Latest news with #TeslaSupercharger
Los Angeles Times
16 hours ago
- Automotive
- Los Angeles Times
Verge Motorcycles' U.S. Rollout Includes Century City Location
European technology company Verge Motorcycles' first U.S. store opened at Westfield Century City Shopping Center on June 1. Verge's second store opened at Westfield Valley Fair Mall in San Jose on June 6. Verge Motorcycles' international retail strategy is being driven by retail technology visionary George Blankenship, who was instrumental in developing Apple and Tesla's highly successful, ground-breaking showrooms. 'I see the same potential in Verge as I did at Apple two decades ago and Tesla one decade ago when those companies set out to completely redefine their industries,' said Blankenship, who now serves as Verge's chief revenue officer. 'I want Verge to be positioned wherever lots of people are spending time on a regular basis finding new things they might be surprised to see. Westfield Century City is one of the best shopping centers in the world, making it a perfect place for us to start our store operations in the United States.' Verge Motorcycles sees the West Coast as having all the right conditions to successfully launch its U.S. business. Motorcycling is popular in the region, and California also has the most extensive electric vehicle charging network in the country. In June of last year, Verge confirmed its plan to utilize Tesla's NACS charging connector, which means all bikes from day one will be able to utilize the expansive Tesla Supercharger network. 'The United States is already seen as one of our most important markets,' said Pekka Parnanen, chief operating officer of Verge USA. 'Many of the pre-orders for our bikes have come from the western region of the U.S. and California consumers, in particular, are widely known for appreciating and adopting new innovations. Our new stores in Los Angeles and San Jose will begin the rollout of our Verge experience to as many American motorcycle enthusiasts as possible.' In November 2024, at the LA Auto Show, Verge launched its new Starmatter platform, which brings software updates, sensor technology, artificial intelligence and an advanced user interface to motorcycling for the first time. At CES in Las Vegas, Verge announced an update to its flagship model with Starmatter Vision features, including multiple cameras and high-resolution radar, making Verge TS Ultra the first motorcycle equipped with the sense of sight. Information sourced by Verge Motorcycles. To learn more, contact press@
Toronto Sun
3 days ago
- Automotive
- Toronto Sun
New EV rebate program in the works, environment minister says
Published Jun 17, 2025 • 1 minute read A Tesla electric vehicle charges at a Tesla Supercharger location in Santa Monica, California on May 15, 2024. Photo by PATRICK T. FALLON / AFP via Getty Images OTTAWA — Environment Minister Julie Dabrusin tells The Canadian Press the government will bring back a consumer rebate program to help make electric vehicles more affordable. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The federal government's former rebate program for electric vehicles, launched in 2019, was so popular it ran out of funding, leading Ottawa to pause it earlier this year. Dabrusin also indicated Canada's electric vehicle mandate — which states all light-duty passenger vehicles sold off the lot must be zero-emissions by 2035 — won't be changing. Conservatives spent Tuesday in Ottawa calling for the mandate to be scrapped, citing concerns about an auto sector threatened by U.S. tariffs. The Liberals ran in the recent federal election on a pitch to encourage Canadians to make greener choices, after Prime Minister Mark Carney cut the consumer carbon tax rate to zero. In the first four months of this year, around eight per cent of all new vehicles sold in Canada were zero-emissions. Toronto Maple Leafs NHL Toronto Maple Leafs Canada Music
Auto Blog
04-06-2025
- Automotive
- Auto Blog
Elon Musk Cries ‘Corruption' as Tesla Superchargers Disappear from Key US Route
One of the busiest highways between New York and Philly is losing Tesla Supercharger service. A step backwards for EV adoption A common dealbreaker that new car buyers say steers them out of electric vehicles is the sheer state of the charging infrastructure compared to gas-powered cars. Although manufacturers like Ford, Hyundai, Genesis, and Honda offer new owners the opportunity to install a free home charging unit, this is not an entirely 'one-size-fits-all' solution for all owners for various reasons. 0:05 / 0:09 Thinking about buying a Toyota RAV4? These 5 rivals might change your mind Watch More However, as public EV charging appears in more public places and heavily trafficked corridors for the general public's use, one of America's busiest highways has taken a massive chunk of its EV charging offline. Vehicles travel on the New Jersey Turnpike at exit 14 on March 1, 2025 No more Supercharging on the Jersey Turnpike According to a new report by NJ Advance Media and , the New Jersey Turnpike Authority has ordered Tesla to decommission and remove 64 Superchargers at rest stops along the New Jersey Turnpike, the stretch of I-95 spanning northern and southern New Jersey. Per a May 30 statement from the New Jersey Turnpike Authority (NJTA), the state agency responsible for the maintenance and upkeep of the New Jersey Turnpike and the Garden State Parkway, the move comes as the agency decided to transition to what it calls 'Universal Open Access EV chargers' starting on June 6. These chargers, which are provided by Applegreen Electric (an arm of Irish company Applegreen, who operates NJTA's service areas), are said to be compatible 'with all makes and models of EVs' and will be available on June 6 at various service areas across the Turnpike including the Vince Lombardi, Woodrow Wilson, Richard Stockton, James Fenimore Cooper, Joyce Kilmer, and Walt Whitman Service Areas, with additional chargers at the Molly Pitcher Service Area in July and the Clara Barton and John Fenwick Service Areas in Fall 2025. According to early user-reported data from Plugshare, these chargers are capable of up to 400 kW charging and are usually located next to Tesla Superchargers at select service areas. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. A Tesla supercharger is seen on May 10, 2025 in Buttonwillow, California. Tesla responds to the decision However, this move is not without conflict. In a lengthy post on X (formerly known as Twitter) on May 30, the official account for Tesla Charging wrote that the Turnpike Authority's order came after it rejected any requests to coexist with the Applegreen chargers on the Turnpike, adding that it had been 'preparing for 3 years for this potential outcome by building 116 stalls off the New Jersey Turnpike' in certain high-traffic areas. Tesla says that it offered the NJTA 'above-market commercial terms' to sweeten the deal, including offering its NJ Turnpike Superchargers with 'screens and NACS with CCS1 'magic docks.'' Ultimately, Tesla called the NJTA's decision to decommission its Superchargers a step back for all EV users who use the Turnpike. 'Tesla always advocates for more infrastructure and co-location with additional third-party charging providers. This drives down costs through optionality and accelerates EV adoption by having sufficient capacity to shoulder peaks,' the automaker said on X. Vehicles travel on the New Jersey Turnpike in front of the skyline of New York City on March 1, 2025 Despite reaching out to invest in the state, Tesla claims that the NJTA's decision to remove Tesla superchargers is a setback for EV drivers. 'We expect that ~30 times more fast-charging capacity is needed to get to full EV adoption,' it said on X. 'NJTA's decision to remove, rather than add, critical charging infrastructure is a setback for New Jersey's EV adoption goals of 100% Zero-Emission New Car Sales by 2035. It removes Turnpike access to the most reliable (99.9% uptime), least congested (<1% waiters), and cost-effective (~30% lower $/kWh) charging.' In a May 30 post responding to a quote tweet from Tesla fan and Model Y owner Sawyer Merritt, Tesla CEO Elon Musk said that the NJTA's decision 'sounds like corruption.' Final thoughts I do not own an EV, but I live in New Jersey, and while I observe that EV charging is very prevalent in many convenient places adjacent to major highways, including shopping malls like the infamous American Dream mall, large retail centers where Walmarts and Targets are located, and non-service-area roadside stops like Wawas, I view the loss of Superchargers on the Turnpike as a bit of a disservice to EV owners. The New Jersey Turnpike is a major thoroughfare connecting two major Northeastern cities, New York and Philadelphia. Many drivers who travel on it pass through with a further destination in mind, and the faster out of Jersey, the better. Tesla local Indianapolis store — Source: JayIt's not just Teslas that charge at Superchargers. So far, Ford, GM, Rivian, Volvo, Polestar, Hyundai, and Genesis are just some of the manufacturers that support it, with others like Honda and Acura soon to have that capability. Though one may view Tesla Supercharging as anything but universal, as someone who has had to wait upwards of hours in line to charge non-Tesla EVs at 'universal stations,' keeping the Superchargers where they were would help ease any potential congestion these Applegreen chargers will have. Trust me, there will be congestion. The service areas on the Turnpike have Shake Shacks, Dunkins, and Popeyes now.
Miami Herald
30-05-2025
- Automotive
- Miami Herald
Auto review: Hyundai Ioniq 5 XRT sports all-terrain tires, NACS charging
FRANKLIN, Michigan - With its raccoon-like black details, the Hyundai Ioniq 5 XRT is instantly recognizable as a new, 2025 off-road trim for the brand's electric hatchback. It sports a black mask, black wheels, black wheel arches etched with "digital camouflage" graphic, and black mirrors. XRT for Xtra Raccoon Trim. But what many drivers will really appreciate about the latest member of the I5 family is its Tesla-like NACS charging port and all-terrain tires. "WHUMP! WHUMP! WHUMPA! WHUMP WHUMP!" we went across 14 Mile's pothole-pocked dirt road, one of many across Metro Detroit. These dirt roads are bad enough in summer but come spring they are really fraught after a harsh winter, particularly in premium vehicles with low-profile tires like the standard 19-inch-wheel Ioniq 5. Residents along these roads are best served by rugged mules like pickups, Jeeps, Broncos and other off-roaders. For EV fans, the I5 XRT allows them to pair battery and brawn. Just choose the ALL-TERRAIN button on the steering wheel spoke to soften the ride. "WHUMP! WHUMP! WHUMPA! WHUMP!" The high-profile Continental CrossContact ATR tires cushioned the blows as I weaved my way west ... ... toward a Tesla Supercharger station. Tesla, of course, has won the charging wars, defeating the industry-favored standard for bulky, five-prong CCS charging ports with its leaner, two-prong so-called North American Standard (NACS for short) plug. Combined with the Texas automaker's ubiquitous reliable network of fast chargers, it has forced competitors to reluctantly succumb to consumer preference. NACS it is. With customers screaming about fickle third-party DC chargers, EV makers have rushed to buy access to Tesla's reliable network and Hyundai is one of the first automakers to - not just enable access to Superchargers for its clients - but also to equip their cars with NACS ports just like a Tesla. Hyundai NACS has its hiccups, however. I was unable to connect to the 240-volt Tesla charger in my garage (I own a Model 3) because it was a 2018 NACS, which doesn't sync with the Hyundai's 2025 NACS plug. Something about software. Neither could the Hyundai charge on my 240-volt, J1772 Juicebox garage charger that I use to charge non-Tesla EVs with CCS/J1772 ports. If this sounds complicated to folks used to simply stuffing a nozzle into a fuel filler, it is. And it is a reason EVs have proved to be niche vehicles in the U.S. market. Stymied at home, I used I5's native navigation system to locate the nearest Tesla Supercharger in Northville 12 miles away. I'd been before, the last time in June 2024 with a Ford Mustang Mach-E (Ford being the first automaker to gain access to Tesla's network). The Ioniq 5 was much easier to fill. And not just because it has a NACS port that the Tesla cable slipped into as easily as, well, a Tesla. Hyundai also had the good sense to locate its NACS charging port on the rear corner of the vehicle like Tesla (right rear for I5, left rear for Tesla), meaning I simply backed the XRT up to the charger and connected the port. The Mach-E, like most EVs, locates its charging port behind the left front wheel, meaning I had to park the 'Stang against the curb for the cord to reach. Combined with the bulky CCS/NACS adapter required for the Ford, it takes effort. You don't need an adapter to charge the 2025 Hyundai, but you need a Tesla app. Download it. Add the Hyundai to its vehicle list. Then locate the Supercharger where you want to charge. Not all Tesla chargers are available to non-Tesla customers, but the Northville charger was, happily. I plugged in, and my steed slurped electrons. Northville is one of the busiest chargers in Metro Detroit, evidence that Tesla's open-charger policy is catching on. Eight of the nine stalls were occupied on a Tuesday afternoon, with EVs including a Mustang Mach-E and Rivian R1S as well as the usual assortment of Tesla Cybertrucks, Model 3s, Ys and Ss. Hyundai has upped the range on AWD models for 2025 to 290 miles (XRT clocks in at 259 with its all-terrain tires). That's plenty for metro travel, but having the option of more chargers (like more gas stations for an internal combustion-vehicle) makes road trips less stressful. On a recent road trip to two-hours-from-anywhere - Sebring, Florida, for example - the only charging station in town was a Tesla Supercharger. Hyundai, of course, does not have the cachet of the Tesla brand, and two friends recently opted to buy Model 3s as their first EVs. If you're shelling out $50K for a car, brand matters. But for those who want something different, my $56K XRT tester is a shockingly sophisticated (pun intended) EV. It's roomy, utilitarian ... and quick. (For $10K less, its I5 siblings begin at $46K and offer many of the same attributes.) Merging onto I-696 on my way home, I dialed the steering wheel drive button (like a Porsche) to SPORT and buried my right foot. ZOT! Acceleration is, well, bioniq. Car and Driver clocks its 0-60 mph sprint at 4 seconds. Settling into the drive, I told the Ioniq to detour to Popeyes for lunch, and directions quickly appeared on the big, hoodless 24.6-inch jumbotron in front of me. Where Hyundai comes up short is in hands-free driving, where Tesla and General Motors lead the way. Set a destination on a Tesla and it will self-drive there. It's a feature prized by my pals. A Caddy EV, too, will go hands-free on most divided highways. Not Ioniq 5. My XRT's adaptive cruise control system automatically changed lanes (like its EV competitors) when I tugged on the turn stalk - but otherwise required I keep a hand on the wheel. Worse, it nannied me constantly to watch the road even when my eyes had never left it. Sheesh, take a valium. But that camera watching me suggests Hyundai plans over-the-air updates and Ioniq 5 should get more capable with time. High 5. 2025 Hyundai Ioniq 5 Vehicle type: Battery-powered, rear- and all-wheel-drive, five-passenger hatchback Price: $44,075, including $1,495 destination fee ($56,875 XRT as tested) Powerplant: 63 kWh or 84 kWh lithium-ion battery with single or dual-electric-motor drive Power: 225 horsepower, 258 pound-feet of torque (RWD); 325 horsepower, 446 pound-feet of torque (AWD) Transmission: Single-speed automatic Performance: 0-60 mph, 4.5 seconds (Car and Driver, AWD as tested); top speed, 115 mph Weight: 4,707 pounds (XRT as tested) Fuel economy: EPA range: 245-318 miles (259 miles, XRT as tested) Report card Highs: NACS charge port; Michigan-friendly XRT trim Lows: Pricey; hands-free driving, please Overall: 3 stars ____ Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
Yahoo
28-05-2025
- Business
- Yahoo
Electric Vehicle (EV) Charging Services Market to Surge to USD 45 Billion by 2034, Driven by 14.1% CAGR
Electric Vehicle Charging Services Market Report (2025–2034) Luton, Bedfordshire, United Kingdom, May 28, 2025 (GLOBE NEWSWIRE) -- Market Overview The global Electric Vehicle (EV) Charging Services Market was valued at approximately USD 12.5 billion in 2024 and is poised for substantial expansion, projected to reach USD 45 billion by 2034. This growth corresponds to a robust CAGR of 14.1% from 2025 to 2034. Key drivers include increasing EV adoption, favorable government policies, and accelerating investment in fast-charging and smart infrastructure technologies. Get a Sample PDF Brochure: Market Segmentation By Charging Infrastructure Type Level 1 Charging: Popular in residential setups; slower but cost-effective. Level 2 Charging: Fastest-growing segment; suitable for residential, commercial, and public use. DC Fast Charging (DCFC): Critical for highway and urban installations; caters to long-range EVs. Wireless Charging: Emerging segment offering contactless convenience but currently limited by cost and infrastructure. By Charging Station Ownership Public Charging Stations: Essential in urban areas; driven by government and private partnerships. Private Charging Stations: Residential users prefer private setups, supported by incentives. Fleet Charging Stations: Growing with commercial fleet electrification and logistics industry uptake. By Business Model Subscription-Based: Preferred for cost predictability. Pay-Per-Use: Ideal for casual and occasional users. Free with Advertisements: Innovative but niche; growing in urban retail hubs. By End User Individual Consumers: Primary driver of market demand. Commercial Entities: Fleet electrification and sustainability initiatives fuel growth. Government Entities: Investing heavily in public infrastructure to meet climate targets. By Technology Plug-in Charging: Market standard; widely used across all charger levels. Wireless Charging: Offers future potential for urban and autonomous vehicle ecosystems. By Distribution Channel Online: Gaining momentum through digital platforms and apps. Offline: Still dominant in commercial and fleet setups for bulk installations. By Connector Type CCS (Combined Charging System): Market leader due to global standardization. CHAdeMO / Type 2: Region-specific adoption; consistent but secondary. Tesla Supercharger: Dominates Tesla EVs; expanding slowly toward universal compatibility. Regional Analysis North America In 2024, North America accounted for approximately 42% of the global EV charging cables market share, making it the dominant regional player. The market's strength in this region is largely driven by favorable regulatory frameworks that promote electric vehicle (EV) adoption, combined with consistent technological advancements and substantial private-public investments. The United States and Canada have introduced extensive federal and state-level incentives that support the installation of EV infrastructure, which in turn propels demand for high-quality and durable charging cables. Furthermore, North America is witnessing a significant expansion of fast-charging networks, particularly along major highways and urban centers. The integration of EV charging stations with smart grid systems and energy storage solutions is also gaining momentum, creating new avenues for innovation in cable design and functionality. Europe Europe captured around 30% of the global market share in 2024 and is expected to grow at a compound annual growth rate (CAGR) of approximately 13% from 2025 to 2034. The region's market growth is primarily driven by stringent European Union (EU) emission regulations and ambitious urban sustainability initiatives aimed at achieving carbon neutrality. Countries such as Germany, the Netherlands, and Norway are at the forefront, with aggressive electrification targets and strong government support for EV infrastructure. A notable trend in the European market is the deployment of ultra-fast charging stations that require advanced cable technology capable of handling higher power loads. In addition, large-scale public funding and public-private partnerships are enabling the rapid expansion of accessible and standardized charging infrastructure across urban and rural areas, thereby boosting cable demand. Asia-Pacific Asia-Pacific held approximately 25% of the global EV charging cables market share in 2024 and is projected to be the fastest-growing region, with a forecasted CAGR of around 17% from 2025 to 2034. The explosive market growth in this region is primarily fueled by surging EV adoption rates in countries like China, Japan, and South Korea, supported by strong government policies, purchase subsidies, and large-scale investments in EV infrastructure. Urbanization and the need for sustainable transport options are further contributing to the increasing demand for EVs and associated charging equipment, including cables. Key market trends in Asia-Pacific include the domestic manufacturing of charging cables to reduce dependency on imports, as well as the integration of renewable energy sources—such as solar and wind—into EV charging stations. These developments are shaping a highly dynamic and competitive landscape for EV charging cables in the region. Browse full Report - Key Market Players ChargePoint Tesla Supercharger EVgo Blink Charging Electrovolt Ather Energy Tata Power Fortum ABB Shell Recharge Siemens NewMotion Fastned BP Chargemaster Volta Charging Growth Drivers The global EV charging cables market is witnessing significant momentum, primarily fueled by the surge in electric vehicle (EV) sales across both developed and emerging economies. As automakers ramp up production and expand their EV portfolios, the need for reliable, efficient, and fast-charging infrastructure — including cables — is growing exponentially. Another key catalyst is the strong regulatory push by governments worldwide, which are enforcing stringent emission reduction targets and providing policy support such as tax rebates, subsidies, and zero-emission vehicle (ZEV) mandates. These initiatives are encouraging both consumers and businesses to transition to electric mobility. Moreover, technological advancements are reshaping the landscape, particularly with innovations in fast-charging and wireless charging solutions. These technologies demand high-performance cables capable of handling higher voltages and currents while maintaining safety and durability. Additionally, declining battery costs are making EVs more affordable, leading to broader market penetration. Alongside this, increasing consumer awareness about environmental sustainability and long-term cost savings is accelerating EV adoption, thereby driving demand for associated charging infrastructure, including cables. Challenges Despite strong market potential, several challenges hinder the smooth expansion of the EV charging cable industry. One major issue is the uneven distribution of charging infrastructure, which creates so-called 'charging deserts' — areas, particularly in rural or underdeveloped regions, where charging facilities are scarce or non-existent. This limits consumer confidence in switching to EVs and reduces market reach. Supply chain disruptions are another concern, especially post-pandemic and amid geopolitical tensions that have affected the availability of raw materials, semiconductors, and electronic components necessary for manufacturing chargers and cables. Furthermore, the industry grapples with regulatory and technical interoperability issues, as different automakers, regions, and charging networks adopt varied charging standards and connectors. This lack of standardization complicates infrastructure rollout and increases manufacturing complexity. Finally, the capital-intensive nature of installing fast-charging stations — which require robust cables and high-power components — poses financial barriers, especially for smaller market entrants and municipalities with limited budgets. Opportunities Amid these challenges, the market is rich with emerging opportunities. One of the most promising areas is the development of smart charging and Vehicle-to-Grid (V2G) technologies, which enable dynamic load management and allow EVs to feed power back into the grid. These solutions are not only efficient but also help stabilize the energy grid, especially with the growing penetration of renewables. Additionally, the rise of subscription-based and bundled service offerings is transforming the traditional EV charging business model. By integrating cable sales with installation, maintenance, and digital monitoring services, providers can create recurring revenue streams and enhance customer retention. The electrification of commercial fleets, particularly in logistics, last-mile delivery, and shared mobility sectors, is another growth frontier. These applications demand robust and high-capacity charging solutions — including specialized cables — to ensure operational efficiency. Lastly, the global shift toward renewable-powered charging stations aligns with net-zero emission goals, opening up new markets for cables that are compatible with solar and wind-powered infrastructure. Buy Now: Recent Developments: 1. TE Connectivity TE Connectivity, a global leader in connectivity and sensor solutions, has recently focused on advancing high-voltage cable assemblies specifically tailored for electric vehicles. In 2024, the company launched its next-generation high-power EV charging cable solutions that support fast charging up to 1000V and are designed to meet stringent thermal management and safety standards. These cables are equipped with advanced shielding to prevent electromagnetic interference, catering to the needs of high-performance EVs and commercial electric fleets. TE has also expanded its production capacity in Europe and North America to meet rising demand, reinforcing its position as a key supplier for OEMs and Tier 1 suppliers. 2. Leoni AG Leoni AG, a prominent German manufacturer of wiring systems and cables, recently announced the development of its new liquid-cooled high-power charging (HPC) cables. These cables allow for ultra-fast charging at power levels exceeding 500 kW, significantly reducing charging time for EVs. The liquid cooling mechanism ensures optimal temperature control, enabling thinner cable designs without compromising safety or performance. Leoni has entered into strategic collaborations with charging station manufacturers across Europe and Asia, aiming to standardize these advanced cable solutions. In 2024, the company also opened a new R&D facility in Romania focused on EV components, including next-gen cable systems. 3. Aptiv PLC Aptiv PLC, a global technology company, continues to expand its footprint in the EV charging ecosystem. In 2024, the company unveiled its 'Smart Vehicle Architecture', integrating high-voltage cable assemblies that enable intelligent energy distribution in electric vehicles. These cables are part of Aptiv's broader electrification platform and are designed to support over-the-air diagnostics and real-time monitoring, enhancing vehicle performance and safety. Aptiv has also partnered with leading EV manufacturers in North America and China to deliver modular cable systems compatible with both AC and DC charging, positioning itself as a key innovator in intelligent charging infrastructure. 4. Phoenix Contact Phoenix Contact, a major player in electrical engineering and automation, has made headlines with its CHARX connect HPC cable system, which supports charging currents of up to 500A at 1000V. This innovation caters specifically to the needs of high-speed charging stations for electric trucks and commercial vehicles. The system features a lightweight ergonomic design and active cooling, ensuring user-friendliness and long-lasting performance. In 2024, the company expanded its CHARX product portfolio by incorporating smart monitoring functions that detect wear and overheating, boosting safety. Phoenix Contact is actively involved in EU-funded projects to accelerate the deployment of standardized ultra-fast EV charging infrastructure across the continent. 5. Sinbon Electronics Sinbon Electronics, a Taiwan-based cable and connector specialist, has strengthened its presence in the global EV charging market with the launch of its ultra-flexible high-durability charging cable line. These cables are designed for harsh outdoor environments, offering high resistance to abrasion, extreme temperatures, and UV radiation. In early 2024, Sinbon signed new supply agreements with EV charging station providers in Southeast Asia and the Middle East, where climate-resilient infrastructure is critical. The company is also focusing on sustainability, developing cables with recyclable materials and low carbon manufacturing processes. This aligns with its broader ESG goals and enhances its appeal to environmentally conscious OEMs. This report is also available in the following languages : Japanese (電気自動車充電サービス市場), Korean (전기 자동차 충전 서비스 시장), Chinese (电动汽车充电服务市场), French (Marché des services de recharge pour véhicules électriques), German (Markt für Ladedienste für Elektrofahrzeuge), and Italian (Mercato dei servizi di ricarica per veicoli elettrici), etc. Get a Sample PDF Brochure: More Research Finding – Lithium Battery Nickel Plated Steel Strips Market The global market for lithium battery nickel plated steel strips is valued at approximately $1.2 billion in 2024, driven by the rising demand for electric vehicles (EVs) and energy storage systems. As the push for renewable energy and sustainable transport accelerates, the market is projected to reach around $2.6 billion by 2034, reflecting significant growth opportunities. SiC Based Power Electronics Market The global market for silicon carbide (SiC) based power electronics is valued at approximately $3.5 billion, with strong growth prospects driven by rising demand in electric vehicles (EVs), renewable energy systems, and efficient power management solutions. The market is projected to reach around $12 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of approximately 13.4% during the forecast period of 2025 to 2034. Industrial Power Inverter Market The global industrial power inverter market is valued at approximately $12 billion in 2024, with projected growth driving the market to reach around $22 billion by 2034. This reflects a robust compound annual growth rate (CAGR) of 6.6% over the forecast period from 2025 to 2034. Electric Vehicle EV On Board Charger Market The global electric vehicle (EV) on-board charger market is expected to reach approximately $4.6 billion in 2024. Driven by the increasing adoption of electric vehicles, stringent emissions regulations, and technological advancements in EV charging solutions, the market is projected to grow significantly over the next decade. By 2034, the market value is anticipated to soar to around $10.8 billion, representing a compound annual growth rate (CAGR) of approximately 8.7% during the forecast period of 2025–2034. Electric Vehicle Busbars Market The global market for electric vehicle (EV) busbars is valued at approximately $1.2 billion in 2024. The market is projected to grow substantially, reaching an estimated $3 billion by 2034, driven by increasing electric vehicle adoption and advancements in charging infrastructure. This results in a Compound Annual Growth Rate (CAGR) of around 9.4% over the forecast period from 2025 to 2034. Electric Vehicle Charging Infrastructure Market The global electric vehicle (EV) charging infrastructure market is valued at approximately $27 billion in 2024. This market is poised for significant expansion, with a projected worth reaching around $71 billion by 2034. This growth represents an impressive Compound Annual Growth Rate (CAGR) of about 10.3% during the forecast period from 2025 to 2034. Electric Vehicle Thermal Management System Market The global electric vehicle (EV) thermal management system market is valued at approximately $4.5 billion in 2024 and is anticipated to reach around $12.8 billion by 2034. This growth represents a robust Compound Annual Growth Rate (CAGR) of approximately 11.1% during the forecast period from 2025 to 2034. Powder Metallurgy for Electric Vehicles Market The global powder metallurgy (PM) market for electric vehicles (EVs) is poised for significant growth, valued at approximately $8 billion in 2024. As the automotive industry increasingly shifts towards sustainable solutions, the market is projected to reach around $20 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of about 9.5% during the forecast period from 2025 to 2034. Battery Cooling Plates Market The global market for battery cooling plates is valued at approximately $350 million in 2024, driven by the rising demand for electric vehicles (EVs) and renewable energy storage systems. As technological advancements improve battery efficiency and longevity, the market is projected to reach around $1 billion by 2034, exhibiting a robust Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period from 2025 to 2034. Slip Ring for Automobile Generator Market The global slip ring market for automobile generators is valued at approximately $780 million in 2024 and is anticipated to reach around $1.2 billion by 2034. This reflects a Compound Annual Growth Rate (CAGR) of 4.5% over the forecast period from 2025 to 2034. Battery Charge Management IC Market The global Battery Charge Management IC (Integrated Circuit) market is projected to reach a value of approximately $8.5 billion in 2024. This growth is driven by the increasing demand for energy-efficient devices, advancements in electric vehicle technology, and rising consumer electronics usage. From 2025 to 2034, the market is anticipated to expand significantly, with a projected value of around $14 billion, translating to a Compound Annual Growth Rate (CAGR) of about 6.6%. Lithium-ion Battery Equipment Market The global lithium-ion battery equipment market is poised for significant growth, with a projected market value of approximately $35 billion in 2024. This sector is anticipated to expand to around $85 billion by 2034, reflecting robust demand driven by increasing electric vehicle (EV) adoption and renewable energy storage solutions. The Compound Annual Growth Rate (CAGR) for the period from 2025 to 2034 is estimated to be around 9.1%. NEV IGBT Modules Heatsink Market The global market for Electric Vehicle (EV) IGBT modules, particularly focusing on heatsinks, is valued at approximately $1.2 billion. The market is projected to reach around $3.6 billion by 2034, reflecting significant growth spurred by the increasing demand for electric vehicles and advancements in power semiconductor technology. The forecast period from 2025 to 2034 indicates a Compound Annual Growth Rate (CAGR) of approximately 12.1%. High-end Passenger Cars Market The global high-end passenger car market is valued at approximately $500 billion in 2024 and is projected to reach around $800 billion by 2034. This ambitious growth reflects a compound annual growth rate (CAGR) of about 5.1% over the forecast period of 2025-2034. Anode Materials for Li-Ion Battery Market The global anode materials market for lithium-ion batteries is poised for substantial growth. As of 2024, the market is valued at approximately $12 billion, driven by the increasing demand for electric vehicles (EVs) and renewable energy storage solutions. Projections indicate a market value of around $22 billion by 2034, reflecting a robust expansion over the forecast period. Industrial Cabinet Air Conditioner Market The global industrial cabinet air conditioner market is valued at approximately $1.2 billion in 2024, with projections indicating growth to around $2.0 billion by 2034. This forecast represents a Compound Annual Growth Rate (CAGR) of about 6.2% during the period from 2025 to 2034. Silicon Carbide Heating Element Market The global silicon carbide (SiC) heating element market is valued at approximately $450 million, reflecting a robust demand for energy-efficient heating solutions across various industries. The projected market value for the period 2025-2034 is expected to exceed $1 billion, driven by advancements in semiconductor technologies and a growing preference for sustainable manufacturing processes. Optical Current Transformer Market The global optical current transformer (OCT) market is poised for substantial growth, valued at approximately $650 million in 2024. Projections indicate that the market will reach an estimated $1.2 billion by 2034, reflecting the increasing demand for precise and reliable electricity measurement solutions. The Compound Annual Growth Rate (CAGR) for the forecast period from 2025 to 2034 is anticipated to be around 6.5%. Rubber Recycling Market The rubber recycling market is poised for robust growth, valued at approximately $6.5 billion in 2024. The market is expected to expand significantly, reaching an estimated $10 billion by 2034, driven by increased environmental awareness and regulatory pressures. This translates to a Compound Annual Growth Rate (CAGR) of around 5% for the forecast period from 2025 to 2034. Ethernet PHY Chips Market The Ethernet PHY chips market is projected to be valued at approximately $3.5 billion in 2024, with significant growth anticipated during the forecast period from 2025 to 2034, potentially reaching around $6.8 billion. This indicates a robust Compound Annual Growth Rate (CAGR) of roughly 7% over the next decade, driven by increasing demand for faster, more reliable networking solutions. CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
