s public chargers exist in a broad arc from the Upper East Side and Upper West Side down through Midtown, although there are plenty farther south as well. Unlike the borough’s petrol stations, most of which can be found north of Central Park, there are few EV chargers above 110th Street.
A significant number of Manhattan’s public charging stations sit in parking garages, usually with several chargers at each site. Many sites have Tesla Inc chargers that are designed strictly for that company’s cars (although other EVs can use Tesla’s lower-powered “destination” chargers with an adapter). All but a handful of the borough’s public chargers are “Level 2” devices that take several hours to top off a car battery, rather than speedier “DC fast” chargers.
New York drivers haven’t exactly rushed to ditch petrol. Fully electric cars and plug-in hybrids account for 8.9 per cent of new passenger vehicles in the city this year, said research firm Atlas Public Policy. That’s up from 6.6 per cent last year, but still well behind Los Angeles, where 13.8 per cent of new cars this year run on electricity. It’s an issue for New York City officials, whose plans for fighting climate change call for having 400,000 EVs on city streets by 2030 and 1.6 million by 2050, up from 24,000 now.
Even if Manhattan’s petrol stations have been done in primarily by real estate prices, ChargePoint’s Romano says electric cars will put more pressure on petrol station owners, particularly those dependent on selling fast food and car washes. Eventually, “range anxiety” – the fear of an EV running out of charge on the road – will be more applicable to owners of petrol-powered vehicles.
“If no one’s visiting for gas, that means no one’s going to the convenience store,” Romano says. “It starts to slide, and it doesn’t take much to flip that business upside down.”
Source: Bloomberg
