The Green Energy Revolution is here and it is quite visible with the number of electric vehicles, batteries and EV charging stations being deployed. Demand for Electric Vehicle is rising beyond the expectations. Along with electric vehicles, EV chargers and batteries are also showing exponential growth. Recently, Statista released charts and figures showing the sudden increase in demand and also the key players in the EV market.
“For many years, drivers thinking about switching to an electric car have had very limited choices … in recent years, however, with the growing acceptance of electric cars, more and more manufacturers decided to enter the EV market. Tesla, one of the very early movers in the market, is still the best-selling EV brand in the United States.”
With the rapid demand and growth in electric vehicles comes the need for batteries. That being said, Deutsche Welle reports,
“The future of Europe’s carmakers depends on reliable supplies of cheap lithium-ion cells … [and] at least seven big new ‘Gigafactory’-scale battery pack production plants are planned for Europe.”
With rise in electric vehicles and battery demands, EV charging points have shown significant rise in demand as well. Statista reports,
“Tesla Model X and S cars have become increasingly common on U.S. roads, as have a multitude of other electric cars such as the Chevrolet Volt and Nissan Leaf. [In turn] the number of outlets has also grown as the technology has matured with 47,000 of them now scattered across the country, including 6,270 fast charging outlets.”
There is no doubt in the fact that green energy requirement is increasing and there seems no stoppage at the moment.
Source: Clean Technica
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