LATVIA EV CHARGER MARKET

INTRODUCTION

The network of "e-mobi" electric vehicle charging stations currently allows for electric vehicle charging in Latvia. On TEN-T routes and in the biggest cities and towns, the first phase of Latvia's national EV fast-charging network was introduced with Seventy charging stations.

While transportation lagged behind, a large portion of the work in Latvia was devoted to improving energy efficiency, particularly in the building sector.

Establishing an electric vehicle (EV) fast charging network on TEN-T roads was one of the key task packages in the Latvian plan for the growth of electric mobility. The first phase of the national fast charging network was finally implemented after a number of delays and modifications to the original plan.

Initial findings and a preliminary analysis of Latvia's national EV charging network after its first year of operation, with the hope that these findings will serve as a first benchmark and a point of comparison for future research on the implementation of EV policy and the country's efforts to reduce greenhouse gas emissions.

The best practice knowledge that was at the time accessible was used to construct the Latvian national electric transportation development plan for all years.

Since very few electric vehicles at the time had a driving range of more than 200 km, it was concluded that the coverage of the national EV charging network needed to be established in order to enable the usage of EVs throughout Latvia.

LATVIA EV CHARGER MARKET SIZE AND FORECAST

The Latvia 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.

MARKET DYNAMICS

Latvia will increase the number of EV charging points.

According to the Ministry of Transport, there are plans to build more such stations around Latvia in order to establish an EV charging station network and so encourage environmentally friendly transportation while lowering pollution and the usage of fossil fuels.

Both the state budget and the European Regional Development Fund would provide the necessary cash for this.

On both a national and a regional level, the infrastructure will be built. The first stage focuses on the European Transport Network (TEN-T) routes, where sixty EV charging stations are to be erected, with no more than 30 km between each station from the next.

The second level is concerned with regional roads that link TEN-T roads. These highways are intended to facilitate the construction of one hundred and seventy five EV charging stations, each of which will be no more than 50 km apart. In cities with more than 5,000 residents, one charging station will be constructed for every 1,000 people approximately.

COMPANY PROFILE

• EV-Top
• ABB
• Tesla, Inc.
• Enelx
• Blink Charging
• Siemens
• Schneider Electric

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perLatvia EV Charger Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up anEV Charger Market In Latvia?
3. How manyLatvia EV Charger Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aLatvia EV Charger Market Andkey vendor selection criteria
6. Where is theLatvia EV Charger Marketmanufactured? What is the average margin per equipment?
7. Market share ofLatvia EV Charger Market Manufacturersand their upcoming products
8. The most important plannedLatvia EV Charger Market Innext 2 years
9. Details on network of majorLatvia EV Charger Market Andpricing plans
10. Cost advantage for OEMs who manufactureLatvia EV Charger Market-house
11. 5 key predictions for next 5 years inTitle Name
12. Average B-2-BLatvia EV Charger Market Pricein all segments
13. Latest trends inTitle Name, by every market segment
14. The market size (both volume and value) ofLatvia EV Charger Market In2022-2030 and every year in between?
15. Global production breakup ofTitle Name, by suppliers and their OEM relationship