In Europe, the increase in electric vehicles (EV) sales — one in five new cars sold in 2022 was an EV — has been accompanied by rapid growth in EV charging infrastructure. The market for charging stations in Europe has grown from around 10,000 in 2012 to half a million in 2023. Each domestic market and charging point location presents its own set of risks for charge point operators (CPOs).
Digitalization, when applied to the logistics supply chain is valued at US$1.5 trillion globally. It enables entities to collect data and drive insights, incorporate smart solutions, model and plan for future disruptions, and automate activity.