Fast load in electric car is far too expensive

Important: Do not press the yellow button when you connect the gun

Ultra fast car load terminal: what solutions ?

Electric vehicles are increasing and the recharging solutions too. If the charging terminal has long been a practical and comfortable load mode, we are now talking about fast and even ultra fast load, qualifying it as a slow load. What are these new charging stations ? What is their use ? What cost and what advantages ? Our answers in this file.

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Quick recharging, ultra fast recharging and slow recharging: what do we talk about ?

In terms of electric vehicle recharge, we hear about quick recharge, slow recharge and ultra fast charging. But what do these terms correspond exactly ?

• Slow recharge : this is the normal recharge of a vehicle, at night at your home or at its workplace. This charging time which extends over 6 to 8 hours is possible by means of recharging devices adapted to electric vehicles, but conventional.
• Ultra fast recharge : This is an ultra short and considerably reduced charge time to meet an express recharging need. This recharge mode is above all used for long journeys, especially on the highway. It makes it possible to greatly limit the charging time since 10 minutes are enough to resume the road. On the other hand, the ultra -rapid load is possible due to the overpower of the system. It is therefore imperative to use it only on a car battery capable of supporting a power of 150 kW at 350 kW.
• Quick recharge : This in-between is a good recharge means of its electric vehicle faster than normal, with a minimum power of 43 kW. It is therefore necessary to count about 30 minutes to effectively recharge your electric car, that is to say up to around 80 %. This is a good solution to quickly recharge a vehicle that remains parking on a short period of time and for extra recharge. Nevertheless, again, it is necessary that the battery of the electric vehicle supports such a power.

Quick and ultra fast load terminal: what cost ?

The cost of fast recharging depends on several factors, but it takes an average of between 3 and 6 euros for a 30 -minute recharge on a fast load terminal. These are prices charged in France on paid public terminals, but free fast charging solutions are multiplying on the parking lots of certain commercial brands, in order to attract and retain customers. Ultra fast terminals are also available for rates similar to slightly higher.

Nevertheless, you should know that ultra -fast and fast recharging impacts the battery and tends to reduce its lifespan if it is badly practiced or too repeated. Let us also recall that it can only be carried out on an electric vehicle whose battery can bear such a load, since a fast load terminal delivers a minimum power of 43 kW.

Quick charging station: what solutions ?

Quick and ultra -fast recharging points are multiplying, but of the 2,000 currently in place in metropolitan territory, the majority still remains essentially installed on the motorway areas and on the edge of national roads in order to meet the needs of motorists carrying out long journeys and which require autonomy over long distances. However, thanks to the desire to develop the electric vehicle and the enthusiasm of regions to promote these cleaner modes of transport, more and more fast and ultra fast terminals are emerging.

In addition, major brands see the opportunity to retain customers by offering free fast charging stations or at low costs in their parking lot.

If necessary, there are smartphone applications that allow you to locate fast and ultra -fast recharging terminals the closest.

Only 5 % of the charges made by individuals are made on these types of accelerated load terminals. It must be said that all the batteries of electric vehicles are not suitable for supporting such power, but also that most of the daily journeys are short, and that a simple installation at home or at work is enough to recharge the car.

Quick load terminal: what advantages and disadvantages ?

The fast load has real advantages for electric vehicle drivers in terms of time saving. Indeed, the vehicle battery is recharged up to 80 % in about 30 minutes with a quick terminal and in 10 minutes with an ultra fast terminal, enough to save precious time !

Nevertheless, it also has real drawbacks, because repeated use tires the battery and significantly reduces its lifespan. It overheats and runs out much faster. In addition, as part of daily use, fast or ultra fast recharging is useless, since journeys are generally short, which allows the car to be recharged during the night.

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Fast load in electric car is far too expensive

The electric car is a very inexpensive means of transport on a daily basis, thanks to very cheap electricity prices. However, during major journeys, this is a whole different story, with prices that go beyond understanding. Let us try to return to the reasons which explain these prices which often exceed the cost of gasoline.

Create a fast charging station from nothing is not free, far from it. The few figures made public show, for example, that the installation of a single Ionity, Fastned or Totalnergies charging station costs between 100,000 and 250,000 euros. In the latest quarterly report of Fastned, we learn that the installation of a charger costs them 95,000 euros, to which must be added 25,000 euros in connection costs to the electrical network.

With stations between 4 and 10 charging stations, it is therefore necessary to count up to 2,500,000 euros to install a full charging station. Before operators start making money, they must have reimbursed this amount using the profits made on each fast load.

Considering, in a very simplified way, that they earn 10 euros on each load carried out (in 2022, Fastned announced a gross profit of € 0.39/kWh, or 10 euros per load of 25 kWh), these are between 40,000 and 250,000 charges sessions that would be necessary before reaching balance.

In a realistic way, one can think that there are less than 50 charges per day on average per station (Fastned announced 50 sessions of charges per day in the Netherlands and in Germany in the first quarter of 2023), which implies that ‘It would take between 3 and 18 years before operators begin to make profitable the installation.

Of course, the use of terminals will increase massively with the arrival of more and more electric vehicles on the market, but this is the current reality: it is unlikely that the operators of rapid charging stations manage to gain from the money in 2023 by selling charges to electric vehicles.

An actor stands out compared to others as he can minimize the costs. These are Tesla, for whom Bloomberg had revealed a cost divided by 6 compared to Electrify America. In other words, for the same price, Tesla can afford to set up a 24 -terminal supercharger, where others can only build 6 charging stations. Their secret is a vertical integration of production to the deployment of terminals, where the other actors subcontract all these operations.

A market that is not yet mature

Unlike petrol, where prices have relatively little volatility (apart from periods of crisis), fast charge operators make rain and good weather, with considerable differences between periods and stations chosen.

One of the most active actors in this price yo-yo is none other than Tesla, which has the custom of changing its prices in Europe several times a month. In September 2022, prices had increased surprisingly (+ 29 % in one night), before dropping for the Black Friday period, to finally go back a few days after.

Another proof, if necessary, that the market lacks maturity is to be found in terms of the billing method. Indeed, many players have sought between 2019 and 2023 the most adequate way to charge electricity to the consumer, with some strange situations for the appointment.

For example, Ionity offered for several months a lump sum load at 8 euros regardless of the amount of energy used, before moving to invoicing per minute, then today to the energy consumed.

This participates in the confusion that reigns around fast charge rates: almost no one can say in advance how much an electric journey will cost as there are different bills and methods of invoicing.

How much does it cost, traveling by electric car ?

In order to simplify the different calculations and simply give an order of magnitude, we consider that the average consumption on the highway of an electric car is 20 kWh per 100 km. For the least energy-consuming vehicles (Tesla Model 3 Propulsion in particular), it can be less, and for large SUVs (Mercedes Eqc, Audi Q8 e-tron, etc.), it will be much more.

Home recharge of an electric car is extremely cheap. At EDF blue rate, it takes 4.20 euros/100 km, which is equivalent to 2.5 liters of petrol. By optimizing costs with an EDF Tempo subscription for example, the cost drops to less than € 2/100 km, which is of course unbeatable in thermal car.

The pack is stinging when an electromobilist compares these home load prices to what he finds in roaming to quickly charge himself. To put it simply, it is between 5 and 10 times more expensive than at home, thus making certain journeys in electric car more expensive than in thermal equivalent.

At Ionity, you must currently agree to pay 14 €/100 km (0.69 €/kWh), at Fastned 12 €/100 km (0.59 €/kWh), at Totalenergies 13 €/100 km (0 , 62 €/kWh) and at Tesla 10 €/100 km if you do not have a vehicle of the brand (7 €/100 km for Tesla).

There are different costs of optimizing costs depending on the cards and other subscriptions you have, but the reality is that the fast -car load is very expensive today, and often even more expensive than if it were necessary to perform The same trip in thermal car.

Which must change in the future

The inventory of the fast charge in the middle of 2023 is not glorious, but we have reason to believe that it will improve. First of all, although more and more electric vehicles on the roads, they represent only a very small part of the park. Over time, the number of electric cars in circulation will increase, putting more pressure on charge operators to lower their prices as part of a market, which will be very competitive.

Better prices transparency is necessary, so that everyone knows in advance what they will pay by loading at a terminal. Whether displayed on the car screen, on the terminal, in the application or elsewhere, this information must be easy to access, which is far from being the case in many places.

Finally, the evolution of prices must be bidirectional. Until now, we are deploying an evolution that is only going up. Even though the electricity prices on the wholesale markets have dropped enormously in the last 12 months, Ionity and others maintain ever higher prices.

To conclude, if governments highlight electric mobility with a more massive development wish, the whole ecosystem must be coherent. It is illogical to have an overpriced roaming load at the dawn of the prohibition for the sale of new thermal cars in Europe.

How to convince refractory to electric if, in essence, the trendy car costs more for purchase, but also more expensive during large trips in addition to bringing its share of constraints ?

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Recharge

To have access to a terminal in a paid parking, you must pay the normal price of a parking space, which is not included in the cost of the recharge.

ATTENTION: Costs of $ 5 will be charged to your account of the electrical circuit for any request for activation of a terminal through the CAA-Québec telephone assistance service. These costs will be added to the cost of recharge. In order to avoid paying activation costs, we invite you to always use the mobile application or your membership card of the electric circuit.

Instructions

Use in 5 steps:

Place an access card on the terminal player or use the mobile application; The instructions are displayed on the screen. Once the authentication is finished, the door unlocks.

Connect the charging gun compatible with the vehicle. *Chademo pistol: available on Asian Vés as well as Tesla with an adapter. *SAE Combo pistol: Available on North Americans and Europeans.

Important: Do not press the yellow button when you connect the gun

The terminal performs the tests of the safety devices before allowing recharging. When the start green button flashes, press this button. The recharge will then begin.

At the end of the recharge, press the Stop button.

Remove the vehicle gun, roll up the cable on the support and store the gun in your accommodation. To unlock the Chademo gun, press the yellow button.

Use in 4 steps:

1) Turn off the electric vehicle. On the home screen, first select the type of connector compatible with your vehicle.

2) Remove the selected connector from its support and connect it to your vehicle.

3) Wait for the terminal to establish communication with the vehicle.

4) The terminal performs checks before allowing recharging.

1) Follow the on -screen instructions to authenticate yourself using the application or an electrical circuit card.

2) If you use the application of the “electrical circuit”. On the touch screen, press “Application” Follow the instructions for the mobile application and choose a Cexx-XXXXX terminal, then press “Start”.

1) If you use the electric circuit card, on the touch screen, press “Start”.If you use the application of the electrical circuit. Follow the application instructions and start your recharge. The recharge will then begin.

2) After a preparation phase, the recharge begins. The terminal screen shows the recharge progress.

1) When you want to finish the recharge, touch the Stop on the touch screen. The recharging can also stop automatically, without your intervention, if the vehicle indicates that the recharge is completed.

2) Attention! Do not put the emergency button to stop a charging session, unless there is really an emergency.

Instructions and prices for charging stations

All rechargeable electric vehicles for sale in North America have a connector base compatible with level 2 charging stations. Regarding the 24KW quick charging stations, only electric vehicles with a Chademo or Combo connector base can recharge it. Table Recharge options Summarizes accessible charges for each vehicle model sold in Canada.