The growth of electric cars is affecting more than just automakers. As more drivers switch to EVs, sectors like energy, mining, and construction are seeing new opportunities. These ten industries are cashing in on the shift to electrification in ways most people don’t expect.
EV Charging Infrastructure Firms
As the EV market gears up, demand for charging stations is surging. The global EV charging station market is expected to leap from about $28.5 billion in 2025 to $76.3 billion by 2032. This growth is creating opportunities for both established players and new entrants in both public and residential charging sectors.
💸 Take Back Control of Your Finances in 2025 💸
Get Instant Access to our free mini course
5 DAYS TO A BETTER BUDGET
Battery Recycling Companies
End-of-life EV batteries aren’t just waste—they’re gold mines for materials like lithium and cobalt. Recycling firms that reclaim these elements are becoming essential to supply chains, making them key players in a more sustainable EV ecosystem.
Utility Providers
EVs mean more electricity is changing hands. With charging shifting from gas stations to homes and businesses, utility companies are seeing higher demand, which justifies investments in grid upgrades and smart infrastructure.
Real Estate and Development
Homes with EV charging access are becoming more appealing, especially for long-term buyers. Real estate developers who integrate charging capabilities into new builds are gaining an edge in a market where convenience is king.
Solar and Renewable Installers
Many EV owners want cleaner energy for their rides, and solar installers are answering the call. Combining rooftop solar with home charging setups is becoming popular, helping offset vehicle charging costs and win consumer interest.
Auto Parts Retail Chains
EVs may need fewer parts overall, but they still require tires, brake pads, and accessories. Retailers that adapt their offerings to include EV-friendly products are tapping into a growing aftermarket now that charging is mainstream.
Hospitality and Lodging Businesses
Hotels and inns that offer EV charging are drawing eco-conscious travelers. Some are even offering it as a free perk to stand out from competitors, boosting both guest satisfaction and potential occupancy.
Public Transportation Agencies
Transit authorities moving toward electric bus fleets are saving on fuel and maintenance. The transition is supported by growing public investment in cleaner transit and reflects a broader adoption of EV technology in government services.
Software and App Developers
Charging networks, route mapping, and battery monitoring all need tech. Developers behind these specialized software platforms are increasingly in demand as EV users and businesses seek seamless integration and smarter charging tools.
Mining and Materials Companies
The lithium, nickel, and graphite needed for EV batteries are in high demand—and mining companies are capitalizing. As the EV transition accelerates, these firms may see sustained growth in both demand and investment.
The article 10 Industries Cashing in on the EV Surge first appeared on Cents + Purpose.