Global EV Charging Stations Market reach USD 138B by 2030 44.5% per year growth

$Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ $BYD COMPANY(01211.HK)$ The article reported that in Asia-Pacific, the Electric Vehicle Charging Station Industry is expected to grow at a CAGR of 44.5%, driven by China's supportive policies and Tesla's investments. Europe ranks second globally, with an estimated market value of USD 54 billion by 2030, led by Germany's expansion of charging infrastructure. North America follows suit, witnessing government investments and collaboration for nationwide charging networks amidst rising electric vehicle sales and technological advancements.

Comment: Major automakers continue to favour building EV charging stations over BS (battery swap) stations now til 2030. You can read this article for the reasons:
Why major Automakers Aren't Even Considering Battery Swapping For EVs

Global EV Charging Stations Market reach USD 138B by 2030 44.5% per year growth

This infographic showed Singapore government adopted EV charging stations network using Renewable energy. There's no plan to build BS station in the near future.

Source:

1. Straits Research forecasts that the Size of the Global Electric Vehicle Charging Stations Market will reach USD 138 billion by 2030, exhibiting a substantial compound annual growth rate (CAGR) of 44.5% - Yahoo Finance

2. Shell launches its fastest EV chargers powered by solar energy at 3 locations - Strait Times

$BYD COMPANY(01211.HK)$ $BYD Co.(BYDDF.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Tesla(TSLA.US)$ $VOLKSWAGEN A G(VWAGY.US)$ $NIO Inc(NIO.US)$ $Li Auto(LI.US)$ $XPeng(XPEV.US)$ $General Motors(GM.US)$ $Ford Motor(F.US)$ $Rivian Automotive(RIVN.US)$ $MERCEDES-BENZ GROUP AG(MBGAF.US)$ $TOYOTA MOTOR CORP(TOYOF.US)$ $GEELY AUTO(00175.HK)$ $Stellantis NV(STLA.US)$

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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.

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