Analysis: Electric Vehicle Charging Infrastructure 2025: Electric Vehicle Forecasts, Fast Charging and Vehicle-to-Grid Developments
Explore the EV market’s growth, with BEV demand rising to 35.1M units by 2031. Learn about key advancements in charging, V2G tech, and leading companies.
The adoption of electric vehicles (EVs) is expected to surge, with demand for battery electric vehicles (BEVs) rising from 9.8 million units in 2023 to 35.1 million by 2031. The xEV powertrain market is projected to reach $135.1 billion by 2031. Key advancements in charging infrastructure, such as 800V architectures and ultra-fast chargers, will accelerate EV adoption. Developments in bidirectional vehicle-to-grid (V2G) technology will enhance grid stability, reduce costs, and drive further EV adoption. Companies like Qualcomm, GM, and Volvo are leading the way in V2G and smart charging innovations, offering new opportunities for energy management and improving grid resilience.
