Next Move Strategy Consulting
Africa Electric Vehicle (EV) Charging Market Report: Trends, Insights, and Forecast for 2030
Africa Electric Vehicle (EV) Charging Market Report: Trends, Insights, and Forecast for 2030
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The Africa Electric Vehicle (EV) Charging Market is experiencing significant growth and projected to reach USD 256.53 million by 2030, with a robust CAGR of 30.3% to 2030.
This growth is driven by the increasing adoption of electric vehicles and the critical role of charging infrastructure in supporting this transition. EV chargers, essential for delivering electrical energy to vehicle batteries, vary by charging speed and type, connecting plug-in EVs to power sources for efficient recharging.
Key market players, including EV Charge (Pty) Ltd., Rubicon Group, Bolt Earth, WallBox Inc., Zimi Charge Pty Ltd., Schneider Electric, Siemens, BP PLC (Pulse), Shell Plc, ABB Ltd., Chargify Pty Ltd., Aeversa Inc., BMW Group, Allego B.V., and Fortum, are driving innovation and expansion in the sector. These companies are contributing to the development of charging infrastructure across Africa, addressing diverse needs from urban to rural settings.
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