Germany electric vehicle charger market is projected to grow at a significant CAGR of more than 21.0% during the forecast period (2019-2025). Government support, major players' initiatives, and high purchasing power are the key factors to propel the growth of the market. In 2019, around 63,000 electric cars were sold and in 2018, the sales stood at 36,000.
Orion Market Research
Germany Electric Vehicle Charger Market Size, Share, Impressive
Industry Growth, Report 2025
Request
a
sample of
our
report
on Germany Electric Vehicle
Charger Market:
https://www.omrglobal.com/request-sample/germany-electric-vehicle-charger-market
------------------------------------------------------------------------------------
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 7803040404
Germany electric vehicle charger market is projected to grow at a significant CAGR of more than 21.0%
during the forecast period (2019-2025). Government support, major players' initiatives, and high
purchasing power are the key factors to propel the growth of the market. In 2019, around 63,000
electric cars were sold and in 2018, the sales stood at 36,000. Thus, the increasing electric car sales will
demand the increasing availability of charging points which will drive the Germany electric vehicle
charger industry.
(Get 15% Discount on Buying this Report)
A
full
report
of
Germany
Electric
Vehicle
Charger Market
is
available
at:
https://www.omrglobal.com/industry-reports/germany-electric-vehicle-charger-market
In response to the increasing demand for charging infrastructure, the country target to have 50,000
publicly charging stations by 2022. Apart from this, in June 2020, the government announced a $3.03
billion investment for the battery cell production and charging infrastructure. Besides, in January 2021,
Shell has agreed to buy Ubitricity, a German car charger company by the end of the year to cut the
carbon emission. The Ubitricity has more than 2,700 charge points across the UK and more than 1,500
charge points across Germany and France. Therefore, the public and private investment, and adoption
of electric vehicles are accelerating the growth of the Germany electric vehicle charger market.
To learn more about this report request a sample copy @ https://www.omrglobal.com/requ