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Private versus Public EV Charging Energy Demand

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SOURCE RESEARCH

Electric Vehicle Energy Consumption

Market Data | 4Q 2024 | MD-EVEC-23

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As demand for Electric Vehicles (EVs) surges, charging infrastructure will continuously expand to accommodate consumers' driver anxiety. With more EVs on the road, energy demand for charging points will explode. Already, the demand for EV charging energy has more than doubled between 2022 and 2024, with energy demand increasing a further fivefold by 2030. This will bring global EV charging energy demand to 446,317 Gigawatt Hours (GWh) annually.

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