Wireless EV Charging Market to Reach USD 995.8 Million by 2031 | SkyQuest Technology [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Yahoo! Finance
Westford, US, Dec. 04, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global wireless electric vehicle (EV) charging market will attain a value of USD 995.8 Million by 2031 , with a CAGR of 55.5% during the forecast period (2024-2031). The demand for wireless charging for electric vehicles technology globally is increasing due to the rising emphasis towards V2G power transfer and growing penetration of electric vehicles. Furthermore, increasing government support towards wireless EV charging is also boosting the wireless electric vehicle (EV) charging market growth. The growing demand for convenient EV charging and advanced charging infrastructure among consumers is also increasing the growth of the market. Development in inductive charging technology has also created efficient and safe charging solutions for EVs. The inductive coupling has successfully increased the efficiency of power transfer, enabling faster charging times compared to conventional plug-in process. Improved
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CAR
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- 10/31/24 - Miss
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- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
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