Data includes hardware, planning, engineering, and charging installation costs. Data does not include the costs for grid and site electrical upgrades.
The source specifies that the data is "based on a scenario where zero-emissions vehicles (battery-electric vehicles, plug-in hybrid electric vehicles, fuel-cell electric vehicles) account for half the vehicles sold in the United States in 2030, in line with a federal target."
Citation formats
Projected U.S. capital expenditure needed to meet charger demand 2030
The total forecasted U.S. capital expenditure for charger demand through 2030 amounted to some ** billion U.S. dollars. Residential chargers are expected to require the largest share of capital expenditure, at ** billion U.S. dollars.
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McKinsey & Company. (April 18, 2022). Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. "Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars)." Chart. April 18, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. (2022). Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company. "Forecast Capital Expenditure Required to Meet Charger Demand in The United States through 2030, by Location (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Apr 2022, /statistics/1305880/us-capital-expenditure-for-chargers-forecast/
McKinsey & Company, Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1305880/us-capital-expenditure-for-chargers-forecast/ (last visited July 27, 2026)
Forecast capital expenditure required to meet charger demand in the United States through 2030, by location (in billion U.S. dollars) [Graph], McKinsey & Company, April 18, 2022. [Online]. Available: /statistics/1305880/us-capital-expenditure-for-chargers-forecast/
