Global Electric Vehicle Infrastructure Market set to expand by 2021
United States: The electric vehicles
from Nissan are available at discounts of up to USD10,500 in Colorado under the
limited time group buy program offered by Aurora. The electric vehicles are entitled
for such high discount through a combination of customer cash rebates and
discounts until November 10. Nissan’s partnered with Aurora officials to
introduce this program to upsurge sales of electric vehicles in the region.
TechSci Research depicts that the governments
across the globe have focused on reduction of harmful gas emissions from the
automobile sector, thereby formulating policies to increase the penetration of
electric vehicles in the transportation sector. The growing requirement for
charging infrastructure contributes to the increasing number of electric
vehicles across the globe. The transportation sector accounted for over 20%
share in carbon dioxide emissions, globally, and this can be reduced by
promoting use of electric vehicles in place of conventionally fueled vehicles.
Increasing level of pollution creates a huge opportunity for adoption of
electric vehicles and development of electric vehicle infrastructure during
2016-2021.
According to released report of TechSci Research “Global Electric Vehicle Infrastructure
Market Forecast & Opportunities, 2021”, the global electric vehicle infrastructure market is projected to grow
at a CAGR of 27% by the end of 2021. The growth is expected on account of increasing
number of electric vehicles globally and governments’ policy to promote the adoption
of electric vehicles. The development of battery technologies and enhancement
in charging protocols is a big boost for electric vehicle infrastructure which would
lead to rise in demand for electric vehicles and expansion in market for
electric vehicle infrastructure, globally.