for EV Charging
The White House wants to accelerate U.S. EV sales—but prospective owners need charging infrastructure to match.
After passing the $1.9 trillion Covid-19 rescue package, the Biden administration appears ready to go big again with its infrastructure legislation.
With EV sales continuing to rise and more fleet operators seeing the economic benefits of electrification, governments are increasing their public charging infrastructure investments.
Using blockchain technology, peer-to-peer networks have established marketplaces to connect EV drivers so they can share charging stations with each other.
Despite improvements in charging infrastructure and battery technology, consumers may still be hesitant to buy EVs based on outdated preconceptions.
Electric utilities are one major entity that can gain financially from deployment of charging stations for electric vehicles and will be key in improving charging infrastructure.