Asia Pacific EV public chargers will reach 10m by 2030: CBRE
Asia Pacific electric vehicle (EV) sales have seen exponential growth in the past two years, accounting for nearly two-thirds of global auto sales. The soaring demand for charging facilities across the region provides the opportunity for commercial real estate owners to enhance their assets with EV charging installations, according to the latest CBRE research.
CBRE estimates that the number of public charging points across Asia Pacific region will rise to around 10 million by 2030, with nearly 70 percent of the new charging points in mainland China, the biggest market for EV sales. India and Singapore are the fastest growing EV sales markets in Asia Pacific.
Commercial real estate offers a wide range of options for EV public charging infrastructure, varying across retail, industrial, office, and on-the-road demand. EV chargers