EV Charging Infrastructure Market Analysis Report 2022 to 2028
EV Charging Infrastructure Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 8.8 Billion |
Market Size by 2028 | US$ 23.39 Billion |
Global CAGR (2021 - 2028) | 15.0% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Platform
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the EV charging infrastructure market. A few recent key market developments are listed below:
- In November 2022, Yulu signed an MoU (memorandum of understanding) with the Karnataka government and announced its plans to invest INR 12 billion in deploying a fleet of 100,000 electric vehicles (EV) and operationalizing the state's largest EV battery charging and swapping infrastructure over the next five years.
- In October 2022, the Luxembourg government announced that 29 projects were chosen following the first call for projects granting financial aid to companies investing in charging infrastructure projects for electric vehicles. The companies involved will receive a subsidy of up to 50% on investments related to the deployment of charging stations with a charging capacity of at least 175 kilowatts.