Published in 2022 by the Telenor Group, this article provides a comprehensive overview of the Electric Vehicle (EV) market across Europe. It outlines the escalating demand for charging point installations, noting the entrance of automotive supply chain companies, battery providers, and real estate businesses into this expanding market. While acknowledging the presence of technical, regulatory, and economic hurdles impeding the widespread adoption of EV charging stations, the article emphasizes the role of IoT connectivity as a fundamental catalyst. This connectivity offers diverse value propositions to charging point operators, car manufacturers, and EV users. Conclusively, the article suggests that fostering a burgeoning ecosystem around electric vehicles will necessitate robust 4G and 5G cellular connectivity at charging points as the market progresses.
Keywords:
Connected/ EV Vehicles, Internet of Things (IoT), Market Sizing, Smart Grid