UK Electric Vehicle Charging Stations Market - Forecasts from 2025 to 2030

The United Kingdom electric vehicle charging stations market is projected to expand at a CAGR of 21.67% over the forecast period, increasing from US$745.871 million in 2025 to US$1,988.755 million by 2030.

A charging station for EVs (electric vehicles) is a device that links an EV to a power source, allowing electric cars, neighborhood EVs, and plug-in hybrids to be charged. The market is expected to grow in the UK due to favorable government policies and the increasing ownership of electric vehicles. Developments in the country concerning the establishment and investments by various market players are substantially boosting the demand.

For instance, by 2030, the members of ChargeUK have together said that they would invest more than 6 billion pounds ($7.5 billion) in building and running new EV charging infrastructure. Furthermore, in December 2022, an exclusive contract for bp pulse was made to add high-speed electric vehicle charge stations to over 70 M&S shops, expanding its national charging network. With an initial goal to construct up to 900 bp pulse charge stations, the first test sites are currently operational at M&S Maidstone Eclipse and Southgate. The business will invest £1 billion in UK EV charging infrastructure by 2030 as part of M&S's aspirations to create a retail estate fit for the future and make it simpler for consumers to live a lower-carbon lifestyle.

Similarly, in February 2023, Swarco Smart Charging, a unit of the traffic technology firm that specializes in developing EV charging infrastructure, launched PoGo. In the United Kingdom, the company has set up more than 12,000 charging stations, both residential and commercial, leading to market growth.

The number of 'destination' chargers was 27,583, and the number of 'on the street' chargers was 22,199 in April 2024 in the country. These represent 46% and 37% of all charging devices, respectively.

United Kingdom electric vehicle charging stations market drivers:

• The increasing electric vehicle sales are anticipated to fuel the United Kingdom's electric vehicle charging stations market expansion.

The primary reason for the development of electric vehicle charging stations in the United Kingdom is the demand for electric vehicles in the country. This increased demand for EVs is due to the supporting government policies, such as the ZEV mandate. 80% of new cars and 70% of new vans sold in Great Britain will be zero emission by 2030, increasing to 100% by 2035. Further, shifting consumer demand has also created space for the electric vehicle market growth.

According to the International Energy Agency (IEA), the sales for the BEV in the market have expanded from 270,000 in 2022 to 310,000 BEV in 2023, and the sales for the PHEV were 100,000 in 2022 and reached 140,000 in 2023. The increase in the overall EV market would cause demand for electric vehicle charging stations at various places.

Moreover, BEV's widespread adoption leads to an increased demand for charging stations. Government initiatives are crucial in promoting growth, with plans to enforce clean vehicle sales targets starting in 2024. The UK electric vehicle infrastructure strategy in 2022 revealed Bentley, Rolls Royce, and others committing to a zero-emission future from 2030, accompanied by over Euro 3 billion investment in the UK's zero-emission vehicle sector. In 2022, the UK became a leader in the EV transition with around 29,600 public charge points, out of which 5,400 are rapid chargers, which take around 30 minutes. These devices store and deliver energy efficiently through discharge and charging processes.

The United Kingdom recognizes that focusing on battery electric vehicles is only half of the challenge, and a world-class charging infrastructure for these vehicles is fundamental in delivering net zero road transport. Electric vehicle charging should be cheaper and more convenient than refuelling at a petrol station. In 2022, Shell announced that it would be investing £250 million in the UK electric vehicle charging network over the next five years. This investment will be used to install 50,000 new charging points across the UK.

Furthermore, as per the data from the Society of Motor Manufacturers & Traders (SMMT), the total EVs registered in 2022 were 267,203 in the UK as compared to 190,727 in 2021. This substantial rise in EV registrations reflects the increasing popularity and adoption of BEVs in the UK, aligning with the country's efforts to promote sustainable transportation and reduce greenhouse gas emissions.

Additionally, private players have fostered healthy competition, leading to technological advancements and improved service quality. For instance, in 2023, the UK's first largest electric vehicle charging hub opened at Birmingham's NEC conference center, which can charge up to 180 vehicles at a time in less than 15 minutes. This symbiotic relationship between the private sector and the EV charging ecosystem has played a crucial part in expediting the widespread adoption of BEVs in the UK.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
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The United Kingdom electric vehicle charging stations market is analyzed into the following segments:

By Vehicle Type

• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)

By Application

• Commercial
• Residential

By Charging Point

• AC Charging (Level 1 And Level 2)
• DC Charging