Charging Infrastructure: Key Barrier to EV Adoption.

Market research reveals a scarcity of charging stations, with fast-charging facilities accounting for a relatively low percentage at public charging points. Users often encounter suboptimal charging experiences, accentuating the escalating incongruity between the evolution of electric vehicles and the insufficient development of charging infrastructure. McKinsey's research underscores that the ubiquity of charging stations, mirroring gas stations, has emerged as a pivotal consideration for consumers contemplating the purchase of an electric vehicle.

To address the issue of inadequate charging infrastructure for electric vehicles, countries such as China, the United Kingdom, the United States, the Netherlands, Poland, and Thailand have introduced legislation and investment plans. Additionally, subsidies have been implemented at various government levels to propel the advancement of charging infrastructure.