Unlike many other businesses, 2020 was beneficial for the Electric Vehicle Supply Equipment (EVSE) industry. The number of new charge points grew 32% YoY. The percentage growth varied across different countries depending on the incentives, grants and funding offered. The current global market is dominated by countries with EV and EVSE friendly incentives, which will be necessary to shift from ICEs to EVs.
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EV Charging Infrastructure Market Research
Recent Insights
A Rush for Residential Charging as EVs Go Mainstream
Capturing 90% of the Americas market, the U.S. ranks 2nd globally with 300,000 charging points installed in 2021. The government intends to add...
The EV Charging Revolution in India
The unavailability of adequate charging infrastructure had been the key impediment for the accelerated adoption of electric vehicles in India. In...
EV Charging Infrastructure Funding: Overcoming Barriers to Widespread Adoption
• One of the main supporting technologies required to support the wide-scale adoption of electric vehicles is the EV charging infrastructure.• The...