Entering text into the input field will update the search result below

A Look At Investment Opportunities In The EV Charging Sector

Summary

  • According to 3 studies, the global electric vehicle charging station market is forecast to grow at a CAGR of between 40.5% and 48.3% from 2019 to 2026.
  • Comments on the charging network opportunity and the different charging options.
  • A look at some leading global EV charging companies.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Get started today »

This article first appeared on Trend Investing on December 20, 2019; therefore all data is as of this date.

Electric Vehicle [EV] charging stations or home charging are both fast becoming much-needed infrastructure to help support the EV boom. Based on the Bloomberg forecasts (10m sales pa by 2025, 28m pa by 2030, and 56m pa by 2040 of electric car sales) we can see there will be a massive need for new chargers each year.

It is worthwhile remembering that almost every electric car buyer will need to buy a home charger and it is the cheapest way to charge. Added to this will be the public chargers to help support longer trips or destination charging (work, hotel, etc.).

In this article I take a first look at the opportunity and the leading companies involved. I may follow-up with an article of one or two of the best opportunities.

The global fleet of EVs is forecast to soar to ~125m EVs by 2030

Source: Bloomberg

Forecasts for EV charging stations

  • A 2018 KPMG report stated that Netherlands has the most charging stations per kilometres with 19.3 charging stations per 100 kilometers. China has 3.5, UK 3.1, Germany's 2.8, Japan 2.3, and USA 0.9.
  • Statista (2019): In 2013, there were 5,900 high speed charging stations globally, and by 2020, this is forecast to reach 200,000.
  • CSO forecast: (2019) "The Global Electric Vehicle Charging Station Market is expected to grow at CAGR 40.5% during the forecast period, 2019-2026 and will reach over USD 3.4 Billion by 2026."
  • Market Future Research forecast (2019): "The Global Electric Vehicle Charging Station Market is expected to gain an unprecedented volume of 43,528.7 thousand units by 2025, with a CAGR of 41.79% during the forecast period (2019–2025)."
  • Data Bridge Market Research forecast (2019): "Global

Trend Investing

Thanks for reading the article. If you want to sign up for Trend Investing for my best investing ideas, latest trends, exclusive CEO interviews, chat room access to me, and to other sophisticated investors. You can benefit from the work I've done, especially in the electric vehicle and EV metals sector. You can learn more by reading "The Trend Investing Difference", "Subscriber Feedback On Trend Investing", or sign up here.

Latest Trend Investing articles:

This article was written by

Trend Investing profile picture
26.53K Followers

The Trend Investing group includes qualified financial personnel with a Graduate Diploma in Applied Finance and Investment and well over 20 years of professional experience in financial markets. They search the globe for great investments with a focus on trending and emerging themes. The current focus is on electric vehicles, the EV metals supply chain, stationary energy storage and AI.

They lead the investing group of the same brand name, Trend Investing. Features of the service include: Access to the Trend Investing portfolio, 7 monthly news updates, a monthly macro trends update, stock watchlist, CEO interviews, and direct access to the community and group leaders in chat.

Analyst’s Disclosure: I am/we are long TSLA, BYD CO [HK:1211]. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information in this article is general in nature and should not be relied upon as personal financial advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
ABBNY--
ABB Ltd
ABLZF--
ABB Ltd
BAMXF--
Bayerische Motoren Werke Aktiengesellschaft
BLNK--
Blink Charging Co.
BMWYY--
Bayerische Motoren Werke Aktiengesellschaft

Related Analysis