A new report , "Charging Infrastructure for Electric Vehicles and Fleets 2025-2035: Markets, Technologies, and Forecasts", has been released by market intelligence firm IDTechEx.
Electrification of cars, buses, and trucks drastically reduces CO2 emissions at the point of use compared to a diesel or petrol alternative, and research company IDTechEX predicts that over 180 million electric vehicles to be sold annually by 2044.
EVs are surging in popularity, but their growing numbers strain ageing electricity grids. This creates a need for off-grid charging solutions, explored in IDTechEx's new report.
Based on its ongoing research into the EV charging market, IDTechEx estimates that 222 million chargers will be needed by 2034 to support the growing global EV fleet.
Global efforts to decarbonise medium- and heavy-duty (MHD) freight vehicles are crucial for reducing transportation-related greenhouse gas (GHG) emissions.
The race to decarbonise on-road vehicles is undoubtedly being led by battery-electric powertrains. However, the superior energy density of fuel cell systems, when compared to today’s Li-ion battery systems, means that they can deliver a greater range for the same system weight.