Electric Vehicle Charging Station Industry Overview
The electric vehicle charging station market is moderately consolidated. The market is led by a few companies, such as ABB, Siemens, BYD Company, Siemens AG, and Tesla Inc. The key players are engaged in continuously improving their product offerings through R&D investments, integration of advanced technology, product collaboration, and innovation of existing product lines.
- January 2023: ABB E-mobility signed a global framework agreement to support Scania globally with EV charging solutions. ABB's E-mobility portfolio will enable Scania to provide complete EV solutions for customers, electrifying its fleet and supplying vehicles, chargers, services, and software globally.
- February 2023: FLO announced the FLO Ultra, an ultra-fast charger designed to maximize energy delivery while providing future-proof performance and a smart design for the ultimate EV charging experience.
- March 2023: Okaya, a subsidiary of Okaya Power Group, established a strategic alliance with Prakriti E-Mobility, a fleet operator of electric 4 W cars, to provide charging stations for its fleet operations.
Electric Vehicle Charging Station Market Leaders
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Tesla Inc.
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ABB Ltd.
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ChargePoint Inc.
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Siemens AG
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BYD Company
- *Disclaimer: Major Players sorted in no particular order