> POWER
DC Char Statio
ST’s challenge for powe INTRODUCTION
The global Electric Vehicle Charging Station Market size is projected to reach 30,758 thousand units by 2027, from an estimated 2,115 thousand units in 2020, at a CAGR of 46.6%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. (source Markets and Markets., February 2021). Geographically, rapidly growing sales of Electric Vehicles in the Asia Pacific region, especially in China, has propelled the growth of the global market for electric vehicle charging stations. Europe is expected to be the second-largest market during the forecast period.
Luigi Galioto
Technical Marketing Manager, STMicroelectronics
Considering the various charging level types, the Level 3 charging type (i.e DC fast charging) is expected to grow fastest during the forecast period. Level 3 charging has been growing at the quickest rate due to the convenience of fast charging EVs within 30 minutes. STMicroelectronics’ products support this market/ application. We’ll take a look at the main system architectures and the main suitable ST products in the following section.
ARCHITECTURES AND ST’S PRODUCTS
The power range for DC fast chargers covers 30-150kW and implements a modular approach (fig.1) based on 15-30 kW subunits, which are then stacked up to create the higher power DC charging system. This approach provides a flexible, fast, safe, and affordable solution.
> JULY 2021
28
•Vol - 03 / 07
