Boards often stall EV charger projects over battery-fire fears. The problem: that belief now has a real cost, every stalled month is lost revenue over a risk the data doesn't support.

What the numbers actually show

Per an AutoInsuranceEZ study, the fire rate per 100,000 registered vehicles is 25 for EVs, versus 1,529 for hybrids and 1,530 for gas-powered cars. In practice, an EV is roughly 60 times less likely to catch fire than a combustion vehicle. The NFPA confirms the same trend.

Direct comparison: the gas car that's been parked in your garage for years has always carried a higher fire risk than the EV people fear today.

Where the fear comes from

Lithium battery fires exist, but are rare, and harder to extinguish when they happen, which produces media coverage disproportionate to the actual risk.

What a proper installation already handles

Installations following electrical and fire-safety codes already include the appropriate safety devices for EV charging.

The real cost of keeping the myth alive

While fear stalls the decision, the building goes without the monthly revenue and the infrastructure that's already standard next door.

Guilherme Aquino Camargo
Guilherme Aquino CamargoManaging Partner at PowerUp