The US Department of Energy (DOE) acknowledges the paramount importance of the electric vehicle (EV) charging infrastructure in fostering economic growth, generating employment opportunities, and ensuring energy security. As the government strengthens its dedication to bolstering electric vehicles by offering tax incentives and investing in infrastructure, many businesses are putting their money into the electric vehicle charging market globally.
Our latest report, The State of EV Charging Market 2023, provides a comprehensive market analysis of this rapidly-evolving sector in the United States.
As the world progresses and focuses on a sustainable future, the future of electric vehicle charging infrastructure is looking brighter than ever. Combining historical analysis with projections to 2030, it is clear that the global outlook for EV adoption is positive.
According to the International Energy Agency (IEA) bull market Sustainability Development Scenario for Electric Vehicles, total electric vehicle sales will grow from 3 million cars to 47 million cars sold globally. The IEA predicts that Plug-in Hybrid Vehicles (PHEV) will continue to hold the market share in 2025. However, IEA estimates that by 2030, EV car sales will top PHEV sales.
Presented here is a sample of one of several comprehensive graphs comparing the information analyzed in our report. This preview focuses on electric vehicle sales globally, with data projections up to FY 2030.
This 61-page report provides a state-by-state analysis of EV charging infrastructure investment to strategically allocate resources for regional growth and development. Additional data points include:
The electric vehicle revolution is undeniably here, and The State of EV Charging Market 2023 Analysis Report is an essential tool for anyone seeking to be involved in this evolving industry.
Whether you’re an investor, business professional, or simply passionate about electric vehicles, this report offers valuable insights and data to help you navigate and thrive in the rapidly growing EV charging market.
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