NAICS Code 457120-08 - Electric Charging Station (Retail)

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NAICS Code 457120-08 Description (8-Digit)

Electric Charging Station (Retail) is an industry that provides charging services for electric vehicles. These stations are designed to provide a convenient and efficient way for electric vehicle owners to recharge their vehicles. The industry involves the installation, operation, and maintenance of electric charging stations in various locations such as parking lots, shopping centers, and other public areas.

Hierarchy Navigation for NAICS Code 457120-08

Parent Code (less specific)

Tools

Tools commonly used in the Electric Charging Station (Retail) industry for day-to-day tasks and operations.

  • Electric Vehicle Supply Equipment (EVSE)
  • Charging Cables
  • Charging Stations
  • Charge Controllers
  • Power Inverters
  • Electrical Meters
  • Circuit Breakers
  • Surge Protectors
  • Ground Fault Circuit Interrupters (GFCI)
  • Electric Vehicle Communication Controllers (EVCC)

Industry Examples of Electric Charging Station (Retail)

Common products and services typical of NAICS Code 457120-08, illustrating the main business activities and contributions to the market.

  • Public Charging Stations
  • Workplace Charging Stations
  • Residential Charging Stations
  • Destination Charging Stations
  • Fast Charging Stations
  • Level 2 Charging Stations
  • Networked Charging Stations
  • Solar-Powered Charging Stations
  • Portable Charging Stations
  • Wireless Charging Stations

Certifications, Compliance and Licenses for NAICS Code 457120-08 - Electric Charging Station (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Electric Vehicle Infrastructure Training Program: This program provides training for electric vehicle infrastructure installation and maintenance. It is provided by the Electric Vehicle Infrastructure Training Program (EVITP).
  • National Electric Code (NEC) Certification: This certification is required for electricians who work on electric vehicle charging stations. It is provided by the National Fire Protection Association (NFPA).
  • UL Certification: UL certification ensures that the electric vehicle charging station meets safety standards. It is provided by Underwriters Laboratories (UL).
  • National Institute for Automotive Service Excellence (ASE) Certification: This certification is required for technicians who work on electric vehicle charging stations. It is provided by the National Institute for Automotive Service Excellence (ASE).
  • Federal Communications Commission (FCC) Certification: This certification ensures that the electric vehicle charging station meets electromagnetic compatibility standards. It is provided by the Federal Communications Commission (FCC).

History

A concise historical narrative of NAICS Code 457120-08 covering global milestones and recent developments within the United States.

  • The Electric Charging Station (Retail) industry has its roots in the early 1900s when electric vehicles were first introduced. However, it wasn't until the 1990s that the industry began to take shape with the introduction of the first electric vehicle charging stations. In 1997, the first public charging station was installed in California, and by 2002, there were over 100 charging stations across the United States. In recent years, the industry has seen significant growth due to the increasing popularity of electric vehicles and the push towards renewable energy sources. In 2020, the global electric vehicle charging station market was valued at $9.24 billion and is expected to reach $70.59 billion by 2027. In the United States, the Electric Charging Station (Retail) industry has seen significant growth in recent years. In 2010, there were only 500 public charging stations in the United States, but by 2020, that number had grown to over 41,000. This growth can be attributed to several factors, including government incentives, the increasing popularity of electric vehicles, and the push towards renewable energy sources. In 2015, the Obama administration announced a plan to install 48 electric vehicle charging corridors across the United States, which helped to spur growth in the industry. Additionally, several states have implemented their own incentives to encourage the installation of electric vehicle charging stations. Overall, the Electric Charging Station (Retail) industry in the United States has seen significant growth in recent years and is expected to continue to grow in the coming years.

Future Outlook for Electric Charging Station (Retail)

The anticipated future trajectory of the NAICS 457120-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Electric Charging Station (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for electric vehicles and the government's initiatives to promote the use of electric vehicles. The industry is also expected to benefit from the development of new and advanced charging technologies, which will reduce the charging time and increase the convenience of electric vehicle owners. The increasing number of partnerships between charging station operators and automakers is also expected to drive the growth of the industry. However, the industry may face challenges such as the high cost of installing and maintaining charging stations and the lack of standardization in charging technologies.

Industry Innovations for NAICS Code 457120-08

Recent groundbreaking advancements and milestones in the Electric Charging Station (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Tesla Supercharger Network: Tesla's Supercharger network is a network of fast-charging stations that can charge Tesla vehicles in a matter of minutes. The network has grown rapidly in recent years and now has over 25,000 Superchargers worldwide.
  • Electrify America: Electrify America is a company that was created as part of Volkswagen's settlement with the US government over the diesel emissions scandal. The company is investing $2 billion in electric vehicle infrastructure, including the installation of over 2,000 DC fast chargers across the US.
  • Chargepoint Home Flex: ChargePoint Home Flex is a home charging station that can charge electric vehicles up to nine times faster than a standard wall outlet. The station is compatible with all electric vehicles and can be controlled through a mobile app.
  • Evgo: EVgo is a company that operates a network of fast-charging stations across the US. The company has over 800 fast chargers and is expanding rapidly.
  • Greenlots: Greenlots is a company that provides software and services for electric vehicle charging. The company's platform allows charging station operators to manage their stations and allows electric vehicle owners to find and use charging stations.

NAICS Code 457120-08 - Electric Charging Station (Retail)

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