Electric vehicle (EV) charging vendor LNG Electric will place Level 2 and direct current fast charging (DCFC) EV charging stations at more than 13,000 hotels and 40 multi-family communities in the U.S.
LNG Electric claims the planned installations will make it one of the top-3 owner-operators of EV charging stations in the country. The first deployments will be at Marriot and Hilton brand Hotels in Ohio, Florida and Illinois.
LNG Electric said there is a growing demand for reduced charge times nationwide as the transition to electrification accelerates in the automotive industry. The plan is to create a charging network that will cover 10% to 15% of the U.S. hospitality market to help in the automotive transition to electrification and ease range anxiety with more widely available charging stations.
The installation of the EV chargers will reduce nationwide charge times by installing more Level 3 charging stations as part of its planned network. The increase in infrastructure will help bring EV charging more widely available and a viable transportation method for hotel guests and apartment renters, LNG Electric said.
The move is just the latest in a series of EV station expansions to meet the expected demand that will be needed from the automotive transition to electrified models — what is billed as the largest transition in the industry’s history. Most automotive OEMs plan to move to electrified models as their main fleet by 2030 or 2035 in both Europe and North America.
The move to install EV chargers at hotels is just one aspect of the expansion of chargers such as building the first large-scale EV charging at an airport and to install 1,000 EV chargers at TravelCenters by Electrify America.
Just last week, Jolt Energy announced plans to install thousands of new EV charging stations across Europe and North America in the next few years. Last month, Walmart announced plans to build a coast-to-coast EV network at 280 locations by 2030.
In total, EV charging revenues are forecast to grow to $300 billion by 2027, up from just $66 billion this year with the main growth overwhelmingly coming from urban areas, according to Juniper Research.
