There is no way EV'S are going away. The biggest problems that have slowed down EV sales is the lack of infrastructure for when people want to travel farther from home and EVs are fairly expensive. But the price differential from ice vehicles is closing as the technology improves with less expensive batteries and lower production costs as EV manufacturing improves.
What is the market outlook for EV charging stations?
The global charging infrastructure market is expected to grow well in the coming year. In 2022 alone, the market for EV charging stations was valued at USD 7.9 billion, based on market research conducted by Apollo Research Reports. This number is forecast to grow to USD 32.2 billion by 2032 with a steady 15.1% CAGR. (Compound annual growth rate)
Metro Vancouver report says over the next 30 years Metro Vancouver alone will need up to 7,700 fast charging ports and up to 97,600 Level 2 ports — special EV charging stations that provide power faster than a standard outlet.