Global EV charging is about to see a massive buildout. According to Wood Mackenzie’s recent Electric Vehicle Charging Infrastructure Forecast, the number of global EV charging ports is expected to climb at a 12.3% compound annual growth rate between 2026 and 2040, hitting 206.6 million by the end of that period.

Home charging leads the way

Residential charging will continue to be the backbone of the market, with 133 million ports installed globally by 2040. To support that growth, annual spending on EV charging infrastructure will rise steadily at 8% a year, reaching $300 billion by 2040.

“Residential Level 2 charging dominates the global market and will make up about 2 out of every 3 charging ports worldwide through 2050,” said Emil Koenig, senior research analyst at Wood Mackenzie. “Its appeal comes from the balance of convenience, performance, and value that resonates most strongly with EV owners.”

Public charging will also expand, but at a more measured pace compared to home setups. “As utilization in public charging increases and infrastructure efficiency improves, we expect the ratio of EVs to public chargers to rise from 7.5 battery electric vehicles per charger in 2025 to 14.2 in 2040,” said Oliver McHugh, Wood Mackenzie’s senior EV charging research analyst.

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Asia-Pacific dominates, with India rising fast

China continues to lead the global pack in public charging infrastructure, and Asia-Pacific overall is forecast to see around 10% annual growth in DC fast charging from 2025 through 2040. By then, public Level 3 and residential Level 2 charging will represent the largest annual capital spending in the region, at $54 billion and $33 billion, respectively.

India is emerging as a fast-growing market. The country’s DC fast charger network is projected to skyrocket from just 14,000 today to 1.1 million by 2040, thanks to strong government policies and rapid EV adoption.

The Americas keep pace

Despite challenges, the US public fast-charging market is expected to grow at a healthy 14% annual clip, reaching 475,000 ports by 2040 and generating $3.3 billion in annual market value. South America will also ramp up quickly – residential charging in the region is projected to grow at 22% annually as EV adoption accelerates. Residential Level 2 charging will dominate, with $11.2 billion in spending by 2040.

Europe and the Middle East surge

Europe’s public charging infrastructure is on track for 11.3% annual growth through 2040, with DC fast chargers expanding even faster at 13.7%. Residential charging will hit 57 million AC chargers, while commercial charging grows at 12% annually.

Meanwhile, Saudi Arabia is positioning itself as a standout player in the Middle East. The kingdom’s public DC charging segment is forecast to soar at 29% annual growth, supported by aggressive government targets. By 2040, the entire EMEA region will be spending $14 billion each year on public charging and $30 billion on residential charging.

Read more: The US added 4,200 new DC fast charging ports, and that’s just Q2

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Tesla insiders have been unloading their shares at an impressive rate. Excluding CEO Elon Musk, Tesla executives and board members have sold more than 50% of their TSLA shares over the last year.

And that might only be part of the story.

Public companies are required to report insider trading by key executives and board members.

In recent years, Tesla’s number of key executives has dwindled to now only three:

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• Elon Musk
• Tom Zhu
• Vaibhav Taneja

Here’s Tesla’s corporate governance page on its investor relations website:

That’s partly due to several of them leaving in the last year, including Drew Baglino, who was the de facto head of engineering and was listed as a key executive before leaving last year.

It’s also because Musk is known to micro-manage, resulting in him having many direct reports who would generally go through other department heads.

The result is that only two Tesla executives, in addition to Musk, who would have to report his transactions even if he weren’t CEO, since he owns more than 10% of the company, are required to report their stock transactions.

Based on Tesla’s 2024 proxy statement, here were the insider ownership last year:

Now here’s the ownership of Tesla shares and options from insiders based on the 2025 proxy statement:

As you can see, excluding Musk, Tesla insiders sold more than half their shares in the company over the last year.

To be fair, some of those changes also include cancellations of stock options for board members, who settled a shareholders’ lawsuit for having overcompensated themselves.

However, it doesn’t account for the reduction in ownership of more than 6 million shares and stock options, worth approximately $2 billion at today’s share price.

There are also some specific examples of non-board members liquidating their stakes.

Tom Zhu, who has led Tesla’s manufacturing efforts and was at times seen as Musk’s number 2 at Tesla, reduced his stake by 82% in a single year.

This happened while Musk claimed that Tesla will become the most valuable company in the world and roughly 10x its current stock price due to autonomous driving and robots, a claim most unbiased analysts have been highly skeptical about.

Electrek’s Take

More than 50% reduction in ownership in a single year is wild.

But as I hinted at the beginning of the article, this is only what we can see. Other Tesla execs, managers, and employees also have shares and stock options, and they could potentially be selling at an even higher rate. We simply don’t know.

The single reporting person to have bought shares is Joe Gebbia, who only bought about $1 million worth, and he is a multi-billionaire. It would be the equivalent of me buying a few hundred dollars’ worth of Electrek shares – not a great show of confidence in my company.

I’m not in the business of predicting Tesla’s share price. I think it trades mainly on gullible Tesla retail shareholders believing Musk’s lies.

But I believe that Tesla will likely face several challenging quarters in the next few years and may even start incurring losses. I think many executives also see this coming and don’t believe that autonomy and humanoid robots will have a positive financial contribution for a few years, as Musk claims.

Meanwhile, Tesla’s EV business is struggling, and there’s little hope of reversing the trend without fresh new models and innovation – the pace of which appears to have greatly slowed at Tesla, unfortunately.

We’re kicking off this week’s Green Deals with Segway’s new Upgrade Your Daily Grind sale that is taking up to 45% off e-scooters, like the extended $250 savings on the new F3 Smart Electric KickScooter at $750, among others. We also have Bluetti’s AC200L Portable Power Station returning to its $899 low for the second time ever, as well as EcoFlow’s 48-hour add-on accessory flash sale that lets you upgrade your DELTA Pro or DELTA Pro Ultra setups with expansion batteries, as well as solar panel bundles, with up to 62% savings starting from $399. From there we have deals from EGO Power+, Worx, a one-day-only Anker SOLIX C300X power station offer, and more waiting for you below. Plus, all the hangover savings from last week are at the bottom of the page, rounded together within our most recent edition of Electrified Weekly.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Clock out and ride with up to 45% discounts on Segway’s electric kickscooters starting from $150

Segway has launched a new Upgrade Your Daily Grind sale through the rest of the month taking up to 45% off a collection of its e-scooters. We noticed that Segway’s new Ninebot F3 Electric KickScooter is returning to $749.99 shipped, which also happens to be matching the price at Amazon. It’s been carrying a $1,000 price tag since the brand increased rates from May’s tariff hikes, with one previous promotion in the first half of the month giving it the first post-tariff discount to this same rate. While that promotion ended on Sunday, the brand is extending the $250 savings at the best post-tariff rate we have tracked. Head below to learn more about this model and the others seeing discounts in this sale.

If you have some distance to travel to get to work or even classes as the new semester starts up, Segway’s F3 electric kickscooter will certainly make an excellent companion thanks to its 44-mile travel range at up to 20 MPH speeds. It achieves this thanks to the combination of the 450W motor (which peaks at 1,000W to tackle up to 20% inclines) and the 477Wh battery. But what is particularly noteworthy feature-wise is the Apple Find My inclusion, as well as the proximity locking functionality that gives you added peace of mind – with controls accessible and adjustable in its companion app.

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That’s not all you’ll be getting that heightens the experience on this Segway electric kickscooter, as it comes stocked with some solid features, including 10-inch self-sealing jelly tires so you’re not caught off guard by sudden flats, as well as a front hydraulic suspension and a rear elastomer suspension for smoother journeys. While it does have a mechanical disc brake, which is pretty basic, there’s an additional rear electronic brake that balances the stopping power quite well. There’s also the headlighting, tail lighting, a TFT smart display, and so much more that makes it a top-notch choice to get you through life’s daily appointments.

Segway’s latest EV deals (ending August 31):

• C2 Lite eKickScooter for kids: $150 (Reg. $200) | matched at Amazon
  • 9.9 MPH for up to 5.9 miles
• C2 Pro eKickScooter for kids: $250 (Reg. $300) | matched at Amazon
  • 12.4 MPH for up to 9.3 miles
• E2 Plus II eKickScooter: $300 (Reg. $400) | matched at Amazon
  • 15.5 MPH for up to 16 miles
• E2 Pro eKickScooter: $500 (Reg. $600) | matched at Amazon
  • 15.5 MPH for up to 21.7 miles
  • Apple Find My, more
• MAX G2 eKickScooter: $800 (Reg. $1,400)
  • 22 MPH for up to 43 miles
  • Traction Control System, Apple Find My, more
• ZT3 Pro All-Terrain Electric Scooter: $900 (Reg. $1,300) | $100 more at Amazon
  • use code ZT3AUG100OFF at checkout for maximum savings
  • 24.9 MPH for up to 43.5 miles
  • Traction Control System, Apple Find My, auto proximity locking, more
• MAX G3 eKickScooter: $1,200 (Reg. $1,500) | matched at Amazon
  • 28 MPH for up to 50 miles
  • Traction Control System, Apple Find My, auto proximity locking, more

Prime Day’s low price returns for second time on Bluetti’s AC200L portable power station at $899

Through its official Amazon storefront, Bluetti is offering its AC200L Portable Power Station at $898.98 shipped, which beats out the brand’s direct website pricing by $100. This unit normally goes for $1,599 at full price, with discounts over the year having mostly kept costs between $999 and $975, save for the lone fall to the $899 low back during last month’s Prime Day event. That low price is coming back around for a second time here today thanks to the 44% markdown that cuts $700 off the tag. On the same listing, you’ll also notice several solar bundles at discounted rates starting from $1,199.

If you want to learn more about this power station, be sure to check out our original coverage of this deal here.

EcoFlow flash sale takes up to 62% off DELTA Pro/Ultra extra batteries and bundled solar panels starting from $399

EcoFlow has a 48-hour flash sale on four add-on accessory offers – two expansion battery discounts and two solar panel bundles – with up to 62% savings, so that you can upgrade your existing setup at much lower costs. One of the most popular options among the lineup will likely be the DELTA Pro Extra Battery for $1,450 shipped, which beats its Amazon pricing by $49. While this unit carries a $2,799 MSRP directly from the brand, we more often see it down at $1,999 at Amazon, with discounts over 2025 having mainly dropped costs between $1,499 and $1,599, the latter being the previous sale’s listing price. While we have seen it go as low as $1,299, which was last seen during July’s Prime Day sale, you’re still looking at a solid 48% markdown that cuts $549 off the going rate ($1,349 off the MSRP) for the third-lowest price we have tracked.

If you want to learn more about this expansion battery or the other add-on accessory deals, be sure to check out our original coverage of this 48-hour flash sale here.

EGO’s 56V 21-inch cordless touch drive self-propelled mower with two 4.0Ah batteries hits best price of 2025 at $591

After a few weeks of not seeing much discounts on EGO Power+ equipment, Amazon is finally offering some savings on the brand’s various lawn care tools, like the 56V 21-inch Cordless Electric Touch Drive Self-Propelled Lawn Mower that comes with two 4.0Ah batteries at $591.20 shipped. This bundle is coming down from $719 today, after not seeing much by way of discounts in 2025. While we did see it go lower to $585 and $519 in 2024, you’re otherwise looking at the best price of this year with the $128 markdown here, dropping things to the third-lowest overall price while giving you one of the brand’s more advanced mowers to tackle your yard duties.

If you want to learn more about this mower’s capabilities, be sure to check out our original coverage of this deal here.

Worx’s 4-pound Nitro Hydroshot Plus 710 PSI portable pressure washer with draw hose falls to $140

Amazon is now offering the Worx Nitro Hydroshot Plus 20V 710PSI Light-Duty Electric Pressure Washer at $139.99 shipped, which we’re also seeing matched in price for the rest of the day at Best Buy, as it’s been included in its Deals of the Day promotions. This more portable pressure washer option usually goes for $210 at full price, though we’ve been seeing it keep more at $170 in 2025. Prices have regularly fluctuated throughout the year, with discounts having taken things down to the one-time $137 low back in April, and otherwise dropping things to this same rate regularly over the year. Aside from that one-time low, this is the best rate we have tracked and its coming back around today, giving you $70 in total savings off the MSRP.

If you want to learn more about this light-duty electric pressure washer, be sure to check out our original coverage of this deal here.

For the rest of the day, you can pick up Anker’s SOLIX C300X AC 90,000mAh power station at $199

As part of its Deals of the Day, Best Buy is offering the Anker SOLIX C300X Portable Power Station at $198.99 shipped, which beats out the brand’s direct website and Amazon pricing by $21. Normally, you’d be shelling out $300 at full price directly from Anker or Amazon, though at Best Buy, this black model with the shoulder strap is priced lower for $270, which we’ve mostly seen keeping above $210 in 2025, except for the drop to $190 back at the end of January. Today’s deal gives you a 26% markdown for $71 in savings ($101 in savings from the MSRP) at the best price we have tracked since January, only beaten out by the previously mentioned fall to $190, as well as a drop to the $180 low back during Black Friday and Christmas sales.

If you want to learn more about this power station, be sure to check out our original coverage of this one-day-only deal here.

Best Summer EV deals!

• Velotric Nomad 2X e-bike (camo) with DELTA 3 Plus station: $3,048 (Reg. $3,298)
• Velotric Nomad 2X e-bike (sage or fig) with DELTA 3 Plus station: $2,948 (Reg. $3,298)
• Aventon Ramblas Electric Mountain Bike: $2,599 (Reg. $2,899)
• Ride1Up Prodigy v2 Brose Mid-Drive Gates Belt CVT e-bike: $2,595 (Reg. $2,795)
• Ride1Up Revv 1 DRT Off-Road Moped-Style e-bike: $2,395 (Reg. $2,595)
• Ride1Up Revv 1 Full Suspension Moped-Style e-bike: $2,395 (Reg. $2,595)
• Segway Xafari Red e-bike: $2,000 (Reg. $2,400)
• Velotric Nomad 2 All-Terrain e-bike with $120 bundle (new): $1,999 (No price cut)
• Rad Power Radster Road Commuter e-bike: $1,999 (Reg. $2,199)
• Rad Power Radster Trail Off-Road e-bike: $1,999 (Reg. $2,199)
• Lectric XPedition 2.0 35Ah Cargo e-bike w/ up to $654 bundle: $1,999 (Reg. $2,653)
• Ride1Up Prodigy v2 Brose Mid-Drive 9-Speed e-bike: $1,995 (Reg. $2,495)
• Tenways AGO X All-Terrain e-bike with $307 bundle: $1,899 (Reg. $2,499)
• Velotric Fold 1 Plus e-bike (gray or white) with DELTA 2 station: $1,898 (Reg. $2,198)
• Velotric Fold 1 Plus e-bike (mango or blue) with DELTA 2 station: $1,828 (Reg. $2,198)
• Aventon Abound SR Smart Cargo e-bike (new, first discount): $1,799 (Reg. $1,899)
• Velotric Breeze 1 Cruiser e-bike with $150 bundle (new, first discount): $1,699 (Reg. $1,799)
• Aventon Pace 4 Smart Cruiser e-bike (new, second-ever discount): $1,699 (Reg. $1,799)
• Rad Power RadExpand 5 Plus Folding e-bike (lowest price): $1,699 (Reg. $1,899)
• Lectric XPedition 2.0 26Ah Cargo e-bike w/ $505 bundle: $1,699 (Reg. $2,204)
• Lectric XPeak 2.0 Long-Range Off-Road e-bike with $316 bundle: $1,699 (Reg. $2,015)
• Aventon Aventure 2 All-Terrain e-bike: $1,699 (Reg. $1,999)
• Aventon Abound Cargo e-bike: $1,599 (Reg. $1,999)
• Heybike Limited Miami Sunset Ranger 3.0 Pro Folding e-bike (new): $1,599 (Reg. $1,699)
• Rad Power RadRunner Cargo Utility e-bike with $109 bundle: $1,499 (No pirce cut)
• Lectric XPeak 2.0 Standard Off-Road e-bike with $227 bundle: $1,499 (Reg. $1,726)
• Lectric XP Trike2 with $227 preorder bundle: $1,499 (Reg. $1,726)
• Rad Power RadWagon 4 Cargo e-bike: $1,499 (Reg. $1,799)
• Tenways CGO600 Pro e-bikes with $118 bundle: $1,499 (Reg. $1,899)
• Velotric Nomad 1 Plus All-Terrain e-bike: $1,499 (Reg. $1,899)
• Aventon Sinch 2 Folding e-bike (lowest price): $1,399 (Reg. $1,699)
• Lectric XPedition 2.0 13Ah Cargo e-bike with $326 bundle: $1,399 (Reg. $1,725)
• Aventon Level 2 Commuter e-bike (2025 low): $1,399 (Reg. $1,899)
• Heybike Ranger 3.0 Pro Folding Fat-Tire e-bike (new): $1,399 (Reg. $1,499)
• Ride1Up Roadster V3 Lightweight Premium e-bike: $1,395 (Reg. $1,495)
• Velotric T1 ST Plus Lightweight e-bike: $1,399 (Reg. $1,649)
• Lectric XPress 750 Commuter e-bikes with $366 bundle: $1,299 (Reg. $1,665)
• Lectric XP4 750 LR Folding Utility e-bikes with $356 bundle: $1,299 (Reg. $1,655)
• Heybike Mars 3.0 Folding Fat-Tire e-bike (new): $1,199 (Reg. $1,299)
• Lectric XP Lite 2.0 JW Black LR e-bike with $365 bundle: $1,099 (Reg. $1,464)
• Ride1Up Portola Folding e-bike with BOGO accessory promo: $995 (Reg. $1,095)
• Lectric XP4 Standard Folding Utility e-bikes with $79 bundle: $999 (Reg. $1,078)
• Lectric XP Lite 2.0 Long-Range e-bikes with up to $365 bundles: $999 (Reg. $1,364)
• Heybike Hauler Single-Battery Cargo e-bike: $999 (Reg. $1,499)
• Rad Power RadExpand 5 Folding e-bike: $999 (Reg. $1,599)
• Segway ZT3 Pro All-Terrain Electric KickScooter (code ZT3AUG100OFF): $900 (Reg. $1,300)
• Segway F3 Electric KickScooter: $750 (Reg. $1,000)
• Navee ST3 Pro Electric Scooter (code SCHOOL15): $727 (Reg. $1,014)
• ENGWE Engine Pro Folding e-bike (use code 9TO5ENGWE50): $750 (Reg. $1,500)

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.