Latin America's public charging station revenue is forecast to reach some 21.1 million U.S. dollars in 2028, up from around 1.2 million U.S. dollars in 2022. This revenue hike is partly spurred on by a growing electric vehicle fleet, which increases the need for electric vehicle charging infrastructure.
Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028
(in 1,000 U.S. dollars)
based on a September 2023 modelling which takes into account the impact of Russia's war on Ukraine..
Supplementary notes
The Electric Vehicles segment includes information about electric vehicles in countries where, according to our sources, a public electric vehicle charging infrastructure is already available. In this context, “public” means that people have unrestricted access to the charging infrastructure. A vehicle can be defined as electric if it is self-contained with a battery or classified as a plug-in hybrid. All key figures shown represent the sales of new cars, and their basic configuration in the respective year. The figures do not include the sale of used vehicles nor adapted equipment for the new cars sold. The prices and revenues shown are accordingly based on the basic models.
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Statista. (September 1, 2023). Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/
Statista. "Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028 (in 1,000 U.S. dollars)." Chart. September 1, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/
Statista. (2023). Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/
Statista. "Forecast Electric Vehicle Charging Station Revenue in Latin America between 2016 and 2028 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/
Statista, Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/ (last visited November 22, 2024)
Forecast electric vehicle charging station revenue in Latin America between 2016 and 2028 (in 1,000 U.S. dollars) [Graph], Statista, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/1428900/latin-america-charging-station-revenue-forecast/