Forecast Finds EV Charging Stations to Skyrocket by 2020

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Forecast Finds EV Charging Stations Set to Skyrocket by 2020

Global EV Charger market is forecast to grow from roughly 1 million units in 2014 to more than 12.7 million units in 2020, according to a new report by IHS Inc.

BodyShop Business Staff Writers
By BodyShop Business Staff Writers
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From aftermarketNews.com.

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The global EV Charger market is forecast to grow from roughly 1 million units in 2014 to more than 12.7 million units in 2020, according to a new EV Charging Infrastructure report by IHS Inc. The report investigates the current and future regional deployments of EV charging stations and identifies factors for future growth.

“Deployments of EV charging stations are critical to enable a widespread adoption of electric plug-in vehicles,” said Ben Scott, senior analyst at IHS Automotive. “Most charging stations are expected to be installed in domestic applications, such as a dedicated wall box or simply a charging cord plugged into a household power source.”

According to IHS Automotive, the global production market for pure electric and plug-in hybrid electric (PHEV) vehicles is expected to grow significantly between 2014 and 2020.

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CIF Announces United Recyclers Group as Repeat Annual Donor

This marks U.R.G.’s fourth consecutive donation at the Urgent Care tier.

Jason Stahl
By Jason Stahl
Jason Stahl has 30 years of experience as an editor, and has been editor of BodyShop Business for the past 18 years. He currently is a gold pin member of the Collision Industry Conference. Jason, who hails from Cleveland, Ohio, earned a bachelor of arts degree in English from John Carroll University and started his career in journalism at a weekly newspaper, doing everything from delivering newspapers to selling advertising space to writing articles.
Published:

The Collision Industry Foundation (CIF) announced that United Recyclers Group (U.R.G.) committed again to the CIF Annual Donor Program, marking their fourth consecutive donation at the Urgent Care (second highest) tier.

Introduced in 2021, the Annual Donor Program was designed to bring needed recurring resources to the foundation so it can deliver on its mission to “answer the call” when those in the industry have been impacted by catastrophic events such as wildfires, hurricanes, flooding or COVID.

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