The total forecasted U.S. capital expenditure for charger demand through 2030 amounted to some 97 billion U.S. dollars. Residential chargers are expected to require the largest share of capital expenditure, at 43 billion U.S. dollars.
Forecast capital expenditure required to meet charger demand in the United States through 2030, by location
(in billion U.S. dollars)
Data includes hardware, planning, engineering, and charging installation costs. Data does not include the costs for grid and site electrical upgrades.
The source specifies that the data is "based on a scenario where zero-emissions vehicles (battery-electric vehicles, plug-in hybrid electric vehicles, fuel-cell electric vehicles) account for half the vehicles sold in the United States in 2030, in line with a federal target."
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McKinsey & Company. (April 18, 2022). Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. "Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars)." Chart. April 18, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. (2022). Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. "Forecast Capital Expenditure Required to Meet Charger Demand in The United States through 2030, by Location (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Apr 2022, https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company, Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/ (last visited December 03, 2024)
Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) [Graph], McKinsey & Company, April 18, 2022. [Online]. Available: https://www.statista.com/statistics/1305880/us-capital-expenditure-for-chargers-forecast/