Electric Vehicle Charging Infrastructure Market Size Is Expected To Reach USD 144.97 Billion By 2028
San Francisco, 23 April 2021: The Report Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report By Charger Type (Slow, Fast), By Connector (CHAdeMO, CCS), By Application (Commercial, Residential), And Segment Forecasts, 2021 - 2028 The global electric vehicle charging infrastructure market size is expected to reach USD 144.97 billion by 2028 registering a CAGR of 33.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The significant market growth is primarily due to the rising number of initiatives undertaken by both public as well as private sectors to encourage the population to switch to EVs. As a result, the demand for EV charging infrastructure is expected to grow significantly. For instance, in the U.S., the Washington State Department of Transportation has partnered with the Oregon Department of Transportation to construct the West Coast Electric Highway (WCEH) that consists of...