LAMEA Peer to Peer Electric Vehicle Charging Market to Expand by 22.4% annually through 2028

DUBLIN, Dec. 28, 2022 /PRNewswire/ — The “LAMEA Peer-To-Peer Electric Vehicle Charging Market Size, Share & Industry Trends Analysis Report By Application (Residential and Commercial), By Charger Type (Level 2 and Level 1), By Country and Growth Forecast, 2022-2028” A report has been added ResearchAndMarkets.com’s offering.

The Latin America, Middle East Market growth for Africa Peer-To-Peer Electric Vehicle Charging Market will be 22.4% CAGR over the forecast period (2022-2028).

In the future, P2P charging will be integrated into P2P energy portals as part of larger smart grid implementation. It is expected to enable EVs to be used Vehicle-to Grid (V2G), which allows them to peak shave during times of high grid demand, or provide additional storage for the event of excessive renewable generation at a certain time of the day. Two-way charging is an option for EVs.

Potentially, P2P Charging can be a major driver for significant EV Adoption in the Years to Come. It alleviates range anxiety and allows manufacturers to compete in this market.

All battery-electric vehicles have zero local emissions (BEVs). Because PHEVs/HEVs are much more efficient than fuel vehicles, they emit significantly fewer harmful omissions, even though they run on gasoline. It is widely believed that electric vehicles produce the same amount as gasoline-powered cars. However, they also require electricity to charge. Electric vehicles emit less pollutants.

The electric vehicle will likely become cleaner as the power networks increase their reliance upon renewable energy sources. EVgo utilizes 100% renewable power from wind and solar power to charge all its chargers. The environment-friendly nature EVs are likely to attract a lot consumers in the near future. This will lead to a growing peer-to-peer electric car charging market.

Dubai Electricity and Water Authority announced the EV Green Charger initiative. This initiative provides an infrastructure of electric vehicle charging stations throughout Dubai. This program is part the Dubai Green Mobility Strategy 2030. Dubai’s The development of sustainable and innovative transportation solutions to reduce carbon emissions in the transport industry. The number of electric vehicles registered in Dubai DEWA’s continuing growth and debut of its free charging incentive has led to an increase in sales.

In IsraelBetter Place started constructing its first network of electric vehicles in partnership with Renault, a French automobile manufacturer. Better Place presented a detailed proposal for network development in March 2011,The project included 40 charging stations and 400 battery exchange stations. Israel. 200 locations were reported to have been under construction or planned at the end 2011; however, this objective was not achieved. Better Place filed for bankruptcy. Israel On May 26, 2013After ceasing all its initiatives in most markets,

The Brazil Market dominated the LAMEA Peer-To-Peer Electric Vehicle Charger Market by Country in 2021 and will continue to dominate until 2028. This market is expected to achieve a market value at $6,311.1 Million By 2028 By 2028. Argentina The market is expected to grow at 23% CAGR between 2022-2028. In addition, the UAE market will experience a 22% CAGR between 2022-2028.

Scope of the Study

The Report Covers Market Segments:

By Application

By Charger Type

By Country

• Brazil

• Argentina

• UAE

• Saudi Arabia

• South Africa

• Nigeria

• Rest of LAMEA

Key Market Players

The Report Profiles the Following Companies:

• ChargePoint Holdings, Inc.

• Enphase Energy, Inc.

• Enel X Italia Srl (Enel Group)

• EVBox (Engie SA)

• EVmeter LTD.

• Shell Recharge Solutions (Shell plc).

• Innogy SE (E. ON SE)

• Power Hero, Inc.

• Webasto Group

The following are the key topics covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Chapter 2. Market Overview

Chapter 3. Chapter 3.

Chapter 4. Chapter 4.

Chapter 5. Chapter 5.

Chapter 6. Chapter 6.

Chapter 7. Chapter 7. Company Profiles

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