MONACO EV CHARGER MARKET
INTRODUCTION
Seven public parking lots and other key areas in the Principality have Monaco On terminals installed. This is the outcome of the implementation of the recently introduced Monaco On system.
The idea is to get Monaco residents to buy an electric automobile in order to conserve energy and lessen the country’s carbon imprint.
The Monaco Principality’s MONACO ON electric vehicle charging stations are easily identifiable by their bright yellow exteriors. Nearly 7% of the overall fleet of automobiles in the Monegasque country are electric or hybrid cars.
There will be 80 new charging stations built in parking lots and 12 on the roads (7 for cars and 2 for two-wheelers).
They are readily recognisable due to their bright yellow color, cost nothing, and are available whenever you need them without a membership.
With increased efficiency, these terminals can recharge their batteries in just 1.5 hours. enough to inspire you to switch to electricity!
An electric vehicle charging station is a piece of equipment that links an electric vehicle (EV) to a power source in order to recharge electric vehicles such as cars, neighbourhood electric vehicles, and plug-in hybrids.
A charging station, also known as a charge point or electric vehicle supply equipment (EVSE), is a piece of equipment that provides electrical power to plug-in electric automobiles for charging (including electric cars, electric trucks, electric buses, neighbourhood electric vehicles, and plug-in hybrids).
MONACO EV CHARGER MARKET SIZE AND FORECAST
The Monaco EV charger market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
NEW PRODUCT LAUNCH
AQUA Electric Marine Fast Charger Arrives in Monaco. This is what AQUA SuperSport had in mind when they announced that their new network of high-powered marine fast chargers had now connected the esteemed Yacht Club of Monaco and the Marina Cala Del Forte in Italy.
In an effort to uphold its image as a proponent of sustainable mobility, The Boat Club of Monaco has upgraded its dockside charging infrastructure with a pair of AQUA Superpower 2nd-generation fast chargers to accommodate the growing electric boat industry.
The ultra-fast charger that is currently being installed throughout the planet. The HV family of chargers is the most potent and quick in the world, able to charge an EV battery in a matter of minutes and 100 kilometers in less than five.
Efacec aggressively participates in the biggest markets for electric mobility, particularly in Europe and the United States, but it also places a strong emphasis on other markets, including those in Asia, Latin America, and Oceania, where it has a leading position in the industry in some nations.
In the Monegasque fleet, there were about 7% electric and hybrid vehicles. Both the quantity and the strength of the power needed for charging are rising.
The capacity of the most recent Zoé and nearly four times that of top-of-the-line vehicles are each less than half of a normal charging socket’s maximum 25 kWh capacity.
The government is gradually replacing self-service charging stations with electric service stations with several terminals in public parking lots and on public roadways. Meeting the demand for more potent, quicker, and broadly accessible recharging is the goal.
The charging stations were already free and simple to use, but they will now be more effective and noticeable.
Installation will continue along the public highway in designated, cost-free, and convenient locations (near shops and busy places).
The terminals will soon receive a new yellow graphic style that will increase their visibility, similar to public parking lots.
The government has been pursuing an especially alluring strategy to encourage the use of electric vehicles. The steps to do so include a purchase subsidy, free charging, a discount on season passes for public parking garages, free overground parking, and a free annual car tax sticker.
There are already over 1,000 free charging stations (for 4- and 2-wheelers) accessible in the public parking lots of the Principality to support their growing use in the car fleet.
On the roadways, there are eleven public quick-charging sites. Every Monegasque citizen lives within easy walking distance of a free, public charging station that is 300 metres away. As a result, the installation of charging stations for electric vehicles is ongoing.
COMPANY PROFILE
- ABB Ltd.
- Robert Bosch GmbH
- Siemens AG
- Delphi Automotive
- Chroma ATE
- Aerovironment Inc
- Silicon Laboratories
- Chargemaster PLC
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Monaco EV charger market right now and how will it change in the next 5-6 years?
- Average cost to set up a Monaco EV charger market in the Monaco?
- How many Monaco EV charger markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Monaco EV charger market and key vendor selection criteria
- Where is the Monaco EV charger market manufactured? What is the average margin per equipment?
- Market share of Monaco EV charger market manufacturers and their upcoming products
- The most important planned Monaco EV charger market in next 2 years
- Details on network of major Monaco EV charger market and pricing plans
- Cost advantage for OEMs who manufacture Monaco EV charger market in-house
- 5 key predictions for next 5 years in Monaco EV charger market
- Average B-2-B Monaco EV charger market price in all segments
- Latest trends in Monaco EV charger market, by every market segment
- The market size (both volume and value) of Monaco EV charger market in 2022-2030 and every year in between?
- Global production breakup of Monaco EV charger market, by suppliers and their OEM relationship
