Smart mobility and electrification are reshaping the future of mobility and accelerating the transition to e-mobility. Electric vehicle (EV) sales keep increasing, now more than 1 million units globally, one of the fastest growing segment of the automotive market.1 While geographic discrepancies are high, the trend is accelerating further, and sales are likely to rise in coming years.
The roll out of EV charging infrastructures is critical for EVs to be adopted on a large scale. New infrastructure development, especially charging points, is essential to keep addressing customers’ range-anxiety and further bolster the uptake of EVs. Consequently, the deployment of charging infrastructure coupled to EV penetration are creating new market opportunities and attracting new players.
Assessing who can capture new value generated by this market is critical. Indeed, business models and development scenarios are constantly reshaped, making it uneasy to forecast financial returns and economic benefits for market players.
The EV charging ecosystem has the potential to reshape the mobility of tomorrow
The development of e-mobility represents a billion-euro opportunity that companies should seize by preparing the future from today. The key is to adopt viable business models that enable them to differentiate themselves from competitors in an increasingly crowded market. As the Achilles heel of the electric vehicles (EVs) market lies in the charging infrastructure, this is a crucial avenue to explore in order to gain a competitive advantage.
Capgemini Invent’s point of view aims to bring new perspectives to the EV charging market for light-duty vehicles. We conducted interviews with industry executives from energy companies to automakers, academics and representative samples of customers to provide the most encompassing study on the charging infrastructure market to date.
We also analysed the ecosystem by understanding the different relations and mapping the players and then identifying emerging business models.
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