Latest Trends In Global EV Charging Cable Market

An EV (Electric Vehicle) Charging Cable, also known as an electric vehicle charging cord or connector, is a specialized cable used to connect an electric vehicle to a charging station or an electrical outlet in order to charge the vehicle's battery. Electric vehicles need to be regularly charged to replenish their battery power and extend their driving range.

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EV charging cables come in different types and connectors, depending on the charging infrastructure and the vehicle's specifications

EV charging cables are designed to ensure safety during charging, with features such as temperature sensors, secure locking mechanisms, and compatibility checks. They come in different lengths to accommodate various parking and charging scenarios.

GLOBAL EV CHARGING CABLE MARKET SIZE AND FORECAST

The Global EV Charging Cable Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELOPMENT

EV. Energy, a global provider of electric vehicle (EV) charging software, has partnered with Smartenit, a holistic IoT solutions manufacturer, to bring to market a low-cost, smart EV charging cable that will open up low-cost, grid-optimized, at-home charging to EV drivers, particularly residents of apartment buildings or multi-unit dwellings (MUDs) who lack their own dedicated EV charging stations.

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As EV adoption takes off following the extension of the EV tax credit under the Inflation Reduction Act, vehicle owners report having access to EV charging at home.

Residents of older apartments, condos, and other MUDs commonly lack access to dedicated home chargers and are reliant on public charging infrastructure that is often unreliable and/or broken.

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To meet the growing demand for EVs, nearly one million chargers will need to be installed to support residents of MUDs.

Compounding this challenge is the fact that if these residents drive an older or second-hand EV, these models are more likely to lack embedded telematics connectivity that would allow them to connect their vehicle to utility programs that pay out bill credits or other financial incentives for charging during grid-optimal times.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

How many EV Charging cables are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global EV Charging Cable and key vendor selection criteria
Where is the EV Charging Cable manufactured? What is the average margin per unit?
Market share of Global EV Charging Cable market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global EV Charging Cable in-house
5 key predictions for next 5 years in Global EV Charging Cable market
Average B-2-B EV Charging Cable price in all segments
Latest trends in EV Charging Cable market, by every market segment
The market size (both volume and value) of the EV Charging Cable market in 2023-2030 and every year in between?
Production breakup of EV Charging Cable market, by suppliers and their OEM relationship

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