Home World Fast Charging EV Sessions to Exceed 1.5 Billion by 2026 Globally

Fast Charging EV Sessions to Exceed 1.5 Billion by 2026 Globally

Fast charging DC stations will be the next key competitive battleground within the EV charging landscape.

by Gopal Nair
Fast Charging DC Stations

A new study from Juniper Research has found the global volume of EV charging sessions, where an EV’s battery is charged using a charging point, will exceed 1.5 billion per annum in 2026, from just 200 million in 2021.

This remarkable growth rate of more than 665% over the next five years will be driven by greater government incentives for electric vehicles, as well as more widespread charging service availability.

Home Charging Still Dominating EV Charging Sessions, but Not Revenue

The new research, EV Charging: Key Opportunities, Challenges & Market Forecasts 2021-2026, found that home charging will decline slightly; accounting for over 70% of all EV charging sessions in 2026, compared with just over 80% in 2021. However, the report found that this dominance does not directly translate into hardware revenue for charging point vendors, with public charging stations accounting for 56% of charging point hardware revenue globally in 2026.

EV Charging Market Research: EV Charging Market Research Report.

Download the Whitepaper: How EV Charging is Driving Market Mobility

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