One European charging network supplier has been ranked No. 1 in a Navigant Research report on charging networks, followed by the leading U.S. company at No. 2.

Netherlands-based The New Motion was ranked first, followed by Silicon Valley-based ChargePoint taking second place in Navigant Research Leaderboard Report: EV Charging Network Companies. The cleantech research firm based its rating system for plug-in electrified vehicle charger network suppliers on 10 criteria: vision; go-to-market strategy; partners; product strategy; geographic strategy; market presence; marketing and distribution; product performance and reliability; product and service capabilities; and staying power.

The New Motion has constructed large charging networks in Europe, including Charge Your Car in 2014, the UK’s largest charging network with over 2,000 units. ChargePoint has focused on building a network of public charging stations in the U.S., which as of May was more than 28,000 in North America.

EV-Box finished third place on the Top 10 list, followed in order by Chargemaster Plc, Fortum, Innogy SE, Greenlots, EVgo, Clever A/S,  and Pod Point. Greenlots is known for working with automakers on bringing an open-source charging platform to charging stations.

Government, utility, and automaker stakeholders have supported the rollout of public charging sites and installations at office buildings, parking garages, and other locations.  Charging site owners are seeing demand from the growing number of PEV drivers, according to the Navigant report.

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The charging market has seen several changes in the past five years, according to the report. Five years ago, there was a glut of players in the market, with a few large companies dropping out and smaller companies closing their doors or being acquired. The commercial charging market has seen a shift from public charging to multi-unit dwelling and workplace charging stations, Navigant said.

The rollout of long-range electric cars like the Chevrolet Bolt and Tesla Model 3 is promoting automakers to make major investment in fast chargers. Navigant Resarch advises charging companies to prepare for these trends to become ready for a time when the market “must be self-sustaining, with a clear business model to support commercial charging services.”

Navigant Research