BASINGSTOKE, England, Nov 22 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found the global volume of EV charging sessions, where an EV’s battery is charged using a charging point, will exceed 1.5 billion per annum in 2026, from just 200 million in 2021. This remarkable growth rate of more than 665% over the next five years will be driven by greater government incentives for electric vehicles, as well as more widespread charging service availability.
The research identified incentives for EV ownership as having significantly increased take-up in Europe, with coordinated incentives packages needed in North America to stimulate growth. To support greater electrification, Juniper Research recommends EV charging vendors work with governments and other stakeholders, including fuel retailers, to plan coordinated public charging network roll‑outs, or the mass electrification of mobility will stall.