Getting OEMs to design sleek electric vehicles and encouraging customers to buy them is just half of the battle.
Once customers own EVs, there is some level of expectation that public charging infrastructure will be made available.
And to that end, major world economies are on a tight schedule when it comes to rolling out EV chargers.
However, the demand for EV charging stations far exceeds the current supply, causing challenges for EV owners seeking convenient and reliable charging options.
This infrastructure gap needs urgent attention and investment to meet the growing popularity and adoption of electric vehicles.
The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.