The North America electric vehicle charger market is anticipated to grow at a significant rate during the forecast period (2019-2025). North America is one of the regions with a high number of electric vehicle manufacturers including Tesla which has been a major factor in the growth of the market. In November 2020, Tesla Inc has announced the setting up of 20,000 charging stations across the US with the offer of free lifetime charging across all its charging stations in the US for Model S and Model X SUVs.
Additionally, coherent government regulations for electric vehicles and their charging infrastructure, and substantial expenditure by the government and private companies in the construction of charging infrastructure in the region are also expected to drive the North American electric vehicle charger industry.
Browse the full report description of "North American Electric Vehicle Charger Market Size, Share & Trends Analysis Report by Ownership (Public and Private), by Charger Type (Slow Charger and Fast Charger), by Connector Type (AC Connectors and DC Connectors) and Forecast 2019-2025" at https://www.omrglobal.com/industry-reports/north-american-electric-vehicle-charger-market
The high average cost of IC motor vehicles is another significant factor in the growth of the industry. Some of the major electric vehicle companies operating in the area include BMW AG, Audi AG, Ford Motors Co., Jaguar Land Rover, Tesla, Inc., Volkswagen AG, and so on. Companies are expected to invest a substantial amount in the construction of charging infrastructure in the country, which in turn will propel the market growth in coming years. For instance, in May 2019 Volkswagen AG aims to develop 2,000 charging stations under its Electrify America program.
Market Coverage
Key Questions Addressed by the Report
North America Electric Vehicle Charger Market Report Segment
By Ownership
By Charger type
By Connector
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/north-american-electric-vehicle-charger-market