Electric Mobility Networks Market Report 2026

The electric mobility networks market size has grown exponentially in recent years. It will grow from $455.06 billion in 2025 to $579.43 billion in 2026 at a compound annual growth rate (CAGR) of 27.3%. The growth in the historic period can be attributed to expansion of early EV charging infrastructure, government incentives for electric mobility, rising urban EV adoption rates, development of basic grid-connected charging systems, initial investments by utilities and energy companies.

The electric mobility networks market size is expected to see exponential growth in the next few years. It will grow to $1.5 trillion in 2030 at a compound annual growth rate (CAGR) of 27%. The growth in the forecast period can be attributed to expansion of mass EV adoption, increasing investments in smart grid integration, rising demand for ultra-fast charging solutions, growth of fleet electrification programs, increasing focus on decentralized energy management. Major trends in the forecast period include increasing deployment of public fast-charging networks, rising integration of vehicle-to-grid platforms, growing adoption of smart charging management systems, expansion of renewable-integrated charging infrastructure, enhanced focus on interoperable ev network standards.

The growing number of smart city initiatives is expected to drive the expansion of the electric mobility network market in the coming years. A smart city uses digital technologies and data-based solutions to enhance performance and quality of life while reducing expenses and resource usage. The increase in smart city development is fueled by cities seeking to use technology to address urban challenges and create urban spaces that are more livable, sustainable, and efficient. As cities transition into smart cities, there is a stronger emphasis on incorporating electric mobility into urban planning, including the creation of EV-friendly public transportation systems and supporting infrastructure. For example, in April 2023, the Smart City Index Report released by IMD Business School, a Switzerland-based institution, indicated that the number of smart cities rose to 141 in 2023. Therefore, the rise in smart city projects is contributing to the growth of the electric mobility network market.

Companies in the electric mobility network sector are advancing charging infrastructure through the development of battery swap stations, which significantly reduce downtime by allowing for the rapid exchange of depleted batteries with fully charged ones. Battery swap stations are designed to facilitate the quick replacement of EV batteries, eliminating the need for prolonged charging sessions. For instance, in June 2024, Nio Inc., a Chinese automobile manufacturer specializing in electric vehicles, introduced Power Swap Station 4.0. This upgraded technology supports automated battery swaps for various vehicle brands and models and features six ultrawide-FOV LiDARs and four Orin X chips, providing a total computing power of 1,016 TOPS. Users can complete an automatic battery swap with a single tap or remotely, achieving the swap in 144 seconds - 22% faster than the previous model. Additionally, Nio launched a 640kW Liquid-Cooled Power Charger with a maximum current of 765A and voltage of 1,000V, equipped with a lightweight 2.4kg charging cable for convenient one-handed operation.

In March 2023, Shell USA Inc., a U.S.-based energy and petrochemical company, acquired Volta Inc. for $169 million. This acquisition is intended to significantly enhance Shell USA’s public EV charging network in the U.S., expanding its presence in the electric mobility sector. The acquisition leverages Volta's extensive network of over 3,000 charge points and its advertising capabilities to generate additional revenue while addressing the growing demand for EV charging solutions. Volta Inc. is a U.S.-based company specializing in EV charging infrastructure.

Major companies operating in the electric mobility networks market are E.ON SE, ENGIE SA, Tesla Inc., Siemens AG, BYD Company Ltd., Schneider Electric SE, ABB Ltd., Enel X S.p.A., ChargePoint Inc., The Mobility House GmbH, EVBox Group, Blink Charging Co., IONITY, Electrify America, EVgo, Allego, Chargefox, Paua Tech Limited, AmpUp, AMPECO, EV Connect, Fastned, GRIDSERVE, InstaVolt, iONNA, Nuvve Holding Corp., SemaConnect, PowerFlex, Wallbox, FLO, Bee Charged EV.

Asia-Pacific was the largest region in the electric mobility networks market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electric mobility networks market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric mobility networks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric mobility networks market consists of revenues earned by entities by providing services such as charging station management, fleet management, vehicle-to-grid (V2G) integration, route optimization, real-time monitoring, data analytics, telematics, and user interface applications. The market value includes the value of related goods sold by the service provider or included within the service offering. The electric mobility networks market also includes sales of EV charging stations, battery storage systems, smart meters, energy management systems, connected vehicles, telematics devices, charging cables, power converters, EV batteries, and software platforms for network management. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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