The infrastructure for charging heavy-duty electric vehicles is an all-inclusive system for distributing electricity from the electric grid and transferring it to charge electric vehicles like trucks and e-buses.
The market for heavy-duty electric vehicle charging infrastructure is predicted to expand at a strong 35.07% CAGR over the forecast period.
The increasing need for energy-efficient commuting and government support for electric vehicles and their charging infrastructure through tax breaks, subsidies, and other preferred policies are further factors driving market expansion.
The Global EV heavy duty charging infrastructure 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.
Volvo and Pilot have decided to create a charging infrastructure for medium- and heavy-duty electric trucks. All battery-electric Class 8 truck brands will be able to use the chargers, which will be available at a few Pilot and Flying J travel centres across the United States.
The company announced over the summer that it was constructing a network of 2,000 fast charging stations across 500 of its U.S. travel centres, with the first stations being made available for use soon. This represents the next step for Pilot in its electric vehicle journey.
The initiative is Pilot and Volvo’s attempt to address infrastructure issues that have impeded the electrification of medium- and heavy-duty trucks and provide a chance for public funds from federal, state, and local agencies to aid in the development of a high-performance charging network.
© Copyright 2017-2023. Mobility Foresights. All Rights Reserved.