Smart, fast, everywhere: Why megawatt charging is the next gold rush

Research indicates that by 2050, internal combustion vehicles (ICVs) will be a thing of the past, opening up a new market for electric infrastructure, including DC charging, fast charging, and battery swapping systems.

- Abhijeet Paranjape

Battery electric vehicle (BEV) sales are projected to increase dramatically by the end of this decade, potentially surpassing those of internal combustion engine (ICE) vehicles altogether. Morgan Stanley predicts that by 2050, ICE vehicles will be obsolete, making way for a global electric transformation. This shift signals a golden opportunity for the development of electric infrastructure, particularly in areas such as direct current (DC) fast charging, battery swapping, and sensor-based smart technologies. As the EV market evolves, so must the technology supporting it. Companies like TE Connectivity are at the forefront, offering robust and scalable solutions to ensure the efficient flow of power in a fast-moving and highly regulated space.

The backbone of EV charging infra Two main types of charging infrastructure define the EV ecosystem: AC (Alternating Current) and DC (Direct Current). While AC chargers are simpler and used for home or low-speed charging, DC chargers are more complex and crucial for high-speed public charging stations.