the cover of C40 Cities report titled: EV Charging Infrastructure: Business Models & City Case Studies

EV charging infrastructure: business models and city case studies

Drawing from seven city case studies, this report examines the combination of funding and financial resources required to invest in electric vehicle charging infrastructure.

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Sales of electric vehicles (EVs) doubled from 2020 to 2021, to a record of 6.6 million EVs circulating worldwide. The surge in electric vehicles necessitates the swift development of infrastructure for EV charging in urban areas; however, few cities have policies or strategies for the deployment of electric charging stations in an equitable, economical, and sustainable manner. The need for significant investment to facilitate this fast expansion also poses a challenge for many cities at all stages of transport electrification.

This report from C40 Cities examines the combination of funding and financial resources required to invest in electric vehicle charging infrastructure (EVCI) and the stakeholders involved and how they interact to provide public charging solutions in cities. The study investigates the successes and failures of EVCI deployment in seven exemplary cities, offering an overview of their funding, financing mechanisms, and business models.