Daily EV news · Global · 22 June 2026
EV Charging
Global EV charging infrastructure market forecast to reach USD 238.82 billion by 2033
The global EV charging infrastructure market is projected to grow to USD 238.82 billion by 2033, driven by public and private sector investments, according to a Yahoo Finance report. The forecast reflects accelerating expansion of charging networks worldwide as governments and commercial operators scale deployment to support rising electric vehicle adoption.
Why it matters
The USD 238.82 billion market projection signals sustained long term capital flows into charging infrastructure, creating procurement opportunities and competitive pressure for CPOs to secure funding and partnerships over the next decade.
Policy & Market
Rocky Mountain Institute says load management and V2X can turn EV charging into grid asset and cut bills
The Rocky Mountain Institute argues that meeting EV electricity demand will require load management tools and distribution infrastructure investment, but notes EVs can deliver multiple grid and ratepayer benefits when strategically planned. As bidirectional charging moves from pilots to commercial deployment, RMI predicts utilities will pay EV owners for battery grid services. The analysis counters claims that EV adoption will crash the grid or raise electric bills, pointing to a century of grid expansion for new technologies without power shortages.
Why it matters
For CPOs and fleet operators, the shift toward V2X and load management could open revenue streams from grid services while reducing infrastructure upgrade costs. Strategic planning around these technologies may become a competitive advantage in procurement as utilities seek partners to balance load rather than simply add capacity.