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Engineering thermoplastics have a lot of potential in the charging infrastructure for electric mobility in addition to novel uses in the electric car powertrain.
The electrical and electronics (E&E) and automotive industries are the main sources of the need for the different components.
The body of the EV charging connector is often composed of thermoplastic. Due to the rising demand for electric vehicles, North America and Europe are the top two regions for connection imports.
For some time the United States has been one of the top importers of electric connectors.
The Global EV charging connector thermoplastic market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
With the help of their pan-European Mobility Service Provider (MSP) agreement, Shell and BYD will provide individual and business owners of BYD’s BEVs and PHEVs access to 275,000 charging stations via the Shell roaming network. Additionally, Fleet Solutions and Depot Charging services will be created jointly by Shell and BYD for BYD clients in Europe.
In various parts of the world, both businesses will work to provide integrated home energy solutions like dynamic tariff scheduling, solar integration, house batteries, and Vehicle-to-Grid (V2G) charging.
The chemicals business believes that developing thermoplastics in the charging infrastructure for electric mobility has a lot of potential given the new uses in the electric car powertrain. The electrical and electronics (E&E) and automotive industries are the main sources of the need for the different components.