The global electric vehicle charging infrastructure market is projected to reach USD 140 billion by 2030, growing at an annualized rate of 31.2%, claims Roots Analysis

18 day(s) ago
URL: https://www.rootsanalysis.com/press-releases/197-the-global-electric-vehicle-charging-infrastructure-market-is-projected-to-reach-usd-140-billion-by-2030-growing-at-an-annualized-rate-of-312-claims-roots-analysis.html
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Increasing awareness related to the importance of reducing carbon footprint across the globe, has compelled individuals to adopt cleaner mobility alternatives, such as electric vehicles

Roots Analysis has announced the addition of “Electric Vehicle Charging Infrastructure Market, 2019-2030” report to its list of offerings.

Currently, many regional governments are promoting the adoption of electric vehicles. However, most of the countries presently don’t have the required charging infrastructure for such vehicles; it is worth noting that construction of a charging infrastructure network reportedly costs between USD 3,500-6,500. We believe that higher adoption of these cleaner alternatives is likely to provide opportunities for electric vehicle charging infrastructure providers and thereby, drive the growth of this market in the foreseen future.

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