Electric Vehicle Charging Market Facts 2023-2027
The latest Electric Vehicle Charging Infrastructure UK Market Report underscores the dynamic growth and transformative potential of the EV charging infrastructure market. It reflects the convergence of technological innovation, environmental imperatives, and policy support shaping the future of electric mobility.
To celebrate the release, we’ve compiled 5 electric vehicle charging market facts that are further explored in the report.
Electric Vehicle Charging Market Facts
1. The market for electric vehicle (EV) charging infrastructure is experiencing substantial growth, reflecting an increasing number of public EV chargers and a greater uptake of EVs by companies and fleets.
2. There is a notable increase in both the number of Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs), indicating a significant shift towards electric mobility.
3. The report highlights an approximate 46% increase in the number of EV charging points within the UK public charging network compared to the previous year.
4. The market is influenced by various factors, including environmental targets aimed at reducing CO2 emissions and driving the uptake of more sustainable transport methods.
5. Technological advancements and government initiatives are playing a critical role in shaping the trajectory of the EV charging infrastructure market.
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- Electric Vehicle Charging Market Facts 2023-2027