France Electric Vehicle Charging Stations Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type Of Electric Vehicle (Battery Electric Vehicles (BEVs), Plug-In Hybrid Electric Vehicles (PHEVs)), By Application (Public, Private), By Type (AC Charging, DC Charging), And By City - Forecasts From 2023 To 2028

The France electric vehicle charging stations market was valued at US$429.368 million in 2021 and is expected to grow at a CAGR of 27.08% over the forecast period to reach a market size of US$2,297.613 million by 2028.

An electric vehicle charging station connects an electric vehicle to the source of electricity in order to provide charging to electric vehicles, as well as plug-in hybrids. A key factor that has led to steady growth in the EV charging station market is the rising demand for energy efficiency. Further, increasing prices of fuel, the continuous depletion of fossil fuels, and government initiatives supporting electric vehicles in multiple countries, along with improvement in their charging infrastructure, tax rebates, and subsidies are expected to show growing investments in this infrastructure.

The French government promotes the use of electric vehicles in France through means of a bonus system that provides incentives for the purchase of plug-in hybrids and all-electric vehicles with low CO2 emissions. The government also provides non-monetary incentives, funding for the development of charging infrastructure, and long-term legislation with specific goals. A total of 786,274 light-duty plug-in electric vehicles, including 512,178 all-electric passenger vehicles and corporate vans and 274,096 plug-in hybrid cars, have been registered in France since 2010, according to the French division of the European Association for Electromobility, AVERE. As a result, France currently has a lot more charging stations.

Rising sales of electric vehicles are driving the demand for EV charging stations in France.

An increase in the sales and adoption of electric vehicles is expected to drive the need for the development of charging infrastructure. In France, the private sector currently holds a larger market share of the electric vehicle charging stations market than the public sector, which has a smaller proportion. However, it is anticipated that the public segment would grow its market share during the next years. While the growth of the EV charging sector may be constrained due to the high integration costs, the need for standardizing EV charging stations in France has become more apparent as a result of the growth of the electric vehicle market and variances in charging loads. The French government plans to implement the infrastructure for charging in order to build an enabling ecosystem. According to the International Energy Association, there were around 1 kW of charging capacity per EV and 14.7 electric LDVs per charge point in France.

Significant investments by automakers are also projected to aid the rising demand for these vehicles and thus, play a huge role in the development of the market.

• In January 2023, the worldwide retail chain's French affiliate, Lidl France, announced the introduction of electric vehicle charging stations, with the first one going live at its supermarket in Villefranche-sur-Saône, north of Lyon. The retailer collaborated on the e-station with ABB E-mobility and DBT, which consists of 13 parking places with fast and ultra-fast chargers. The charging station also has a strong charger with a 360 kW total output. Some electric vehicles can recharge using this charger in just 15 minutes, allowing them to go 350 kilometers. The firm has also set up E-stations at the Lidl stores in Tourcoing, Les Pennes-Mirabeau, and Landivisiau, both close to Marseille.
• The French retailer Carrefour announced in March 2022 that by the year 2025, it plans to install over 700 EV charging stations and 5,000 charging outlets in its French hypermarkets and Carrefour Market supermarkets. Carrefour joined a number of foreign retailers, such as Starbucks, in introducing these charging stations. The La Chapelle Saint-Luc hypermarket's parking lot currently offers its customers access to Troyes, northern France's first charging station.
• In February 2023, Targa Telematics, a tech firm focused on creating IoT solutions and digital platforms for connected mobility, teamed up with SAP Labs (France) to start a joint project that quickens the digital shift of renting electric vehicles for corporate fleets, and vehicles used for airport services. Targa Telematics will provide its expertise and technologies in data analytics, sensor networks, and AI machine learning. Using its platform for building, operating, and managing electric car charging networks and combining the end-to-end billing processes on a single platform, SAP Lab will provide its knowledge of vehicle electrification.

France Electric Vehicle Charging Stations Market Scope:

Key Market Segments

• By Type of Electric Vehicle
  • Battery Electric Vehicle (BEVS)
  • Plug-In-Hybrid Electric Vehicle (PHEVS)
• By Application
  • Public
  • Private
• By Charging Type
  • AC Charging (Level 1 and Level 2)
  • DC Charging
• By City
  • Paris
  • Strasbourg
  • Lyon
  • Rennes
  • Bordeaux
  • Marseille
  • Others