Click to enlarge.
The global EV charging infrastructure market is set to grow at a compound annual growth rate of 13.6% from 5.8 million units in 2025 to 11.0 million units in 2030, forecasts GlobalData, the respected consultancy. Countries such as the US and China have seen especially fast growth in EV uptake, supported by substantial public investment in charging infrastructure. [This despite the politicization of EVs by the King Trump Administration. Perchance it should be renamed the King Canute Administration. – AutoCrat]*
“Global outlook for battery electric vehicles (BEVs) remains strong, supported by increasing consumer uptake, fast-paced technology advances, and supportive government policies. BEV sales are projected to rise significantly, growing the worldwide EV fleet over the coming years in line with existing policy directions and driving higher battery demand. While China continues to lead the market, demand is spreading more broadly, with meaningful growth in both emerging economies and mature markets such as the EU and the UK,” said Rehaan Shiledar, Senior Power Analyst at GlobalData.**
Click for more.
China is a leader in EV production, accounting for over half of global sales and production due to strong government support, significant investment in infrastructure, and advanced domestic manufacturers. China delivered about 7.5 million units of BEVs in 2024 and is expected to produce about 13.5 million units of BEVs by 2032.
Europe is estimated to reach 11.8 million units by 2032, whereas North America and the rest of the world are estimated to produce about 5.9 and 5.8 million units of BEVs, respectively, by 2032. The global BEV production stood at 11.4 million units in 2024 and is estimated to reach approximately 37 million units in 2032.
GlobalData’s latest report, “Electric Vehicles in Power: Strategic Intelligence,” reveals that rising EV adoption is intensifying the need for more public charging stations to keep pace with growing electricity demand. Investments are being directed toward strengthening high-speed charging capabilities, highlighting the industry’s emphasis on infrastructure build-out to support the expanding EV market.
“Vehicle-to-Grid (V2G) technology is rapidly gaining traction driven by the increasing adoption of EVs, the need for grid stabilization with the rise of renewable energy sources, and supportive government policies. The technology enables EVs to return stored energy to the power grid from their batteries. V2G is part of the broader vehicle–grid integration paradigm and can supply electricity to homes, commercial buildings, and any loads tied to the grid. The parallel expansion of EV fleets and smart-grid capabilities has driven the development of V2G, and demand for the technology is expected to rise alongside further EV adoption and smart-grid deployment,” said Shiledar.
Several companies are actively advancing V2G solutions to capitalize on this growth. Companies such as Vattenfall, E.ON, and Nuvve are developing and implementing vehicle-to-grid technology, using electric vehicles as mobile energy storage assets, according to GlobalData.
*AutoInformed on
**GlobalData
GlobalData says that “4000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.” J.D. Power is also part of GlobalData. Inquiries at: customersuccess.automotive@globaldata.com
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Rising EV Sales Deepen Need for Charging Systems
Click to enlarge.
The global EV charging infrastructure market is set to grow at a compound annual growth rate of 13.6% from 5.8 million units in 2025 to 11.0 million units in 2030, forecasts GlobalData, the respected consultancy. Countries such as the US and China have seen especially fast growth in EV uptake, supported by substantial public investment in charging infrastructure. [This despite the politicization of EVs by the King Trump Administration. Perchance it should be renamed the King Canute Administration. – AutoCrat]*
“Global outlook for battery electric vehicles (BEVs) remains strong, supported by increasing consumer uptake, fast-paced technology advances, and supportive government policies. BEV sales are projected to rise significantly, growing the worldwide EV fleet over the coming years in line with existing policy directions and driving higher battery demand. While China continues to lead the market, demand is spreading more broadly, with meaningful growth in both emerging economies and mature markets such as the EU and the UK,” said Rehaan Shiledar, Senior Power Analyst at GlobalData.**
Click for more.
China is a leader in EV production, accounting for over half of global sales and production due to strong government support, significant investment in infrastructure, and advanced domestic manufacturers. China delivered about 7.5 million units of BEVs in 2024 and is expected to produce about 13.5 million units of BEVs by 2032.
Europe is estimated to reach 11.8 million units by 2032, whereas North America and the rest of the world are estimated to produce about 5.9 and 5.8 million units of BEVs, respectively, by 2032. The global BEV production stood at 11.4 million units in 2024 and is estimated to reach approximately 37 million units in 2032.
GlobalData’s latest report, “Electric Vehicles in Power: Strategic Intelligence,” reveals that rising EV adoption is intensifying the need for more public charging stations to keep pace with growing electricity demand. Investments are being directed toward strengthening high-speed charging capabilities, highlighting the industry’s emphasis on infrastructure build-out to support the expanding EV market.
“Vehicle-to-Grid (V2G) technology is rapidly gaining traction driven by the increasing adoption of EVs, the need for grid stabilization with the rise of renewable energy sources, and supportive government policies. The technology enables EVs to return stored energy to the power grid from their batteries. V2G is part of the broader vehicle–grid integration paradigm and can supply electricity to homes, commercial buildings, and any loads tied to the grid. The parallel expansion of EV fleets and smart-grid capabilities has driven the development of V2G, and demand for the technology is expected to rise alongside further EV adoption and smart-grid deployment,” said Shiledar.
Several companies are actively advancing V2G solutions to capitalize on this growth. Companies such as Vattenfall, E.ON, and Nuvve are developing and implementing vehicle-to-grid technology, using electric vehicles as mobile energy storage assets, according to GlobalData.
*AutoInformed on
**GlobalData
GlobalData says that “4000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.” J.D. Power is also part of GlobalData. Inquiries at: customersuccess.automotive@globaldata.com
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.