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The US electric vehicle charging market could grow nearly tenfold by 2030: How will we get there?

The race for electric vehicle (EV) adoption is heating up, backed by the tailwinds of consumer interest, massive buy-in by automakers and ramped-up government funding. Electric transportation got a jolt of support from the 2021 Infrastructure Investment and Jobs Act — which funds $7.5 billion in EV charging infrastructure. Most recently, the Inflation Reduction Act provided tax credits for both new and used electric passenger vehicles as well as for commercial vehicles, and California announced it will ban the sale of new internal combustion engine-powered vehicles by 2035.

The momentous push behind electrification of transportation begs crucial questions. How can the charging infrastructure be built at a pace to sufficiently support an expected acceleration of EV adoption? And, if it can, how — and where — will America juice up? And, what are the best entry points and strategies for businesses to enter the EV charging market to forge a winning strategy?

According to a PwC analysis, the EV charging market could — and will need to — grow nearly tenfold to satisfy the charging needs of an estimated 27 million EVs on the road by 2030. While building such a national charging network  can be challenging and require numerous stakeholders and investments, it will be a necessary step to shape — and determine — the viability of a future of all-electric vehicular transport in the US.

Some highlights of our analysis include:

  • The number of charge points in the US is poised to grow from about 4 million today to an estimated 35 million in 2030.
  • The electric vehicle supply equipment (EVSE) market could grow from $7 billion today to $100 billion by 2040 at a 15% compound annual growth rate.
  • The number of EVs in the US is estimated to hit 27 million by 2030 and 92 million by 2040, according to PwC’s analysis.
  • The at-work and on-the-go EV charging segments are potentially the fastest growing through 2030.

Electric vehicle supply equipment: a $100 billion market by 2040, led by charge point operators, according to a PwC analysis

The four main value pools of the EVSE market include hardware, software, installers and charge point operators (CPOs). Of these, according to our analysis, CPOs (which build, operate and maintain EV charging stations) are estimated to account for the bulk of the market’s value from roughly half currently to 65% in 2040 (for revenues of about $65 billion). Meanwhile, hardware providers’ share of the sector’s total value pool is estimated to diminish over time, from 46% now to 35% in 2030 and 20% in 2040.

Key takeaways:

  • EV infrastructure market is projected to grow to ~$100B by 2040
  • Charge Point Operators (CPO) will generate most of the revenue among EVSE players through integrated turn-key solutions
  • Bi-directional charging and advanced home energy systems will require advanced hardware solutions that will drive ~20B in hardware revenue
  • Software is an enabler for CPO solutions, but software-only revenue will be a small portion of the market

Number of EV charge points poised to grow nearly tenfold through 2030…

The number of charge points in the US is forecast to rise from about 4 million currently to 35 million in 2030, according to a PwC analysis. We forecast that single-unit and multi-unit residential segments will account for about 80% of all charge points (22 million and 6 million, respectively) by 2030.

…to support a similar spike in EVs over that period

The accelerated expansion of the charging infrastructure will be needed to serve the needs of a new generation of EV owners. We forecast that the number of EVs in the US will climb a steep hockey-stick trajectory to 27 million by 2030 and 92 million by 2040. This compares to about 3 million EVs in 2022 (3% of all new car sales, or about 1% of car parc).

The EVSE market is coming of age

The proliferation of EVSE startups and the growth of the sector is signaling that we’re entering a period of a rapid maturation of the industry.

A few trends supporting this include:

  • More than 20 EV charging startups in the EU and US have been acquired since 2021, several by major energy companies.
  • Blink Charging has acquired four startups since 2020, including two in 2022, SemaConnect and Electric Blue, better known as EB Charging.
  • At least five EV companies have gone public via special purpose acquisition companies (SPACs) since 2020, including ChargePoint. Larger cash coffers from initial public offerings (IPOs) give players dry powder to go after M&A targets.

Shifting segments: A shift from residential to work and on-the-go charging?

The fastest-growing charging segment is expected to be the at-work segment, set to grow from nearly zero percent of the entire market to about 17% (or about 6 million charge points) in 2030, according to our study. Apartment buildings (multi-unit residential) are forecast to be another fast-growing segment, rising from nearly nil currently to about 15% of all the market in 2025 and 17% in 2030. Such growth will likely hold important implications for companies as well as engineering and construction firms, which will likely be expected to build charging points into the design of new buildings (e.g., in parking lots or garages) — or retrofit that infrastructure in existing buildings.

Charging segments with various product requirements will meet personalized needs

The needs and hence product requirements vary significantly for each segment

Segment

Needs

Product requirement

Residential single-unit

Home charging (6-8 hours), connectivity features

Level 2 (wall box, mobile cable charger)

Residential multi-unit

Intuitive to use, quick customer service, back-end charger management

Level 2 (wall box, or pedestal hardwired charger, or 240V outlet for mobile cable charger)

Workplace/Office

Reliable and easy to use for employees

Pedestal hardwired Level 2 charger (up to 9.6kW)

Fleet 

Long outdoor life, robust back-end management with reasonable upfront costs or financing option, swift repair/maintenance

Pedestal hardwired Level 2 charger (9.6kW or faster)

Destination 

Direct use with integrated payments and reliable output

Pedestal hardwired Level 2 charger (9.6kW or faster)

Public parking

Visible to customers, easy to access via app, and inexpensive to install

Pedestal hardwired Level 2 or 3 charger (up to 50kW)

On-the-go

Consistent charging output, easy to pay, tidy cable management, and back-end charger management

Pedestal hardwired Level 3 or 4 charger (150kW or faster)

EV sellers, resellers to control single-home residential segment; installers to dominate all other segments

While we forecast that, by 2030, 70% of residential chargers (typically for single-family homes) will be sold (or bundled with a new car purchase) by EV sellers (i.e., original equipment manufacturer, dealership franchises), installers/integrators can be the most important channel building out charging infrastructure in all other segments. This is particularly the case in the on-the-go segment—installers/integrators are forecast to serve 80% of that market segment—followed by public parking and multi unit residential, with that channel controlling 45% of both market segments.

Support for EVs and charging gains traction

The 2021 Infrastructure Investment and Jobs Act funded $7.5 billion to support the buildout of a national public electric vehicle (EV) charging network , particularly along interstate highways. This funding was crucial to support President Joe Biden’s ambition of having EVs account for half of all car and truck sales by 2030. Building on that legislation, the $370 billion Inflation Reduction Act includes tax credits on selected EVs assembled in North America.

Meanwhile, numerous state and municipal governments are either investing directly in or subsidizing EV charging infrastructure development within their jurisdictions. Consider, for example, New York’s $21 million Central Hudson EV Make-Ready program, or California’s $7 million Bay Area Quality Management District’s  Charge! Program  which offset the costs of installing publicly available chargers for commercial EV vehicles. In many cases, though, these charging infrastructure networks are Level 2 roadside or parking lot solutions. Utilities, too, are moving into the EV charging space. PSE&G in New Jersey, for example, is one of many utilities offering credit to customers to offset charging station installation or upgrades.

Consumer sentiment surrounding EVs seems to be at a tipping point as well. More viable and convenient charging solutions will likely serve to allay the “range anxiety” many consumers now wrestle with. Despite their concerns over the ease of charging, especially on long trips, consumers are opening up to the prospect of purchasing EVs. A recent PwC survey found that roughly one in two car buyers considered buying an EV for their last car purchase, while just 5% did so, with charging being cited as one of their top concerns.

Challenges exist for all charging segments

Clearly, there exist challenges for each EV charging segment, many of which hinge on the economics of EV charging .

Here are some challenges for specific EV charging segments that will need to be addressed to remove barriers to full-fledged adoption of charging.

Residential single-unit

Residential multi-unit.

  • Workplace/Office

Destination

Public parking.

Possible challenges 

Awareness. Not all homeowners fully understand what charging products and features are available and which is best for their needs and preferences.

Possible challenges

Resident experience.  Multiresidential building owners will need to ensure that there are enough chargers for all EV owners, and the number of chargers will need to expand as residents’ needs do.

Investment.  For some employers, there may be high upfront costs benefitting relatively few employees, making the calculus of initial investments difficult to justify.

Optimization and upkeep.  Fleet management with EV chargers may require greater management (vs. gas and diesel fueling) to ensure charger availability, avoiding vehicle downtime and coordination with duty cycles.

High cost, limited monetization.  With high hardware and installation costs, destination charging may mean, for some owners, that monetization opportunities could be limited in the short term.

Low ROI in the short term.  High hardware and installation costs and potentially low usage and uptake, as well as construction and installation issues, particularly in high-density areas.

Chicken-and-egg conundrum.  Charge points will not be attractive investments unless they are utilized at a certain scale; yet, EV adoption may be blunted if range anxiety is not allayed, which can only happen by achieving that scale.

Value propositions across the charging infrastructure value chain

As the EVSE market matures over the next two decades, we expect key players in the market to mature — and capture returns on their investments — at varying rates. Here are some of our main takeaways on the prospects surrounding the value propositions of the principal players in the EVSE value chain.

Hardware developers and manufacturers. Many EVSE product developers are facing high upfront expenditures for research and development and manufacturing. While we see such costs as necessary to stay competitive and grow in the short term, we believe hardware players stand to increasingly benefit in the long term from growing demand for EVSE products and service and as they ramp up economies of scale.

Software products and services. Software players now generating revenue streams in the EVSE space are typically doing so via specialized solutions such as custom back-end and customer-facing needs. Expect margins to improve as fleet management solutions and large-scale enterprise back-end solutions are implemented for on-the-go ecosystems.

Installation services. Currently a lower-margin business, we expect this channel will scale rapidly as public charging infrastructure expands, especially as the governmental funding disburses. Installation businesses should reach a tipping point as rates of new installs diminish and are eclipsed by a rising demand for retrofitting older built environments.

Charge point operators (CPOs) Once EV adoption rates approach mainstream (e.g. exceeding 25% of parc) integrated CPOs have the potential to greatly improve their top and bottom lines from bundled offerings including EVSE financing, operation, maintenance and utility charging (the latter from on-the-go and destination chargers). Many CPO businesses are in a long-game mode — and are thus burdened by heavy capital expenditures and low utilization rates. It will likely be a challenging business model to execute. However, for those that continue to manage to grow, the effort could pay strong dividends when EV adoption in the US becomes mainstream and charge points necessarily become as, or more, ubiquitous than today’s gas pumps.

Entering or expanding in the EVSE market: keep your eye on the prize

As the EVSE market becomes increasingly dynamic and competitive, companies should get the following right to develop a winning value proposition and business strategy.

  • Gain a deeper understanding of current customer needs and products & services requirements and how they could change.
  • Identify the most appropriate business model (e.g., target customer segments, value pools, strategic partnerships) that best aligns with your capabilities (and your right-to-win).
  • Consider whether your company can leverage your existing technologies and capabilities to grow organically in the EVSE market – or forge partnerships with companies that possess the attributes your company needs.
  • Depending on the business you are in (e.g., on-the-go stations, hotels, retailers), be mindful that losing control of the customer experience to partners can introduce long-term risks.
  • Be realistic about the challenging economics of the EVSE market. Depending on your business model, significant investment will likely be required and returns could be long-term. Companies entering the market, therefore, need to have a tolerance for risk, patience and cash flow to play the long game.
  • Be vigilant about spotting the right potential acquisition targets, because the market will likely continue to consolidate. Companies looking to acquire targets will need to have sufficient cash reserves — or leverage — as well as the right integration capabilities to become a market leader in the EVSE infrastructure market.

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Electric Vehicle Charging Station Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Electric Vehicle Charging Station Market Report is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles), Charger Type (AC Charging Stations and DC Charging Stations), Charging Ownership Type (Public and Private), Charging Service Type (EV Charging Services and Battery Swapping Services), Charging Infrastructure Type (CHAdeMO, CCS, GB/T Fast Charger, Tesla Supercharger, and Others), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World).

Electric Vehicle (EV) Charging Station Market Size

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EV Charging Station Market Summary

Study Period 2019 - 2029
Market Size (2024) USD 32.86 Billion
Market Size (2029) USD 104.09 Billion
CAGR (2024 - 2029) 25.94 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

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Electric Vehicle Charging Station Market Analysis

The Electric Vehicle Charging Station Market size is estimated at USD 32.86 billion in 2024, and is expected to reach USD 104.09 billion by 2029, growing at a CAGR of 25.94% during the forecast period (2024-2029).

The growth of the electric vehicle (EV) charging station market is fueled by a global shift toward sustainable transportation solutions and the increasing adoption of electric vehicles. In recent years, several governments worldwide have implemented ambitious initiatives to promote electric mobility and reduce carbon emissions.

However, the market experienced disruptions due to the COVID-19 pandemic, leading to temporary business closures, reduced mobility, and economic uncertainty. The pandemic caused delays in infrastructure projects and hindered consumer spending on electric vehicles and associated charging infrastructure.

Despite the initial setbacks, the EV charging station market has shown resilience. Governments worldwide started prioritizing sustainable transportation solutions as part of their post-pandemic recovery plans, which include investments in EV charging infrastructure to stimulate economic growth and create jobs.

Countries like Norway and the Netherlands have set targets to phase out internal combustion engine vehicles, driving significant investments in EV charging infrastructure. Similarly, major economies such as the United States, China, and European countries have introduced subsidies, tax incentives, and regulatory mandates to accelerate the deployment of charging stations.

  • In the United States, over USD 1.5 billion has been allocated through the National Electric Vehicle Infrastructure (NEVI) Formula Program to facilitate the construction of EV chargers, spanning approximately 75,000 miles of highways. This significant investment aims to bolster the country’s electric vehicle charging infrastructure and promote the widespread adoption of cleaner transportation options.

Hence, based on the above-mentioned factors, the market for electric vehicle charging stations is expected to continue its growth trajectory during the forecast period.

Electric Vehicle Charging Station Market Trends

Passenger cars are leading the electric vehicle charging station market.

The passenger car segment is the largest in the electric vehicle charging stations market. This is primarily due to the higher volume of passenger cars compared to commercial vehicles and the increasing adoption of electric passenger vehicles globally. Passenger cars account for a significantly higher portion of EV sales, driving the demand for charging infrastructure to support their charging needs.

The rapid growth of electric passenger vehicle sales in recent years is one of the key factors driving the passenger car segment's growth. According to the International Energy Agency (IEA), global electric passenger car sales surged by 41% in 2020 despite the challenges posed by the COVID-19 pandemic. This growth has been supported by factors such as declining battery costs, government incentives, and improvements in EV technology, making electric passenger cars increasingly attractive to consumers.

Moreover, government policies and regulations aimed at reducing greenhouse gas emissions and promoting electric mobility have primarily targeted passenger vehicles. Many countries have implemented subsidies, tax incentives, and mandates to encourage the adoption of electric passenger cars, driving the demand for EV charging infrastructure. For example,

  • In June 2022, the UK government announced its plan to refocus on charging after winding down the subsidy program for electric cars. Government funding of around GBP 1.6 billion (USD 2.1 billion) has been allocated to support the EV Infrastructure Strategy, which aims to install 300,000 public chargers by 2030.

Such developments and factors are expected to contribute to the growth of the public charging station segment.

EV Charging Station Market: Worldwide EV Sales, In Million Units, 20176-2023

Asia-Pacific to be the Fastest Growing Region During the Forecast Period

The fastest-growing region in the electric vehicle (EV) charging stations market is Asia-Pacific (APAC). Several key factors have propelled the region to the forefront of EV adoption and charging infrastructure development. China and India, in particular, stand out as major contributors to the growth of the EV charging market in APAC.

One of the primary catalysts of the market's growth in the APAC region is the strong government support and policies promoting electric mobility and charging infrastructure deployment. Countries like China, India, Japan, and South Korea have implemented ambitious targets and incentives to accelerate the adoption of electric vehicles and the expansion of charging infrastructure networks. For example,

  • China's New Energy Vehicle (NEV) credit system and subsidy programs have led to a surge in investments in EV charging infrastructure, leading to a rapid increase in the number of charging stations across the country.
  • Similarly, Japan's METI's "Guidelines for Promoting the Development of EV Charging Infrastructure" have set targets for the installation of up to 300,000 EV charging ports by 2035.

Furthermore, the rapid urbanization and population growth in APAC countries have increased the demand for sustainable transportation solutions, including electric vehicles and charging stations. Urban areas with dense populations and high levels of pollution are particularly incentivized to transition to cleaner transportation alternatives, leading to a surge in EV adoption and charging infrastructure deployment.

Additionally, technological advancements and innovation in EV charging technology have contributed to the growth of the market in APAC. Key players operating in the region are developing advanced charging solutions, including fast-charging systems, wireless charging technology, and smart charging networks, to address the evolving needs of consumers and businesses. For instance,

  • In November 2023, Lotus, the UK-based automaker, introduced its suite of electric vehicle (EV) charging solutions, including an ultra-fast 450 kW DC charger, a power cabinet, and a modular unit capable of charging up to four vehicles simultaneously. These new charging solutions are specifically designed for the Indian market. The Liquid-Cooled All-in-One DC Charger is a cutting-edge charger that provides ultra-fast charging at rates of up to 450 kW.

Overall, Asia-Pacific is expected to record a significant CAGR in the coming years, owing to government support, urbanization trends, and technological innovations.

Electric Vehicle Charging Station Market, Growth Rate by Region, 2024 - 2029

Electric Vehicle Charging Station Industry Overview

The electric vehicle charging station market is moderately consolidated. The market is led by a few companies, such as ABB, Siemens, BYD Company, Siemens AG, and Tesla Inc.

The key players are engaged in continuously improving their product offerings through R&D investments, integration of advanced technology, product collaboration, and innovation of existing product lines. For instance,

  • In January 2023, ABB E-mobility signed a global framework agreement to support Scania globally with EV charging solutions. ABB's E-mobility portfolio will enable Scania to provide complete EV solutions for customers, electrifying its fleet and supplying vehicles, chargers, services, and software globally.

Electric Vehicle Charging Station Market Leaders

ChargePoint Inc.

BYD Company

*Disclaimer: Major Players sorted in no particular order

Electric Vehicle Charging Station Market Concentration

Electric Vehicle Charging Station Market News

  • June 2023: Stellantis introduced Free2move Charge, a comprehensive ecosystem that provides seamless charging and energy management solutions for electric vehicle (EV) customers. This holistic approach caters to EV needs across various scenarios, including home charging, business charging, and on-the-go charging. The initiative is overseen by the newly established Stellantis Charging & Energy Business Unit, emphasizing Stellantis’s commitment to supporting the growing EV market.
  • June 2023: Circontrol, a prominent provider of electric vehicle charging solutions, introduced the Genion One, an innovative device that empowers electric vehicle drivers to minimize their carbon footprint. This cutting-edge solution enables users to charge their EVs exclusively with 100% green energy harnessed from their photovoltaic panels. The Genion One offers three distinct charging modes: Just Green, Smart Mix, and Boost Mode.
  • June 2023: EVBox, a prominent provider of electric vehicle (EV) charging solutions, unveiled its most robust charging station: the EVBox Troniq High Power. This charging station boasts a 400 kW power delivery capacity and holds the distinction of being the first standalone station to undergo rigorous testing and validation in real-world scenarios across France and the Netherlands. The EVBox Troniq High Power is constructed on the adaptable and scalable Troniq Modular platform, which facilitates seamless integration into existing charging infrastructure for businesses.
  • March 2023: 7-Eleven Inc. introduced 7Charge, its proprietary EV charging network and app, which provides a convenient and dependable fast-charging experience at specific 7-Eleven stores across the United States and Canada. The 7Charge network ensures that EV drivers can enjoy the signature convenience and accessibility associated with 7-Eleven. At these 7Charge sites, customers can charge their electric vehicles of any make and model, as long as they are compatible with CHAdeMO or Combined Charging System (CCS) plug types12.

Electric Vehicle (EV) Charging Station Market Report - Table of Contents

1. INTRODUCTION

1.1 Study Assumptions

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Drivers

4.1.1 Rising EV Sales and Decreasing EV Prices are Driving the Market

4.2 Market Restraints

4.2.1 High Initial Cost of Installing and Maintaining a Standard EV Charging Station is a Challenge

4.3 Industry Attractiveness - Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value USD billion)

5.1 By Vehicle Type

5.1.1 Passenger Cars

5.1.2 Commercial Vehicles

5.2 By Charger Type

5.2.1 AC Charging Station

5.2.2 DC Charging Station

5.3 By Charging Ownership Type

5.3.1 Public

5.3.2 Private

5.4 By Charging Service Type

5.4.1 EV Charging Services

5.4.2 Battery Swapping Services

5.5 By Charging Infrastructure Type

5.5.1 Chademo

5.5.3 GB/T Fast Charge

5.5.4 Tesla Superchargers

5.5.5 Other Charging Infrastructure Types

5.6 By Geography

5.6.1 North America

5.6.1.1 United States

5.6.1.2 Canada

5.6.1.3 Rest of North America

5.6.2 Europe

5.6.2.1 Germany

5.6.2.2 United Kingdom

5.6.2.3 France

5.6.2.4 Italy

5.6.2.5 Rest of Europe

5.6.3 Asia-Pacific

5.6.3.1 China

5.6.3.2 Japan

5.6.3.3 India

5.6.3.4 South Korea

5.6.3.5 Rest of Asia-Pacific

5.6.4 Rest of the World

5.6.4.1 South America

5.6.4.2 Middle East and Africa

6. COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles*

6.2.1 ABB Ltd

6.2.2 ChargePoint Inc.

6.2.3 Schneider Electric SE

6.2.4 Siemens AG

6.2.5 Tesla Motors Inc.

6.2.6 Evbox (ENGIE)

6.2.7 BYD Company

6.2.8 Leviton Manufacturing Co. Inc.

6.2.9 SemaConnect Inc.

6.2.10 The Newmotion BV (Acquired by Shell)

6.2.11 EFACEC Power Solutions SGPS

6.2.12 EV Solutions (Webasto)

6.2.13 Chargemaster Limited (BP Pulse)

6.2.14 Qingdao Tgood Electric Co. Ltd

6.2.15 Wanbang Digital Energy Pte. Ltd. (Star Charge)

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 There will be an Increased Adoption of V2G and IoT Enabled Charging Infrastructure in Coming Years

8. MARKET SIZE AND FORECAST IN TERMS OF VOLUME

9. ANALYSIS OF REGULATORY FRAMEWORKS RELATED TO EV CHARGING ACROSS DIFFERENT REGIONS/COUNTRIES

Electric Vehicle Charging Station Industry Segmentation

An electric vehicle charging station, ECS (electronic charging station), and EVSE (electric vehicle supply equipment) supply electric energy for the recharging or charging of plug-in electric vehicles, including electric cars, neighborhood electric vehicles, and plug-in hybrids.

The electric vehicle charging station market is segmented by vehicle type, charger type, charging ownership type, charging service type, charging infrastructure type, and geography. By vehicle type, the market is segmented into passenger cars and commercial vehicles. By charger type, the market is segmented into AC charging stations and DC charging stations. By charging ownership type, the market is segmented into public and private. By charging service type, the market is segmented into EV charging services and battery swapping services. By charging infrastructure type, the market is segmented into CHAdeMO, CCS, GB/T fast charger, Tesla supercharger, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. For each segment, market sizing and forecasts are given based on value (USD).

By Vehicle Type
Passenger Cars
Commercial Vehicles
By Charger Type
AC Charging Station
DC Charging Station
By Charging Ownership Type
Public
Private
By Charging Service Type
EV Charging Services
Battery Swapping Services
By Charging Infrastructure Type
Chademo
CCS
GB/T Fast Charge
Tesla Superchargers
Other Charging Infrastructure Types
By Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest of the World
South America
Middle East and Africa

Electric Vehicle (EV) Charging Station Market Research FAQs

How big is the electric vehicle charging station market.

The Electric Vehicle Charging Station Market size is expected to reach USD 32.86 billion in 2024 and grow at a CAGR of 25.94% to reach USD 104.09 billion by 2029.

What is the current Electric Vehicle Charging Station Market size?

In 2024, the Electric Vehicle Charging Station Market size is expected to reach USD 32.86 billion.

Who are the key players in Electric Vehicle Charging Station Market?

Tesla Inc., ABB Ltd., ChargePoint Inc., Siemens AG and BYD Company are the major companies operating in the Electric Vehicle Charging Station Market.

Which is the fastest growing region in Electric Vehicle Charging Station Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Electric Vehicle Charging Station Market?

In 2024, the Asia Pacific accounts for the largest market share in Electric Vehicle Charging Station Market.

What years does this Electric Vehicle Charging Station Market cover, and what was the market size in 2023?

In 2023, the Electric Vehicle Charging Station Market size was estimated at USD 24.34 billion. The report covers the Electric Vehicle Charging Station Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Electric Vehicle Charging Station Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

What are the key challenges in the Electric Vehicle Charging Station Market?

Key Challenges in the EV Charging Station are : a) High upfront costs b) Limited charging infrastructure in some regions c) Slow charging speeds d) Uneven distribution, and grid integration issues

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EV Charging Station Industry Report

The global electric vehicle (EV) charging station market is on a significant upswing, fueled by the rising adoption of EVs globally. This growth is closely linked to the escalating need for efficient and extensive charging infrastructure, spurred by government and private sector efforts to bolster EV charging networks, particularly public stations. The market is innovating with collaborations between OEMs and operators for fast charging solutions and exploring wireless and autonomous technologies to simplify EV use. Leading the charge is the Asia-Pacific region, with China at its helm, alongside Europe and North America, all investing heavily in electric mobility. This expansion is driven by a move towards cleaner transportation to mitigate climate change, integrating EV charging into smart city infrastructures. The market is brimming with opportunities for innovation and service expansion. Statistics for the electric vehicle (EV) charging station market share, size, and revenue growth rate, created by Mordor Intelligence™ Industry Reports. electric vehicle (EV) charging station analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.

EV Charging Station Market Report Snapshots

  • EV Charging Station Market Size
  • EV Charging Station Market Share
  • EV Charging Station Market Trends
  • EV Charging Station Companies
  • EV Charging Station News

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  • EV Charging Station Market
  • Top Market Reports

EV Charging Station Market by Application, Level of Charging, Charging Point, Charging Infrastructure, Operation, DC Fast Charging, Charge Point Operator, Connection Phase, Service, Installation and Region - Global Forecast to 2030

electric vehicle charging market research report

  • Description
  • TABLE OF Contents
  • METHODOLOGY

[394 Pages Report] The global EV Charging Station Market is estimated to be worth USD 7.3 billion in 2024 and reach USD 12.1 billion by 2030 at a CAGR of 8.8% over the forecast period. The growth of EV charging stations is driven by factors such as increased global EV sales and the need to expand charging infrastructure. Government policies and subsidies incentivize rapid deployment across regions. The limited driving range of EVs highlights the need for vast charging networks to relieve range anxiety, which leads to increased setup. Decreasing EV prices are also expected to drive up demand for charging stations, catering to a broader consumer base. Such factors will increase the setup of EV charging stations with growing EV sales.

electric vehicle charging market research report

Market Dynamics :

Driver: government policies and subsidies to support faster setup of ev charging stations.

The increasing global demand for EVs is expected to drive up the need for charging infrastructure, with governments worldwide funding its development and offering subsidies. Favorable policies incentivize the installation of charging stations, often accompanied by incentives such as reduced fees and taxes. Many countries have committed to expanding EV charging infrastructure alongside their EV transition plans. Both public and private investments, like US plans to deploy 500,000 new charging outlets by 2030, contribute to growth. Innovations such as high-speed charging stations and wireless systems have emerged from private sector investments. Tackling these challenges requires a collaborative approach involving policy incentives, technological advancements, and education campaigns. In the EU, initiatives like the European Green Deal and the Fit for 55 package aim to support electric mobility and reduce carbon emissions. Similarly, the National Electric Vehicle Infrastructure (NEVI) Formula Program in the US is introducing regulations to enhance the efficiency and accessibility of EV charging networks. Government financial support, such as subsidies for installing charging stations , further stimulates growth in the EV charging station market, prompting automakers to shift their focus towards electric vehicles.

Restraint: Lack of standardization of charging infrastructure

The absence of standardized electric vehicle (EV) charging infrastructure has become increasingly apparent due to factors such as the expanding EV market and varying charging requirements. Certain EV charging stations may only support specific voltage types. For instance, AC charging stations offer 120V AC via level 1 charging and 208/240V AC via level 2 charging, while DC charging stations provide rapid charging at 480V AC. Various countries adhere to different fast charging standards, with Japan utilizing CHAdeMO, Europe utilizing CCS 2, the US, and South Korea employing CCS 1, and China utilizing GB/T.

Opportunity: Use of V2G-enabled EV charging stations for electric vehicles

Vehicle-to-Grid (V2G) EV charging represents a system facilitating bi-directional electrical energy exchange between plug-in EVs and the power grid. One of the primary advantages of V2G charging stations lies in grid balancing. By enabling electric vehicles to feed power back into the grid during peak demand periods, V2G charging stations contribute to grid stability, potentially obviating the need for costly infrastructure upgrades. This could translate into reduced consumer energy expenses and a more resilient grid infrastructure. Additionally, V2G charging stations offer energy storage capabilities. Electric vehicles serve as mobile energy storage units, providing backup power to residences and businesses during outages or emergencies. This enhances energy resilience and diminishes reliance on diesel generators or other backup systems. Moreover, V2G charging stations have the potential to lower energy costs.

Challenges: Significant dependence on fossil fuel electricity generation & limited production in developing countries

Numerous countries continue to rely on fossil fuels for electricity generation, leading to significant environmental pollution. However, the limited sustainability of these fuels for long-term power generation, coupled with lower grid capacity from such power plants, is expected to hinder the widespread adoption of electric vehicles (EVs) in many nations in the coming decades. For instance, India generates approximately 60% of its electricity from fossil fuels, including coal and lithium, while the United States relies on fossil fuels for a similar percentage of its electricity production. In contrast, Europe utilizes fossil fuels for only about 35-40% of its electricity generation. To address this challenge, countries will need to undertake extensive updates to their power generation infrastructure and transition towards more environmentally efficient methods of electricity production. The continued reliance on fossil fuels for electricity generation contradicts the goal of transitioning to EVs from traditional internal combustion engine (ICE) vehicles and presents a significant obstacle for countries striving to reduce emissions over the long term.

  • Market Ecosystem

EV Charging StationMarket Ecosystem

“DC Ultra-fast 1 charger segment is estimated to hold a significant share of EV Charging Station market during the forecast period.”

The segment for ultra-fast 1 chargers is expected to expand rapidly, supported by growing demand and OEMs offering compatible EVs. The surge in demand for High Power Charging Stations (HPCS) is boosting the development of faster charging infrastructure, with stations capable of delivering a full charge within 10-20 minutes becoming increasingly popular. Major players like ABB and Tesla are leading the charge, with Tesla upgrading its superchargers to 250 kW and planning further upgrades to 300 kW. Electrify America recently inaugurated a flagship indoor station in the US. While demand for ultra-fast chargers is growing, they are primarily used for specific cases due to their higher cost and concerns about battery degradation over time.

“Three-Phase Charger segment expected to be the largest segment during the forecast period.”

The increasing demand for fast charging is driving the market for three-phase electric vehicle (EV) chargers, offering power outputs up to 43 kW AC and 350 kW DC. Government initiatives, such as plans for millions of chargers by 2030 and specific mandates like one DC charger per 60 kilometers in the US, are fostering EV adoption. Advancements in EV technology are making electric vehicles more accessible and affordable, further boosting demand. Three-phase chargers with advanced safety features are ideal for public charging stations and parking lots. They offer rapid charging speeds, significantly faster than single-phase chargers, appealing to users seeking quick recharging times. As EV adoption grows, the need for charging infrastructure is increasing, with three-phase chargers playing a critical role.

“China is estimated to be the largest market during the forecast period.”

The China region is poised to become the largest market for EV Charging Station by 2030, The growth of the EV charging station market in China is propelled by several key factors. The government's implementation of the Green Car Credit system and generous incentives for expanding the EV charging network have significantly boosted market expansion. Moreover, rapid advancements in charging infrastructure facilitate the accessibility and efficiency of charging stations across the nation. China is investing significantly in the production of EV charging stations to provide charging solutions for the increasing number of EVs in the country. OEMs such as BYD also plan to establish production plants worldwide to manufacture electric buses and trucks to meet demand. Additionally, the rising demand for fast-charging solutions within the region further stimulates market growth, reflecting consumers' evolving preferences towards convenient and speedy charging options for their electric vehicles. EV Battery prices started falling to half in 2024, which is expected to drive EV sales and EVCS setup in coming years. Leading CPOs in China like StarCharge, Stategrid among others are having high setup rate, but low utilization rate. For instance, StarCharge, which is the second biggest public charging network in China, with over 419,000 charging points. Each of these charging points uses only about 40 kilowatt hours (kWh) of power per day. This means that on average, each charger is used for less than two hours a day, with a daily utilization rate of 8 percent.

East China EV Charging StationMarket Size, and Share

  • Key Market Players

The EV Charging Station market is dominated by major OEMs, including ABB (Switzerland), BYD (China),  ChargePoint (US), Tesla (US), Tritium (Australia), and Charge Point Operators including BP (UK), Shell (UK), ENGIE (France), TotalEnergies (France), Enel X (Italy) among others. These companies offer EV Charging solutions and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the EV Charging Station market.

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electric vehicle charging market research report

Scope of the Report

Report Metric

Details

Market size available for years

2020–2030

Base year considered

2023

Forecast period

2024-2030

Forecast units

Value (USD Million)

Segments covered

Level of Charging, Charging Service Type, Charge Point Operator, Charging Infrastructure Type, Charging Point Type, Installation Type, Connection Phase, Application, DC Fast Charging Type, Operation, and Region

Geographies covered

China, Asia Pacific, Europe, North America, Middle East and Rest Of the World

Companies Covered

ABB(Switzerland), BYD (China), Tesla (US), Schneider Electric (France), Tritium (Australia), Shell (UK), Chargepoint (US)
Total 40+ major players across six regions covered

This research report categorizes the electric vehicle charging station market based on charging point type, level of charging, installation type, charging infrastructure type, application, DC fast charging type, charge point operator, electric bus charging type, charging service type, operation, connection phase and region.

Based on Level of Charging:

Based on charging point type:.

  • AC Charging
  • DC Charging

Based on Installation Type:

Based on application:.

  • Semi-Public

Based on Charging Service:

  • EV Charging Service
  • Battery Swapping Service

Based on Charging Infrastructure Type:

  • Tesla SC (NACS)

Based on DC Fast Charging Type:

  • Slow DC (<49 kW)
  • Fast DC (50-149 kW)
  • DC Ultra-Fast 1 (150-349 KW)
  • DC Ultra-Fast 2 (>349 kW)

Based on Electric Bus Charging Type:

  • Off-board Top-down Pantograph
  • On-board Bottom-up Pantograph
  • Charging Via Connector

Based on Charge Point Operator:

  • Asia Pacific
  • North America

Based on Connection Phase:

  • Single Phase
  • Three Phase

Based on Operation:

Based on the region:.

  • South Korea
  • Netherlands
  • Switzerland
  • Saudi Arabia
  • South Africa
  • Other Countries
  • Recent Developments
  • In January 2024, MAN Truck & Bus and ABB signed a cooperation agreement to tackle the electrification challenges Europe's trucking fleet faced. The agreement focused on accelerating the progress of megawatt charging stations, investigating innovative electric vehicle integrations, and creating software solutions tailored for electric trucks .
  • In February 2024, Raizen Power and BYD formed a strategic partnership to accelerate sustainable electric mobility in Brazil. The initiative aims to significantly expand the public network of electric chargers, providing 100% clean and renewable energy and enhancing the recharging experience for users. Raízen Power, aiming for a 25% market share in Brazil's electromobility sector, will install approximately 600 new DC charge points, contributing an additional 18 MW of installed power for nationwide EV recharging.
  • In January 2024, BP partnered with Geotab to offer an integrated software solution for managing EV fleets. The partnership combines bp pulse's charge management software, Omega, with Geotab's telematics data, providing fleet operators with a unified platform. This integrated solution, available through the Geotab Marketplace, enables optimization of EV charging operations based on factors such as lower-cost energy and vehicle availability. The combination of Omega's fleet optimization capabilities and Geotab's comprehensive telematics data offers fleet operators’ insights into both charging infrastructure health and vehicle location.
  • In December 2023, ENGIE, CEVA Logistics, and SANEF partnered in the European Clean Transport Network (ECTN) Alliance. CEVA establishes relay stations at its Avignon, Lyon, Dijon, and Lille agencies and a control tower based in Valenciennes to oversee flows, monitor travel times, and track energy consumption. ENGIE is responsible for installing and operating electric charging stations. SANEF hosted a relay station at the Sommesous service area for testing purposes, representing a prototype of future terminals along highways or near major long-distance freight routes.
  • In December 2023, BP and Iberdrola entered into a joint venture aimed to create an extensive fast and ultra-fast public charging network for electric vehicles (EVs) in Spain and Portugal. bp has planned to invest USD 1.08 billion, aiming to install 11,700 charging points by 2030. It commenced operations with over 300 charging points and aims to have nearly 5,000 in Spain and Portugal by 2025.

Frequently Asked Questions (FAQ):

What is the current size of the global ev charging station market.

The global EV Charging Station market is projected to grow from USD 7.3 billion in 2024 to USD 12.1 billion by 2030, at a CAGR of 8.8%

Who are the winners in the global EV Charging Station market?

The EV Charging Station market is dominated by major OEMs, including ABB (Switzerland), Tritium (Australia), BYD (China), ChargePoint (US), Tesla (US), and Charge Point Operators including bp (UK), Shell (UK), ENGIE (France) and Total Energies (France).

Which region will have the largest market for EV Charging Station?

The China region will have the largest market for EV Charging Station due to government’s support to Green car credit system and high Incentives for EV Charging Network in the region.

Which country will have the significant demand for EV Charging Station in Europe region?

Germany will be a significant market for EV Charging stations. Government incentives and the presence of large number of CPOs such as EnBW, Shell, and Ionity, among others, will increase the demand in Germany.

What are the key market trends impacting the growth of the EV Charging Station market?

Megawatt Charging System (MCS), Induction charging, Vehicle-to-Grid (V2G) Technology, and Wireless charging are the key market trends or technologies that will have a major impact on the EV Charging Station market. .

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

The study involved four major activities in estimating the current size of the EV Charging Station market. Exhaustive secondary research was done to collect information on the market, the peer market, and the child markets. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, European Alternative Fuels Observatory (EAFO), European Automobile Manufacturers' Association (ACEA), China Association of Automobile Manufacturers (CAAM), International Organization of Motor Vehicle Manufacturers (OICA), Electrical Vehicle Charging Association (EVCA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global EV Charging Station market.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the EV Charging Station market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand (automotive OEMs) and supply (EV Charge Point Operator and EV Charging Service providers sides across major regions, namely, China, Asia Pacific, Europe, North America, Middle East and Rest Of the World. Approximately 30% and 70% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were also conducted with highly experienced independent consultants to reinforce the findings from primaries. This, along with the in-house subject matter experts’ opinions, led to the findings described in the remainder of this report.

EV Charging Station Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the bottom-up approach, EV charging station sales at the country level were considered. The penetration of EV charging stations was identified at the country/region level through secondary and primary research. Vehicle sales at the country level were then multiplied by the penetration rate of electric vehicle charging stations to determine the size of the EV charging station market in terms of volume. The country-level market size, in terms of volume, was then multiplied by the region-level average EV charging station subscription price to determine the market size in terms of value for each vehicle type. The summation of the region-level market size by volume and value gives the global-level market size.

EV Charging Station Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Market Size Validation

To derive the market for EV charging stations, by segment, in terms of volume, the adoption rate of all segments was identified at the regional level. To derive the market in terms of value, the cost breakup percentage of all segments at the regional level was applied to the global value of the EV charging station market. This gives the market for each segment in terms of volume and value.

For instance,

  • The EV charging station market, by level of charging, was derived using the top-down approach to estimate the subsegments: Level 1, Level 2 while level 3 was derived from DC charger sales.
  • The market size, in terms of volume, was derived at the country level. The total volume of the market were multiplied by the adoption rate breakup percentage of charging level at the country level, respectively.

EV Charging Station Market Top Down Approach

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

An electric vehicle is an automobile propelled by one or more electric motors. An electric vehicle uses energy stored in rechargeable batteries, which can be charged using private or public charging infrastructure. There are four main types of electric vehicles, namely, battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), and fuel cell electric vehicles (FCEVs).

EV charging station is electrical equipment used to charge plug-in electric vehicles. This equipment can charge an electric vehicle in 6-20 hours for normal charging (Level 1 & Level 2 charging) and approximately 15-60 minutes for fast/supercharging (Level 3 charging). EVs have different charging requirements and can be used with the required chargers. They allow the conversion of current for the vehicle to be easily charged and set up at homes, semi-public places, public charging stations, and a portable charging system.

List of Key Stakeholders

  • Associations, Forums, and Alliances related to EV Charging Stations
  • Utility Companies
  • Oil & Gas Companies
  • Automobile Manufacturers
  • Battery Distributors
  • Battery Manufacturers
  • Charging Infrastructure Providers
  • Charging Service Providers
  • Energy Storage Companies
  • Environmental Groups
  • EV Charging Pole Manufacturers
  • EV Charging Network Operators
  • EV Charging Station Service Providers
  • EV Component Manufacturers
  • EV Distributors and Retailers
  • EV Manufacturers
  • Electric Utilities and Grid Operators
  • Electrical Contractors
  • Government Agencies and Policymakers
  • Property Owners

Report Objectives

  • To segment and forecast the EV charging station market size in terms of volume (thousand units) and value (USD million)
  •  To segment and forecast the market size by volume (thousand units) and value (USD million) based on the level of charging (Level 1, Level 2, Level 3)
  • To segment and forecast the market size by volume (thousand units) based on application (private, semi-public, public)
  • To segment and forecast the market size by volume (thousand units) based on charging point type (AC charging, DC charging)
  • To segment and forecast the market size by volume (thousand units) based on charging infrastructure type (CCS, CHAdeMO, Type 1, Tesla SC (NACS), GB/T Fast, Type 2)
  • To provide qualitative insights on electric bus charging type (off-board top-down pantographs, onboard bottom-up pantographs, charging via connectors)
  • To provide qualitative insights on charging service type (EV charging services, battery swapping services)
  • To segment and forecast the market size by volume (thousand units) based on charge point operators (Asia Pacific, Europe, North America)
  • To segment and forecast the market size by volume (thousand units) based on installation type (portable chargers, fixed chargers)
  • To segment and forecast the market size by volume (thousand units) based on DC fast charging type (slow DC, fast DC, DC ultra-fast 1, DC ultra-fast 2)
  • To segment and forecast the market size by volume (thousand units) based on operation (Mode 1, Mode 2, Mode 3, and Mode 4)
  • To segment and forecast the market size by volume (thousand units) based on connection phase (single phase, three phase)
  • To forecast the market size with respect to key regions, namely, China, Asia Pacific, Europe, North America, Middle East, and Rest of the World
  • To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze the market with respect to individual growth trends, prospects, and contributions to the total market
  • Value Chain Analysis
  • Ecosystem Analysis
  • Technology Analysis
  • Case Study Analysis
  • Patent Analysis
  • Regulatory Landscape
  • Average Selling Price Analysis
  • Buying Criteria
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as deals, product developments, and other activities carried out by key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in line with company-specific needs.

  • Further breakdown for the EV Charging Station market, by charging level, at the country-level (for countries covered in the report)
  • Further breakdown of the EV Charging Station market, by DC charging Type, at the country-level (for countries covered in the report)

Company Information

  • Profiles of additional market players (up to five)

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Growth opportunities and latent adjacency in EV Charging Station Market

I would like to know more about the investments and policies expected to help boost the growth of the electric vehicle charging station market

The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1. Factors such as rising sales of EVs around the world, along with the growing demand for zero-emission transport will boost the demand for the electric vehicle charging station market. Developments in technologies like portable charging stations, bi-directional charging, smart charging with load management, usage-based analytics, and automated payment, and the development of ultra-fast charging technology will create new opportunities for this market.

This is a brand-new study published couple e of weeks ago and the report covers the industry statistics considering the actual sales volumes and revenue for the year 2021 as the base year data to estimate and forecast the market to 2027. Yes, we have covered the post-COVID19 impact analysis and Supply Chain disruption of the market and also since we track the EV market, we have drawn parallels from the EV sales growth report to estimate the growth rates for the EVSE market.

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Electric Vehicle Charging Station Market Size, Share, Competitive Landscape and Trend Analysis Report by Mode of charging, by Charging level, by End User : Global Opportunity Analysis and Industry Forecast, 2022-2031

AT : Electric and Hybrid Vehicles

Report Code: A17391

Tables: 128

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The global electric vehicle charging station market size was valued at $16.6 billion in 2021, and is projected to reach $226.3 billion by 2031, growing at a CAGR of 30.5% from 2022 to 2031.

An electric vehicle charging station is a device or equipment that is used to connect electric vehicle and plug-in electric vehicle to a source of electricity to recharge them. Charging stations are installed at public locations such as shopping centers, parking and others, by private companies or electric utility companies. In addition, electric vehicle charging station provides different types of charging levels such as level 1, level 2, and level 3. Moreover, electric vehicle charging stations have multiple configurations such as wall-mounted or free-standing, single charging head or multi-head, commercial or residential grade, and indoor or outdoor installment. 

Electric Vehicle Charging Station Market

The growth of the global electric vehicle charging station market is propelling, due to rise in adoption of electric vehicles owing to government initiatives. However, high cost of electric vehicle charging infrastructure, and lack of standardization of current EV charging infrastructure are the factors hampering the growth of the market. Furthermore, incorporation of vehicle-to-grid (V2G) EV charging stations is the factor expected to offer growth opportunities during the forecast period.

The electric vehicle charging station market is segmented on the basis of mode of charging, charging level, end user, and region. By mode of charging, it is segmented into plug-in charging, and wireless charging system. By charging level, it is classified into Level 1, Level 2, and Level 3. By end user, it is categorized into residential, and commercial. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

North America includes U.S., Canada, and Mexico. Leading automobile manufacturers are planning deployment of huge electric vehicle charging infrastructure in North America, which in turn propels the growth of the electric vehicle charging station market in North America. For instance, Ford, an automobile manufacturer is planning a huge electric vehicle charging network in North America. The company will be building out 12,000 sites to charge electric vehicles and over 35,000 charge plugs. Such initiatives and developments from the leading companies operating in the market are anticipated to propel the growth of the market in this region.

Wireless charging is projected as the most lucrative segment

Moreover, U.S. government is taking initiative to install electric vehicle charging station across the nation, which supplement the growth of the market. For instance, in 2021, in the U.S., President Joe Biden proposed spending at least $15 billion to begin rolling out electric vehicle charging stations, with the goal of reaching 500,000 charging stations nationwide by 2030. 

Electric vehicle technology manufacturers in Canada are planning to deploy more charging stations in the country. For instance, in 2021, Electrify Canada, partnership formed by Electrify America in cooperation with Volkswagen Group Canada, announced that it is planning to widen its electric vehicle charging station network of 32 stations to more than 100 charging locations and 500 chargers in the next 4.5 years across Canada. Electrify Canada is expected to expand its network to nine provinces, adding stations in Manitoba, Saskatchewan, New Brunswick, Nova Scotia, and Prince Edward Island.

Europe includes Germany, France, UK, Italy, and rest of Europe. The government initiatives to reduce the emission of harmful gases from the internal combustion engine vehicles are anticipated to provide significant growth to the electric vehicle market, which in turn propel the growth of the Europe electric vehicle charging station market. In addition, introduction of a new range of electric vehicle with advancement and innovations are anticipated to propel the growth of the market in Europe.

Technological advancements and growth in vehicle standards across Europe such as strict emission limits contribute toward the growth of the electric vehicle market in Europe. Prevalence of various vehicle emission protocols forces the manufacturers to manufacture technically advanced, low-cost, and lightweight electric vehicles. High disposable income, and rise in prevalence of Europe safety protocols, drive the electric vehicle charging station market growth in this region.

The increase in adoption of electric vehicle and government mandates to promote adoption of electric vehicle is anticipated to boost the growth of the electric vehicle charging station market in the UK. In addition, companies operating in electric vehicle charging station market are focusing on establishing ultra-fast charging hubs across UK, which fuels the growth of the market. For instance, in 2021, BP pulse in a partnership with Electric Vehicle Network (EVN), unveiled new plans to rollout ultra-fast charging hubs across the UK. The rollout included charging hubs of 6-12 chargers as well as e-forecourts with up to 24 ultra-fast 300 kW charge points along with on-site solar PV and battery storage systems. The e-forecourt will have both retail and convenience facilities for drivers.

Level 3 is projected as the most lucrative segment

In France, companies are focusing on installation of fast and ultra-fast electric vehicle charging stations across the country, which fuels the growth of the market. For instance, in 2021, Allego Holding B.V., a subsidiary of Meridiam, and GreenYellow, a subsidiary of Casino Group, have announced the commissioning of the first terminals in a major network of fast and ultra-fast charging stations for electric vehicles in France. This partnership provides consumers access to infrastructure that will aid to meet the increasing demand for electric mobility. The project will install more than 250 charging stations in France across 36 Casino Group hypermarket sites located on high-density roads, motorways and in active shopping areas.

Some leading companies profiled in the electric vehicle charging station market report comprises ABB Ltd., Aerovironment Inc., Borgwarner, Inc., Delta Electronics, Inc., Eaton Corporation Plc, General Electric Company, Moser Services Group, LLC, Plugless Power Inc., Robert Bosch GmbH, Schneider Electric, Siemens AG, and Webasto Group. The leading companies are adopting strategies such as product launch and partnerships to strengthen market position. For instance, in August 2022, Siemens and MAHLE entered into a collaboration ensure full interoperability between vehicles and the charging infrastructure.

Growth in production of electric vehicles

There has been a significant increase in the demand and production of electric vehicles in the recent years as electric vehicles have several advantages over fuel-powered automobiles. Components such as fan belts, oil, air filters, head caskets, timing belts, cylinder heads, and spark plugs do not require replacement, which in return makes it cheaper and efficient for fuel-powered automobiles. This makes electric vehicle a preferred choice, which in turn restraints the fuel-powered automobile markets. Thus, growth in production of electric vehicles boosts the growth of the electric vehicle charging station market.

Commercial is projected as the most lucrative segment

Rise in adoption of electric vehicles owing to government initiatives

Governments of various countries are taking initiatives to reduce carbon footprints by encouraging use of electric bikes, electric vehicles, and bicycles, owing to increase in awareness toward hazardous effects of using vehicles running on fossil fuels. Moreover, governments across the globe are putting pressure on vehicle manufacturers to reduce carbon emissions caused by diesel fuel combustion and tackle greenhouse gas emissions, in turn, pushing them to invest in developing electric vehicles.

In addition, governments across the globe are supporting purchase of electric mobility, in terms of tax credits and incentives. Moreover, central governments of few countries are providing exemption from highway toll tax for electric vehicles. For instance, for faster adoption of electric vehicles, the government of India plans to lower the Goods & Service Tax (GST) on e-vehicles from 12% to 5%.

Moreover, around $2,101.5 tax exemptions will be given on loan taken for purchase of an e-mobility. Similarly, the government of South Korea has announced that it will be providing $900 million tax exemptions and subsidies for development and purchase of electric and fuel cell vehicles. Thus, increase in government support for development and purchase of electric mobility, in terms of tax credits, subsidies and incentives, is one of the major factors that propel demand for electric vehicles. Thus, rise in adoption of electric vehicles owing to government initiatives is driving the growth of the electric vehicle charging station industry during the forecast period.

High cost of electric vehicle charging infrastructure

The cost of electric vehicle charging system depends and varies according to the consumer requirement and available electrical infrastructure. However, the cost required for charging systems with level 2 and above is higher in comparison with level 1 charging systems as it consists of costly equipment. In addition, the equipment used in these charging systems are expensive as they are typically publicly mounted and come with additional features such as payment processing system, LCD screen, and tracking system, which add up to the cost of these charging stations.

Lack of standardization of current EV charging infrastructure

Governments need to standardize charging infrastructure for the development of a favorable ecosystem and an increase in the sales of electric vehicles. Several countries use different standards for fast charging. Japan uses CHAdeMO; Europe, the U.S., and South Korea use CCS; and China uses GB/T. The Indian government has mandated the installation of both CHAdeMO and CCS methods since India has not reached standardization in fast charging methods. Though, this mandate increased the installation cost of charging stations, and hence, in 2019, the government changed the guidelines and allowed charging station developers to choose the method they prefer. The U.S.-based electric car maker Tesla uses high-performance superchargers that are unique to Tesla and cannot be used for other electric vehicles. Thus, lack of standardization across countries may impact the installation of charging stations and hamper the growth of the electric vehicle charging station market.

Europe would exhibit the highest CAGR of 33.1% during 2022-2031

The electric vehicle charging station market is segmented into Mode of charging, Charging level and End User.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric vehicle charging station market analysis from 2021 to 2031 to identify the prevailing electric vehicle charging station market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the electric vehicle charging station market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global electric vehicle charging station market trends, key players, market segments, application areas, and market growth strategies.

  Electric Vehicle Charging Station Market Report Highlights

USD 226.3 billion

CAGR of 30.5%

2021 - 2031

256

  (U.S., Canada, Mexico)   (Germany, France, UK, Italy, Rest Of Europe)   (China, Japan, India, South Korea, Rest Of Asia-Pacific)   (Latin America, Middle East, Africa)

Schneider Electric, PLUGLESS POWER INC., Aerovironment Inc., Moser Services Group, LLC, Siemens AG, Delta Electronics Inc., General Electric Company, Borgwarner Inc., Webasto Group, Robert Bosch GmbH, ABB Ltd., Eaton Corporation plc

Analyst Review

The global electric vehicle charging station market is expected to witness significant growth due to rise in adoption of electric vehicles owing to government initiatives.

The level 3 charging is anticipated to experience significant growth in the coming years. Level 3 charging technology is referred to as DC fast charging technology and charges through a 480V direct current (DC) outlet. Majority of the level 3 chargers provide an 80% of the charge in around 30 minutes. In addition, this type of charging is not compatible with all types of electric vehicles. Level 2 charging includes charging through a plug of 240 volt (V), alternating-current (AC) and requires installation of public charging or home charging equipment. This type of charging equipment is compatible with all the plug-in electric vehicles and electric vehicles. This type of charging system takes around 4-6 hours to fully charge a completely depleted battery.

Level 2 charging is generally utilized for daily electric vehicle charging. Level 2 charging equipment can be installed at home, at workplace as well as in public locations such as train stations, shopping plazas, and other locations. In addition, level 2 charging can replenish between 12-80 miles of range per hour, depending upon the power output of the level 2 charger.  

In order to gain a fair share of the market, major players adopted different strategies, for instance, partnership, acquisition, product launch, and contract. Among these, product launch is the leading strategy used by prominent players such as ABB Ltd., AeroVironment, Inc., BorgWarner Inc., and Delta Electronics, Inc.

  • Electric Vehicle
  • Electric Vehicle Batteries
  • Electric Vehicle Battery
  • Electric Vehicle Charger
  • Electric Vehicle Charging
  • Electric Vehicle Charging Cables
  • Electric Vehicle Charging Stations
  • Electric Vehicle Charging System
  • Ev Charging

The global electric vehicle charging station market was valued at $16.6 billion in 2021 and is projected to reach $226.2 billion in 2031, registering a CAGR of 30.5%.

The leading companies in the market include ABB Ltd., Aerovironment Inc., Borgwarner, Inc., Delta Electronics, Inc., Eaton Corporation Plc, General Electric Company, Moser Services Group, LLC, Plugless Power Inc., Robert Bosch GmbH, Schneider Electric, Siemens AG, and Webasto Group.

The largest regional market is Asia-Pacific

The leading application is residential.

The upcoming trends include greater development of level 3 charging stations and increase in adoption of wireless charging stations.

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Electric Vehicle Charging Station Market

Global Opportunity Analysis and Industry Forecast, 2022-2031

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  • Automotive and Transport /
  • Automotive /
  • Electric and Hybrid Vehicles /
  • Electric Vehicle Charging Station

Electric Vehicle Charging Infrastructure - Global Strategic Business Report- Product Image

Electric Vehicle Charging Infrastructure - Global Strategic Business Report

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  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5302723
  • Description

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Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Fast Electric Vehicle Charging Infrastructure segment, which is expected to reach US$203.7 Billion by 2030 with a CAGR of 29.6%. The Slow Electric Vehicle Charging Infrastructure segment is also set to grow at 34.3% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $18.9 Billion in 2023, and China, forecasted to grow at an impressive 30.8% CAGR to reach $67.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electric Vehicle Charging Infrastructure Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Vehicle Charging Infrastructure Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electric Vehicle Charging Infrastructure Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB, AeroVironment Inc., BP Chargemaster, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

  • AeroVironment Inc.
  • BP Chargemaster
  • ChargePoint, Inc.
  • ClipperCreek
  • General Electric Company
  • Leviton Manufacturing Co., Inc.
  • Schneider Electric
  • SemaConnect, Inc.
  • Tesla, Inc.

MarketGlass Platform

  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Electric Vehicle Charging Infrastructure - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Table 1: World Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Electric Vehicle Charging Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Electric Vehicle Charging Infrastructure by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Fast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Fast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Fast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Slow by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Slow by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Slow by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for CHAdeMO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for CHAdeMO by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for CHAdeMO by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for CCS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for CCS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for CCS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other Connectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Other Connectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Other Connectors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • Table 25: World Electric Vehicle Charging Infrastructure Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 26: USA Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: USA Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: USA 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 29: USA Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: USA Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: USA 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 32: USA Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: USA Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: USA 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Table 35: Canada Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Canada Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Canada 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 38: Canada Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: Canada Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: Canada 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 41: Canada Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: Canada Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 43: Canada 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 44: Japan Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: Japan Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Japan 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 47: Japan Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: Japan Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Japan 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 50: Japan Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: Japan Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 52: Japan 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 53: China Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 54: China Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 55: China 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 56: China Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 57: China Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 58: China 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 59: China Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 60: China Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 61: China 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 62: Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 63: Europe Historic Review for Electric Vehicle Charging Infrastructure by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 64: Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 65: Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 66: Europe Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 67: Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 68: Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 69: Europe Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 70: Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 71: Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 72: Europe Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 73: Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 74: France Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 75: France Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 76: France 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 77: France Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 78: France Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 79: France 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 80: France Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 81: France Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 82: France 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 83: Germany Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 84: Germany Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 85: Germany 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 86: Germany Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 87: Germany Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 88: Germany 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 89: Germany Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 90: Germany Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 91: Germany 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Table 92: Italy Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 93: Italy Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 94: Italy 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 95: Italy Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 96: Italy Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 97: Italy 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 98: Italy Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 99: Italy Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 100: Italy 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 101: UK Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 102: UK Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 103: UK 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 104: UK Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 105: UK Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 106: UK 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 107: UK Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 108: UK Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 109: UK 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Table 110: Rest of Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 111: Rest of Europe Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 112: Rest of Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 113: Rest of Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 114: Rest of Europe Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 115: Rest of Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 116: Rest of Europe Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 117: Rest of Europe Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 118: Rest of Europe 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030
  • Electric Vehicle Charging Infrastructure Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 119: Asia-Pacific Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 120: Asia-Pacific Historic Review for Electric Vehicle Charging Infrastructure by Charger Type - Fast and Slow Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 121: Asia-Pacific 16-Year Perspective for Electric Vehicle Charging Infrastructure by Charger Type - Percentage Breakdown of Value Sales for Fast and Slow for the Years 2014, 2024 & 2030
  • Table 122: Asia-Pacific Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 123: Asia-Pacific Historic Review for Electric Vehicle Charging Infrastructure by Connector - CHAdeMO, CCS and Other Connectors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 124: Asia-Pacific 16-Year Perspective for Electric Vehicle Charging Infrastructure by Connector - Percentage Breakdown of Value Sales for CHAdeMO, CCS and Other Connectors for the Years 2014, 2024 & 2030
  • Table 125: Asia-Pacific Recent Past, Current & Future Analysis for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 126: Asia-Pacific Historic Review for Electric Vehicle Charging Infrastructure by Application - Commercial and Residential Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 127: Asia-Pacific 16-Year Perspective for Electric Vehicle Charging Infrastructure by Application - Percentage Breakdown of Value Sales for Commercial and Residential for the Years 2014, 2024 & 2030

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Table Information

Report AttributeDetails
No. of Pages93
PublishedMay 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD in 2023 $ 58.5 Billion
Forecasted Market Value ( USD by 2030 $ 403.2 Billion
Compound Annual Growth Rate31.8%
Regions CoveredGlobal
  • Electric Vehicle Charging
  • Electric Vehicles

Electric Vehicle Charging Station Market Report by Charging Station Type, Vehicle Type, Installation Type, Charging Level, Connector Type, Application, and Region 2024-2032 - Product Image

Electric Vehicle Charging Station Market Report by Charging Station Type, Vehicle Type, Installation Type, Charging Level, Connector Type, Application, and Region 2024-2032

  •  Report

Global Electric Vehicle Charging Connector Market Size, Share & Industry Trends Analysis Report By End User, By Type, By Charging Speed (Slow and Fast), By Charging Level (Level 3, Level 2 and Level 1), By Regional Outlook and Forecast, 2023 - 2030 - Product Image

Global Electric Vehicle Charging Connector Market Size, Share & Industry Trends Analysis Report By End User, By Type, By Charging Speed (Slow and Fast), By Charging Level (Level 3, Level 2 and Level 1), By Regional Outlook and Forecast, 2023 - 2030

Electric Vehicle Charging Infrastructure Global Market Report 2024 - Product Image

Electric Vehicle Charging Infrastructure Global Market Report 2024

Electric Vehicle Charging Station Global Market Opportunities and Strategies to 2032 - Product Image

Electric Vehicle Charging Station Global Market Opportunities and Strategies to 2032

  • January 2024

EV Charging Connector Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031 - Product Image

Global Electric Vehicle Charging Stations Market - Industry Trends and Forecast to 2031

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Market Size in USD Billion

CAGR :  35.74 %

2024–2031
USD 22.94 Billion
USD 264.40 Billion
%

Major Markets Players

  • ChargePoint

Global Electric Vehicle Charging Stations Market, By Charging Stations (AC Charging/ Normal Charging Station, DC Charging/ Super Charging Station, and Others), Charger Type (Portable Charger, and Fixed Charger), Charging Type (Off Board Top Down Pantograph, On Board Bottom Up Pantograph, and Charging Via Connector), Charging Services (EV Charging Services, and Battery Swapping Service), Mode Of Charging (Plug In Charging, and Wireless Charging), Connectivity Type (Non-Connected Charging Stations, Smart Connected Charging Stations, Pantograph, Connectors, Combined Charging Systems, Chademo, and Others), Charging Infrastructure (Normal Charging, Type 2, CCS, Tesla SC, and GB/T Fast), Vehicle Type (Passengers Cars, Commercial Cars, Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicles (PHEV), Two Wheelers and Scooters, Hybrid Electric Vehicles (HEV)), Installation Type (Individual Houses, Commercial, Apartments, and Others), Connecting Phase (Single Phase, and Three Phase), Technology (Level 1, Level 2, and Level 3), Operations (Mode 1, Mode 2, Mode 3, and Mode 4), Components (Hardware, Software, and Services), Application (Public, Semi-Public, and Private), End User (Residential and Commercial)- Industry Trends and Forecast to 2031.

Electric Vehicle Charging Stations Market

Electric Vehicle Charging Stations Market Analysis and Size

The electric vehicle charging stations market is witnessing remarkable advancement, catalyzing the shift to sustainable transportation. This progress brings myriad benefits, including enhanced infrastructure reliability, faster charging times, and expanded accessibility. As technology evolves, stakeholders explore innovative solutions to optimize convenience and efficiency, driving widespread adoption of electric vehicles and supporting environmental sustainability.

For instance, In October 2022, Ather Energy introduced its 580th public fast charging point, Ather Grid, across 56 Indian cities. Expanding its presence, the company aims to reach 1400 grids by FY23, with 60% located in tier-II and tier-III cities, bolstering electric vehicle infrastructure nationwide.

The global electric vehicle charging stations market size was valued at USD 22.94 billion in 2023 is projected to reach USD 264.40 billion by 2031, with a CAGR of 35.74% during the forecast period 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Charging Stations (AC Charging/ Normal Charging Station, DC Charging/ Super Charging Station, and Others), Charger Type (Portable Charger, and Fixed Charger), Charging Type (Off Board Top Down Pantograph, On Board Bottom Up Pantograph, and Charging Via Connector), Charging Services (EV Charging Services, and Battery Swapping Service), Mode Of Charging (Plug In Charging, and Wireless Charging), Connectivity Type (Non-Connected Charging Stations, Smart Connected Charging Stations, Pantograph, Connectors, Combined Charging Systems, Chademo, and Others), Charging Infrastructure (Normal Charging, Type 2, CCS, Tesla SC, and GB/T Fast), Vehicle Type (Passengers Cars, Commercial Cars, Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicles (PHEV), Two Wheelers and Scooters, Hybrid Electric Vehicles (HEV)), Installation Type (Individual Houses, Commercial, Apartments, and Others), Connecting Phase (Single Phase, and Three Phase), Technology (Level 1, Level 2, and Level 3), Operations (Mode 1, Mode 2, Mode 3, and Mode 4), Components (Hardware, Software, and Services), Application (Public, Semi-Public, and Private), End User (Residential and Commercial)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

ABB (Switzerland), ChargePoint, Inc. (U.S.), Tesla (U.S.), BYD Motors Inc. (China), BP p.l.c. (U.K.), Webasto Group (Germany), Schneider Electric (France), Blink Charging Co. (U.S.), Renault Group  (France), Phihong USA Corp. (U.S.), EV Safe Charge Inc (U.S.), Eaton (Ireland), Tata Power. (India), SemaConnect, Inc. (U.S.), Mercedes-Benz Group AG. (Germany), Siemens (Germany), EVgo Services LLC (U.S.), Engie SA (France), TotalEnergies (France), and Enphase Energy (U.S.)

Market Opportunities

Market Definition

Electric vehicle charging stations are infrastructure nodes designed to recharge electric vehicles. They typically offer various levels of charging, including slow, fast, and rapid charging options. These stations play a crucial role in supporting the widespread adoption of electric vehicles by providing convenient locations for drivers to recharge their vehicles' batteries, promoting sustainable transportation.

Electric Vehicle Charging Stations Market Dynamics

  • Increasing Adoption of Electric Vehicles (EVs)

The global surge in electric vehicle (EV) adoption, driven by environmental consciousness, government incentives, and technological advancements, fuels the demand for charging infrastructure. For instance, Norway's EV adoption surpasses 60%, prompting substantial investments in charging stations to accommodate the growing fleet. This highlights the direct correlation between EV uptake and the need for charging infrastructure expansion.

  • Government Support and Regulations

Governments globally are incentivizing the adoption of electric vehicle (EV) and the development of charging infrastructure. For instance, Norway offers tax exemptions, reduced tolls, and free parking for EVs, driving significant EV market penetration. In addition, China mandates automakers to produce a certain percentage of electric or plug-in hybrid vehicles annually, fostering EV development and charging infrastructure growth.

Opportunities

  • Electric Vehicle Fleet Adoption

The rise of electric vehicles in commercial fleets such as taxis, delivery services, and ride-sharing companies fuels the demand for customized charging infrastructure. Fleet operators, such as UPS deploying electric delivery vans, invest in charging stations to meet their electrification targets, enhance operational efficiency, and cut down on fuel expenses, driving the growth of the charging infrastructure market. 

  • Consumer Demand for Convenience

Consumer demand for convenience is driving the proliferation of charging stations in easily reachable spots such as shopping centers, parking lots, and residential complexes. This trend reflects the growing need for accessible charging infrastructure to accommodate the rising adoption of electric vehicles. For instance, major retailers such as Walmart and Target are increasingly installing EV charging stations in their parking lots, offering shoppers the convenience of charging their vehicles while they shop, thereby alleviating range anxiety and promoting EV adoption.

Restraints/Challenges

  • High Cost of Installing Charging Stations in Remote Areas 

Establishing charging stations in remote areas proves costly due to inadequate infrastructure. Developing and underdeveloped regions often lack the necessary electrical supply, leading to escalated installation expenses. This hampers growth since uninterrupted power is crucial for charging stations to operate effectively. Overcoming these challenges is essential for expanding the reach of electric vehicle infrastructure in such areas.

  • Limited Range of EVs and Time Taking while Charging

Limited range and prolonged charging times erode confidence in electric vehicles, especially in developing countries. Interruptions in charging sessions disrupt user activities, while concerns over insufficient range deter widespread adoption. These challenges present formidable obstacles to the global market's expansion, necessitating solutions to enhance infrastructure and alleviate range anxiety, thereby fostering greater acceptance and utilization of electric vehicles worldwide.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In November 2022, Shell Deutschland GmbH, a Shell subsidiary, finalized the acquisition of SBRS GmbH from Schaltbau Holding AG. This strategic move enhances Shell's expertise in electric bus and truck charging, bolstering its portfolio of low-carbon solutions for commercial road transport and fleet customers
  • In October 2022, Mobilize and Renault dealerships launched Mobilize Fast Charge, an ultrafast charging network. Most stations will be conveniently situated at Renault dealerships, less than a 5-minute drive from highway exits, facilitating convenient and rapid charging for electric vehicle owners
  • In October 2022, Erisha E Mobility, a Rana Group subsidiary, unveiled the E-Superior Electric Cargo Loader, E-Supreme Electric Delivery Van, and E-Smart Electric Passenger Vehicle three-wheeler auto in the L5 category, alongside the introduction of EV charging stations
  • In September 2022, The Delhi Government and MapmyIndia Mappls inked a memorandum of understanding to develop a web application facilitating the effective placement of EV charging stations. This tool aims to support the citywide deployment of accessible and interconnected EV charging infrastructure

Electric Vehicle Charging Stations Market Scope

The market is segmented on the basis of charging stations, charger type, charging type, charging services, mode of charging, connectivity type, charging infrastructure, vehicle type, installation type, connecting phase, technology, operations, components, applications, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Charging Stations

  • AC Charging/ Normal Charging Station
  • DC Charging/ Super Charging Station

  Charger Type

  • Portable Charger
  • Fixed Charger

 Charging Type

  • Off Board Top Down Pantograph
  • On Board Bottom Up Pantograph
  • Charging Via Connector

  Charging Services

  • EV Charging Services
  • Battery Swapping Service

  Mode Of Charging

  • Plug In Charging
  • Wireless Charging

  Connectivity Type

  • Non-Connected Charging Stations
  • Smart Connected Charging Stations
  • Combined Charging Systems

 Charging Infrastructure

  • Normal Charging

  Vehicle Type

  • Passengers Cars
  • Commercial Cars
  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicles (PHEV)
  • Two Wheelers and Scooters
  • Hybrid Electric Vehicles (HEV)

  Installation Type

  • Individual Houses

  Connecting Phase

  • Single Phase
  • Three Phase

 Technology

  Operations

 Components

  Application

  • Semi-Public

 End User

  • Residential

Electric Vehicle Charging Stations Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided, charging stations, charger type, charging type, charging services, mode of charging, connectivity type, charging infrastructure, vehicle type, installation type, connecting phase, technology, operations, components, applications, and end user as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

North America is expected to witness significant growth in the market, propelled by rising demand for EVs and a robust electronics sector epitomized by Tesla. The region offers ample market opportunities and an increasing need for high-quality charging infrastructure to support the expanding market.

Asia-Pacific is expected to dominate the market, leveraging robust industrialization, a significant presence of key industry players, favorable foreign policies, and surging demand for EVs. These factors converge to propel the region as a key driver of market growth and innovation.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Electric Vehicle Charging Stations Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • ABB (Switzerland)
  • ChargePoint, Inc. (U.S.)
  • Tesla (U.S.)
  • BYD Motors Inc. (China)
  • BP p.l.c. (U.K.)
  • Webasto Group (Germany)
  • Schneider Electric (France)
  • Blink Charging Co. (U.S.)
  • Renault Group  (France)
  • Phihong USA Corp. (U.S.)
  • EV Safe Charge Inc (U.S.)
  • Eaton (Ireland)
  • Tata Power (India)
  • SemaConnect, Inc. (U.S.)
  • Mercedes-Benz Group AG. (Germany)
  • Siemens (Germany)
  • EVgo Services LLC (U.S.)
  • Engie SA (France)
  • TotalEnergies(France)
  • Enphase Energy (U.S.)

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McKinsey Electric Vehicle Index: Europe cushions a global plunge in EV sales

McKinsey’s proprietary Electric Vehicle Index (EVI) assesses the dynamics of the e-mobility market in 15 key countries worldwide (for more information on the metrics evaluated, see sidebar “What is the Electric Vehicle Index?”). EVI results for 2019 and the first quarter of 2020 provide important insights about market growth, regional demand patterns, market share for major electric-vehicle (EV) manufacturers, and supply-chain trends.

About the authors

This article was written collaboratively by members of McKinsey’s Automotive and Assembly Practice: Thomas Gersdorf, Patrick Hertzke , Patrick Schaufuss, and Stephanie Schenk.

Growth in the electric-vehicle market has slowed

EV sales rose 65 percent from 2017 to 2018 (Exhibit 1). But in 2019, the number of units sold increased only to 2.3 million, from 2.1 million, for year-on-year growth of just 9 percent. Equally sobering, EV sales declined by 25 percent during the first quarter of 2020. The days of rapid expansion have ceased—or at least paused temporarily. Overall, Europe has seen the strongest growth in EVs.

What is the Electric Vehicle Index?

McKinsey’s proprietary Electric Vehicle Index (EVI) focuses on battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Since we created the EVI, several years ago, it has given organizations in the automotive, mobility, and energy sectors a detailed view of the electric-vehicle (EV) market, while highlighting potential future trends.

The EVI explores two important dimensions of electric mobility:

  • Market demand analyzes the share of EVs in the overall market, as well as factors affecting EV penetration in each country, such as incentives (for instance, subsidies), existing infrastructure, and the range of available EVs.
  • Industry supply explores the share of a country’s OEMs in the production of EVs and EV components, such as e-motors and batteries, looking at both current and projected numbers.

Although these developments are disappointing, they largely reflect the decline of the overall light-vehicle market, which fell by 5 percent in 2019 and by an additional 29 percent in first-quarter 2020. Despite the overall drop in sales, global EV market penetration increased by 0.3 percentage points from 2018 to 2019, for a total share of 2.5 percent. With additional growth in the first quarter of 2020, EV penetration is now at 2.8 percent.

To gain different perspectives on the EV industry’s growth and other topics, we interviewed various McKinsey experts (see sidebar, “Expert views on the electric-vehicle sector’s future development”). The remainder of this section explores regional market variations.

Expert views on the electric-vehicle sector’s future development

How will the global electric-vehicle (EV) market develop over the short to mid term? Many uncertainties persist, so we asked some McKinsey experts about their views on pressing issues.

China’s declining EV sales, resulting from the government’s subsidy cuts, raise concerns about the sustainability of customer demand in the country. How will sales develop, especially considering the COVID-19 crisis, and what is the government’s strategy to achieve its 25 percent sales target for new-energy vehicles (NEVs) by 2025?

Ting Wu (partner, Shenzhen): NEVs are still a top priority for the Chinese government and take center stage in its postcoronavirus stimulus plan. The government recently decided to extend NEV subsidies by two years, to the end of 2022. In addition, RMB 10 billion ($1.4 billion) will be invested to expand the charging network for electric vehicles (EVs) this year. Overall, increased government purchases will probably drive the market. Nevertheless, achieving the 25 percent target by 2025 will be a challenge and probably require additional policy instruments and new business models to spur sufficient consumer demand.

Automakers are relying on EVs to achieve Europe’s upcoming carbon-dioxide emissions limits for 2020 and 2021. Although we have seen strong dynamics across countries, will the industry sell enough EVs to avoid looming penalty payments, and what might be the impact of the COVID-19 crisis?

Patrick Schaufuss (associate partner, Munich): OEMs have invested more than €30 billion in EVs over the past two years to meet Europe’s upcoming carbon-dioxide regulations. OEMs plan to make a spot landing on the targets. Every gram these companies miss costs the industry about €1.5 billion, but overachieving would tighten their 2030 targets.

In the first quarter of 2020, we saw increased momentum on the consumer side for buying EVs, despite the COVID-19 pandemic. Other signs also suggest that the momentum of EVs will be sustained in Europe—for instance, the creation of additional purchase incentives, the timely creation of EV standard operating procedures, and an infrastructure rollout.

Given the recent loosening of the US federal emissions regulations, how will the trajectory of the US market and the EV strategies of traditional automakers evolve over the coming years?

Russel Hensley (partner, Detroit): Vehicle electrification strategies will remain relatively consistent, despite the uncertainty about current regulations and the ensuing debate between federal and state policy makers. While some automakers may have cut or delayed their EV programs, domestic OEMs must continue their efforts to enhance the average fuel economy of their new fleets, given the large share of light trucks, SUVs, and compact utility vehicles.

Many automakers use plug-in hybrid electric vehicles (PHEVs) as a bridge to a fully electric future. How will this technology develop?

Ruth Heuss (senior partner, Berlin): Over the past few years, sales of plug-in hybrid electric vehicles have been growing more slowly than sales of pure battery electric vehicles (BEVs). PHEVs represented less than a third of the global EV market in 2019. While most automakers offer them, the number of available models will remain less than half of the number of BEV models over the coming years. Although a higher driving range is one of the major advantages of PHEVs, the electric range of BEVs has been constantly increasing: it rose by 55 percent from 2017 to 2020 and is now around 400 km. Given typical driving behavior, PHEVs recently started to face regulatory headwinds as their environmental impact raised concerns. In reaction, some countries have reduced or entirely abolished monetary subsidies for PHEVs, further increasing their already higher price point for consumers. In 2019, among the key EV markets, PHEVs dominated EV sales in only three countries: Finland, Iceland, and Sweden. We therefore currently forecast that PHEVs will represent only 5 to 10 percent of the global market by 2030. That could fall even further as emissions regulations are increasingly based on real consumption.

We hear very little about hydrogen–fuel-cell EVs, except for a few models from Japanese and South Korean manufacturers. Will the technology contribute to green mobility in the future, and if so, will it emerge first in the passenger or light commercial-vehicle segment?

Anna Orthofer (associate partner, Vienna): There is actually quite some noise around hydrogen  on the commercial-vehicle front. Most large OEMs have teamed up to work on the technology—for example, Daimler and Volvo, Toyota and Traton, and Honda and Isuzu. New players, such as Nikola and Hyzon, are entering the market, and Chinese companies are moving fast. The big suppliers are following by building a comprehensive system offering in fuel cells.

Overall, we see fewer and fewer OEMs that do not think about hydrogen as a necessary part of their powertrain portfolios. In light of carbon-dioxide regulation for trucks (such as the European Union’s “–30 percent by 2030” target), each ton in weight and each kilometer in range will improve total costs of ownership for fuel cells relative to batteries. For long-haul trucks, our models show that fuel-cell electric vehicles can break even with battery electric vehicles within the next five years. They will also achieve lower total costs of ownership than diesel before 2030.

Markets such as China, Sweden, and the United Kingdom have reacted strongly to EV-incentive changes. Yet customer demand—independent of government subsidies—remains a major concern in the industry. Who is currently buying EVs, and what is required to scale up the market?

Timo Möller (partner, Cologne): Early adopters of BEVs appear to constitute a specific segment of consumers, best described as tech-savvy urban people with above-average incomes and a familiarity with online shopping. Beyond first movers, consideration of EVs has significantly increased among consumers over the past few years as they have come to recognize the numerous benefits of EVs. To scale up the market, OEMs should thus systematically try to affirm the consumers’ growing positive attitudes about many aspects of EVs, such as the driving experience and subsidies. OEMs should also disprove consumer fears, such as range anxiety, that do not reflect reality and solve pressing pragmatic problems, such as the availability of charging stations.

Shifting portfolios from internal-combustion engines (ICEs) to EVs is a major challenge for traditional automakers, especially considering profitability. What is the current view of profits for EVs sold today? Will falling costs and rising consumer demand overcome the need for government support, and how can OEMs share the pain?

Patrick Hertzke (partner, London): Shifting the vehicle portfolio from ICE to PHEV/BEV—a change driven by regulation and shifting consumer demand—is now a paramount focus for traditional automakers. Many of them are concerned about profitability. The majority of EV models are still unprofitable, but this is changing. At-scale EV producers will have a clear cost advantage in the near term, while other OEMs are more likely to seek partnerships to co-develop EV platforms or even fully merge. EV growth across transport sectors also remains one of the most critical levers in global efforts to reduce carbon-dioxide emissions and improve urban air quality. EV supply chains will get even greener over time with the expansion of renewables and the recycling and reuse of batteries. COVID-19 and the related economic crisis will raise the stakes further as the world seeks cleaner transport solutions but could require governments to continue their subsidies and penalties as well. They may also need to add other measures, such as green early-scrappage programs, which encourage consumers to swap older cars for EVs.

Inspired by the ambitious EV strategies of automakers, battery-cell suppliers are ramping up their capacities. What are the key trends and challenges for the battery supply chain?

Markus Wilthaner (associate partner, Vienna): The uptake of EVs has supercharged industrialization and expansion in the industry. Battery-cell makers have an outsize growth opportunity in front of them. By revenue, they could become some of the largest automotive suppliers globally. This opportunity comes with huge challenges and trade-offs. They need to ramp up production capacities fast, while remaining disciplined about capital expenditures. Battery-cell makers must also stabilize production processes and achieve very high yields, while constantly pursuing product innovations. Every year, they must reduce costs to deliver on long-term contracts and remain competitive, while simultaneously seeking new business models and opportunities for differentiation. Finally these suppliers must solve challenges related to sustainability by turning the whole battery value chain, from mining to recycling, into a sustainable and responsible industry.

Demand for battery cells is expected to increase at least fourfold over the next five years, and cell chemistry is moving to nickel-rich cathodes. What are the developments and challenges on the battery raw-materials side?

Ken Hoffman (expert, New Jersey): There are three main challenges for the battery raw-materials supply stream. First, will the industry produce the quality of the nickel, lithium, and cobalt necessary? Second, will it produce the extremely specific quality needed? Third, can this production meet the ever more stringent environmental, social, and governance requirements imposed by regulators?

What will enable a truly sustainable form of electric mobility in the future? Where does the industry stand on sourcing raw materials sustainably, green electricity, and battery recycling? Is awareness of these challenges increasing?

Hauke Engel (partner, Frankfurt): The journey to truly sustainable electric mobility has only begun. The industry has made great progress increasing the number of available hybrid and fully electric-vehicle models, and costs keep coming down. Now the industry must work hard to drive down the cost of batteries and to achieve end-to-end sustainability—from truly sustainable raw-materials supplies (such as zero-carbon steel) to circular-economy principles in vehicle design. I’m excited to see OEMs increasingly starting to recognize and embrace these challenges. The scale and complexity of the problems may seem daunting, and solving them will require imagination, determination, and new forms of collaboration. Failure is not an option. We must simultaneously solve the climate challenge and secure the prosperity of our automotive industries and the people they employ.

EV market trends vary by region

Key EV markets suggest shifting regional dynamics, with China and the United States losing ground to Europe. EV sales remained constant in China in 2019, at around 1.2 million units sold (a 3 percent increase from the previous year). In the United States, EV sales dropped by 12 percent in 2019, with only 320,000 units sold. Meanwhile, sales in Europe rose by 44 percent, to reach 590,000 units. These trends continued in first-quarter 2020 as EV sales decreased from the previous quarter by 57 percent in China and by 33 percent in the United States. In contrast, Europe’s EV market increased by 25 percent.

Key EV markets suggest shifting regional dynamics, with China and the United States losing ground to Europe.

The relatively slow 2019 growth of China’s EV market reflects both an overall decline in the light-vehicle market and significant cuts in EV subsidies. The central government, for example, eliminated purchase subsidies for vehicles that achieve electric ranges (e-ranges) of less than 200 kilometers and reduced subsidies by 67 percent for battery electric vehicles (BEVs) with e-ranges above 400 kilometers. These cutbacks reflect the government’s strategy of scaling back monetary incentives for new-energy vehicles (NEVs) and transitioning to nonmonetary forms of support. Since 2019, OEMs have received credits for each NEV produced. The credits take into consideration factors such as the type of vehicle, as well as its maximum speed, energy consumption, weight, and range. Regulators base credit targets for each OEM on its total production of passenger cars. If a manufacturer does not reach the target, it must purchase credits from competitors that have a surplus or pay financial penalties.

In first-quarter 2020, China was heavily affected by the COVID-19 pandemic . EV sales dropped by 57 percent from the fourth quarter of 2019 as consumer demand declined sharply. Several EV manufacturers were also forced to halt production. In response, the central government extended through 2022 (though at reduced rates) monetary incentives that were about to expire. The government also prolonged the purchase-tax exemptions of NEVs through 2022. These measures, together with the government’s recent decision to invest billions of renminbi in the charging infrastructure  as part of an economic-stimulus program, could help EV sales rebound in 2020.

The United States

EV sales rose by 80 percent in the United States in 2018, driven by the market launch of the standard version of the Tesla Model 3. The increase slowed in 2019 because of several developments. With Tesla’s overseas deliveries increasing and the gradual phaseout of the federal tax credit in January and July 2019, the brand’s US sales for that year declined 7 percent, or 12,400 units. Meanwhile, the Chevrolet Volt was phased out, and its sales fell by 14,000 units. Sales of the Honda Clarity also decreased by 8,000 units.

Some international OEMs did successfully launch new models in the United States in 2019, including Audi (the e-tron) and Hyundai (the Kona). Sales of VW’s e-Golf also increased. These three brands accounted for more than 24,500 units of EV sales, but their strong performance could not offset the decline of other models. US sales of EVs decreased further in first-quarter 2020, by 33 percent from the previous quarter.

The federal government’s recent moves to loosen regulations could further decelerate the EV market in the United States. In March 2020, for instance, the government revised fuel-economy standards, to a 2026 target of 40 miles per gallon (mpg), from 54 mpg. Today’s low oil prices are also contributing to the EV slowdown, since they significantly lower the total cost of ownership for vehicles powered by internal-combustion engines (as compared with EVs). These changes are creating great uncertainty, and the US EV market’s development could depend largely on the number of states adopting California’s Zero-Emission Vehicle Program and on the vicissitudes of oil prices.

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Unlike other key EV markets, Europe has seen significant EV growth. In 2019, sales increased by 44 percent, the highest rate since 2016. The European Union’s new emissions standard—95 grams of carbon dioxide per kilometer for passenger cars—could also boost EV sales because it stipulates that 95 percent of the fleet must meet this standard in 2020 and 100 percent in 2021. BEV sales picked up speed substantially, with a 70 percent growth rate propelled by three models: the Tesla Model 3, Hyundai Kona, and Audi e-tron.

Purchase subsidies juice EV sales

As recent developments in China and Europe show, government subsidies remain a major driver of electric-vehicle (EV) sales. In 2019, several countries changed these incentive schemes in ways that show how sensitive customers are to price adjustments. For instance, the EV market in China declined by 31 percent in the second half of the year after the government cut subsidies. In the United Kingdom, sales of plug-in hybrid electric vehicles (PHEVs) fell by 15 percent after the government stopped subsidies for hybrids. Government subsidies also play an important role in increasing growth. When Germany reduced the company-car tax in January 2019, it promoted a surge in EV sales later that year. Similarly, the strong 2019 showing of the EV market in the Netherlands occurred partly because consumers wanted to purchase vehicles before the benefit-in-kind tax rate increased in 2020.

As first-quarter 2020 figures show, the EV markets in several European countries could accelerate this year because of recently increased incentives:

  • France revised its bonus–malus (reward–penalty) scheme, based on carbon-dioxide emissions. Companies must meet new requirements to receive the environmental bonus for low-emitting vehicles and face a drastic increase in the environmental penalty for high-emitting ones.
  • Germany extended tax incentives for electric company cars through the end of 2030. It has also increased purchase-price subsidies for EVs and will continue them until the end of 2021.
  • Sweden implemented a bonus–malus system in 2018. A January 2020 amendment for test procedures to determine the carbon-dioxide emissions of vehicles will benefit PHEVs.

While government subsidies obviously have a strong influence on the development of the EV market, future growth may depend largely on the extent to which the COVID-19 pandemic hits EV markets in the short term.

EV sales increased by double-digit percentages in 2019 in almost every European country. Sales in some smaller markets, such as Estonia, Iceland, and Slovakia, declined in absolute terms. EV sales in Germany and the Netherlands contributed nearly half—44 percent—of overall EV-market growth in Europe; in both countries, units sold increased by about 40,000 units. Those numbers translate into a 2018 growth rate of 55 percent for Germany and 144 percent for the Netherlands. In both countries, these strong EV sales resulted from increased demand  for new models, the availability of existing models with larger battery sizes, and changed government incentives (for more information on the power of incentives, see sidebar “Purchase subsidies juice EV sales.”)

In the first quarter of 2020, European EV sales rose as the overall EV penetration rate increased to 7.5 percent. With the exception of Hong Kong, all of the top ten markets for EV penetration were in Europe (Exhibit 2). The strong regulatory tailwinds and high purchase incentives in several European countries could dampen the impact of the COVID-19 pandemic and further boost the EV market. That said, EV sales will probably face tougher impediments in second-quarter 2020, when the pandemic’s impact on Europe’s countries and economies should peak. So far, no European OEM has changed its plans to roll out EV models, and several countries are discussing additional purchase incentives as part of their economic-stimulus programs.

Electric-vehicle makers are debuting new models and boosting sales of existing ones

Automakers launched 143 new electric vehicles—105 BEVs and 38 plug-in hybrid electric vehicles (PHEVs)—in 2019. They plan to introduce around 450 additional models by 2022 (Exhibit 3). Most are midsize or large vehicles. Given the estimated production levels, German manufacturers, with an expected volume of 856,000 EVs, could overtake Chinese players in 2020. That would boost Germany’s global production share from 18 percent in 2019 to 27 percent in 2020.

New emissions regulations in Europe and China, which will come into force between 2020 and 2021, partly explain why EV-model launches have increased significantly. These regulations pose major challenges for automakers, since they will face potential penalties of up to several billion euros unless they increase their EV penetration rates significantly.

Among EV manufacturers, Tesla continued as market leader in 2019, with 370,000 units sold globally, for a market share of about 16 percent, up from 12 percent in 2018 (Exhibit 4). The launch of the Model 3 outside of the United States was the main reason for this surge. With 300,000 units sold worldwide, the Model 3 outpaced sales of the BJEV EU-series threefold and sales of Nissan Leaf fourfold.

At the brand level, most Chinese EV manufacturers faced declining sales, while demand was high for the EV offerings of some international OEMs.

The supply chain is localizing

With announced launches of new EV models spiking, both automakers and suppliers are increasing their global footprints in target markets by localizing the production of vehicles and components. For example, Tesla began construction of its Shanghai plant in January 2019 and delivered the first locally produced EV that December. The company plans to build its next production plant in Germany by 2021. Similarly, Volkswagen and Toyota have announced plans to set up EV plants in China.

In a similar development, battery-cell manufacturers are increasing their production capacities in target markets. The total lithium-ion–battery market for EV passenger cars grew by 17 percent, to 117 gigawatt-hours in 2019, enough to power 2.4 million standard BEVs. Most of the new capacity will be established in Central Europe, with companies preparing to meet demand throughout the region. Company announcements suggest that the global market should expand to about 1,000 gigawatt-hours by 2025. The Chinese battery maker CATL had the largest market share in 2019, at 28 percent, while its absolute capacity grew by 39 percent. CATL has recently continued its global expansion, signing new contracts with several international OEMs and setting up a factory in Germany.

Three surprising resource implications from the rise of electric vehicles

Three surprising resource implications from the rise of electric vehicles

South Korean manufacturers are trying to catch up with large-scale investments in new overseas production plants. SK Innovation, for example, announced it would invest an additional €5 billion in its planned US factory, while LG Chem is investing $2.3 billion in a joint venture (JV) with General Motors in the United States.

Overall, JVs are becoming a popular collaboration model in the battery industry, with an increasing number of partnerships announced in 2019. This trend mainly reflects the fact that JVs enable automakers to lock in enough capacity to reach their ambitious sales and production targets. Automakers also prefer multisourcing strategies involving a number of cell makers. Even Tesla, which used to rely solely on cells from Panasonic, signed new contracts with CATL and LG Chem for the Chinese market in 2019.

The EV market has grown quickly, but the dynamics vary by region. In key markets, the transition from ICEs to electric powertrains reached a tipping point in 2019, fueled by more stringent emissions regulations, access restrictions in cities, advancing EV technologies that lengthen driving ranges and cut prices, and the expansion of the charging network. The same forces will further expand uptake over the coming years, but their evolution will vary by market.

To win, automakers and suppliers must develop a detailed view of what’s happening in each market by monitoring the regulatory environment, customer preferences, infrastructure development, and the moves of competitors—especially new entrants, including start-ups from outside the industry. Companies that match customer demand with suitable EV models and catch regulatory tailwinds may secure the most promising pockets of growth going forward.

Thomas Gersdorf is a consultant in McKinsey’s Munich office, where Patrick Schaufuss is an associate partner and Stephanie Schenk is an expert; Patrick Hertzke is a partner in the London office.

This article was edited by Eileen Hannigan, a senior editor in McKinsey’s Waltham, Massachusetts, office.

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Three surprising resource implications from the rise of electric vehicles

Home > Automotive > Mobility > Electric Vehicles > U.S. Electric Vehicle (EV) Market

U.S. Electric Vehicle (EV) Market Size - By Vehicle Type (Two-wheelers, Passenger Cars, Commercial), By Battery Type (Sealed Lead Acid, Nickel Metal Hydride, Lithium Ion), Propulsion Type, Price Range, Drive Type, Range, Forecast 2023 – 2032

  • Report ID: GMI6444
  • Published Date: Aug 2023
  • Report Format: PDF
  • U.S. Electric Vehicle Market Size

U.S. Electric Vehicle Market size was valued at USD 49.1 billion in 2022 and is anticipated to register a CAGR of over 15.5% between 2023 and 2032. Driven by rising need for efficient & eco-friendly vehicles. The adoption of commercial EVs in public transportation to reduce environmental pollution will further bolster the market development.  

U.S. Electric Vehicle Market

Companies, associations, and government agencies are seeking ways to reduce their carbon footprint by complying with stringent emission regulations. Electric Vehicles (EVs), particularly those powered by electric or alternative fuels, offer greener & more eco-friendly transportation solutions. By adopting these vehicles, businesses can demonstrate their commitment to sustainability and gain a competitive edge in the market.

U.S. Electric Vehicle Market Report Attributes
Report Attribute Details
Base Year:2022
U.S. Electric Vehicle Market Size in 2022:USD 49.1 Billion
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:15%
2032 Value Projection:USD 215.7 Billion
Historical Data for:2018 to 2022
No. of Pages:220
Tables, Charts & Figures:856
Segments covered:Propulsion Type, Vehicle Type, Drive Type, Battery Type, Range, Price Range, End Use
Growth Drivers:
Pitfalls & Challenges:

The high purchasing cost of electrical vehicles and investments in setting up charging infrastructure are major concerns hindering the U.S. electric vehicle market growth. Electric vehicles have huge benefits; however, there are several concerns regarding battery charging time, driving range on a full charge, and many more, which have been diminishing through continuous R&D by manufacturers over the past five years.  

COVID-19 Impact

During the COVID-19 pandemic period, the U.S. market showcased minimal growth in EV sales. The initial phase of the pandemic disrupted existing production and even the suspension of supply chain operations. This hampered the production capacity expansion along with the shortage of semiconductors for automobiles. Despite such measures, the U.S. recorded a slight increase in EV sales compared to the previous year 2019. This factor showcases that buying behavior for electric vehicles was not impacted. As the pandemic started easing, the sales and supply chain of the U.S. EV business witnessed growth at a moderate speed.  

  • U.S. Electric Vehicle Market Trends

U.S. EVs majorly leverage on battery type and propulsion type. These are the major factors that impact the buying behavior of customers as they affect emission ratios and the battery life of vehicles. The efficiency and dependency on fossil fuel will reduce by respective PHEV, HEV & FCEV types of electric vehicles. In addition, EVs emit lesser amounts of toxic gases when compared to IC engine vehicles. This has prompted various U.S. public transportation agencies, such as Sound Transit and Maryland Transit Administration, to expand their usage of electric vehicles for public transportation.  

  • U.S. Electric Vehicle Market Analysis

U.S. Electric Vehicle (EV) Market Size, By Propulsion, 2021 – 2032, (USD Billion)

The battery electric vehicle segment held a major share of the U.S. electric vehicle market in 2022. BEVs are associated with zero emissions as they operate completely on battery, thereby reducing air pollution. This type of vehicle has fewer moving parts and encounters lower operating costs with zero noise pollution. However, they can be charged at home using standard electrical outlets or dedicated charging stations, thus eliminating the need for visiting gas stations. The fuel cell electric vehicle market size is predicted to surpass USD 30 billion by 2032, propelled by the rising adoption of electric vehicles globally.  

U.S. Electric Vehicle (EV) Market Share, By Vehicle, 2022, (%)

The passenger cars segment captured around 84% share of the U.S. electric vehicle market in 2022. The ever-increasing demand for faster, more efficient, and more reliable vehicles is propelling the two-wheelers segment growth. For instance, in December 2022, the National Association of City Transportation Officials (NACTO), an agency to exchange transportation ideas between transit agencies and 96 major cities of North America, reported that e-bikes are booming due to the rising demand for micro-mobility systems and are providing crucial options for essential workers. Similarly, the U.S. has been the second-largest e-commerce market, and this has increased the demand for last-mile delivery solutions.  

California Electric Vehicle (EV) Market Size, 2021-2032 ( USD Billion)

The California EV market generated USD 18.2 billion revenue in revenue in 2022. California has the presence of cultural & technological hubs, such as Los Angeles and San Francisco, where new trends & technologies are often adopted quickly. Moreover, gasoline prices in the state are often higher than in other states, and thus the adoption of EVs is appealing in terms of cost-saving benefits. In addition, the California Ambient Air Quality Standards (CAAQS) has formulated stringent rules and standards compared to the national standards. This has made Californians tend to be more environmentally conscious and consider buying electric vehicles.  

  • U.S. Electric Vehicle Market Share

Major companies operating in the U.S. electric vehicle market are:

  • General Motors
  • Kia Corporation
  • Renault Group
  • Ford Motor Company
  • Honda Motor
  • Daimler Truck AG
  • Isuzu Commercial Truck of America, Inc.
  • Giant Trek Bicycle Corporation
  • Scott Sports SA
  • Alta Cycling Group
  • Electric Bike Company
  •  Rad Power Bikes Inc

. These major companies are emphasizing strategic partnerships, launching new products, and making significant investments in research to drive market expansion. Their primary goal is to introduce innovative products and generate substantial market revenue through effective commercialization efforts.  

U.S. EV Industry News:

  • In February 2023, the U.S. Federal Register of the National Archives and Records Administration (NARA) established regulations to set minimum standards for the construction of publicly accessible Electric Vehicle (EV) chargers. These regulations will enhance the installation, operation, and maintenance of EV charging infrastructures. Furthermore, this move will support the usage of electric vehicles across the country by offering better electric charging infrastructures.  
  • In March 2022, Volkswagen Group of America invested USD 7.1 million to diversify its electric vehicle product portfolio in North America. This investment will help the company to expand its EV portfolio by adding 25 new BEVs in the U.S. by 2030 and this addition is expected to double the market share of the company.  

This U.S. EV market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) and shipment (Units) from 2018 to 2032 , for the following segments: Click here to Buy Section of this Report

By Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Fuel Cell Electric Vehicle (FCEV)

By Vehicle Type

  • Motorcycles

By Drive Type

  • Front-wheel Drive
  • Rear-wheel Drive
  • All-wheel Drive

By Battery Type

  • Sealed Lead Acid
  • Nickel Metal Hydride (NiMH)
  • Lithium Ion
  • Less than 100 km
  • 100 km-200 km
  • 200 km to 300 km
  • Above 300 km

By Price Range

  • Below USD 10,000
  • USD 10,000 to USD 30,000
  • USD 30,000 to USD 50,000
  • Above USD 50,000

The above information is provided for the following states:

  • Mississippi
  • North Carolina
  • North Dakota
  • Pennsylvania
  • South Carolina
  • South Dakota
  • West Virginia

Click here to buy sections of this report

Frequently Asked Questions (FAQ) :

How big is the u.s. electric vehicle market, how are passenger cars driving the u.s. electric vehicle market, what is the value of california electric vehicle market, which are the leading electric vehicle firms in the u.s., u.s. electric vehicle market scope, premium report details.

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 856
  • Countries covered: 1

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Trends and developments in electric vehicle markets

  • Electric Vehicles Initiative
  • Electric Vehicles Initiative campaigns

Trends and developments in electric light-duty vehicles

Trends and developments in electric heavy-duty vehicles, private sector commitment and other electrification trends, deployment of vehicle-charging infrastructure.

  • Are we entering the era of the electric vehicle?
  • Policies affecting the electric light-duty vehicle market
  • Policies affecting the electric heavy-duty vehicle market
  • Outlook for electric mobility
  • Charging infrastructure
  • Implications for electric mobility
  • References for figures

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IEA (2021), Global EV Outlook 2021 , IEA, Paris https://www.iea.org/reports/global-ev-outlook-2021, Licence: CC BY 4.0

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More than 10 million electric cars were on the world’s roads in 2020 with battery electric models driving the expansion, global electric passenger car stock, 2010-2020, electric car registrations increased in major markets in 2020 despite the covid pandemic, global electric car registrations and market share, 2015-2020, electric car registrations and market share in north-western european region, 2015-2020, electric car registrations and market share in selected countries, 2015-2020, electric cars had a record year in 2020, with europe overtaking china as the biggest market.

After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. China, with 4.5 million electric cars, has the largest fleet, though in 2020 Europe had the largest annual increase to reach 3.2 million.

Overall the global market for all types of cars was significantly affected by the economic repercussions of the Covid-19 pandemic. The first part of 2020 saw new car registrations drop about one-third from the preceding year. This was partially offset by stronger activity in the second-half, resulting in a 16% drop overall year-on-year. Notably, with conventional and overall new car registrations falling, global electric car sales share rose 70% to a record 4.6% in 2020.

About 3 million new electric cars were registered in 2020. For the first time, Europe led with 1.4 million new registrations. China followed with 1.2 million registrations and the United States registered 295 000 new electric cars.

Numerous factors contributed to increased electric car registrations in 2020. Notably, electric cars are gradually becoming more competitive in some countries on a total cost of ownership basis. Several governments provided or extended fiscal incentives that buffered electric car purchases from the downturn in car markets. 

Overall Europe’s car market contracted 22% in 2020. Yet, new electric car registrations more than doubled to 1.4 million representing a sales share of 10%. In the large markets, Germany registered 395 000 new electric cars and France registered 185 000.  The United Kingdom more than doubled registrations to reach 176 000. Electric cars in Norway reached a record high sales share of 75%, up about one-third from 2019. Sales shares of electric cars exceeded 50% in Iceland, 30% in Sweden and reached 25% in the Netherlands. 

This surge in electric car registrations in Europe despite the economic slump reflect two policy measures. First, 2020 was the target year for the European Union’s CO 2 emissions standards that limit the average carbon dioxide (CO 2 ) emissions per kilometre driven for new cars. Second, many European governments increased subsidy schemes for EVs as part of stimulus packages to counter the effects of the pandemic.

In European countries, BEV registrations accounted for 54% of electric car registrations in 2020, continuing to exceed those of plug-in hybrid electric vehicles (PHEVs). However, the BEV registration level doubled from the previous year while the PHEV level thripled. The share of BEVs was particularly high in the Netherlands (82% of all electric car registrations), Norway (73%), United Kingdom (62%) and France (60%).

The overall car market in China was impacted by the panademic less than other regions. Total new car registrations were down about 9%.

Registration of new electric cars was lower than the overall car market in the first-half of 2020. This trend reversed in the second-half as China constrained the panademic. The result was a sales share of 5.7%, up from 4.8% in 2019. BEVs were about 80% of new electric cars registered.  

Key policy actions muted the incentives for the electric car market in China. Purchase subsidies were initially due to expire at the end of 2020, but following signals that they would be phased out more gradually prior to the pandemic, by April 2020 and in the midst of the pandemic, they were instead cut by 10% and exended through 2022. Reflecting economic concerns related to the pandemic, several cities relaxed car licence policies , allowing for more internal combustion engines vehicles to be registered to support local car industries. 

United States

The US car market declined 23% in 2020, though electric car registrations fell less than the overall market. In 2020, 295 000 new electric cars were registered, of which about 78% were BEVs, down from 327 000 in 2019. Their sales share nudged up to 2%. Federal incentives decreased in 2020 due to the federal tax credits for Tesla and General Motors, which account for the majority of electric car registrations, reaching their limit .

Other countries

Electric car markets in other countries were resilent in 2020. For example, in Canada the new car market shrunk 21% while new electric car registrations were broadly unchanged from the previous year at 51 000.

New Zealand is a notable exception. In spite of its strong pandemic response, it saw a decline of 22% in new electric car registrations in 2020, in line with a car market decline of 21%. The decline seems to be largely related to exceptionally low EV registrations in April 2020 when New Zealand was in lockdown.

Another exception is Japan, where the overall new car market contracted 11% from the 2019 level while electric car registrations declined 25% in 2020. The electric car market in Japan has fallen in absolute and relative terms every year since 2017, when it peaked at 54 000 registrations and a 1% sales share. In 2020, there were 29 000 registrations and a 0.6% sales share.

Consumer spending on EVs continues to rise, while government support stabilises

Consumer spending

Consumers spent USD 120 billion on electric car purchases in 2020, a 50% increase from 2019, which breaks down to a 41% increase in sales and a 6% rise in average prices. The rise in average prices reflects that Europe, where prices are higher on average than in Asia, accounted for a bigger proportion of new electric car registrations. In 2020, the global average BEV price was around USD 40 000 and around USD 50 000 for a PHEV.

Government spending

Governments across the world spent USD 14 billion on direct purchase incentives and tax deductions for electric cars in 2020, a 25% rise year-on-year. Despite this, the share of government incentives in total spending on EVs has been on a downward slide from roughly 20% in 2015 to 10% in 2020.

All the increase in government spending was in Europe, where many countries responded to the pandemic -induced economic downturn with incentive schemes that boosted electric car sales. In China, government spending decreased as the eligibility requirements for incentive programmes tightened.

An important novelty in subsidy schemes was the introduction of price caps in Europe and China , i.e. no subsidy given for vehicles with prices above a certain threshold. This might be responsible for average electric car price falling in Europe and China: BEV cars sold in China were 3% cheaper in 2020 than in 2019, while PHEV cars in Europe were 8% cheaper.

Consumer and government spending on electric cars, 2015-2020

More electric car models are available; ranges start to plateau, electric car models available globally and average range, 2015-2020, electric car models available by region, 2020, automakers entice customers with a wide menu including electric suv models.

Worldwide about 370 electric car models were available in 2020, a 40% increase from 2019. China has the widest offering, reflecting its  less consolidated automotive sector and that it is the world’s largest EV market. But in 2020 the biggest increase in number of models was in Europe where it  more than doubled.

BEV models are offered in most vehicle segments in all regions; PHEVs are skewed towards larger vehicle segments. Sport utility vehicle (SUV) models account for half of the available electric car models in all markets. China has nearly twice as many electric car models available as the European Union, which has more than twice as many electric models as the United States. This difference can partially be explained by the comparatively lower maturity of the US EV market, reflecting its weaker regulations and incentives at the national level.

The average driving range of new BEVs has been steadily increasing. In 2020, the weighted average range for a new battery electric car was about 350 kilometres (km), up from 200 km in 2015.The weighted average range of electric cars in the United States tends to be higher than in China because of a bigger share of small urban electric cars in China.The average electric range of PHEVs has remained relatively constant about 50 km over the past few years.

The widest variety of models and the biggest expansion in 2020 was in the SUV segment. More than 55% of announced models worldwide are SUVs and pick-ups. Original equipment manufacturers (OEMs) may be moving to electrify this segment for the following reasons:

  • SUVs are the fastest growing market segment in Europe and China, and by far the largest market share in the United States.
  • SUVs command higher prices and generally offer higher profit margins than smaller vehicles. This means OEMs find it easier to bear the extra costs of electrification for SUVs since the powertrain accounts for a smaller share of the total cost compared with a small car.
  • Electrifying the heaviest and most fuel consuming vehicles goes further toward meeting emissions targets than electrifying a small car.
  • In Europe, the ZLEV credit scheme in the most recent CO 2 emissions standards offers strong incentives for selling electric SUVs from 2025, as it relaxes emissions standards in proportion to their potential to reduce specific CO 2 emissions. In fact, in Europe, the share of electric SUV models is higher than for the overall market.

China leads in electric LCV sales with Europe not far behind and Korea entering the market

Global electric light-commercial vehicle (LCV) stock numbers about 435 000 units. About a third of these are in Europe where new electric LCV registrations in 2020 were only 5% below those in China, which is the world leader.

Electric LCV registrations in China in 2020 were 3 400 units below the previous year and slightly less than half of the peak in 2018. The bulk of the electric LCV registrations are BEVs, with PHEVs accounting for less than 10%.

In Europe, electric LCV registrations jumped almost 40% in 2020 from the prior year to exceed 37 000 units. Though that was less impressive than the more than doubling of electric car registrations. New EV registrations in Europe are being driven by economic stimulus packages and by CO 2 standards that limit emissions per kilometre driven. However, current standards for LCVs are not stringent enough to warrant large-scale electrification, as they do for passenger cars.

Registration of electric LCVs in 2020 in the rest of the world were about 19 000 units. Most of these were in Korea, reflecting the launch of two new BEV LCV models, but Canada also added to the stock of electric LCVs. Other markets around the world have yet to see much uptake of electric LCVs.

The explosion of home deliveries during the Covid-19 pandemic further boosted the electric LCV expansion in some countries. Increased deliveries raised concerns about air pollution , particularly in urban areas. In response, a number of companies announced  plans to electrify delivery fleets .

Electric LCVs registrations by region, 2015-2020

18 of the 20 largest oems have committed to increase the offer and sales of evs, original equipment manufacturer announcements related to electric light-duty vehicles.

Original equipment manufacturer announcements related to electric light-duty vehicles

BMW (2021); BJEV-BAIC (2021); BYD (2021); Chery (2021); Changan Automobile (2021); Daimler (2021); Dongfeng (2021); FAW (2021); Ford (2021); GAC; General Motors; Honda (2021); Hyundai (2020); Mazda (2021); Renault-Nissan (2019); Maruti Suzuki (2019); SAIC (2021); Stellantis (2021); Toyota (2021); Volkswagen (2021).

This table is based on the authors’ understanding of OEM announcements and may not be complete. It includes only announcements related to electric light-duty vehicles (PHEVs and BEVs) and it excludes announcements related to hybrid vehicles and those that do not provide a clear indication of the EV share.

Manufacturers’ electrification targets align with the IEA’s Sustainable Development Scenario

OEMs are expected to embrace electric mobility more widely in the 2020s. Notably 18 of the 20 largest OEMs (in terms of vehicles sold in 2020), which combined accounted for almost 90% of all worldwide new car registrations in 2020, have announced intentions to increase the number of available models and boost production of electric light-duty vehicles (LDVs).

A number of manufacturers have raised the bar to go beyond previous announcements related to EVs with an outlook beyond 2025. More than ten of the largest OEMs worldwide have declared electrification targets for 2030 and beyond.

Significantly, some OEMs plan to reconfigure their product lines to produce only electric vehicles. In the first-trimester of 2021 these announcements included: Volvo will only sell electric cars from 2030 ; Ford will only electric car sales in Europe from 2030 ; General Motors plans to offer only electric LDVs by 2035 ; Volkswagen aims for 70% electric car sales in Europe, and 50% in China and the United States by 2030 ; and Stellantis aims for 70% electric cars sales in Europe and 35% in the United States .

Overall, the announcements by the OEMs translate to estimated cumulative sales of electric LDVs of 55-72 million by 2025. In the short term (2021-2022), the estimated cumulative sales align closely with the electric LDV projections in the IEA’s Stated Policies Scenario . By 2025, the estimated cumulative sales based on the OEMs announcements are aligned with the trajectories of IEA Sustainable Development Scenario. 

OEMs’ announcements compared to electric LDVs stock projections, 2021-2025

Electric bus and truck registrations expanded in major markets in 2020.

Electric bus and electric heavy-duty truck (HDT) registrations increased in 2020 in China, Europe and North America. The global electric bus stock was 600 000 in 2020 and the electric HDT stock was 31 000.

Bus registrations

China continues to dominate the electric bus market , with registration of 78 000 new vehicles in 2020, up 9% on the year to reach a sales share of 27%. Local policies to curb air pollution are the driving force.

Electric bus registrations in Europe were 2 100, an increase of around 7%, well below the doubling in registrations seen in 2019. Electric buses now make up 4% of all new bus registrations in Europe. It is too early to see the effect of the non-binding European Clean Bus Deployment Initiative and demand may be still largely driven by muncipal level policies.

In North America, there were 580 new electric bus registrations in 2020, down almost 15% from the prior year. In the United States, electric bus deployment primarly reflects polices in California, which is the location of most of the current e-bus stock. In South America, Chile leads the way registering 400 electric buses in 2020 for a total stock of more than 800. India increased electric bus registrations 34% to 600 in 2020.

Heavy-duty truck registrations

Global electric HDT registrations were 7 400 in 2020, up 10% on the previous year. The global stock of electric HDTs numbers 31 000. China continues to dominate the category, with 6 700 new registrations in 2020, up 10% though much lower than the fourfold increase in 2019. Electric HDT registrations in Europe rose 23% to about 450 vehicles and in the United States increased to 240 vehicles. Electric trucks are still below 1% of sales in both. 

Electric truck registrations by region, 2015-2020

Electric bus registrations by region, 2015-2020, electric heavy-duty vehicle models are broadening.

The availability of electric heavy-duty vehicles (HDVs) models is expanding in leading global markets. 1 Buses were the earliest and most successful case of electrification in the HDV market, but the growing demand for electric trucks is pushing manufacturers to broaden product lines. Nevertheless, model availability is not the only indicator of a healthy market – fewer total models may reflect the reliability and broad applicability of existing designs, whereas more diversity of models may reflect the need to tailor products for specific needs and operations.

The growth in electric model availability from 2020 to 2023 across segments – bus, medium freight truck (MFT), heavy freight truck (HFT) and others – demonstrates manufacturers’ commitments to electrification. Truck makers such as Daimler , MAN , Renault , Scania and Volvo have indicated they see an all-electric future. The broadening range of available zero-emission HDVs, particularly in the HFT segment, demonstrates the commitment to provide fleets the flexibility to meet operational needs.

The HDV segment includes a wide variety of vehicle types, e.g. from long-haul freight to garbage collection trucks. China has the most variety in available electric bus models. The availablity of MFT models is broadest in the United States. For HFTs – the segment where the EV model offer is expected to the grow the most – Europe offers the widest selection of models.

Number of electric HDVs models available by segment and year, 2020-2023

Types of zero-emission hdvs expand, and driving range lengthens, current and announced zero emission hdv models by segment, release year and powertrain in major markets, 2020-2023.

Current And Announced Zero Emission Hdv Models By Segment Release Year And Powertrain In Major Markets 2020 2023

IEA analysis based on the Global Drive to Zero ZETI tool.

Data are derived from CALSTART’s Zero-Emission Technology Inventory. Although the inventory is continuously updated, this snapshot may be not fully comprehensive due to new model announcements and small manufacturers not yet captured in the inventory. The term zero-emission vehicle includes BEVs, PHEVs and FCEVs. Other includes garbage, bucket, concrete mixer, mobile commercial and street sweeper trucks. Years after 2021 include announced models.

Private sector demand for zero-emission commercial vehicles amplifies market signals for OEMs to develop EVs

Global

2020

Orders 100 000 BEV light-commercial vehicles from start-up company Rivian. Amazon aims to be net-zero emissions by 2040.

United States

2019

Orders up to 800 hydrogen fuel cell Nikola heavy-duty trucks.

Global

2019

Delivery of mail and parcels by EVs in the medium term and net-zero emissions logistics by 2050.

Global

2018

Transition to an all zero-emission vehicle fleet and carbon neutral operations by 2040.

Mobility Association

Switzerland

2019

19 of Switzerland's largest retailers invest in Hyundai hydrogen trucking services that will deploy up to 1 600 heavy-duty zero-emission trucks.

(IKEA)

Global

2018

Zero-emission deliveries in leading cities by 2020 and in all cities by 2025.

Japan

2019

Electrify 1 200 mail and parcel delivery vans by 2021 and net-zero emissions logistics by 2050.

China

2017

Replace entire vehicle fleet (> 10 000) with New Energy Vehicles by 2022.

China

2018

Launch nearly 10 000 BEV logistics vehicles.

China

2018

Independent retailer’s Qingcheng Plan will deploy 5 000 new energy logistics vehicles.

North America

2019

Order 10 000 BEV light-commercial vehicles with potential for a second order.

Multinational

2018

Walmart, Pepsi, Anheuser-Busch, FedEx, Sysco and other large multinational corporations
pre-order 2 000 Tesla Semi models within six months of truck's debut.

United States

2020

Electrify the whole vehicle fleet by 2040.

Notes: Based on authors understanding of private sector announcements and may not be comprehensive. Sources: Amazon (2020); Anheuser-Busch (2019); DHL Group (2019); FedEx (2021); H2 Mobility Association (2019); Ingka Group (2018); Japan Post (2019); JD (2017); SF Express (2018); Suning (2018); UPS (2019); Various companies (2017) (2020) and Walmart (2020).

Climate Group’s EV100 Initiative update on private sector commitments

Despite a turbulent year, major companies around the world are accelerating the transition to electric mobility by shifting fleets to electric vehicles and installing charging stations.

The Climate Group’s EV100 Initiative brings together over 100 companies in 80 markets committed to making electric transport the new normal by 2030. This equates to 4.8 million vehicles switched to EVs and chargers installed in 6 500 locations by 2030.

Collectively, by 2020 EV100 members had already deployed 169 000 zero-emission vehicles, double the previous year. Even though companies identify commercial vans and heavy-duty vehicles as the most difficult EVs to find, the number of commercial electric vehicles rose 23% in 2020, including a threefold increase in electric trucks.

EV100 members are also expanding the availability of charging infrastructure for staff and customers, with 16 900 charging points installed at 2 100 locations worldwide. Over half of EV100 members are using renewables to power all their charging operations.

Significant barriers to EV adoption remain. EV100 members reported the lack of charging infrastructure as the top barrier (especially in the United States and United Kingdom). Lack of availability of appropriate vehicle types was also highlighted by the companies as a persistant obstacle. The purchase price of EVs remains an important hurdle despite many companies acknowledge the significant cost savings over the lifetime of a vehicle due to lower fuel and maintenance costs.

To help overcome these barriers, 71% of EV100 members support more favourable EV procurement tax benefits and 70% favour more supportive policies at state, regional and city government levels. Sixty percent of the member companies support government targets to phase out petrol and diesel vehicles.

Top 5 barriers to EV adoption reported by EV100 member companies

Battery demand lagged ev sales in 2020; europe sees highest rise in demand.

Automotive lithium-ion (Li-Ion) battery production was 160 gigawatt-hours (GWh) in 2020, up 33% from 2019. The increase reflects a 41% increase in electric car registrations and a constant average battery capacity of 55 kilowatt-hours (kWh) for BEVs and 14 kWh for PHEVs. Battery demand for other transport modes increased 10%. Battery production continues to be dominated by China, which accounts for over 70% of global battery cell production capacity.

China accounted for the largest share of battery demand at almost 80 GWh in 2020, while Europe had the largest percentage increase at 110% to reach 52 GWh. Demand in the United States was stable at 19 GWh.

Nickel-manganese-cobalt continues to be the dominant chemistry for Li-ion batteries, with around 71% sales share and nickel-cobalt-aluminium accounting for most of the rest. Lithium-iron-phosphate battery chemistry has regained sales share but is still under 4% for the electric car market.

According to the BNEF’s yearly survey of battery prices, the weighted average cost of automotive batteries declined 13% in 2020 from 2019, reaching USD 137/kWh at a pack level. Lower prices are offered for high volume purchases, confirmed by teardown analysis of a VW ID3 showing an estimated cost of USD 100/kWh for its battery cells.

In Europe, demand for batteries in 2020 exceeded domestic production capacity. Today Europe’s main battery factories are located in Poland and Hungary. Production capacity is roughly 35 GWh per year, but announced capacity could yield up to 400 GWh by 2025 . Momentum was evident in 2020 in Europe with many new battery plants announced or under construction with support from the European Investment Bank . In the United States, both Korean and domestic battery manufacturers have signalled large investments in a market currently dominated by a Tesla-Panasonic joint venture.

Battery demand by region, 2015-2020

Battery demand by mode, 2015-2020, pandemic spreads popularity of electric micromobility.

Electric micromobility surged in the second-half of 2020, one of the consumer trends that accelerated during the Covid-19 pandemic, further boosted by the construction of bike lanes and other measures to promote mobility. Sales of private e-bikes in the United States more than doubled in 2020, outpacing sales of all bikes which were up an already healthy 65%.

Many shared micromobility operators reduced or suspended services during the height of the second-quarter 2020 Covid-19 lockdowns. But as confinements were eased, services rebounded strongly, with 270 cities worldwide relaunching operations . As of February 2021, around 650 cities have shared micromobility services. In Europe, e-scooter services have increased rapidly, with more than 100 cities adding operations since July 2020.

Preliminary data from operators indicate average trip distances on e-scooters have increased by around 25% relative to before the pandemic . Operators are increasingly offering more powerful e-bikes with plans to expand into electric mopeds , which could further displace longer trips currently completed by car or public transit.

Several major operators are introducing swappable batteries to improve operational efficiency and reduce emissions. Although the use of swappable batteries increases the number of total batteries needed to support a fleet, it can significantly reduce operational emissions and enable longer lifetime of vehicles.

Privately owned electric two/three-wheelers (which include motorised vehicles such as motorcycles and mopeds but exclude micromobility solutions) are concentrated in Asia, with China accounting for 99% of registrations. The global stock of electric two/three-wheelers is now around 290 million. Electric two/three-wheelers account for one-third of all two/three-wheeler sales. While current sales are dominated by Asia, the market is growing rapidly in Europe, rising by 30% in 2020, benefitting from wider model availability and continued incentives.

Availability of dockless shared micromobility services in Europe and Central Asia, 2019-2021

Korea takes a lead in deploying fuel cell electric vehicles.

Fuel cell electric vehicles (FCEVs) are zero-emission vehicles that convert hydrogen stored on-board using a fuel cell to power an electric motor. FCEV cars became commercially available in 2014, though registrations remain three orders of magnitude lower than EVs as hydrogen refuelling stations (HRS) are not widely available and unlike EVs cannot be charged at home. Few commercial FCEV models are available and with high fuel cost and purchase prices result in a higher total cost of ownership than EVs.

To address the chicken-and-egg problem for FCEVs a number of goverments have funded the construction of HRS and have deployed public buses and trucks, such as garbage trucks, to provide a certain level of station utilisation. Today, there are approximately 540 HRS globally that provide fuel for almost 35 000 FCEVs. Approximately three-quarters of the FCEVs are LDVs, 15% are buses and 10% are trucks.

In 2020, Korea took the lead in FCEVs, surpassing the United States and China, to reach more than 10 000 vehicles. To support these FCEVs, the number of HRS in Korea increased by 50%, with 18 new stations in 2020. FCEVs in China are almost exclusively buses and trucks, unlike most other countries where cars are dominant. China accounts for 94% of global fuel cell buses and 99% of fuel cell trucks.

In 2020, the global FCEV stock increased 40%, with Korea contributing half and doubling its total FCEV stock. Japan and China increased the number of HRS, each opening about 25 stations in 2020. Worldwide the number of HRS increased 15%. 

Fuel cell vehicles and hydrogen refueling station stock by region, 2020

Fuel cell electric vehicles stock by region and by mode, 2020, publicly accessible slow and fast chargers increased to 1.3 million in 2020, stock of slow public electric light duty vehicles chargers, 2015-2020, stock of fast public electric light duty vehicles chargers, 2015-2020, installation of publicly accessible chargers expanded sevenfold in the last five years; covid-19 muted the pace in 2020 while china still leads.

While most charging of EVs is done at home and work, roll-out of publicly accessible charging will be critical as countries leading in EV deployment enter a stage where simpler and improved autonomy will be demanded by EV owners. Publicly accessible chargers reached 1.3 million units in 2020, of which 30% are fast chargers. Installation of publicly accessible chargers was up 45%, a slower pace than the 85% in 2019, likely because work was interrupted in key markets due to the pandemic. China leads the world in availability of both slow and fast publicly accessible chargers.

Slow chargers

The pace of slow charger (charging power below 22 kW) installations in China in 2020 increased by 65% to about 500 000 publicly accessible slow chargers. This represents more than half of the world’s stock of slow chargers.

Europe is second with around 250 000 slow chargers, with installtions increasing one-third in 2020. The Netherlands leads in Europe with more than 63 000 slow chargers. Sweden, Finland and Iceland doubled their stock of slow chargers in 2020.

Installation of slow chargers in the United States increased 28% in 2020 from the prior year to total 82 000. The number of slow chargers installed in Korea rose 45% in 2020 to 54 000, putting it in second place.

Fast chargers

The pace of fast charger (charging power more than 22 kW) installations in China in 2020 increased by 44% to almost 310 000 fast chargers, slower than the 93% pace of annual growth in 2019. The relatively high number of publically available fast chargers in China is to compensate for a paucity of private charging options and to facilitate achievement of goals for rapid EV deployment.

In Europe, fast chargers are being rolled out at a higher rate than slow ones. There are now more than 38 000 public fast chargers, up 55% in 2020, including nearly 7 500 in Germany, 6 200 in the United Kingdom, 4 000 in France and 2 000 in the Netherlands. The United States counts 17 000 fast chargers, of which nearly 60% are Tesla superchargers. Korea has 9 800 fast chargers.

Publicly accessible fast chargers facilitate longer journeys. As they are increasingly deployed, they will enable longer trips and encourage late adopters without access to private charging to purchase an electric vehicle.

Most countries in Europe did not achieve 2020 AFID targets for publicly accessible chargers

European countries for the most part failed to meet the recommended electric vehicle supply equipment (EVSE) per EV 2020 targets for publicly accessible chargers set by the Alternative Fuel Infrastructure Directive (AFID). However, there are wide disparities between countries.

AFID, the key policy regulating the deployment of public electric EVSE in the European Union, recommended that member states aim for 1 public charger per 10 EVs, a ratio of 0.1 in 2020.

In the European Union, the average public EVSE per EV ratio was 0.09 at the end of 2020. But that is not the whole story. The Netherlands and Italy are above the target at 0.22 and 0.13 respectively, with almost all being slow chargers, though fast chargers are 3% of the installations in the Netherlands and 9% in Italy.

Countries with the highest EV penetration tend to have the lowest EVSE per EV ratios, such as Norway (0.03), Iceland (0.03) and Denmark (0.05). In these sparsely populated countries with many detached houses and private parking spaces, most EV owners can largely use private home charging . To a lesser extent, it also refects that the Nordic countries have a higher proportion of fast chargers, with shares of 40% in Iceland, 31% in Norway and 17% in Denmark. 

Ratio of public chargers per EV stock by country, 2020

Planning needs to start now for megachargers to enable long-distance trucking.

The roll-out of public charging infrastructure has so far mostly focused on serving electric light-duty vehicles. The electrification of heavy freight trucks (HFTs) is a longer term endeavour, with less than 40 electric HFTs on the road in 2020.

HFTs require batteries with high capacity to meet their needs for heavy-duty cycles and long-range operations, and consequently they require high power charging. So far charging options for HFTs have tended to be early stage demonstrations, proof-of-concept activities and efforts to faciliate standardisation .   

Megachargers of 1 megawatt (MW) or more would be capable of charging trucks operating over long distances reasonably quickly. Long-term planning for megacharger infastructure is needed now to avoid negative impacts on the electrical grid. Some impact to grids is inevitable given the high power requirements of megachargers. Significant investment may be needed for grid reinforcements, modernisation, storage and integration with power systems. Planning and co-ordination among electricity generators, distribution system operators and megacharging operations are needed.

Some efforts are underway to develop standards for megachargers. Working jointly, the CHAdeMO association and the China Electricity Council have developed an ultra-high power charging standard (up to 900 kW), called ChaoJi. A version up to 1.8 MW, called Ultra ChaoJi, is under development. In parallel, the CharIN initiative established a task force called the Megawatt Charging System Taskforce which aims to develop a new high power standard above 1 MW by 2023 for charging heavy-duty trucks, based on the combined charging system (CCS) standard . Prototype testing started in September 2020 . Tesla announced in late 2020 that it is working with third-parties to develop a standard for megachargers that can be provided to Semi truck owners. Tesla is one of five to have submitted a design to CharIN.

Industry experts addressing international standardisation are evaluating avenues to harmonise megacharger standards for mutual compatibility, in order to facilitate the roll-out of electric HFTs.

There are also regional efforts to develop megacharging infrastructure. Underpinned with stimulus funding , Iberdrola, a Spanish multinational electric utility, has expressed interest in installing megacharger infrastructure in heavy-duty freight truck corridors in Spain by 2025. ElaadNL (EV knowledge centre of Dutch grid operators), along with local and national government entities, in September 2021 launched an open-access test centre for companies and academia that offers test facilities for megachargers. In the United States, the West Coast Clean Transit Corridor Initiative aims to install charging sites capable of charging HDTs at 2 MW along key transit corridors from Mexico to the boder with Canada by 2030.

Electric HDVs data are derived from the Global Drive to Zero’s Zero Emission Technology Inventory (ZETI) which is a regularly updated tool that offers a detailed glimpse of announced OEM production model timelines. ZETI data are meant to support fleet operators and policy makers and should not be construed as representative of the entire vehicle market.

Reference 1

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Electric Vehicle Charging Networks Market By Charging Station Types (Public Charging Stations, Home Charging Stations, Workplace Charging Stations); By Charging Power Levels (Level 1 Charging, Level 2 Charging, DC Fast Charging (Level 3)); By Business Models (Open Access Networks, Closed/Proprietary Networks); By Charging Network Operators (Independent Charging Operators (ICOs), Automaker-Owned Networks); By Charging Infrastructure Components (Charging Hardware, Charging Software); By Payment Models (Pay-Per-Use, Subscription Models, Freemium Models); By Smart Charging Solutions (Demand Response Integration, Grid Integration); By Charging Infrastructure Connectivity (Wi-Fi and Cellular Connectivity, IoT Integration); By Innovative Charging Solutions (Wireless Charging, Robotically Assisted Charging, Ultra-Fast Charging); By Battery Swapping Stations (Battery Swap Infrastructure); By Energy Storage Integration (Battery storage); By Government Initiatives and Policies (Public Funding and Incentives, Regulatory Frameworks); By Region – Growth, Future Prospects & Competitive Analysis, 2023 – 2030

Price: $4999.

  • Table Of Content

Market Insights

  • The global demand for electric vehicle charging networks was valued at USD 12.5 million in 2022 and is expected to reach USD 269.59 million in 2030, growing at a CAGR of 46.80% between 2023 and 2030.
  • Public charging stations are the most significant charging station types. On the other hand, home charging stations are expected to grow at a strong CAGR.
  • The leading charging power level segment is DC fast charging (Level 3).
  • The CAGR for open-access networks is expected to be the highest during the projection period.
  • During the forecast time frame, the automaker-owned networks category will likely have the highest CAGR.
  • Charging hardware is estimated to have the greatest CAGR during the forecast period.
  • The pay-per-use segment will likely have the highest CAGR during the prediction period.
  • Grid integration represents the largest category of smart charging solutions.
  • The Wi-Fi and cellular connectivity segment will see the highest CAGR during the anticipated period.
  • The ultra-fast charging category is estimated to develop at a strong CAGR.
  • Over the anticipated timeframe, the battery swap infrastructure category is expected to expand at the fastest compound annual growth rate (CAGR).
  • Battery storage is the category with the highest compound annual growth rate (CAGR) over the predicted period.
  • Public funding and incentives are the segment with the highest CAGR during the forecast period.
  • Asia Pacific dominates the electric vehicle charging networks market.
  • Europe is expected to be the second-largest region in the market for electric vehicle charging networks.
  • North America is anticipated to grow fastest in the market for electric vehicle charging networks.
  • Several factors are driving the development of the market for electric vehicle charging networks, such as the government’s execution of strict regulations to reduce environmental pollution, the increasing acceptance of electric vehicles, and the increase in government initiatives to develop the infrastructure required for the market for electric vehicle charging networks.
  • As people demand more opulent, feature-rich cars and wireless charging for electric vehicles, the market for electric vehicle charging networks is expected to increase significantly.

Electric Vehicle Charging Networks Market

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CTA Design Element 3

Executive Summary

Market definition.

The industry that develops, implements, and oversees the infrastructure and services necessary for charging electric vehicles (EVs) is known as the electric vehicle charging networks market. To support the charging needs of these vehicles, a strong and extensive charging infrastructure is also required as the number of electric vehicles on the road rises. The market includes various parts and services to make electric vehicle charging easier, giving EV owners convenience and accessibility.

Market Overview

The electric vehicle charging networks industry has been growing significantly in recent years, and it is projected to grow at a CAGR of 46.80% between 2023 and 2030. The market was estimated to be worth USD 12.5 million in 2022, and it is anticipated to be worth USD 269.59 million in 2030.

The demand for EV charging infrastructure is anticipated to be significantly driven by government policies and incentives. All around the world, governments are taking various actions to encourage the establishment of charging infrastructure and the adoption of electric vehicles. For owners of EVs as well as charging station operators, these programs include grants, tax credits, financial incentives, and subsidies. By providing incentives and advantageous conditions, governments are intended to encourage private investment in charging infrastructure, culminating in its widespread availability and affordability.

A wide range of stakeholders, including governments, utility companies, automakers, charging station operators, and electric grid operators, must work together to establish a comprehensive EV charging infrastructure. To create an integrated and interoperable charging network, partnerships and cooperative efforts between these entities are therefore anticipated to be crucial in coordinating investments, sharing resources, and aligning interests. Partnerships can facilitate the installation of charging stations more quickly, guarantee uniform charging procedures, and maximize the utilization of infrastructure resources. Plug-in electric cars and the power grid exchange electrical energy in a vehicle-to-grid electric vehicle charging system. Vehicle-to-grid technology allows electric vehicles to store and release excess energy into the grid. This could enhance the electrical component’s functionality and raise its worth.

Segmentation by Charging Station Types

  • By charging station types, public charging stations are the market front-runner. Public charging stations are positioned thoughtfully throughout cities, parking lots, shopping malls, highways, and other busy areas. This accessibility which provides charging stations where people travel, shop, and work is crucial to reducing range anxiety and promoting the adoption of EVs.
  • The home charging stations category will exhibit a sizable CAGR during the projected period. As a convenient and easily accessible means for EV owners to charge their vehicles at home, home charging stations are an essential component of the electric vehicle (EV) charging network. Usually installed in the owner’s residential area, these stations work with different electric vehicle models.
  • Workplace charging stations also contribute to the demand for electric vehicle charging networks.

Segmentation by Charging Power Levels

  • The main charging power level category is DC fast charging (Level 3). Comparing DC Fast Charging stations to Level 1 and Level 2 chargers, the former allows for substantially faster charging times due to their higher power delivery to the electric vehicle. This is especially crucial when traveling a long distance or in circumstances requiring rapid charging.
  • The level 2 charging will likely register a significant CAGR during forecasting. A particular power and voltage level in the infrastructure used for charging electric vehicles (EVs) is called level 2 charging. Different charging levels correspond to charging speeds and power delivery capacities in electric vehicle charging networks.
  • Level 1 charging also contributes to the demand for electric vehicle charging networks.

Segmentation by Business Models

  • The open-access networks category is predicted to grow fastest over the projection period. Establishing a shared or common infrastructure for electric vehicle charging is a component of open-access networks. This infrastructure is not exclusive to any charging service provider; rather, it can be owned and operated by a group of stakeholders or an impartial third party.
  • Closed/proprietary networks also contribute to the demand for electric vehicle charging networks.

Segmentation by Charging Network Operators

  • During the projection period, the automaker-owned networks category will likely have the highest CAGR. Brand loyalty may increase with automaker-owned charging networks. Connecting charging stations made by the same manufacturer may be easier and more convenient for owners of a specific electric vehicle brand.
  • Independent charging operators (ICOs) also contribute to the demand for electric vehicle charging networks.

Segmentation by Charging Infrastructure Components

  • Charging hardware will be expected to have the foremost CAGR during the prediction period. The physical parts and apparatus used to charge electric vehicles are known as charging hardware. This includes various charging stations, connectors, cables, and associated infrastructure. For electric vehicles to be widely adopted, the charging hardware is essential to the entire EV charging ecosystem.
  • Other charging infrastructure components, such as charging software, also contribute to the demand for electric vehicle charging networks.

Segmentation by Payment Models

  • Throughout the forecast duration, the category for pay-per-use is anticipated to have the greatest CAGR. In the context of electric vehicle (EV) charging networks, pay-per-use, also called pay-as-you-go or pay-per-session, is a billing model where users are charged according to the actual usage of the charging service. This implies that instead of paying a set monthly fee or subscription, EV drivers pay for the electricity they use or the time they spend charging their cars.
  • Subscription and freemium models also contribute to the demand for electric vehicle charging networks.

Segmentation by Smart Charging Solutions

  • The highest CAGR is anticipated for grid integration throughout estimation. Smart charging infrastructure deployment is a component of grid integration. This includes charging stations with control systems and communication technologies installed so electric vehicles, charging stations, and the grid can communicate in real time.
  • Other smart charging solutions, such as demand response integration, also contribute to the demand for electric vehicle charging networks.

Segmentation by Charging Infrastructure Connectivity

  • Over the estimation period, Wi-Fi and cellular connectivity are expected to have the greatest CAGR. Wi-Fi connectivity is found in many EV charging stations, allowing remote management and monitoring. This eliminates the need for physical presence by enabling operators to keep track of each charging station’s status, monitor energy usage, and handle any technical problems.
  • IoT integration also contributes to the demand for electric vehicle charging networks.

Segmentation by Innovative Charging Solutions

  • Over the estimated timeframe, the ultra-fast charging segment is anticipated to experience the highest CAGR. Ultra-fast Charging stations generally offer high power levels, ranging from 150 kW to 350 kW and higher. This is even faster than some DC fast chargers (50-100 kW) and significantly increased over the more popular Level 2 chargers (roughly 7-22 kW). Much faster charging times are made possible by the higher power.
  • Other innovative charging solutions, such as wireless and robotically assisted charging, also contribute to the demand for electric vehicle charging networks.

Segmentation by Battery Swapping Stations

  • During the projection period, the category with the largest compound annual growth rate will likely be battery swap infrastructure. Battery swap stations are specialized locations where owners of electric vehicles can bring their depleted batteries to swap them out for fully charged ones by driving in. These stations have highly skilled workers or sophisticated robotic systems that enable them to quickly and effectively replace the batteries.

Segmentation by Energy Storage Integration

  • Battery storage is predicted to have the most prominent CAGR during the estimation period. In charging networks, battery storage aids in controlling the erratic demand for electricity. To maintain a stable and balanced grid, it stores excess energy during times of low demand and releases it during times of peak demand.

Segmentation by Government Initiatives and Policies

  • Public funding and incentives will have the highest CAGR over the forecast period. Building the physical infrastructure of networks for charging electric vehicles requires public funding. This involves charging stations in parking lots, public areas, and other well-chosen places.
  • Regulatory frameworks also contribute to the demand for electric vehicle charging networks.

Segmentation by Region

  • Asia Pacific leads the electric vehicle charging networks market because many of the top producers of electric vehicles have factories in nations like South Korea, Japan, and China. Due to this manufacturing concentration, there is a greater need for charging infrastructure in the area.
  • Europe is estimated to rank second in market size for electric vehicle charging networks.
  • North America will witness the most rapid growth in the electric vehicle charging networks market.
  • The remaining electric vehicle charging network demand is satisfied by world regions, such as Africa, the Middle East, and Latin America.

Electric Vehicle Charging Networks Market Research

The market for electric vehicle charging networks is being driven by rising fuel prices, fleet electrification, innovative business strategies, better charging station design, and longer driving distances.

During forecasting, Asia Pacific will probably rule the electric vehicle charging networks market. Asia Pacific is a major hub for producing electric vehicles and their parts. South Korea, Japan, and China are home to production sites for a number of the top producers of electric vehicles. The area’s need for charging infrastructure is increased by this manufacturing concentration. To support its expanding EV fleet, China, the largest market for electric vehicles worldwide, has made large investments in the infrastructure needed for charging EVs. China leads the world in EV adoption, and India is expected to be one of the top countries in the next seven years, according to data released by the International Energy Agency. To meet the growing demand for electric vehicles, nations like South Korea and Japan have also made significant progress in developing their charging networks.

The region benefits from major electric vehicle (EV) manufacturers focusing on advances in charging technology. Chinese producers have lowered the cost of EV chargers by a considerable margin during the last five years. The equipment cost of a 50 kW DCFC unit in China decreased by 67% between 2016 and 2019, according to data released by the Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA). Nevertheless, there are obstacles like the requirement for uniform charging procedures, improvements to grid capacity, and the expansion of infrastructure in rural and developing nations.

The North American area is projected to grow fastest throughout the forecast. The International Council on Clean Transportation estimates that 320,000 new electric vehicles were sold in the United States in 2019, making it the third-largest market for electric vehicles worldwide. As of 2020, the International Energy Agency reports that there were approximately 1.8 million electric vehicles registered in the United States, more than three times the number that existed in 2016. In the United States, there were more than 1.1 million registered electric vehicles in 2020, compared to less than 300,000 in 2016. California started setting up charging station networks to facilitate the widespread use of electric vehicles. In the United States, there are more than 42,000 charging stations that are open to the public as of 2021.

Key Highlights of the Report

The global  electric vehicle charging networks market  is segmented by charging station types, charging power levels, business models, charging network operators, charging infrastructure components, payment models, smart charging solutions, charging infrastructure connectivity, innovative charging solutions, battery swapping stations, energy storage integration, government initiatives and policies, and region. In terms of charging station types, public charging stations lead the industry. Grid integration is the top segment. During the forecast period, the Wi-Fi and cellular connectivity category is expected to grow at the highest CAGR. The public funding and incentives are anticipated to experience the highest CAGR during the forecast period. The market for electric vehicle charging networks is expanding at a rapid pace in Asia Pacific.

The use of electric vehicles is now required due to the increase in harmful pollutants and carbon emissions from transportation. Consequently, there is an increasing need for infrastructure related to electric vehicle charging in residential and commercial settings. Market expansion is also expected to be aided by a subscription model and increased cooperation among automakers on charging infrastructure. Electric vehicle charging equipment is far more widely used in commercial spaces than residential ones. It is anticipated that the number of commercial charging stations will increase as electric vehicle usage increases. To increase the use of electric vehicles, efforts must be made to upgrade the infrastructure for charging in commercial areas. Long-distance driving requires overnight charging at residential complexes or individual residences, which is not feasible.

However, according to forecasts, Asia Pacific will hold the largest market share for electric vehicle charging networks globally. To support its expanding EV fleet, Asia Pacific, the largest market for electric vehicles worldwide, has made large investments in the infrastructure needed for charging EVs. Asia Pacific leads the world in EV adoption. India is expected to be one of the top countries in the next seven years, according to data released by the International Energy Agency. The North American region is also assumed to have the market’s sharpest growth. With the help of both private and governmental incentives, there have been large infrastructure investments made in the United States and Canada. To promote the installation of charging infrastructure, for example, several states, such as California, New York, and Massachusetts, provide extra rewards, grants, and rebates.

Which Key Factors Are Driving The Global Electric Vehicle Charging Networks Market?

Vehicle-to-grid (V2G) technology, private sector investments, sophisticated connection features, advancements in payment systems, and the growing acceptance of electric vehicles are stimulating the growth of the electric vehicle charging networks market.

What Are The Key Challenges In The Global Market For Electric Vehicle Charging Networks?

The development of electric vehicle charging networks is hampered by several factors, including high upfront infrastructure costs, a small grid capacity, dependency on government subsidies, and limited access to charging stations in remote areas.

What Market Opportunities Exist For Electric Vehicle Charging Networks Globally?

The market for electric vehicle charging networks has a lot of opportunities, including connectivity with renewable energy sources, rural and distant charging infrastructure, intermodal charging hubs, energy storage systems, and interaction with urban planning.

Market Drivers

Several factors influence the market for electric vehicle charging networks globally. The main factors influencing the market for electric vehicle charging networks globally are as follows:

Global EV Sales Growth

The increased use and adoption of electric vehicles have brought attention to the need for infrastructure development related to charging. The leading EV markets, China, the US, and Germany, heavily invest in EV charging infrastructure and R&D for quicker and more effective charging techniques. The demand for charging infrastructure is anticipated to rise rapidly in tandem with the ongoing rise in EV adoption, especially in areas where EV owners are concentrated. Governments, businesses, and other organizations have been prompted to invest in installing additional public charging stations to accommodate the needs of electric vehicle owners. Since most EV owners also install home charging stations, there is a greater need for infrastructure related to EV charging. Global EV sales increased significantly in 2022, accounting for over 10% of all vehicle sales. After Europe and the US, China was the biggest market for electric vehicle sales. These factors support the growth of the electric vehicle charging networks market.

Market Restraints

Several challenges could prevent the expansion of the global market for electric vehicle charging networks. Among them are the following:

Remote Areas Installation and Upkeep of EV Charging Stations

Establishing and running EV charging stations can be costly, especially in places with little traffic or a limited electricity supply. A substantial upfront investment is needed to install charging stations, as equipment, installation, and electrical infrastructure upgrades are expensive. In certain situations, installing the required infrastructure—such as high-power transformers or cabling—and upgrading the energy supply can be extremely expensive, particularly in remote areas without the necessary grid infrastructure. For instance, it could be necessary to install transformers and lay new power cables to construct a powerful EV charging station in a remote area. These tasks can be very costly. These locations may not see enough traffic to warrant the high installation and upkeep costs of charging stations. Because of this, it may be challenging to locate financiers ready to fund EV charging stations in these isolated areas, which leaves prospective owners with few options for charging. These factors restrain the development of the electric vehicle charging networks market.

Opportunities

The global market for electric vehicle charging networks presents significant potential opportunities. The following is an example of these:

Strategies for Implementing Smart City Implementation

A smart city uses data and technology to raise the standard of living for its people. This includes using cutting-edge technologies to improve communication and connectivity, offer public services, and manage resources more effectively. Sales of EV charging stations represent an industry where the implementation of smart cities presents an opportunity. Electric vehicles are growing in popularity as more people look for ways to cut their transportation expenses and lessen their carbon footprint. However, access to infrastructure for charging EVs is one of the biggest obstacles to their adoption. By establishing a network of charging stations linked to a centralized system, smart cities can assist in overcoming this difficulty by facilitating drivers’ ability to find and utilize them. The market for electric vehicle charging networks can expand due to smart city infrastructure, which offers a platform for innovative business ideas. Businesses can use the data produced by intelligent city infrastructure to provide cutting-edge services like dynamic pricing, reservation systems, and tailored advice to electric vehicle drivers.

Competitive Landscape

Electric Vehicle Charging Networks Market Report

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Key players.

The global market for electric vehicle charging networks is very competitive, with many powerful players. Some of the leading market participants and their corresponding market shares are listed below:

  • ChargePoint
  • Electrify America
  • Blink Charging

To stay competitive, these businesses prioritize product development, distribution network expansion, and mergers and acquisitions.

Leading rivals in the global electric vehicle charging networks market always seek new products and innovations to get an edge.

In July 2023, The EV300 Level 2 EV Charging Station and the EV3000 DC Fast Charger were introduced by Robert Bosch GmbH. The purpose of both chargers is to offer a more cost-effective charging solution without sacrificing safety or charging efficiency.

In January 2023, At CES 2023, the world’s preeminent technology event in Las Vegas, ABB E-mobility unveiled its ground-breaking Terra Home charging solution. It was anticipated to go on sale in the middle of 2023. Terra Home’s distinctive design enables users to maximize their use of renewable energy, thereby lowering their carbon footprint.

Summary of Key Findings

  • The electric vehicle charging networks sector continues growing because of increasing adoption and government support.
  • The market is segmented by charging station types, charging power levels, business models, charging network operators, charging infrastructure components, payment models, smart charging solutions, charging infrastructure connectivity, innovative charging solutions, battery swapping stations, energy storage integration, government initiatives and policies, and region.
  • The most popular charging station types in the market are public charging stations.
  • The most ubiquitous fragment of energy storage integration is battery storage.
  • Regarding CAGR, the pay-per-use payment model is expected to grow fastest during the forecast period.
  • The grid integration category will likely see the highest CAGR during the anticipated time frame.
  • Asia Pacific is leading market development; the market is highly competitive with key players including Tesla, ChargePoint, EVgo, Electrify America, Shell, ABB, Siemens, Blink Charging, Greenlots, Nuvve, and others.

Future Outlook

  • Optimistic viewpoint for the global electric vehicle charging networks market with noteworthy growth potential in the Asia Pacific.
  • The market expansion of electric vehicle charging networks is mostly attributed to innovations in charging station design.
  • Due to the limited availability of charging stations in remote places, the market’s expansion may encounter significant obstacles during the anticipated period.
  • Foremost companies must concentrate on product innovation, expanding their market reach, and maintaining competitive pricing to stay ahead.

How CXOs Can Benefit from the Credence Research Electric Vehicle Charging Networks Market Report

The Credence Research Electric Vehicle Charging Networks Market Report provides CXOs with a comprehensive overview of the market, including:

  • Market size and growth forecast:  The report provides detailed estimates of the global electric vehicle charging networks market size, segmented by charging station types, charging power levels, business models, charging network operators, charging infrastructure components, payment models, smart charging solutions, charging infrastructure connectivity, innovative charging solutions, battery swapping stations, energy storage integration, government initiatives and policies, and region. It also includes forecasts for the market through 2032 based on key trends and drivers.
  • Market segmentation:  The report segments the electric vehicle charging networks market by charging station types, charging power levels, business models, charging network operators, charging infrastructure components, payment models, smart charging solutions, charging infrastructure connectivity, innovative charging solutions, battery swapping stations, energy storage integration, government initiatives and policies, and region. This segmentation provides CXOs with a granular understanding of the market and the opportunities in each segment.
  • Competitive landscape: The report profiles the key players in the electric vehicle charging networks market and provides insights into their strategies, product offerings, and financial performance. This information can help CXOs to identify and assess their competition.
  • Key trends and drivers: The report identifies and analyzes the key trends and drivers shaping the electric vehicle charging networks market. This information can help CXOs to make informed decisions about their investments and strategies.

CXOs can use the insights from the Credence Research Electric Vehicle Charging Networks Market Report to:

  • Identify growth opportunities:  The report can help CXOs identify new growth opportunities in the electric vehicle charging networks market. For example, the report identifies the growing demand for electric vehicle charging networks from the charging network operators as a key opportunity.
  • Make informed investment decisions: The report can help CXOs make informed investment decisions about electric vehicle charging networks. For example, the report provides insights into the key factors to consider when evaluating electric vehicle charging networks providers and selecting electric vehicle charging networks solutions.
  • Develop competitive strategies: The report can help CXOs develop competitive strategies for their electric vehicle charging networks businesses. For example, the report identifies the key strategies that electric vehicle charging network providers are using to differentiate themselves from their competitors.
  • Track market developments: The report can help CXOs track market developments and stay ahead of the curve. For example, the report provides insights into the latest trends and innovations in the electric vehicle charging networks market.

Overall, the Credence Research Electric Vehicle Charging Networks Market Report is a valuable resource for CXOs who are looking to gain a deeper understanding of the market and identify growth opportunities.

Segmentation

  • Public Charging Stations
  • Home Charging Stations
  • Workplace Charging Stations
  • Level 1 Charging
  • Level 2 Charging
  • DC Fast Charging (Level 3)
  • Open Access Networks
  • Closed/Proprietary Networks
  • Independent Charging Operators (ICOs)
  • Automaker-Owned Networks
  • Charging Hardware
  • Charging Software
  • Pay-Per-Use
  • Subscription Models
  • Freemium Models
  • Demand Response Integration
  • Grid Integration
  • Wi-Fi and Cellular Connectivity
  • IoT Integration
  • Wireless Charging
  • Robotically Assisted Charging
  • Ultra-Fast Charging
  • Battery Swap Infrastructure
  • Battery storage
  • Public Funding and Incentives
  • Regulatory Frameworks
  • Rest of Europe
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
  • Rest of Latin America
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

Table of Content 1. Preface 1.1. Report Description 1.1.1. Purpose of the Report 1.1.2. Target Audience 1.1.3. USP and Key Offerings 1.2. Research Scope 1.3. Market Introduction 2. Executive Summary 2.1. Market Snapshot: Global Electric Vehicle Charging Networks Market 2.1.1. Global Electric Vehicle Charging Networks Market, By Charging Station Types 2.1.2. Global Electric Vehicle Charging Networks Market, By Charging Power Levels 2.1.3. Global Electric Vehicle Charging Networks Market, By Business Models 2.1.4. Global Electric Vehicle Charging Networks Market, By Charging Network Operators 2.1.5. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Components 2.1.6. Global Electric Vehicle Charging Networks Market, By Payment Models 2.1.7. Global Electric Vehicle Charging Networks Market, By Smart Charging Solutions 2.1.8. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Connectivity 2.1.9. Global Electric Vehicle Charging Networks Market, By Innovative Charging Solutions 2.1.10. Global Electric Vehicle Charging Networks Market, By Battery Swapping Stations 2.1.11. Global Electric Vehicle Charging Networks Market, By Energy Storage Integration 2.1.12. Global Electric Vehicle Charging Networks Market, By Government Initiatives and Policies 2.1.13. Global Electric Vehicle Charging Networks Market, By Region 2.2. Insights from Primary Respondents 3. Market Dynamics & Factors Analysis 3.1. Introduction 3.1.1. Global Electric Vehicle Charging Networks Market Value, 2017-2030, (US$ Mn) 3.1.2. Y-o-Y Growth Trend Analysis 3.2. Market Dynamics 3.2.1. Electric Vehicle Charging Networks Market Drivers 3.2.2. Electric Vehicle Charging Networks Market Restraints 3.2.3. Electric Vehicle Charging Networks Market Opportunities 3.2.4. Major Electric Vehicle Charging Networks Industry Challenges 3.3. Growth and Development Patterns 3.4. Investment Feasibility Analysis 3.5. Market Opportunity Analysis 3.5.1. Charging Station Types 3.5.2. Charging Power Levels 3.5.3. Business Models 3.5.4. Charging Network Operators 3.5.5. Charging Infrastructure Components 3.5.6. Payment Models 3.5.7. Smart Charging Solutions 3.5.8. Charging Infrastructure Connectivity 3.5.9. Innovative Charging Solutions 3.5.10. Battery Swapping Stations 3.5.11. Energy Storage Integration 3.5.12. Government Initiatives and Policies 3.5.13. Geography 4. Market Competitive Landscape Analysis 4.1. Company Market Share Analysis, 2022 4.1.1. Global Electric Vehicle Charging Networks Market: Company Market Share, Value 2022 4.1.2. Global Electric Vehicle Charging Networks Market: Top 6 Company Market Share, Value 2022 4.1.3. Global Electric Vehicle Charging Networks Market: Top 3 Company Market Share, Value 2022 4.2. Global Electric Vehicle Charging Networks Market: Company Revenue Share Analysis, 2022 4.3. Company Assessment Metrics, 2022 4.3.1. Stars 4.3.2. Emerging Leaders 4.3.3. Pervasive Players 4.3.4. Participants 4.4. Startups/ SMEs Assessment Metrics, 2022 4.4.1. Progressive Companies 4.4.2. Responsive Companies 4.4.3. Dynamic Companies 4.4.4. Starting Blocks 4.5. Strategic Development 4.5.1. Acquisition and Mergers 4.5.2. New Product Launch 4.5.3. Regional Expansion 4.5.4. Partnerships 4.6. Key Player Product Matrix 4.7. Potential for New Players in the Global Electric Vehicle Charging Networks Market 5. Premium Insights 5.1. STAR (Situation, Task, Action, Results) Analysis 5.2. Porter’s Five Forces Analysis 5.2.1. Threat of New Entrants 5.2.2. Bargaining Power of Buyers/Consumers 5.2.3. Bargaining Power of Suppliers 5.2.4. Threat of Substitute Types 5.2.5. Intensity of Competitive Rivalry 5.3. PESTEL Analysis 5.3.1. Political Factors 5.3.2. Economic Factors 5.3.3. Social Factors 5.3.4. Technological Factors 5.3.5. Environmental Factors 5.3.6. Legal Factors 5.4. Key Market Trends 5.4.1. Demand Side Trends 5.4.2. Supply Side Trends 5.5. Value Chain Analysis 5.6. Technology Analysis 5.6.1. Research and development in the global market 5.6.2. Patent Analysis 5.6.3. Emerging technologies and their potential disruption to the market 5.7. Consumer Behaviour Analysis 5.7.1. Consumer Preferences and Expectations 5.7.2. Factors Influencing Consumer Buying Decisions 5.7.2.1. North America 5.7.2.2. Europe 5.7.2.3. Asia Pacific 5.7.2.4. Latin America 5.7.2.5. Middle East and Africa 5.7.3. Consumer Pain Points 5.8. Analysis and Recommendations 5.9. Adjacent Market Analysis 6. Market Positioning of Key Players, 2022 6.1. Company market share of key players, 2022 6.2. Competitive Benchmarking 6.3. Market Positioning of Key Vendors 6.4. Geographical Presence Analysis 6.5. Major Strategies Adopted by Key Players 6.5.1. Key Strategies Analysis 6.5.2. Mergers and Acquisitions 6.5.3. Partnerships 6.5.4. Product Launch 6.5.5. Geographical Expansion 6.5.6. Others 7. Impact Analysis of COVID 19 and Russia – Ukraine War on Electric Vehicle Charging Networks Market 7.1. Ukraine-Russia War Impact 7.1.1. Uncertainty and Economic Instability 7.1.2. Supply chain disruptions 7.1.3. Regional market shifts 7.1.4. Shift in government priorities 7.2. COVID-19 Impact Analysis 7.2.1. Supply Chain Disruptions 7.2.2. Demand Fluctuations 7.2.3. Shift in Product Mix 7.2.4. Reduced Industrial Activity 7.2.5. Regional Impact Analysis 7.2.5.1. North America 7.2.5.2. Europe 7.2.5.3. Asia Pacific 7.2.5.4. Latin America 7.2.5.5. Middle East and Africa 8. Global Electric Vehicle Charging Networks Market, By Charging Station Types 8.1. Global Electric Vehicle Charging Networks Market Overview, by Charging Station Types 8.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Charging Station Types, 2022 Vs 2030 (in %) 8.2. Public Charging Stations 8.2.1. Global Electric Vehicle Charging Networks Market, By Public Charging Stations, By Region, 2017-2030 (US$ Mn) 8.2.2. Market Dynamics for Public Charging Stations 8.2.2.1. Drivers 8.2.2.2. Restraints 8.2.2.3. Opportunities 8.2.2.4. Trends 8.3. Home Charging Stations 8.3.1. Global Electric Vehicle Charging Networks Market, By Home Charging Stations, By Region, 2017-2030 (US$ Mn) 8.3.2. Market Dynamics for Home Charging Stations 8.3.2.1. Drivers 8.3.2.2. Restraints 8.3.2.3. Opportunities 8.3.2.4. Trends 8.4. Workplace Charging Stations 8.4.1. Global Electric Vehicle Charging Networks Market, By Workplace Charging Stations, By Region, 2017-2030 (US$ Mn) 8.4.2. Market Dynamics for Workplace Charging Stations 8.4.2.1. Drivers 8.4.2.2. Restraints 8.4.2.3. Opportunities 8.4.2.4. Trends 9. Global Electric Vehicle Charging Networks Market, By Charging Power Levels 9.1. Global Electric Vehicle Charging Networks Market Overview, by Charging Power Levels 9.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Charging Power Levels, 2022 Vs 2030 (in %) 9.2. Level 1 Charging 9.2.1. Global Electric Vehicle Charging Networks Market, By Level 1 Charging, By Region, 2017-2030 (US$ Mn) 9.2.2. Market Dynamics for Level 1 Charging 9.2.2.1. Drivers 9.2.2.2. Restraints 9.2.2.3. Opportunities 9.2.2.4. Trends 9.3. Level 2 Charging 9.3.1. Global Electric Vehicle Charging Networks Market, By Level 2 Charging, By Region, 2017-2030 (US$ Mn) 9.3.2. Market Dynamics for Level 2 Charging 9.3.2.1. Drivers 9.3.2.2. Restraints 9.3.2.3. Opportunities 9.3.2.4. Trends 9.4. DC Fast Charging (Level 3) 9.4.1. Global Electric Vehicle Charging Networks Market, By DC Fast Charging (Level 3), By Region, 2017-2030 (US$ Mn) 9.4.2. Market Dynamics for DC Fast Charging (Level 3) 9.4.2.1. Drivers 9.4.2.2. Restraints 9.4.2.3. Opportunities 9.4.2.4. Trends 10. Global Electric Vehicle Charging Networks Market, By Business Models 10.1. Global Electric Vehicle Charging Networks Market Overview, by Business Models 10.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Business Models, 2022 Vs 2030 (in %) 10.2. Open Access Networks 10.2.1. Global Electric Vehicle Charging Networks Market, By Open Access Networks, By Region, 2017-2030 (US$ Mn) 10.2.2. Market Dynamics for Open Access Networks 10.2.2.1. Drivers 10.2.2.2. Restraints 10.2.2.3. Opportunities 10.2.2.4. Trends 10.3. Closed/Proprietary Networks 10.3.1. Global Electric Vehicle Charging Networks Market, By Closed/Proprietary Networks, By Region, 2017-2030 (US$ Mn) 10.3.2. Market Dynamics for Closed/Proprietary Networks 10.3.2.1. Drivers 10.3.2.2. Restraints 10.3.2.3. Opportunities 10.3.2.4. Trends 11. Global Electric Vehicle Charging Networks Market, By Charging Network Operators 11.1. Global Electric Vehicle Charging Networks Market Overview, by Charging Network Operators 11.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Charging Network Operators, 2022 Vs 2030 (in %) 11.2. Independent Charging Operators (ICOs) 11.2.1. Global Electric Vehicle Charging Networks Market, By Independent Charging Operators (ICOs), By Region, 2017-2030 (US$ Mn) 11.2.2. Market Dynamics for Independent Charging Operators (ICOs) 11.2.2.1. Drivers 11.2.2.2. Restraints 11.2.2.3. Opportunities 11.2.2.4. Trends 11.3. Automaker-Owned Networks 11.3.1. Global Electric Vehicle Charging Networks Market, By Automaker-Owned Networks, By Region, 2017-2030 (US$ Mn) 11.3.2. Market Dynamics for Automaker-Owned Networks 11.3.2.1. Drivers 11.3.2.2. Restraints 11.3.2.3. Opportunities 11.3.2.4. Trends 12. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Components 12.1. Global Electric Vehicle Charging Networks Market Overview, by Charging Infrastructure Components 12.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Charging Infrastructure Components, 2022 Vs 2030 (in %) 12.2. Charging Hardware 12.2.1. Global Electric Vehicle Charging Networks Market, By Charging Hardware, By Region, 2017-2030 (US$ Mn) 12.2.2. Market Dynamics for Charging Hardware 12.2.2.1. Drivers 12.2.2.2. Restraints 12.2.2.3. Opportunities 12.2.2.4. Trends 12.3. Charging Software 12.3.1. Global Electric Vehicle Charging Networks Market, By Charging Software, By Region, 2017-2030 (US$ Mn) 12.3.2. Market Dynamics for Charging Software 12.3.2.1. Drivers 12.3.2.2. Restraints 12.3.2.3. Opportunities 12.3.2.4. Trends 13. Global Electric Vehicle Charging Networks Market, By Payment Models 13.1. Global Electric Vehicle Charging Networks Market Overview, by Payment Models 13.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Payment Models, 2022 Vs 2030 (in %) 13.2. Pay-Per-Use 13.2.1. Global Electric Vehicle Charging Networks Market, By Pay-Per-Use, By Region, 2017-2030 (US$ Mn) 13.2.2. Market Dynamics for Pay-Per-Use 13.2.2.1. Drivers 13.2.2.2. Restraints 13.2.2.3. Opportunities 13.2.2.4. Trends 13.3. Subscription Models 13.3.1. Global Electric Vehicle Charging Networks Market, By Subscription Models, By Region, 2017-2030 (US$ Mn) 13.3.2. Market Dynamics for Subscription Models 13.3.2.1. Drivers 13.3.2.2. Restraints 13.3.2.3. Opportunities 13.3.2.4. Trends 13.4. Freemium Models 13.4.1. Global Electric Vehicle Charging Networks Market, By Freemium Models, By Region, 2017-2030 (US$ Mn) 13.4.2. Market Dynamics for Freemium Models 13.4.2.1. Drivers 13.4.2.2. Restraints 13.4.2.3. Opportunities 13.4.2.4. Trends 14. Global Electric Vehicle Charging Networks Market, By Smart Charging Solutions 14.1. Global Electric Vehicle Charging Networks Market Overview, by Smart Charging Solutions 14.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Smart Charging Solutions, 2022 Vs 2030 (in %) 14.2. Demand Response Integration 14.2.1. Global Electric Vehicle Charging Networks Market, By Demand Response Integration, By Region, 2017-2030 (US$ Mn) 14.2.2. Market Dynamics for Demand Response Integration 14.2.2.1. Drivers 14.2.2.2. Restraints 14.2.2.3. Opportunities 14.2.2.4. Trends 14.3. Grid Integration 14.3.1. Global Electric Vehicle Charging Networks Market, By Grid Integration, By Region, 2017-2030 (US$ Mn) 14.3.2. Market Dynamics for Grid Integration 14.3.2.1. Drivers 14.3.2.2. Restraints 14.3.2.3. Opportunities 14.3.2.4. Trends 15. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Connectivity 15.1. Global Electric Vehicle Charging Networks Market Overview, by Charging Infrastructure Connectivity 15.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Charging Infrastructure Connectivity, 2022 Vs 2030 (in %) 15.2. Wi-Fi and Cellular Connectivity 15.2.1. Global Electric Vehicle Charging Networks Market, By Wi-Fi and Cellular Connectivity, By Region, 2017-2030 (US$ Mn) 15.2.2. Market Dynamics for Wi-Fi and Cellular Connectivity 15.2.2.1. Drivers 15.2.2.2. Restraints 15.2.2.3. Opportunities 15.2.2.4. Trends 15.3. IoT Integration 15.3.1. Global Electric Vehicle Charging Networks Market, By IoT Integration, By Region, 2017-2030 (US$ Mn) 15.3.2. Market Dynamics for IoT Integration 15.3.2.1. Drivers 15.3.2.2. Restraints 15.3.2.3. Opportunities 15.3.2.4. Trends 16. Global Electric Vehicle Charging Networks Market, By Innovative Charging Solutions 16.1. Global Electric Vehicle Charging Networks Market Overview, by Innovative Charging Solutions 16.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Innovative Charging Solutions, 2022 Vs 2030 (in %) 16.2. Wireless Charging 16.2.1. Global Electric Vehicle Charging Networks Market, By Wireless Charging, By Region, 2017-2030 (US$ Mn) 16.2.2. Market Dynamics for Wireless Charging 16.2.2.1. Drivers 16.2.2.2. Restraints 16.2.2.3. Opportunities 16.2.2.4. Trends 16.3. Robotically Assisted Charging 16.3.1. Global Electric Vehicle Charging Networks Market, By Robotically Assisted Charging, By Region, 2017-2030 (US$ Mn) 16.3.2. Market Dynamics for Robotically Assisted Charging 16.3.2.1. Drivers 16.3.2.2. Restraints 16.3.2.3. Opportunities 16.3.2.4. Trends 16.4. Ultra-Fast Charging 16.4.1. Global Electric Vehicle Charging Networks Market, By Ultra-Fast Charging, By Region, 2017-2030 (US$ Mn) 16.4.2. Market Dynamics for Ultra-Fast Charging 16.4.2.1. Drivers 16.4.2.2. Restraints 16.4.2.3. Opportunities 16.4.2.4. Trends 17. Global Electric Vehicle Charging Networks Market, By Battery Swapping Stations 17.1. Global Electric Vehicle Charging Networks Market Overview, by Battery Swapping Stations 17.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Battery Swapping Stations, 2022 Vs 2030 (in %) 17.2. Battery Swap Infrastructure 17.2.1. Global Electric Vehicle Charging Networks Market, By Battery Swap Infrastructure, By Region, 2017-2030 (US$ Mn) 17.2.2. Market Dynamics for Battery Swap Infrastructure 17.2.2.1. Drivers 17.2.2.2. Restraints 17.2.2.3. Opportunities 17.2.2.4. Trends 18. Global Electric Vehicle Charging Networks Market, By Energy Storage Integration 18.1. Global Electric Vehicle Charging Networks Market Overview, by Energy Storage Integration 18.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Energy Storage Integration, 2022 Vs 2030 (in %) 18.2. Battery Storage 18.2.1. Global Electric Vehicle Charging Networks Market, By Battery Storage, By Region, 2017-2030 (US$ Mn) 18.2.2. Market Dynamics for Battery Storage 18.2.2.1. Drivers 18.2.2.2. Restraints 18.2.2.3. Opportunities 18.2.2.4. Trends 19. Global Electric Vehicle Charging Networks Market, By Government Initiatives and Policies 19.1. Global Electric Vehicle Charging Networks Market Overview, by Government Initiatives and Policies 19.1.1. Global Electric Vehicle Charging Networks Market Revenue Share, By Government Initiatives and Policies, 2022 Vs 2030 (in %) 19.2. Public Funding and Incentives 19.2.1. Global Electric Vehicle Charging Networks Market, By Public Funding and Incentives, By Region, 2017-2030 (US$ Mn) 19.2.2. Market Dynamics for Public Funding and Incentives 19.2.2.1. Drivers 19.2.2.2. Restraints 19.2.2.3. Opportunities 19.2.2.4. Trends 19.3. Regulatory Frameworks 19.3.1. Global Electric Vehicle Charging Networks Market, By Regulatory Frameworks, By Region, 2017-2030 (US$ Mn) 19.3.2. Market Dynamics for Regulatory Frameworks 19.3.2.1. Drivers 19.3.2.2. Restraints 19.3.2.3. Opportunities 19.3.2.4. Trends 20. Global Electric Vehicle Charging Networks Market, By Region 20.1. Global Electric Vehicle Charging Networks Market Overview, by Region 20.1.1. Global Electric Vehicle Charging Networks Market, By Region, 2022 vs 2030 (in%) 20.2. Charging Station Types 20.2.1. Global Electric Vehicle Charging Networks Market, By Charging Station Types, 2017-2030 (US$ Mn) 20.3. Charging Power Levels 20.3.1. Global Electric Vehicle Charging Networks Market, By Charging Power Levels, 2017-2030 (US$ Mn) 20.4. Business Models 20.4.1. Global Electric Vehicle Charging Networks Market, By Business Models, 2017-2030 (US$ Mn) 20.5. Charging Network Operators 20.5.1. Global Electric Vehicle Charging Networks Market, By Charging Network Operators, 2017-2030 (US$ Mn) 20.6. Charging Infrastructure Components 20.6.1. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Components, 2017-2030 (US$ Mn) 20.7. Payment Models 20.7.1. Global Electric Vehicle Charging Networks Market, By Payment Models, 2017-2030 (US$ Mn) 20.8. Smart Charging Solutions 20.8.1. Global Electric Vehicle Charging Networks Market, By Smart Charging Solutions, 2017-2030 (US$ Mn) 20.9. Charging Infrastructure Connectivity 20.9.1. Global Electric Vehicle Charging Networks Market, By Charging Infrastructure Connectivity, 2017-2030 (US$ Mn) 20.10. Innovative Charging Solutions 20.10.1. Global Electric Vehicle Charging Networks Market, By Innovative Charging Solutions, 2017-2030 (US$ Mn) 20.11. Battery Swapping Stations 20.11.1. Global Electric Vehicle Charging Networks Market, By Battery Swapping Stations, 2017-2030 (US$ Mn) 20.12. Energy Storage Integration 20.12.1. Global Electric Vehicle Charging Networks Market, By Energy Storage Integration, 2017-2030 (US$ Mn) 20.13. Government Initiatives and Policies 20.13.1. Global Electric Vehicle Charging Networks Market, By Government Initiatives and Policies, 2017-2030 (US$ Mn) 21. North America Electric Vehicle Charging Networks Market Analysis 21.1. Overview 21.1.1. Market Dynamics for North America 21.1.1.1. Drivers 21.1.1.2. Restraints 21.1.1.3. Opportunities 21.1.1.4. Trends 21.2. North America Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 21.2.1. Overview 21.2.2. SRC Analysis 21.3. North America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 21.3.1. Overview 21.3.2. SRC Analysis 21.4. North America Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 21.4.1. Overview 21.4.2. SRC Analysis 21.5. North America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 21.5.1. Overview 21.5.2. SRC Analysis 21.6. North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 21.6.1. Overview 21.6.2. SRC Analysis 21.7. North America Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 21.7.1. Overview 21.7.2. SRC Analysis 21.8. North America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 21.8.1. Overview 21.8.2. SRC Analysis 21.9. North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 21.9.1. Overview 21.9.2. SRC Analysis 21.10. North America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 21.10.1. Overview 21.10.2. SRC Analysis 21.11. North America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 21.11.1. Overview 21.11.2. SRC Analysis 21.12. North America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 21.12.1. Overview 21.12.2. SRC Analysis 21.13. North America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 21.13.1. Overview 21.13.2. SRC Analysis 21.14. North America Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 21.14.1. North America Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 21.14.2. U.S. 21.14.3. Canada 21.14.4. Mexico 22. Europe Electric Vehicle Charging Networks Market Analysis 22.1. Overview 22.1.1. Market Dynamics for Europe 22.1.1.1. Drivers 22.1.1.2. Restraints 22.1.1.3. Opportunities 22.1.1.4. Trends 22.2. Europe Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 22.2.1. Overview 22.2.2. SRC Analysis 22.3. Europe Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 22.3.1. Overview 22.3.2. SRC Analysis 22.4. Europe Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 22.4.1. Overview 22.4.2. SRC Analysis 22.5. Europe Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 22.5.1. Overview 22.5.2. SRC Analysis 22.6. Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 22.6.1. Overview 22.6.2. SRC Analysis 22.7. Europe Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 22.7.1. Overview 22.7.2. SRC Analysis 22.8. Europe Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 22.8.1. Overview 22.8.2. SRC Analysis 22.9. Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 22.9.1. Overview 22.9.2. SRC Analysis 22.10. Europe Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 22.10.1. Overview 22.10.2. SRC Analysis 22.11. Europe Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 22.11.1. Overview 22.11.2. SRC Analysis 22.12. Europe Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 22.12.1. Overview 22.12.2. SRC Analysis 22.13. Europe Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 22.13.1. Overview 22.13.2. SRC Analysis 22.14. Europe Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 22.14.1. Europe Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 22.14.2. UK 22.14.3. France 22.14.4. Germany 22.14.5. Italy 22.14.6. Spain 22.14.7. Benelux 22.14.8. Russia 22.14.9. Rest of Europe 23. Asia Pacific Electric Vehicle Charging Networks Market Analysis 23.1. Overview 23.1.1. Market Dynamics for Asia Pacific 23.1.1.1. Drivers 23.1.1.2. Restraints 23.1.1.3. Opportunities 23.1.1.4. Trends 23.2. Asia Pacific Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 23.2.1. Overview 23.2.2. SRC Analysis 23.3. Asia Pacific Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 23.3.1. Overview 23.3.2. SRC Analysis 23.4. Asia Pacific Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 23.4.1. Overview 23.4.2. SRC Analysis 23.5. Asia Pacific Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 23.5.1. Overview 23.5.2. SRC Analysis 23.6. Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 23.6.1. Overview 23.6.2. SRC Analysis 23.7. Asia Pacific Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 23.7.1. Overview 23.7.2. SRC Analysis 23.8. Asia Pacific Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 23.8.1. Overview 23.8.2. SRC Analysis 23.9. Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 23.9.1. Overview 23.9.2. SRC Analysis 23.10. Asia Pacific Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 23.10.1. Overview 23.10.2. SRC Analysis 23.11. Asia Pacific Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 23.11.1. Overview 23.11.2. SRC Analysis 23.12. Asia Pacific Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 23.12.1. Overview 23.12.2. SRC Analysis 23.13. Asia Pacific Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 23.13.1. Overview 23.13.2. SRC Analysis 23.14. Asia Pacific Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 23.14.1. Asia Pacific Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 23.14.2. China 23.14.3. Japan 23.14.4. India 23.14.5. South Korea 23.14.6. South East Asia 23.14.7. Rest of Asia Pacific 24. Latin America Electric Vehicle Charging Networks Market Analysis 24.1. Overview 24.1.1. Market Dynamics for Latin America 24.1.1.1. Drivers 24.1.1.2. Restraints 24.1.1.3. Opportunities 24.1.1.4. Trends 24.2. Latin America Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 24.2.1. Overview 24.2.2. SRC Analysis 24.3. Latin America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 24.3.1. Overview 24.3.2. SRC Analysis 24.4. Latin America Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 24.4.1. Overview 24.4.2. SRC Analysis 24.5. Latin America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 24.5.1. Overview 24.5.2. SRC Analysis 24.6. Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 24.6.1. Overview 24.6.2. SRC Analysis 24.7. Latin America Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 24.7.1. Overview 24.7.2. SRC Analysis 24.8. Latin America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 24.8.1. Overview 24.8.2. SRC Analysis 24.9. Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 24.9.1. Overview 24.9.2. SRC Analysis 24.10. Latin America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 24.10.1. Overview 24.10.2. SRC Analysis 24.11. Latin America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 24.11.1. Overview 24.11.2. SRC Analysis 24.12. Latin America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 24.12.1. Overview 24.12.2. SRC Analysis 24.13. Latin America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 24.13.1. Overview 24.13.2. SRC Analysis 24.14. Latin America Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 24.14.1. Latin America Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 24.14.2. Brazil 24.14.3. Argentina 24.14.4. Rest of Latin America 25. Middle East Electric Vehicle Charging Networks Market Analysis 25.1. Overview 25.1.1. Market Dynamics for Middle East 25.1.1.1. Drivers 25.1.1.2. Restraints 25.1.1.3. Opportunities 25.1.1.4. Trends 25.2. Middle East Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 25.2.1. Overview 25.2.2. SRC Analysis 25.3. Middle East Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 25.3.1. Overview 25.3.2. SRC Analysis 25.4. Middle East Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 25.4.1. Overview 25.4.2. SRC Analysis 25.5. Middle East Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 25.5.1. Overview 25.5.2. SRC Analysis 25.6. Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 25.6.1. Overview 25.6.2. SRC Analysis 25.7. Middle East Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 25.7.1. Overview 25.7.2. SRC Analysis 25.8. Middle East Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 25.8.1. Overview 25.8.2. SRC Analysis 25.9. Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 25.9.1. Overview 25.9.2. SRC Analysis 25.10. Middle East Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 25.10.1. Overview 25.10.2. SRC Analysis 25.11. Middle East Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 25.11.1. Overview 25.11.2. SRC Analysis 25.12. Middle East Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 25.12.1. Overview 25.12.2. SRC Analysis 25.13. Middle East Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 25.13.1. Overview 25.13.2. SRC Analysis 25.14. Middle East Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 25.14.1. Middle East Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 25.14.2. UAE 25.14.3. Saudi Arabia 25.14.4. Rest of Middle East 26. Africa Electric Vehicle Charging Networks Market Analysis 26.1. Overview 26.1.1. Market Dynamics for Africa 26.1.1.1. Drivers 26.1.1.2. Restraints 26.1.1.3. Opportunities 26.1.1.4. Trends 26.2. Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2030(US$ Mn) 26.2.1. Overview 26.2.2. SRC Analysis 26.3. Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2030(US$ Mn) 26.3.1. Overview 26.3.2. SRC Analysis 26.4. Africa Electric Vehicle Charging Networks Market, by Business Models, 2017-2030(US$ Mn) 26.4.1. Overview 26.4.2. SRC Analysis 26.5. Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2030(US$ Mn) 26.5.1. Overview 26.5.2. SRC Analysis 26.6. Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2030(US$ Mn) 26.6.1. Overview 26.6.2. SRC Analysis 26.7. Africa Electric Vehicle Charging Networks Market, by Payment Models, 2017-2030(US$ Mn) 26.7.1. Overview 26.7.2. SRC Analysis 26.8. Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2030(US$ Mn) 26.8.1. Overview 26.8.2. SRC Analysis 26.9. Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2030(US$ Mn) 26.9.1. Overview 26.9.2. SRC Analysis 26.10. Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2030(US$ Mn) 26.10.1. Overview 26.10.2. SRC Analysis 26.11. Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2030(US$ Mn) 26.11.1. Overview 26.11.2. SRC Analysis 26.12. Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2030(US$ Mn) 26.12.1. Overview 26.12.2. SRC Analysis 26.13. Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2030(US$ Mn) 26.13.1. Overview 26.13.2. SRC Analysis 26.14. Africa Electric Vehicle Charging Networks Market, by Country, 2017-2030 (US$ Mn) 26.14.1. Africa Electric Vehicle Charging Networks Market, by Country, 2022 Vs 2030 (in%) 26.14.2. South Africa 26.14.3. Egypt 26.14.4. Rest of Africa 27. Company Profiles 27.1. Tesla 27.1.1. Company Overview 27.1.2. Products/Services Portfolio 27.1.3. Geographical Presence 27.1.4. SWOT Analysis 27.1.5. Financial Summary 27.1.5.1. Market Revenue and Net Profit (2019-2022) 27.1.5.2. Business Segment Revenue Analysis 27.1.5.3. Geographical Revenue Analysis 27.2. ChargePoint 27.3. EVgo 27.4. Electrify America 27.5. Shell 27.6. ABB 27.7. Siemens 27.8. Blink Charging 27.9. Greenlots 27.10. Nuvve 27.11. Others 28. Research Methodology 28.1. Research Methodology 28.2. Phase I – Secondary Research 28.3. Phase II – Data Modelling 28.3.1. Company Share Analysis Model 28.3.2. Revenue Based Modelling 28.4. Phase III – Primary Research 28.5. Research Limitations 28.5.1. Assumptions

List of Figures FIG. 1 Global Electric Vehicle Charging Networks Market: Research Methodology FIG. 2 Market Size Estimation – Top Down & Bottom up Approach FIG. 3 Global Electric Vehicle Charging Networks Market Segmentation FIG. 4 Global Electric Vehicle Charging Networks Market, by Charging Station Types, 2022 (US$ Mn) FIG. 5 Global Electric Vehicle Charging Networks Market, by Charging Power Levels, 2022 (US$ Mn) FIG. 6 Global Electric Vehicle Charging Networks Market, by Business Models, 2022 (US$ Mn) FIG. 7 Global Electric Vehicle Charging Networks Market, by Charging Network Operators, 2022 (US$ Mn) FIG. 8 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2022 (US$ Mn) FIG. 9 Global Electric Vehicle Charging Networks Market, by Payment Models, 2022 (US$ Mn) FIG. 10 Global Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2022 (US$ Mn) FIG. 11 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2022 (US$ Mn) FIG. 12 Global Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2022 (US$ Mn) FIG. 13 Global Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2022 (US$ Mn) FIG. 14 Global Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2022 (US$ Mn) FIG. 15 Global Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2022 (US$ Mn) FIG. 16 Global Electric Vehicle Charging Networks Market, by Geography, 2022 (US$ Mn) FIG. 17 Attractive Investment Proposition, by Charging Station Types, 2022 FIG. 18 Attractive Investment Proposition, by Charging Power Levels, 2022 FIG. 19 Attractive Investment Proposition, by Business Models, 2022 FIG. 20 Attractive Investment Proposition, by Charging Network Operators, 2022 FIG. 21 Attractive Investment Proposition, by Charging Infrastructure Components, 2022 FIG. 22 Attractive Investment Proposition, by Payment Models, 2022 FIG. 23 Attractive Investment Proposition, by Smart Charging Solutions, 2022 FIG. 24 Attractive Investment Proposition, by Charging Infrastructure Connectivity, 2022 FIG. 25 Attractive Investment Proposition, by Innovative Charging Solutions, 2022 FIG. 26 Attractive Investment Proposition, by Battery Swapping Stations, 2022 FIG. 27 Attractive Investment Proposition, by Energy Storage Integration, 2022 FIG. 28 Attractive Investment Proposition, by Government Initiatives and Policies, 2022 FIG. 29 Attractive Investment Proposition, by Geography, 2022 FIG. 30 Global Market Share Analysis of Key Electric Vehicle Charging Networks Market Manufacturers, 2022 FIG. 31 Global Market Positioning of Key Electric Vehicle Charging Networks Market Manufacturers, 2022 FIG. 32 Global Electric Vehicle Charging Networks Market Value Contribution, By Charging Station Types, 2022 & 2030 (Value %) FIG. 33 Global Electric Vehicle Charging Networks Market, by Public Charging Stations, Value, 2017-2030 (US$ Mn) FIG. 34 Global Electric Vehicle Charging Networks Market, by Home Charging Stations, Value, 2017-2030 (US$ Mn) FIG. 35 Global Electric Vehicle Charging Networks Market, by Workplace Charging Stations, Value, 2017-2030 (US$ Mn) FIG. 36 Global Electric Vehicle Charging Networks Market Value Contribution, By Charging Power Levels, 2022 & 2030 (Value %) FIG. 37 Global Electric Vehicle Charging Networks Market, by Level 1 Charging, Value, 2017-2030 (US$ Mn) FIG. 38 Global Electric Vehicle Charging Networks Market, by Level 2 Charging, Value, 2017-2030 (US$ Mn) FIG. 39 Global Electric Vehicle Charging Networks Market, by DC Fast Charging (Level 3), Value, 2017-2030 (US$ Mn) FIG. 40 Global Electric Vehicle Charging Networks Market Value Contribution, By Business Models, 2022 & 2030 (Value %) FIG. 41 Global Electric Vehicle Charging Networks Market, by Open Access Networks, Value, 2017-2030 (US$ Mn) FIG. 42 Global Electric Vehicle Charging Networks Market, by Closed/Proprietary Networks, Value, 2017-2030 (US$ Mn) FIG. 43 Global Electric Vehicle Charging Networks Market Value Contribution, By Charging Network Operators, 2022 & 2030 (Value %) FIG. 44 Global Electric Vehicle Charging Networks Market, by Independent Charging Operators (ICOs), Value, 2017-2030 (US$ Mn) FIG. 45 Global Electric Vehicle Charging Networks Market, by Automaker-Owned Networks, Value, 2017-2030 (US$ Mn) FIG. 46 Global Electric Vehicle Charging Networks Market Value Contribution, By Charging Infrastructure Components, 2022 & 2030 (Value %) FIG. 47 Global Electric Vehicle Charging Networks Market, by Charging Hardware, Value, 2017-2030 (US$ Mn) FIG. 48 Global Electric Vehicle Charging Networks Market, by Charging Software, Value, 2017-2030 (US$ Mn) FIG. 49 Global Electric Vehicle Charging Networks Market Value Contribution, By Payment Models, 2022 & 2030 (Value %) FIG. 50 Global Electric Vehicle Charging Networks Market, by Pay-Per-Use, Value, 2017-2030 (US$ Mn) FIG. 51 Global Electric Vehicle Charging Networks Market, by Subscription Models, Value, 2017-2030 (US$ Mn) FIG. 52 Global Electric Vehicle Charging Networks Market, by Freemium Models, Value, 2017-2030 (US$ Mn) FIG. 53 Global Electric Vehicle Charging Networks Market Value Contribution, By Smart Charging Solutions, 2022 & 2030 (Value %) FIG. 54 Global Electric Vehicle Charging Networks Market, by Demand Response Integration, Value, 2017-2030 (US$ Mn) FIG. 55 Global Electric Vehicle Charging Networks Market, by Grid Integration, Value, 2017-2030 (US$ Mn) FIG. 56 Global Electric Vehicle Charging Networks Market Value Contribution, By Charging Infrastructure Connectivity, 2022 & 2030 (Value %) FIG. 57 Global Electric Vehicle Charging Networks Market, by Wi-Fi and Cellular Connectivity, Value, 2017-2030 (US$ Mn) FIG. 58 Global Electric Vehicle Charging Networks Market, by IoT Integration, Value, 2017-2030 (US$ Mn) FIG. 59 Global Electric Vehicle Charging Networks Market Value Contribution, By Innovative Charging Solutions, 2022 & 2030 (Value %) FIG. 60 Global Electric Vehicle Charging Networks Market, by Wireless Charging, Value, 2017-2030 (US$ Mn) FIG. 61 Global Electric Vehicle Charging Networks Market, by Robotically Assisted Charging, Value, 2017-2030 (US$ Mn) FIG. 62 Global Electric Vehicle Charging Networks Market, by Ultra-Fast Charging, Value, 2017-2030 (US$ Mn) FIG. 63 Global Electric Vehicle Charging Networks Market Value Contribution, By Battery Swapping Stations, 2022 & 2030 (Value %) FIG. 64 Global Electric Vehicle Charging Networks Market, by Battery Swap Infrastructure, Value, 2017-2030 (US$ Mn) FIG. 65 Global Electric Vehicle Charging Networks Market Value Contribution, By Energy Storage Integration, 2022 & 2030 (Value %) FIG. 66 Global Electric Vehicle Charging Networks Market, by Battery Storage, Value, 2017-2030 (US$ Mn) FIG. 67 Global Electric Vehicle Charging Networks Market Value Contribution, By Government Initiatives and Policies, 2022 & 2030 (Value %) FIG. 68 Global Electric Vehicle Charging Networks Market, by Public Funding and Incentives, Value, 2017-2030 (US$ Mn) FIG. 69 Global Electric Vehicle Charging Networks Market, by Regulatory Frameworks, Value, 2017-2030 (US$ Mn) FIG. 70 North America Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 71 U.S. Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 72 Canada Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 73 Mexico Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 74 Europe Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 75 Germany Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 76 France Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 77 U.K. Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 78 Italy Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 79 Spain Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 80 Benelux Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 81 Russia Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 82 Rest of Europe Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 83 Asia Pacific Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 84 China Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 85 Japan Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 86 India Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 87 South Korea Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 88 South-East Asia Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 89 Rest of Asia Pacific Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 90 Latin America Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 91 Brazil Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 92 Argentina Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 93 Rest of Latin America Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 94 Middle East Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 95 UAE Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 96 Saudi Arabia Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 97 Rest of Middle East Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 98 Africa Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 99 South Africa Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 100 Egypt Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn) FIG. 101 Rest of Africa Electric Vehicle Charging Networks Market, 2017-2030 (US$ Mn)

List of Tables TABLE 1 Market Snapshot: Global Electric Vehicle Charging Networks Market TABLE 2 Global Electric Vehicle Charging Networks Market: Market Drivers Impact Analysis TABLE 3 Global Electric Vehicle Charging Networks Market: Market Restraints Impact Analysis TABLE 4 Global Electric Vehicle Charging Networks Market, by Competitive Benchmarking, 2022 TABLE 5 Global Electric Vehicle Charging Networks Market, by Geographical Presence Analysis, 2022 TABLE 6 Global Electric Vehicle Charging Networks Market, by Key Strategies Analysis, 2022 TABLE 7 Global Electric Vehicle Charging Networks Market, by Public Charging Stations, By Region, 2017-2022 (US$ Mn) TABLE 8 Global Electric Vehicle Charging Networks Market, by Public Charging Stations, By Region, 2023-2030 (US$ Mn) TABLE 9 Global Electric Vehicle Charging Networks Market, by Home Charging Stations, By Region, 2017-2022 (US$ Mn) TABLE 10 Global Electric Vehicle Charging Networks Market, by Home Charging Stations, By Region, 2023-2030 (US$ Mn) TABLE 11 Global Electric Vehicle Charging Networks Market, by Workplace Charging Stations, By Region, 2017-2022 (US$ Mn) TABLE 12 Global Electric Vehicle Charging Networks Market, by Workplace Charging Stations, By Region, 2023-2030 (US$ Mn) TABLE 13 Global Electric Vehicle Charging Networks Market, by Level 1 Charging, By Region, 2017-2022 (US$ Mn) TABLE 14 Global Electric Vehicle Charging Networks Market, by Level 1 Charging, By Region, 2023-2030 (US$ Mn) TABLE 15 Global Electric Vehicle Charging Networks Market, by Level 2 Charging, By Region, 2017-2022 (US$ Mn) TABLE 16 Global Electric Vehicle Charging Networks Market, by Level 2 Charging, By Region, 2023-2030 (US$ Mn) TABLE 17 Global Electric Vehicle Charging Networks Market, by DC Fast Charging (Level 3), By Region, 2017-2022 (US$ Mn) TABLE 18 Global Electric Vehicle Charging Networks Market, by DC Fast Charging (Level 3), By Region, 2023-2030 (US$ Mn) TABLE 19 Global Electric Vehicle Charging Networks Market, by Open Access Networks, By Region, 2017-2022 (US$ Mn) TABLE 20 Global Electric Vehicle Charging Networks Market, by Open Access Networks, By Region, 2023-2030 (US$ Mn) TABLE 21 Global Electric Vehicle Charging Networks Market, by Closed/Proprietary Networks, By Region, 2017-2022 (US$ Mn) TABLE 22 Global Electric Vehicle Charging Networks Market, by Closed/Proprietary Networks, By Region, 2023-2030 (US$ Mn) TABLE 23 Global Electric Vehicle Charging Networks Market, by Independent Charging Operators (ICOs), By Region, 2017-2022 (US$ Mn) TABLE 24 Global Electric Vehicle Charging Networks Market, by Independent Charging Operators (ICOs), By Region, 2023-2030 (US$ Mn) TABLE 25 Global Electric Vehicle Charging Networks Market, by Automaker-Owned Networks, By Region, 2017-2022 (US$ Mn) TABLE 26 Global Electric Vehicle Charging Networks Market, by Automaker-Owned Networks, By Region, 2023-2030 (US$ Mn) TABLE 27 Global Electric Vehicle Charging Networks Market, by Charging Hardware, By Region, 2017-2022 (US$ Mn) TABLE 28 Global Electric Vehicle Charging Networks Market, by Charging Hardware, By Region, 2023-2030 (US$ Mn) TABLE 29 Global Electric Vehicle Charging Networks Market, by Charging Software, By Region, 2017-2022 (US$ Mn) TABLE 30 Global Electric Vehicle Charging Networks Market, by Charging Software, By Region, 2023-2030 (US$ Mn) TABLE 31 Global Electric Vehicle Charging Networks Market, by Pay-Per-Use, By Region, 2017-2022 (US$ Mn) TABLE 32 Global Electric Vehicle Charging Networks Market, by Pay-Per-Use, By Region, 2023-2030 (US$ Mn) TABLE 33 Global Electric Vehicle Charging Networks Market, by Subscription Models, By Region, 2017-2022 (US$ Mn) TABLE 34 Global Electric Vehicle Charging Networks Market, by Subscription Models, By Region, 2023-2030 (US$ Mn) TABLE 35 Global Electric Vehicle Charging Networks Market, by Freemium Models, By Region, 2017-2022 (US$ Mn) TABLE 36 Global Electric Vehicle Charging Networks Market, by Freemium Models, By Region, 2023-2030 (US$ Mn) TABLE 37 Global Electric Vehicle Charging Networks Market, by Demand Response Integration, By Region, 2017-2022 (US$ Mn) TABLE 38 Global Electric Vehicle Charging Networks Market, by Demand Response Integration, By Region, 2023-2030 (US$ Mn) TABLE 39 Global Electric Vehicle Charging Networks Market, by Grid Integration, By Region, 2017-2022 (US$ Mn) TABLE 40 Global Electric Vehicle Charging Networks Market, by Grid Integration, By Region, 2023-2030 (US$ Mn) TABLE 41 Global Electric Vehicle Charging Networks Market, by Wi-Fi and Cellular Connectivity, By Region, 2017-2022 (US$ Mn) TABLE 42 Global Electric Vehicle Charging Networks Market, by Wi-Fi and Cellular Connectivity, By Region, 2023-2030 (US$ Mn) TABLE 43 Global Electric Vehicle Charging Networks Market, by IoT Integration, By Region, 2017-2022 (US$ Mn) TABLE 44 Global Electric Vehicle Charging Networks Market, by IoT Integration, By Region, 2023-2030 (US$ Mn) TABLE 45 Global Electric Vehicle Charging Networks Market, by Wireless Charging, By Region, 2017-2022 (US$ Mn) TABLE 46 Global Electric Vehicle Charging Networks Market, by Wireless Charging, By Region, 2023-2030 (US$ Mn) TABLE 47 Global Electric Vehicle Charging Networks Market, by Robotically Assisted Charging, By Region, 2017-2022 (US$ Mn) TABLE 48 Global Electric Vehicle Charging Networks Market, by Robotically Assisted Charging, By Region, 2023-2030 (US$ Mn) TABLE 49 Global Electric Vehicle Charging Networks Market, by Ultra-Fast Charging, By Region, 2017-2022 (US$ Mn) TABLE 50 Global Electric Vehicle Charging Networks Market, by Ultra-Fast Charging, By Region, 2023-2030 (US$ Mn) TABLE 51 Global Electric Vehicle Charging Networks Market, by Battery Swap Infrastructure, By Region, 2017-2022 (US$ Mn) TABLE 52 Global Electric Vehicle Charging Networks Market, by Battery Swap Infrastructure, By Region, 2023-2030 (US$ Mn) TABLE 53 Global Electric Vehicle Charging Networks Market, by Battery Storage, By Region, 2017-2022 (US$ Mn) TABLE 54 Global Electric Vehicle Charging Networks Market, by Battery Storage, By Region, 2023-2030 (US$ Mn) TABLE 55 Global Electric Vehicle Charging Networks Market, by Public Funding and Incentives, By Region, 2017-2022 (US$ Mn) TABLE 56 Global Electric Vehicle Charging Networks Market, by Public Funding and Incentives, By Region, 2023-2030 (US$ Mn) TABLE 57 Global Electric Vehicle Charging Networks Market, by Regulatory Frameworks, By Region, 2017-2022 (US$ Mn) TABLE 58 Global Electric Vehicle Charging Networks Market, by Regulatory Frameworks, By Region, 2023-2030 (US$ Mn) TABLE 59 Global Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 60 Global Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 61 Global Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 62 Global Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 63 Global Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 64 Global Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 65 Global Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 66 Global Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 67 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 68 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 69 Global Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 70 Global Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 71 Global Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 72 Global Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 73 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 74 Global Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 75 Global Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 76 Global Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 77 Global Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 78 Global Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 79 Global Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 80 Global Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 81 Global Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 82 Global Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 83 Global Electric Vehicle Charging Networks Market, by Region, 2017-2022 (US$ Mn) TABLE 84 Global Electric Vehicle Charging Networks Market, by Region, 2023-2030 (US$ Mn) TABLE 85 North America Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 86 North America Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 87 North America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 88 North America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 89 North America Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 90 North America Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 91 North America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 92 North America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 93 North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 94 North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 95 North America Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 96 North America Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 97 North America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 98 North America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 99 North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 100 North America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 101 North America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 102 North America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 103 North America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 104 North America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 105 North America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 106 North America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 107 North America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 108 North America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 109 North America Electric Vehicle Charging Networks Market, by Country, 2017-2022 (US$ Mn) TABLE 110 North America Electric Vehicle Charging Networks Market, by Country, 2023-2030 (US$ Mn) TABLE 111 United States Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 112 United States Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 113 United States Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 114 United States Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 115 United States Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 116 United States Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 117 United States Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 118 United States Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 119 United States Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 120 United States Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 121 United States Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 122 United States Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 123 United States Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 124 United States Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 125 United States Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 126 United States Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 127 United States Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 128 United States Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 129 United States Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 130 United States Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 131 United States Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 132 United States Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 133 United States Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 134 United States Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 135 Canada Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 136 Canada Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 137 Canada Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 138 Canada Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 139 Canada Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 140 Canada Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 141 Canada Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 142 Canada Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 143 Canada Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 144 Canada Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 145 Canada Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 146 Canada Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 147 Canada Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 148 Canada Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 149 Canada Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 150 Canada Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 151 Canada Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 152 Canada Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 153 Canada Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 154 Canada Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 155 Canada Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 156 Canada Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 157 Canada Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 158 Canada Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 159 Mexico Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 160 Mexico Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 161 Mexico Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 162 Mexico Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 163 Mexico Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 164 Mexico Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 165 Mexico Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 166 Mexico Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 167 Mexico Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 168 Mexico Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 169 Mexico Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 170 Mexico Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 171 Mexico Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 172 Mexico Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 173 Mexico Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 174 Mexico Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 175 Mexico Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 176 Mexico Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 177 Mexico Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 178 Mexico Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 179 Mexico Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 180 Mexico Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 181 Mexico Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 182 Mexico Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 183 Europe Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 184 Europe Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 185 Europe Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 186 Europe Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 187 Europe Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 188 Europe Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 189 Europe Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 190 Europe Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 191 Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 192 Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 193 Europe Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 194 Europe Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 195 Europe Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 196 Europe Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 197 Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 198 Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 199 Europe Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 200 Europe Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 201 Europe Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 202 Europe Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 203 Europe Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 204 Europe Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 205 Europe Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 206 Europe Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 207 Europe Electric Vehicle Charging Networks Market, by Country, 2017-2022 (US$ Mn) TABLE 208 Europe Electric Vehicle Charging Networks Market, by Country, 2023-2030 (US$ Mn) TABLE 209 Germany Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 210 Germany Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 211 Germany Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 212 Germany Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 213 Germany Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 214 Germany Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 215 Germany Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 216 Germany Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 217 Germany Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 218 Germany Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 219 Germany Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 220 Germany Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 221 Germany Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 222 Germany Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 223 Germany Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 224 Germany Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 225 Germany Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 226 Germany Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 227 Germany Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 228 Germany Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 229 Germany Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 230 Germany Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 231 Germany Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 232 Germany Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 233 France Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 234 France Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 235 France Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 236 France Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 237 France Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 238 France Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 239 France Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 240 France Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 241 France Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 242 France Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 243 France Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 244 France Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 245 France Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 246 France Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 247 France Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 248 France Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 249 France Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 250 France Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 251 France Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 252 France Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 253 France Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 254 France Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 255 France Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 256 France Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 257 United Kingdom Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 258 United Kingdom Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 259 United Kingdom Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 260 United Kingdom Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 261 United Kingdom Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 262 United Kingdom Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 263 United Kingdom Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 264 United Kingdom Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 265 United Kingdom Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 266 United Kingdom Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 267 United Kingdom Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 268 United Kingdom Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 269 United Kingdom Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 270 United Kingdom Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 271 United Kingdom Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 272 United Kingdom Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 273 United Kingdom Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 274 United Kingdom Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 275 United Kingdom Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 276 United Kingdom Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 277 United Kingdom Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 278 United Kingdom Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 279 United Kingdom Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 280 United Kingdom Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 281 Italy Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 282 Italy Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 283 Italy Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 284 Italy Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 285 Italy Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 286 Italy Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 287 Italy Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 288 Italy Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 289 Italy Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 290 Italy Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 291 Italy Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 292 Italy Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 293 Italy Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 294 Italy Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 295 Italy Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 296 Italy Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 297 Italy Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 298 Italy Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 299 Italy Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 300 Italy Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 301 Italy Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 302 Italy Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 303 Italy Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 304 Italy Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 305 Spain Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 306 Spain Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 307 Spain Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 308 Spain Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 309 Spain Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 310 Spain Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 311 Spain Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 312 Spain Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 313 Spain Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 314 Spain Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 315 Spain Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 316 Spain Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 317 Spain Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 318 Spain Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 319 Spain Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 320 Spain Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 321 Spain Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 322 Spain Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 323 Spain Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 324 Spain Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 325 Spain Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 326 Spain Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 327 Spain Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 328 Spain Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 329 Benelux Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 330 Benelux Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 331 Benelux Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 332 Benelux Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 333 Benelux Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 334 Benelux Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 335 Benelux Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 336 Benelux Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 337 Benelux Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 338 Benelux Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 339 Benelux Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 340 Benelux Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 341 Benelux Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 342 Benelux Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 343 Benelux Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 344 Benelux Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 345 Benelux Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 346 Benelux Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 347 Benelux Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 348 Benelux Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 349 Benelux Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 350 Benelux Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 351 Benelux Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 352 Benelux Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 353 Russia Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 354 Russia Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 355 Russia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 356 Russia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 357 Russia Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 358 Russia Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 359 Russia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 360 Russia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 361 Russia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 362 Russia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 363 Russia Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 364 Russia Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 365 Russia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 366 Russia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 367 Russia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 368 Russia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 369 Russia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 370 Russia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 371 Russia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 372 Russia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 373 Russia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 374 Russia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 375 Russia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 376 Russia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 377 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 378 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 379 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 380 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 381 Rest of Europe Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 382 Rest of Europe Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 383 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 384 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 385 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 386 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 387 Rest of Europe Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 388 Rest of Europe Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 389 Rest of Europe Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 390 Rest of Europe Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 391 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 392 Rest of Europe Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 393 Rest of Europe Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 394 Rest of Europe Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 395 Rest of Europe Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 396 Rest of Europe Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 397 Rest of Europe Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 398 Rest of Europe Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 399 Rest of Europe Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 400 Rest of Europe Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 401 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 402 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 403 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 404 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 405 Asia Pacific Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 406 Asia Pacific Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 407 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 408 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 409 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 410 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 411 Asia Pacific Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 412 Asia Pacific Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 413 Asia Pacific Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 414 Asia Pacific Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 415 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 416 Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 417 Asia Pacific Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 418 Asia Pacific Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 419 Asia Pacific Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 420 Asia Pacific Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 421 Asia Pacific Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 422 Asia Pacific Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 423 Asia Pacific Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 424 Asia Pacific Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 425 China Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 426 China Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 427 China Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 428 China Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 429 China Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 430 China Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 431 China Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 432 China Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 433 China Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 434 China Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 435 China Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 436 China Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 437 China Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 438 China Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 439 China Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 440 China Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 441 China Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 442 China Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 443 China Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 444 China Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 445 China Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 446 China Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 447 China Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 448 China Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 449 Japan Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 450 Japan Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 451 Japan Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 452 Japan Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 453 Japan Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 454 Japan Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 455 Japan Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 456 Japan Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 457 Japan Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 458 Japan Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 459 Japan Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 460 Japan Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 461 Japan Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 462 Japan Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 463 Japan Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 464 Japan Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 465 Japan Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 466 Japan Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 467 Japan Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 468 Japan Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 469 Japan Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 470 Japan Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 471 Japan Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 472 Japan Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 473 India Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 474 India Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 475 India Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 476 India Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 477 India Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 478 India Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 479 India Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 480 India Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 481 India Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 482 India Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 483 India Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 484 India Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 485 India Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 486 India Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 487 India Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 488 India Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 489 India Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 490 India Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 491 India Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 492 India Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 493 India Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 494 India Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 495 India Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 496 India Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 497 South Korea Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 498 South Korea Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 499 South Korea Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 500 South Korea Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 501 South Korea Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 502 South Korea Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 503 South Korea Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 504 South Korea Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 505 South Korea Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 506 South Korea Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 507 South Korea Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 508 South Korea Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 509 South Korea Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 510 South Korea Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 511 South Korea Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 512 South Korea Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 513 South Korea Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 514 South Korea Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 515 South Korea Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 516 South Korea Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 517 South Korea Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 518 South Korea Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 519 South Korea Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 520 South Korea Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 521 South-East Asia Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 522 South-East Asia Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 523 South-East Asia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 524 South-East Asia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 525 South-East Asia Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 526 South-East Asia Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 527 South-East Asia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 528 South-East Asia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 529 South-East Asia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 530 South-East Asia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 531 South-East Asia Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 532 South-East Asia Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 533 South-East Asia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 534 South-East Asia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 535 South-East Asia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 536 South-East Asia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 537 South-East Asia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 538 South-East Asia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 539 South-East Asia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 540 South-East Asia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 541 South-East Asia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 542 South-East Asia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 543 South-East Asia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 544 South-East Asia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 545 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 546 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 547 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 548 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 549 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 550 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 551 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 552 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 553 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 554 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 555 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 556 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 557 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 558 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 559 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 560 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 561 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 562 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 563 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 564 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 565 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 566 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 567 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 568 Rest of Asia Pacific Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 569 Latin America Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 570 Latin America Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 571 Latin America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 572 Latin America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 573 Latin America Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 574 Latin America Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 575 Latin America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 576 Latin America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 577 Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 578 Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 579 Latin America Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 580 Latin America Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 581 Latin America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 582 Latin America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 583 Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 584 Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 585 Latin America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 586 Latin America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 587 Latin America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 588 Latin America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 589 Latin America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 590 Latin America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 591 Latin America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 592 Latin America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 593 Brazil Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 594 Brazil Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 595 Brazil Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 596 Brazil Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 597 Brazil Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 598 Brazil Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 599 Brazil Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 600 Brazil Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 601 Brazil Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 602 Brazil Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 603 Brazil Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 604 Brazil Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 605 Brazil Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 606 Brazil Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 607 Brazil Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 608 Brazil Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 609 Brazil Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 610 Brazil Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 611 Brazil Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 612 Brazil Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 613 Brazil Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 614 Brazil Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 615 Brazil Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 616 Brazil Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 617 Argentina Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 618 Argentina Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 619 Argentina Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 620 Argentina Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 621 Argentina Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 622 Argentina Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 623 Argentina Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 624 Argentina Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 625 Argentina Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 626 Argentina Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 627 Argentina Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 628 Argentina Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 629 Argentina Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 630 Argentina Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 631 Argentina Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 632 Argentina Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 633 Argentina Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 634 Argentina Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 635 Argentina Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 636 Argentina Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 637 Argentina Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 638 Argentina Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 639 Argentina Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 640 Argentina Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 641 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 642 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 643 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 644 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 645 Rest of Latin America Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 646 Rest of Latin America Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 647 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 648 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 649 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 650 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 651 Rest of Latin America Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 652 Rest of Latin America Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 653 Rest of Latin America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 654 Rest of Latin America Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 655 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 656 Rest of Latin America Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 657 Rest of Latin America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 658 Rest of Latin America Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 659 Rest of Latin America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 660 Rest of Latin America Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 661 Rest of Latin America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 662 Rest of Latin America Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 663 Rest of Latin America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 664 Rest of Latin America Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 665 Middle East Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 666 Middle East Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 667 Middle East Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 668 Middle East Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 669 Middle East Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 670 Middle East Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 671 Middle East Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 672 Middle East Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 673 Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 674 Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 675 Middle East Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 676 Middle East Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 677 Middle East Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 678 Middle East Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 679 Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 680 Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 681 Middle East Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 682 Middle East Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 683 Middle East Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 684 Middle East Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 685 Middle East Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 686 Middle East Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 687 Middle East Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 688 Middle East Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 689 UAE Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 690 UAE Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 691 UAE Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 692 UAE Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 693 UAE Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 694 UAE Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 695 UAE Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 696 UAE Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 697 UAE Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 698 UAE Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 699 UAE Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 700 UAE Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 701 UAE Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 702 UAE Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 703 UAE Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 704 UAE Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 705 UAE Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 706 UAE Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 707 UAE Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 708 UAE Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 709 UAE Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 710 UAE Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 711 UAE Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 712 UAE Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 713 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 714 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 715 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 716 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 717 Saudi Arabia Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 718 Saudi Arabia Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 719 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 720 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 721 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 722 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 723 Saudi Arabia Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 724 Saudi Arabia Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 725 Saudi Arabia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 726 Saudi Arabia Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 727 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 728 Saudi Arabia Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 729 Saudi Arabia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 730 Saudi Arabia Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 731 Saudi Arabia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 732 Saudi Arabia Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 733 Saudi Arabia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 734 Saudi Arabia Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 735 Saudi Arabia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 736 Saudi Arabia Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 737 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 738 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 739 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 740 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 741 Rest of Middle East Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 742 Rest of Middle East Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 743 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 744 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 745 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 746 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 747 Rest of Middle East Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 748 Rest of Middle East Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 749 Rest of Middle East Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 750 Rest of Middle East Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 751 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 752 Rest of Middle East Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 753 Rest of Middle East Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 754 Rest of Middle East Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 755 Rest of Middle East Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 756 Rest of Middle East Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 757 Rest of Middle East Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 758 Rest of Middle East Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 759 Rest of Middle East Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 760 Rest of Middle East Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 761 Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 762 Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 763 Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 764 Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 765 Africa Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 766 Africa Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 767 Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 768 Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 769 Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 770 Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 771 Africa Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 772 Africa Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 773 Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 774 Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 775 Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 776 Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 777 Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 778 Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 779 Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 780 Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 781 Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 782 Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 783 Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 784 Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 785 South Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 786 South Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 787 South Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 788 South Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 789 South Africa Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 790 South Africa Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 791 South Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 792 South Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 793 South Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 794 South Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 795 South Africa Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 796 South Africa Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 797 South Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 798 South Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 799 South Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 800 South Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 801 South Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 802 South Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 803 South Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 804 South Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 805 South Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 806 South Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 807 South Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 808 South Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 809 Egypt Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 810 Egypt Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 811 Egypt Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 812 Egypt Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 813 Egypt Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 814 Egypt Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 815 Egypt Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 816 Egypt Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 817 Egypt Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 818 Egypt Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 819 Egypt Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 820 Egypt Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 821 Egypt Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 822 Egypt Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 823 Egypt Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 824 Egypt Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 825 Egypt Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 826 Egypt Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 827 Egypt Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 828 Egypt Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 829 Egypt Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 830 Egypt Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 831 Egypt Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 832 Egypt Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn) TABLE 833 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2017-2022 (US$ Mn) TABLE 834 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Station Types, 2023-2030 (US$ Mn) TABLE 835 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2017-2022 (US$ Mn) TABLE 836 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Power Levels, 2023-2030 (US$ Mn) TABLE 837 Rest of Africa Electric Vehicle Charging Networks Market, by Business Models, 2017-2022 (US$ Mn) TABLE 838 Rest of Africa Electric Vehicle Charging Networks Market, by Business Models, 2023-2030 (US$ Mn) TABLE 839 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2017-2022 (US$ Mn) TABLE 840 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Network Operators, 2023-2030 (US$ Mn) TABLE 841 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2017-2022 (US$ Mn) TABLE 842 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Components, 2023-2030 (US$ Mn) TABLE 843 Rest of Africa Electric Vehicle Charging Networks Market, by Payment Models, 2017-2022 (US$ Mn) TABLE 844 Rest of Africa Electric Vehicle Charging Networks Market, by Payment Models, 2023-2030 (US$ Mn) TABLE 845 Rest of Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2017-2022 (US$ Mn) TABLE 846 Rest of Africa Electric Vehicle Charging Networks Market, by Smart Charging Solutions, 2023-2030 (US$ Mn) TABLE 847 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2017-2022 (US$ Mn) TABLE 848 Rest of Africa Electric Vehicle Charging Networks Market, by Charging Infrastructure Connectivity, 2023-2030 (US$ Mn) TABLE 849 Rest of Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2017-2022 (US$ Mn) TABLE 850 Rest of Africa Electric Vehicle Charging Networks Market, by Innovative Charging Solutions, 2023-2030 (US$ Mn) TABLE 851 Rest of Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2017-2022 (US$ Mn) TABLE 852 Rest of Africa Electric Vehicle Charging Networks Market, by Battery Swapping Stations, 2023-2030 (US$ Mn) TABLE 853 Rest of Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2017-2022 (US$ Mn) TABLE 854 Rest of Africa Electric Vehicle Charging Networks Market, by Energy Storage Integration, 2023-2030 (US$ Mn) TABLE 855 Rest of Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2017-2022 (US$ Mn) TABLE 856 Rest of Africa Electric Vehicle Charging Networks Market, by Government Initiatives and Policies, 2023-2030 (US$ Mn)

In 2022, the market for electric vehicle charging networks was estimated to be worth USD 12.5 million.

The market for electric vehicle charging networks is anticipated to increase at a CAGR of 46.80% from 2023 to 2030, reaching USD 269.59 million in 2030.

Public charging stations are the most popular category of charging station types.

DC fast charging (Level 3), by charging power levels, is the notable segment.

The grid integration category is anticipated to exhibit the highest CAGR during the projection period.

Asia Pacific ruled the electric vehicle charging networks market.

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Wireless Electric Vehicle Charging Market

Global Wireless Electric Vehicle Charging Market to Grow at a CAGR of 36.40% During 2024-2032, Aided by the Growing Technological Advancements

Wireless Electric Vehicle Charging Market

Global Wireless Electric Vehicle Charging Market Size, Share: By Power Source: 3≤11 KW, 11-50 KW, >50 KW; By Charging Method: Capacitive Wireless Power Transfer, Magnetic Gear Wireless Power Transfer, Others; By Installation; By Distribution Channel; By Vehicle type; Regional Analysis; Competitive Landscape; 2024-2032

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Global Wireless Electric Vehicle Charging Market Outlook

The global wireless electric vehicle charging market stood at a value of around USD 23.92 million in 2023. The market is further expected to grow at a CAGR of 36.40% in the forecast period of 2024-2032 to attain a value of USD 390.57 million by 2032.       

Global Wireless Electric Vehicle Charging Market

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Increasing Preference for Resonant Inductive Power Transfer Method to Account for a Considerable Market Share of the Global Wireless Electric Vehicle Charging Industry

Based on charging method, the resonant inductive power transfer segment is predicted to hold a considerable market share in the wireless electric vehicle charging industry. This growth can be attributed to the increased implementation of resonant inductive power transfer mechanism owing to its high-quality transfer of power at a high rate through the use of resonance. In addition, the power can be transferred over a long distance through this mechanism, which is expected to further aid the segment growth.

The Asia Pacific to Occupy a Significant Market Share in the Global Wireless Electric Vehicle Charging Industry

The Asia Pacific is estimated to hold a significant share of the wireless electric vehicle charging industry in the forecast period. This growth can be attributed to the heightened demand for electric vehicles in the region, especially in China, as a consequence of increasing pollution levels. In addition, the steadily increasing global population and the rising disposable incomes are also predicted to propel the market growth. Furthermore, the development of environment-oriented policies put forth to mitigate the carbon emissions in the region is also estimated to aid the market growth.

Wireless Electric Vehicle Charging: Market Segmentation

Wireless electric vehicle charging is an emerging phenomenon, wherein individuals can charge their EVs without the need of wired cables. Wireless charging allows for automatic charging that can be done by parking the car on a commercial charging spot, which can also be home installed. In addition, the increasing technological advancements are leading to the development of on-the-go charging systems. The major advantages of this technology include reduced infrastructure costs, high speed charging, low maintenance costs, and no electromagnetic emissions, among others.

Global Wireless Electric Vehicle Charging Market by Segment

By power source, the market is divided into:

On the basis of charging method, the market can be segmented into:

  • Capacitive Wireless Power Transfer
  • Magnetic Gear Wireless Power Transfer
  • Resonant Inductive Power Transfer
  • Inductive Power Transfer

Based on installation, the industry can be bifurcated into:

On the basis of distribution channel, the market can be distributed into:

  • Aftermarket

Based on vehicle type, the market can be categorised into:

  • Battery Electric Vehicle
  • Plug-in Hybrid Electric Vehicle
  • Commercial EV

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Wireless Electric Vehicle Charging Market by Region

Increased Pollution Worldwide to Drive the Global Wireless Electric Vehicle Charging Industry

According to the World Bank, pollution is the number one cause of disease and premature death, with 9 million deaths yearly caused as a direct result of air, water, and land pollution. As a result, governments are strategising policies to mitigate pollution levels and global carbon emissions in order to counter the issues of global warming. This is leading to innovations such as the development of electric vehicles that utilise sustainable and renewable energy such as electricity, which serves as an alternative to the usage of conventional crude oil and fuels. This is estimated to spearhead the demand for electric vehicles worldwide. Moreover, the rapid investments in the R&D of electric vehicle charging mechanisms and the development of wireless charging outlets are also predicted to observe an increased demand in the coming years. Furthermore, the rapid technological advancements are also expected to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.

Key Industry Players in the Global Wireless Electric Vehicle Charging Market

The report gives a detailed analysis of the following key players in the global wireless electric vehicle charging market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Bombardier Inc.
  • Continental AG
  • Plugless Power Inc
  • Fulton Innovation LLC
  • Qualcomm Technologies, Inc.

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

Key Highlights of the Report

2023
2018-2023
2024-2032

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

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Wireless Electric Vehicle Charging Market Report Snapshots

Wireless Electric Vehicle Charging Market Size

Wireless Electric Vehicle Charging Market Share

Wireless Electric Vehicle Charging Market Growth

Wireless Electric Vehicle Charging Market Regional Analysis

Wireless Electric Vehicle Charging Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface 2    Report Coverage – Key Segmentation and Scope 3    Report Description     3.1    Market Definition and Outlook     3.2    Properties and Applications     3.3    Market Analysis     3.4    Key Players 4    Key Assumptions 5    Executive Summary     5.1    Overview     5.2    Key Drivers     5.3    Key Developments     5.4    Competitive Structure     5.5    Key Industrial Trends 6    Snapshot     6.1    Global      6.2    Regional 7    Opportunities and Challenges in the Market 8    Global Wireless Electric Vehicle Charging Market Analysis     8.1    Key Industry Highlights     8.2    Global Wireless Electric Vehicle Charging Historical Market (2018-2023)      8.3    Global Wireless Electric Vehicle Charging Market Forecast (2024-2032)     8.4    Global Wireless Electric Vehicle Charging Market by Power Source          8.4.1    3≤11 KW             8.4.1.1    Historical Trend (2018-2023)             8.4.1.2    Forecast Trend (2024-2032)         8.4.2    11-50 KW             8.4.2.1    Historical Trend (2018-2023)             8.4.2.2    Forecast Trend (2024-2032)         8.4.3    >50 KW             8.4.3.1    Historical Trend (2018-2023)             8.4.3.2    Forecast Trend (2024-2032)     8.5    Global Wireless Electric Vehicle Charging Market by Charging Method         8.5.1    Capacitive Wireless Power Transfer             8.5.1.1    Historical Trend (2018-2023)             8.5.1.2    Forecast Trend (2024-2032)         8.5.2    Magnetic Gear Wireless Power Transfer             8.5.2.1    Historical Trend (2018-2023)             8.5.2.2    Forecast Trend (2024-2032)         8.5.3    Resonant Inductive Power Transfer             8.5.3.1    Historical Trend (2018-2023)             8.5.3.2    Forecast Trend (2024-2032)         8.5.4    Inductive Power Transfer             8.5.4.1    Historical Trend (2018-2023)             8.5.4.2    Forecast Trend (2024-2032)     8.6    Global Wireless Electric Vehicle Charging Market by Installation         8.6.1    Home              8.6.1.1    Historical Trend (2018-2023)             8.6.1.2    Forecast Trend (2024-2032)         8.6.2    Commercial             8.6.2.1    Historical Trend (2018-2023)             8.6.2.2    Forecast Trend (2024-2032)     8.7    Global Wireless Electric Vehicle Charging Market by Distribution Channel         8.7.1    OEMs               8.7.1.1    Historical Trend (2018-2023)             8.7.1.2    Forecast Trend (2024-2032)         8.7.2    Aftermarket             8.7.2.1    Historical Trend (2018-2023)             8.7.2.2    Forecast Trend (2024-2032)     8.8    Global Wireless Electric Vehicle Charging Market by Vehicle type         8.8.1    Battery Electric Vehicle              8.8.1.1    Historical Trend (2018-2023)             8.8.1.2    Forecast Trend (2024-2032)         8.8.2    Plug-in Hybrid Electric Vehicle             8.8.2.1    Historical Trend (2018-2023)             8.8.2.2    Forecast Trend (2024-2032)         8.8.3    Commercial EV             8.8.3.1    Historical Trend (2018-2023)             8.8.3.2    Forecast Trend (2024-2032)     8.9    Global Wireless Electric Vehicle Charging Market by Region         8.9.1    North America             8.9.1.1    Historical Trend (2018-2023)              8.9.1.2    Forecast Trend (2024-2032)         8.9.2    Europe             8.9.2.1    Historical Trend (2018-2023)              8.9.2.2    Forecast Trend (2024-2032)         8.9.3    Asia Pacific             8.9.3.1    Historical Trend (2018-2023)              8.9.3.2    Forecast Trend (2024-2032)         8.9.4    Latin America             8.9.4.1    Historical Trend (2018-2023)              8.9.4.2    Forecast Trend (2024-2032)         8.9.5    Middle East and Africa             8.9.5.1    Historical Trend (2018-2023)              8.9.5.2    Forecast Trend (2024-2032) 9    North America Wireless Electric Vehicle Charging Market Analysis     9.1    United States of America          9.1.1    Historical Trend (2018-2023)          9.1.2    Forecast Trend (2024-2032)     9.2    Canada         9.2.1    Historical Trend (2018-2023)          9.2.2    Forecast Trend (2024-2032) 10    Europe Wireless Electric Vehicle Charging Market Analysis     10.1    United Kingdom         10.1.1    Historical Trend (2018-2023)          10.1.2    Forecast Trend (2024-2032)     10.2    Germany         10.2.1    Historical Trend (2018-2023)          10.2.2    Forecast Trend (2024-2032)     10.3    France         10.3.1    Historical Trend (2018-2023)          10.3.2    Forecast Trend (2024-2032)     10.4    Italy         10.4.1    Historical Trend (2018-2023)          10.4.2    Forecast Trend (2024-2032)     10.5    Others 11    Asia Pacific  Wireless Electric Vehicle Charging Market Analysis     11.1    China         11.1.1    Historical Trend (2018-2023)          11.1.2    Forecast Trend (2024-2032)     11.2    Japan         11.2.1    Historical Trend (2018-2023)          11.2.2    Forecast Trend (2024-2032)     11.3    India         11.3.1    Historical Trend (2018-2023)          11.3.2    Forecast Trend (2024-2032)     11.4    ASEAN         11.4.1    Historical Trend (2018-2023)          11.4.2    Forecast Trend (2024-2032)     11.5    Australia         11.5.1    Historical Trend (2018-2023)          11.5.2    Forecast Trend (2024-2032)     11.6    Others 12    Latin America Wireless Electric Vehicle Charging Market Analysis     12.1    Brazil         12.1.1    Historical Trend (2018-2023)          12.1.2    Forecast Trend (2024-2032)     12.2    Argentina         12.2.1    Historical Trend (2018-2023)          12.2.2    Forecast Trend (2024-2032)     12.3    Mexico         12.3.1    Historical Trend (2018-2023)          12.3.2    Forecast Trend (2024-2032)     12.4    Others 13    Middle East and Africa Wireless Electric Vehicle Charging Market Analysis     13.1    Saudi Arabia         13.1.1    Historical Trend (2018-2023)          13.1.2    Forecast Trend (2024-2032)     13.2    United Arab Emirates         13.2.1    Historical Trend (2018-2023)          13.2.2    Forecast Trend (2024-2032)     13.3    Nigeria         13.3.1    Historical Trend (2018-2023)          13.3.2    Forecast Trend (2024-2032)     13.4    South Africa         13.4.1    Historical Trend (2018-2023)          13.4.2    Forecast Trend (2024-2032)     13.5    Others 14    Market Dynamics     14.1    SWOT Analysis         14.1.1    Strengths         14.1.2    Weaknesses         14.1.3    Opportunities         14.1.4    Threats     14.2    Porter’s Five Forces Analysis         14.2.1    Supplier’s Power         14.2.2    Buyer’s Power         14.2.3    Threat of New Entrants         14.2.4    Degree of Rivalry         14.2.5    Threat of Substitutes     14.3    Key Indicators for Demand     14.4    Key Indicators for Price 15    Value Chain Analysis 16    Competitive Landscape     16.1    Market Structure     16.2    Company Profiles         16.2.1     Bombardier Inc.             16.2.1.1    Company Overview             16.2.1.2    Product Portfolio             16.2.1.3    Demographic Reach and Achievements             16.2.1.4    Certifications         16.2.2    Continental AG             16.2.2.1    Company Overview             16.2.2.2    Product Portfolio             16.2.2.3    Demographic Reach and Achievements             16.2.2.4    Certifications         16.2.3    Plugless Power Inc             16.2.3.1    Company Overview             16.2.3.2    Product Portfolio             16.2.3.3    Demographic Reach and Achievements             16.2.3.4    Certifications         16.2.4    Fulton Innovation LLC             16.2.4.1    Company Overview             16.2.4.2    Product Portfolio             16.2.4.3    Demographic Reach and Achievements             16.2.4.4    Certifications         16.2.5    Qualcomm Technologies, Inc.             16.2.5.1    Company Overview             16.2.5.2    Product Portfolio             16.2.5.3    Demographic Reach and Achievements             16.2.5.4    Certifications         16.2.6    Others 17    Key Trends and Developments in the Market

List of Key Figures and Tables

1.    Global Wireless Electric Vehicle Charging Market: Key Industry Highlights, 2018 and 2032 2.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Power source (USD Million), 2018-2023 3.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Power Source (USD Million), 2024-2032 4.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Charging Method (USD Million), 2018-2023 5.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Charging Method (USD Million), 2024-2032 6.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Installation (USD Million), 2018-2023 7.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Installation (USD Million), 2024-2032 8.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023 9.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032 10.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023 11.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032 12.    Global Wireless Electric Vehicle Charging Historical Market: Breakup by Region (USD Million), 2018-2023 13.    Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Region (USD Million), 2024-2032 14.    North America Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023 15.    North America Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032 16.    Europe Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023 17.    Europe Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032 18.    Asia Pacific Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023 19.    Asia Pacific Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032 20.    Latin America Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023 21.    Latin America Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032 22.    Middle East and Africa Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023 23.    Middle East and Africa Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032 24.    Global Wireless Electric Vehicle Charging Market Structure

What was the global wireless electric vehicle charging market size in 2023?

In 2023, the global wireless electric vehicle charging market attained a value of nearly USD 23.92 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 36.40% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 390.57 million by 2032.       

What are the major market drivers?

The major market drivers are the increasing demand for electric vehicles, the surging development of wireless electric vehicle charging outlets, and growing investments in R&D activities by key players.

What are the key trends of the market?

The key trends propelling the market growth include rapid technological advancements and favourable government regulations aimed at promoting electric vehicle sales.

What are the major regional markets of wireless electric vehicle charging, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the significant power sources considered within the market report?

The major power sources considered in the market report include 3≤11 KW, 11-50 KW, and >50 KW.

What are the significant charging methods considered within in the market report?

The significant charging methods considered in the market report are capacitive wireless power transfer, magnetic gear wireless power transfer, resonant inductive power transfer, and inductive power transfer.

What are the various segments based on installations of wireless electric vehicle charging considered in the market report?

The various segments based on installations of wireless electric vehicle charging considered in the market report are home and commercial.

What are the major distribution channels of the product?

The major distribution channels include OEMs and aftermarket.

What are the significant segments based on vehicle types considered in the market report?

The significant segments based on vehicle types considered in the market report are battery electric vehicle, plug-in hybrid electric vehicles, and commercial EV.

Who are the key wireless electric vehicle charging market players, according to the report?

The major players in the market are Bombardier Inc., Continental AG, Plugless Power Inc, Fulton Innovation LLC, and Qualcomm Technologies, Inc., among others.

The global wireless electric vehicle charging market attained a value of USD 23.92 million in 2023, driven by the increased adoption of electric vehicles. Aided by the favourable government regulations, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 36.40%. The market is projected to reach USD 390.57 million by 2032.       

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of power source, the market can be distributed into 3≤11 KW, 11-50 KW, and >50 KW. By charging method, the industry can be segmented into capacitive wireless power transfer, magnetic gear wireless power transfer, resonant inductive power transfer, and inductive power transfer. On the basis of vehicle type, the industry can be segregated into home and commercial. The industry can be categorised based on distribution channel into OEMs and aftermarket. Based on installation, the market can be divided into battery electric vehicle, plug-in hybrid electric vehicle, and commercial EV. The major regional markets for wireless electric vehicle charging are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bombardier Inc., Continental AG, Plugless Power Inc, Fulton Innovation LLC, Qualcomm Technologies, Inc., and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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Press Release

Price Forecast

The state of EV charging in America: Harvard research shows chargers 78% reliable and pricing like the ‘Wild West’

Featuring Omar Asensio . By Barbara DeLollis and Glen Justice on June 26, 2024 .

Headshot of Dr. Omar Asensio

BiGS Actionable Intelligence:

BOSTON — New data-driven research led by a Harvard Business School fellow reveals a significant obstacle to increasing electric vehicle (EV) sales and decreasing carbon emissions in the United States: owners’ deep frustration with the state of charging infrastructure, including unreliability, erratic pricing, and lack of charging locations.

The research proves that frustration extends beyond “range anxiety,” the common fear that EV batteries won't maintain enough charge to reach a destination. Current EV drivers don’t see that as a dominant issue. Instead, many have "charge anxiety," a fear about keeping an EV powered and moving, according to scholar Omar Asensio, the climate fellow at HBS’s Institute for the Study of Business in Global Society (BiGS) who led the study.

Asensio’s research is based on a first-ever examination of more than 1 million charging station reviews by EV drivers across North America, Europe, and Asia written over 10 years. In their reviews, these drivers described how they regularly encounter broken and malfunctioning chargers, erratic and secretive pricing, and even “charging deserts” — entire counties in states such as Washington and Virginia that don’t have a single public charger and that have even lost previously available chargers. EV drivers also routinely watch gas-engine vehicle drivers steal parking spots reserved for EV charging.

Asensio said that listening to the current drivers — owners rather than potential buyers — provides a new window on the state of America’s charging system because drivers are incredibly candid about their experiences.

“It’s different than what any one company or network would want you to believe,” said Asensio, who is also an associate professor at the Georgia Institute of Technology . He added that most charging providers don’t share their data and have few regulatory incentives to do so.

Research: EV chargers less reliable than gas pumps

One of the study’s main findings, discovered using customized artificial intelligence (AI) models trained on EV review data, is that charging stations in the U.S. have an average reliability score of only 78%, meaning that about one in five don’t work. They are, on average, less reliable than regular gas stations, Asensio said. “Imagine if you go to a traditional gas station and two out of 10 times the pumps are out of order,” he said. “Consumers would revolt.”

Elizabeth Bruce, director, Microsoft Innovation and Society, said, "This project is a great example of how increasing access to emerging AI technologies enables researchers to better understand how we can build a more sustainable and equitable society.”

Asensio’s research is timely as U.S. policymakers, entrepreneurs, automakers such as General Motors and Tesla , and others grapple with how to develop the nation’s charging network, who should finance it, and who should maintain it. Because charging influences vehicle sales and the ability to meet emissions targets, it’s a serious question. EV sales have climbed, topping 1 million in 2023, but concerns over batteries and charging could slow that growth.

Today, there are more than 64,000 public EV charging stations in the U.S., according to the U.S. Department of Energy's Alternative Fuels Data Center. Experts say that the nation needs many times more to make a smooth, sustainable, and equitable transition away from gas-powered vehicles — and to minimize the anxiety surrounding EVs.

“I couldn’t even convince my mother to buy an EV recently,” Asensio said. “Her decision wasn’t about the price. She said charging isn’t convenient enough yet to justify learning an entirely new way of driving.”

Reviews give voice to 1 million drivers

An economist and engineer by training, Asensio has been studying EV infrastructure since its infancy in 2010. At that time, the consensus among experts was that the private sector would finance a flourishing charging network, Asensio said. But that didn’t happen at the scale expected, which sparked his curiosity about how the charging market would emerge at points of interest rather than only near highways.

To get answers, Asensio focused on consumer reviews “because they offer objective, unsolicited evidence of peoples’ experience,” he said.

The smartphone apps that EV drivers use to pay for charging sessions allow them to review each station for factors such as functionality and pricing in real-time, much like consumers do on Yelp or Amazon. Asensio and his team, supported by Microsoft and National Science Foundation awards, spent years building models and training AI tools to extract insights and make predictions from drivers leaving these reviews in more than 72 languages.

Until now, this type of data hasn’t existed anywhere, leaving consumers, policymakers, and business leaders — including auto industry executives — in the dark.

Research reveals five facts about EV life

Here are some of the top findings from Asensio’s research about public EV charging stations:

Reliability problems. EV drivers often find broken equipment, making charging unreliable at best and simply not as easy as the old way of topping off a tank of gas. The reason? “No one’s maintaining these stations,” Asensio said. Entrepreneurs are already stepping in with a solution. For example, at Harvard Business School’s climate conference in April 2023, ChargerHelp! Co-founder Evette Ellis explained that her Los Angeles-based technology startup trains people to operate and maintain public charging stations. But until quality control improves nationwide, drivers will likely continue to encounter problems.

Driver clashes. One consumer complaint that surprised Asensio was a mysterious gripe from drivers about “getting ICE’d.” The researchers didn’t know what it meant, so they did some digging and discovered that ICE stands for “internal combustion engine.” EV drivers adopted the term to grouse about gas-fueled car drivers stealing their public EV charger spots for parking.

Price confusion. Drivers are vexed by the pricing they encounter at public charging stations, which are owned by a mix of providers, follow different pricing models, and do not regularly disclose pricing information. The result is often surprises on the road. As one reviewer wrote, “$21.65 to charge!!!!!!! Holy moly!!!! Don’t come here unless you are desperate!!”

Equity questions. Public charging stations are not equally distributed across the U.S., concentrated more heavily in large population centers and wealthy communities and less so in rural areas and smaller cities. The result is that drivers have disparate experiences, well-served in some areas and starved in others. Some parts of the country have become “charging deserts,” with no station at all.

Commercial questions. Commercial drivers in many areas can’t find enough public EV charging stations to reliably charge their cars. Here too, drivers are having very different experiences, well-supplied in some areas and not in others.

‘Wild West’ pricing is a major pain point

The research shows that EV drivers are dissatisfied with EV charging station pricing models, likening the situation to the “Wild West.” Indeed, vehicle charging is both unregulated and non-transparent.

Pricing can vary substantially by facility, level of demand, time of day, and other factors, including the type of charger available. A 45-minute fast charger may have one price, while a traditional charger that takes 3 to 5 hours may have another. Pricing can also change by the hour, based on market conditions.

Unlike traditional gas stations, which often display fuel prices on lighted signs, EV stations rarely advertise what charging will cost. Drivers often arrive without any information on what to expect or how to make comparisons, because there’s no reliable way for consumers to find the most cost-effective places to charge. “The government has a source that lists all locations, but not in real-time,” Asensio said. “You might need five different apps to figure it out.”

The driver reviews in Asensio’s data reflect the irritation caused by the current system. “People are getting frustrated because they don’t feel like they’re getting their money’s worth,” he said.

Why is the charging network so opaque? Research conducted by Asensio and his colleagues in 2021 found that charging station hosts, in the absence of regulation, have no incentive to share data — and they don’t. Station hosts are typically privately owned, highly decentralized, not well-monitored, and have highly varied patterns of demand and pricing.

The lack of transparency prevents researchers — and journalists — from investigating trends. In stark contrast to headlines trumpeting the ups and downs of gas prices, news organizations are not reporting on differential pricing among EV charging stations.

‘Charging deserts’ emerge

With municipal, state, and federal governments all pushing to increase the number of electric vehicles on the road and decrease carbon emissions, experts agree that America will need more charging stations — a lot more.

Looking only at Level 2 chargers, which top off an EV battery in 3 to 5 hours and are the most common type, S&P Global Mobility estimates a need for 1.2 million nationwide by 2027 and almost twice that by 2030. That’s in addition to in-home chargers.

Of course, that assumes robust growth in EV sales. “The transition to a vehicle market dominated by electric vehicles (EVs) will take years to fully develop, but it has begun,” said Ian McIlravey, an analyst at S&P. “With the transition comes a need to evolve the public vehicle charging network, and today's charging infrastructure is insufficient to support a drastic increase in the number of EVs in operation.”

Making matters more difficult, the chargers that do exist are not evenly distributed. Predictably, the places with the most public chargers installed are those with the highest number of registered electric vehicles, including states like California, Florida, and Texas. Yet, even as the federal government invests billions in new charging stations, many of them along major transportation corridors, places are left behind.

Asensio’s research shows that small urban centers and rural areas attract fewer public charging stations, and in some cases, there are “charging deserts” with no facilities at all — and they may not be where you think.

For example, electric vehicles are popular in Washington state, which ranked fourth in number of EV registrations and sixth in number of public charging stations in 2023. Yet Ferry County , an area outside Spokane with about 7,500 residents, where the average commute is 25 minutes and the median income is about $46,000, had only one charging station for several years. And now there are none.

Similarly, Virginia ranked 11th in EV registrations and 13th in public chargers in 2023. There, researchers found Wise County, an area outside Roanoke and Knoxville, Tennessee, with about 3,500 residents and a median income of almost $45,000. The county has an average commute time of 22 minutes, but there are no public charging stations available.

EV charging presents a classic “chicken and egg” situation, begging the question of whether cars or charging facilities must come first. However, a lack of public charging in areas like Ferry County and Wise County makes electric vehicle adoption difficult.

As American drivers debate whether to swap their gas-powered vehicles for EVs and lower emissions, Asensio said research should play a larger role. Policymakers, auto manufacturers, entrepreneurs, and investors need more and better data to build infrastructure where it’s needed, provide reliable charging, and facilitate EV sales.

“How [else] can we make effective decisions about the economics of EVs?” Asensio said.

General Motors: ‘Anxiety around EV charging’

Omar Vargas, head of public policy at General Motors, emphasized the importance of public EV charging infrastructure to driving EV adoption during an interview with The BiGS Fix at one of BiGS’ business leadership roundtables in Northern Virginia.

“We're looking at what are the best places to install an EV charging station for a community,” Vargas said. “The anxiety around EV charging is an inhibitor to EV adoption.”

Beyond the public investment in rolling out charging infrastructure, GM (whose brands include Chevrolet and Cadillac) has committed $750 million in private capital to the development of EV charging stations. It is partnering with car dealerships and other companies. For instance, GM is testing charging stations at Flying J rest stops.

GM, which reported full-year revenue of $171.8 billion for 2023 , also is joining community partnership efforts that are being formed to secure federal dollars through state and local governments. “We're helping that kind of planning, and we're pretty confident that in the next couple of years, we're going to have a vigorous EV charging network in the United States,” Vargas said.

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Global Wireless Electric Vehicle Charging Market 2024–2033

Wireless electric vehicle charging systems market size, trends and insights by power supply (less than 11 kw, more than 50 kw, 11 kw to 50 kw), by type (dynamic, static), by component (base pads, vehicle pads, power control units, battery management systems), by technology (capacitive wireless ev charging systems, permanent magnet gear wireless ev charging systems, inductive wireless ev charging systems, resonant inductive wireless ev charging systems), by propulsion (bev, phev), by application (commercial, residential), and by region - global industry overview, statistical data, competitive analysis, share, outlook, and forecast 2024–2033.

Report Code: CMI20116

Published Date: October 2022

Pages: 220+

Category: Power Generation, Transmission And Distribution

  • Product Description

Table of Contents

  • Methodology
  • Key Players

Report Snapshot

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Toyota Motor Corporation
  • TGOOD Global Ltd
  • Toshiba Corporation

Exclusive, in-depth market intelligence can help you increase your Revenue.

Reports Description

The surging demand for fast-charging infrastructure is boosting the market

According to Custom Market Insights (CMI), The  Global Wireless Electric Vehicle Charging Market size   was worth around USD 14 million in 2021 and is expected to reach USD 63 million in 2022 and is predicted to grow to around USD 450 million by 2030 with a compound annual growth rate (CAGR) of roughly 90% between 2022 and 2030.

The report analyses the Wireless Electric Vehicle Charging market’s drivers and restraints and their impact on demand throughout the projection period. In addition, the report examines global opportunities in the global Wireless Electric Vehicle Charging Systems market.

Wireless Electric Vehicle Charging Market: Overview

Electric energy is transmitted to automobiles by electromagnetic induction during wireless electric vehicle charging, which helps charge the vehicle without any cables. Parking the car, positioning it close to a charging station or an inductive pad, and transferring the power require installing a second induction coil in the receiving vehicle. It is a dependable and safe technological approach for transmitting electric power. The most practical, cost-effective, and convenient solution has gained market trend by doing away with cables and connectors and improving vehicle economy. 

Wireless Electric Vehicle Charging Market: COVID–19 Impact Analysis

Early in 2020, the COVID-19 outbreak had a minimal impact on the EV charging sector because of lockdowns. However, due to government incentives worldwide, the demand for EVs and related markets surged in 2021, which boosted the requirement for EV charging stations.

Globally, top EV charger producers and network providers have expanded the number of their personal and public EV chargers. For instance, Shell has over 250,000 EV charging stations worldwide as of December 2021, a massive increase from less than 50,000 in 2020. ABB also had over 400,000 EV charging stations as of December 2021, an increase of more than 100% from the prior year. In addition, all other networks and charging station makers have expanded the availability of EV charging. This market was less affected by the epidemic because of the significant drive by governments worldwide to phase out ICE automobiles.

Wireless Electric Vehicle Charging Market: Growth Drivers

Rising need for fast-charging infrastructure

Due to their effectiveness and environmental friendliness, electric vehicles are becoming increasingly popular, which has increased the need for fast-charging infrastructure. Electric cars are anticipated to be used for both long-distance and city commuting. However, most EVs today have a range of fewer than 100 miles, necessitating quick-charging technologies to guarantee smooth, uninterrupted driving. Since wireless charging can deliver up to 11 kilowatts of power, comparable to level-2 chargers, it offers a viable solution for the expanding, rapidly changing charging requirements. As a result, many wireless technology companies are investing heavily in developing fast-charging wireless power transmission technologies for electric vehicles, including WiTricity Corporation, Momentum Wireless Power, and Wave Inc.

Benefits of wireless charging infrastructure

Increased demand from consumers and the market, along with better benefits like ease of use, low maintenance, high efficiency, reduced cost, smaller battery size, light weight of the battery, zero emission of carbon dioxide, reduced storage of the wires or cables, and no shocks, have all contributed to the development and production of wireless electric vehicle charging vehicles. 

Global Wireless Electric Vehicle Charging Market 2023–2032 (By Type)

Wireless Electric Vehicle Charging Market: Segmentation Analysis

In our research scope, the wireless EV charging market is segmented into type, component, technology, power supply, propulsion, and application. The need for wireless electric vehicle (EV) charging systems is primarily divided into static and dynamic wireless EV charging systems based on type. During the projected period, the static wireless EV charging systems segment is anticipated to grow at the most significant CAGR.

Leading shared mobility and taxi fleet operators worldwide are increasingly adopting stationary wireless EV chargers for fleet charging applications, and numerous pilot projects are being conducted by top automobile OEMs to integrate these chargers into their electric vehicles.

The wireless electric vehicle charging market is classified into four categories based on technology: inductive wireless EV charging systems, resonant inductive wireless EV charging systems, and capacitive wireless EV charging systems. During the projection period, the sector for inductive wireless EV charging systems is anticipated to have the most significant CAGR.

Due to the inductive wireless EV charging systems’ high effectiveness due to the close coupling of the primary and secondary coils, low heat buildup in the system allowing significant power transfer, and increased efforts by major automotive OEMs to incorporate wireless charging capabilities into their vehicles, this market has experienced rapid growth.

Report Scope

Market Size in 2021 USD 14 Million
Projected Market Size in 2030 USD 450 Million
Market Size in 2022 USD 63 million
CAGR Growth Rate 90% CAGR (2022-2030)
Base Year 2023
Forecast Period 2024-2033
Prominent Players Toyota Motor Corporation, TGOOD Global Ltd, Toshiba Corporation, Momentum Dynamics Corporation, Robert Bosch GmbH, Tesla, Continental AG, HELLA GmbH & Co. KGaA, ZTE Corporation, WiTricity Corporation, Qualcomm Technologies, Renesas electronics, Powermat Technologies, Nidec mobility corporation, Evatran group, and Others
Key Segment By Power Supply, Type, Component, Technology, Propulsion, Application, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Insights: 

  • As per the analysis shared by our research analyst, the Wireless Electric Vehicle Charging market is estimated to grow annually at a CAGR of around 90% over the forecast period (2022-2030).
  • In terms of revenue, the Wireless Electric Vehicle Charging market size was valued at around USD 14 million in 2021 and is projected to reach USD 450 million by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on type segmentation, the static wireless EV charging systems segment was estimated to hold the maximum market share in 2021.
  • Based on application segmentation, the commercial wireless EV charging systems segment was the top revenue-generating category in 2021.
  • Based on technology segmentation, the inductive wireless EV charging systems segment is expected to grow at a high CAGR from 2022 to 2030.
  • Based on geography/region, the Europe region was the leading revenue generator in 2021.

Global Wireless Electric Vehicle Charging Market 2023–2032 (By Million)

Recent Development

  • May 2021: In the Austin, Texas, Flex contract manufacturing plant, HEVO developed a ground-based pad and began manufacture and production. 200 units are expected to be ordered, according to estimates, in the first quarter of 2021.
  • December00202021: The Toyota Motor Corporation plans to create cutting-edge technologies, such as a wireless electric power transfer system that allows a car to be charged even as it is being driven. In this system, charging mechanisms for roads on highways or city crossings are involved.

Regional Landscape

In 2021, Europe led the wireless electric vehicle charging market . The widespread use of wireless EV charging systems in Europe is primarily attributed to the region’s growing electric vehicle adoption, numerous wireless EV charging technology pilot projects throughout Europe, and government initiatives to examine the viability of wireless EV charging technology. In addition, to lessen range anxiety related to electric vehicles, electric mobility stakeholders across Europe are initiating new projects to create a sustainable road transportation infrastructure that can charge electric cars on the move.

Competitive Landscape

The industry participants constantly attempt to improve their current product portfolios and develop new products. As a result, these players favor partnerships with other EV producers for strategic growth.

Global Wireless Electric Vehicle Charging Market 2023–2032 (By Power Supply)

Prominent Players:

  • Momentum Dynamics Corporation
  • Robert Bosch GmbH
  • Continental AG
  • HELLA GmbH & Co. KGaA
  • ZTE Corporation
  • WiTricity Corporation
  • Qualcomm Technologies
  • Renesas electronics
  • Powermat Technologies
  • Nidec mobility corporation
  • Evatran Group

The global Wireless Electric Vehicle Charging market is segmented as follows:

By Power Supply

  • Less than 11 kW
  • More than 50 kW
  • 11 kW to 50 kW

By Component 

  • Vehicle Pads
  • Power Control Units
  • Battery Management Systems

By Technology

  • Capacitive Wireless EV Charging Systems
  • Permanent Magnet Gear Wireless EV Charging Systems
  • Inductive Wireless EV Charging Systems
  • Resonant Inductive Wireless EV Charging Systems

By Propulsion

By Application

  • Residential

On the basis of Geography

  • Rest of North America
  • Rest of Europe
  • New Zealand
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
  • Rest of Latin America
  • 1.1 Report Description and Scope
  • 1.2 Research scope
  • 1.3.1 Market Research Type
  • 1.3.2 Market research methodology
  • 2.1 Global Wireless Electric Vehicle Charging Market, (2022 – 2030) (USD Million)
  • 2.2 Global Wireless Electric Vehicle Charging Market: snapshot
  • 3.1 Wireless Electric Vehicle Charging Market: Market Dynamics
  • 3.2.1 Increasing electrification of vehicles
  • 3.2.2 Increasing focus on R&D activities
  • 3.2.3 Rapid technological
  • 3.3 Market Restraints
  • 3.4 Market Opportunities
  • 3.5 Market Challenges
  • 3.6 Porter’s Five Forces Analysis
  • 3.7.1 Market attractiveness analysis By Power Supply
  • 3.7.2 Market attractiveness analysis By Type
  • 3.7.3 Market attractiveness analysis By Component
  • 3.7.4 Market attractiveness analysis By Technology
  • 3.7.5 Market attractiveness analysis By Propulsion
  • 3.7.6 Market attractiveness analysis By Application
  • 4.1.1 Global Wireless Electric Vehicle Charging Market: company market share, 2021
  • 4.2.1 Acquisitions & mergers
  • 4.2.2 New Product launches
  • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
  • 4.2.4 Research and development and Regional expansion
  • 4.3 Price trend analysis
  • 5.1.1 Global Wireless Electric Vehicle Charging Market share, By Power Supply, 2021 and 2030
  • 5.2.1 Global Wireless Electric Vehicle Charging Market by Less than 11 kW, 2022 – 2030 (USD Million)
  • 5.3.1 Global Wireless Electric Vehicle Charging Market by More than 50 kW, 2022 – 2030 (USD Million)
  • 5.4.1 Global Wireless Electric Vehicle Charging Market by 11 kW to 50 kW, 2022 – 2030 (USD Million)
  • 6.1.1 Global Wireless Electric Vehicle Charging Market share, By Type, 2021 and 2030
  • 6.2.1 Global Wireless Electric Vehicle Charging Market by Dynamic, 2022 – 2030 (USD Million)
  • 6.3.1 Global Wireless Electric Vehicle Charging Market by Static, 2022 – 2030 (USD Million)
  • 7.1.1 Global Wireless Electric Vehicle Charging Market share, By Component , 2021 and 2030
  • 7.2.1 Global Wireless Electric Vehicle Charging Market by Base Pads, 2022 – 2030 (USD Million)
  • 7.3.1 Global Wireless Electric Vehicle Charging Market by Vehicle Pads, 2022 – 2030 (USD Million)
  • 7.4.1 Global Wireless Electric Vehicle Charging Market by Power Control Units, 2022 – 2030 (USD Million)
  • 7.5.1 Global Wireless Electric Vehicle Charging Market by Battery Management Systems, 2022 – 2030 (USD Million)
  • 8.1.1 Global Wireless Electric Vehicle Charging Market share, By Technology, 2021 and 2030
  • 8.2.1 Global Wireless Electric Vehicle Charging Market by Capacitive Wireless EV Charging Systems, 2022 – 2030 (USD Million)
  • 8.3.1 Global Wireless Electric Vehicle Charging Market by Permanent Magnet Gear Wireless EV Charging Systems, 2022 – 2030 (USD Million)
  • 8.4.1 Global Wireless Electric Vehicle Charging Market by Inductive Wireless EV Charging Systems, 2022 – 2030 (USD Million)
  • 8.5.1 Global Wireless Electric Vehicle Charging Market by Resonant Inductive Wireless EV Charging Systems, 2022 – 2030 (USD Million)
  • 9.1.1 Global Wireless Electric Vehicle Charging Market share, By Propulsion, 2021 and 2030
  • 9.2.1 Global Wireless Electric Vehicle Charging Market by BEV, 2022 – 2030 (USD Million)
  • 9.3.1 Global Wireless Electric Vehicle Charging Market by PHEV, 2022 – 2030 (USD Million)
  • 10.1.1 Global Wireless Electric Vehicle Charging Market share, By Application, 2021 and 2030
  • 10.2.1 Global Wireless Electric Vehicle Charging Market by Commercial, 2022 – 2030 (USD Million)
  • 10.3.1 Global Wireless Electric Vehicle Charging Market by Residential, 2022 – 2030 (USD Million)
  • 11.1 Global Wireless Electric Vehicle Charging Industry Regional Overview
  • 11.2 Global Wireless Electric Vehicle Charging Industry Share, by Region, 2021 & 2030 (USD Million)
  • 11.3.1.1 North America Wireless Electric Vehicle Charging Industry, by Country, 2022 – 2030 (USD Million)
  • 11.4.1 North America Wireless Electric Vehicle Charging Industry, by Power Supply, 2022 – 2030 (USD Million)
  • 11.5.1 North America Wireless Electric Vehicle Charging Industry, by Type, 2022 – 2030 (USD Million)
  • 11.6.1 North America Wireless Electric Vehicle Charging Industry, by Component , 2022 – 2030 (USD Million)
  • 11.7.1 North America Wireless Electric Vehicle Charging Industry, by Technology, 2022 – 2030 (USD Million)
  • 11.8.1 North America Wireless Electric Vehicle Charging Industry, by Propulsion, 2022 – 2030 (USD Million)
  • 11.9.1 North America Wireless Electric Vehicle Charging Industry, by Application, 2022 – 2030 (USD Million)
  • 11.10.1.1 Europe Wireless Electric Vehicle Charging Industry, by Country, 2022 – 2030 (USD Million)
  • 11.11.1 Europe Wireless Electric Vehicle Charging Industry, by Power Supply, 2022 – 2030 (USD Million)
  • 11.12.1 Europe Wireless Electric Vehicle Charging Industry, by Type, 2022 – 2030 (USD Million)
  • 11.13.1 Europe Wireless Electric Vehicle Charging Industry, by Component , 2022 – 2030 (USD Million)
  • 11.14.1 Europe Wireless Electric Vehicle Charging Industry, by Technology, 2022 – 2030 (USD Million)
  • 11.15.1 Europe Wireless Electric Vehicle Charging Industry, by Propulsion, 2022 – 2030 (USD Million)
  • 11.16.1 Europe Wireless Electric Vehicle Charging Industry, by Application, 2022 – 2030 (USD Million)
  • 11.17.1.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Country, 2022 – 2030 (USD Million)
  • 11.18.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Power Supply, 2022 – 2030 (USD Million)
  • 11.19.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Type, 2022 – 2030 (USD Million)
  • 11.20.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Component , 2022 – 2030 (USD Million)
  • 11.21.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Technology, 2022 – 2030 (USD Million)
  • 11.22.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Propulsion, 2022 – 2030 (USD Million)
  • 11.23.1 Asia Pacific Wireless Electric Vehicle Charging Industry, by Application, 2022 – 2030 (USD Million)
  • 11.24.1.1 Latin America Wireless Electric Vehicle Charging Industry, by Country, 2022 – 2030 (USD Million)
  • 11.25.1 Latin America Wireless Electric Vehicle Charging Industry, by Power Supply, 2022 – 2030 (USD Million)
  • 11.26.1 Latin America Wireless Electric Vehicle Charging Industry, by Type, 2022 – 2030 (USD Million)
  • 11.27.1 Latin America Wireless Electric Vehicle Charging Industry, by Component , 2022 – 2030 (USD Million)
  • 11.28.1 Latin America Wireless Electric Vehicle Charging Industry, by Technology, 2022 – 2030 (USD Million)
  • 11.29.1 Latin America Wireless Electric Vehicle Charging Industry, by Propulsion, 2022 – 2030 (USD Million)
  • 11.30.1 Latin America Wireless Electric Vehicle Charging Industry, by Application, 2022 – 2030 (USD Million)
  • 11.31.1.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Country, 2022 – 2030 (USD Million)
  • 11.32.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Power Supply, 2022 – 2030 (USD Million)
  • 11.33.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Type, 2022 – 2030 (USD Million)
  • 11.34.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Component , 2022 – 2030 (USD Million)
  • 11.35.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Technology, 2022 – 2030 (USD Million)
  • 11.36.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Propulsion, 2022 – 2030 (USD Million)
  • 11.37.1 The Middle-East and Africa Wireless Electric Vehicle Charging Industry, by Application, 2022 – 2030 (USD Million)
  • 12.1.1 Overview
  • 12.1.2 Financials
  • 12.1.3 Product Portfolio
  • 12.1.4 Business Strategy
  • 12.1.5 Recent Developments
  • 12.2.1 Overview
  • 12.2.2 Financials
  • 12.2.3 Product Portfolio
  • 12.2.4 Business Strategy
  • 12.2.5 Recent Developments
  • 12.3.1 Overview
  • 12.3.2 Financials
  • 12.3.3 Product Portfolio
  • 12.3.4 Business Strategy
  • 12.3.5 Recent Developments
  • 12.4.1 Overview
  • 12.4.2 Financials
  • 12.4.3 Product Portfolio
  • 12.4.4 Business Strategy
  • 12.4.5 Recent Developments
  • 12.5.1 Overview
  • 12.5.2 Financials
  • 12.5.3 Product Portfolio
  • 12.5.4 Business Strategy
  • 12.5.5 Recent Developments
  • 12.6.1 Overview
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  • 12.6.5 Recent Developments
  • 12.7.1 Overview
  • 12.7.2 Financials
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  • 12.7.5 Recent Developments
  • 12.8.1 Overview
  • 12.8.2 Financials
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  • 12.8.5 Recent Developments
  • 12.9.1 Overview
  • 12.9.2 Financials
  • 12.9.3 Product Portfolio
  • 12.9.4 Business Strategy
  • 12.9.5 Recent Developments
  • 12.10.1 Overview
  • 12.10.2 Financials
  • 12.10.3 Product Portfolio
  • 12.10.4 Business Strategy
  • 12.10.5 Recent Developments
  • 12.11.1 Overview
  • 12.11.2 Financials
  • 12.11.3 Product Portfolio
  • 12.11.4 Business Strategy
  • 12.11.5 Recent Developments
  • 12.12.1 Overview
  • 12.12.2 Financials
  • 12.12.3 Product Portfolio
  • 12.12.4 Business Strategy
  • 12.12.5 Recent Developments
  • 12.13.1 Overview
  • 12.13.2 Financials
  • 12.13.3 Product Portfolio
  • 12.13.4 Business Strategy
  • 12.13.5 Recent Developments
  • 12.14.1 Overview
  • 12.14.2 Financials
  • 12.14.3 Product Portfolio
  • 12.14.4 Business Strategy
  • 12.14.5 Recent Developments
  • 12.15.1 Overview
  • 12.15.2 Financials
  • 12.15.3 Product Portfolio
  • 12.15.4 Business Strategy
  • 12.15.5 Recent Developments

List Of Figures

Figures No 1 to 39

List Of Tables

Tables No 1 to 152

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Data Collection Matrix

Market Analysis Matrix

1 . Which region will dominate the global Wireless Electric Vehicle Charging Systems market?

“Europe” region will lead the global Wireless Electric Vehicle Charging Systems market during the forecast period 2022 to 2030.

2 . Which are the driving factors of the Wireless Electric Vehicle Charging Systems market?

The key factors driving the market are Increasing electrification of vehicles, increasing focus on R&D activities, and rapid technological changes to propel the Wireless Electric Vehicle (EV) Charging market growth.

3 . Who are the top players operating in the Wireless Electric Vehicle Charging Systems market?

The key players operating in the Wireless Electric Vehicle Charging Systems market are Toyota Motor Corporation, TGOOD Global Ltd, Toshiba Corporation, Momentum Dynamics Corporation, Robert Bosch GmbH, Tesla, Continental AG, HELLA GmbH & Co. KGaA, ZTE Corporation, WiTricity Corporation, Qualcomm Technologies, Renesas electronics, Powermat Technologies, Nidec mobility corporation, Evatran group.

4 . What will be the CAGR of global Wireless Electric Vehicle Charging Systems market?

The global Wireless Electric Vehicle Charging Systems market is expanding growth with a CAGR of approximately 90% during the forecast period (2022 to 2030).

5 . What is the existing size of Wireless Electric Vehicle Charging Systems market?

The global Wireless Electric Vehicle Charging Systems market size was valued at USD 14 Million in 2021 and it is projected to reach around USD 450 Million by 2030.

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  • Published: 25 June 2024

Enhancing smart charging in electric vehicles by addressing paused and delayed charging problems

  • Nico Brinkel   ORCID: orcid.org/0000-0001-9973-2890 1 ,
  • Thijs van Wijk 2 ,
  • Anoeska Buijze   ORCID: orcid.org/0000-0002-9080-1068 3 ,
  • Nanda Kishor Panda   ORCID: orcid.org/0000-0002-9647-4424 4 ,
  • Jelle Meersmans 5 ,
  • Peter Markotić 2 ,
  • Bart van der Ree 6 ,
  • Henk Fidder 7 ,
  • Baerte de Brey 2 , 7 ,
  • Simon Tindemans   ORCID: orcid.org/0000-0001-8369-7568 4 ,
  • Tarek AlSkaif   ORCID: orcid.org/0000-0002-1780-4553 8 &
  • Wilfried van Sark   ORCID: orcid.org/0000-0002-4738-1088 1  

Nature Communications volume  15 , Article number:  5089 ( 2024 ) Cite this article

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  • Energy infrastructure
  • Energy management
  • Energy policy
  • Energy storage

Smart charging of electric vehicles can alleviate grid congestion and reduce charging costs. However, various electric vehicle models currently lack the technical capabilities to effectively implement smart charging since they cannot handle charging pauses or delays. These models enter sleep mode when charging is interrupted, preventing resumption afterwards. To avoid this, they should be continuously charged with their minimum charging power, even when a charging pause would be desirable, for instance with high electricity prices. This research examines this problem to inform various stakeholders, including policymakers and manufacturers, and stimulates the adoption of proactive measures that address this problem. Here, we demonstrate through technical charging tests that around one-third of tested car models suffer from this issue. Through model simulations we indicate that eliminating paused and delayed charging problems would double the smart charging potential for all applications. Lastly, we propose concrete legal and practical solutions to eliminate these problems.

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Introduction.

With the growing adoption of Electric Vehicles (EVs), our transportation and electricity systems are becoming increasingly intertwined. Initially, a network of petrol stations provided the energy requirements to fulfill our road transportation needs. However, the electricity grid infrastructure increasingly takes over this role through EV charging 1 , 2 . This transition brings new challenges to the electricity system, particularly to the grid infrastructure. Most EV charging occurs in Low-Voltage (LV) grids at home or on-street charging stations 3 , and the majority of these grids were designed decades ago without the concept of EV charging in mind. The charging power of an EV is significantly higher than the typical peak-time power consumption of a household, and since most EV users tend to arrive at their charging station at a similar time, concentrated charging moments are expected in residential LV grids 4 , 5 . As a result, EV charging is likely to cause grid congestion 6 , 7 , 8 .

Grid reinforcements could serve as a solution, but their feasibility is hindered by the exorbitant costs 9 , 10 and a shortage of qualified personnel to execute these reinforcements 11 , 12 . Another approach to alleviate grid congestion is to move away from uncontrolled charging, where EVs charge at maximum power upon arrival until their demand is met. For most EV charging sessions, the connection time to a charging station considerably exceeds the required time to meet their charging demand. This provides ample opportunities for EV smart charging. With smart charging, EV charging sessions are optimized for different objectives by aligning the charging moments and charging speed over time with user preferences and current market or grid conditions 3 , 13 .

EV smart charging can benefit both grid operators and EV users and can facilitate the ongoing energy transition. Different studies showed that the application of smart charging could support grid operators in mitigating grid congestion and power quality problems (e.g., refs. 14 , 15 , 16 , 17 ). Similarly, smart charging can be applied for the provision of balancing reserves to Transmission System Operators (TSOs) 18 , 19 . It can also help EV users reduce their charging costs by taking advantage of moments with low electricity market prices when considering static or dynamic Time-of-Use (ToU) pricing schemes 20 , 21 . Lastly, the roll-out of smart charging can accelerate the energy transition by shifting the charging demand of EVs to moments with excess renewable generation 22 , 23 , 24 , thereby reducing the dependency on fossil-based energy resources and mitigating the intermittency challenges associated with renewable energy sources. If vehicle-to-grid (V2G) functions are considered, EVs could even act as a mobile storage medium for excess renewable energy, which can be utilized to meet the electricity demand during periods of renewable energy shortage.

However, it is not widely known that the current deployment of smart charging is hindered by the technical capabilities of EVs. As this research will show, a significant share of EV models (both Plug-in Hybrid EVs (PHEVs) and Battery EVs (BEVs)) is unable to perform paused or delayed charging. In paused charging, the charging process is interrupted after the EV was previously charging, while in delayed charging, the start of the charging process is postponed after the EV arrives at the charging station. Both processes cause a substantial portion of the EV models in the market to switch to sleep mode. This makes them unresponsive to charging signals after the pause or delay, posing a risk of unmet charging demand at their departure from the charging station. To avoid this, EVs need to be continuously charged with at least their minimum charging current 25 , even when this is not desirable, for instance at moments with a high electricity price or grid load. Consequently, the paused and delayed charging problems of EVs reduce the potential impact of smart charging.

Remarkably, the technical problems associated with EV smart charging have hardly been addressed in scientific literature and the media, leading to low awareness about these issues among different stakeholders, including policymakers, EV manufacturers and grid operators. This is evident from several factors. First, as this research will show, a notable portion of newly-introduced EV models cannot perform paused or delayed charging, indicating that EV manufacturers may not be aware of this issue. Second, almost all smart charging studies fail to consider that a considerable share of the EV fleet cannot perform paused or delayed charging, resulting in an overestimation of the smart charging potential. Third, no legal or policy initiatives appear to address this problem.

In this work, we shed light on these problems to raise awareness among relevant stakeholders (e.g., grid operators, EV manufacturers and policymakers) about the prevalence of technical smart charging problems and their impact on the effectiveness of smart charging. We present the results of large-scale technical charging tests, which indicate that around one-third of the EV models in the market cannot handle charging pauses or delays. Moreover, this study presents the results of model simulations that quantify the impact of EVs’ inability to perform paused or delayed charging on three different applications for which smart charging can be used, namely: i) charging cost reduction, ii) mitigation of grid congestion, and iii) offering flexibility products to grid operators. The outcomes of these model simulations show that the potential impact of smart charging is halved for all applications if paused or delayed charging cannot be considered. Lastly, the current international regulations and standards on this topic are discussed, and options to eliminate paused and delayed charging problems are analyzed.

Technical smart charging tests

The technical performance of new EV and charging station models is evaluated using charging tests at the Testlab of ElaadNL, a knowledge center on EV charging established by Dutch grid operators. Manufacturers of EVs and charging stations are invited to test the technical performance of their products. They are tested on their interoperability, impact on power quality and ability to perform smart charging 26 using a standardized testing protocol to ensure comparability of results between charging tests for different EV models. The charging tests have been performed on a large share of the PHEV and BEV models on the Dutch market and manufacturers can use the results of these tests to improve the technical performance of their products. This section focuses on the charging test results related to different smart charging applications. It is important to note that some manufacturers have rectified the charging issues after undergoing the charging tests through the installation of software updates.

The smart charging tests conducted at the Testlab aim to evaluate the EV’s response when exposed to various charging profiles that could occur with different applications of smart charging. The parameters of the charging tests have been determined in consultation with different stakeholders, such as grid operators and EV manufacturers. The fluctuating charging test assesses whether an EV can handle smart charging applications with high fluctuations in the charging signal, such as solar charging (i.e., directly linking the charging power to the solar generation of photovoltaic (PV) systems). As shown in Fig.  1 , this test considers a fluctuating charging signal between 6 and 32 amperes at a 60-s interval. These current values correspond to the prescribed minimum and maximum charging currents for EV charging, as defined in the International Electrotechnical Commission’s communication standard for EV charging 27 . The intermittent charging test evaluates the EV’s response to a charging session with a high number of charging pauses, which is for instance relevant when applying smart charging for load balancing at car parks (i.e., quickly alternating the charging power between charging stations to reduce the peak charging power of the car park). In this test, the charging signal is switched 25 times between 0 and 6 amperes at 60-s intervals. The last set of tests analyses the EV’s response to paused and delayed charging. These tests are relevant for smart charging applications that require longer periods without charging, such as smart charging to reduce charging costs with static or dynamic ToU tariffs or smart charging to mitigate grid congestion. The paused and delayed charging tests have a similar setup. The paused charging tests assess the EV’s ability to properly react to the charging signal after a charging pause, which is implemented after the vehicle has been charged for a brief period. The delayed charging tests also consider a charging pause, which starts directly after the EV arrives at the charging station. Both tests are conducted with pauses of 20 min and 6 h.

figure 1

The plots provide insight into the duration and amperage of the charging signals that are sent to the EV during the different smart charging tests that are considered.

Figure  2 presents the results of smart charging tests that were conducted with 52 EV models (cars, vans and motorcycles) between 1 June 2020 and 1 January 2023. A charging test was labeled as unsuccessful if the tested EV model ceased charging or if its charging current violated the current limits specified in the EV charging standards by exceeding the charging signal by at least 0.5 amperes 27 . The latter problem only occurred with the fluctuating and intermittent charging tests. The success rate of the fluctuating charging test equals 71% for the tested EV models. The share of tested models that can follow the intermittent charging profile is lower and equals 63%. In both cases, charging problems were observed in both PHEVs and BEVs, with the majority of failed tests attributed to violations of current limits. These results indicate that a large share of the tested EV models is unable to perform smart charging for applications at which the charging power could fluctuate rapidly. These issues appear to be caused by the software settings of certain EV models, which identify charging stations with high fluctuations in the charging signal as faulty without considering that the application of smart charging may cause these fluctuations.

figure 2

Results are presented for fluctuating charging tests on 52 EV models, intermittent charging tests on 43 EV models, 20-min paused and delayed charging tests on 42 models and 6-h delayed and paused charging tests on 21 models.  Source data are provided as a Source Data file.

The share of EV models that can deal with paused and delayed charging profiles depends on the pause duration. When considering a charging pause of 20 min, the success rate for the tested EV models equals 86% and 83% for paused and delayed charging, respectively. When the pause duration is extended to 6 h, the share of tested EV models that successfully pass the charging test reduces to 71% and 67% for paused and delayed charging, respectively. These problems manifested with both PHEVs and BEVs. These issues are also software-based: to prevent the 12-volt battery that powers the vehicle’s electrical systems from draining, the EVs switch to sleep mode if no charging signal is received for an extended duration.

Impact on smart charging’s charging cost reduction potential

The inability of EVs to perform paused or delayed charging can diminish the effectiveness of different smart charging applications, including smart charging for participating in an electricity market that considers static or dynamic ToU tariffs (e.g., day-ahead electricity market) 28 , 29 , 30 . Charging costs can be reduced by shifting the charging demand from moments with high prices to moments with low prices. While longer charging pauses may be desirable at specific moments, for instance at moments with high electricity prices, they cannot be implemented into EV charging schedules as some EV models will shift into sleep mode and will become unresponsive to charging signals. Since the EV model is not specified in the current communication protocols between the EV, the charging station and the back-office of the charge point operator 27 , 31 , charging pauses are generally not considered for all EVs, regardless of whether they are able to perform paused and delayed charging or not. The only way to reduce the impact of EV charging at the moments at which this is desired is by charging with the lowest possible current of the charging system, which is typically 6 amperes 27 . Figure  3 illustrates how this reduces the effectiveness of smart charging. It reports the charging schedules for one charging session when considering different charging regimes (uncontrolled charging, smart charging without paused charging and smart charging with paused charging) for a simplified cost-optimization problem. This figure shows that if smart charging is applied without considering charging pauses, still a considerable share of the charging demand (50% for the charging session in Fig.  3 ) has to be fulfilled at moments with medium or high prices. This is in contrast to smart charging with paused charging, where the charging demand can be completely fulfilled at moments with low prices in this example.

figure 3

Charging session characteristics are an arrival time of 15:15 (dashed line in Figure), a departure time of 08:00, a charging demand of 48 kWh and a minimum and maximum charging power of 4 kW and 11 kW, respectively.

Model simulations are performed to quantify the impact of the paused and delayed charging problems on the cost-reduction potential when using smart charging for electricity market bidding. Figure  4 presents the charging costs for a large EV fleet when participating in the day-ahead market in different European countries with perfect foresight. Three charging scenarios are considered in the model simulations: i) uncontrolled charging, ii) cost-optimization without considering paused or delayed charging and iii) cost-optimization considering delayed or paused charging. The results in Fig.  4 indicate that the inability to perform paused or delayed charging almost halves the cost-reduction potential of smart charging. When charging pauses can be considered, the cost-reduction potential compared to uncontrolled charging equals 14–35%, depending on the country. For all considered countries, the cost reduction potential is approximately half as high when no paused or delayed charging can be considered. This is because EVs are forced to charge with the minimum current of 6 amperes at times of high prices and cannot benefit from lower prices since their charging demand is fulfilled before those times arrive.

figure 4

Results are presented for 322 public charging stations in residential areas for an assessment timeframe of one year between 1 February 2022 and 1 February 2023. Percentage values represent the cost decrease compared to uncontrolled charging (blue bars). For countries with multiple bidding zones (DK, NO, SE & IT), the average charging costs for all bidding zones are reported. As Germany and Luxembourg comprise one bidding zone, the results for these countries are reported together.  Source data are provided as a Source Data file.

Impact on smart charging’s grid congestion control potential

Smart charging can also be used to address grid congestion problems induced by EV charging by shifting the charging from moments with high local grid load to moments with low local grid load 32 , 33 . When charging pauses cannot be considered, EV charging cannot be completely shifted away from peak hours. Consequently, grid congestion problems will manifest at lower EV adoption levels when deploying smart charging without paused or delayed charging compared to the deployment of smart charging with these features.

Model simulations were conducted using a transformer peak load minimization algorithm for EV charging to investigate the impact of the paused and delayed charging problems on the potential for mitigating grid congestion through smart charging. Simulations were performed for both transformer peak load minimization with and without considering paused and delayed charging.

Figure  5 presents the transformer peak load values (i.e., the sum of the non-EV load and EV load) for a varying number of on-street charging stations connected to one LV grid. From this figure, one can determine the maximum number of EV charging stations that can be theoretically hosted in one LV grid without causing transformer congestion. The results show that the number of charging stations that can be installed in the considered grid without exceeding the transformer capacity is approximately twice as high when charging pauses can be implemented in the charging schedules. Transformer congestion problems will occur in the studied grid if it hosts between 35 and 55 charging stations, a peak load minimization algorithm is applied and charging pauses and delays cannot be implemented. This increases to a range of 75 to 115 charging stations when paused and delayed charging can be considered.

figure 5

The analysis is repeated 100 times for each considered number of EV charging stations, with a randomly sampled subset of EV charging stations in each run. The line shows the average outcome for all model runs and the shaded area shows the 95% confidence interval.  Source data are provided as a Source Data file.

Impact on smart charging’s flexibility services potential

Moreover, smart charging can be applied to offer flexibility services to grid operators, for instance by supplying balancing reserves (e.g., frequency restoration reserves) to TSOs for restoring the balance between supply and demand 34 , 35 , 36 , 37 . Additionally, DSOs have been experimenting with local flexibility markets to address grid congestion issues 38 . The paused and delayed charging problems affect the amount of downward flexibility (i.e., a reduction in charging power from the reference charging schedule) that can be provided using smart charging. This was demonstrated through the final series of model simulations, which compared the available downward flexibility of an EV fleet under two scenarios: one that does not consider charging pauses and another that does. In these simulations, the maximum reduction in charging power from the reference charging schedule (uncontrolled charging in this case) is determined while ensuring that the charging demand of every session is met at departure.

The violin plot in Fig.  6 presents the distribution of the hourly available downward flexibility throughout one year for both considered cases. It shows that the available downward flexibility is higher during early evening hours. This is because more EVs are typically charging during this time in residential areas, resulting in a higher potential for charging power reduction. As visible in Fig.  6 , the inability to perform charging pauses reduces the available downward flexibility, since EVs that cannot handle charging pauses cannot fully ramp down their charging power to provide downward flexibility and must keep the charging current above the minimum charging current. On average, 34% less downward flexibility can be offered when no charging pauses can be considered (95% CI: 24–44%).

figure 6

Results are compared for the case with and without paused and delayed charging. Model simulations are performed using historical charging data from 322 on-street charging stations located in the city of Utrecht, the Netherlands. The dashed and dotted lines in the violins represent the 25%, 50% and 75% quantile values.  Source data are provided as a Source Data file.

Options for eliminating charging problems

The previous sections emphasized the necessity of EV car models to be able to perform paused and delayed charging. This section examines existing international regulations and standards on this issue and explores solutions to avoid such problems in the future.

Two standards for EV charging currently address the delayed and paused charging problems. However, EV manufacturers are not obliged to comply with them. IEC 61851 27 is a set of standards that contains use cases for EVs and charging stations on how to wake up EVs that shifted to sleep mode after a charging pause. This standard also contains safety standards, and manufacturers of EVs and charging stations that comply with it are deemed to comply with the Low Voltage Directive (LVD) 39 . This directive applies to all electrical equipment traded within the EU and aims to safeguard the health and safety of persons, animals and property (art. 1 LVD). It is based on self-assessment, and there is no notified body that intervenes with the conformity assessment procedure. For EVs and charging stations, compliance with IEC 61851 leads to the presumption of compliance with the LVD (art. 12 LVD). By complying with this standard, EVs are able to perform paused and delayed charging. However, EV manufacturers do not need to use this standard to comply with the LVD; as long as the safety standards in the LVD are met, the product can be traded on the EU market. Since the ability to handle charging pauses is of limited relevance for product safety, EVs are able to comply with the LVD without complying with IEC 61851.

Secondly, the paused and delayed charging problem is addressed in a newly-developed standard for communication between EVs and their charging station. The ISO 15118-20 standard 40 has been developed to enable bidirectional EV charging through V2G technology and has been implemented in a small number of EV models. It includes a use case to re-establish communication with an EV in sleep mode by sending a wake-up trigger. While the implementation of this standard would likely eliminate the paused and delayed charging problems for compliant EVs, there is no legal requirement for manufacturers to incorporate it in their models. As a result, the paused and delayed charging problems might persist for some EV models since manufacturers might not be incentivized to implement the standard in models that are unable to perform V2G functions.

If the public sector, including governments and regulatory agencies, deem that the paused and delayed charging problems are too severe to be resolved without intervention, there are multiple enforcement or stimulation methods available. First, these organizations could stimulate manufacturers to comply with the existing standards that address this issue. This can be done by taking an active role in informing manufacturers about the importance of EVs being able to handle paused and delayed EV charging. Alternatively, the public sector has the option to establish an EV model certification program, where EV models that successfully completed a set of EV smart charging tests are granted a certificate, which could make the specific EV model more appealing to consumers.

The public sector can also enforce the elimination of paused and delayed charging problems by implementing regulations on this topic. This could be modeled after the type-approval system that is currently in place. Before getting access to public roads in the EU, all car models need to acquire type-approval 41 , issued by a national approval authority. The type-approval tests assess whether the car models meet EU safety rules (e.g., crash tests) and noise and emission limits. Expanding these tests to include an evaluation of the technical charging capabilities of EVs would ensure that only EV models meeting technical charging standards are permitted on the road. If the public sector prefers not to incorporate technical charging tests into the type-approval process, they could introduce legislation that makes compliance with standards that address the paused and delayed charging problems, such as ISO 15118-20, compulsory, either through self-assessment or by requiring testing and approval by a national approval authority. Ideally, all discussed enforcement or stimulation methods should be implemented at an international level, within entities like the EU, to enhance efficiency and maintain consistency in policies across different nations.

As long as the paused and delayed charging issues are not resolved, smart charging operators can use workaround solutions to identify whether a specific EV can handle charging pauses. A pause can be introduced to a charging session of each EV. If the EV responds properly to this pause, paused and delayed charging can be applied to it. However, this method increases system complexity and could lead to user discomfort if the EV does not respond properly to the pause.

Finally, consumer demand may compel manufacturers to address the paused and delayed charging problems. EV users could become increasingly aware that the cost-saving benefits of smart charging are diminished if their EV model is unable to deal with charging pauses. This may influence their decision when purchasing a new model, incentivizing manufacturers to resolve these issues.

EV smart charging is widely acknowledged for its potential to reduce charging costs and address grid-related issues. However, it is lesser known that its potential is currently limited by technical problems related to EV smart charging. In this work, we shed light on these problems by presenting the results of large-scale EV technical charging tests and by conducting model simulations to quantify the impact of the technical limitations that are currently in place for smart charging on its effectiveness. The results of large-scale EV technical analyses showed that around one-third of the tested EV models cannot handle longer charging pauses. To prevent the EVs from shifting to sleep mode, they should continuously be charged with a minimum charging current of 6 amperes after connecting to the charging station. Model simulations showed that the potential to reduce charging costs, mitigate grid congestion and offer flexibility services using smart charging is approximately halved when charging pauses cannot be considered.

Although this research indicated that it is important that EVs are able to deal with paused and delayed charging, it should be acknowledged that actual implementation of paused and delayed charging could trigger range-anxiety issues among EV users. When scheduling the charging of an EV, its departure time from the charging station has to be estimated through user input and/or by applying forecasting methods. If an EV departs from the charging station before the anticipated departure time and the vehicle has continuously been charged with a charging current of at least 6 amperes, it is ensured that the EV has at least partly been charged. However, with the application of paused and delayed charging, there is a risk that the EV will receive a minimal charge if it departs before the expected departure time. Therefore, smart charging operators must exercise caution regarding the uncertainties in their models when employing paused and delayed charging scheduling. The reader should bear in mind that this additional uncertainty was not considered in this work’s model simulations for paused and delayed charging. Nevertheless, it should be realized that this real-world challenge may be largely mitigated by actively requesting user information about their charging sessions (e.g., expected departure time & charging demand). This could be achieved, for instance, through a mobile application (e.g., refs. 42 , 43 ), either by setting user-defined defaults with opt-outs or by requesting per-session preferences.

To mitigate the problem of range anxiety among EV users when implementing smart charging solutions, various local governments and municipalities have imposed minimum charging current requirements for public charging stations within their jurisdiction 44 , eliminating the option to implement charging pauses. While this approach can help to alleviate range anxiety concerns, these authorities need to recognize that it significantly constrains the potential of EV smart charging.

In addition, it should be recognized that the model simulations in this research exclusively focused on quantifying the impact of the EV’s inability to perform paused and delayed charging. The results of the technical smart charging tests indicated that fluctuating or intermittent charging problems also occur frequently. This could harm the roll-out of different smart charging applications, including renewable-based charging, in which the EV charging power depends on the output of a PV system or wind turbine. Implementing renewable-based charging systems has the potential to boost the self-consumption of renewable energy and enhance the integration of renewable energy technologies into the grid 22 , 23 , 24 . This approach helps mitigate the intermittency of renewable energy generation and reduces dependence on fossil fuels to fulfill electricity demand. For this reason, policy addressing technical charging problems for EV smart charging should also encompass the resolution of technical charging problems related to fluctuating or intermittent charging signals.

Overall, this work showed the inability of different EV models to handle charging pauses causes highly inefficient operation of smart charging, resulting in unnecessary and costly grid reinforcements and a considerable increase in charging costs. Despite the major impact of the paused and delayed charging problems, no binding legislation is currently in place to eliminate this issue. If the public sector considers these problems to be problematic, legislation that sets a minimum technical charging performance for EV models should be introduced.

The Testlab of ElaadNL in Arnhem, the Netherlands, invites EV manufacturers to test the technical charging performance of their products in their lab. All EV models undergo the same standardized charging procedure, which consists of four tests:

Interoperability tests: Assesses whether the tested EV model is able to charge at different charging station models;

Power quality emission tests: Assesses whether the charging of the tested EV model causes disturbances in the grid voltage;

Power quality immunity tests: Assesses whether the tested EV model can cope with fluctuations and disturbances of the grid voltage;

Smart charging tests: Assesses whether the tested EV model responds to different smart charging profiles.

The manufacturers are informed of the test results, which they can utilize to enhance the technical charging performance of their products.

A large majority of the sold EV models (both PHEV and BEV models) in the Netherlands have undergone the technical charging test procedure at the Testlab. This study reported the results of the technical smart charging tests that were conducted at the Testlab between 1 June 2020 and 1 January 2023. In this timeframe, 52 EV models have undergone the fluctuating charging test, 43 models have undergone the intermittent charging test and 42 models have undergone the 20-min paused and delayed charging tests. The 6-h delayed and paused charging tests have only been introduced since April 2021. Hence, the number of EV models that have undergone this test is lower: 21 models have undergone these charging tests.

A charging test was considered unsuccessful if the EV did not continue to charge when exposed to the tested charging profile or if the charging current was at least 0.5 amperes higher than the communicated charging current in the charging signal. It should be noted that the EV manufacturers could have used the test results to resolve any technical charging issues with their model.

Model simulations - charging models

Three sets of model simulations were conducted in this work, considering three different charging models: i) a charging cost minimization model, ii) a peak grid load minimization model and iii) a model to determine the flexibility volumes that can be offered to grid operators. Each charging model will be outlined below.

The cost minimization model is a deterministic model that can be applied to a set of EV charging sessions to determine the theoretical minimum charging costs that can be achieved in a specific electricity market. In this work, it is used to compare the charging costs with and without considering charging pauses. The validity of this model has been confirmed through real-world application 45 and the model is formulated as follows:

The objective of this optimization model in ( 1a ) is to minimize the total charging costs of all charging sessions in the set of charging sessions \({{{{{{{\mathcal{N}}}}}}}}\) , indexed by n  = 0… N . In this equation, P ch, n , t represents the charging power in kW of charging session n at time t , c t represents the electricity tariff at time t (€/kWh), Δt represents the timestep duration in hours and t arr, n and t dep, n represent the arrival and departure time of the considered charging session, respectively. Constraint ( 1b ) assures that the charging demand (E dem, n ) of each charging session is met at departure. The charging power is constrained in ( 1c ) and ( 1d ). The minimum charging power is not considered at the first timestep after arrival (see ( 1c )) for each EV charging session to avoid model infeasibility, which is caused by the fact that the charging demand of some charging sessions can not be exactly met when considering 15-min timesteps and a minimum and maximum charging power. In ( 1d ), the binary variable ϕ n , t makes sure that P ch, n , t stays between the minimum required charging power ( \({{{{{{{{\rm{P}}}}}}}}}_{\min,n}\) ) and the maximum charging power ( \({{{{{{{{\rm{P}}}}}}}}}_{\max,n}\) ) of the considered charging session, or is 0 otherwise. Constraint ( 1e ) assures that once an EV stops charging, it does not restart charging later. This constraint can be neglected if charging pauses can be considered.

The peak load minimization model aims to minimize the peak transformer loading in a specific LV grid when considering a set of EV charging sessions. The nature of this model is also deterministic, assuming perfect foresight in the charging session characteristics and the non-EV load. This model can provide an understanding of the maximum potential to lower the peak transformer load when considering a given set of EV charging sessions. It is formulated as follows:

The objective of this model in ( 2 a) is to minimize the peak transformer loading of the transformer ( \({P}_{{{{{{{{\rm{grid}}}}}}}}}^{{{{{{{{\rm{peak}}}}}}}}}\) ). In ( 2b ), P grid, t represents the transformer loading at timestep t . This is equal to the sum of the non-EV load in the considered LV grid (P non-EV, t ) and the total charging demand of all charging sessions at the considered timestep. In ( 2c ), it is defined that the transformer load should be lower or equal to the peak transformer load at all timesteps. Lastly, the constraints in ( 1b )–( 1f ) are considered in this model.

The last optimization model determines the available downward flexibility of an EV fleet during a specified flexibility request window. This deterministic model is based on ref. 37 and formulated as follows:

This model’s objective in ( 3 a) aims to maximize the downward flexibility ( P flex ) that can be offered using an EV fleet during all considered timesteps in the flexibility request window. The variable \({P}_{{{{{{{{\rm{ch}}}}}}}}}^{{{{{{{{\rm{tot}}}}}}}}}\) represents the realized aggregated charging power at timestep t , as visible in ( 3b ). The constraint in ( 3c ) defines P flex as the difference between the charging power with the reference charging schedule ( \({{{{{{{{\rm{P}}}}}}}}}_{{{{{{{{\rm{ch}}}}}}}}}^{{{{{{{{\rm{ref}}}}}}}}}\) , exogenous model input) and the realized aggregated charging power. The reference charging power depends on the reference charging strategy, e.g. uncontrolled charging or day-ahead market optimization. Constraint ( 3c ) only applies to the set of timesteps in the considered flexibility request window (T flex ). Lastly, this model also considers the constraints in ( 1b )–( 1f ).

Model simulations - simulation outline

All model simulations in this work were conducted using an assessment timeframe of one year, between 1 February 2022 and 1 February 2023, considering 15-min timesteps. The charging cost optimization model was applied to the whole set of considered EV charging sessions in the assessment timeframe. The hourly day-ahead market prices for different countries in Europe were used as price inputs in this optimization model. For every considered country, the optimization model was run for the scenarios with and without paused and delayed charging. In the model simulations without paused and delayed charging, charging pauses are not considered for all charging sessions to account for the fact that the operator does not know the respective EV model in the current communication protocol 31 . For countries with multiple bidding zones, the analysis is repeated for every bidding zone and the average charging costs for all bidding zones are reported. For comparison, the charging costs are also determined for uncontrolled EV charging, in which the EVs charge with maximum charging power directly after arrival until their charging demand is met. In the model simulations, it is assumed that the charging demand of EVs with a connection time to the charging station of more than 24 h will be fulfilled within one day, by setting a virtual departure time of 24 h after the time of arrival. This is done since it is not reasonable to assume that the charging demand of EVs can be delayed over multiple days, due to the unpredictable departure times of EVs. The model simulation timeframe is one day longer than the assessment timeframe to allow EVs that arrive close to the end of the assessment timeframe to complete their charging session.

The peak load minimization model is run for a varying number of considered EV charging stations. A subset of the charging stations in the EV charging session data is randomly selected for each number of considered charging stations. The model simulations include all sessions that occurred at the selected subset of charging stations during the assessment period. This process is repeated 100 times for each considered number of charging stations. Similar to the model simulations with the charging cost optimization model, the simulations were conducted considering both the case of no charging pauses and the case that considers charging pauses, as well as uncontrolled charging. The simulations also considered a virtual departure time of 24 h after the time of arrival and a model simulation timeframe of one day longer than the assessment timeframe.

The downward flexibility model was used to determine the available downward flexibility for each hour for each day in the assessment timeframe. All charging sessions of the total charging session set that were connected to the charging station during the considered hour in the assessment timeframe were included in the model simulations. An uncontrolled charging profile was considered as the reference charging profile in these model runs. Both the cases of delayed and paused charging and no delayed and paused charging were considered in the model simulations.

All model simulations were performed in Python v3.9.12 46 and Gurobi v9.5.2 47 on the DelftBlue 48 and Eejit 49 high-performance computing (HPC) clusters.

Model simulations - data inputs & preparation

Three data sources were considered in these simulations. Historical EV charging session data was used as input for all three simulation models. This study considered EV charging data from public charging stations of charge point operator ’We Drive Solar’. Fast chargers are not included in this charging data. In this charging data, each charging session’s arrival time, departure time, car ID, charging card ID, charging station ID and charging demand (kWh) is logged. Similarly, the maximum charging power for each charging station is logged at a 10 or 20-min interval, depending on the considered charging station. The maximum charging power during each charging session has been derived from this. This maximum charging power has been considered for all timesteps in the model simulations.

All model simulations only considered charging session data from public, on-street charging stations located in the city of Utrecht, the Netherlands. These stations were accessible to both PHEVs and BEVs. Charging stations that were predominantly used by EVs in car-sharing schemes (>50% of the charging sessions were from shared EVs), that were not located in residential areas (determined using visual inspection of the charging station location) and that were not active during all months of the considered assessment period were excluded from the analysis. This resulted in EV charging data from 322 charging stations, each with 2 charging sockets.

Prior to running the model simulations, the EV charging session data underwent several data preparation steps to address any data logging errors. Charging sessions that were infeasible due to data errors (i.e., the charging demand that cannot be met with the logged maximum charging power during the connection timeframe) were removed from the data. Similarly, charging sessions with a charging demand of less than 1 kWh, a maximum charging power of less than 0 kW or more than 23 kW or a connection time to the charging station of less than 15 min were omitted from the charging session data. Some charging sessions in the data had exactly the same arrival time (to the nearest second) and were registered at the same charging station ID. Due to the small probability of this occurring, these charging sessions were identified as erroneous. If the charging sessions with the same arrival time and charging station ID also had the same charging card ID, the first charging session was kept. Otherwise, both charging sessions with identical arrival times and charging station IDs were removed. The arrival and departure time of all charging sessions was rounded down to the previous 15-min timestep. For the few sessions that became infeasible due to this rounding, the charging volume was set equal to the maximum possible charging volume in the adjusted connection time to the charging station. On average, the volume of these sessions changed by 0.6 kWh. Out of all the charging sessions, 2.7% were eliminated during the data preparation process, leaving 179,374 sessions in the considered assessment timeframe.

The maximum charging power of each session was used to determine whether the EV was charging using one or three phases. EVs with maximum charging power below 7.5 kW were classified as one-phase, while all other EVs were classified as three-phase. With a minimum required charging current of 6 amperes, the minimum charging power of EVs classified as one-phase equals 1.38 kW (1 phase × 0.23 kV × 6A). The minimum charging power for three-phase EVs equals 4.14 kW (3 phases × 0.23 kV × 6A). For a low number of charging sessions (0.4%), the minimum charging power of a charging session exceeds its maximum charging power. For those sessions, the minimum charging power is set as equal to its maximum charging power to avoid model infeasibility.

The cost-minimization model also considered day-ahead electricity price data. This data was obtained from ref.  50 . Transformer load data was used as input for the peak load minimization model. This study used transformer load data from one LV transformer located in a residential area in the city of Utrecht, the Netherlands. The transformer has a capacity of 400 kW and the transformer load was measured at a 15-min resolution. The non-EV loading at each timestep was determined by subtracting the loading of the registered charging stations connected to the transformed from the measured transformer loading. The peak non-EV transformer loading during the considered assessment timeframe equalled 314.5 kW.

Reporting summary

Further information on research design is available in the  Nature Portfolio Reporting Summary linked to this article.

Data availability

Source data for Figs.  2 and 4 - 6 are available from https://doi.org/10.5281/zenodo.10932795 51 . The EV charging session data from ’We Drive Solar’ and transformer load data from ’Stedin’ that served as input for the model simulations are not publicly available due to the inclusion of privacy-sensitive information and their commercial value for these organizations. Sample data for these data inputs are provided in the data repository that was created for this work 51 . Full data access can be requested from the corresponding author. Price data that were used as inputs for the model simulations are publicly available from ref.  50 .  Source data are provided with this paper.

Code availability

The code used to conduct model simulations in this work is available from https://doi.org/10.5281/zenodo.10932829 51 .

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Acknowledgements

This study was supported by the Topsector Energy subsidy scheme of the Dutch Ministry of Economic Affairs and Climate Policy through the project ’Slim laden met flexibele nettarieven in Utrecht (FLEET)’ under grand agreement TEUE519004 (N.B, P.M, B.v.d.R., H.F., B.d.B, W.v.S.), by the Dutch Ministry of Economic Affairs and Climate Policy and the Dutch Ministry of the Interior and Kingdom Relations through the ROBUST project under grant agreement MOOI32014 (N.B, N.K.P., P.M, B.v.d.R., B.d.B, S.T., W.v.S.), and by the European Union’s Horizon Europe Research and Innovation program through the SCALE project under grant number 101056874 (N.B., B.v.d.R., W.v.S.).

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Authors and affiliations.

Copernicus Institute of Sustainable Development, Utrecht University, Princetonlaan 8a, 3584 CB, Utrecht, The Netherlands

Nico Brinkel & Wilfried van Sark

ElaadNL, Westervoortsedijk 73, 6827 AV, Arnhem, The Netherlands

Thijs van Wijk, Peter Markotić & Baerte de Brey

Faculty of Law, Economics and Governance, Utrecht Centre for Water, Oceans and Sustainability Law, Utrecht University, Newtonlaan 201, 3584 BH, Utrecht, The Netherlands

Anoeska Buijze

Department of Electrical Sustainable Energy, Delft University of Technology, Mekelweg 4, 2628 CD, Delft, The Netherlands

Nanda Kishor Panda & Simon Tindemans

Enervalis, Lummense Kiezel 51, 3500, Hasselt, Belgium

Jelle Meersmans

Utrecht Sustainability Institute, Postbus 85057, 3508 AB, Utrecht, The Netherlands

Bart van der Ree

Stedin Groep, Blaak 8, 3011 TA, Rotterdam, The Netherlands

Henk Fidder & Baerte de Brey

Information Technology Group (INF), Wageningen University and Research (WUR), 6706 KN, Wageningen, The Netherlands

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Contributions

All authors conceptualized the study. N.B. guided the project. T.v.W. organized the technical smart charging tests. N.B. and N.K.P. conducted the model simulations. A.B., T.v.W. and N.K.P. gathered data and offered inputs and concepts for N.B. to write the paper. T.v.W., A.B., N.K.P., J.M., P.M., B.v.d.R., H.F., B.d.B., S.T., T.A. and W.v.S. provided feedback and input throughout the project.

Corresponding author

Correspondence to Nico Brinkel .

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Brinkel, N., van Wijk, T., Buijze, A. et al. Enhancing smart charging in electric vehicles by addressing paused and delayed charging problems. Nat Commun 15 , 5089 (2024). https://doi.org/10.1038/s41467-024-48477-w

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DOI : https://doi.org/10.1038/s41467-024-48477-w

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Nearly half of American EV owners want to switch back to gas-powered vehicle, McKinsey data shows

Major share of us ev owners have buyer's remorse.

Rep. Mariannette Miller-Meeks, R-Iowa, discusses how lawmakers are concerned that China is benefiting from EVs on 'The Evening Edit.'

We don’t have electricity or energy to run EVs: Miller-Meeks

Rep. Mariannette Miller-Meeks, R-Iowa, discusses how lawmakers are concerned that China is benefiting from EVs on 'The Evening Edit.'

A significant share of Americans who own an electric vehicle have buyer's remorse, according to new data.

McKinsey & Co.'s Mobility Consumer Pulse for 2024, released this month, found that 46% of EV owners in the U.S. said they were "very" likely to switch back to owning a gas-powered vehicle in their next purchase.

woman unplugging EV with skeptical look on her face

Nearly half of EV owners in the U.S. want to switch back to owning a gas-powered vehicle, according to a new McKinsey survey. (iStock)

The high percentage of Americans who want to make a switch even surprised the consulting firm.

"I didn't expect that," the head of McKinsey's Center for Future Mobility, Philipp Kampshoff, told Automotive News . "I thought, 'Once an EV buyer, always an EV buyer.'"

EV CHARGING CABLE THEFTS ARE ON THE RISE IN YET ANOTHER CHALLENGE TO THE APPEAL OF GOING ELECTRIC

In the poll of nearly 37,000 consumers worldwide, Australia was the only country with a greater percentage, 49%, of EV owners than the U.S. who said they were ready to return to owning an internal combustion engine.

The other countries included in the survey were Brazil, China, France, Germany, Italy, Japan and Norway. Across all countries surveyed, the average share of respondents who want to ditch their EVs was 29%.

woman waiting for EV to charge

Nearly a quarter of EV owners in the global study who said they want to switch back to owning a gas-powered car cited the inability to charge their vehicle at home. (iStock)

The biggest reason EV owners cited for wanting to return to owning a gas-powered vehicle was the lack of available charging infrastructure (35%); the second-highest reason cited was that the total cost of owning an EV was too high (34%). Nearly 1 in 3, 32%, said their driving patterns on long-distance trips were affected too much due to having an EV.

EV OWNER AND CAR ENTHUSIAST SAYS ALL-ELECTRIC PUSH WAS ‘FOOLISH,’ PREDICTS HYBRIDS WILL BE BETTER TRANSITION

McKinsey found that consumers' satisfaction globally with charging availability has improved some since last year's survey but noted it "still has a long way to go."

Of the EV owners across all countries, 11% said the infrastructure where they live is well set up in terms of charge points, 40% said there were not enough chargers along highways and main roads, and 38% said there were not enough chargers in close proximity to them.

EV charging station

Of the EV owners worldwide who want to switch back to a gas-powered vehicle, the No. 1 reason cited was a lack of charging infrastructure. (Gregory Rec/Portland Press Herald via Getty Images)

The findings come years into the Biden administration's push for U.S. consumers and automakers to embrace EVs and reinforce other recent polling that indicates a major chunk of Americans are still not sold on going all-electric.

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To further Biden's EV agenda, Democrats passed infrastructure legislation in 2021 that committed billions of taxpayer dollars to building a half million charging stations in the U.S. by the end of the decade.

But three years later, only seven federally funded chargers have been built to date, and the slow progress has sparked condemnation from both sides of the political aisle .

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electric vehicle charging market research report

U.S. Department of Energy Announces Over $63 Million to Support Commercialization of Transformative Energy Technologies

WASHINGTON, D.C. —  In support of President Biden's Investing in America agenda , the U.S. Department of Energy (DOE) today announced $63.5 million for four transformative technologies through the Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. The four projects have demonstrated a viable path to market and represent technologies focused on aerogels for energy-efficient insulated glass units, thermal batteries to supply combined heat and power from renewable electricity, energy-dense solid state batteries, and cement decarbonization. SCALEUP supports the Biden-Harris Administration’s efforts to advance critical research and development helping to propel America’s energy innovation leadership on the global stage.

“America is an innovation superpower, and President Biden is helping to scale up the next generation of clean energy solutions that will advance the nation even further toward our net-zero goals,” said U.S. Secretary of Energy Jennifer Granholm. “By catalyzing the commercialization of promising technologies, we are empowering the private sector to go all in to boost American manufacturing, strengthen national security and ensure our competitive edge.” 

The SCALEUP program provides new funding to previous ARPA-E awardees that have successfully de-risked their technology and established a viable route to commercial deployment.

The four projects selected as part of the latest SCALEUP program are: 

  • AeroShield Materials (Waltham, MA) will develop a pilot manufacturing facility for aerogels for high-efficiency insulated glass units that will enable residential and commercial buildings to become more energy efficient, meeting current and future ENERGY STAR targets for windows. (Award amount: $14,500,000) 
  • Antora Energy (Sunnyvale, CA) will scale up production of its thermal battery technology, which turns low-cost renewable energy into reliable, on-demand heat and power for industrial facilities, enabling rapid decarbonization of the industrial sector. (Award amount: $14,500,000) 
  • Ion Storage Systems (Beltsville, MD) will support domestic manufacturing of next generation solid-state lithium-metal batteries and accelerate commercialization of the technology into the electric vehicle market. (Award amount: $20,000,000)
  • Queens Carbon (Pine Brook, NJ) will develop an on-site pilot facility capable of producing carbon-neutral supplemental cementitious materials using industry standard raw materials to support decarbonized cement production. (Award amount: $14,500,000) 

This is the third cohort of projects selected under the SCALEUP program, and you can access full project descriptions for the technologies above on the ARPA-E website.

One of the project teams from the initial SCALEUP—Natron Energy, a global leader in sodium-ion battery technology—recently began commercial-scale operations at its manufacturing facility in Holland, Michigan.  LongPath Technologies—another awardee from the initial SCALEUP—has created a paradigm shift in methane detection and mitigation by developing technologies capable of detecting over 90% of methane leaks down to 0.2 kg/hr from nearly a mile away. LongPath recently received an LPO conditional commitment of $189 million. Finally, Sila—a next-generation battery materials company also funded under SCALEUP—was selected to received up to   $100 million in funding through the Bipartisan Infrastructure Law (BIL)   to support the build-out of a facility in Moses Lake, Washington. Early ARPA-E funding and SCALEUP support were instrumental in the company’s success, and continued support demonstrates how critical President Biden’s whole-of-government strategy is to supporting energy technology from early stages, such as R&D, to full-scale deployment.   In 2021, ARPA-E issued the second SCALEUP program, which went on to support work in hybrid electric aircraft; high-power density magnetic components; efficient, cost-effective and compact U.S.-manufactured electric vehicle charging equipment; wood products that are stronger, lighter and less expensive than structural steel; rare earth-free permanent magnets; floating offshore wind; and geomechanical energy storage.  The SCALEUP program has successfully demonstrated what can happen when technical experts are empowered with the commercialization support to develop a strong pathway to market, and this latest cohort furthers the Biden-Harris Administration’s commitment to supporting American energy innovation. 

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Read Our Research On:

  • How Americans View National, Local and Personal Energy Choices
  • 2. Americans’ views on local wind and solar power development

Table of Contents

  • 1. Views on energy development in the U.S.
  • 3. Americans’ perceptions of solar power in their own lives
  • Acknowledgments
  • The American Trends Panel survey methodology
  • Appendix: Detailed charts and tables

Amid a major increase in renewable energy development across the country, some projects are facing resistance from local residents . In addition, there’s been a rise in the number of local regulations aimed at restricting or preventing renewable energy projects.

Chart shows One-third of U.S. adults say a nearby solar development would help their local economy

The Pew Research Center survey explores how Americans would feel about a wind or solar power development in their own community.

On balance, more think wind or solar development would help rather than hurt their local economy. But large shares think it would make no difference or are not sure. Respondents were asked to consider the prospect of wind and solar developments separately, but views on these two types of renewable energy development are very similar.

  • When it comes to the installation of a solar panel farm in their community, 33% think this would help their local economy while just 7% think it would hurt it. A majority of Americans don’t see a clear positive or negative impact: 30% say it would make no difference and an identical share say they are not sure.
  • Views of the local economic impact of a wind turbine farm are similar: 33% think it would help the local economy, compared with 9% who say this would hurt it. Another 27% say installing a wind turbine farm would make no difference and 31% are not sure.

Democrats are far more positive than Republicans about the local impact of solar and wind development, consistent with differences on renewable energy issues generally:

  • Among Democrats and Democratic leaners, 46% say installing a solar panel farm in their community would improve their local economy, compared with just 3% who say this would hurt it. Another 23% think it would make no difference.
  • In contrast, only 21% of Republicans and GOP leaners think a local solar development would help their local economy. Still, few Republicans (10%) think this type of development would hurt the local economy. The most common view is that it would make no difference (39%).

Younger adults are more likely than older adults to say that wind and solar developments in their community would help the local economy. For instance:

  • 45% of U.S. adults under 30 think installing a solar panel farm in their community would help the local economy. Just 24% of those ages 65 and older say the same.
  • Both Democrats and Republicans ages 18 to 29 are more likely than their older counterparts to say that wind and solar installments would have a positive effect on their local economy.

Chart shows Americans have mixed views on how wind and solar power developments would impact their community

The survey also asked Americans to consider the local impact of wind and solar developments on things like the beauty of the landscape and utility bills. Overall, the public expresses fairly mixed sentiment across the examples asked about.

For instance, 45% of U.S. adults say that the installation of a solar panel farm in their area would definitely or probably make the landscape unattractive. Almost as many (42%) say it would not do this. Four-in-ten say a solar panel farm would take up too much space, while 43% say it would not.

On balance, more Americans think a local solar development would lower the price they pay for electricity than not (44% vs. 37%). Views tilt positive on the impact on tax revenue – though many say they’re not sure.  

Opinions about the impact of wind power development follow the same general patterns as those for solar power.

Democrats hold more positive views than Republicans on the impact of local wind and solar development on tax revenue and utility prices.

Republicans are more likely than Democrats to expect that local wind and solar development will negatively impact the landscape and take up too much space.

For more details on these differences, refer to the Appendix .

Rural Americans’ views of local renewable energy development

For the U.S. to meet its goal of being carbon neutral by 2050, the country will have to vastly increase its solar and wind power developments, requiring millions of acres of land . Many of these wind and solar developments are expected to be in rural areas, where land is more available and cheaper.

Chart shows About half of rural Americans say installing a solar panel farm would make the landscape unattractive

Funding for renewable energy projects is already flowing into rural parts of the country. For example, the Biden administration in 2023 announced $11 billion of funding for renewable energy projects in rural communities . At the same time, many of the protests against wind and solar developments have happened in rural areas .

The survey finds that rural Americans have less positive views of wind and solar developments than Americans who live in urban or suburban areas.

  • Rural Americans are less likely to say wind and solar developments would help their local economy. About a quarter of rural residents (26%) say a local solar development would help their local economy, compared with 33% of suburban residents and 40% of urban residents.
  • Rural residents are more likely to expect negative outcomes from local wind and solar development: About half say that a solar panel farm in their community would make the landscape ugly. By contrast, 37% of urban Americans say this.
  • Rural Americans are less likely to expect positive consequences from renewable energy development. For example, 35% of rural residents say a local solar panel farm would lower the price they pay for electricity, compared with 51% of urban residents.

Rural Americans are more likely to lean toward or identify with the Republican Party than Americans who live in suburban or urban areas. Still, there are some differences in views among Republicans, with rural Republicans tending to be more critical of renewable energy developments than Republicans living in urban areas.

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