Market Share of APAC Electric Vehicle Charging Station Industry
The Asia-Pacific electric vehicle charging station market is currently dominated by several key players, including Schneider Electric SE, ABB Ltd., Tesla Inc., Delta Electronics Inc., Star Charge, among others. These companies are actively collaborating with governments to bolster charging infrastructure. They are also committed to continuous technological advancement to enable fast charging and maintain a competitive edge. Furthermore, they are strategically establishing charging stations in various public locations to capture a significant portion of the market.
For instance, in November 2022, Yulu entered into a Memorandum of Understanding (MoU) with the Karnataka government, announcing a substantial investment of INR 12 billion. Their plan involves deploying a fleet of 100,000 electric vehicles (EVs) and setting up the largest EV battery charging and swapping infrastructure in the state over the next five years.
Similarly, in February 2022, We Charge Electric Automobile Charging Service commenced its charging services at the D-Parking Parking Lot at Daiwa House Parking. The company is also actively working towards expanding its "Osoto Charging" network in Japan. Additionally, they are contributing to the development of "Oshigoto Charging" at workplaces, supporting the creation of charging facilities for employee parking lots, especially for employees who commute using electric vehicles.
APAC Electric Vehicle Charging Station Market Leaders
SCHNEIDER ELECTRIC SE
ABB Ltd.
Tesla Inc.
Delta Electronics Inc.
STAR CHARGE
*Disclaimer: Major Players sorted in no particular order
