Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide
(in billion U.S. dollars per year)
Characteristic
Heat pumps
EV charging infrastructure and EV adoption support
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Together with renewable energy, electrification dominates the energy transition. Electrification investments in heat pumps and electric vehicles were thus forecast to spike over the next decades. Investment in EV charging infrastructure and EV support adoption will grow from **Ìý³Ù´Ç *** billion U.S. dollars per year between 2024 and 2030.
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IRENA. (November 17, 2025). Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide (in billion U.S. dollars per year) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1536735/investment-needs-for-electrification-world-by-sector/
IRENA. "Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide (in billion U.S. dollars per year)." Chart. November 17, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1536735/investment-needs-for-electrification-world-by-sector/
IRENA. (2025). Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide (in billion U.S. dollars per year). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1536735/investment-needs-for-electrification-world-by-sector/
IRENA. "Annual Electrification Investment for Heat Pumps and Electric Vehicles' Infrastructure in 2024, with Forecast Requirements until 2030 Worldwide (in Billion U.S. Dollars per Year)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Nov 2025, /statistics/1536735/investment-needs-for-electrification-world-by-sector/
IRENA, Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide (in billion U.S. dollars per year) ÌÇÐÄÆƽâ°æ, /statistics/1536735/investment-needs-for-electrification-world-by-sector/ (last visited July 22, 2026)
Annual electrification investment for heat pumps and electric vehicles' infrastructure in 2024, with forecast requirements until 2030 worldwide (in billion U.S. dollars per year) [Graph], IRENA, November 17, 2025. [Online]. Available: /statistics/1536735/investment-needs-for-electrification-world-by-sector/
