In 2023, Global Total Support on End-Use Electricity for Transportation showed varying degrees of investment across countries. Italy led with $60.19 million, witnessing a 6.13% increase from the previous year. Germany followed with $58.33 million, although experiencing a 3.41% decline. France, at $34.41 million, saw a 7.94% boost. The United States depicted a significant upsurge of 28.83%, albeit from a lower base of $0.87 million. Belarus and Colombia had minor allocations, with Belarus decreasing by 3.96% and Colombia by 2.85%.
Looking ahead, notable trends include:
- Increased investments in sustainable transportation, particularly in Europe.
- Potential growth in the U.S. as electric vehicle adoption accelerates.
- Emerging markets focusing on foundational support for electric infrastructure.
Top countries in Total Support on End-Use Electricity for Transportation by Country
| # | 6 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 60.19 | 2023 | +23.23% | +6.13% | View data |
| 2 | 2 Germany | 58.33 | 2023 | -5.35% | -3.41% | View data |
| 3 | 3 France | 34.41 | 2023 | +9.25% | +7.94% | View data |
| 4 | 4 United States | 0.87 | 2023 | +1.76% | +28.83% | View data |
| 5 | 5 Belarus | 0.41 | 2023 | -6.8% | -3.96% | View data |
| 6 | 6 Colombia | 0.09 | 2023 | -4.26% | -2.85% | View data |
