Global electric car sales reached about 17 million vehicles in 2024, up more than 25 percent from 2023. IEA
EVs made up over one in five new cars sold worldwide in 2024, and the share is expected to keep climbing. Our World in Data
By 2030, current policy trajectories suggest around 40 percent of global light duty vehicle sales could be electric, rising to almost 55 percent by 2035. IEA
BloombergNEF projects global passenger EV sales will reach 39 million in 2030, more than double the 17.6 million projected for 2024. BloombergNEF
In other words, the vehicles are coming, whether charging infrastructure is ready or not. That gap is exactly where today’s investment opportunity lives.
Charging demand is growing faster than chargers
Drivers will only follow the EV curve if they can charge easily where they live, work, shop, and travel. Right now, infrastructure is racing to catch up.
The IEA reports that global public charging stock grew more than 40 percent in 2023, with fast chargers growing around 55 percent, and fast chargers now represent over 35 percent of public charging points. IEA
One industry analysis estimates around 3.23 million public charging points globally by the end of 2023, with public chargers growing at a compound annual rate of about 48 percent since 2019. Acuity Knowledge Partners
Looking ahead, public chargers are projected to exceed 15 million by 2030, roughly a fourfold increase from the almost 4 million operating in 2023. IEA
That is healthy growth, but it still lags behind vehicle adoption in many regions. Surveys continue to show that charging access is one of the top concerns holding back some drivers from switching to EVs.
For site hosts and network operators, this imbalance means:
High demand for reliable charging in good locations
Strong utilization potential in under served areas
A window where first movers can secure the best sites and strongest customer relationships
The business case for investing now
Modern charging infrastructure is not just a box on the wall. It is an operating asset that can create value in several ways.
New and diversified revenue
Session fees and energy margins: Direct revenue from charging sessions can grow steadily as EV adoption rises.
Dwell time and spend: Retail locations often see increased customer time on site and higher basket sizes when drivers plug in and stay.
Premium amenities: In multifamily and workplace settings, reliable EV charging is now a differentiator that helps attract and retain residents and employees.
Analysts expect the global EV charging station market to grow from about 39.7 billion dollars in 2024 to much higher levels by 2034, at an estimated 24.4 percent compound annual growth rate. Global Market Insights Inc. PwC projects that in the US alone, total charge points could grow from about 4 million today to 35 million by 2030, and that EV supply equipment revenue could expand from around 7 billion dollars to 100 billion dollars by 2040. PwC
Getting in early lets you build scale and expertise while the market is still consolidating.
Strategic advantages for property owners
For building owners, developers, and fleet operators, charging is also a strategic tool:
Future proofing assets: Regulations and tenant expectations are moving toward EV readiness as a baseline. Early investment reduces the risk of costly retrofits later.
Brand and ESG value: Visible, functional charging is a concrete way to show commitment to sustainability and innovation.
Partnership leverage: Sites with well run charging can become partners of choice for utilities, municipalities, and corporate fleets that need reliable access for their programs.
Technology is maturing at exactly the right time
A few years ago, many investors worried that hardware standards and software platforms might shift too fast. Today the picture is more encouraging:
The fast charging market is moving toward higher power levels, with the share of 250 kilowatt and above chargers climbing sharply. Recent US data shows that more than one third of new DC fast charging ports being deployed are in this higher power class. Paren+1
Open protocols such as the Open Charge Point Protocol (OCPP) and emerging standards for roaming and payments are making it easier to integrate chargers from different vendors and connect to multiple networks. IEA+1
Software platforms are improving in remote diagnostics, smart charging, and load management, which helps protect both the grid and your electrical infrastructure while maximizing uptime and utilization.
In short, you no longer need to place a bet on unproven technology. You can choose solutions that are open, upgradeable, and designed to interoperate over the long term.
So why is now the right moment?
Putting it together, this is what we see:
Demand is real and growing. EVs are already a meaningful share of new car sales and are on track to dominate in the coming decade. IEA+2Our World in Data+2
Charging growth is strong but still catching up. Many regions and use cases remain under served, which creates opportunity for well planned infrastructure. Acuity Knowledge Partners+2IEA+2
Policy support exists, even if the headlines are noisy. Funding programs and local initiatives can still boost project economics for serious, long term operators. Congress.gov+3Alternative Fuels Data Center+3Federal Highway Administration+3
The market is professionalizing. Investors and site hosts who move now can establish track records for reliability, data transparency, and customer experience that will matter more and more as the ecosystem matures. Roland Berger+1
At VoltiE, our view is simple: waiting for “perfect” policy clarity or technology certainty means missing the real window, which is the next few years while the market is growing fast and prime locations are still available.
How VoltiE can help
If you are considering investing in EV charging infrastructure, we are here to make that decision easier and smarter:
We work with property owners, fleet operators, and utilities to design right sized, scalable charging solutions
We help navigate funding, incentives, and program requirements where they are available
We focus on open standards and strong operations so your chargers are not only installed, but perform reliably over time
Curious what charging could look like across your properties or service territory? Reach out to the VoltiE team and let us model a tailored deployment plan, including utilization scenarios and potential return on investment.
The EV transition is not a future event. It is happening now. The real question is whether your sites and your business will be part of the infrastructure that makes it work.