The broader EV charging infrastructure market was worth approximately $5.2 billion in 2024, and is forecast to grow at a ~29% CAGR, reaching nearly $39 billion by 2032.
Unlike the myth that EVs are incredibly expensive to fix, the truth is simpler.(link to full article at end) The average crash-related repair costs for EVs were $950 more than costs for gas-powered cars but only $269 higher for non-Tesla EVs.
In 2023, more than a million electric vehicles were purchased by American car shoppers.(3) By the second quarter of 2024, the sale of electric vehicles (EVs) increased by 7.3%, which is not as impressive.
