As global attention towards sustainable transportation and carbon reduction continues to rise, 

the electric vehicle (EV) market is experiencing unprecedented growth. 

According to the latest report by the International Energy Agency (IEA), global EV sales surpassed 9 million units in 2023, 

and are expected to exceed 10 million units in 2024. 

This rapid growth is not only driving advancements in EV technology but is also significantly boosting the demand for 

electric vehicle supply equipment (EVSE).

Rapid Growth in the Electric Vehicle Market:

1.Policy Support: Governments around the world have introduced a series of policies to support the development of EVs,

 including purchase subsidies, tax incentives, and free parking. These policies have greatly increased consumer willingness to buy EVs.

2.Technological Innovation: Advances in battery technology have led to significant increases in EV range and reductions in charging time.

 Additionally, the performance and comfort of EVs are gradually approaching or even surpassing those of traditional gasoline vehicles.

3.Environmental Awareness: With the growing concern over climate change, more consumers are choosing to purchase EVs to reduce their environmental impact.

Surge in EVSE Demand:

1.Expansion of Public Charging Infrastructure: To meet the growing needs of EV users, major cities and commercial areas are accelerating the construction of public charging stations. For example, the Chinese government plans to build tens of thousands of public charging stations across the country in the coming years.

Home Charging Solutions: As more households purchase EVs, the demand for home charging solutions is rapidly increasing. Many companies are offering portable chargers and wall-mounted charging stations to make it convenient for users to charge at home.

Corporate Charging Solutions: Companies are also recognizing the importance of providing charging facilities for their employees. Many businesses and institutions are installing charging stations to attract and retain talent.

Industry Outlook

Huge Market Potential: According to market research firms, the global EVSE market is expected to grow at a compound annual growth rate (CAGR) of approximately 29.74% over the next few years, reaching a market size of 77.945 billion RMB by 2029.

Technological Innovation: With ongoing technological advancements, future EVSE will become more intelligent and efficient. Emerging technologies such as wireless charging and vehicle-to-grid (V2G) will offer users a more convenient and efficient charging experience.

International Cooperation: International collaboration will further drive the development of the EVSE market. Many companies are seeking partnerships with international counterparts to jointly develop and promote advanced charging solutions.

Our Contribution

As a leading global provider of EVSE, Beijing Besvic InfoTech Co.,LTD is committed to delivering high-quality, high-performance charging equipment and solutions to our customers. We have successfully installed tens of thousands of charging stations worldwide and will continue to increase our R&D investment to introduce more innovative products, contributing to the development of the global EV market.

About Beijing Besvic InfoTech Co.,LTD

Beijing Besvic InfoTech Co.,LTD is a high-tech enterprise specializing in the research, development, production, 

and sales of electric vehicle supply equipment (EVSE). Founded in 2020, the company is headquartered in Beijing and operates in multiple countries and regions globally. With its advanced technology and superior service, [Company Name] has become one of the leading EVSE suppliers in the world.

Contact Information

Phone: +86-18042704100

Email: leo@evbesvic.com/info@evbesvic.com

Website: www.evbesvic.com