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Global EV Charging Infrastructure Expansion

Sector: Electric Vehicles (EVs)

Source: GreentechLead

Project
Planned

The global electric vehicle (EV) charging infrastructure market is projected to grow rapidly, with total charging ports expected to reach 206.6 million worldwide by 2040. The residential EV charging market will dominate, accounting for 133 million ports by 2040. Annual global spending on EV charging infrastructure is forecasted to grow at an 8 percent CAGR from 2026 to 2040, reaching $300 billion.

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Project Information

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The project “Global EV Charging Infrastructure Expansion” is an infrastructure initiative in the Electric Vehicles (EVs) sector. Taiyo aggregates data on it from GreentechLead.

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Participants

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Status

Original status

planned

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Email

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Description

Description

The global electric vehicle (EV) charging infrastructure market is projected to grow rapidly, with total charging ports expected to reach 206.6 million worldwide by 2040. The residential EV charging market will dominate, accounting for 133 million ports by 2040. Annual global spending on EV charging infrastructure is forecasted to grow at an 8 percent CAGR from 2026 to 2040, reaching $300 billion. Key regional growth includes Asia-Pacific led by China, Americas led by the US, and Europe, Middle East & Africa (EMEA) with significant investments in public and residential charging.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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