New Report: Electric EV Charging Station Market Is Hot And Growing At 37.51% CAGR, Will Reach $142.47 Billion Globally By 2028; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco. In EV Charging Station Industry, SIRC Ap-plies For $100 Million In Government Charging Station Grants

A new report by Market Research Future says that the electric vehicle charging station market is growing at a CAGR of 37.51% and will reach $142.47 billion by 2028. In this fast-growing global market, Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco. subsidiary is extremely busy as it applies for more government and state EV Charging Station installations, according to Pablo Diaz of USA Solar Network. SIRC is also an applicant for some $100 in government EV Charging Station grants, David  Massey, Chairman and CEO of SIRC, told shareholders and the investment community last week on a live Q&A online session on www.discord.com.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

New Report: Electric EV Charging Station Market Is Hot And Growing At 37.51% CAGR, Will Reach $142.47 Billion By 2028; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco. Is In EV Charging Station Industry, SIRC Applies For $100 Million In Government Charging Station Grants

The new report, “Electric Vehicle Charging Station Market,” by Market Research Future detailed how quickly the EV Charging Station industry is growing. Its research found that EV Charging Stations are growing at a 37.51% CAGR rate from 2021-2028 to reach $142.47 billion. It said the market was seen as $15.42 billion in 2020.

The North American region, the report predicts, will in the future grow with government initiatives and the installation of more fast chargers. Eventually, it concluded, North American will become the highest market share holder during the court of the market study through 2028 due to higher GDP, growing demand for electric cars and high employment rates. It also said the industry is growing fast in North America due to several tailwinds. This includes OEM vehicle manufacturer support, government funding plus efforts by states in the U.S. to make access easier for electric car owners to the stations.

The new report acknowledged that several factors are restricting the growth in North America. These include the high cost of installing fast chargers, the need for better batteries, reduce charging times, lack of uniformity in charging compatibility, grid capacity and the high cost of electric vehicles themselves. New Report: Electric EV Charging Station Market Is Hot And Growing At 37.51% CAGR, Will Reach $142.47 Billion Globally By 2028; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco. In EV Charging Station Market, SIRC Applies For $100 Million In Government Charging Station Grants.

The report analyzes the progress of Tesla, EVgo, ChargePoint and other companies in the industry. The report finds that issues such as supply chain interruptions and a scarcity of raw materials are hindrance issues, it concluded that COVID-19 is not affecting the growth of the EV business. New Report: Electric EV Charging Station Market Is Hot And Growing At 37.51% CAGR, Will Reach $142.47 Billion Globally By 2028; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco., SIRC Applies For $100 Million In Government Charging Station Grants.

David Massey, chairman and CEO of SIRC, was joined on last week’s live Q&A call by Pablo Diaz of USA Solar Network.

Regarding SIRC’s EV Charging Station dedicated division, Massey said that the company is optimistic about its some $100 million in grants it is currently applying for.

Diaz said that PLEMco., SIRC’s acquired EV Charging Station company — has a pipeline of so many state and federal projects that it is overwhelmed. “PLEMco is very active,” he said. New Report: Electric EV Charging Station Market Is Hot And Growing At 37.51% CAGR, Will Reach $142.47 Billion Globally By 2028; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) PLEMco. In EV Charging Station Industry, SIRC Applies For $100 Million In Government Charging Station Grants.

Diaz described how the pending infrastructure deal is touching SIRC and its customers on multiple levels. He explained that its impact affects everything, from an extension on tax credits for solar installations, to the benefits for EV Charging Stations. “Everywhere, infrastructure touches us and benefits us and our customers.”

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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