Industry

Applications: Electric Vehicles (EV)

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More Fast DC Chargers Installed, With China Leading Installations China continues to roll out public charging infrastructure at a fast rate, with over 3.26 million charge points installed by November 2024. Approximately 47% of these are fast DC chargers

ACCUMULATED PUBLIC CHARGE POINTS BY COUNTRY - NOVEMBER 2024

There is an overall trend across countries to faster DC speeds. This shift is primarily driven by falling costs, higher demand for high-speed charging, and increased profit potential.

Content & analysis provided courtesy of Rho Motion (Distinguished Partner). For more information, visit https://rhomotion.com/research/ev-production-quarterly-outlook/.

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