Electric Vehicle (EV) Charging Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Electric Vehicle (EV) Charging Market is predicted to reach USD 128.13 billion with a CAGR of 28.2% till 2030.

Electric vehicle chargers are defined by the amount of energy delivered to a vehicle’s battery per unit of time. It is an infrastructure that is used to connect plug-in electric vehicles to an electrical outlet to charge the battery.

The higher the level of charging, the faster the charging process, causing more power to be delivered to a vehicle. Advanced features in EV charging include smart meters, cellular connectivity, and network access, which is available in some charging stations.

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