Why are EV charging stations more and more in demand?
1.Policy support from various countries
Since the implementation of electric vehicles, many countries around the world have introduced subsidy policies related to electric car charging stations to support the development of the industry, strengthen the promotion of electric vehicles and the construction of electric vehicle infrastructure. (In October 2021, France launched the “France 2030” investment plan , proposed to invest 300 million euros in the next 10 years to deploy and install car charging facilities. On February 10, 2022, the US government announced a plan to allocate nearly $5 billion over five years to build thousands of electric vehicles Charging stations. South Korea’s Ministry of Land, Infrastructure and Transport said that by the end of 2022, South Korea will increase the number of electric car charging stations in the national highway service area to more than 1,000.)
2.More and more electric vehicles
According to the latest “Global EV Outlook 2021” report released by the International Energy Agency IEA. The scale of global electric car charging stations in 2025 and 2030 is predicted: by 2025, the global electric car charging stations are expected to reach 45.80/65 million respectively, of which the global private electric car charging stations are expected to reach 39.70/56.7 million, respectively. The number of public electric car charging stations is expected to reach 6.10/8.3 million; by 2030, the number of global electric car charging stations is expected to reach 120.90/215.2 million respectively, of which the global private electric car charging stations are expected to be 104.70/189.9 million respectively, and the global public electric car charging stations are expected to reach 104.70/189.9 million respectively. The number of electric car charging stations is expected to reach 16.20/25.3 million.