Market Analysis Report U.S. Electric Vehicle Charging Infrastructure Mark

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U.S. Electric Vehicle Charging Infrastructure Market Share, Size,
Key Players, Research and Forecasts to 2025 | Hexa Research
“ The U.S. electric vehicle charging infrastructure market is expected to reach
USD 4.37 billion by 2025.”
15 January 2019
The U.S. electric vehicle charging infrastructure market is expected to reach USD 4.37 billion by 2025 as a
result of increasing demand from widespread applications owing to its features such as high quality, cost
effective, and Eco-friendly. U.S. government and the insurance companies are taking efforts to promote the
sell and usage of EVs. For instance, tax benefits are provided to the customers at the time of purchase.
Furthermore, countries like France and UK are offering discounts on insurance and bonus on payments to EV
buyers. With the increase in the number of sale of EV vehicles, need for supporting charging infrastructure is
also expected to grow which is anticipated to aid in the growth of this market over the foreseeable future.
U.S. EV charging infrastructure comprises dedicated setups installed for charging vehicles, powered by an
electric engine. The growth of this market is marketed majorly by initiatives taken and investments made by
the U.S. governments for developing electric vehicle enabled infrastructure throughout the country. For
instance, the initiatives involved building of free as well as paid charging spots in parking areas and other
important road corridors.
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