BCG’s Aakash Arora tells The Economist that the complexity of the electric vehicle (EV) charging industry has slowed the rollout of public charging points. It’s a problem that could limit the growth potential of the EV market if sufficient investments in charging infrastructure are not made. A BCG report estimates that by 2030 there will be 6.5 million EV charging points between Europe, China, and the US; however, far more will be needed to meet the rising demand for public charging.
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The Economist