Daily EV news · Global · 2 March 2026
EV Charging
EV charging cable market to reach USD 25.2 billion by 2036 as connector fragmentation creates supply chain risk
The global EV charging cable market was valued at USD 2.8 billion in 2025 and is forecast to grow to USD 3.4 billion in 2026 and USD 25.2 billion by 2036, representing a CAGR of 22.2 per cent, according to Fact.MR. The analysis projects an absolute dollar opportunity of USD 21.8 billion between 2026 and 2036, though growth is moderated by connector standard fragmentation across NACS in North America, CCS2 in Europe and GB/T in China, alongside raw material cost volatility in copper and speciality polymers.
Why it matters
Infrastructure operators and cable manufacturers face mounting inventory risk and supply chain complexity as they navigate incompatible connector ecosystems, with multi-year manufacturing commitments required for ultra-rapid liquid-cooled cable technology. The near-eightfold market expansion signals a fundamental transformation in energy infrastructure procurement, but regional standard lock-in forces OEMs and CPOs to make high-stakes bets on competing technologies.
Electric Vehicles
Battery technology advances outpace climate degradation effects, study finds
Research published in Engineering and Technology Magazine shows that improvements in electric vehicle battery performance are occurring faster than climate change can degrade them. The study examines the relationship between rising global temperatures and battery longevity, concluding that technological progress in battery chemistry and thermal management is advancing at a rate that offsets potential climate related performance losses.
Why it matters
For charge point operators and fleet managers, this finding reduces long term risk around battery degradation in warming climates, supporting investment confidence in EV infrastructure and procurement decisions across diverse geographic markets.