Whitepaper

Region-Wise Deployment of Electric Vehicle Charging Infrastructure

Written By: Efra Usmani
Published On: June 5, 2023

Whitepaper

Region-Wise Deployment of Electric Vehicle Charging Infrastructure

Written By: Efra Usmani
Published On: June 5, 2023

• The transport sector is heavily reliant on fossil fuels and accounts for 37% of CO2 emissions from end use sectors (International Energy Agency).

• Globally APAC is the leading region in terms of EV charging infrastructure installed base which is evident from the annual sales of passenger EVs in the region. • Utilities have been very active in the EV charging business especially in Europe where major utility companies like Enel, E.ON, Engie, EDF, and Innogy have acquired EV charging companies such as EVBox and Nuvve or are acting as CPOs.

• In EMEA, petroleum giants have emerged as the biggest players in the EVSE sector as oil giants like Total and Shell have acquired multiple big EV charging OEMs.

Globally, especially advanced economies, in the wake of rising carbon emissions and associated climate change, are shifting from Internal Combustion Vehicles (ICEs) to Electric Vehicles (EVs). International commitments, especially

The Paris Agreement, have a significant role in pushing economies to take measures to reduce their emissions which in turn has led to the global emergence of the EV industry. The Paris Agreement is a legally binding international treaty on climate change which was adopted by 196 countries at COP21, and its goal is to curtail global warming well below 2, preferably to 1.5 degrees Celsius, compared to preindustrial levels. [1]

The transport sector is heavily reliant on fossil fuels and accounts for 37% of CO2 emissions from end use sectors according to International Energy Agency. Emissions have been rising, over the past decades, with the exception of 2020 when it dropped by 10% YoY to 7.2 Gt of CO2, as compared to 8.5 Gt, due to COVID-19. [2] So, the transport sector has a crucial role in curtailing global warming by providing a timely transition from ICE vehicles to electric vehicles. But the sustenance of EV sales especially is heavily reliant on the availability of charging infrastructure which is being deployed globally (APAC, EMEA and Americas).

In this white paper we will discuss region wise deployment of charging infrastructure in APAC, EMEA and the Americas, and major trends in the EV charging industry in detail.

EV Charging Infrastructure Service Overview

 

The research presented in this article is from PTR's EV Charging Infrastructure market research. For information about this service please submit a request shown below.

Europe: +49-89-12250950 

Americas: +1 408-604-0522

Japan: +81-80-7808-1378 

GCC/Rest of APAC: +971-58-1602441 

Recent Insights

Powering Up the UK: 25 GW of HVDC Transmission Capacity by 2030

Powering Up the UK: 25 GW of HVDC Transmission Capacity by 2030

The HVDC global market has gained traction due to the expansion of renewable energy resources across the globe. In Europe, the increasing number of HVDC interconnections are mainly due to offshore wind expansion and the regulations in existence, such as the EU's...

European Climate Law to be the Lifeline out of Pandemic

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...

Developments in the HVDC market in 2020

Developments in the HVDC market in 2020

The imposition of global lockdowns to curtail the spread of pandemic in 2020 significantly reduced the electricity demand. According to International Energy Agency (IEA), electricity demand dropped 2% making it the largest drop in demand in the last 50 years and far...

Changed Energy Outlook following Georgia Run Off

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.