PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1348641
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1348641
EV charging infrastructure refers to the network of charging stations and supporting facilities that enable the recharging of electric vehicles (EVs). The market for EV charging infrastructure has witnessed significant growth in recent years, largely driven by the growing worldwide adoption of electric vehicles. As the use of EVs continues to rise, the development of a reliable and effective EV charging infrastructure becomes increasingly essential.
The COVID-19 pandemic had a notable impact on Vietnam's EV charging infrastructure market. Lockdowns and economic challenges led to reduced demand for electric vehicles, slowing down infrastructure growth. Supply chain disruptions and financial uncertainties also delayed infrastructure projects. However, as the pandemic subsides and economic activities resume, there's a growing awareness of the importance of electric vehicles for sustainability.