Projected U.S. capital expenditure needed to meet charger demand 2030

Published by
Mathilde Carlier,
May 16, 2022
The total forecasted U.S. capital expenditure for charger demand through 2030 amounted to some 97 billion U.S. dollars. Residential chargers are expected to require the largest share of capital expenditure, at 43 billion U.S. dollars.

Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars)

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Release date

April 2022

Region

United States

Survey time period

2021

Supplementary notes

Data includes hardware, planning, engineering, and charging installation costs. Data does not include the costs for grid and site electrical upgrades.

The source specifies that the data is "based on a scenario where zero-emissions vehicles (battery-electric vehicles, plug-in hybrid electric vehicles, fuel-cell electric vehicles) account for half the vehicles sold in the United States in 2030, in line with a federal target."

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