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EV charging market set to surpass $239 billion by 2031, aided by government support and growing EV use.
The EV charging station market is projected to exceed $239 billion by 2031, driven by government support and rising EV adoption.
Major players like ABB and Schneider Electric are enhancing solutions, including user-friendly and accessible charging points.
By 2025, public EV charging will improve, catering to a broader range of users, including disabled drivers, under new standards.
Fleet managers are also accelerating EV transitions, focusing on efficient charging and integration with fleet management systems.
4 months ago
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