As the world becomes more sustainable and electrified, people around the world are looking for ways to reduce their impact on the environment. One of the major ways consumers are looking to encourage a more sustainable future is through the use of electric vehicles (EVs). EV technology has improved dramatically over the last decade, and adoption continues to grow. The International Energy Agency estimates that by 2030, 50% of the cars sold globally will be EVs.
The biggest issue standing in the way of widespread EV adoption isn’t the production of vehicles themselves but the development of supporting infrastructure. Without a reliable charging network across the country, consumers will be less likely to make the leap to relying on electric vehicles. With this in mind, many governments around the world have introduced funding programs and incentives to support the expansion of EV infrastructure. This includes $7B in funding in the United States (U.S.) under the Build America, Buy America (BABA) and National Electric Vehicle Infrastructure (NEVI) programs. OEMs and system integrators who are prepared to meet the growing demand for EV charging infrastructure will have plenty of opportunities for business, and nVent is here to help them do it.
BABA and NEVI are a pair of programs designed to encourage and fund sustainable infrastructure investments that support the American economy. These two programs work together to offer significant funding for EV infrastructure projects in the U.S., as long as they meet the requirements for the sourcing and production of materials and finished goods in the U.S. These programs are still relatively new, and many EV infrastructure OEMs and integrators are trying to figure out how to take advantage of this funding to grow their businesses alongside America’s sustainable and electrified infrastructure.
Equipping charging infrastructure with reliable, scalable and safe inverters for AC/DC conversion is essential to the success of the EV charging grid. Our new nVent HOFFMAN Enclosure for EV Charging Inverters is proudly made in the U.S.A. with U.S. steel to meet NEVI/BABA requirements. Built to handle the most challenging operating conditions and protect from corrosives, water, broad temperature swings, humidity and UV rays, this solution is designed for ease of use and reliability, while improving end-user safety and installation time. This new enclosure solution is also intentionally designed with key features to ensure longevity and maximum uptime in the field, where inverters play an important role converting DC power to AC power that can be used to power electric vehicles.
As the world continues to become more sustainable and electrified, there will be many opportunities for electrical equipment manufacturers to grow their businesses to support infrastructure investments. Our partners can rely on us for critical expertise on how to take advantage of this funding. Learn more about our solutions for EV infrastructure here: https://www.nvent.com/en-us/hoffman/ev-infrastructure