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Even though China is the forerunner in the EV charging infrastructure, the rest of the APAC (Asia Pacific) countries are not lagging far behind. Japan and South Korea are also amping up their EV charger deployment rate by incentivizing EVs. While Australia and India...
The U.S. Department of Transportation and Energy announced $5B in funding as part of the new scheme,‘National Electric Vehicle Infrastructure (NEVI) Formula Program’ which builds on the already designated Alternative Fuel Corridors. NEVI Formula funding is to be used...
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The HVDC market has gained a lot traction due to the expansion of renewable energy resources across the globe. In the last decade, a significant growth in onshore renewables has been witnessed in North America. To evacuate this energy from generation centres, HVDC has...
The main drivers pushing the USA's power transformer market is replacement of the obsolete transmission network. Moreover, under the Bipartisan Infrastructure Law announced in 2021, heavy investment has been announced in building a reliable transmission infrastructure...
KSA’s distribution transformer market is driven by several development projects in the country, pushing SEC to heavily invest in distribution sector's capacity additions. The projects include housing programs, energy parks, and development of renewable energy....
Ireland is making gradual progress toward the deployment of a grid-scale battery energy storage project. It has over 1 GW projects in development. The stakeholders are working on developing an energy storage-specific policy framework to remove barriers for batteries...
Currently, the majority of EV charging occurs at residential and workplace locations. In the near future, however, the percentage of public charging infrastructure—at public parking spaces, stations, and highways—will skyrocket as home charging needs must be...
Vessel Charging is actively gaining popularity as countries are building up on the battery technology that would allow vessels to utilize electrical energy as alternative clean fuel all around the world; to depend on them in a hybrid or unblended manner. All electric...
The major demand of the South American FACTS market comes from Brazil, Argentina, and Chile. Several large-scale transmission infrastructure developments take up the major share of transmission budget in these countries, due to which very little budget is left to be...
Battery Electric vehicle technologies are being actively adopted and implemented in many regions throughout the world, as countries are aggressively moving forward in hopes of reaching their climate and carbon-neutrality goals. Amidst constraints posed by the...
In 2021, light commercial vehicles (LCV) remained competitive in the EMEA Region (Europe, the Middle East and Africa). Stellantis maintained its spot at the top, with a market share of 22%, followed by the Mercedes-Benz Group and Ford Motor Company, with 18% and 17%...