There is an immense untapped potential in EV market especially in countries within the Association of Southeast Asian Nations (ASEAN), where there has been positive momentum regarding the EV production and its charging infrastructure. Malaysia plans to build 25,000...
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EMEA EV Charger Market Outlook in 2020 and the Factors Driving it Further
Even though 2020 was a challenging year for most of industry sectors but EVSE (Electric Vehicle Supply Equipment) market in EMEA particularly in some of major European countries grew at a rapid pace owing to the major investments and subsidies from the government as...
Plans and Incentives Driving the Major E-Mobility Markets
Global CO2 emissions dropped 5.8% in 2020 but are expected to increase again in 2021 according to IEA. Consumers worldwide are still reluctant to forsake ICEs for EVs owing to lack of charging infrastructure. Many countries, like Germany, France and the UK have shared...
European Climate Law to be the Lifeline out of Pandemic
The pandemic shrunk the EU’s economy by 6.1% in 2020. The European Climate Law proposes a 55% reduction in net greenhouse gas emissions by 2030, compared to 1990. A European scientific advisory board on climate change is established under the European Climate Law. In...
Shifting to Off-Peak Electric Vehicle Charging to Save Billions
Summary The Electric Vehicle (EV) market is transitioning from AC charging to DC fast charging. The widespread use of EVs may lead to reduced reserve margins in the electrical system. Eventually, all electric truck charging stations will be connected to the...
Global EV Chargers Market by Region, Capacity and Application – 2020
With a constant push from governments and regulatory authorities towards EV adoption, most developed countries were able to accelerate development in the electric vehicle supply equipment (EVSE) market in the year 2020. The exponential growth in this industry has not...
EV Charging and Power Grid: New Infrastructure & Business Models?
Electric Vehicles (EVs) are on a path to provide a clean, sustainable economically viable alternative to vehicles with internal combustion engines (ICEs). Every day, new targets are being set by governments and car OEMs on the increased adoption of EVs....
Self-sustainable Off-grid EV Charging Solutions
Conventional electricity generation has been fulfilling electricity demand and driving economic growth for decades, but it is not sustainable in the long run as it poses a serious environment threat. Hence especially following the ‘Paris Climate Treaty’[1] world is...
Oil Companies and Energy Retailers Take Charge in EV Charging Space
With the global shift towards renewables and an increasing number of companies pledging to shift to alternate energy systems, major oil companies and energy retailers have decided to take the plunge in order to remain relevant in the market by acquiring charging...
Changed Energy Outlook following Georgia Run Off
President Elect Joe Biden is set to take oath on 20th January,2021, and although his win was confirmed on January 6th, the senate’s control was undecided until the recent victory of Senator Jon Ossof and Senator Raphael Warnock, both Democrats, in the Georgia run-off elections.
Climate worries pushing manufacturers away from Coal
Globally there is a growing consensus to move towards less carbon intensive power generation in a bid to tackle pollution and environmental concerns. This consensus is reflected in the decline[SS1] [KM2] of coal consumption in 2019, although there are disparities...
EV chargers market growth Part II: Policy Stimulus in Europe
Electric Vehicles (EVs) are on a path to provide a clean, sustainable economically viable alternative to vehicles with internal combustion engines that use non-renewable fuel and are damaging to the environment.