Key factors that influence local demand
Socioeconomics and EV ownership
As a first step it is important to have a baseline understanding of the factors that affect current EV ownership. Demand is shaped by local socioeconomic factors such as household income, vehicle ownership rates, commuting habits and housing type.
Future demand will evolve, so anticipating the local growth rate of EV adoption is essential. We have developed a specialised model that uses localised information to forecast future EV ownership at the Output Area level, representing the smallest geographical unit in UK census data. The model integrates factors such as population growth, projections of EV sales (both new and used), in addition to various industry trends.
Consumer behaviour and dwell times
The next question is whether fast chargers or slow chargers would be more appropriate. Grasping consumer behaviour is essential for this decision. Important factors to consider are dwell time (the average time a vehicle stays parked), range anxiety (the concern of depleting the battery), and the necessity for dependable, easily accessible charging options. Two user categories must be considered:

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