Increased usage of EV charger station

In 2023, electric vehicle (EV) sales are expected to make up about 9% of auto sales, according to Atlas Public Policy, as noted by the Associated Press. That’s up from 7.3% in 2022. It’ll be the first time more than a million EVs have been sold in the country in a single year. In China, EVs made up about 33% of 2023 sales. In Germany, 35%. Norway saw 90%. All these factors are a solid catalyst for EV charging stocks over the long term.

Consumer demand for electric vehicles is rising in the United States, necessitating six times as many chargers on its roads by the end of the decade, according to federal estimates. But not a single charger funded by the bipartisan infrastructure law has come online and odds are they will not be able to start powering Americans’ vehicles until at least 2024

10A 13A 16A Adjustable Portable EV Charger Type1 J1772 Standard