U.s. Electric Vehicle Charging Infrastructure Market Size, Growth Report and Forecasts, 2014 to 2025

The U.S. electric vehicle charging infrastructure market was valued at USD 167.6 million in 2017 and is predicted to grow further over the forecast period. The increasing adoption of electric vehicles is expected to propel the growth of supporting charging infrastructure. In the United States, governments and the insurance companies provide lucrative offers to promote the selling and usage of EVs. Tax benefits are provided at the time of purchase. However, the extent of exemption depends on the size of batteries used in the vehicle. Countries like France and the UK offered bonus payments to EV buyers and discounts on insurance.