Tim McManan-Smith, The Energyst
November 26, 2021
Siemens Financial Services (SFS) has released a new insight study which estimates the ‘investment gap’ required over the next six years to rapidly deploy EV charging networks worldwide. The research splits the investment challenge into two segments, first the years 2021-23, then 2024-6, in order to illustrate the growth driven by early adopters versus later mainstream adoption. The stark increase between the two periods emphasizes that the very considerable investment challenge is growing at an exponential rate.