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Residential EV Charging Station Market to Reach $101 Billion Globally by 2032 at 36.1% CAGR: Allied Market Research

Retrieved on: 
Thursday, February 1, 2024
Growth, Kw, Residential area, Cell, Research report, Fireworks

WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- Allied Market Research has recently published a report, titled, "Residential EV Charging Station Market Size, Share, Competitive Landscape and Trend Analysis Report by Vehicle Type (Passenger Cars, Commercial Vehicles), by Charging Station Type (Less than 11 KW, 11 KW-50 KW, Above 50 KW): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global residential EV charging station market generated $5.4 million in 2022, and is anticipated to generate $101 billion by 2032, rising at a CAGR of 36.1% from 2023 to 2032.

Key Points: 
  • The passenger cars sub-segment accounted for the largest global residential EV charging station market share of 68.2% in 2022 and is expected to grow at the highest CAGR of 36.3% during the forecast period from 2023 to 2032.
  • This is mainly because home charging stations offer greater scheduling flexibility and convenience by reducing the need to visit public charging stations, saving time for EV owners.
  • The residential EV charging station market in the Europe region accounted for the largest share of 37.9% in 2022 and is predicted to hold maximum share by 2032.
  • Leading Players in the Residential EV Charging Station Market:

American Center for Mobility Awarded Grant to Increase Commercial Capacity for Testing and Certification of High-Power Electric Vehicle Chargers

Retrieved on: 
Tuesday, January 30, 2024
MCS, Transport, Combined Charging System, EVS, DCFC, ISO, ACM, Heart, CCS, American Center, Executive, Joint, Environment, Argonne National Laboratory, EV, Private sector, Certification, Fireworks

YPSILANTI, Mich., Jan. 30, 2024 /PRNewswire/ -- The Joint Office of Energy and Transportation has awarded the American Center for Mobility (ACM) and subrecipients CharIN and Argonne National Laboratory, a grant of $2.9 million to help aid America's electric vehicle (EV) charging infrastructure and accelerate a resilient EV charging network.

Key Points: 
  • This project will enhance and expand the electric vehicle (EV) charger testing environment at the American Center for Mobility (ACM), located at Willow Run, in Ypsilanti Township, Michigan.
  • By leveraging both private sector contributions and federal funds, ACM and its partners plan to expand current and evolving EV testing and certification capabilities at the Willow Run test facility.
  • A focus will be on increasing the number of National Electric Vehicle Infrastructure (NEVI)-compliant DC fast charger (DCFC) equipment and implementing rigorous testing methods for EV charger operability and interoperability.
  • Argonne experts will contribute their expertise in interoperability testing, test procedure development and deep understanding of EV charging communication standards.

Nxu Submits for NEVI Grant Funding to Enhance its Major Highway Electrification Goals

Retrieved on: 
Thursday, January 25, 2024
EVS, I-58, EV, I-40, Fireworks

Nxu is pursuing grant funding from the more than $40 million in funds being made available to strategically deploy high-powered, direct-current fast charger electric vehicle charging infrastructure.

Key Points: 
  • Nxu is pursuing grant funding from the more than $40 million in funds being made available to strategically deploy high-powered, direct-current fast charger electric vehicle charging infrastructure.
  • Nxu’s application details the company’s plan to develop, own, and operate seven key charging sites along California’s major highway corridors of I-58, I-15, and I-40.
  • The plan seeks grant funding to supplement the construction and equipment costs of deploying new charging sites, potentially decreasing up to one fourth of Nxu’s total project costs.
  • “Nxu has long been working toward the electrification of high-demand highway routes to ensure EV drivers have a fast, reliable, consistent experience.

Blink and McArthurGlen Team Up to Provide EV Chargers at Famous Dutch Designer Outlets

Retrieved on: 
Thursday, January 18, 2024
McArthurGlen Group, EV, Organization, Roosendaal, Fireworks

Miami Beach, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (“Blink Charging”), a leading global EV-charging provider, is teaming up with McArthurGlen – Europe’s leading owner, developer and manager of designer outlets – to provide visitors to the Netherlands-based designer outlet centers, Roermond and Roosendaal, with state-of-the-art EV charging as they shop. The two designer outlet communities in the South of the Netherlands attract millions of visitors annually. The Roermond designer outlet has 70 EV Chargers, which will grow to 400 in the next two years, while the Roosendaal designer outlet has 19 EV Chargers, which will grow by six more this year.

Key Points: 
  • Miami Beach, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (“Blink Charging”), a leading global EV-charging provider, is teaming up with McArthurGlen – Europe’s leading owner, developer and manager of designer outlets – to provide visitors to the Netherlands-based designer outlet centers, Roermond and Roosendaal, with state-of-the-art EV charging as they shop.
  • The two designer outlet communities in the South of the Netherlands attract millions of visitors annually.
  • The Roermond designer outlet has 70 EV Chargers, which will grow to 400 in the next two years, while the Roosendaal designer outlet has 19 EV Chargers, which will grow by six more this year.
  • Pieter Van Voorst Vader, managing director McArthurGlen, commented that “we are thrilled to be able to provide our customers with Blink’s reliable EV charging at these immensely popular shopping locations.

Xendee Reports Remarkable Growth and Innovation in 2023

Retrieved on: 
Tuesday, January 23, 2024
Environment, Green Technology, EV, Electric Vehicles, Other Transport, Other Construction & Property, Other Manufacturing, Residential Building & Real Estate, Alternative Vehicles, Fuels, Commercial Building & Real Estate, Construction & Property, Engineering, Transport, Other Technology, Building Systems, Software, Manufacturing, Hardware, Other Energy, Utilities, Technology, Fleet Management, Alternative Energy, Energy, Batteries, Automotive, Carbon, Entrepreneurship, Arizona State University, API, Distributed generation, Low-carbon fuel standard, Generator, DER, Electric vehicle, LCFS, Growth, Fireworks

The company released two major new products in 2023, doubled its customer base, and had an excellent customer retention rate of over 95%.

Key Points: 
  • The company released two major new products in 2023, doubled its customer base, and had an excellent customer retention rate of over 95%.
  • “Xendee is thrilled to see the success of our customers and the expanding interest in our software platform to streamline the sales, design, and operation of clean energy projects,” said Adib Nasle, CEO and Co-Founder of Xendee.
  • The first major Xendee launch of the year was MOBILITY , which allows firms to quickly design EV charging infrastructure supported by Distributed Energy Resources.
  • “This year we saw an astonishing 160% growth in the number of optimized projects,” said Michael Stadler , CTO and Co-Founder of Xendee.

Pioneer Power Partners with NOMAD Transportable Power Systems to Launch New Zero-Emission, Mobile EV Charging Platform and Re-charging Solutions

Retrieved on: 
Tuesday, January 23, 2024
EV, Electric Vehicles, Other Energy, Fleet Management, Batteries, Energy, Transportation, Technology, Automotive, Environment, Travel, Other Transport, Transport, EVS, Multimedia, Partnership, Generator, Vertical, Three-phase electric power, Distributed generation, NOMAD, Cell, Fireworks

Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first zero-emission platforms.

Key Points: 
  • Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it is launching its first zero-emission platforms.
  • View the full release here: https://www.businesswire.com/news/home/20240123098373/en/
    ZEeB: Zero-Emission EV Charging Platform (Photo: Business Wire)
    Developed in partnership with NOMAD Transportable Power Solutions, Inc. (NOMAD), the leading domestic manufacturer of zero-emission, utility-scale mobile energy storage, Pioneer’s Zero Emission e-Boost (“ZEeB”) and EXZELCR platforms set a new bar in meeting the growing demand for low-carbon, mobile, e-Boost solutions with grid-gap solutions.
  • Like all of Pioneer’s e-Boost platforms, ZEeB and EXZELCR are mobile, but the new platforms offer the added benefit of battery energy storage to provide zero-emission EV charging.
  • “NOMAD is committed to delivering mobile energy storage solutions that fill the gaps in providing safe, clean, reliable power,” said NOMAD CEO Paul Coombs.

Global Electric Vehicle (EV) Charging Communication Unit Market 2023-2032: Technological Advancements and Smart Charging Solutions, and Standardization and Interoperability Emerge as Key Drivers - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 23, 2024
EV, Electric Vehicles, Automotive, Region, Bev, EVS, LG Corporation, Geometric group theory, Direct, Carbon, Alternating current, AC, CCU, Communication, Investment, Acquisition, Qualcomm, CES, Transport, Economic development, Prevalence, Growth, Fireworks

The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.

Key Points: 
  • The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.
  • The global EV charging communication unit market is currently experiencing a substantial transformation owing to the rapid adoption of electric vehicles (EVs) on a global scale.
  • BEVs dominate the EV charging communication unit market due to advancements in battery technology, government policies, and environmental awareness.
  • China's Leadership in the EV Charging Communication Unit Market:
    China leads the global EV charging communication unit market due to its significant production and adoption of EVs and charging infrastructure.

Logan Capital Named to PSN Top Guns List of Best Performing Strategies for Q3 2023

Retrieved on: 
Wednesday, January 17, 2024
Banking, Professional Services, Finance, ETF, Gun, Database, Spinal muscular atrophies, Zephyr, Investment, Top Gun, PSN, SMA, Fireworks

Logan Capital Management (“ Logan ”) has been named to the respected PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q3 2023.

Key Points: 
  • Logan Capital Management (“ Logan ”) has been named to the respected PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q3 2023.
  • Logan had two portfolios recognized in the Q3 2023 PSN Top Guns List with 3 designations including Concentrated Value and International Dividend ADR.
  • “Zephyr's PSN SMA database pioneered the curation of SMA data and is the leader in providing important due diligence on strategies.
  • The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/ .

Bullet EV Predicts EV Charging Trends that Will Impact Automotive and Fleet in 2024

Retrieved on: 
Wednesday, January 24, 2024
Anxiety, Hatred, EVS, Pressure, EV, Work, Electric vehicle, Fireworks

AUSTIN, Texas, Jan. 24, 2024 /PRNewswire/ -- Bullet EV Charging Solutions , a rapidly growing installer of EV chargers, solar panels, and battery storage systems, has released its predictions for major Electric Vehicle (EV) charging trends expected to impact the automotive and fleet industries in 2024.

Key Points: 
  • AUSTIN, Texas, Jan. 24, 2024 /PRNewswire/ -- Bullet EV Charging Solutions , a rapidly growing installer of EV chargers, solar panels, and battery storage systems, has released its predictions for major Electric Vehicle (EV) charging trends expected to impact the automotive and fleet industries in 2024.
  • Prices will inevitably come down as battery technology evolves, and EV infrastructure will ultimately be built to alleviate drivers' range anxiety.
  • And since most EV charging occurs at a driver's home, those living in apartments are demanding charging.
  • Bullet EV currently offers commercial and residential EV charger installation services in Texas, California, Arizona and Colorado and is set for national expansion this year.

Global Electric Vehicle (EV) Charging Communication Unit Analysis Report 2023: Market to Reach $1.536 Billion by 2032 - Charging Infrastructure Developments at the Forefront of Growth

Retrieved on: 
Tuesday, January 23, 2024
Region, Bev, EVS, LG Corporation, Geometric group theory, Direct, Carbon, Alternating current, AC, CCU, Communication, Investment, Acquisition, Qualcomm, EV, Transport, CES, Economic development, Prevalence, Growth, Fireworks

The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.

Key Points: 
  • The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.
  • The global EV charging communication unit market is currently experiencing a substantial transformation owing to the rapid adoption of electric vehicles (EVs) on a global scale.
  • Influence of Passenger Vehicles on EV Charging Communication Unit (CCU) Market:
    The growth of the EV charging communication unit market is driven by the increasing shift towards electric vehicles (EVs) as the preferred mode of daily transportation.
  • China's Leadership in the EV Charging Communication Unit Market:
    China leads the global EV charging communication unit market due to its significant production and adoption of EVs and charging infrastructure.