Demand for EVs with high-voltage architecture and bi-directional charging to increase
According to S&P Global Mobility, the number of vehicles equipped with high-voltage architecture of above 650V will grow at a CAGR of 16% between 2022 and 2034.
A recurring point of view of most industry watchers on the electric vehicle (EV) charging industry is that the speed of charging and easy access to charging networks will be among the most important factors that will help accelerate adoption of EVs globally.
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