Electric Vehicle Charging Station Market Size, Share & Forecast
Electric Vehicle Charging Station Market The Global Electric Vehicle Charging Stations Market is projected to reach USD 78,553 million in 2027, expanding at a CAGR of 29.8%. The factors driving the growth of Electric Vehicle Charging Station Market includes increasing demand for emissions free vehicles, growing number of portable charging stations and rising Government emphasis to look towards alternative oil fuels. In addition, the increasing Government’s focus on developing electric vehicles charging stations across the world, rising crude oil prices and growing consciousness on adopting environment-friendly fuels, are some of the additional factors augmenting the Electric Vehicle Charging Station Market Size . As per the report published by the Federation of Automobile Dealers Associations’ (FADA), Electric Vehicles sales in India witnessed a 155% YoY growth during FY20 and FY22 to 4,29,217 units in FY22, which will accelerate the market growth in the coming few years. More...