GERMANY EV CHARGER MARKET

INTRODUCTION

At its most basic, an EV charger functions much like any other appliance or item you charge by putting into the wall: it draws an electrical current from either an outlet or the grid it is linked to and distributes that power to the car.

In Germany's future energy grid, electric transportation will be crucial. The future transportation industry will become more and more electrified using a growing portion of renewable energy. As a result, electric vehicles will significantly affect the electrical grid.

Although the domestic market for electric cars is growing, the overall size of the electric mobility sector is still small.

GERMANY EV CHARGER MARKET SIZE AND FORECAST

The Germany EV Charger 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.

GERMANY EV CHARGER MARKET DYNAMICS

The first countrywide network of Terra 360 plug-in sites will be launched, according to plans revealed by energy major Shell and technology company ABB E-mobility. According to the manufacturer, the technology is "the quickest all-in-one electric-car charger in the world."

It is intended to distribute more than 200 Terra 360 chargers throughout Germany. The two businesses want to guarantee that all German EV drivers have access to more EV infrastructure and faster charging times.

The Terra 360 can charge numerous cars at once because of its modular architecture, which allows for a variety of setups. Additionally, the new unit has a maximum output of 360kW, which theoretically could charge an electric vehicle in under fifteen minutes.

Aral AG and Siemens Smart Infrastructure worked together to build intelligent substations at gas stations in Germany that are owned by bp Energy. In less than 10 minutes, the self-operated chargers will be able to fully charge an electric car with adequate juice for a 350-kilometer range.

The petrol pumps, also called as ultra-fast chargers (UFCs), will mostly be situated alongside highways, trunk routes, and cities. Up to four electric vehicles may charge simultaneously at each substation's two chargers and two charging stations.

GERMANY EV CHARGER MARKET Recent Partnerships 

Germany has been at the forefront of the electric vehicle (EV) revolution, with a rapidly growing market for electric cars. As the demand for EVs surges, so does the need for an extensive and reliable EV charging infrastructure.

To meet this demand, various companies have been forming strategic partnerships to accelerate the expansion of charging networks across the country. 

In an effort to bolster the charging infrastructure for electric vehicles, German energy company E.ON and pan-European charging network Ionity joined forces. The collaboration aims to deploy ultra-fast charging stations along major highways and key travel routes across Germany.

By leveraging E.ON's expertise in energy supply and Ionis's state-of-the-art high-power charging technology, this partnership promises to reduce charging times significantly, alleviating range anxiety and encouraging more drivers to switch to electric vehicles.

EnBW, a major energy company in Germany, and All ego, a leading provider of EV charging solutions, have announced a strategic partnership to accelerate the expansion of public charging infrastructure.

EnBW's extensive experience in the energy sector combined with All ego's innovative charging solutions creates a formidable alliance aimed at increasing charging accessibility in urban centers, residential areas, and workplaces. The companies also plan to focus on integrating renewable energy sources to power their charging network, contributing to a greener and more sustainable EV ecosystem.

German automaker Volkswagen, a key player in the electric vehicle market, has partnered with ChargePoint, one of the world's largest EV charging networks.

This collaboration seeks to address the critical need for a comprehensive and user-friendly charging infrastructure. Volkswagen's goal is to make EV charging as convenient as refueling traditional cars, encouraging more people to make the switch to electric vehicles.

The partnership involves integrating ChargePoint's charging solutions into Volkswagen's vehicle models, enabling seamless access to the charging network and enhancing the overall EV ownership experience.

Innogy e Mobility Solutions, a subsidiary of the German energy company Innogy, has teamed up with Shell New Motion to expand EV charging options for German consumers. This partnership combines Innogy's expertise in energy management and charging infrastructure deployment with Shell New Motion's global charging network and advanced charging services.

As a result, EV drivers in Germany gain access to an extensive network of charging stations, making long-distance travel and daily charging more convenient and hassle-free.

GERMANY EV CHARGER MARKET COMPANY PROFILE

• Siemens
• Webasto Group
• Statkraft
• ABB E-mobility
• Chargex Gmbh
• Compleo

THIS GERMANY EV CHARGER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How manyEV Chargersare manufactured per annum in Germany? Who are the sub-component suppliers in this region?
2. Cost breakup of a Germany EV Charger and key vendor selection criteria
3. Where are the EV Charger manufactured? What is the average margin per unit?
4. Market share of Germany EV Charger market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Germany EV Charger in-house
6. key predictions for next 5 years in Germany EV Charger market
7. Average B-2-B EV Charger market price in all segments
8. Latest trends in EV Charger market, by every market segment
9. The market size (both volume and value) of the EV Charger market in 2024-2030 and every year in between?
10. Production breakup of EV Charger market, by suppliers and their OEM relationship