Electric Transport: What’s Coming and What’s Not in in 2020 (and Beyond)

More

Tesla Cybertruck unveiled, starting at $39,900

More

All-electric Lexus UX 300e introduced in Guangzhou

More

All-new Mercedes-Benz EQC priced from $67,900

More

Truemag

  • Electric Car News
  • Electric Car Reviews
  • Plug-in Hybrids
  • Technology
  • Home
  • About Us
  • Privacy Policy
  • Advertise
  • Charging Map

Report: more than $80B will be spent on global EV infrastructure development by the end of 2025

A new report from Navigant Research analyzes the global market for plug-in electric vehicle (PEV) charging equipment sales, providing global market forecasts, segmented by region, power level, technology type, end use, and networking capability, through 2026.

The PEV market is entering a new phase thanks to battery cost declines, making way for longer-range PEVs and a wider range of vehicle body types. This shift is driving an uptick in electric vehicle (EV) charging investment by major stakeholders, and creating opportunities for specific charging technologies such as DC fast chargers and smart, grid-integrated chargers.

According to the report, more than $80 billion is expected to be spent on global EV infrastructure development by the end of 2025, leading to the development of nearly 230 GW of charging capacity.

“Rising PEV penetration across multiple vehicle types and into a wider variety of environments and customer segments is creating a lot of room for innovative business models and technologies,” says Scott Shepard, senior research analyst with Navigant Research. “The market is currently trending toward the development of publicly available ultra-fast solutions, but there is still much ground to be gained in private network development for fleets, apartments, and workplaces.”

According to the report, stakeholders with the ability to fund large-scale deployments—such as governments, utilities, and automakers—will continue to play an outsized role in the growth of EV charging installations during the next 3-5 years. After that period, the market is expected to reach a more truly demand-driven status, as the growing PEV population drives interest in a range of charging options.

The report, Market Data: Electric Vehicle Charging Equipment, analyzes the global market for PEV charging equipment sales and installations. The study covers the major drivers for the charging market by access type (home, private, and public) and use cases (workplace; multi-unit dwellings; destination parking; fleets of light, medium and heavy duty EVs), and the potential uptake of Level 1 and Level 2 AC, DC, wireless and networked EVSE. Global market forecasts for charging equipment sales and installations, by port and by charger, and segmented by region, technology type, access type, and location type, extend through 2026.

Jul 26, 2017Blagojce Krivevski

BMW will build battery-electric MINI in UKHow the Formula E Season 3 title can be won?
You Might Also Like
 
EV Charge Points Will Be Central To Future Neighborhoods
 
ABB to charge Scania electric buses in Östersund, Sweden
Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

July 26, 2017 Electric Car NewsEV Charging, Navigant Research
  • facebook
  • twitter
  • youtube
  • instagram
  • feedburner
Recent News
Volkswagen is focusing its motorsport strategy on e-mobility
November 30, 2019
BMW Group, Great Wall Motor to build new electric car plant in China
November 29, 2019
Hyundai Reveals Top 10 Myths About Electric Cars
November 29, 2019
Electrified sales up 41% in Europe in October
November 29, 2019
Race car meets production model: Volkswagen ID.R and ID.3 at the Essen Motor Show
November 29, 2019
About
ElectricCarsReport.com ElectricCarsReport.com is a website dedicated to pure electric vehicles and the full range of consumer information and tools about electric cars, green technology energy, and the environment.
Latest News
Volkswagen is focusing its motorsport strategy on e-mobility
November 30, 2019
BMW Group, Great Wall Motor to build new electric car plant in China
November 29, 2019
Hyundai Reveals Top 10 Myths About Electric Cars
November 29, 2019
Subscribe

Sign up for our newsletter to receive the latest news and event postings.

Get in touch

Email: [email protected]

Archives
  • facebook
  • twitter
  • youtube
  • instagram
  • feedburner
DMCA.com
2019 © ElectricCarsReport.com | All Rights Reserved.