The EV Charging Market Outlook 2025 provides details about the rapidly growing EV charging industry including the startup and investment activity, as well as key advancements in charging technologies. The industry’s increasing innovation and collaboration efforts are driven by a high demand globally for sustainable mobility solutions. This report highlights the key players and investors actively contributing to the development of EV infrastructure and services.
The report was last updated in January 2025.
This EV Charging report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years.
Executive Summary: EV Charging Report 2025
- Industry Growth Overview: The EV charging industry showcases an annual increase of 17.74%. This showcases the presence of over 8750 companies, including 1690+ startups. The global EV charging infrastructure market is projected to reach USD 452.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 31.8% from 2023 to 2030.
- Manpower & Employment Growth: The global workforce surpassed 688K individuals, adding 55K+ new employees in the last year.
- Patents & Grants: It includes more than 62 000 patents filed globally. This includes contributions from 16 700+ applicants, showcasing a patent growth of 14.90% annually. The industry also secured 1000+ grants.
- Global Footprint: The EV charging industry includes key country hubs in the USA, UK, India, Canada, and Australia. In the UK, the charging infrastructure increased by 38% in 2024, adding 20,000 charge points. City hubs like London, Sydney, Bangalore, Melbourne, and New York City are leading centers of innovation and entrepreneurship.
- Investment Landscape: The financial landscape showcases over 1200 investors participating in more than 3000 funding rounds. It averages USD 30.6 million per round with a capital influx of 1000+ companies.
- Top Investors: The top investors in the EV charging industry collectively invested over USD 939 million. Some of the top investors include Techstars, BlackRock, and BP Ventures.
- Startup Ecosystem: The top startups include Teslavolts (Charging Network Management Platform), AmperneXt (DC-DC Charging Stations), HeyCharge (Hardware-enabled SaaS Platform), EnviroCharge (Mobile EV Charging Stations), and BeWorks Automation (Voice User Interface Charging).
Methodology: How We Created This EV Charging Report
This report is based on proprietary data from our AI-powered StartUs Insights Discovery Platform, which tracks 25 million companies and 20 000 technologies and trends globally, including detailed insights on approximately 5 million startups, scaleups, and tech companies. Leveraging this extensive database, we provide actionable insights on emerging technologies and market trends.
For this report, we focused on the evolution of EV charging sector over the past 5 years, utilizing our platform’s trend intelligence feature. Key data points analyzed include:
- Total Companies working on the trend
- News Coverage and Annual Growth
- Market Maturity and Patents
- Global Search Volume & Growth
- Funding Activity and Top Countries
- Subtrends within the EV charging industry
Our data is refreshed regularly, enabling trend comparisons for deeper insights into their relative impact and importance.
Additionally, we reviewed external resources to supplement our findings with broader market data and predictions, ensuring a reliable and comprehensive overview of the EV charging market.
What data is used to create this EV Charging report?
Based on the data provided by our Discovery Platform, we observe that the EV charging market ranks among the top 5% in the following categories relative to all 20K+ technologies and trends we track.
These categories provide a comprehensive overview of the market’s key metrics and inform the short-term future direction of the market.
- News Coverage & Publications: Over 8800 news articles were published about the EV charging industry.
- Funding Rounds: Our database includes data on over 3000 funding rounds.
- Manpower: The industry employs over 688 000 workers globally, with more than 55 000 new employees added in the last year.
- Patents: Innovation in the EV charging sector is highlighted with over 62 000 patents.
- Grants: The industry received more than 1000 grants.
- Yearly Global Search Growth: The EV charging industry experienced a 92.41% growth in global search interest in the last year.
Explore the Data-driven Electric Vehicle Charging Report for 2025
The heatmap presented in this section offers a visual representation of key data points from our comprehensive database of 8750+ companies, including 1600+ startups.
The global electric vehicle charging market will reach USD 39.85 billion by 2025, growing at a CAGR of 27.7%.
Credit: The Business Research Company
The global manpower exceeded 688 000 individuals and an employee growth of over 55 000 in the last year. In the last year, the industry experienced growth, with a 17.74% increase in overall activity. Our database also tracks over 62 000 patents and more than 1000 grants.
The database identifies the top five country hubs as the USA, UK, India, Canada, and Australia. These countries serve as central points for industry activities, increasing growth and development. Within these nations, the top five city hubs—London, Sydney, Bangalore, Melbourne, and New York City—stand out as centers of innovation and entrepreneurship, attracting talent, investment, and research.
A Snapshot of the Global EV Charging Industry
The EV charging industry experiences growth, with an annual rate of 17.74%. This sector’s expansion is reflected in the emergence of 1690+ startups. Within the startup ecosystem, over 600 companies are in the early stages of development and more than 160 mergers and acquisitions have been recorded.
The California Energy Commission also approved a USD 1.4 billion investment plan in December 2024 to expand zero-emission vehicle infrastructure over four years.
In terms of intellectual property, the EV charging industry grew with over 62 000 patents filed globally. This innovation is driven by 16 700 applicants, showcasing the sector’s technological advancement. The industry experienced a yearly patent growth of 14.90%, emphasizing the push for new solutions and improvements. The United States leads as the top issuer of patents with over 14 800, closely followed by China with more than 14 000.
Explore the Funding Landscape of the EV Charging Industry
Financially, the EV charging industry attracted investors, with an average investment value of USD 30.6 million per round. This investment is supported by over 1200 investors, who participated in more than 3000 funding rounds. These investments span over 1000 companies, reflecting the sector’s potential for growth and innovation.
Additionally, the number of public charging points globally is expected to exceed 15 million by 2030, a four-fold increase from the almost 4 million operating in 2023.
Who is Investing in EV Charging Solutions?
The EV charging industry attracted significant financial backing, with the combined value invested by the top investors exceeding USD 939 million. This infusion of capital highlights the sector’s potential and growing importance in the global energy landscape.
- Techstars contributed USD 785 000 across 8 companies. It participated in a USD 1 million pre-seed funding round for Cariqa, a Berlin-based startup developing a consumer-facing EV charging marketplace.
- BlackRock allocated USD 401 million to 7 companies. It partnered with Temasek’s Decarbonization Partners to lead a USD 35 million funding round for ConnectDER, a company providing home adapters for electric vehicles and solar panels.
- bp Ventures injected USD 985 million into 6 companies. It invested USD 9 million in Zingbus, which is focusing on electrification of intercity bus routes.
- Zouk Capital committed USD 288 million to 4 companies. It backed a USD 43 million investment in Energy Park, and EV charging solution provider for apartment buildings.
- Good Energy distributed USD 21 million among 3 companies. Its subsidiary Zapmap partnered with Hive, Centrica’s eco-tech company, to offer EV charging credits and integrate smart charging features.
- Energize Capital disbursed USD 133 million to 3 companies. It co-led a USD 87 million series B funding round for Monta, an EV charging platform.
- Y Combinator invested USD 275 000 in 3 companies. It also backed Curo, a startup enabling electric vehicle fleets to lease EV chargers.
Top 3 EV Charging Innovations and Trends
- Wireless Power Transfer grows with over 902 companies identified in this trend area. Employing 61 000 people, including 2900 new hires in the past year, this industry reflects growth. The annual trend growth rate stands at 4.81%.
- The Data Privacy and Security sector includes over 67 400+ companies with a workforce of 5 300 000 employees. It added about 9700 new hires in the past year. Despite the importance of protecting sensitive information in the digital world, the annual trend growth rate experienced a slight decline of 3.85%.
- The Vehicles to Grid (V2G) sector involves over 470 companies and employs 42K people. It added 4K new employees last year. With an annual trend growth rate of 11.92%, V2G emerges as a pivotal technology in the energy and automotive sectors.
5 Top Examples from 1690+ Innovative EV Charging Startups
The five innovative startups showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Book a demo to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
Teslavolts develops a Charging Network Management Platform
Indian startup Teslavolts provides an advanced cloud-based EV charging infrastructure management platform. It integrates with existing charging networks and offers intelligent charging capabilities, remote management, and fleet tracking to enhance operational efficiency.
With features like charging-as-a-service (CaaS), billing management, and an app, Teslavolts simplifies the charging experience for charge point operators, electric mobility service providers, and energy companies.
AmperneXt provides DC-DC Charging Stations
Bulgarian startup Ampernext provides off-grid EV charging solutions with its DC-DC chargers for remote and grid-challenged locations. Its 30kW DC-DC EV charger operates up to 1000V with a direct DC input during unreliable or unavailable AC grid access.
The technology balances energy, supports peak shaving, and minimizes power conversion losses. These chargers are compatible with different DC sources, including batteries and microgrids, and find applications in remote areas, emergency relief, and sustainable living.
HeyCharge builds a Hardware-enabled SaaS Platform
German startup HeyCharge develops a hardware-enabled SaaS platform with its internet-free charging technology for challenging environments like lower-level parking garages and remote regions.
The startup’s SecureCharge technology communicates via Bluetooth, eliminates on-site internet connection, and integrates into existing EV chargers. This reduces costs for hardware, installation, and maintenance while providing features like integrated billing and load management.
EnviroCharge offers Mobile EV Charging Stations
US-based startup EnviroCharge provides flexible EV charging solutions through its DC mobile fast chargers, available in skid-mounted, trailer-mounted, and truck-mounted formats.
These chargers enable reliable, on-the-go charging for electric vehicles. By providing deployable mobile charging stations, Enviro Charge uses clean power sources at off-grid locations.
BeWorks Automation provides Voice User Interface Charging
UK-based startup BeWorks Automation develops advanced EV charging solutions by integrating AI-powered voice-user-interface (VUI) technology into its charging infrastructure.
This technology enhances the user experience by providing hands-free, intuitive control over charging processes. The startup’s EV charging stations offer features like data insights and control functionalities for both public and private installations.
Gain Comprehensive Insights into EV Charging Trends, Startups, or Technologies
The EV charging sector enhances vehicle powering by driving investments in smart grids, AI-powered management systems, and renewable energy integration. As the industry evolves, the adoption of advanced technologies will be critical in overcoming infrastructure challenges and aligning with global energy goals and demands. Connect with us to explore all 1690+ startups and scaleups, as well as all industry trends impacting EV charging companies.
