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USA EV and EV Charging Equipment Market: Ken Research

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Anuj Rawat
USA EV and EV Charging Equipment Market: Ken Research

The US has a vision of building a national network of 500,000 EV chargers along USA’s highways and communities and have EVs make up at least 50% of new car

The EV & EV Charging Equipment Market in USA is highly consolidated with highly competitive rivalry among the competitors. Some of the popular EV brands like Tesla and Wall Box compete on the basis of Product Range, Pricing, No of Charging Services, efficiency of Services.

USA Electric Vehicle Charging Stations Market

USA Electric Vehicle Supply Equipment Division

 USA Electric Vehicle Supply Equipment Division

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1. Exploring Tax Incentives: The IRS Code's Credits and Rebates for Electric Vehicles and Alternative Fuel Infrastructure.

 Number of Public EV Charging Points in USA

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2. Growth Opportunities for the 4-Wheeler EV Market in the USA through Increased Public Awareness and Local Manufacturer Entry.

Commercial Use Electric Car Division USA

According to Ken Research estimates, the Market Size of USA EV & EV Charging Equipment has shown increasing trend from 2017 to 2022. The EV market faced the brunt due the COVID-19 outbreak. Lockdown resulted in the temporary closure of manufacturing plants & other businesses that have negatively affected the sales of electric two wheelers leading to flatter growth in 2020. Also, the public and private charging stations have been expanding at a rapid rate in the recent years.

  • The US consumer being generally wealthy with a higher GDP per capita will prefer a four-wheeler over two-wheelers.
  • people’s inclination towards EVs and government effort towards setting up the requisite infrastructure will promote Electric Vehicles across the country.
  • Higher income states like California have higher concentration of Electric Vehicle Charging Infrastructure owing to high number of Electric Vehicles. 


For More Insights On Market Intelligence, Refer To The Link Below: –

USA EV & EV Charging Equipment Market Outlook to 2027

Related Reports By Ken Research: –

Netherlands EV Charging Equipment Market Outlook to 2027

UK EV Charging Equipment Market Outlook to 2027

KSA Automotive Market Outlook to 2027


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