ABB and Microsoft put electric cars on a cloud

Charging your electric car is about to get easier and smarter. The electric vehicle (EV) market is growing rapidly. Yet worldwide there are currently just 106,000 public EV charging stations for more than 1 million EVs. As the industry powers up to meet demand, global revenue from EV charging services is projected to grow from $152.6 million last year to $2.9 billion by 2023, according to Navigant Research. This represents a huge opportunity for companies to capture that revenue through new products, improved scalability and reduced maintenance costs.

Related Posts