EV infrastructure deals set to soar
- 24/11/2023
- Posted by: Alan Feldberg
- Category: News
A global survey is predicting that EV infrastructure deals over the next five years will reach a value of £45bn.
According to a report by DLA Piper, compiled with the support of Infralogic, the trajectory of these deals has been on a sharp upwards trajectory since 2019. There were only nine EV infrastructure deals that year, but that figure rose to 78 in 2022 and so far this year 104 deals have been completed.
However, that is set to escalate further as the survey of over 100 senior executives involved in EV infrastructure found that 92% anticipate increased investor appetite over the next 12 months, with a third expecting significant growth.
Europe is expected to attract the largest share of EV and related infrastructure investment (42%) over the next 12 months, followed by North America (35%).
Rubayet Choudhury, partner at DLA Piper, said: “It is clear from our survey that the industry is expecting extraordinary growth in EV infrastructure over the short to medium term. This is buoyed by a number of factors, including supportive regulation, subsidies, incentives and ambitious worldwide decarbonisation targets.”
