For many years, the global market for EV charging has been expanding significantly.
As EVs become more common, Statista predicts that the worldwide charging infrastructure market, which was valued at US$44.58 billion in 2024, will increase tenfold by 2034 to reach US$482.79 billion.
EV adoption continues to grow, indicating a significant change as people choose more ecologically friendly modes of transportation.
There were 2.7 million public charging stations globally by 2022.
This growth is being further accelerated by initiatives like the US Department of Transportation’s US$2.5 billion charging infrastructure funding program.
Charging companies need to constantly innovate in order to stay competitive.
Some of the most innovative charging companies in the world have been ranked by EV Magazine.
10. InstaVolt
Founded: 2016
Employees: 120
CEO: Delvin Lane
Revenue: US$24.4m
In the global EV charging market, InstaVolt has made a name for itself. With more than 2,000 chargers spread around the country, it is the biggest quick EV network in the UK, with speeds of up to 160kW.
9. Itselectric
Founded: 2021
Employees: ~50
Co-Founders: Tiya Gordon and Nathan King
Located in Brooklyn With its small kerbside units placed outside of homes and businesses, Itselectric is transforming urban EV charging.
8. GRIDSERVE
Founded: 2017
Employees: ~200
CEO: Toddington Harper
Revenue: ~US$86m
As a leader in environmentally friendly EV charging, GRIDSERVE has a well-defined global approach.
It runs the GRIDSERVE Electric Highway in the UK, which has more than 190 locations and close to 1,500 charging stations.
7. Allego
Founded: 2013
Employees: ~200
CEO: Mathieu Bonnet
Revenue: US$93.2m
With 35,000 charging stations spread throughout 16 European nations, Allego sets itself apart as a leading supplier of EV charging solutions.
6. Blink Charging
Founded: 2009
Employees: 700
CEO: Brendan Jones
Revenue: US$140m
With over 90,000 chargers in 25 countries, Blink Charging Co. is one of the leading companies in the world of EV charging.
5. Electrify America
Founded: 2016
Employees: 51-200
CEO: Robert Barrosa
Revenue: ~US$89m
US EV infrastructure development is led by Electrify America, a Volkswagen Group of America affiliate with Siemens as a minority shareholder.
4. EVgo
Founded: 2010
Employees: ~300
CEO: Badar Khan
Revenue: US$161m
With more than 1,000 sites across 35 states, EVgo is a well-known and famous EV fast charging provider in the United States.
3. BP Pulse
Founded: 2008
Employees: ~500
CEO: David Martell
Revenue: US$120m
With one of the biggest rapid and ultra-fast networks in the UK and Germany, BP Pulse is one of the leading EV charging firms.
2. ChargePoint
Founded: 2007
Employees: 1,700
CEO: Pasquale Romano
Revenue: US$507m
With one of the largest networks in the world, ChargePoint is a major player in EV charging worldwide.
As of January 2023, the company has more than 225,000 charging stations spread throughout 14 countries.
1. Shell Recharge Solutions
Founded: 2008
Employees: ~1,100
CEO: Melanie Lane
Revenue: US$316.6bn (Shell’s total revenue)
One of the leading suppliers of EV charging equipment is Shell Recharge. It gives drivers extensive coverage while they’re on the go by giving them access to over 700,000 public charging stations spread across 33 European nations.