UK telecom BT has cancelled its project to turn up to 60,000 street cabinets used for broadband and phone cabling into EV charging points, having converted just one cabinet.
The global ultra-fast EV charging dispensers market was valued at US$2.6bn in 2023 and is expected to reach US$10.2bn by 2031, growing with a CAGR of 18.6% during the forecast period 2024-2031.
NaaS Technology, the US-listed EV charging service company operating in China, has completed what it says is China's first-ever carbon emission reduction credit transaction in the EV charging arena.