Eaton uses cookies to help us give you the best experience on our website. To find out more about the cookies we use and how to control them, please visit our privacy, cookies and data protection page.

Select your location

Singapore Home
We make what matters work*
Search
Products
Services
Markets
Support
Company
EV charging

The impact of electric vehicles on power demand

Learn more about the challenges and opportunities for grid infrastructure and commercial building owners to advance the adoption of electric vehicles.

The tipping point for electric vehicles

By 2030, electric vehicles will make up almost one in three (28%) new car sales worldwide. We are rapidly approaching the tipping point at which electric vehicles will start to become mainstream, thanks to numerous advances in technology, progressive attitudes and government policies, and falling ownership costs.

However, meeting the massive expected growth in electric vehicles requires investment to ensure that there is adequate public charging infrastructure in place and that other key barriers are overcome, from range anxiety, to the impact of increased electricity consumption on the grid, the need for rapid charging technology and innovations in vehicle energy storage.

Smart policies, enabling technologies and infrastructure will get past these barriers and speed the mass adoption of electric vehicles, and at the same time will bring significant new business opportunities for commercial buildings and facility owners that invest in electric vehicle infrastructure.

By 2030, electric vehicles will make up almost one in three (28%) new car sales worldwide. Electricity consumption from electric vehicles will reach the equivalent of 5% of global electricity demand by 2040.

Bloomberg, New Energy Finance

Learn more

Download our white paper, "Commercial buildings and the grid in the advent of electric vehicles," to explore how organisations can intelligently size and seize opportunities in the electric vehicle market.

I agree to be informed regularly about Eaton products, promotions and news. I understand and agree that Eaton will use my data to personalize marketing communications. Any use of my personal data will take place in compliance with the relevant and applicable data privacy laws and the Eaton Privacy Policy. I can withdraw my consent to receive marketing communications at any time by contacting Eaton.

Learn more about opportunities in electric vehicle charging at commercial and industrial sites

Along with NatWest and Lombard, and in partnership with the Renewable Energy Association, we've commissioned this new Aurora Energy Research report that highlights the scale of commercial opportunities for electric vehicle (EV) charging at commercial and industrial sites.
Read the report
Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. Eaton’s 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries.
Company
Quick links
© 2020 Eaton. All Rights Reserved.