Daily EV news · Global · 17 October 2026
EV Charging
Global EV charger market forecast to grow from USD 19.2 billion to USD 190.2 billion by 2034
Dimension Market Research projects the global electric vehicle charger market will expand from USD 19.2 billion in 2025 to USD 190.2 billion by 2034, representing a compound annual growth rate of 29.0 per cent over the period. The research firm attributes the growth to expanding fast charging infrastructure and government incentives.
Why it matters
The tenfold market expansion over nine years signals sustained procurement opportunities across public and private charging networks. CPOs and contractors can anticipate growing capital deployment and competitive tender activity as the sector scales to meet projected demand.
Electric Vehicles
Mercedes AMG GT SUV to deliver 710 kW peak charging and 48 kWh in five minutes from summer 2027
Mercedes has unveiled the AMG GT SUV, a high-performance electric vehicle launching in the United States in summer 2027 in three variants: GT 53, GT 55, and GT 63. The GT 55 and GT 63 models will charge from 10% to 80% in 12 minutes at a peak power of 710 kW, with the manufacturer claiming 48 kilowatt hours can be added in five minutes. The range-topping GT 63 produces 1,153 horsepower and all models feature variable all-wheel drive with disconnectable front motors for efficiency.
Why it matters
The 710 kW peak charging capability sets a new benchmark for ultra-fast charging infrastructure requirements, signalling that charge point operators must prepare networks to handle significantly higher power outputs than current 350 kW standards. The 2027 launch timeline gives procurement teams and site developers a clear horizon for planning grid connections and hardware upgrades to accommodate next-generation electric performance vehicles.
Nissan US EV sales fall 84 per cent year on year in Q3 2026, with only 638 units sold
Nissan sold just 638 all-electric vehicles in the United States during Q3 2026, an 84 per cent decline from the previous year, according to EVChargingStations.com. EVs represented only 0.3 per cent of the brand's total volume, putting 2026 on track to be Nissan's worst year for EV sales since the Leaf launched in 2010, despite the model being among the most affordable electric cars available.
Why it matters
Nissan's collapse in the US EV market signals a major OEM struggling to compete in electrification, which may reduce demand for charging infrastructure partnerships and site development tied to Nissan dealerships or fleet programmes. The sharp decline also reflects broader competitive pressures that could reshape which automakers drive charging network expansion.
Porsche Taycan 4 review highlights EV drivability over raw power, 395 mile WLTP range
A road test of the 2026 Porsche Taycan 4, the entry all wheel drive variant with 429 horsepower, found the electric sedan delivered strong driving dynamics without needing extreme performance figures. The Black Edition tester featured the 105 kilowatt hour battery pack as standard, offering a WLTP range of 395 miles and 0 to 60 mph acceleration in 4.4 seconds. The review emphasised the model's blend of sportiness, comfort and long distance capability over a 200 mile test route.
Why it matters
The positive reception of a mid-range EV model underscores demand for balanced specifications rather than headline power figures, relevant for charge point operators planning infrastructure to support longer range touring vehicles. The 395 mile WLTP rating suggests reduced charging frequency on intercity routes, influencing site selection and utilisation forecasts for highway and destination charging networks.