It sounds like the main difference is that EVPL supports multiple EVCs and EPL does not...
Verizon Business Ethernet Private Line is a fully managed, high-bandwidth point-to-point transport service for Ethernet frames.
CONSIDER THIS IF:Your business requires a secure, dedicated end-to-end LAN interconnectivity solution.
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An all-fiber optic network service that connects subscriber locations at native LAN speeds, EVPL uses point-to-point Ethernet virtual connections (EVCs) to define site-to-site connections.
I agree with you: first service is thought for emulation of a dedicated point-to-point link
The second service provides multipoint capabilities emulation by supporting multiple point-to-point links terminated on different Vlan-ids on hub side.
Hope to help
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