The Electric Vehicle Charging Market size was valued at USD 25.83 Billion in 2023 and the total Electric Vehicle Charging Market revenue is expected to grow at a CAGR of 25.3 % from 2024 to 2030, reaching nearly USD 125.25 Billion.
Electric vehicles are also known as battery electric vehicles, electric vehicles have electric motors instead of internal combustion engines. electric vehicles use a large traction battery pack to power the electric motor and must be plugged into a wall outlet or charging equipment